Notice No20230301-1Notice Date01 Mar 2023
CategoryTradingSegmentMutual Fund
SubjectChange in Minimum Application & SIP Amount for certain schemes of EDELWEISS Mutual Fund on BSE StAR MF platform
Content

MFIs/MFDs/RIAs/RFDs are hereby informed that we have received communication from EDELWEISS Mutual Fund regarding change in minimum application amount for investment through Lumpsum/Additional purchase and Systematic Investment Plan (SIP) under Monthly frequency for the below Schemes on BSE StAR MF platform with immediate effect.

  • EDELWEISS GOLD AND SILVER ETF FUND OF FUND
  • EDELWEISS CRISIL IBX 50:50 GILT PLUS SDL SHORT DURATION INDEX FUND

Further, as intimated by EDELWEISS AMC, SIP/XSIP/ISIP investment amount range and requirement of minimum installment numbers for above schemes are as below:

SIP FREQUENCY

SIP INVESTMENT AMOUNT RANGE

MINIMUM NUMBER OF INSTALLMENT

MONTHLY

RS. 100 TO RS. 499

60

RS. 500 TO ANY AMOUNT

12

MFIs/MFDs/RIAs/RFDs are also hereby informed that, as confirm by EDELWEISS AMC if SIP’s gets registered on BSE star MF platform for Monthly frequency between above investment amount range, then minimum installment numbers should be selected by members as provided in above table to avoid rejections from AMC/RTA end.

The notice cum addendum issued by EDELWEISS AMC is attached.

 

Ketan Jantre                                                Zeeta Eustace

Sr. General Manager – Mutual Funds       Dy. General Manager – Mutual Funds

Attachments
ADDENDUM.pdf