Aditya Birla Sun Life Mutual Fund files offer document for CRISIL Liquid Overnight ETF - Growth
Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch an open-ended Exchange Traded Fund named ‘Aditya Birla Sun Life CRISIL Liquid Overnight ETF - Growth’. The New Fund Offer price will be Rs 1000 during the NFO. Entry load and exit load will be nil. The Scheme does not offer any plans or options for investments and seeks to collect a Minimum Target Amount of Rs 10 crore.
The performance will be benchmarked against CRISIL Liquid Overnight Index. The minimum application amount will be Rs 5,000 and in multiples of Rs 1 thereof.
The investment objective of the scheme is to generate returns corresponding to the total returns of the securities as represented by the CRISIL Liquid Overnight Index before expenses.
