Aditya Birla Sun Life AMC launches a new mid-cap fund. The NFO for Aditya Birla Sun Life Multi-Cap Fund is open for subscription between April 19, 2021, and May 3, 2021. Read on to find out more about the NFO.
The fund will aim to achieve capital appreciation by investing in equity and debt instruments within Sebi regulations. The fund will invest in stocks large-, mid-, and small-cap companies.
Indicative Asset Allocation
|Types of Instruments||Indicative allocation (% of total assets)||Risk Profile|
|Equity and equity-related instruments across large-, mid- and small-cap companies*||80%||100%||High|
|Debt and Money Market Instruments||0%||20%||Low to medium|
|Scheme name||Aditya Birla Sun Life Multi-Cap Fund|
|Type of scheme||An open-ended equity scheme investing across stocks of large-cap, mid-cap and small-cap companies.|
|NFO Dates||April 19, 2021, to May 3, 2021|
|Minimum Amount for Application during NFO||Rs.500 and in multiples of Re. 1/- after that.|
|Minimum Additional Application Amount||Rs.500 and in multiples of Re. 1/- after that.|
|Minimum Redemption Amount||Any amount|
|Load||a) Entry Load: Not Applicable
b) Exit Load:
1%: For redemption / switch-out of units on or before 1 year free from the date of allotment
NIL: For redemption / switch-out of units after 1 year from the date of allotment
|Plans||Direct and Regular|
|Options||1. Payout of Income Distribution cum Capital Withdrawal Option (the amounts can be distributed out of investors capital)
2. Growth Option
|Minimum SIP Amount||SIP is not available during the NFO period. After the NFO period, minimum 6 instalments of Rs. 500 each have to be made every month|
Mr Patil’s experience as a fund manager is spread across 26 years. Before Aditya Birla AMC, he has worked in business strategy with Reliance Infocom. Mr Patil has also worked as a research analyst with Motilal Oswal Securities and Parag Parikh Financial Advisory Services.
Names of other schemes managed by Mr Mahesh Patil:
- Aditya Birla Sun Life Frontline Equity Fund
- Aditya Birla Sun Life Focused Equity Fund
- Aditya Birla Sun Life PSU Equity Fund#
#Jointly Mr Vineet Maloo
Mr Shah has experience of 14 years in equity capital markets. He has worked with Morgan
Stanley Investment Management, Reliance Capital Asset Management Ltd. and Edelweiss Securities before Aditya Birla Sun Life AMC.
Names of other schemes managed by Mr Dhaval Shah
- Aditya Birla Sun Life Regular Savings Fund*
- Aditya Birla Sun Life Equity Hybrid ’95 Fund*
- Aditya Birla Sun Life Pharma & Healthcare Fund *
Jointly with Mr Satyabrata Mohanty & Mr Harshil Suvarnkar
Mr Suvarnkar has an experience over 10 years in the financial services industry. He has worked with Indiabulls Housing Finance Ltd before ABSL AMC as Head – Markets, Treasury, Asset Liability Management (ALM) and capital market borrowing.
Names of other schemes managed by Mr Suvarnkar:
- Aditya Birla Sun Life Regular Savings Fund$
- Aditya Birla Sun Life Banking & PSU Debt Fund*
- Aditya Birla Sun Life Floating Rate Fund*
- Aditya Birla Sun Life Equity Hybrid ’95 Fund$
- Aditya Birla Sun Life Equity Savings Fund^
- Aditya Birla Sun Life Bal Bhavishya Yojna@
- Aditya Birla Sun Life Retirement Fund@
$ Jointly with Mr Satyabrata Mohanty / Mr Dhaval Shah
* Jointly with Mr Kaustubh Gupta
@Jointly with Mr Ajay Garg
^Jointly with Mr Lovelish Solanki/Mr Satyabrata Mohanty
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.