Aditya Birla Sun Life Mutual Fund updates three schemes with new investment strategies

Aditya Birla Sun Life Mutual Fund will change the fundamental attributes of three schemes on March 3, 2025. The affected funds are the Digital India Fund, Banking and Services Fund, and Active Debt Multi Manager Fund, with adjustments in investment allocations and benchmarks. The Digital India Fund will now focus more on technology-related investments, while the Banking and Services Fund will maintain a strong emphasis on banking and financial services. The Active Debt Multi Manager Fund will be renamed and will adopt a new investment strategy. Existing unit holders will have a 30-day exit window from January 30 to February 28, 2025, to redeem or switch their investments without exit loads. After this period, any transactions will be subject to applicable exit loads.