Fundamental attributes changes in Aditya Birla Sun life Active Debt Multi Manager FOF

Aditya Birla Sun Life Mutual Fund has announced change in the Fundamental attributes of Aditya Birla Sun Life Active Debt Multi Manager FOF.

• The scheme name of 'Aditya Birla Sun Life Active Debt Multi Manager FOF' change to 'Aditya Birla Sun Life Debt Plus Arbitrage FOF'.

• The investment objective is to focus on generating returns from pure debt-oriented funds and the Aditya Birla Sun Life Arbitrage Fund. Currently, it focused solely on pure debt-oriented funds.

• As per the updated asset allocation, the fund will now invest 50-100 per cent of its assets in the units of debt-oriented mutual funds and up to 45 per cent in units of arbitrage funds.

• The benchmark of the scheme has changed from 'CRISIL Composite Bond Index' to 'CRISIL Composite Bond Index (60%) + NIFTY 50 Arbitrage Index TRI (40%)'.

• The risk-o-meter change from 'moderate' to 'low to high'.

These changes are effective from March 3, 2025.

As per the regulatory requirements, unitholders have been given a 30-day exit window from January 30, 2024 to February 28, 2025. Investors who do not consent to these changes have an option to either switch or redeem their investments without paying any exit load during the period. No action is required to be taken by investors who don't have any objection to the proposed change.