Aditya Birla Sun Life Multi Asset Allocation Fund NFO Collection Exceeds Rs 1500 Crore

Chandigarh, 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 REITss. 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.

Commenting on the success, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, “Market volatility can be a challenge for investors; however, Aditya Birla Sun Life Multi Asset Allocation Fund is the way forward for investing and provides a stable investment solution. The fund's portfolio construction is unique and has a high focus on quality and growth-oriented companies that have high RoEs, low leverage, and generate cash from operations. It’s an all-in-one fund that invests in fixed income, gold and silver along with equity.”