Fri Jan 27 11:00:00 IST 2023

Edelweiss Mutual Fund launches Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund

NFO period: 27th January - 10th February, 2023

Highlights of the NFO:

  • Scheme type - An open-ended debt Index Fund investing in the constituents of CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index. A relatively high interest rate risk and relatively low credit risk

  • Investment objective - The investment objective of the scheme is to replicate CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index by investing in a diversified portfolio of Indian Government Bonds and SDLs, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized, and the scheme does not assure or guarantee any returns.

  • Product suitability - The product is suitable for investors who are seeking income over long term. An open-ended debt Index Fund that seeks to track the returns provided by CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index, subject to tracking errors.

  • Minimum Application Amount - First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. IDCW Option shall have Reinvestment, Payout & Transfer Facility.

  • Fund Managers - Mr. Dhawal Dalal and Mr. Rahul Dedhia

  • Benchmark - CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)