Edelweiss Hybrid Index Fund: Equity and G-Sec in 70:30
Why in the news
A fund house brought out a first-of-its-kind product that blends stocks and government bonds inside one passive scheme.
Key facts
- Launched by: Edelweiss Asset Management Company (AMC).
- Type: hybrid passive index fund of equity and G-Secs, a first for India.
- Split: 70:30, with automatic monthly rebalancing.
- Index followed: Nifty LargeMidcap250 Plus 8-13 year G-Sec index.
Significance
Investors get a diversified, low-cost option holding growth assets and government securities together.
Exam angle
- Fund house: Edelweiss AMC.
- Terms: passive fund, rebalancing, G-Secs, hybrid.