Description
BSE introduces daily SIP frequency for two Aditya Birla Sun Life index funds effective September 1, 2025.
Summary
BSE announces the introduction of daily SIP (Systematic Investment Plan) facility for two Aditya Birla Sun Life Mutual Fund schemes on the BSE StAR MF Platform, effective September 1, 2025. This expands investment frequency options for investors in these index funds.
Key Points
- Daily SIP frequency added to existing frequencies for two schemes
- Aditya Birla Sun Life BSE 500 Momentum 50 Index Fund included
- Aditya Birla Sun Life BSE 500 Quality 50 Index Fund included
- AMC reserves right to modify scheme list and features
- All other terms and conditions remain unchanged
Regulatory Changes
No regulatory changes - this is a platform enhancement adding investment frequency options.
Compliance Requirements
- AMC maintains right to restrict applicable schemes
- All existing SID/KIM terms and conditions continue to apply
- Standard mutual fund investment disclosures apply
Important Dates
- Effective Date: September 1, 2025 (Monday)
- Notice Date: August 29, 2025
Impact Assessment
Low impact enhancement providing additional investment flexibility for retail investors in these two index funds. Expands SIP frequency options without affecting existing fund operations or regulatory framework.
Impact Justification
Routine platform enhancement for mutual fund investment frequency options