The scheme will allocate its entire corpus in debt securities and money market instruments with residual maturity of the next business day.
The scheme will deploy at least 65 percent of its corpus in equity and equity-related instruments of small cap companies
The revision comes on the back of India Index Services and Products Ltd's Jan 5 announcement to revise stock selection criteria for its indices
The company is also looking at organic growth by creating value propositions for investors with cutting-edge products that would be market leaders in their respective categories.
The close-ended equity fund will invest at least 65 percent of corpus in equity and equity-related instruments
The scheme will have monthly dividend option along with the existing options, wherein it will have reinvestment and pay-out facilities
The monthly dividend facility will have dividend reinvestment and payout facility option.
Total Return Index is viewed as a strong measure of an investment’s overall performance
The performance of Edelweiss Arbitrage Fund will be benchmarked against Nifty 50 Arbitrage Index as against CRISIL Liquid Fund
It will also introduce quarterly dividend option under both regular and direct plans with effect from July 3
Edelweiss Mutual Fund is upbeat on private banks as he believes private banks will keep gaining share from PSUs
Vikaas Sachdeva, former chief executive officer of Edelweiss Mutual Fund has joined Enam Asset Management Co in the sane capacity, sources in the industries said
Gupta expects the AUMs to be driven by few large funds and also intends to compete in the balanced funds category. At the same time, the fund house is looking to scale up its fixed income business substantially
With all major banks having reduced deposit rates in the wake of a deluge of cash, mutual funds could be the major beneficiaries as savers move their money from banks to other financial assets, feels Dhawal Dalal, Chief Investment Officer-Fixed income, Edelweiss Mutual Fund
Edelweiss Mutual Fund today announced the appointment of Dhawal Dalal as the CIO â€“ Fixed Income.Dalal will oversee fixed income portfolio at the fund house.
Edelweiss Arbitrage Fund announces dividend, the record date for declaration of dividend is June 07, 2016
Edelweiss ELSS Fund announces dividend, record date for dividend is January 27, 2016.
Edelweiss Mutual Fund announces merger of its two schemes with effect from February 18, 2016.
Edelweiss Arbitrage Fund announces change in exit load structure, with effect from January 14, 2016.
Edelweiss Prudent Advantage Fund announces dividend, the record date for dividend is January 18, 2016.
Edelweiss Emerging Leaders Fund announces dividend, the record date for dividend is January 11, 2016.
Edelweiss ELSS Fund announces dividend, the record date for dividend is December 28, 2015.
Edelweiss Prudent Advantage Fund announces dividend, the record date for dividend is November 26, 2015.
On November 19, 2015 Sundaram BNP Paribas Mutual Fund sold 7,00,000 shares of Mcnally Bharat Engineering at Rs 95.16 on the BSE and sold 3,00,000 shares at Rs 95.18 on the NSE.
Edelweiss Prudent Advantage Fund announces dividend, the record date for dividend is October 29, 2015.