ABSL MF launches Multi Asset Allocation Fund

Aditya Birla Sun Life Mutual Fund has launched its multi asset allocation fund, an open-ended scheme investing in equity, debt and commodities.

The fund aims to diversify its investments across a variety of asset classes to balance risk and reward.

In a press release, A. Balasubramanian, MD & CEO, Aditya Birla Sun Life MF said, “The Aditya Birla Sun Life Multi Asset Allocation Fund gives investors access to a well-diversified offering across asset classes. 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.”