Greeting To All Our Readers! 


NFO Alert- 

“Edelweiss AMC launches Large and Midcap Index Fund. The fund is open for subscription between November 15, 2021, and November 26, 2021”


Read below for more details about the NFO!


Basic Details About The NFO… 

  • Fund Name- Edelweiss Large & Midcap Index Fund.
  • Type- An open-ended equity scheme replicating Nifty Large Midcap 250 Index.
  • Subscription open date- 15th November 2021
  • Subscription close date- 26th November 2021
  • Minimum Amount for Application during NFO- Rs 5000 and in multiples of Rs 1 after that.
  • Minimum Additional Purchase Amount- Rs 500 and in multiples of Rs 1 after that.
  • Plans- Both Direct and Regular Plans are available
  • Options Available- Both Growth and Income Distribution Cum Capital Withdrawal Option (ICDW)
  • Approximate Expense Ratio- Regular Plan: around 0.95% to 1.00%; Direct Plan: around 0.25% to 0.30%


Investment Objective…….

The new NFO launched is An Open-ended Equity Scheme replicating the Nifty Large Midcap 250 Index.

The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Large Midcap 250 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.


Exit Load Trends In The NFO…… 

The fund has no entry load and no exit load applicable on the switch or redeems of units after asset allocation. You can sell your units like you buy/ sell anytime.


Fund Managers Of The NFO…….

The fund manager appointed to manage the asset allocation is Mr. Bhavesh Jain. He has a total work experience of over 11 years in the equity market segment and has been associated with Edelweiss AMC since January 2011. Before joining Edelweiss AMC, he was also associated with Edelweiss Securities Limited as SGX Nifty Arbitrage



Who Should Invest In The NFO? 

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 Nifty Large Midcap 250 Index, subject to tracking errors.


Note: Investors should consult their financial advisers if in doubt about whether the product is suitable for them or you can also get in touch with our executives for more suggestions. 


Keep reading our article and stay updated with the latest news about Mutual Funds!

For any kind of query, you can contact us at Shri Ashutosh Securities Pvt Ltd., we are here to help you in any way possible.


Happy Investing!


(Mutual Fund investments are subject to market risk Illustrations are for example only, there is no guarantee of returns. Past performance is not an indicator/guarantee to future returns).