Edelweiss AMC has launched a Multi-Asset Allocation Fund offering investors diversification across asset classes and a lower LTCG tax compared to traditional fixed income products.
The overall passive debt category has crossed Rs 1.15 lakh crore mark at the industry level – this growth was kickstarted by the launch of the first tranche of the Bharat Bond ETF in December 2019, according to a statement
Bharat Bond ETF will allow investor to invest in AAA rated public sector companies, such as NTPC, NABARD, and REC among others. The new fund offer will remain open till December 8, 2022
Retail investors can use these index funds to create a diversified portfolio with a low expense ratio