| Launch date | 06 Oct 2020 |
| Allotment date | 26 Oct 2020 |
| End date | 20 Oct 2020 |
| NAV | ₹10.00 |
Fund Overview
Expense ratio, exit load and tax
Expense ratio: 0.49%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Bhavesh JainOct 2021 - PresentView details
Amit VoraFeb 2021 - PresentView details
Fund house & investment objective
| Rank (total assets) | #15 in India |
|---|---|
| Total AUM | ₹1,27,262.36Cr |
| Date of Incorporation | 30 Apr 2008 |
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Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct - Growth - NFO is a Other Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Hardik Verma is the Current Fund Manager of Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct - Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹1,27,262 Cr and the Latest NAV as of 26 Oct 2020 is ₹10.00. The Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct - Growth - NFO is rated High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. ;
| Fund benchmark | NA |
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