14-02-2024 12:22 PM | Source: Accord Fintech
Edelweiss AMC announces change in exit load structure

Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel

Edelweiss Asset Management Company(AMC) has announced notice cum addendum to the Statement Of Additional Information (SAI), Scheme Information Documents (SID) and Key Information Memorandum (KIM) of schemes of Edelweiss Asset Mutual Fund.

 

Edelweiss MF informed that exit load structure of Edelweiss Nifty MidCap 150 Momentum 50 Index Fund has been changed from existing ‘Nil’ status to ‘exit load of 0.50%-If the units are redeemed / switched out on or before 30 days from the date of allotment ; and Nil if the units are redeemed / switched out after 30 days from the date of allotment’, with effect from February 15, 2024.

 

This addendum forms an integral part of the Scheme Information Document(s)/ Key Information Memorandum(s) of the Scheme(s), as applicable, of the Fund as amended from time to time. All other features and terms and condition as mentioned in the SID & KIM will remain unchanged.