Aditya Birla Sun Life Resurgent India Fund - Series 6 Scheme Details

Scheme details:

 Mutual Fund  Aditya Birla Sun Life Mutual Fund
 Scheme Name  Aditya Birla Sun Life Resurgent India Fund - Sr 6
 Objective of Scheme  To seek long term capital growth by investing in equity and equity related securities   that are likely to benefit from recovery in the Indian economy. 
 Scheme Type  Close Ended
 Scheme Category  Diversified Equity
 New Fund Launch Date  21-Feb-18
 New Fund Offer Closure   Date  7-Mar-18
 Plans/ Options offered  Under the scheme will have the following Options:
 (1) Dividend Option (Payout & Sweep Facility)
 (2) Growth Option
 Loads  Entry Load: Nil Exit Load: Nil
 Benchmark  S & P BSE 500
 Minimum Subscription     Amount  Minimum of Rs. 1,000/- and in multiples of Rs. 10/- thereafter
 Fund Manager  Mr. Satyabrata Mohanty, Mr. Milind Bafna


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Steps to Invest Online

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Asset Allocation

Under normal circumstances, the asset allocation of the Scheme will be as follows:

Instrument Normal Allocation (% of total assests) Risk Profile
Minimum Maximum
Equity and Equity related Securities (Incuding Option Premium^) 80% 100% High
Money Markets & Debt Instruments 0% 20% Low

 

^The total exposure related to option premium paid shall not exceed 20% of the net assets of the Scheme. Moreover, this upper limit of 20%, for investments in options premium, if any, shall be applicable only at the time of investment. If due to market actions the value of options appreciates/ depreciates resulting in breach of the limit of 20%, the fund manager may or may not rebalance the portfolio and may run with the ongoing exposure. However, if the fund manager sells the option before expiry of the contract, the reinvestment, if any, would be subject to the maximum 20% limit on options premium. The Options Premium offers the actual equity market exposure. However, the cumulative gross exposure through equity, debt and derivatives shall not exceed 100% of the net assets of the scheme. For this purpose, cash or cash equivalents with residual maturity of less than 91 days may be treated as not creating any exposure The scheme does not intend to invest in Securitized Debt and repo / reverse repo in corporate debt securities. Credit Default Swaps and ADR/ GDR/ Foreign Securities. The scheme shall not engage in securities lending / short selling.