NFO: Edelweiss Nifty Enhancer Fund
08/06/2009 Leave a comment
Scheme Type: An Open Ended Equity Scheme
Investment Objective :
The primary objective of the Fund is to generate capital appreciation and income distribution by investing in a portfolio that endeavors to outperform the S & P CNX Nifty Index.
However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.
"Edelweiss Nifty Enhancer Fund" is only the name of the Fund. The scheme is not an Index Fund. The equity stocks/ weightages of the equity stocks in the scheme Portfolio may differ vis-à-vis the underlying stocks of Nifty Index.
Benchmark Index : S& P CNX Nifty
The fund reserves the right to change the benchmark for evaluation of the performance of the scheme from time to time, subject to SEBI Regulations and other prevailing guidelines if any.
Fund Manager : Mr. Gaurav Khandelwal
Plans / Options:
The scheme will have a single Plan with Dividend & Growth Options. Dividend Option shall have Reinvestment, Payout & Sweep Facility. Default Option / facility-Growth Option /Dividend Facility / Dividend Re-investment frequency. If dividend is less than Rs. 100 then no payout but compulsorily re-invested.
The AMC reserves the right to introduce further Plans / Options as and when deemed fit.
Application Amount / No. of Units:
|
Purchases |
Additional Purchases |
Redemtions |
| Minimum Rs. 5,000/- and in multiples of Re.1/- thereafter. | Minimum of Rs. 1,000/- and multiples of Re. 1/- thereafter. | Minimum of Rs. 1,000/- and multiples of Re. 1/- thereafter |
Dispatch of Repurchase (Redemption) Request:
Within 10 business days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.
Load Structure:
The Load Structure would comprise of an Entry Load and /or an Exit Load / CDSC, as may be permissible under the Regulations. The load structure is stated as under:
Entry Load: NIL
Exit Load: Normally, the Exit Load will be as stated below:
1) Redemption request received on any business day within & including 180 days from the date of allotment in the scheme.
Load Chargeable (as %age of NAV):1.00%
2) Redemption request received on any business day after 180 days(from 181 days) but before & including 365 days from the date of allotment in the scheme.
Load Chargeable (as %age of NAV):0.25%
3) Redemption request received on any business day within & including 180 days from the date of allotment in the scheme.
Load Chargeable (as %age of NAV):Nil
