Edelweiss Mutual Fund Launches BSE Capital Markets and Insurance ETF: Know key dates, minimum investment, fund manager, index, and objective
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 today (December 10, 2024, Tuesday) launched ‘Edelweiss BSE Capital Markets & Insurance Exchange Traded Fund (ETF)’.
Edelweiss BSE Capital Markets & Insurance ETF benchmark
The open ended exchange-traded scheme replicates and tracks the BSE Capital Markets & Insurance Total Return Index.
'First of its kind' ETF
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 BSE Capital Markets & Insurance ETF: Open and close dates
The New Fund Offer (NFO) will be opened for subscription from December 10 to 24, 2024. The closing date is December 24.
Edelweiss BSE Capital Markets & Insurance ETF: Allotment date
The allotment date for the ETF is January 8, 2025.
Edelweiss BSE Capital Markets & Insurance ETF: Objective
The investment objective of the scheme is to generate returns that are in line with the performance of the BSE Capital Markets & Insurance Total Return Index, subject to tracking errors.
Edelweiss BSE Capital Markets & Insurance ETF: Fund Manager
Bhavesh Jain is the fund manager of the newly launched ETF.
Edelweiss BSE Capital Markets & Insurance ETF: Minimum investment
The minimum investment in the ETF is Rs 5,000.
Edelweiss BSE Capital Markets & Insurance ETF: Investment Option
The growth is available for investors.
Edelweiss BSE Capital Markets & Insurance ETF: Investment Plan
Investors can invest in the regular plan.
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