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Edelweiss Mutual Fund has collected over Rs 1,000 crore during the NFO of its newly launched Edelweiss Multi Cap Fund. The fund house has received over 65,000 applications.
In a press release, Radhika Gupta, MD & CEO of Edelweiss Mutual Fund said, “We thank our distribution partners and investors for their faith and trust in us. This enthusiastic reception also reaffirms their belief in our experience in successfully managing equity funds over the last 15 years.”
Deepak Jain, Head Sales, Edelweiss Mutual Fund said, “This response for NFO demonstrates the faith of over 65,000 investors and over 3,000 distribution partners from PAN India which played a crucial role in facilitating the fund's exceptional mobilisation. We thank our distribution partners for their support and trust."
The fund aims to generate long-term capital appreciation by investing in a diversified portfolio of equity across large cap, mid cap, and small cap stocks.
