Aditya Birla Sun Life US Treasury 1-3 Year Bond ETFs Fund Of Funds: Key details you need to know

19 Oct 2023 , 10:01 AM

Aditya Birla Mutual Fund is launching NFO under its “FOF category”, named as Aditya Birla Sun Life US Treasury 1-3 Year Bond ETFs Fund Of Funds. The investment objective of the Scheme is to generate returns that are in line with the performance of units of ETFs focused on US Treasury Bonds having maturity between 1-3 Years. 

Investment strategy: In seeking to track the performance of the Bloomberg 1-3 Year U.S. Treasury Index (the “Index”), the Fund employs a sampling strategy, which means that the Fund is not required to purchase all of the securities represented in the Index.

Asset allocation: The scheme will invest in Units of ETFs focused on US Treasury Bonds having maturity between 1-3 Years and debt and money market instruments.

Who should invest?

Investors with very high risk appetite and want to invest for 3 years to diversify their portfolio in small cap companies should invest in ABSL US Treasury 1-3 Year Bond ETFs FOF. 

Risk associated: Very high level of risk.

Benchmark: Bloomberg US Treasury 1-3 Year Index.

Fund Managers: Mr. Dhaval Joshi.

The NFO is available for subscription from October 16 to October 30. The schemes will reopen for continuous sale and repurchase within five Business Days from the date of allotment. The fund offers systematic investment solutions like SIP and SWP to create a flexible investment plan. The minimum subscription amount is Rs 100/- and in multiples of any amount thereafter. 

It offers Regular Plan and Direct Plan. Each plan offers Growth and Income options. Click here to invest in ABSL US Treasury 1-3 Year Bond ETFs FOF.