Description

Aditya Birla Sun Life Mutual Fund announces scheme merger on BSE StAR MF Platform, consolidating four plans of the AAA NBFC-HFC Index Dec 2025 Fund into the Financial Services 9-12 Months Debt Index Fund.

Summary

BSE has notified the merger of Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index December 2025 Fund into Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund on the BSE StAR MF Platform. The merger involves four plan variants (Regular and Direct plans with Growth and IDCW Payout options) being consolidated into corresponding plans of the transferee scheme.

Key Points

  • Four plans of Aditya Birla Sun Life CRISIL-IBX AAA NBFC-HFC Index Dec 2025 Fund are being merged
  • Transferee scheme is Aditya Birla Sun Life CRISIL-IBX Financial Services 9-12 Months Debt Index Fund
  • Both Regular and Direct plans affected, including Growth and IDCW Payout options
  • ISIN codes mapped for seamless transition between transferor and transferee schemes
  • Merger executed on BSE StAR MF Platform

Regulatory Changes

No new regulatory changes introduced. This is a scheme consolidation activity under existing mutual fund merger regulations.

Compliance Requirements

  • BSE StAR MF Platform to update scheme mappings reflecting the merger
  • Fund house to ensure proper communication to existing unit holders
  • ISIN transitions to be processed: INF209KC1274→INF209KC1514, INF209KC1258→INF209KC1498, INF209KC1282→INF209KC1522, INF209KC1266→INF209KC1506
  • Platform participants to update their systems with new scheme ISINs

Important Dates

Circular Date: December 4, 2025

Specific merger effective date not mentioned in the circular content provided.

Impact Assessment

Investor Impact: Existing investors in the CRISIL-IBX AAA NBFC-HFC Index Dec 2025 Fund will see their holdings transferred to the CRISIL-IBX Financial Services 9-12 Months Debt Index Fund. Investment strategy and risk profile may change based on the transferee scheme’s mandate.

Operational Impact: BSE StAR MF Platform and participating intermediaries need to update their systems to reflect the new ISIN mappings and scheme names. Transaction processing for the transferor scheme will cease post-merger.

Market Impact: Limited broader market impact as this is a scheme-specific consolidation activity affecting only specific mutual fund investors on the BSE platform.

Impact Justification

Scheme merger affects existing investors in the transferor fund but is a routine consolidation activity. Impact limited to specific mutual fund scheme holders on BSE platform.