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Edelweiss AMC launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2027
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Edelweiss Mutual Fund Launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 NFO on March 10, 2021
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Edelweiss AMC launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2027
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.
NFO of Edelweiss Nifty PSU Bond+ opens on March 10
March 08, 2021
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Edelweiss Asset Management Company has launched a new fund offer of Nifty PSU Bond Plus SDL Index Fund – 2026, a one of its kind passively managed index fund that will invest in AAA-rated PSU bonds and State Development Loans. The NFO opens on Wednesday and closes on March 16.
The fund will have a defined maturity of April 30, 2026. The fund will aim to hold the bonds till maturity in order to provide stability and visibility of returns to investors. Taxed at 20 per cent post indexation, this fund will be more tax efficient as compared to traditional avenues.
Edelweiss Mutual Fund Launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 NFO on March 10, 2021
Posted On: 2021-03-08 06:02:27 (Time Zone: Arizona, USA)
Edelweiss Asset Management Company Limited, one of India s fastest growing AMCs, announced the launch of Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 today. Passively managed, this first of its kind index fund will invest in AAA rated PSU Bonds as well as State Development Loans (SDL).
Key Highlights of the Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026:
- India s first target-maturity, debt-index fund
- Will invest in State Development Loans (SDLs) plus PSU bonds