29
Apr
#EdelweissMFBSEInternetFund The NFO opens on April 25 and closes on May 9. Chandigarh: Edelweiss Mutual Fund has launched Edelweiss BSE Internet Economy Index Fund, an open-ended index fund replicating the BSE Internet Economy Total Return Index. Currently, the index comprises the top 20 companies selected from the BSE 500 based on their six-month average market capitalisation. The index spans 11 sub-industries, including e-retail, internet and catalogue retail, e-learning, digital entertainment, financial technologies and other digitally driven sectors, offering investors targeted exposure to internet-led growth story. Moreover, the index consists only of Internet Economy-linked stocks, having no allocation towards IT and…
