comparemela.com

Latest Breaking News On - Edelweiss maiden opportunities fund - Page 1 : comparemela.com

Edelweiss AMC converting its IPO-focused Maiden Opportunities Fund into an open-ended Fund

Edelweiss AMC converting its IPO-focused Maiden Opportunities Fund into an open-ended Fund
equitybulls.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from equitybulls.com Daily Mail and Mail on Sunday newspapers.

Edelweiss Mutual Fund s closed-ended fund to turn open-ended

Edelweiss Mutual Fund’s closed-ended fund to turn open-ended SECTIONS Share Synopsis Edelweiss Mutual Fund will convert its Maiden Opportunities Fund, a closed-end equity scheme to capture opportunities in the IPO market, into an open-ended product. The fund with assets of ₹522 crore will be renamed as Edelweiss Recently Listed IPO Fund. Getty Images Edelweiss Mutual Fund will convert its Maiden Opportunities Fund, a closed-end equity scheme to capture opportunities in the IPO market, into an open-ended product. The fund with assets of ₹522 crore will be renamed as Edelweiss Recently Listed IPO Fund. Launched in February 2018 with a maturity of 1,222 days, the fund has returned 16.71% in the past three years as against 13.27% gains in the BSE 500 TRI. The outperformance was driven by stocks such as Dixon Technologies, HDFC Life, HDFC AMC, Amber Enterprises and Gland Pharma.

Edelweiss MF s IPO-focused scheme to go open-ended amid robust pipeline

Read more about Edelweiss MF s IPO-focused scheme to go open-ended amid robust pipeline on Business Standard. The scheme was launched as a closed-end fund in February 2018, with a tenure of over three years ending June 2021

Edelweiss AMC to convert IPO fund into open-ended - The Hindu BusinessLine

Our Bureau Mumbai May 20 | Updated on May 20, 2021 Maiden Opportunities to be called Recently Listed IPO Fund Edelweiss Asset Management will convert its close ended Edelweiss Maiden Opportunities Fund – Series 1 into open-ended fund from June 29. The fund, which had invested in 100 recent IPOs, has assets under management of ₹522 crore (as of April). The first of its kind open-ended fund will be re-named as Edelweiss Recently Listed IPO Fund. Tenure ends in June The maiden opportunity fund was launched as a close-ended fund in February 2018, with a tenure of about three years, which ends in June. The fund has delivered 14.3 per cent return against 11.2 per cent Nifty 500 TRI (benchmark). It has been investing in new-age businesses across multiple sectors.

© 2024 Vimarsana

vimarsana © 2020. All Rights Reserved.