Edelweiss Nifty500 Multicap Momentum Quality 50 ETF New Fund Offer (NFO)
| Mutual Fund | Edelweiss Mutual Fund |
| Scheme Name | Edelweiss Nifty500 Multicap Momentum Quality 50 ETF |
| Objective of Scheme | The investment objective of the scheme is to generate returns that are in line with the performance of the Nifty500 Multicap Momentum Quality 50 Total Return Index, subject to tracking errors. There is no assurance or guarantee that the investment objective of the Scheme will be achieved. |
| Scheme Type | Open Ended |
| Scheme Category | Other Scheme – Other ETFs |
| New Fund Launch Date | 11-Oct-2024 |
| New Fund Earliest Closure Date | |
| New Fund Offer Closure Date | 25-Oct-2024 |
| Indicate Load Seperately | Exit Load: NIL There will be no exit load for units sold through the secondary market on the NSE. Investors shall note that the brokerage on sales of the units of the scheme on the stock exchanges shall be borne by the investors. The Authorised Participant(s)/Investor(s) can redeem units directly with the Fund/the AMC in Creation size. Currently there is no exit load applicable for the said transactions. |
| Minimum Subscription Amount | 5,000/- |
