Edelweiss MF introduces BHARAT Bond ETF - April 2033
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Edelweiss Mutual Fund (MF) has launched BHARAT Bond ETF - April 2033, an open-ended Target Maturity Exchange Traded Bond Fund investing in constituents of Nifty BHARAT Bond Index - April 2033 with relatively high interest rate risk and relatively low credit risk. The NFO opens for subscription on December 02, 2022 and closes on December 08, 2022. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is Rs 1,001 and in multiples of Rs 1 thereafter.
The performance of the Scheme will be benchmarked with Nifty BHARAT Bond Index – April 2033 and its fund managers are Dhawal Dalal and Rahul Dedhia.
The investment objective of the scheme is to track the Nifty BHARAT Bond Index – April 2033 by investing in bonds of AAA-rated CPSEs/CPSUs/CPFIs and other Government organizations, subject to tracking errors.
