Edelweiss AMC launches Edelweiss NIFTY PSU Bond Plus SDL Index Fund – 2027

Edelweiss Asset Management Ltd is one of India’s fastest growing AMC’s, on Wednesday announces the launch of passively managed fund Edelweiss NIFTY PSU Bond Plus SDL Index Fund – 2027 after the successful launch of and growth of prior series Edelweiss NIFTY PSU SDL Index Fund – 2026. This index fund will invest in AAA-rated PSU Bonds as well as State Development Loans (SDL). 

The Edelweiss NIFTY PSU Bond SDL Index Fund – 2027 NFO will be open for subscription from September 30, 2021, to October 8, 2021. With a minimum investment amount of ₹5,000. This fund will have a fixed maturity date of April 30, 2027. 

The open-ended target maturity fund will predominantly invest in the constituents of NIFTY PSU Bond and SDL April 2027 equally divided in the weightage of 50 per cent each. 

“After the successful foray into passive fixed income space with the launch of Edelweiss Nifty PSU Bond Plus SDL Index Fund – 2026 in March-21, we are pleased to announce the second in a series – Edelweiss Nifty PSU Bond Plus SDL Index Fund – 2027 fund. Our investors and partners have appreciated the simplicity, transparency, liquidity and low cost of our fixed-income passive funds and we strive to deliver more in future and continue our leadership position. These traditional savings instruments provide safety, stability, and diversification in the investment portfolio and suits need of many investors who today invest in Fixed Deposits,” commented Radhika Gupta, MD and CEO, Edelweiss Asset Management Limited.