Aditya Birla Sun Life Mutual Fund Announces Merging of its 2 Schemes

Aditya Birla Sun Life Mutual Fund (ABSLMF) has announced a merger of its Interval Income Fund – Quarterly Plan – Series I with the CRISIL-IBX Financial Services 3 to 6 Months Debt Index Fund, effective November 25, 2025. 

The merger aims to rationalise the fund house’s fixed-income schemes and optimise portfolio management across its short-duration debt category.

Merger Details and Investor Transition

Post-merger, the Interval Income Fund will cease to exist, and all its unitholders will automatically transition to the CRISIL-IBX Financial Services 3–6 Months Debt Index Fund. This change is expected to enhance fund liquidity and operational efficiency by consolidating assets under a broader, benchmark-driven index strategy.

According to ABSLMF, the move is part of a portfolio streamlining exercise designed to offer investors more transparent, predictable returns through a structured investment approach.

Exit Option for Unitholders

Unitholders who do not wish to continue with the merged scheme will be allowed to redeem or switch their investments without any exit load between October 27 and November 25, 2025. The mutual fund said this option ensures investor flexibility during the transition period, in compliance with SEBI regulations.

Read More: HDFC Mutual Fund: Resumes Full Subscriptions in Silver ETF FoF!

Conclusion

The merger underscores Aditya Birla Sun Life Mutual Fund’s broader strategy to simplify its product suite and align its offerings with evolving investor preferences in the debt market.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the Mutual Funds are subject to market risks, read all the related documents carefully before investing.