Investment Objective
The investment objective of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty500 Multicap Momentum Quality 50 Index Fund, subject to tracking errors. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.
| Fund Overview | |
|---|---|
| Exit Load | 0.1%, if redeemed within 30 days. |
| Min. SIP Amount | ₹ 100 |
| Min. LumpSum Amount | ₹ 500 |
| Launch Date | 11th Oct 2024 |
| End Date | 25th Oct 2024 |
| Allotment Date | 4th Nov 2024 |
| NAV | ₹10.00 |
| Stamp Duty | 0.005% |
| Lock in | Nil |
| Scheme Benchmark | Nifty500 Multicap Momentum Quality 50 TRI |
| Risk | Very High |
| Scheme Category | Other / Index Fund |
| Fund Manager | Bhavesh Jain |
| AMCs Details | |
|---|---|
| AMC Name | Edelweiss Asset Management Ltd. |
| RTA | KFin Technologies Ltd. |
| Total AUM | ₹ 1,04,315 Cr |
| Total Scheme | 49 |
How to apply for this NFO?
To apply for this New Fund Offer (NFO), download the Dhan App today!
About Edelweiss Mutual Fund.
Edelweiss launched its asset management business in 2007, initially focusing on real estate funds. Over time, it expanded to offer Equity, Debt, Hybrid Funds. Key acquisitions include Anagram Capital in 2010, Forefront Capital in 2014 (India’s first hedge fund), and JP Morgan Asset Management India’s portfolio in 2017. Notable milestones include introducing the MSCI India Index in 2019 and launching India’s first Target Maturity Index Fund in 2021.
Led by MD & CEO Radhika Gupta, Edelweiss Mutual Fund’s investment team has over 300 years of experience.
You can explore more Mutual Funds offered by Edelweiss Mutual Funds here
Happy Investing,
Saurav Parui