Edelweiss MF introduces CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund
Edelweiss Mutual Fund has launched Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund, an open-ended Target Maturity Debt Index Fund predominantly investing in the constituents of CRISIL-IBX AAA NBFCHFC Index - Jun 2027 with moderate interest rate risk and relatively low credit risk. The NFO opens for subscription on February 10, 2025 and closes on February 17, 2025. The Entry Load is not applicable for the scheme. The Exit load will be 0.10% - 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. The minimum subscription amount is Rs 100 and multiples of Re 1 thereafter.
The performance of the scheme will be benchmarked against CRISIL-IBX AAA NBFC-HFC Index - Jun 2027 and its fund managers are Dhawal Dalal and Rahul Dedhia.
The investment objective of the scheme is to replicate CRISIL-IBX AAA NBFC-HFC Index - Jun 2027 by investing in AAA rated NBFC-HFC corporate bond issuers maturing on or before June 2027 before expenses, subject to tracking errors.
