Listen to this article
Edelweiss Mutual Fund has launched Edelweiss Nifty Alpha Low Volatility 30 Index Fund, an open-ended factor-based index fund.
The fund will select 30 stocks from a pool of top 150 listed stocks on NSE, with equal consideration given to both alpha and low volatility factors.
The NFO is open from April 26 to May 10.
In the press release, Radhika Gupta, MD & CEO, Edelweiss MF said, “This fund is an ideal solution for investors seeking to invest in large-cap oriented strategy which can outperform the broader market. This multi-factor approach, blending alpha and low-volatility factors, aims to deliver performance while mitigating volatility, thereby enhancing risk-adjusted returns for investors.”
