Description

Merger of Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index Dec 2025 Fund into Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund.

Summary

BSE has announced the merger of Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index Dec 2025 Fund (Transferor) into Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund (Transferee) on the BSE StAR MF Platform. The merger involves four plan variants: Regular Plan Growth, Direct Plan Growth, Regular Plan IDCW Payout, and Direct Plan IDCW Payout.

Key Points

  • Four scheme variants are being merged from the AAA NBFC-HFC Index Dec 2025 Fund to the Financial Services 9-12 Months Debt Index Fund
  • Both Regular and Direct plans affected, including Growth and IDCW Payout options
  • Merger involves debt index funds within the same fund house
  • ISINs mapped for seamless transition of investors

Scheme Mapping Details

Transferor to Transferee Mapping:

  1. Regular Plan - Growth: INF209KC1274 → INF209KC1514
  2. Direct Plan - Growth: INF209KC1258 → INF209KC1498
  3. Regular Plan - IDCW Payout: INF209KC1282 → INF209KC1522
  4. Direct Plan - IDCW Payout: INF209KC1266 → INF209KC1506

Regulatory Changes

No regulatory changes. This is a scheme rationalization by the asset management company.

Compliance Requirements

  • BSE StAR MF platform to update scheme details
  • Investors holding units in the transferor scheme will automatically receive units in the transferee scheme
  • Distributors and platforms to update their records with new ISINs

Important Dates

Specific effective date of merger not mentioned in the circular. Investors should refer to the scheme merger document for detailed timeline.

Impact Assessment

Impact on Investors: Existing unitholders of the AAA NBFC-HFC Index Dec 2025 Fund will be transferred to the Financial Services 9-12 Months Debt Index Fund. The merger consolidates similar debt index funds within the fund house.

Operational Impact: Low - routine scheme merger with automated transfer of holdings through ISIN mapping on BSE platform.

Impact Justification

Affects investors holding units in the transferor scheme but is a routine scheme merger with no broader market impact.