Aditya Birla Sun Life Mutual Fund has launched Aditya Birla Sun Life CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund, an open-ended constant maturity index fund, according to an official statement.
On March 17, Tata Asset Management also introduced a new fund named BSE Quality Index Fund. The Tata BSE Quality Index Fund aims to replicate the performance of the BSE Quality Index, which comprises companies selected based on quality parameters underlining high return on equity, low financial leverage, and low accrual ratio indicating quality of earnings. Read more
Aditya Birla’s Constant Maturity Fund subscription dates
The NFO opened on March 18, 2025, and will close on March 20, 2025.
Minimum investment
Investors can enter the fund with a minimum investment of Rs 1,000, with subsequent investments in multiples of Rs 1.
“Our debt passive fund offerings continue to gain strong investor traction with the 3 to 6 months debt index fund assets reaching almost Rs 3700 crore as of 15th March 2025. This reflects strong investor confidence in high-quality, short-duration fixed-income solutions. With interest rates and yields currently elevated, expectations of upcoming rate cuts could lead to lower yields, enhancing the potential for attractive returns, said A. Balasubramanian, managing director & CEO, Aditya Birla Sun Life AMC Ltd.
“The financial sector’s strong fundamentals, coupled with expectations of favourable interest rate movements, make the 9 to 12 months debt index fund an opportune time for investors to participate in this space,” Balasubramanian added.
NFO: Other key details
Lock-in period: None
Riskometer: Low to moderate
Type: Open-ended index fund
Category: debt-low duration
Plans Available: Growth, IDCW (Income Distribution cum Capital Withdrawal)
Exit load: Nil
As of December 31, 2024, Aditya Birla Capital Limited manages aggregate assets under management of over Rs 5.03 Lakh Crore with a consolidated lending book of over Rs 1.46 Lakh Crore through its subsidiaries and joint ventures.
