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Home >> Blog >> Aditya Birla Sun Life Crisil Broad Based Gilt ETF: Date & NAV

Aditya Birla Sun Life Crisil Broad Based Gilt ETF: Date & NAV

  


Introduction

With 78.9 lakh client accounts, Aditya Birla Sun Life Mutual Fund (ABSLMF) is one of the biggest mutual fund firms in India. Following a joint venture between Aditya Birla Capital Limited and Sun Life AMC Investments, a financial services corporation with headquarters in Canada, the company was founded. Aditya Birla Sun Life AMC Limited (ABSLAMC), its investment manager, was established in 1994. In addition, ABSLAMC is involved in real estate investments, alternative investment funds (AIFs), and portfolio management services.

The company's AUM was Rs 3,11,994.73 crores by March 31, 2024, or 5.84% of the AUM for the industry. So, this time, we've devised the business concept of the 'Aditya Birla Sun Life Broad Based Gilt ETF'.

This article will describe what is included in the fund program and how it works.

 

Everything You Need to Know About Aditya Birla Sun Life Broad Based Gilt ETF - NFO

Aditya Birla Sun Life Broad Based Gilt ETF is an open-ended Debt ETF that tracks the CRISIL Broad-Based Gilt Index. The scheme has a comparatively low credit risk and a comparatively high interest rate risk.

The lowest investment required to join is Rs.1000 for investors. The scheme is suitable for such investors who are seeking income from exposure to gilt securities with a range of maturities and an open-ended debt ETF that aims to replicate the CRISIL Broad-Based Gilt Index. The scheme has a no Exit Load. This scheme is brand new and has no prior track record of performance.

To learn about the fund's asset allocation, and other financial characteristics that influence decision-making, carefully read this blog.

 

 

Aditya Birla Sun Life Broad Based Gilt ETF - NFO Overview

The investment period for the Scheme is set for June 27, 2024, to July 1, 2024. The scheme is a moderate-risk scheme. There is no assurance that the scheme's investment goal will be met. The scheme will invest in securities included in the CRISIL Broad Based Gilt Index, Treasury Bills (T-Bills), Repos/reverse repos in Government Securities, and Triparty Repo (TREPS).

 

Fund Overview

Start Date

27 June 2024

End Date

01 July 2024

VRO rating

-

Expense ratio

0.2%

Exit load

Nil

AUM (Fund size)

NA

Lock-in

No Lockin

Stamp Duty

0.005% (From July 1st 2020)

Benchmark 

CRISIL Broad Based Gilt Index

Min. Investment

Rs.1000

Risk

Moderate

Short-term capital gains (STCG)

For less than 3 years, as per Tax Slab

Long-term capital gains (LTCG)

For more than 3 years, 20% is applicable.

 

The Objective of the Fund

The Scheme intends to produce returns yield returns that, subject to tracking mistakes, equal the total returns of the securities as indicated by the CRISIL Broad Based Gilt Index before expenses. Nevertheless, there can be no assurance or guarantee that the scheme's investment goals will be met.

Asset allocation (% of Net Assets) of the Scheme's portfolio will be as follows:

Types of Instruments

Minimum Allocation (% of Net Assets)

Maximum Allocation (% of Net Assets)

Instruments included in the Broad-Based Gilt Index of CRISIL

95

100

Cash and its equivalents, T-Bills

0

5

 

 

Peers of Aditya Birla Sun Life Broad Based Gilt ETF 

Index / Debt Funds

1Y Return

AUM (Cr)

SBI Magnum Gilt Fund-Growth

7.76%

8,756.76

ICICI Prudential Gilt Fund-Growth

7.73%

6,289.29

Edelweiss Government Securities Fund Regular-Growth

8.22%

147.89

UTI Gilt Fund Regular Plan-Growth

7.46%

621.38

 

Risk Factors in Such Funds

  • Conditions present in the securities market, including but not limited to securities' circuit filters, liquidity, and price volatility, may prevent the scheme from buying or selling the desired quantity of securities.

  • Through depositories, the Scheme's units will be issued in dematerialized form on a mandatory basis. Regarding the number of Units available to the credit of Unitholders, the depository's records are conclusive. Trade settlement and the mutual fund's repurchase of units are contingent upon receiving confirmations from the depository or depository(ies), over which the mutual fund has no influence.

  • The scheme's units may trade either above or below their NAV, or face value. The scheme's NAV will fluctuate in response to shifts in the market value of the scheme's assets.

  • According to the Scheme Information Document, the plan would invest in a variety of securities, each with a particular amount and kind of risk. As a result, the risk of the plan may rise or fall based on how it is invested; for example, corporate bonds are riskier than government assets.

 

Past Performance of Index / Debt Funds

Index / Debt Funds

NAV (Rs)

Annualized Return (1Y)

Return/Risk

Navi Nifty Bank Index Fund - Direct Plan-Growth

13.48

18.86%

Very High Risk

Motilal Oswal S&P 500 Index Fund - Direct Plan-Growth

20.91

27.92%

Very High Risk

Invesco India Nifty G-Sec Sep 2032 Index Fund - Direct Plan-Growth

1107.65

7.58%

Moderate Risk

 

 

Aditya Birla Sun Life Broad Based Gilt ETF NFO - Who can invest?

This fund is ideal for you if you are looking for income from exposure to gilt securities with a range of maturities and an open-ended debt ETF that aims to replicate the CRISIL Broad-Based Gilt Index.

Aditya Birla Sun Life Broad Based Gilt ETF NFO - Growth Fund Managers

  • Kaustubh Gupta

  • Harshil Suvarnkar

  • Vighnesh Gupta

Conclusion

The scheme comes under a moderate risk category and it plans to invest in securities included in the CRISIL Broad Based Gilt Index, Treasury Bills (T-Bills), Repos/reverse repos in Government Securities, and Triparty Repo (TREPS). Always assess your Financial Goals, Risk tolerance, etc. before making an investment decision.

Disclaimer: This NFO analysis is provided solely for informative reasons and should not be construed as investment advice. Always conduct research and talk with a financial advisor before investing.



Frequently Asked Questions

+

The Aditya Birla Sun Life Broad Based Gilt ETF - NFO will open for business on June 27, 2024.

 

+

The end date of the Aditya Birla Sun Life Broad Based Gilt ETF  – NFO is 1 July 2024.

 

+

The Aditya Birla Sun Life Broad Based Gilt ETF - NFO's fund managers are Kaustubh Gupta, Harshil Suvarnkar, and Vighnesh Gupta.
 

 

+

The minimum investment for the Aditya Birla Sun Life Broad Based Gilt ETF  – NFO is Rs.1000.

 



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