Edelweiss MF announces change in fundamental attributes of Edelweiss Select Midcap Fund, with effect from August 05, 2015.
Accordingly the proposed changes are:
Name of the scheme: Edelweiss Emerging Leaders Fund.
Investment objective: The primary objective of the scheme is to generate income and capital appreciation from a diversified portfolio predominantly comprising of equity and equity related securities of Mid & Small Cap Companies.
Asset Allocation: The scheme will invest 80-100% of assets in equity and equity related securities of Mid & Small Cap Companies with high risk profile, invest upto 20% of assets in equity & equity related securities of other companies with medium to high risk profile and invest upto 20% of assets in debt and money market instruments with low to medium risk profile.
Existing investors have an option to exit without payment of exit load between July 06, 2015 and August 04, 2015.Not sure which mutual funds to buy? Download moneycontrol transact app to get personalised investment recommendations.