Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life Resurgent India Fund-Series 6, a close ended growth scheme. The NFO opens for subscription on February 21, 2018 and closes on March 07, 2018. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 1,000 and in multiples of Rs 10 thereafter.
The scheme's performance will be benchmarked against S&P BSE 500 and its fund managers are Satyabrata Mohanty and Milind Bafna.
The investment objective of the scheme is to provide capital appreciation by investing in equity and equity related securities that are likely to benefit from recovery in the Indian economy.