Birla SL Mutual fund launches a New Fund Offer (NFO) - Birla Sun Life Gold Fund, an open ended scheme.
Birla Sun Life Asset Management Company Ltd, one of the top 4 Asset Management Companies as per average Assets under Management (AAUM) has launched a New Fund Offer (NFO) - Birla Sun Life Gold Fund. This is an open-ended Fund of Fund scheme that invests in Birla Sun Life Gold ETF.
The investment objective of the scheme is to provide returns that tracks returns provided by Birla Sun Life Gold ETF
The NFO opens on March 01, 2012 and closes on March 15, 2012
Commenting on the launch, A. Balasubramanian, CEO, BSLAMC said,