02-10-2023 03:21 PM | Source: Accord Fintech
Edelweiss AMC announces temporary suspension of acceptance of transaction in designated schemes
News By Tags | #1375 #392

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Edelweiss Asset Management (AMC) has addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) of schemes of Edelweiss Mutual Fund,

 

Edelweiss Mutual Fund (MF) informed about the revocation of the temporary suspension of certain transactions in few schemes of Edelweiss Mutual Fund pursuant to SEBI letter dated SEBI/HO/OW/IMD-II/DOF3/25095/2022 dated June 17, 2022 which clarified that mutual funds can resume subscriptions and make investments in overseas fund / securities up to head room available without breaching the overseas investment limits as of February 1, 2022 at mutual fund level. Investors are now requested to note that following schemes are now reaching closer to the head room available for overseas investment limit as set on February 1, 2022 at the mutual fund level and hence it is decided to temporarily suspend the transactions with effect from February 10, 2023, post cut-off timings (Effective Date). Edelweiss ASEAN Equity Off-shore Fund; Edelweiss Greater China Equity Off-shore Fund; Edelweiss US Technology Equity Fund of Fund; Edelweiss Emerging Markets Opportunities Equity Offshore Fund; Edelweiss Europe Dynamic Equity Offshore Fund; Edelweiss US Value Equity Off-shore Fund; Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund. More details enclosed in the AMC website. 

 

This Notice-cum-Addendum forms an integral part of SID/KIM and SAI. Further, all the other terms and conditions of the aforesaid documents read with the addenda issued from time to time will remain unchanged.