Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nasdaq 100 FOF

Oct 18, 2021 by Advisorkhoj Team | NFO | 10 Downloaded

NFO period: 15th October – 29th October, 2021

Highlights of the NFO:

  • Scheme type – An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ-100 Index

  • Investment objective – The investment objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETFs and/or Index Fund based on NASDAQ-100 Index. The scheme does not guarantee/indicate any returns. There can be no assurance that the schemes’ objectives will be achieved.

  • Product suitability – The product is suitable for investors who are seeking long term capital appreciation return that corresponds generally to the performance of the NASDAQ-100 Index, subject to tracking error.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiples of Rs. 1,000/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum capital withdrawal option (IDCW) (Payout of IDCW & Reinvestment of IDCW).

  • Fund Manager – Mr. Vinod Bhat

  • Benchmark – NASDAQ 100 TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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