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(26/09/2025 15:50)

Edelweiss Nifty 1D Rate Liquid ETF - Growth floats on

Edelweiss Mutual Fund has launched a new Open Ended Growth scheme named "Edelweiss Nifty 1D Rate Liquid ETF - Growth" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 1,000.00 per unit, which will open for subscription from Sep 30 to Oct 03, 2025.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 5,005.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth.

The fund manager of the scheme will be Hetul Raval, while the performance of the scheme will be benchmarked against Nifty 1D Rate Index.

The investment objective of the scheme is to generate returns, before expenses, that are in line with the performance of the Nifty 1D Rate Index, subject to tracking errors. There is no assurance that the investment objective of the Scheme will be achieved.