Edelweiss Mutual Fund launches BHARAT Bond ETF FOF - April 2032

Edelweiss Mutual Fund launches BHARAT Bond ETF FOF - April 2032

by News Team | Mutual Fund

NFO period: 03rd December - 09th December, 2021

Highlights of the NFO:

  • Scheme type - An open ended Target Maturity fund of funds scheme investing in BHARAT Bond ETF - April 2032

  • Investment objective - BHARAT Bond ETF FOF - April 2032 is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT Bond ETF - April 2032. However, there is no assurance that the investment objective of the Scheme will be realized.

  • Product suitability - The product is suitable for investors who are seeking income over the Target Maturity period. An open ended Target Maturity fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT Bond ETF - April 2032.

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

  • Plan/ Options available - Regular Plan and Direct Plan. Each plan under the scheme offers Growth and Income Distribution cum Capital Withdrawal (IDCW) (Payout and Re-investment Facility).

  • Fund Managers - Mr. Dhawal Dalal (Managing the Scheme Since Inception) and Mr. Rahul Dedhia (Managing the Scheme Since Inception)

  • Benchmark - Nifty BHARAT Bond Index - April 2032

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