Description

Aditya Birla Sun Life Mutual Fund announces name change for two US Treasury ETF Fund of Funds schemes effective December 29, 2025, following SEBI's framework for FOF schemes with multiple underlying funds.

Summary

Aditya Birla Sun Life AMC Limited has announced changes to the names of two US Treasury ETF Fund of Funds schemes, effective December 29, 2025. The changes are made in compliance with SEBI’s Framework for launching Fund of Fund (FOF) schemes with multiple underlying funds. The schemes will be renamed from “Bond ETFs Fund of Funds” to “Bonds ETFs Passive FOF” format. All other features and terms & conditions remain unchanged.

Key Points

  • Two US Treasury ETF Fund of Funds schemes are being renamed
  • Aditya Birla Sun Life US Treasury 1-3 Year Bond ETFs Fund of Funds → Aditya Birla Sun Life US Treasury 1-3 Year Bonds ETFs Passive FOF
  • Aditya Birla Sun Life US Treasury 3-10 Year Bond ETFs Fund of Funds → Aditya Birla Sun Life US Treasury 3-10 Year Bonds ETFs Passive FOF
  • Changes comply with SEBI Letter no. SEBI/HO/IMD/IMD-RAC-1/P/OW/2025/4102/1 dated February 6, 2025
  • All scheme features, investment strategy, and terms & conditions remain unchanged
  • Only nomenclature is being modified

Regulatory Changes

The name changes are made in accordance with SEBI’s Framework for launching Fund of Fund (FOF) schemes with multiple underlying funds, as outlined in:

  • SEBI Letter no. SEBI/HO/IMD/IMD-RAC-1/P/OW/2025/4102/1 dated February 6, 2025
  • Revised Framework dated June 30, 2025

The new naming convention adds “Passive FOF” designation to clearly identify these as passive fund of funds schemes.

Compliance Requirements

  • Scheme Information Document (SID) and Key Information Memorandum (KIM) will be updated to reflect the revised scheme names
  • This Notice-cum-Addendum (Addendum No. 55/2025) forms an integral part of SID and KIM
  • No action required from existing investors as this is an administrative change
  • Investment Manager: Aditya Birla Sun Life AMC Limited (CIN: L65991MH1994PLC080811)

Important Dates

  • December 24, 2025: Notice issued
  • December 29, 2025: Effective date for scheme name changes
  • February 6, 2025: Original SEBI framework letter date
  • June 30, 2025: Revised SEBI framework date

Impact Assessment

Investor Impact: Minimal. This is purely an administrative name change with no impact on:

  • Investment objectives
  • Asset allocation
  • Fund management
  • Expense ratios
  • Investor holdings or returns
  • Scheme features or terms & conditions

Market Impact: None. The change affects only the nomenclature of two specific mutual fund schemes.

Operational Impact: Administrative updates required to SID, KIM, and platform listings. The change ensures compliance with SEBI’s standardized naming framework for passive FOF schemes investing in multiple underlying funds.

Impact Justification

Administrative name change for mutual fund schemes with no impact on scheme features, investment strategy, or investor holdings. Only affects nomenclature to comply with SEBI framework.