Edelweiss Mutual Fund is launching a new fund offer (NFO) for Edelweiss NIFTY PSU Bond Plus SDL Index Fund – 2026. The NFO opens on March 10, 2021, and closes on March 16, 2021.
It is an index fund that will invest your money in PSU ( Public Sector Undertakings) and SDL’s . It will track the Nifty PSU Bond Plus SDL Apr 2026 50:50 Index by investing your money in AAA rated PSU Bonds and SDLs ( State Development Loans) maturing on or before April 2026.
An index fund is a mutual fund that imitates the portfolio of an index. Index funds are not actively managed funds, thus incur low expenses. They do not aim at outperforming the market, but instead to maintain uniformity.
Investments | Indicative Allocation (% to net assets) | Risk Profile |
Bonds issued by PSUs forming part of the bonds portion of Nifty PSU Bond Plus SDL Apr 2026 50:50 Index | 95%-100% | Low to Medium |
State Development Loans (SDLs) forming part of the SDL portion of Nifty PSU Bond Plus SDL Apr 2026 50:50 Index | 95%-100% | Low to Medium |
Money Market Instruments including cash and cash equivalents | 0%-5% | Low |
*Money Market Instruments will include only treasury bills and government securities having residual maturity of up to one year, Tri-Party Repos and any other like instruments as specified by the Reserve Bank of India from time to time.
According to the National Stock Exchange (NSE), the Nifty PSU Bond Plus SDL Apr 2026 50:50 Index will:
Scheme Name | Edelweiss Nifty PSU Bond Plus SDL Index -2026 |
Type of scheme | An open-ended target maturity Index Fund predominantly investing in the constituents of Nifty PSU Bond Plus SDL Apr 2026 50:50 Index |
NFO Dates | 10th March 2021 to 16th March 2021 |
Scheme Maturity Date | April 30, 2026 |
Fund Managers | Mr Dhawal Dalal Mr Gautam Kaul |
Minimum Amount for Application | Minimum of Rs. 5,000/- and multiples of Re. 1/- thereafter |
Minimum Additional Application Amount | Minimum of Rs. 500/- and multiples of Re. 1/- thereafter. |
Minimum Redemption Amount | Rs. 500 and in multiples of Re. 1 thereafter. There will be no minimum redemption criterion for Unit based redemption. |
Load | Entry Load: Not Applicable
Exit Load: 0.15% up to 30 days of investment Nil after 30 days of investment |
Plans | Regular Plan and Direct Plan |
Options | Each Plan will have:
(i) Growth Option and (ii) Dividend Option |
Minimum SIP Amount | Rs 500 per month for a minimum of 12 instalments.
Date: Any date except the last 3 days of the month |
Mr Dhawal Dalal: Mr Dalal has a work experience of almost 20 years in the investment management space. Mr Dhawal joined Edelweiss AMC as Chief Investment Officer – Fixed Income in October 2016. Prior to this, he worked with DSP BlackRock Investment Managers Pvt. Ltd. between 1998 and 2016 and a two-year stint at Merrill Lynch Investment Managers.
He is managing the following funds:
Mr Gautam Kaul: Mr Kaul has a work experience of over 15 years in the fixed income market which includes 11 years in the mutual fund industry. Prior to joining Edelweiss AMC, he worked as a Fund Manager with IDBI Asset Management Limited and with Invesco Asset Management (India) Pvt. Ltd.
He is managing the following funds:
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.