Edelweiss Asset Management Ltd, is planning to launch 10-12 products over the next 12 months across the spectrum covering the equity, derivatives and debt.
Jimmy A. Patel, CEO, Edelweiss Asset Management Limited said, “Going ahead, we will be looking at launching 10-12 products over the next one year across the spectrum of equity, derivatives and debt. It is our endeavor to help investors achieve their financial goals through pioneering initiatives and by introducing innovative products and services at regular intervals.”
The company today launched its maiden funds, Edelweiss Liquid Fund & Edelweiss Liquid Plus Fund.
In a statement issues to the BSE, the company said that the new fund offers (NFO) opens today, 1 September, 2008 and closes on 8 September, 2008. The funds will reopen for on-going purchase and redemption from 11 September, 2008.