Edelweiss Mutual Fund announced merger of funds
Jan 22 2020
News Category: AMC Specific Updates
Edelweiss Mutual Fund announced the merger of Edelweiss Tax Advantage Fund, an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit, which is the transferor scheme, with Edelweiss Long Term Equity Fund (Tax Savings), an open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit, which is the transferee scheme. The record date for the said merger is Feb 26, 2020.a