Contents
Key details of the Aditya Birla Sun Life BSE Total Market Index Fund NFO
| Fund house | Aditya Birla Sun Life Mutual Fund |
|---|---|
| Category (AMFI) | Index Funds - Equity Funds |
| Scheme type | Open Ended |
| NFO opens | 30 September 2026 |
| NFO closes | 14 October 2026 |
| After the NFO | Reopens for purchase and redemption within 5 business days of allotment. |
| Offer price | ₹10 a unit |
| Minimum investment | ₹500 |
| Exit load | Nil |
| Benchmark | BSE Total Market TRI |
| Fund managers | Mehul Dama and Priya Sridhar |
| Maximum expense ratio | Up to 0.90% a year, before taxes and levies |
| Scheme information document | Read on AMFI (PDF) |
What Aditya Birla Sun Life BSE Total Market Index Fund will invest in
The scheme information document states the objective as: “The investment objective of the Scheme is to replicate BSE Total Market Index with an aim to provide returns before expenses that track the total return of BSE Total Market Index, subject to tracking errors.”
How it compares with existing BSE Total Market index funds and ETFs
- No other fund on AMFI's NAV list tracks the BSE Total Market yet, so there is no record of how a fund on this index has done after costs.
What to check before investing in this NFO
- The ₹10 price is not a discount. Units start at ₹10 only to set the unit count. Returns depend on how the fund's investments move, in percentage terms, exactly as for an existing fund.
- Cost and tracking error decide the difference. With no other fund on this index, check how the index itself has behaved and how it differs from broader indices you may already hold.
- Overlap with what you already own. If you already hold a fund on the same or a broader index, a new one may add little: the underlying shares can be largely the same.
- Direct plan and costs. The direct plan pays no distributor commission, so its expense ratio is lower than the regular plan’s. Over many years the difference compounds.
After the NFO closes
Units are allotted after the offer closes. The fund then publishes a daily NAV and reopens for regular purchases, SIPs and redemptions. Reopens for purchase and redemption within 5 business days of allotment.
Once a fund has a record, Genvest Research shows its returns against its benchmark, volatility and drawdowns.
Questions people ask
The NFO closed on 14 October 2026. After it reopens, you can invest at the daily NAV like any other open-ended fund.
The minimum is ₹500 during the NFO, according to AMFI's listing. Units are offered at ₹10 each.
No. The ₹10 starting price only sets the unit count. What you earn depends on the percentage change in the fund's investments, which is the same whether a unit costs ₹10 or ₹500.
No exit load is listed for this scheme.
The scheme information document names BSE Total Market TRI as the benchmark.
The scheme information document names Mehul Dama and Priya Sridhar as the fund managers.
That depends on what you already own and why you would add this fund. A new fund has no record of its own, so compare it with existing BSE Total Market index funds and ETFs: their costs, their returns over several years and how much they overlap with funds you hold. This page explains the facts; it is not a recommendation.
Other NFOs open now
| Fund | Type | Closes | Minimum | Existing funds |
|---|---|---|---|---|
| Axis Nifty EV & New Age Automotive Index FundAxis | Index fund · Nifty EV & New Age Automotive | 30 OctCloses tomorrow | ₹100 | 2 on the same index |
| Carnelian Small Cap FundCarnelian | Small cap | 30 OctCloses tomorrow | ₹500 | 36 in the category |
| ICICI Prudential BSE Power ETFICICI Prudential | ETF · BSE Power | 30 OctCloses tomorrow | ₹1,000 | 1 on the same index |
| Samco Equity Savings FundSamco | Equity savings | 2 NovCloses in 4 days | ₹5,000 | 22 in the category |
| UTI Financial Services Debt FundUTI | Sectoral debt | 2 NovCloses in 4 days | ₹500 | 2 in the category |
| Choice Large & Mid Cap FundChoice | Large & mid cap | 3 NovCloses in 5 days | ₹1,000 | 36 in the category |
| Motilal Oswal Multi Asset Omni Fund of FundsMotilal Oswal | Fund of funds | 4 NovCloses in 6 days | ₹500 | – |
| Navi Multi Asset Omni FoFNavi | Fund of funds | 4 NovCloses in 6 days | ₹100 | – |
Sources
- AMFI new fund offer list.
- Aditya Birla Sun Life BSE Total Market Index Fund scheme information document.
- AMFI daily NAVs to 12 Oct, for existing funds.
This page is educational research based on AMFI data and scheme information documents. It is not a recommendation to invest in any scheme, or personalised investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past performance of other funds does not indicate how a new fund will perform. Registration granted by SEBI, enlistment with IAASB and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.