Edelweiss MF introduces Nifty 50 Index Fund
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Edelweiss Mutual fund (MF) has launched the Edelweiss Nifty 50 Index Fund, an open-ended scheme replicating Nifty 50 Index. This Scheme Information Document is dated October 7, 2021. The Entry load and Exit load is not applicable for the scheme. The minimum subscription amount is 5,000 and in multiples of Re 1 thereafter.
The performance of the Scheme would be benchmarked against the Nifty 50 Total Return Index and its fund managers are Bhavesh Jain and Bharat Lahoti.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty 50 subject to tracking errors.
