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Aditya Birla Sun Life Asset Management Company Limited has launched a new fund offer for Aditya Birla Sun Life Business Cycle Fund. The fund is open for subscription between November 15, 2021, and November 29, 2021.

Read on to find out more about the NFO. 

Investment Objective

Aditya Birla Sun Life Business Cycle Fund is an open-ended equity scheme following business cycles based investing theme.

Invest in direct mutual funds

  • Enjoy 0% commission
  • SIP starting at ₹500

Indicative Asset Allocation

Types of Instruments  Indicative allocation  (% of total assets)  Risk Profile
Minimum Maximum
Equity & Equity related instruments selected on the basis of

business cycle 

80% 100% High
Other Equity & Equity related instruments 0% 20% High
Debt and Money Market Instruments  0% 20% Low to Medium
Units issued by REITs & InvITs  0% 10% Medium to High 

Fund Details

Scheme name Aditya Birla Sun Life Business Cycle Fund
Type of scheme An open ended equity scheme following business cycles based investing theme
NFO Dates November 15 – November 29, 2021.
Fund Managers Mr. Vineet Maloo and Mr. Nitesh Jain
Benchmark S&P BSE 500 TRI 
Minimum Amount for Application during NFO Rs 500/- and in multiples of Re. 1/- 
Minimum Additional Purchase Amount Rs. 500/- and in multiples of Re. 1/-
Minimum Redemption/Switch-Out Amount Minimum of Rs. 500/- and in multiples of Re 1/- thereafter
Load a) Entry Load: N.A

b) Exit Load: 

For redemption / switch-out of units on or before 365 days from the date of allotment: 1.00% of applicable NAV.

For redemption / switch-out of units after 365 days from the date of allotment – Nil

Plans Direct and Regular
Options Growth, Income Distribution cum capital withdrawal (“IDCW”) Option (Payout of IDCW)^
Minimum SIP Amount Rs. 500/- Minimum installments: 6

Benchmark

S&P BSE 500 TRI 

The S&P BSE 500 has been designed to be a broad representation of the Indian market. Consisting of the top 500 constituents in the S&P BSE AllCap, the index covers all major industries in the Indian economy. 

A Total Return Index reflects the returns on the index arising from: 

(a) Listed stock price movements and 

(b) Dividend receipts from those stocks.

Fund Managers

Mr. Vineet Maloo 

Mr Vineet had around 17 years of experience in Financial services. Prior to joining ABSLAMC, he had been providing analytical support to the Chief Financial Officer of Hindalco Industries Limited, prior to which he had worked with Aditya Birla Management Corporation Ltd. & M/s. D. K. Chhajer & Co., Chartered Accountants.

Other schemes managed: 

Aditya Birla Sun Life Balanced Advantage Fund

Aditya Birla Sun Life Dividend Yield Fund

Aditya Birla Sun Life Infrastructure Fund  

Aditya Birla Sun Life Dual Advantage – Series 2

Aditya Birla Sun Life PSU Equity Fund

Mr. Nitesh Jain

Mr. Nitesh Jain has a total experience of 17 years in the financial services industry. He joined ABSLAMC in 2018 as Senior Analyst – Midcaps. He has been closely working with Senior Fund Manager(s) for research in Midcap and Small Cap stocks. 

Prior to joining ABSL AMC, he worked as Executive Director – Materials Sector in the research division at Axis Capital for around 11 years.

Other schemes managed: 

Aditya Birla Sun Life Small Cap Fund

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Investment in securities market are subject to market risks, read all the related documents carefully before investing. Please read the Risk Disclosure documents carefully before investing in Equity Shares, Derivatives, Mutual fund, and/or other instruments traded on the Stock Exchanges. As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance.