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Aditya Birla Sun Life Mutual Fund Launched Aditya Birla Sun Life CRISIL Broad Based GILT

08 July 20245 mins read by Angel One
In the following article we shed light on the NFO's objectives, fund allocation, fund managers, and peer performance.
Aditya Birla Sun Life Mutual Fund Launched Aditya Birla Sun Life CRISIL Broad Based GILT
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Aditya Birla Sun Life CRISIL Broad Based GILT ETF is an open-ended debt exchange-traded fund (ETF) launched by Aditya Birla Sun Life Mutual Fund on June 27, 2024, with an offer closure date of July 1, 2024. The minimum subscription amount is ₹1,000 and the investment objective is to generate returns corresponding to the total returns of the securities as represented by the CRISIL Broad Based Gilt Index, before expenses, subject to tracking errors.

Investment Objective

The investment objective of the Aditya Birla Sun Life CRISIL Broad Based GILT ETF is to generate returns corresponding to the total returns of the securities as represented by the CRISIL Broad Based Gilt Index before expenses, subject to tracking errors.

This NFO of Aditya Birla Sun Life CRISIL Broad Based GILT ETF is suitable for investors who are seeking income through exposure to Gilt securities spread across different maturities.

Risk-o-meter:

Funds Allocation

Types of Instruments Minimum Allocation (% of Net Assets) Maximum Allocation (% of Net Assets)
Instruments forming part of the CRISIL Broad Based Gilt Index 95 100
T-Bills, cash and cash equivalent of debt/liquid schemes of domestic Mutual Funds 0 5

Benchmark

The performance of the Aditya Birla Sun Life CRISIL Broad Based GILT ETF will be benchmarked to the performance of CRISIL Broad-Based Gilt Index.

Fund Managers

Mr. Kaustubh Gupta (41 years)

Kaustubh Gupta is a Chartered Accountant and holds a B.Com degree, bringing over 19 years of experience to his role. Before joining ABSLAMC, he worked at ICICI Bank Limited as a Money Market Manager, focusing on liquidity management. He has over 19 years of experience.

Peer Mutual Fund Schemes 

Scheme Name Launch Date AUM (Crore) 1 Yr Rtn. 3 Yrs Rtn. 5 Yrs Rtn. Since Launch Rtn. (%)
Mirae Asset Nifty 8-13 yr Gsec ETF 15-03-2023 82.77 7.2 8.41
Nippon India ETF Nifty 8-13 yr G-Sec Long Term Gilt 01-07-2016 1,750.98 7.19 4.68 6.07 6.72
LIC MF Nifty 8-13 yr G-Sec ETF 24-12-2014 2,022.04 7.14 4.75 5.95 7
Nippon India ETF Nifty 5 yr Benchmark G-Sec 06-04-2021 158.51 7.09 5.26 5.26
SBI Nifty 10 yr Benchmark G-Sec ETF 08-06-2016 2,945.23 7.08 3.95 5.41 5.96
ICICI Pru Nifty 10 yr Benchmark G-sec ETF 13-12-2022 592.05 7.05 7.5
ICICI Pru Nifty 5 yr Benchmark G-SEC ETF 05-03-2022 103.76 6.76 5.85
Motilal Oswal 5 Year Benchmark G Sec ETF 05-12-2020 85.29 6.76 5.04 4.55
UTI Nifty 10 yr Benchmark G-Sec ETF 29-01-2024 0.57 3.39
UTI Nifty 5 yr Benchmark G-Sec ETF 29-01-2024 0.81 2.83

Data as of June 26, 2024

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Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. The information is based on various secondary sources on the internet and is subject to change. Please consult with a financial expert before making investment decisions.

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