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Aditya Birla Sun Life AMC has launched Aditya Birla Sun Life BSE India Infrastructure Index Fund, an open-ended index fund tracking the BSE India Infrastructure Total Return Index.
In a press release , A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC said, "India's infrastructure sector presents a transformative opportunity for investors to align with India's growth story. With the government’s strong focus and commitment to infrastructure, coupled with favorable demographics and rising domestic consumption, the sector is poised to be a critical driver of India’s economic growth. As we advance towards the Amrit Kaal 2047 vision, sectors like energy, construction & engineering, transportation and utilities will play pivotal roles in shaping India’s journey to becoming a developed economy. Also, the BSE India Infrastructure Index has a wider representation of stocks/sub-sectors within the infra space.”
The underlying index constitutes 25 companies across energy, power, aviation, steel, contribution and other sectors.
