Singapore-based Aditya Birla Sun Life Asset Management Company (ABSLAMC) has launched its India Dynamic Bond Fund (IDBF) for foreign investors.
IDBF is an open-ended fixed-income feeder fund, which will be available in US dollars. This fund will be investing nearly all of its assets in Birla Sun Life Dynamic Bond Fund (BSL DBF).
Go deeper with GlobalData
Access deeper industry intelligence
Experience unmatched clarity with a single platform that combines unique data, AI, and human expertise.
Birla Sun Life Dynamic Bond Fund has over US$2.7 billion of assets under management. The India Dynamic Bond Fund follows a feeder fund strategy. It gains from BSL DBF’s focus on active management of fixed income assets.
It also generates optimal returns with high liquidity through active management of the portfolio by investing in high quality debt and money market instruments.
A. Balasubramanian, CEO, ABSLAMC, said: "The Indian debt market’s ability to deliver good yield makes it an attractive investment destination for major global institutional and professional clients looking to invest in debt instruments, especially in the short – midterm horizon."
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
