Aditya Birla Sun Life NASDAQ 100 FOF – Aditya Birla Sun Life Mutual Fund files offer document with SEBI
Aditya Birla Sun Life Mutual Fund has filed offer document with SEBI to launch An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ-100 Index.
The New Fund Offer price is Rs.10 per unit. The objective of the scheme is to provide long-term capital appreciation by investing in units of overseas ETFsand/or Index Fund based on NASDAQ-100 Index
The fund manager for this scheme is Mr Vinod Bhat
This product is suitable for investors who are seeking Long term capital appreciation and Return that corresponds generally to the performance of the NASDAQ-100 Index
Also Read : Axis Asset Allocator Fund – Axis Mutual Fund files offer document with SEBI
The scheme asset allocation will be
- Units of overseas ETF’s and/or Index Fund basedon NASDAQ 100 Index – 95%-100%
- Debt schemes, Debt & Money MarketInstruments, including Tri Party Repo, G-Secs,Cash and Cash at call – 0% -5%
The riskometer for this scheme is Very High
Aditya Birla Sun Life NASDAQ 100 FOF
| Name of Mutual Fund | Aditya Birla Sun Life Mutual Fund |
| Scheme Name | Aditya Birla Sun Life NASDAQ 100 FOF |
| About Scheme | An open ended fund of fund investing in units of overseas ETF’s and/or Index Fund based on NASDAQ-100 Index |
| Offer of Unit | Rs.10 |
| Objective | to provide long-term capital appreciation by investing in units of overseas ETFsand/or Index Fund based on NASDAQ-100 Index |
| Name of Fund Manage | Mr Vinod Bhat |
| This product is suitable for investors who are seeking | Long term capital appreciation Return that corresponds generally to the performance of the NASDAQ-100 Index |
| The scheme asset allocation will be | Units of overseas ETF’s and/or Index Fund basedon NASDAQ 100 Index (95%-100%) Debt schemes, Debt & Money MarketInstruments, including Tri Party Repo^, G-Secs,Cash and Cash at call (0% -5%) |
| Riskometer | Very High |
| DRHP | Click here |