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| Scheme Name | 1-Year Return | Invest Now | Fund Category | Expense Ratio |
|---|---|---|---|---|
| Axis Nifty 50 Index Fund | +32.80% | Invest Now | Equity: Large Cap | 0.12% |
| Axis Nifty 100 Index Fund | +38.59% | Invest Now | Equity: Large Cap | 0.21% |
| Axis Nifty Next 50 Index Fund | +71.83% | Invest Now | Equity: Large Cap | 0.25% |
| Axis Nifty 500 Index Fund | — | Invest Now | Equity: Flexi Cap | 0.10% |
| Axis Nifty Midcap 50 Index Fund | +46.03% | Invest Now | Equity: Mid Cap | 0.28% |
The changes take effect from February 27.
The fund house informed unitholders through a notice-cum-addendum.
The affected funds include:
- Edelweiss ASEAN Equity Offshore Fund
- Edelweiss Greater China Equity Offshore Fund
- Edelweiss US Technology Equity Fund of Funds
- Edelweiss Emerging Markets Opportunities Equity Offshore Fund
- Edelweiss Europe Dynamic Equity Offshore Fund
- Edelweiss US Value Equity Offshore Fund
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Edelweiss Mutual Fund imposed the limit as these schemes near the overseas investment cap set on February 1, 2022.
The restriction applies based on the transaction reporting date. Transactions reported before the cut-off time on February 25, 2025, including switch-ins to the affected funds, will not face this limit. Existing systematic transactions like SIPs and STPs remain unaffected.
The fund house will update the relevant sections of the Scheme Information Document (SID) and Key Information Memorandum (KIM). This notice forms an integral part of these documents and overrides conflicting provisions.
All other terms of the SID, KIM, and Statement of Additional Information (SAI) remain unchanged, the fund house said.
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