The NFO is starting from 30th September 2026 to 14th October 2026, providing investors an opportunity to gain broad-based exposure to India’s equity market across market capitalisation and sectors

Bengaluru: Aditya Birla Sun Life AMC Limited (ABSLAMC) was incorporated in the year 1994. Aditya Birla Capital Limited and Sun Life (India) AMC Investments Inc. are the promoters and major shareholders of the Company. ABSLAMC is primarily the investment manager of Aditya Birla Sun Life Mutual Fund, a registered trust under the Indian Trusts Act, 1882. The asset manager has announced the launch of Aditya Birla Sun Life BSE Total Market Index Fund and Aditya Birla Sun Life BSE Total Market ETF, with the NFO starting from 30th September 2026 to 14th October 2026 offering investors a new way to participate in India’s equity market through a single, broad-based passive investment proposition.

The launch marks the introduction of the first total market index based on the BSE universe, expanding the range of passive investment solutions available to investors. The fund allows the investors to participate in the whole market rather than having to choose which part of the market to own. With the equity universe spanning multiple market-cap segments, sectors and investment styles, the offerings provide investors an opportunity to gain exposure to a wider cross-section of the market through a passive approach.

The two offerings will track the BSE Total Market Index, providing investors with exposure to approximately 93% of India’s total market capitalisation across large, mid, small and micro-cap segments. The index comprises stocks representing 98% of the market capitalisation of the BSE AllCap Index, subject to a minimum of 1,000 stocks with no upper cap on the number of constituents, thereby giving investors access to a broad universe of companies through a single investment proposition.

The BSE Total Market Index is designed to evolve with India’s equity market and is rebalanced semi-annually in June and December, with constituent weights determined based on free-float adjusted market capitalisation. It provides diversification across market segments, with 56% exposure to large caps, 20% to mid-caps, 10% to small caps and 7% to micro caps, while spanning 22 sectors including financial services, capital goods, healthcare, automobiles, oil & gas, information technology, FMCG, consumer services, metals & mining, telecommunications and power.

Commenting on the launch, A. Balasubramanian, Managing Director & CEO, Aditya Birla Sun Life AMC Ltd., said, “India’s equity market today offers investors a vast and evolving opportunity set, spanning companies across market capitalisations, sectors and stages of growth. However, this breadth can also make the investment decision more complex, as investors are often required to choose which segment, sector or investment style they believe will outperform. Our fund offerings based on BSE Total Market Index are built around a simple philosophy — why make the difficult decision to choose a slice when you can participate in getting the whole pie? We see this as an important addition to our passive offerings and a flagship proposition that reflects our core belief in making investing simpler, broader and more accessible.”

Explaining what investors can expect from the fund, Mr. Hemen Bhatia, Head – Passives, Aditya Birla Sun Life AMC Ltd., said, “The BSE Total Market Index is designed to provide systematic exposure to India’s total market capitalisation, spanning across large, mid, small and micro-cap segments. A distinctive feature of the index is its adaptive constituent framework. Unlike traditional indices that are restricted by a fixed number of stocks, the BSE Total Market Index is designed to expand alongside India’s evolving capital markets, enabling investors to participate in new growth opportunities as they emerge. Since there is no upper cap on the number of constituents, the index will endeavour to remain faithful to the word “Total.” Both the Index Fund and ETF will seek to replicate the BSE Total Market TRI, subject to tracking error, offering investors the flexibility to access this broad market exposure through either the mutual fund or exchange-traded route.”

Together, the two offerings represent a significant addition to ABSLAMC’s passive product suite, giving investors the flexibility to access broad-based market exposure through either the Index fund or exchange-traded route. With participation across market capitalisation and sectors, the offerings seek to simplify the way investors access India’s evolving equity market through a single, diversified passive solution.