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Edelweiss Mutual Fund has launched Edelweiss BSE Capital Markets & Insurance ETF, an open-ended exchange traded scheme replicating/tracking BSE Capital Markets & Insurance Total Return Index. The NFO opens for subscription on December 10, 2024 and closes on December 24, 2024. The Entry Load is not applicable and the Exit Load is nil for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.

The performance of the scheme will be benchmarked at BSE Capital Markets & Insurance TRI and its fund manager is Bhavesh Jain.

The investment objective of the scheme is to generate returns that are in line with the performance of the BSE Capital Markets & Insurance Total Return Index, subject to tracking errors.