Edelweiss Mutual Fund launches Bharat Bond FOF: April 2030

Mutual Fund
Dec 13, 2019 by Advisorkhoj Team | Mutual Fund | 8 Downloaded

NFO period: 13th December – 20th December, 2019

Highlights of the NFO:

  • Scheme type – An open-ended target maturity fund of funds scheme investing in units of BHARAT Bond ETF – April 2030

  • Investment objective – BHARAT Bond FOF – April 2030 is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT Bond ETF – April 2030. 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 2030.

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

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

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

  • Benchmark – Nifty BHARAT Bond Index - April 2030

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

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