Edelweiss MF launches BSE Internet Economy Index Fund; check key details

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Edelweiss MF launches BSE Internet Economy Index Fund; check key details - Business Standard

Quick Summary:

According to the scheme information document (SID), if the units are redeemed or switched out on or before 30 days from the date of allotment, an exit load of 0.10 per cent will be charged.

The fund offers investors an opportunity to invest in a pure-play internet and digital economy-focused portfolio, she added.

The BSE Internet Economy Index comprises the top 20 companies selected from the BSE 500 based on their six-month average market capitalisation.