Edelweiss Mutual Fund introduces NIFTY PSU Bond Plus SDL Index Fund 2026
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Edelweiss Mutual Fund (MF) has launched the Edelweiss NIFTY PSU Bond Plus SDL Index Fund 2026, an open-ended target maturity Index Fund predominantly investing in the constituents of Nifty PSU Bond Plus SDL Apr 2026 50:50 Index. The NFO opens for subscription on March 10, 2021, and closes on March 16, 2021. The Entry load is not applicable for the scheme. Exit load will be 0.15% upto 30 days and nil thereafter. The minimum subscription amount is Rs 5000 and in multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked to the performance of Nifty PSU Bond Plus SDL Apr 2026 50:50 Index and Dhawal Dalal and Gautam Kaul are the Fund Managers of the Scheme.
The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Apr 2026 50:50 Index by investing in AAA rated PSU Bonds and SDLs, maturing on or before April 2026, subject to tracking errors.
