Aditya Birla Sun Life Mutual Fund launches Aditya Birla Sun Life Nifty Next 50 ETF

Mutual Fund
Dec 12, 2018 by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 11th December – 17th December, 2018

Highlights of the NFO:

  • Scheme type – An Open ended Scheme tracking Nifty Next 50 Index

  • Investment objective – The investment objective of the scheme is to provide returns that closely correspond to the total returns of securities as represented by Nifty Next 50, subject to tracking errors. 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 investments by investing in securities covered by Nifty Next 50 Index.

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

  • Plan/ Options available – Not Available.

  • Fund Manager – Mr. Lovelish Solanki

  • Benchmark – Nifty Next 50 Index

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

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