MFIs/MFDs/RIAs/RFDs are hereby informed that we have received communication from ADITYA BIRLA SUN LIFE Mutual Fund regarding suspension of Inflows/subscription (Fresh/Additional Purchase, SIP, Switch-In & STP In) under below schemes on BSE StAR MF Platform with effect from April 01, 2024.
- Aditya Birla Sun Life NASDAQ 100 FOF
- Aditya Birla Sun Life US Treasury 1–3-year Bond ETFs Fund of Funds
- Aditya Birla Sun Life US Treasury 3–10-year Bond ETFs Fund of Funds
Further, as intimated by ADITYA BIRLA SUN LIFE AMC, fresh Subscriptions, Switch-in, SIP, STP In applications received post cut-off timing of March 28, 2024, shall not be accepted.
As confirm by ADITYA BIRLA SUN LIFE AMC, the existing Systematic Investment Plan (SIPs) registered on BSE StAR MF Platform in above schemes will not get continue to process at AMC/RTA end. Hence the funds debited from client bank account for SIP due on or after April 01, 2024, shall be refunded to the investor.
Also, as per ADITYA BIRLA SUN LIFE AMC confirmation, existing Systematic Investment Plan (SIP) & Systematic Transfer Plan (STP) in above schemes shall be terminated/cancelled with immediate effect.
The notice cum addendum issued by ADITYA BIRLA SUN LIFE AMC is attached.
Members can reach us through our Mutual fund Helpdesk numbers on 022-45720450 and 022-45720650 on business day between 8:00am to 7:00pm. You can also raise your queries on our CRS portal: - https://bsecrs.bseindia.com
Ketan Jantre Zeeta Eustace
Chief General Manager – Mutual Funds Dy. General Manager – Mutual Funds |