NFO Alert: Aditya Birla Sun Life Mutual Fund Launches ABSL BSE Total Market Index Fund

Aditya Birla Sun Life Mutual Fund has opened the new fund offer of the ABSL BSE Total Market Index Fund on September 30, 2026. The NFO will close on October 14, 2026. 

The scheme is an open-ended equity fund. It has been classified under the Equity: Flexi Cap category, with a minimum investment requirement of ₹500. 

Investment Objective 

The scheme will replicate the BSE Total Market Index. Its objective is to generate returns, before expenses, that track the total return of the index, subject to tracking errors. 

The benchmark assigned to the fund is the BSE Total Market TRI. The difference between the scheme's returns and those of the index may be affected by tracking errors and expenses. 

Fund Managers 

Mehul Dama and Priya Sridhar have been named as the fund managers. The scheme will be available under the Growth plan. 

The fund does not have a lock-in period. Its exit load is also listed as zero, meaning no exit load has been specified for investors redeeming their holdings. 

Risk Classification 

The scheme has been assigned a Very High riskometer rating. It is an equity-oriented fund and its investment objective is linked to the performance of the BSE Total Market Index. 

The NFO will be available for 15 days, beginning September 30 and ending October 14, 2026. The minimum investment during the offer period is ₹500. 

Scheme Details 

The fund's structure is based on tracking the BSE Total Market Index rather than following a separate investment theme or stated allocation strategy. 

The scheme is open-ended, which means it does not have a fixed maturity date. The Growth plan is the available plan mentioned in the fund details, while the lock-in period and exit load are both stated as nil. 

Read More: NFO Alert: ICICI Prudential Mutual Fund Launches ICICI Prudential Contra Fund! 

Conclusion 

The ABSL BSE Total Market Index Fund will track the BSE Total Market Index, subject to tracking errors. Its NFO runs from September 30 to October 14, 2026, with a minimum investment of ₹500 and a Very High riskometer rating. 

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.  

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