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Edelweiss MF Announces Change in Exit Load Structure

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Edelweiss MF Announces Change in Exit Load Structure
Edelweiss Mutual Fund has announced that exit load is not chargeable for switch-outs / systematic transfers between Edelweiss Absolute Return Fund, Edelweiss Diversified Growth Equity Top 100 Fund, Edelweiss ELSS Fund and Edelweiss Select Midcap Fund.

Edelweiss Absolute Return Fund is an open ended equity scheme, the scheme which will invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other.

 

Edelweiss Diversified Growth Equity Top 100 Fund is an open ended equity scheme, the portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalisation, listed in India.

Edelweiss ELSS Fund is an open ended equity linked savings scheme which has the investment objective generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments.

Edelweiss Select Midcap Fund is an open ended equity scheme. The scheme consists of portfolio predominantly comprising of equity and equity related securities of Mid Cap Companies.

GoodReturns.in

Story first published: Monday, August 29, 2011, 15:24 [IST]
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