
Aditya Birla Sun Life Mutual Fund has announced change in the fundamental attributes of Aditya Birla Sun Life Manufacturing Equity Fund.
- As per the updated asset allocation, the fund will now invest 80-100 per cent of its assets in the units of Equity-oriented related instruments of Manufacturing sector companies and 0-10 per cent in the units of REITs & InVITs.
- The scheme will now managed by Harish Krishnan and Dhaval Joshi.
- The benchmark of the scheme has changed from 'BSE India Manufacturing TRI' to 'Nifty Manufacturing Total Return Index'.
These changes are effective from June 11, 2025.
As per the regulatory requirements, unitholders have been given a 32-day exit window from May 12, 2025 to June 10, 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.