Edelweiss MF launches diversified growth equity fund
Edelweiss Asset Management today announced the launch of diversified growth equity fund benchmarked against BSE 500 Index.india Updated: May 04, 2009 21:43 IST
Edelweiss Asset Management today announced the launch of diversified growth equity fund benchmarked against BSE 500 Index.
The Fund offers three investor-friendly plans namely, Plan A, Plan B and Plan C with varying entry, exit loads and expense ratios, to cater to various investor segments, Edelweiss Asset Management said in a statement.
The Fund also introduces a unique concept of "Right of Accumulation" (ROA) whereby the investor can avail of a discounted or waived exit load by investing a pre-decided amount for a specified time frame and holding the investment through the discounting cycle, it said.
The New Fund Offer opens on May 4 and closes on May 8.