2026-05-04 03:24:54 pm | Source: Accord Fintech
Edelweiss MF introduces Nifty Next 50 ETF
Edelweiss Mutual Fund has launched Edelweiss Nifty Next 50 ETF, an open-ended exchange traded scheme replicating/tracking Nifty Next 50 Total Return Index. The NFO opens for subscription on May 4, 2026 and closes on May 14, 2026. The Entry Load and 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 Nifty Next 50 Total Return Index 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 Nifty Next 50 Total Return Index, subject to tracking errors.
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