Edelweiss MF introduces Nifty 1D Rate Liquid ETF
Edelweiss Mutual Fund has launched Edelweiss Nifty 1D Rate Liquid ETF - Growth, an open-ended exchange traded scheme replicating/tracking the Nifty 1D Rate Index with relatively low interest rate risk and relatively low credit risk. The NFO opens for subscription on September 30, 2025 and closes on October 3, 2025. The Entry Load is not applicable and the Exit load is nil for the scheme. The minimum subscription amount is Rs 5,005 and in multiples of Re. 1 thereafter.
The performance of the Scheme will be benchmarked with Nifty 1D Rate Index and its fund managers are Hetul Raval and Pranavi Kulkarni.
The investment objective of the Scheme is to generate returns, before expenses, that are in line with the performance of the Nifty 1D Rate Index, subject to tracking errors.
