Aditya Birla Sun Life Multi Asset Allocation Fund NFO Collection Exceeds Rs 1500 Crore
New Delhi, February 21, 2023: Aditya Birla Sun Life AMC Limited, a subsidiary of Aditya Birla Capital Limited, an investment manager to Aditya Birla Sun Life Mutual Fund, announced the launch of Aditya Birla Sun Life Multi Asset Allocation Fund on 11th January 2023. This open-ended scheme invests in equity, fixed income, gold/silver, and REITs. The NFO managed to garner high investor interest with investments from over 70,000 investors and collected Rs 1574 crore as on 31st January 2023.
The multi-asset allocation category has emerged as a popular investment option for investors seeking asset class diversification along with a stable investment solution. The collection is a testament to the success of the fund’s portfolio construction.
Key Highlights of Aditya Birla Sun Life Multi Asset Allocation Fund
1. Equity portion of the Portfolio will follow Flexi Cap Approach with Large Cap bias and can invest across Sectors / Themes. Fixed-income portfolios will largely use an Accrual strategy
2. Investment approach – equity (65-80%), fixed income (10-25%), commodities (10-25%)
3. Equity – potential to create wealth in the long term
4. Fixed income – seeks to bring stability to the portfolio
5. Gold/Silver – acts as a hedge against uncertainty/Inflation
