Edelweiss MF launches maiden liquid, liquid-plus funds

MUMBAI: Edelweiss Asset Management Limited, today announced the launch of its maiden funds--Edelweiss Liquid Fund and Edelweiss Liquid Plus Fund.

Both their New Fund Offers (NFOs) open today and close on September 6, a press release issued here stated.

The funds will re-open for on-going purchase and redemption from September 11 and the benchmark index for both the schemes will be Crisil Liquid Fund Index.

Edelweiss Liquid Fund is rated AAAf by Crisil. Edelweiss Asset Management's CEO, Jimmy A Patel, said that "Going ahead, we will be looking at launching 10-12 products over the next one year across the spectrum of equity, derivatives and debt."