Edelweiss Mutual Fund launches Edelweiss CRISIL IBX AAA Bond NBFC HFC Jun 2027 Index Fund
by
NEWS TEAM | on Feb 10, 2025
NFO period: 10th February - 17th February, 2025
Highlights of the NFO:
Scheme type - An open-ended Target Maturity Debt Index Fund predominantly investing in the constituents of CRISIL-IBX AAA NBFC-HFC Index - Jun 2027. A moderate interest rate risk and relatively low credit risk
Investment objective - 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. There is no assurance that the investment objective of the scheme will be achieved.
Product suitability - This product is suitable for investors who are seeking income over the long term and, returns that are in line with the performance of CRISIL-IBX AAA NBFC-HFC Index - Jun 2027, subject to tracking errors.
Minimum Application Amount - First investment is Rs. 100/- and in multiple of Rs. 1/- thereafter
Plan/ Options available - Regular Plan and Direct Plan having Growth Option and IDCW Option (Means Income Distribution cum Capital withdrawal). IDCW Option shall have Reinvestment, Payout & Transfer Facility.
Fund Managers - Mr. Dhawal Dalal and Mr. Rahul Dedhia
Benchmark - CRISIL-IBX AAA NBFC-HFC Index - Jun 2027