Edelweiss Mutual Fund launches Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund

NFO period: 06^th October – 20^th October, 2020

Highlights of the NFO:

• Scheme type – An Open ended Equity Scheme replicating MSCI India Domestic & World Healthcare 45 Index


• Investment objective – The scheme will invest in stocks comprising of the MSCI India Domestic & World Healthcare 45 Index with the objective to provide investment returns that, before expenses, closely corresponds to the returns equivalent to the index, 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 appreciaon passive by investing in equity and equity related securies replicating the composition of MSCI India Domestic & World Healthcare 45 Index, subject to tracking errors.


• Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter


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


• Fund Managers – Mr. Hardik Varma and Mr. Mayur Dharmshi (for investments in foreign securities)


• Benchmark – MSCI India Domestic & World Healthcare 45 Index