NFO open for subscription from March 18th to April 1st, 2026

  • India’s first hybrid passive index fund combining equities and government securities through a 70:30 allocation.
  • Designed to combine broad equity exposure with sovereign bond stability through a disciplined passive allocation framework
  • Provides exposure to the Nifty LargeMidcap250 Index alongside sovereign bonds through the Nifty 8–13 yr G-Sec Index.
  • Rule-based strategy with automatic monthly rebalancing to maintain the equity–debt allocation.

Mumbai : Edelweiss Asset Management Company Ltd (Edelweiss MF/ EMF/ EAMC) today announced the launch of the Edelweiss Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index Fund, India’s first hybrid passive index fund that combines equity and government securities within a single rule-based structure. The New Fund Offer (NFO) will be open for subscription from March 18 to April 1, 2026.

The open-ended index scheme seeks to replicate the Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index, which allocates 70% to equities and 30% to government securities. The equity component tracks the Nifty LargeMidcap250 Index, while the debt portion tracks the Nifty 8–13 yr G-Sec Index, creating a portfolio that combines broad equity exposure with the relative stability of sovereign bonds.

The launch comes as the passive investing landscape in India continues to evolve, with regulators enabling new categories of index-based investment strategies. Hybrid passive funds have recently become possible following regulatory approvals and the development of eligible debt indices that meet the required market depth and scale.

Speaking on the launch of the fund, Mrs. Radhika Gupta, MD & CEO, Edelweiss Asset Management Company Ltd, said: “At Edelweiss, we have always believed in bringing simple yet powerful innovative solutions for investors. The Edelweiss Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index Fund is a reflection of that belief. It is the first hybrid passive product in India, combining simplicity and innovation to solve a customer need that has remained unaddressed for decades. The passive funds segment is growing tremendously in India, and we believe this category will add new feathers to the passive solutions available for investors. With two powerful asset classes and a disciplined allocation framework, this fund can work across market cycles to deliver a smoother investing experience for many investors.”

The equity component of the underlying index includes 250 companies across large and mid-cap segments, representing a significant share of India’s free-float market capitalisation. The debt component invests in government securities with residual maturities of 8–13 years, which historically have provided stability and diversification benefits.

Under the indicative asset allocation, the scheme will predominantly invest in securities comprising the Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index, including equity and equity-related instruments forming part of the Nifty LargeMidcap250 Index and government securities forming part of the Nifty 8–13 yr G-Sec Index, subject to tracking error.

The scheme will be managed by Mr. Bhavesh Jain and Mr. Bharat Lahoti for the equity portion, and Mr. Dhawal Dalal and Mr. Hetul Raval for the debt portion.

The scheme is suitable for investors seeking long-term capital appreciation through diversified equity exposure along with the relative stability of government securities, and who are comfortable with market-linked returns. The scheme is classified under the Very High-Risk category.