ICICI Prudential MF and Aditya Birla Sun Life MF introduced PSU bond funds, know special things

Asset Management Companies (AMCs) ICICI Prudential Mutual Fund (ICICI Prudential MF) and Aditya Birla Sun Life AMC (Aditya Birla Sun Life MF) have launched New Fund Offers (NFOs) for PSU bond index schemes . ICICI Prudential Mutual Fund has launched PSU Bond Plus SDL 2027 40:60 Index Fund. Whereas Aditya Birla Sunlife Mutual Fund launched Nifty SDL Plus PSU Bond Sep 2026 60:40 Index Fund. PSU means that the bonds of government companies will be invested in it. Whereas SDL stands for State Development Loan.

As per the name, the scheme of ICICI Prudential MF will track Nifty PSU Bond plus SDL Bond September 2027 40:60 index. Whereas Aditya Birla MF Nifty SDL Plus PSU Bond will track the September 2026 60:40 Index.

 

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