India, April 24 -- Edelweiss Mutual Fund has launched a new Open Ended Growth scheme named "Edelweiss Nifty Alpha Low Volatility 30 Index Fund" with maturity period of 0 days from the launch date.

The New Fund Offer (NFO) price for the scheme is Rs 10.00 per unit, which will open for subscription from Apr 26 to May 10, 2024.

According to the offer document filed with SEBI, the entry and exit load is Nil.

The minimum application amount is Rs 100.00 and in multiples of Rs 1 thereafter. The options available under the plan of the scheme are Growth, IDCW, IDCW-Reinvestment.

The fund manager of the scheme will be Bhavesh Jain, while the performance of the scheme will be benchmarked against Nifty Alpha Low Volatility 30.

The investment ob...