Edelweiss Multi Asset Allocation Fund Floats On

Published on Jun 02, 2023 12:57

Edelweiss Mutual Fund has launched a new fund named as Edelweiss Multi Asset Allocation Fund .

The New Fund Offer (NFO) price for the scheme is Rs 10 per unit.

Category of Scheme: Hybrid Scheme - Multi Asset Allocation

The scheme has two plans: regular plan and direct plan.

The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option

The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter.

The additional application amount is Rs 500 and in multiples of Re. 1/- thereafter.

Load structure: � If the units are redeemed / switched out on or before 30 days from the date of allotment - 0.10%

� If the units are redeemed / switched out after 30 days from the date of allotment - Nil

Benchmark Index for the scheme is Nifty 500 TRI (40%) + Nifty 5 yr Benchmark G-Sec Index (50%) + Domestic Gold Prices (5%) + Domestic Silver Prices (5%)

The fund manager of the scheme is Equity - Mr. Bhavesh Jain & Mr. Bharat Lahoti, Debt - Mr. Dhawal Dalal, Overseas - Mr. Amit Vora, Commodities - Mr. Ashish Sood