MUTUAL FUNDS
Edelweiss Mutual Fund files offers document for Nifty Alpha Low Volatility 30 Index Fund
Apr-16-2024
Edelweiss Mutual Fund has filed offer document with SEBI to launch an open-ended scheme named ‘Edelweiss Nifty Alpha Low Volatility 30 Index Fund ‘. The offer rate is Rs 10 per unit. Entry load and Exit load will be nil. The Scheme offers Growth Option and Income Distribution Cum Capital Withdrawal Option for investment and minimum target subscription amount for the Scheme to be raised is Rs 5 Crores.


The performance of the scheme will be benchmarked against the Nifty Alpha Low Volatility 30 Index. The minimum application amount is Rs 100 and in multiples of Re. 1 thereafter.

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Alpha Low Volatility 30 Index.

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