Edelweiss Mutual Fund launches Bharat Bond ETF: April 2023

Mutual Fund
Dec 12, 2019 by Advisorkhoj Team | Mutual Fund | 17 Downloaded

NFO period: 12th December – 20th December, 2019

Highlights of the NFO:

  • Scheme type – An open-ended Target Maturity Exchange Traded Bond Fund predominately investing in constituents of Nifty BHARAT Bond Index - April 2023

  • Investment objective – 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.

  • Product suitability – The product is suitable for investors who are seeking income over the target maturity period. An open ended target maturity exchange traded bond fund that seeks to track the returns provided by nifty BHARAT Bond Index - April 2023.

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

  • Plan/ Options available – The scheme does not offer any plans/options for investment.

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

  • Benchmark – Nifty BHARAT Bond Index - April 2023

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

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