Edelweiss AMC Launches First Hybrid Passive Index Fund Under the Leadership of Radhika Gupta

Edelweiss Asset Management Company Launches India's First Hybrid Passive Index Fund

Key Highlights:

• Edelweiss Asset Management Company, led by Radhika Gupta, has launched India's first hybrid passive index fund, offering a mix of equities and government bonds.
• The new fund offer (NFO) opened for subscription on March 18 and will be available till April 1.

Fund Details:

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• Scheme Type: Open-ended index scheme with a 70:30 allocation to equities and government securities.
• Underlying Index: Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 index.
• Asset Allocation: The fund will invest in securities comprising the Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index, along with equity and equity-related instruments and government securities.
• Risk Factor: Classified under the Very High-Risk category due to high equity exposure.

Investment Details:

• Minimum Investment: ₹100 with multiples of ₹1 thereafter.
• Exit Load: None.
• Fund Managers: Bhavesh Jain and Bharat Lahoti for the equity portion, and Dhawal Dalal and Hetul Raval for the debt portion.

Benefits and Risks:

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• Benefits: Low-cost, passive approach; simple allocation framework; diversification; automatic rebalancing.
• Risks: High equity exposure; market-linked returns; no return guarantee; interest rate risk.

Target Audience:

• The fund is suitable for both first-time and existing investors who seek a balance between growth and stability.
• Investors with a 7-10 year view can consider this fund for goal-based, long-horizon investing.