Bengaluru, 29th September 2026: 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.
About Aditya Birla Sun Life AMC Limited
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. ABSLAMC also operates multiple alternate strategies including Portfolio Management Services, Real Estate Investments and Alternative Investment Funds. ABSLAMC is one of the leading asset managers in India, servicing around 11.1 million investor folios with a pan India presence across 310+ locations and overall, AUM of Rs. 6,279 billion for the quarter ending June 30, 2026, under its suite of Mutual Fund (excluding domestic FoFs), Portfolio Management Services, Alternative Investment Funds, Offshore and Real Estate offerings.
About Aditya Birla Capital Limited
Aditya Birla Capital Limited (“ABCL”) is a listed systemically important non-deposit taking Non-Banking Financial Company (NBFC) and the holding company of the financial services businesses. ABCL and its subsidiaries/JVs provides a comprehensive suite of financial solutions across Loans, Investments, Insurance, and Payments to serve the diverse needs of customers across their lifecycles. Powered by over 66,500 employees, the businesses of ABCL have a nationwide reach with over 1,759 branches and more than 200,000 agents/channel partners along with several bank partners.
ABCL and its subsidiaries/JVs manage aggregate assets under management of about Rs. 7.53 Lakh Crore, and the consolidated lending book crossed Rs 2.19 Lakh Crore as of June 30, 2026.
Aditya Birla Capital Limited is a part of the US$ 67 billion global conglomerate Aditya Birla Group, which is in the league of Fortune 500 and has a consolidated market cap of over US$117 billion, as of Jan 1, 2026. Anchored by an extraordinary force of over 227,500 employees, the Group is built on a strong foundation of stakeholder value creation. With over seven decades of responsible business practices, the Group’s businesses have grown into global powerhouses in a wide range of sectors – from metals to cement, fashion to financial services and textiles to trading. Today, over 40% of the Group revenues flow from overseas operations that span 41 countries across six continents with over 340 state-of-the-art manufacturing units. For more information, visit www.adityabirlacapital.com
About Sun Life
Sun Life is a leading international financial services organization providing asset management, wealth, insurance and health solutions to individual and institutional Clients. Sun Life has operations in a number of markets worldwide, including Canada, the U.S., the United Kingdom, Ireland, Hong Kong, the Philippines, Japan, Indonesia, India, China, Australia, Singapore, Vietnam, Malaysia and Bermuda. As of June 30, 2026, Sun Life had total assets under management of $1.70 trillion. For more information, please visit www.sunlife.com. Sun Life Financial Inc. trades on the Toronto (TSX), New York (NYSE) and Philippine (PSE) stock exchanges under the ticker symbol SLF.
