Aditya Birla Sun Life AMC Limited has announced the launch of Multi Asset Allocation Fund, an open-ended scheme investing in equity, debt and commodities. The fund will focus on diversifying its investments across a variety of asset classes in an attempt to balance risk and reward by allocating optimal weights to the assets. The NFO will remain open from 11th January, 2023 to 25th January, 2023.
According to the press release, the equity portion of the portfolio will follow a flexi cap approach with a large cap bias and can invest across sectors / themes. The fixed income portfolio will largely use Accrual strategy. The fund house will maintain a 65-80% allocation to equity,10-25% to fixed income and a 10-25% allocation to commodities.
Commenting on the launch, Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, “The Aditya Birla Sun Life Multi Asset Allocation Fund gives investors access to a well-diversified offering across asset classes. It is an excellent investment option for both novice and seasoned investors, as it eliminates the stress of investing, tracking and maintaining multiple investment strategies. The fund attempts to invest in a diversified portfolio of high-quality debt and money market securities to generate income with relatively minimal credit risk.”
Click here to know more about the Aditya Birla Sun Life Multi Asset Allocation Fund
