23 Jan 2020 | 11:04 PM

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COMPANYNEWS
Edelweiss Bharat Bond ETF - April 2023 floats on
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Published on 12-11-2019
Edelweiss Mutual Fund has launched a new Open Ended Growth scheme named Edelweiss Bharat Bond ETF - April 2023 with maturity period of 1221 days from the launch date.


The New Fund Offer (NFO) price for the scheme is Rs 1000.00 per unit which will open for subscription from Dec 13 to Dec 20 2019.


According to the offer document filed with SEBI the entry and exit load is Nil.


The minimum application amount is Rs 1000.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.


The fund manager of the scheme will be Dhawal Dalal while the performance of the scheme will be benchmarked against .


The investment objective of the scheme is to replicate Nifty BHARAT Bond Index April 2023 by investing in bonds of CPSEs/CPSUs/CPFIs and other Government organizations 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.