Birla MF’s multi-cap NFO garners ₹1,900 cr
The recently closed new fund offer of Aditya Birla Sun Life Multi-Cap Fund has managed to attract investment of 1,900 crore through over 88,000 applications.
The open ended equity scheme will be investing across large-, mid- and small-cap stocks. The NFO was open between April 19 and May 3 and reopened for subscription on May 10.
A Balasubramanian, Managing Director, Aditya Birla Sun Life AMC, said despite the logistical challenges posed by the pandemic, the NFO attracted applications covering over…
