Fund News

Temporarily Restriction of Subscriptions under Edelweiss Arbitrage Fund

Last updated: 08-Jul-2024•News Desk

Effective 11th May 2016, Edelweiss Mutual Fund has decided to temporarily restrict new subscription

Effective 11th May 2016, Edelweiss Mutual Fund has decided to temporarily restrict new subscription in Edelweiss Arbitrage Fund as there's a possibility that further large inflows into the scheme may prove detrimental to the interest of the existing unit holders.

AMC may reject or compulsorily redeem units without prior notice being served to unit holders in the following cases:

Subscription / Switch in application in the scheme amounting to more than ₹2 lacs.
Registration of new Systematic Investment Plan or Systematic Transfer Plan in the scheme of Single Installment amounting to more than ₹2 lacs.

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