One of the newest mutual fund companies is Edelweiss Asset Management Ltd, which is a subsidiary of the Edelweiss Group. It became operational in 2009 after registering with SEBI in 2008. It is a wholly-owned subsidiary of publicly traded company Edelweiss Financial Services. In 2014 and 2016, respectively, the company purchased Forefront Capital and JP Morgan AMC's India operations. Additionally, the fund house was the first fund house in the nation to launch a passive debt fund (Bharat Bond ETF). As of May 31, 2022, it had total assets under management (AUM) valued Rs. 94,588 crore.
About 41 mutual fund plans are available from Edelweiss Mutual Fund. Twelve of them fall under the category of equity, four hybrid, fourteen debt, and eleven other types.
The AMC was the first to introduce MSCI, a top global index provider, to India.
As of May 31, 2022, Edelweiss Mutual Fund controlled 2.46% of the market capitalization.
Bharat Bond ETF series, Edelweiss Balanced Advantage Fund, and Edelweiss Arbitrage Fund are some of its major schemes in terms of AUM.
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Key information about Edelweiss Mutual Fund
Mutual fund name:
Edelweiss Mutual Fund
Asset management company name:
Edelweiss Asset Management Limited
Founded in:
30 April 2008
AMC incorporation date:
23 August 2007
Sponsor name:
Edelweiss Financial Services Limited
Trustee organization:
Edelweiss Trusteeship Company Limited
How to invest in Edelweiss Mutual Fund schemes?
Investing in mutual funds is easy with Bajaj Finserv. If you are a new investor, follow the below steps. For customers who have invested with us, please skip directly to step 7.
Choose a mutual fund category and a scheme that suits your goals and click on Invest Now.
Sign into Bajaj Finserv to setup your mutual fund account.
Verify your details using your PAN, Name, DOB, and Email ID. If your KYC is not complete, you will have to upload your address proof and complete video KYC.
Enter your bank details.
Upload your signature and provide additional details to continue.
Choose whether you want to invest in SIP or lumpsum and enter the investment amount. Click on INVEST.
Choose your payment mode (net-banking, UPI, NEFT/RTGS) and make the payment.
Wait for 2-3 working days for your investment to reflect in your portfolio.
Documents required to invest in Edelweiss Mutual Fund
If you are an existing customer, no documents are required for investment. However, for new customers keep the following documents handy before investing:
How to Start an Online SIP for an Edelweiss Mutual Fund?
You can start an online SIP for a Edelweiss Mutual Fund scheme on the Bajaj Finserv platform.
How to increase SIP amount in Edelweiss Mutual Fund?
You can easily increase your SIP amount in a Edelweiss Mutual Fund scheme through the Bajaj Finserv website or app.
How can I cancel the ongoing SIP in an Edelweiss Mutual Fund?
You can easily cancel an ongoing SIP in a Edelweiss Mutual Fund scheme through the Bajaj Finserv website or app.
Who is eligible for Edelweiss Mutual Funds?
Eligibility for Edelweiss Mutual Funds is generally open to all individuals and entities, subject to the specific terms and conditions outlined in the fund's offer document and in accordance with the regulations set by the Securities and Exchange Board of India (SEBI).
How to calculate Edelweiss Mutual Fund SIP?
You can check the minimum required amount to start an SIP in a Edelweiss Mutual Fund scheme on the Bajaj Finserv Platform.
How to redeem Edelweiss Mutual Fund?
If you have invested in a Edelweiss Mutual Fund scheme through the Bajaj Finserv platform, you can easily redeem it through the Bajaj Finserv website or app.
Disclaimer
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BFL does NOT:
(i) provide investment advisory services in any manner or form;
(iv) carry independent research or analysis, including on any Mutual Fund schemes or other investments; and provide any guarantee of return on investment.
In addition to displaying the Mutual fund products of Asset Management Companies, some general information is sourced from third parties, is also displayed on ‘As-is’ basis, which should NOT be construed as any solicitation or attempt to effect transactions in securities or the rendering any investment advice. Mutual Funds are subject to market risks, including loss of principal amount and Investor should read all Scheme /Offer related documents carefully. The NAV of units issued under the Schemes of mutual funds can go up or down depending on the factors and forces affecting capital markets and may also be affected by changes in the general level of interest rates. The NAV of the units issued under the scheme may be affected, inter-alia by changes in the interest rates, trading volumes, settlement periods, transfer procedures and performance of individual securities. The NAV will inter-alia be exposed to Price / Interest Rate Risk and Credit Risk. Past performance of any scheme of the Mutual fund do not indicate the future performance of the Schemes of the Mutual Fund. BFL shall not be responsible or liable for any loss or shortfall incurred by the investors. There may be other / better alternatives to the investment avenues displayed by BFL. Hence, the final investment decision shall at all times exclusively remain with the investor alone and BFL shall not be liable or responsible for any consequences thereof.
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Disclaimer on Risk-O-Meter:
Investors are advised before investing to evaluate a scheme not only on the basis of the Product labeling (including the Riskometer) but also on other quantitative and qualitative factors such as performance, portfolio, fund managers, asset manager, etc. and shall also consult their financial advisers, if they are unsure about the suitability of the scheme before investing