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Edelweiss Mutual Fund has launched a new fund named as Edelweiss Multi Asset Allocation Fund . The New Fund Offer (NFO) price for the scheme is Rs 10 per unit. Category of Scheme: Hybrid Scheme - Multi Asset Allocation The scheme has two plans: regular plan and direct plan. The Scheme has the following Options: Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option The minimum application amount is Rs 5000 and in multiples of Re. 1/- thereafter. The additional application amount is Rs 500 and in multiples of Re. 1/- thereafter. Load structure: ? If the units are redeemed / switched out on or before 30 days from the date of allotment - 0.10% ? If the units are redeemed / switched out after 30 days from the date of allotment - Nil Benchmark Index for the scheme is Nifty 500 TRI (40%) + Nifty 5 yr Benchmark G-Sec Index (50%) + Domestic Gold Prices (5%) + Domestic Silver Prices (5%) The fund manager of the scheme is Equity - Mr. Bhavesh Jain & Mr. Bharat Lahoti, Debt - Mr. Dhawal Dalal, Overseas - Mr. Amit Vora, Commodities - Mr. Ashish Sood Powered by Capital Market - Live News
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