Edelweiss Mutual Fund launches Multi Cap Fund. Should you invest?
Radhika Gupta, MD & CEO of Edelweiss Mutual Fund. She further adds, that we have always been careful when launching NFOs and try to align with market conditions that are good for investors and can deliver value to them.
Our last two equity NFOs, in the Focused and Small-cap categories, have had reasonably good returns for investors since their launch. The primary objective of Edelweiss Multi Cap Fund is to generate long-term capital appreciation by investing in a diversified portfolio of equity & equity-related instruments across large-cap, mid-cap, and small-cap stocks.
The scheme will be benchmarked against the NIFTY 500 Multicap 50:25:25 Index TRI. The fund will invest in equity and equity-related instruments, allocating a minimum of 25 per cent and a maximum of 50 per cent to each large-cap, mid-cap, and small-cap categories.
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