Chennai: Aditya Birla Sun Life AMC Limited has launched the Aditya Birla Sun Life Multi-Cap Fund, an open ended equity scheme investing across large cap, mid cap and small cap stocks.
The NFO is open till 3 May. The multi-cap category is mandated to invest at least 25 per cent in each of the three market cap segments of large, mid and small caps, according to a statement.
A Balasubramanian, managing director and CEO, said, “Large-caps are proven quality compounders and must-haves for any portfolio but from a long term perspective, a healthy exposure to mid and small cap segment is proven to be growth enhancers and rewarding. Aditya Birla Sun Life Multi-Cap Fund combines the power of all three to offer a curated portfolio of high conviction stocks across the three market caps. The fact that one can invest in this through SIPs makes it a convenient way to participate in India’s long term growth story”.