| Edelweiss Short Term
Bond Fund (formerly Edelweiss Liquid Plus Fund)
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| Scheme Type:
Open Ended Debt Scheme
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| Investment Objective
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The objective of the Scheme is to provide reasonable returns,
commensurate with moderate level of risk and high degree of liquidity, through
a portfolio constituted of money market and debt instruments.
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| Benchmark Index:
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CRISIL Liquid Fund Index
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| Fund Manager: Mr. Kapil Punjabi
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| Who should invest?
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Short Term Bond Funds are suitable for Investors, who want to
deploy funds for short period, require high liquidity and have a lower risk
appetite.
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| Indicative Investment Horizon : 1
week to 6 months
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| Plans / Options:
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| Plans |
Options
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Sub-options
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Frequency |
| Retail Plan |
Growth / Dividend
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Dividend Reinvestment /
Dividend Payout /
Dividend Sweep
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Reinvestment: Daily /
Weekly / Fortnightly /
Monthly
Payout: Monthly
Sweep: Monthly
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| Institutional Plan |
Growth / Dividend
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Dividend Reinvestment /
Dividend Payout /
Dividend Sweep
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Reinvestment: Daily /
Weekly / Fortnightly /
Monthly
Payout: Monthly
Sweep: Monthly
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| Minimum Application Amount / No. of Units:
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| Plan
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Purchase
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Additional Purchase
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Redemption |
| Retail Plan |
Rs.5,000/- and in
multiples of Re. 1/-
thereafter.
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Minimum of Rs.1,000/- and in
multiples of Re. 1/-thereafter
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Rs.5,000/- & in multiples of
Re. 1/- thereafter.
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| Institutional Plan |
Rs. 1 Crore - and in
multiples of Re. 1/-
thereafter.
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Minimum of Rs.1,00,000/- and in
multiples of Re. 1/- thereafter
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Rs.5,000/- & in multiples of
Re. 1/- thereafter.
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| Load Structure:
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| Entry Load: Nil
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| Exit Load: 0.10% if redeemed before 8th day of the
allotment.
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| Asset Allocation Pattern:
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| Instruments
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Indicative allocation (% of
total assets)
Min. Max.
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Risk Profile
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Money Market
Instruments
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0%
100%
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Low
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Debt instruments
including securitized debts
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0% 100%
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Low to Medium
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*Money Market Instruments include CPs ,commercial
bills, Corporate Debts, T-Bills, and Government securities having an unexpired
maturity upto one year, CDs, usance bills, CBLOs, Repo/ Reverse Repo and any
other like instruments having a maturity of 1 year or less, as specified by the
RBI from time to time.
While it is the intention of the Scheme to maintain the maximum exposure
guidelines provided in the table above, there may be instances when these
percentages may be exceeded. Typically, this may occur while the Scheme is new
and the corpus is small thereby causing diversification issues.
Further,
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The investments in securitised debt papers including Pass
through Certificates (PTCs) may be made upto 50% of the net assets of the
Scheme.
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The Scheme can also take derivative exposure upto 100% of the
net assets of the Scheme.
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The Scheme may engage in Stock Lending. Not more than 25% of
the net assets of the Scheme can generally be deployed in stock lending and not
more than 5% of the Scheme will be deployed in Stock lending to any single
counterparty.
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The Scheme may invest in Foreign Securities upto 35% of net
assets of the Scheme.
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| Cut-off Time and applicable NAV:
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| Operation |
Cut off time |
Applicable ANV |
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Valid Purchase / Redemption applications received on a Business
Day
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Upto 3.00 PM
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The closing NAV of the day of receipt of application
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| After 3.00 PM
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The closing NAV of the next business
day.
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| Irrespective of the time of receipt of application, in
respect of all valid purchase applications with an amount equal to or more than
Rs. 1 crore, NAV applicable will be the closing NAV of the day on which the
funds are available for utilization. |
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| Note: Valid applications for 'switch-out' shall be treated as
applications for Redemption and for 'switch-in' shall be treated as
applications for Purchase, and the provisions of the Applicable NAV and cut-off
time as mentioned above shall be applied respectively to the 'switch-in' and
'switch-out' applications. |
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| Payout schedule for redemption: Within
10 business Days of receiving a valid Redemption request.
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Cheque to be drawn in favor of: "Edelweiss Monthly
Interval Fund – Series 1 & PAN No._______ for Monthly Interval Fund Investment
& Edelweiss Quarterly Interval Fund – Series 1 & PAN No_________ " for
Quarterly Interval Fund Investment
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| Facilities Available:
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Systematic Investment Plan (SIP)
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Systematic Withdrawal Plan (SWP)
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Systematic Transfer Plan (STP)
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Disclaimer from ICRA: The assigned rating 'Credit Risk
Rating mfA1+' is valid only for "Edelweiss Short term bond Fund". The rating of
ICRA is not an opinion on the Asset Management Company's willingness or ability
to make timely payments to the investor. The rating is also not an opinion on
the performance of the Scheme or stability of the NAV of the Scheme, which
could vary with market developments and should not be treated as a
recommendation to buy, sell or hold the units of the Scheme.
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| For details please refer Scheme Information Document. |