All you Need to Know About Aditya Birla Sun Life CRISIL IBX SDL June 2032 Index Fund

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Mutual fund

This article will discuss the Aditya Birla Sun Life CRISIL IBX SDL June 2023 Index Fund covering the following points: 

  • The Objective of the Fund

  • Investment Strategy

  • Risks and Returns

  • Eligibility Criteria

  • Why Invest in Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund? 

Aditya Birla Sun Life (ABSL) Mutual Fund is one of the leading asset management companies that launched a new fund named Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund on 7 February 2023. This fund provides a low-cost investment option that will track the performance of the CRISIL IBX SDL Jun 2032 Index.

The Objective of  Aditya Birla Sun Life CRISIL IBX SDL June 2023 Index Fund

The most crucial objective of the Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund is to deliver returns that nearly resemble the total returns of the securities in the CRISIL IBX SDL June 2032 Index. 

The fund gives investors a chance to invest in a diversified portfolio of government securities and state development loans (SDLs) maturing in June 2032.

It provides a standard for measuring the performance of a portfolio invested in Indian fixed-income securities. The index will mature in June 2032, and its formatting is likely to be specified by Credit Rating Information Services of India Limited (CRISIL), which is India's leading credit rating agency. 

However, this scheme does not guarantee any returns. The investment goal of the scheme may be attained or not. If an individual invests in this fund, he should read all the documents related to the scheme carefully. 

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Investment Strategy of  Aditya Birla Sun Life CRISIL IBX SDL June 2023 Index Fund

The Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund will invest in a portfolio of government securities and state development loans (SDLs) that will create the CRISIL IBX SDL Jun 2032 Index. The fund will conform to a passive investment system, where the portfolio will be managed closely to the index. 

By completing this, the fund aims to reduce investment risk and generate returns similar to the underlying index.

Risks and Returns -  Aditya Birla Sun Life CRISIL IBX SDL June 2023 Index Fund

As with all investments, the Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund is subjected to certain risks. Some fund risks include interest rates, credit risks, and market risks. However, the fund aims to reduce these risks by investing in a diversified portfolio of government securities and state development loans SDLs. 

After reducing the risk factors, the fund is expected to generate returns that substantially match the total returns for the CRISIL IBX SDL June 2032 Index. 

Also Read: Putting the Investor First

Eligibility Criteria for Aditya Birla Sun Life CRISIL IBX SDL June 2023 Index Fund

The company has decided on eligibility criteria for individuals to invest. An individual must meet the following eligibility criteria to invest in the Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund: 

  • The individual must be a resident of India

  • The minimum investment amount is 500 INR

Why Invest in Aditya Birla Sun Life CRISIL IBX SDL Jun 2032 Index Fund? 

This fund has a fixed maturity time that is in June 2032. Therefore, it allows investors to plan better and align their investments and goals.  

It is an open-ended fund and has no lock-in period, which provides liquidity to the investors during the entire period of the fund.

Also Read: Transamerica Multi-Asset Income

The Aditya Birla Sun Life CRISIL IBX SDL June 2032 Index Fund is a low-cost and low-risk investment opportunity for individuals looking to invest in a diversified portfolio of government securities and state development loans (SDLs). The fund's sedentary investment strategy and diversified portfolio aim to reduce or minimize the investment risks and make returns that nearly match the total returns of the CRISIL IBX SDL June 2032 Index.

 

Disclaimer: This article is intended for general information purposes only and should not be construed as investment or legal advice. You should separately obtain independent advice when making decisions in these areas.

References:

  1. https://mutualfund.adityabirlacapital.com/campaign/nfo/aditya-birla-sun-life-crisil-ibx-sdl-jun-2032-index-fund 

  2. https://economictimes.indiatimes.com/mf/mf-news/absl-mutual-fund-launches-aditya-birla-sun-life-crisil-ibx-sdl-jun-2032-index-fund/articleshow/97689530.cms 

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