Edelweiss Mutual Fund has launched the Edelweiss Fixed Maturity Plan-Series 41, a close ended income scheme. The NFO opens for subscription on March 23, 2017 and closes on March 27, 2017. No entry load and exit load will be applicable for the scheme. The minimum subscription amount is Rs 5,000 and in multiples of Re 10.
The scheme’s performance will be benchmarked against CRISIL Composite Bond Fund Index and its fund manager is Swayam Mangwani.
The investment objective of the scheme is to generate income through investment in Debt / Money Market Instruments and Government Securities maturing on or before the Maturity Date of the Scheme.