Aditya Birla Sun Life ESG Fund 2021 | NFO Reviewed


Aditya Birla Sun Life ESG fund NFO is open for subscription from the 4th of December 2020 till the 18th of December 2020. The new fund from Aditya Birla Sun Life Mutual Funds is expected to invest in ESG themed stocks for long-term capital appreciation. ESG which stands for E-Environmental Impact, S-Social Responsibility and G-Corporate Governance, is a method of Sustainable and Responsible Investing (SRI). This method takes into account composite ESG scores of the companies while investing. Aditya Birla Sun Life ESG Fund will invest 60 to 80% of its assets in large cap stocks and the balance in mid and small cap stocks. The fund can also invest in foreign equities; however, such investment is restricted to a maximum of 35% of the portfolio value. The benchmark for the fund is the Nifty 100 ESG Index. The minimum investment in the fund is Rs. 500. There is an exit load of 1% in case of redemptions within 90 days of purchase. The fund is suitable for investors seeking long-term capital appreciation while investing in ESG themed sustainable businesses.


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