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Edelweiss Mutual Fund Launches BSE Capital Market .. um investment, fund manager, index, and objective

Edelweiss Mutual Fund Launches BSE Capital Markets and Insurance ETF: Know key dates, minimum investment, fund manager, index, and objective


Published on 2024-12-10 16:41:23 - MSN
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  • The asset management company (AMC) claims the ETF to be the first of its kind in India, aiming to capitalise on the trend of investing and wealth creation combined with the insurance sector.

Edelweiss Mutual Fund has launched the BSE Capital Markets and Insurance Exchange Traded Fund (ETF), which aims to provide investors with returns that closely correspond to the performance of the BSE Capital Markets & Insurance Total Return Index, before expenses. The New Fund Offer (NFO) for this ETF opened on May 27, 2024, and will close on June 5, 2024. The minimum investment required during the NFO period is Rs 5,000, with additional investments in multiples of Re 1. The fund will be managed by Bhavesh Jain, and it focuses on tracking an index composed of companies from the capital markets and insurance sectors, offering investors a targeted investment opportunity in these specific sectors.

Read the Full MSN Article at:
[ https://www.msn.com/en-in/money/top-stocks/edelweiss-mutual-fund-launches-bse-capital-markets-and-insurance-etf-know-key-dates-minimum-investment-fund-manager-index-and-objective/ar-AA1vAV8L ]
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