Edelweiss Mutual Fund launches BHARAT Bond ETF FOF: April 2033

NFO
Dec 2, 2022 by Advisorkhoj Team | NFO | 7 Downloaded

NFO period: 02nd December – 08th December, 2022

Highlights of the NFO:

  • Scheme type – An open-ended Target Maturity fund of funds scheme investing in BHARAT Bond ETF – April 2033

  • Investment objective – BHARAT Bond ETF FOF - April 2033 is a fund of funds scheme with the primary objective to generate returns by investing in units of BHARAT Bond ETF – April 2033. 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 2033.

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

  • Plan/ Options available – Regular Plan & Direct Plan having Growth Option, Payout of Income Distribution Cum Capital Withdrawal Option (IDCW-Payout) and Reinvestment of Income Distribution cum capital withdrawal Option (IDCW-Reinvestment).

  • Fund Managers – Mr. Dhawal Dalal and Mr. Rahul Dedhia

  • Benchmark – Nifty BHARAT Bond Index – April 2033

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

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