 "Mutual Funds, SIPs, Mutual Fund investors")
Edelweiss Mutual Fund (MF) has announced that it will limit the subscription by way of lump sum and systematic investment plans (SIPs) in Edelweiss Recently Listed IPO Fund.
“Thanks to its unique investment strategy and strong performance since its launch, Edelweiss Recently Listed IPO Fund has quickly grown and has reached a size where we think it is prudent to limit inflows. The limit will allow us to review the liquidity profile of the portfolio and pipeline of upcoming opportunities,” said the fund house in a note.
The fund house has decided to limit the subscriptions by way of lumpsum
