Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Multi Asset Allocation Fund
NFO period: 11th January - 25th January, 2023
Highlights of the NFO:
Scheme type - An open ended scheme investing in Equity, Debt and Commodities
Investment objective - The investment objective of the scheme is to provide long term capital appreciation by investing across asset classes like Equity, Debt, Commodities, & units of REITs & InvITs. The scheme does not guarantee/indicate any returns. There can be no assurance that the objective of the scheme will be achieved.
Product suitability - The product is suitable for investors who are seeking long term Capital Appreciation by investing in equity and equity related securities, debt & money market instruments and Commodities.
Minimum Application Amount - First investment is Rs. 500/- and in multiples of Rs. 1/- thereafter
Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal (“IDCW”) Option (Payout of IDCW & Reinvestment of IDCW).
Fund Manager - Mr. Dhaval Shah
Benchmark - 65% S&P BSE 200 + 25% CRISIL Short Term Bond Fund Index + 5% of Domestic prices of Gold + 5% of Domestic prices of Silver