Edelweiss Mutual Fund launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund 2027

Sep 30, 2021 by News Team

NFO period: 30th September – 08th October, 2021

Highlights of the NFO:

  • Scheme type – An open-ended target maturity Index Fund predominantly investing in the constituents of Nifty PSU Bond Plus SDL Apr 2027 50:50 Index

  • Investment objective – The investment objective of the scheme is to track the Nifty PSU Bond Plus SDL Apr 2027 50:50 Index by investing in AAA rated PSU Bonds and SDLs, maturing on or before April 2027, subject to tracking errors. However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

  • Product suitability – The product is suitable for investors who are seeking income over long term an open-ended Target Maturity Index Fund that seeks to track NIFTY PSU Bond plus SDL April 2027 50:50 Index.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option. IDCW Option shall have Reinvestment, Payout & Transfer Facility.

  • Fund Managers – Mr. Dhawal Dalal and Mr. Gautam Kaul

  • Benchmark – Nifty PSU Bond Plus SDL Apr 2027 50:50 Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)