Edelweiss Mutual Fund launches BHARAT Bond FOF - April 2031

Mutual Fund
Jul 14, 2020 by Advisorkhoj Team | Mutual Fund | 4 Downloaded

NFO period: 14th July – 17th July, 2020

Highlights of the NFO:

  • Scheme type – An open ended Target Maturity fund of funds scheme investing in BHARAT Bond ETF – April 2031

  • Investment objective – BHARAT Bond FOF – April 2031 is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT Bond ETF – April 2031. 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 2031.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and Dividend Option (Reinvestment, Payout Facility).

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

  • Benchmark – Nifty BHARAT Bond Index – April 2031

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

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