Edelweiss Mutual Fund launches Edelweiss Exchange Traded Scheme Nifty (Nifty EES)

Mutual Fund
Apr 24, 2015 by Advisorkhoj Team | Mutual Fund | 5 Downloaded

NFO period: 24th April – 05th May 2015

Highlights of the NFO:

  • Scheme type – An Open Ended Exchange Traded Fund

  • Investment objective – The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the CNX Nifty 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 Long term capital appreciation by Investment in securities covered by CNX Nifty Index

  • Minimum Application Amount - First investment Rs 10000/- and multiples of Rs. 1/- thereafter.

  • Plan/ Options available – The Scheme does not offer any Plans/Options for investment. The AMC/Trustee reserve the right to introduce Plans/Option(s) as may be deemed appropriate at a later date.

  • Fund Managers – Mr. Ashish Sahay and Mr. Bhavesh Jain (Co-Fund Manager)

  • Benchmark – CNX Nifty Index.

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

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