Publish Date:
Aditya Birla SL Mutual Fund introduces – Aditya Birla Sun Life Transportation and Logistics Fund
It is an open-ended equity scheme following transportation and logistics theme.
Accordingly, the investment objective of the Scheme is to achieve long term capital appreciation by investing in equity and equity related securities of companies following transportation and logistics theme. The Scheme does not guarantee/indicate any returns. There is no assurance that the objective of the Scheme will be achieved.
Under normal circumstances, Aditya Birla Sun Life Transportation and Logistics Fund will hold an allocation of 80% to 100% in Equity & Equity related instruments# of companies following transportation and logistics theme, 0% to 20% in Equity & Equity related instruments# other than the transportation & logistics theme, 0% to 20% in Debt and Money Market Instruments, 0% to 20% in Debt and Money Market Securities and 0% to 10% in Units issued by REITs & InvITs.
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As per the Scheme Information Document, Aditya Birla Sun Life Transportation and Logistics Fund follows an active investment strategy and is an equity oriented scheme with focus on Transportation & Logistics theme.
The Scheme will follow a bottom-up approach to stock-picking. All companies selected will be analyzed taking into account the business fundamentals like nature and stability of business, prospects of future growth and scalability, financial discipline and returns, valuations in relation to broad market, expected growth in earnings and the company's financial strength and track record. The equity portfolio shall be structured so as to keep risk at acceptable levels and invest across Market cap. The portfolio manager will adopt an active management style to optimize returns.
Aditya Birla Sun Life Transportation and Logistics Fund’s performance will be benchmarked against Nifty Transportation and Logistics TRI
The scheme will be managed by Mr Dhaval Gala and Mr Dhaval Joshi for overseas investments.
The NFO opens for subscription on October 27, 2023 and closes on November 10, 2023. The schemes will reopen for continuous sale and repurchase on Within five business days of allotment date.
The minimum subscription amount is Rs 500/- and in multiples of Re.1/- thereof.
The scheme offers Regular Plan and Direct Plan each plan offers Growth option and Income Distribution cum capital withdrawal Option (IDCW).