Aditya Birla AMC Merges Two Index Funds into Corporate Bond Fund

Aditya Birla Sun Life Asset Management Company (AMC) has announced a significant consolidation within its mutual fund offerings. The company will merge two distinct index funds into a single, broader corporate bond fund, with the change becoming effective on Wednesday, September 30, 2026.

This strategic move received approval from both the Board of Directors of Aditya Birla Sun Life AMC, acting as the Investment Manager for Aditya Birla Sun Life Mutual Fund, and Aditya Birla Sun Life Trustee, the Trustees to Aditya Birla Sun Life Mutual Fund. The decision points towards a streamlining of the AMC’s investment product lineup.

Scheme Consolidation Details

The consolidation involves two specific index-based schemes. These funds are set to be absorbed into a more established offering, simplifying the portfolio structure for investors.

• Aditya Birla Sun Life Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund
• Aditya Birla Sun Life CRISIL-IBX AAA NBFC – HFC Index-Sep 2026 Fund

Both of these schemes will merge into the Aditya Birla Sun Life Corporate Bond Fund. This action reflects a clear intent to rationalize the fund house’s offerings and potentially enhance operational efficiency by combining similar mandates.

Implications and Official Documentation

The effective date for these mergers is set for September 30, 2026. This forward-looking timeline provides ample notice for all stakeholders involved in the affected schemes.

This announcement is formalized through a Notice-cum-Addendum. This document integrates with the existing Scheme Information Document (SID) and Key Information Memorandum (KIM) for the respective schemes, ensuring all regulatory and informational requirements are met.