Mutual Fund News : Aditya Birla Sun Life Mutual Fund files offer document for Aditya Birla Sun Life ESG Fund

Publish Date:

Aditya Birla Sun Life has filed offer document with SEBI to launch an open-ended equity scheme - 'Aditya Birla Sun Life ESG Fund'.

The investment objective of the scheme is to generate long-term capital appreciation by investing in a diversified basket of companies following Environmental, Social and Governance (ESG) theme.

The performance of the scheme will be benchmarked against Nifty 100 ESG TRI (Total Return Index).

The New Fund Offer price is Rs 10 per unit and the minimum application amount for initial purchase is Rs 5,000 and in multiples of Re 1 thereafter. The scheme offers growth and dividend options.

It seeks to collect a Minimum Target Amount of Rs 10 crore.