2 mutual funds file draft papers with Sebi to launch 3 passive funds and a smallcap fund
mutual funds have filed draft documents with Sebi to launch new funds. These fund houses will jointly introduce three passive funds and one small-cap fund. The drafts have been submitted by Edelweiss Mutual Fund and Mirae Asset Mutual Fund.
These passive schemes will be based on the BSE Capital Markets & Insurance TRI, BSE Internet Economy TRI, and BSE 200 Equal Weight TRI (Total Return Index) indices.
Edelweiss BSE Capital Markets & Insurance ETF
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View Details» <div data-placement=«Mid Article Thumbnails» data-target_type=«mix» data-mode=«thumbnails-mid» style=«min-height:400px; margin-bottom:12px;» class=«wdt-taboola» id=«taboola-mid-article-thumbnails-114774179»>Edelweiss BSE Capital Markets & Insurance ETF will be an open-ended exchange-traded scheme replicating or tracking the BSE Capital Markets & Insurance Total Return Index.
The investment objective of the scheme is to generate returns that align with the performance of the BSE Capital Markets & Insurance Total Return Index, subject to tracking errors. The scheme will be benchmarked against the BSE Capital Markets & Insurance TRI.
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