Edelweiss Mutual Fund has launched Edelweiss Interval Fund- Monthly Interval Fund - Series 1. It is an interval income scheme. The new issue will be open for subscription from 22 September to 23 September 2008. The NFO price for the fund is Rs 10 per unit. The investment objective of Edelweiss Monthly Interval Fund - Series 1 is to generate regular income through investments in debt & money market instruments. The scheme will offer retail and institutional plan. Each plan will have growth and dividend options. Dividend option shall have reinvestment and payout facility. The minimum investment amount under retail plan is Rs 10,000 and in multiples of Re 1 thereafter. The minimum investment amount under institutional plan is Rs 1 crore and in multiples of Re 1 thereafter
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