Edelweiss Mutual Fund has announced that change in the name, type objective and benchmark of Edelweiss Multi-Asset Allocation Fund, with effect from 20 July 2019.
Scheme Names:
Existing Name: Edelweiss Multi-Asset Allocation Fund
Proposed features: Edelweiss Aggressive Hybrid Fund
Type: An open ended hybrid scheme investing predominantly in equity and equity related instruments
Benchmark: CRISIL Hybrid 35+65 – Aggressive Index
Objectives: The investment objective of the scheme is to generate long term growth of capital and current income through a portfolio investing predominantly in equity and equity related instruments and balance in debt and money market securities.
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