The new fund offer (NFO) will be open for subscription from March 18 to April 1, 2026, according to scheme details shared by the fund house.
The scheme will track the Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index, allocating 70% to equities and 30% to government bonds. The equity portion will mirror the Nifty LargeMidcap 250 Index, while the debt allocation will track the Nifty 8–13 yr G‑Sec Index.
The equity index includes 250 companies — 100 large-cap and 150 mid-cap stocks — representing around 85% of India’s free-float market capitalisation, while the bond component invests in government securities with residual maturities of 8–13 years.
The hybrid index follows a monthly rebalancing framework, automatically restoring the 70:30 allocation between equity and debt.
Objective and structure
According to the scheme information, the fund is an open-ended index scheme that will passively invest in equity and debt securities to replicate the underlying index, subject to tracking error.
The minimum investment during the NFO period is ₹100, with no exit load, while the expense ratio can be up to 1%, the fund house said.
The equity portion of the scheme will be managed by Bhavesh Jain and Bharat Lahoti, while Dhawal Dalal and Hetul Raval will manage the debt allocation.
Fund house view
Commenting on the launch, Radhika Gupta, Managing Director and CEO of Edelweiss MF, said the product aims to combine passive investing with a disciplined asset allocation framework.
She said the fund brings together two asset classes through a rule-based structure and could help provide a relatively smoother investing experience across market cycles.
“The passive funds segment is growing tremendously in India, and we believe this category will add new feathers to the passive solutions available for investors,” Gupta said.
First Published: Mar 13, 2026 8:25 AM IST