Publish Date:
Aditya Birla Sun Life Mutual Fund has launched – Aditya Birla Sun Life CRISIL IBX 60:40 SDL + AAA PSU Apr 2026 Index Fund
It is an open-ended target maturity index fund tracking the CRISIL IBX 60:40 SDL + AAA PSU Index – April 2026. A relatively high interest rate risk and relatively low credit risk
Accordingly, the investment objective of the Scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX 60:40 SDL + AAA PSU Index – April 2026 before expenses, subject to tracking errors.
However, there can be no assurance or guarantee that the investment objective of the Scheme will be achieved.
Under normal circumstances, Aditya Birla Sun Life CRISIL IBX 60:40 SDL + AAA PSU Apr 2026 Index Fund will hold an allocation of 95% to 100% of its assets in Instruments forming part of the CRISIL IBX 60:40 SDL + AAA PSU Index – April 2026 and 0% to 5% in Cash and Debt/Money Market Instruments.
As per the Scheme Information Document, Aditya Birla Sun Life CRISIL IBX 60:40 SDL + AAA PSU Apr 2026 Index Fund will replicate income over the target maturity period of its underlying index i.e. CRISIL IBX 60:40 SDL + AAA PSU Index – April 2026, subject to tracking errors. Accordingly, the Scheme will invest in securities in line with the benchmark index of the Scheme.
In case of change in constituents of the index due to periodic review, the portfolio will be rebalanced within 7 calendar days. The Scheme will also invest in money market instruments in line with the asset allocation defined.
Aditya Birla Sun Life CRISIL IBX 60:40 SDL + AAA PSU Apr 2026 Index Fund’s performance will be benchmarked against CRISIL IBX 60:40 SDL + AAA PSU Index – April 2026.
The scheme will be managed by Mr Bhupesh Bameta and Mr Sanjay Godambe.
The NFO opens for subscription on November 24, 2022 and closes on December 01, 2022. The schemes will reopen for continuous sale and repurchase within 5 business days from date of allotment.
The fund’s NAV is priced at Rs 10/- per unit during the NFO period. The minimum subscription amount is Rs 500/- and in multiples of any amount thereafter.
The scheme offers Regular Plan and Direct Plan each plan offers Growth and Income Distribution cum capital withdrawal option (IDCW) option.
[Read: Is it Worth Investing in Aditya Birla Sun Life CRISIL IBX 60:40 SDL + AAA PSU Apr 2026 Index Fund?]