MUTUAL FUNDS
Edelweiss MF introduces CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund
Sep-27-2022

Edelweiss Mutual Fund (MF) has launched Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund, an open-ended target maturity Index Fund investing in the constituents of CRISIL IBX 50:50 Gilt Plus SDL Index- April 2037 with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on September 27, 2022 and closes on October 06,022. The Entry load is not applicable for the scheme. The Exit Load will be 0.10% up to 30 days and nil after 30 days. The minimum subscription amount is Rs 5,000 and multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked to the performance of CRISIL IBX 50:50 Gilt Plus SDL Index - April 2037and its fund managers are Dhawal Dalal and Rahul Dedhia.

The investment objective of the scheme is to replicate CRISIL IBX 50:50 Gilt Plus SDL Index - April 2037 by investing in Indian Government Bonds and SDLs, maturing on or before April 29, 2037, subject to tracking errors. 


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