Aditya Birla Sun Life Mutual Fund announces merger of target maturity fund with corporate bond fund

Posted by on



Aditya Birla Sun Life is merging its target maturity fund with the corporate bond fund, effective April 30, 2025.
The corporate bond fund remains unchanged in name, objective, and structure.
Investors can consent to the merger or redeem units at maturity without action.
Merged units won’t trigger capital gains tax; NRIs face applicable tax on exit.

Comments

Post a Comment