Edelweiss Mutual Fund launches Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund

NFO period: 11^th October - 25^th October, 2024

Highlights of the NFO:

• Scheme type - An open-ended Equity index scheme replicating Nifty500 Multicap Momentum Quality 50 Index.


• Investment objective - The investment objective of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty500 Multicap Momentum Quality 50 Index Fund, subject to tracking errors.


• Product suitability - This product is suitable for investors who are seeking long-term capital appreciation Passive Investment in equity and equity related securities replicating the composition of Nifty500 Multicap Momentum Quality 50 Index, subject to tracking errors.


• Minimum Application Amount - Rs. 100/- and in multiples of Re. 1/- thereafter.


• Plan/ Options available - Direct Plan and Regular Plan having Growth Option and Income Distribution cum Capital Withdrawal (IDCW) Option.


• Fund Managers - Mr. Bharat Lahoti and Mr. Bhavesh Jain


• Benchmark - Nifty500 Multicap Momentum Quality 50 TRI