NFO Alert: India's digital economy is rapidly expanding and is expected to reach $1 trillion by 2030. Mutual fund investors can now benefit from this digital growth.
Edelweiss Mutual Fund has launched India's first fund that directly invests in the BSE Internet Economy Index. It's called the Edelweiss BSE Internet Economy Index Fund. This is an index-based mutual fund focused on the country's digital revolution.
NFO Open Dates and Investment Commencement
This New Fund Offer (NFO) opened on April 25, 2025, and investors can invest until May 9, 2025.
Best of all – you can start investing with just ₹100, and continue investing in multiples of ₹1 thereafter.
Features of the Digital Economy Fund
- This scheme adopts a passive investment strategy, meaning it follows the index.
- The fund will only invest in stocks related to the internet economy; IT and software companies will not be included in this fund.
- The fund has no lock-in period; however, a 0.10% exit load will apply if you sell units within 30 days.
Who Should Invest?
If you wish to be a part of India's rapidly growing digital economy and aim for long-term capital growth, this fund could be a good option for you.
This fund is suitable for investors who have confidence in themes such as E-commerce, Fintech, E-learning, and Digital Entertainment.
CEO's Statement
Radhika Gupta, MD & CEO of Edelweiss Mutual Fund, stated,
“India's digital economy is growing four times faster than our GDP. We believe investors should be a part of this digital growth.”
