Aditya Birla Sun Life MF has collected Rs.1900 crore from the NFO of Aditya Birla Sun Life Multi Cap Fund.
The fund house has received over 88000 applications.
In a press release, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC, said, “Despite the logistical challenges posed by the pandemic, we have attracted over 88000 applications covering more than 9600 pin codes across T30 and B30 markets. What is also noteworthy is the contribution coming from diversified channels across the board exhibiting our distribution strength as a fund house. Our technology strength has come in handy to beat the logistical constraints. We thank all our partners in making this a successful launch.”
The fund will invest at least 25% in each of the three market cap segments of large, mid and small caps.