Edelweiss Asset Management announces merger of CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund with Banking and PSU Debt Fund
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Edelweiss Asset Management has released an addendum to the Scheme Information Document (SID) and Key Information Memorandum (KIM) for its mutual fund schemes.
Edelweiss Mutual Fund has stated that Edelweiss Trusteeship Company, the Trustee of Edelweiss Mutual Fund, has approved the merger of the Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund (an open-ended target maturity index fund investing in the CRISIL IBX 50:50 PSU + SDL Index – October 2025) [referred to as the ‘Merging Scheme’] with the Edelweiss Banking and PSU Debt Fund (an open-ended debt scheme primarily investing in debt instruments of banks, Public Sector Undertakings, Public Financial Institutions, and Municipal Bonds) [referred to as the ‘Transferee Scheme’]. The merger will take effect from October 31, 2025 (or the next business day, if the effective date is a non-business day).
This addendum will be an integral part of the SIDs/KIMs of both the Merging Scheme and Transferee Scheme, as may be amended from time to time.
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