Aditya Birla Sun Life Mutual Fund has launched the Aditya Birla Sun Life CRISIL-IBX Financial Services 9 to 12 Months Debt Index Fund. The open-ended index fund will track the CRISIL-IBX Financial Services 9 to 12 Months Debt Index.

The New Fund Offer (NFO) will be open for subscription till March 20, 2025.

The fund follows a constant maturity structure with a roll-down strategy from 9 to 12 months. It invests in low-duration securities such as Commercial Papers, Certificates of Deposit, and bonds.

The portfolio focuses on AAA-rated issuers in the financial services sector, aiming to minimise interest rate fluctuations.

The roll-down approach allows securities to be held for six months, potentially benefiting from favorable term premiums.

A Balasubramanian, Managing Director & CEO of Aditya Birla Sun Life AMC, highlighted the growing traction of short-duration debt index funds.

“Our 3 to 6 months debt index fund assets have reached nearly ₹3,700 crore as of March 15, 2025. With interest rates elevated, expectations of rate cuts could enhance returns,” he said.

The open-ended structure ensures liquidity and flexibility for investors. The fund seeks to provide a balance of safety, stability, and potential returns in a dynamic market, the fund house said.

About Aditya Birla Sun Life AMC

Aditya Birla Sun Life AMC (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and

Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company.

ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the

Indian Trusts Act, 1882.

ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds