Edelweiss MF introduces Low Duration Fund
Edelweiss Mutual Fund has launched Edelweiss Low Duration Fund, an open-ended low duration debt scheme investing in debt and money market instruments such that the Macaulay duration of the portfolio is between 6 - 12 months with relatively high interest rate risk and moderate credit risk. The NFO opens for subscription on March 11, 2025 and closes on March 18, 2025. No Entry Load is charged and the Exit Load is nil for the scheme. The minimum subscription amount is Rs. 100 and in multiples of Rs 1 thereafter.
The performance of the Scheme will be benchmarked against - CRISIL Low Duration Debt A-I Index and its fund managers are Pranavi Kulkarni and Rahul Dedhia.
The investment objective of the scheme is to generate income through investment primarily in low duration debt & money market securities.
