Edelweiss Asset Management Limited, the Investment Manager to Edelweiss Mutual Fund, today announced the launch of Edelweiss Nifty Enhancer Fund#, an open ended equity scheme. The New Fund Offer opens on June 8, 2009 and closes on June 10, 2009. The Fund will re-open for ongoing purchase and redemption from June 29, 2009. The Benchmark Index for the scheme will be S&P CNX Nifty Index. 

The Fund is an innovative and unique fund that aims to consistently outperform its benchmark over a period of time. The fund will, under normal circumstances, be invested in Nifty derivatives, and will look to enhance returns by effectively investing in other available low risk (equity/debt) opportunities. The combined effect of the above will result in “Enhanced” returns.

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About Edelweiss Asset Management Limited
Edelweiss Asset Management Limited (EAML), a subsidiary of Edelweiss Capital Limited is the Investment Manager to Edelweiss Mutual Fund (EMF). Edelweiss Capital Limited, the sponsor of Edelweiss Mutual Fund, is one of the leading and fastest growing financial services company in India. Founded in 1996, Edelweiss Capital, including its subsidiaries, offers a wide array of multi-line solutions including Investment Banking, Brokerage Services - Institutional Equities, Private Client Brokerage and Wealth Management, Asset Management and Loans.

Edelweiss Asset Management Limited constitutes a team of experienced professionals from the financial services industry. The management team is highly qualified and carries a rich experience of working in the mutual fund industry and finance related areas. EAML is committed to “Power your Investment Quotient” by guiding investors with the right knowledge to spot the best investment opportunity. EAML endeavors to offer investors a wide range of solutions across asset classes while following a disciplined and process oriented investment approach to help investors achieve their financial goals.

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