August 9, 2022

Aditya Birla Sun Life Launches Special Opportunities Fund

Aditya Birla Sun Life Mutual fund is launching special opportunities fund. This fund would invest in opportunities that would come up due to special situations of the companies. Let us check the details of Aditya Birla Sun Life Special Opps fund new fund offer details.

Aditya Birla Sun Life Special Opportunities Fund NFO details

The fund aims to provide long term capital appreciation by investing in opportunities presented by special situations such as corporate restructuring, Government policy change and/or regulatory changes, companies going through temporary but unique challenges and other similar instances.

This fund would open its NFO on 5 October 2020 and closes on 19 October, 2020.

Since this is an open ended scheme, it would open for further subscription after a few days once the issue is closed.

This fund is classified as a thematic mutual fund.

One can invest in this fund with a minimum of Rs 500.

There is an exit load of 0.25% of investment value, if an investor exits from this fund before 3 months.

This scheme is benchmarked with S&P BSE 500 TRI.

This fund is available in growth and dividend option.

One can invest in direct plans or with regular plans (thru broker).

This scheme would be managed by two fund manager,  Anil Shah and Chanchal Kandelwal.  Anil Shah (who has an educational qualification of B.com, CA and Cost Accountant and has 15 years experience in this field). Chanchal Khandelwal (who has an educational qualification of B.com, and MBA and has 15 years experience in this field).

This fund is classified as HIGH risk fund as per scheme information document.

Aditya Birla Sun Life special opportunities fund basically invests in special situation or special events of a company. Such opportunities are low in the Indian corporate industry compared to non special event opportunities. In the medium to long term, investors would get benefited with long term equity mutual funds like large cap, multicap and balanced funds instead of these special situations mutual fund schemes.

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