Aditya Birla Sun Life CRISIL IBX SDL Sep 2028 Index Fund - Direct Plan - Regular plan: Overview, Performance, Portfolio | Mutual Fund | Value Researchhttps://www.valueresearchonline.com/funds/43403/aditya-birla-sun-life-crisil-ibx-sdl-sep-2028-index-fund-direct-plan/Get the latest information and complete track record of 'Aditya Birla Sun Life CRISIL IBX SDL Sep 2028 Index Fund - Direct Plan' schemes, returns, latest NAV and ratings from independent mutual fund research house.
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Aditya Birla Sun Life CRISIL IBX SDL Sep 2028 Index Fund - Direct Plan
Suitability
This is a fund that comes with a fixed maturity and invests in bonds whose maturity is in line with that of the fund. Upon the completion of the stated tenure, the fund is wound up and investors' money is returned to them along with accumulated gains. They provide predictability (though not a guarantee) of returns because by staying invested till the end of its term, you can expect to get returns close to its ‘indicative yield’ at the time of making the investment.
They can be a viable option for fixed-income investors whose investment horizon matches the tenure of the fund. Such funds are more attractive when the interest rates are high, so as to 'lock-in' a high rate of return and benefit from it by staying invested for the entire fund tenure.
If you do decide to invest in them, remember that they are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run.
The Scheme seeks to generate returns corresponding to the total returns of the securities as represented by the CRISIL IBX SDL Index - September 2028 before expenses, subject to tracking errors.
Fund Manager
Name
Harshil Suvarnkar since 25-Mar-2023
Education
Mr. Suvarnkar has doneB.Com, Masters in Management Studies (Finance) and Post Graduate Diploma in Securities Law.
Experience
Prior to Joining Aditya Birla Sun Life MF, he has worked with Indiabulls
Housing Finance Limited,
Name
Sanjay Godambe since 25-Mar-2023
Education
Mr. Godambe is a Diploma in Finance Management and B. Com
Experience
He is a finance professional with experience of over 14 years in mutual funds and its related activities (including fixed income). He possesses proficient knowledge in Government Securities, Corporate Bonds, Certificate of Deposits and Commercial Papers.
Contact Information
AMC
Aditya Birla Sun Life AMC Ltd.
Website
http://mutualfund.adityabirlacapital.com
Fax
022-43568110
Address
One India Bulls Center - Tower 1, 17th Floor - Jupiter Mills Compound, 841 Senapati Bhawan, Elphinstone Road, Mumbai - 400013