Mirae Asset Mutual Fund launches Edelweiss Multi Asset Allocation Fund

Jun 5, 2023 by Advisorkhoj Team | NFO | 12 Downloaded

NFO period: 05th June – 19th June, 2023

Highlights of the NFO:

  • Scheme type – An open-ended scheme investing in Equity, Debt, Commodities and in units of REITs & InvITs

  • Investment objective – To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes. 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 – This product is suitable for investors who are seeking income generation from fixed income instruments. Capital appreciation from Equity and equity related instruments, Commodities and in units of REITs & InvITs.

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

  • Plan/ Options available – Regular Plan and Direct Plan having Growth Option and income Distribution cum Capital withdrawal (IDCW) Option.

  • Fund Manager – Mr. Bhavesh Jain & Mr. Bharat Lahoti (Equity), Mr. Dhawal Dalal (Debt), Mr. Amit Vora (Overseas) and Mr. Ashish Sood (Commodities)

  • Benchmark – Nifty 500 TRI (40%) + Nifty 5 yr Benchmark G-Sec Index (50%) + Domestic Gold Prices (5%) + Domestic Silver Prices (5%)

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

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