April 7, 2022
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Blockchain fund from ABSLMF, filed SID with SEBI
Aditya Birla Sun Life Mutual Fund has also filed SID with SEBI for Blockchain and Virtual Digital Assets ETF FoF.
The open-ended FoF scheme will invest up to 95-100 per cent in units of ETFs focused on the global blockchain theme (including virtual digital assets such as crypto and NFTs). The minimum application amount during the new fund offer period will be Rs100 and in multiples of Rs1 thereafter. Investment avenues
The indicative list of ETFs in which Aditya Birla Sun Life Blockchain and Virtual Digital Assets ETFs FoF may invest include: Amplify Transformational Data Sharing ETF, Siren Nasdaq NexGen Economy ETF, First Trust Indxx Innovative Transaction & Process ETF, Bitwise Crypto Industry Innovators ETF,Global X Blockchain ETF, Invesco CoinShares Global Blockchain UCITS ETF, VanEck Digital Transformation ETF, First Trust SkyBridge Crypto Industry and Digital Economy ETF, ProShares Bitcoin Strategy ETF and Valkyrie Bitcoin Strategy ETF.
Benchmark Index : MSCI ACWI IMI Blockchain Economy Index would be the benchmark for the FoF,
Fund manager : Vinod Bhat
sahifund.com will soon update you about the further developments
Go for it…must apply NFO ..big risk but must REMEMBER BIG RETURN…