MUTUAL FUNDS
Edelweiss MF introduces CRISIL IBX AAA Financial Services - Jan 2028 Index Fund
Nov-21-2024

Edelweiss Mutual Fund has launched Edelweiss CRISIL IBX AAA Financial Services - Jan 2028 Index Fund, an open-ended target maturity debt Index Fund predominantly investing in the constituents of CRISIL IBX AAA Financial Services - Jan 2028 Index with relatively high-interest rate risk and relatively low credit risk. The NFO opens for subscription on November 21, 2024 and closes on November 26, 2024. The Entry load is not applicable for the scheme. The Exit load will be 0.10% if redeemed within 3 months from the date of allotment and Nil - if redeemed after 3 months from the date of allotment. The minimum application amount is Rs 100/- and multiples of Re. 1/- thereafter.

The performance of the scheme will be benchmarked at CRISIL IBX AAA Financial Services - Jan 2028 index and its fund managers are Dhawal Dalal and Rahul Dedhia.

The investment objective of the scheme is to replicate CRISIL IBX AAA Financial Services - Jan 2028 Index by investing in AAA rated financial services corporate bond issuers maturing on or before January 2028, subject to tracking errors.


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