Edelweiss MF introduces Multi Cap Fund
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Edelweiss Mutual Fund (MF) has launched Edelweiss Multi Cap Fund, an open-ended equity scheme investing across large cap, mid cap, small cap stocks. The NFO opens for subscription October 04, 2023 and closes on October 18, 2023. The Entry load is not applicable for the scheme. The Exit load is 1% of the appliable NAV- if the units are redeemed /switched out on or before 90 days from the date of allotment and nil- if the units are redeemed /switched out after 90 days from the date of allotment. The minimum subscription amount is Rs 5,000 and in multiples of Re 1 thereafter.
The performance of the scheme will be to benchmarked against NIFTY 500 Multicap 50:25:25 TRI and its fund managers are Trideep Bhattacharya, Sahil Shah and Amit Vora.
The Investment objective of the Scheme is to generate long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments across large cap, mid cap and small cap stocks.
