Edelweiss MF Common Application Form

8/9/2019 Edelweiss MF Common Application Form

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INVESTORS SHOULD NOTE THAT:

This Key Information Memorandum (KIM) sets forth the information, which aprospective investor ought to know before investing. For further details ofthe scheme/Mutual Fund, due diligence certificate by the AMC, KeyPersonnel, investors rights & services, risk factors, penalties & pendinglitigations etc. investors should, before investment, refer to the SchemeInformation Document and Statement of Additional Information available freeof cost at any of the Investor Service Centers or distributors or from thewebsite www.edelweissmf.com

The Scheme particulars have been prepared in accordance with Securitiesand Exchange Board of India (Mutual Funds) Regulations 1996, as amended tilldate, and filed with Securities and Exchange Board of India (SEBI). The unitsbeing offered for public subscription have not been approved or disapprovedby SEBI, nor has SEBI certified the accuracy or adequacy of this KIM.

This KIM is dated December 18, 2009

MUTUAL FUND:Edelweiss Mutual FundRegistered Office: 14th Floor Express Towers,Nariman Point, Mumbai - 400021Corporate Office: 5th Floor, One IndiabullsCentre, Tower 1, 841, Senapati Bapat Marg,Elphinstone Road, Mumbai 400 013www.edelweissmf.com

TRUSTEE:Edelweiss Trusteeship Company Limited.Registered Office: 14th Floor Express Towers,Nariman Point, Mumbai - 400021Corporate Office: 5th Floor, One IndiabullsCentre, Tower 1, 841, Senapati Bapat Marg,Elphinstone Road, Mumbai 400 013

SPONSOR:Edelweiss Capital Limited.14th Floor Express Towers,Nariman Point,Mumbai - 400021www.edelcap.com

INVESTMENT MANAGER:Edelweiss Asset Management Limited.Registered Office: 14th Floor Express Towers,Nariman Point, Mumbai - 400021Corporate Office: 5th Floor, One IndiabullsCentre, Tower 1, 841, Senapati Bapat Marg,Elphinstone Road, Mumbai 400 013

REGISTRAR:Karvy Computershare Private LimitedUnit - Edelweiss Mutual FundKarvy Registry House, H. No. 8-2-596,Avenue - 4, Street No - 1,Banjara Hills, Hyderabad - 500 034Tel No. 040 - 23312454.

KEY INFORMATION MEMORANDUM (KIM)AND COMMON APPLICATION FORM

This KIM can be used for below schemes:

LiquidEdelweiss Liquid Fund

DebtEdelweiss Short Term Bond Fund

Edelweiss Gilt Fund

EquityEdelweiss ELSS Fund

Edelweiss Diversified Growth Equity (E.D.G.E.) Fund

#Edelweiss Nifty Enhancer Fund

Edelweiss Absolute Return Equity Fund

(An Open Ended Liquid Scheme)

(An Open Ended Debt Scheme)

(An Open Ended Gilt Scheme)

(An Open Ended Equity Linked Saving Scheme)

(An Open Ended Equity Scheme)



#S&P and Standard and Poors are trademarks of the McGraw-hill Companies, Inc. (S&P), and have beenlicensed for use by India Index Services & Products Limited in connection with the S&P CNX Nifty Index. The Productis not sponsored, endorsed, sold or promoted by India Index Services & Products Limited ("IISL") or Standard & Poor's,a division of The McGraw-Hill Companies, Inc. ("S&P"). Neither IISL nor S&P makes any representation or warranty,

express or implied, to the owners of the Product or any member of the public regarding the advisability of investingin securities generally or in the Product. Please read the full Disclaimers in relation to the S&P CNX Nifty Index in theOffer Document / Prospectus / Information Statement."

Offer for units at NAV based prices.


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Investment Objective Edelweiss Liquid Fund: The objective of the scheme is to provide optimal returns, commensurate with low risk and high degree of liquidity,through a portfolio constituted of money market & short term debt instruments. However, there is no assurance that the investment objective ofthe scheme will be realized and the scheme does not assure or guarantee any returns.

Edelweiss Short Term Bond Fund: The objective of the scheme is to provide reasonable returns, commensurate with moderate level of riskand high degree of liquidity, through a portfolio constituted of money market and debt instruments. However, there is no assurance that theinvestment objective of the scheme will be realized and the scheme does not assure or guarantee any returns.

Asset Allocation Pattern Edelweiss Liquid Fund:

The Asset Allocation pattern of the scheme under normal circumstances would be as under:

Instruments Indicative allocation (% of total assets) Risk Profile

Min. Max.

Money Market Instruments 0% 100% Low

Debt instruments including securitized debts 0% 50% Low to Medium

The investments in securitised debt papers including Pass through Certificates (PTCs) may be made upto 35% of the net assets of the scheme.The scheme can also take derivative exposure upto 50% of the net assets of the scheme. The scheme may engage in Stock Lending. Not morethan 25% of the net assets of the scheme can generally be deployed in stock lending and not more than 5% of the scheme will be deployed inStock lending to any single counterparty.

(A) Effective May 1, 2009#:

(i) The Liquid scheme shall make investment in/purchase debt and money market securities with maturity of upto 91 days only.

(ii) In case of securities with put and call options (daily or otherwise) the residual maturity shall not be greater than 91 days.

(#For details on Explanatory notes please read SID)

Edelweiss Short Term Bond Fund:


Instruments Indicative allocation (% of total assets) Risk Profile

Min. Max.Money Market Instruments* 0% 100% LowDebt instruments including securitized debts 0% 100% Low to Medium

The investments in securitised debt papers including Pass through Certificates (PTCs) may be made upto 50% of the net assets of the scheme.The scheme can also take derivative exposure upto 100% of the net assets of the scheme. The scheme may engage in Stock Lending. Not morethan 25% of the net assets of the scheme can generally be deployed in stock lending and not more than 5% of the scheme will be deployed inStock lending to any single counterparty. Further the scheme may invest in Foreign Securities upto 35% of net assets of the scheme.

*Money Market Instruments include CPs ,commercial bills, Corporate Debts, T-Bills, and Government securities having an unexpired maturityupto one year, CDs, usance bills, CBLOs, Repo/ Reverse Repo and any other like instruments having a maturity of 1 year or less, as specified bythe RBI from time to time.

Risk Profile Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SAI and respective SID carefully for detailson risk factors and other details before investment. Investment in Liquid & Short Term Bond Fund will involve certain Scheme specific RiskFactors apart from the General Risks mentioned in SAI which are summarized below:

(i) Risk associated with investments in Fixed Income and Money Market Instruments which involve Interest rate risk, Spread risk, Credit risk ordefault risk, Liquidity & Settlement Risk, Reinvestment risk, Performance Risk, Prepayment Risk, Market risk etc.

(ii) Risk associated with investments in Derivatives which involve Credit Risk, Illiquidity Risk etc.

(iii) Risk associated with investments in Stock Lending consists of the failure of another party, to comply with the terms of agreement enteredinto. There can be a loss in such a transaction if the price of the security goes up instead of falling down.

(iv) Scheme may invest in domestic securitized debt such as asset backed securities (ABS) or mortgage backed securities (MBS) whichinvolves risks like Prepayment Risk, Market risk etc.

(v) In case of Short Term Bond Fund, as it invests in Foreign Securities there can be additional risk such as Currency Risk, Political risk etc.

Plans and Options Edelweiss Liquid Fund: The scheme will have three plans viz. Retail Plan, Institutional Plan and Super Institutional Plan with a commonportfolio. Each Plan will have Dividend and Growth Option. Dividend option shall have Daily, Weekly, Fortnightly & Monthly Reinvestment,Monthly Payout* & Monthly Sweep Facility. Default Plan / Option: Retail Plan/Dividend Option /Daily Dividend Reinvestment Facility.

Edelweiss Short Term Bond Fund: The scheme will have two plans viz. Retail Plan & Institutional Plan with a common portfolio. Each Plan willhave Dividend and Growth Option. Dividend option shall have Daily, Weekly, Fortnightly & Monthly Reinvestment, Monthly Payout Facility* &Monthly Sweep Facility. Default Plan/ Option: Retail Plan/Dividend Option /Daily Dividend Reinvestment Facility.

* If the Dividend under Payout option is less than or equal to Rs. 100 then it will be by default reinvested.

Edelweiss Liquid Fund:

Operation Cut off time Applicable NAV

Valid Purchase applications Upto 12.00 noon The closing NAV of the day immediately preceding the day of receipt

received & funds are available of applicationfor utilization on the same day After 12.00 noon The closing NAV of the day immediately preceding the next Business Day

Valid Redemption applications Upto 3.00 p.m. The closing NAV of the day immediately proceeding the next business day.

received After 3.00 p.m. Closing NAV of the next business day shall be applicable.

In respect of valid Purchase Irrespective of the The closing NAV of the day immediately preceding the day on which theapplications accepted on a time of acceptance funds are available for utilization by the Scheme.Business Day and funds are of applicationnot available for utilizationon the day of the application

Note: In case of Liquid Fund, investors are requested to read the Business Day definition given in SID.

Edelweiss Short Term BondFund:

Operation Cut off time Applicable NAV

Valid Purchase/Redemption Upto 3.00 p.m. The closing NAV of the day of receipt of appl icat ion

applications received on a

Business day After 3.00 p.m The closing NAV of the next business day.

Irrespective of the time of receipt of application, in respect of all valid purchase applications with an amount equal to or more thanRs. 1 crore, NAV applicable will be the closing NAV of the day on which the funds are available for utilization.

Note: Valid applications for 'switch-out' shall be treated as applications for Redemption and for 'switch-in' shall be treated as applications forPurchase, and the provisions of the Applicable NAV and cut-off time as mentioned above shall be applied respectively to the 'switch-in' and'switch-out' applications.

EDELWEISS LIQUID FUND &EDELWEISS SHORT TERM BOND FUND

Applicable NAV


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Minimum Application/ Edelweiss Liquid Fund:

Additional Amount Particulars Purchase Additional Purchase Minimum Redemption Amount

Retai l Plan Minimum of Rs. 10, 000/- and in Minimum of Rs. 1,000/- and in

multiples of Re 1/- thereafter. multiples of Re 1/- thereafter.

Institutional Plan Minimum of Rs. 1 Crore and in Minimum of Rs. 1,00,000/- and in Rs. 5,000/- & in multiples of

multiples of Re. 1/- thereafter. multiples of Re. 1/- thereafter. Re. 1/- thereafter.

Super Minimum of Rs. 10 Crore and in Minimum of Rs. 10,00,000/- and in

Institutional Plan multiples of Re. 1/- thereafter. multiples of Re. 1/- thereafter.

Edelweiss Short Term Bond Fund:

Particulars Purchase Additional Purchase Minimum Redemption Amount

Retai l Plan Minimum of Rs. 5,000/- and in Minimum of Rs. 1,000/- and in

multiples of Re 1/- thereafter. multiples of Re 1/- thereafter. Rs. 5, 000/- & in multiples of

Institutional Plan Minimum of Rs.1 Crore and in Minimum of Rs.1,00,000/- and in Re. 1/- thereafter.

multiples of Re. 1/- thereafter. mult iples of Re. 1/- thereafter.

Dispatch of Repurchase Within 10 Business Days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.(Redemption) Proceeds

Benchmark Index CRISIL Liquid Fund Index

The fund reserves the right to change the benchmark for evaluation of the performance of the Scheme from time to time, subject to SEBIRegulations and other prevailing guidelines if any.

Dividend Policy Dividends will be declared subject to availability of distributable surplus and at the discretion of the AMC/Trustee. On payment of Dividends, theNAV will stand reduced by the amount of dividend. The Trustee's decision with regard to availability and adequacy, rate, timing and frequency ofdistribution shall be final. The dividend will be due to only those Unit Holders whose names appear in the Register of Unit Holders in the Dividendoption of the scheme on the record date which will be announced in advance. The Unit Holders have the option of receiving the dividend or

reinvesting the same. The dividend will be reinvested at the first ex-dividend NAV. The AMC shall despatch to the Unit Holders, the dividendwarrants within 30 days of the date of declaration of dividend.

Name of the Fund Manager Mr. Kapil Punjabi

Name of the Trustee Company Edelweiss Trusteeship Company Limited

Performance of the scheme EDELWEISS LIQUID FUND

In case of a scheme in existence, the return figures shall Returns as on November 30, 2009 Scheme Benchmarkbe given for that scheme only, for a scheme which is in Returns% Returns %existence for more than 1 year, the returns give will be Returns for the Last 1 YearCompounded Annual ised Returns and for scheme which is **Edelweiss Liquid Fund - IP- Growth N.A. N.A.in existence for less than 1 year, the returns would be Edelweiss Liquid Fund - Retai l- Growth 4.24 5.55absolute returns since inception. **Edelweiss Liquid Fund - Super IP- Growth N.A. N.A.

*Absolute returns for each financial year for the last 5years shall be represented by means of a bar diagram *Scheme Returns Since Inceptionas per the adjacent format. **Edelweiss Liquid Fund - IP- Growth N.A. N.A.

Edelweiss Liquid Fund - Retail- Growth 5.53 6.34**Edelweiss Liquid Fund - Super IP- Growth N.A. N.A.

*Since the scheme has completed 1 year of existence, the returns provided above in the table are Compounded Annualised returns.**Since there are no investors as on November 30, 2009, the performance of Edelweiss Liquid Fund - IP- Growth and Edelweiss Liquid Fund- Super IP- Growth, has not been provided in the table above.

EDELWEISS SHORT TERM BOND FUND

In case of a scheme in existence, the return figures shall Returns as on November 30, 2009 Scheme Benchmarkbe given for that scheme only, for a scheme which is in Returns% Returns %existence for more than 1 year, the returns give will be Returns for the Last 1 YearCompounded Annualised Returns and for scheme which is Edelweiss Short Term Bond Fund - IP - Growth 6.13 5.55in existence for less than 1 year, the returns would be Edelweiss Short Term Bond Fund - Ret- Growth 5.85 5.55absolute returns since inception.

* Absolute returns for each financial year for the last 5 *Scheme Returns Since Inceptionyears shall be represented by means of a bar diagram Edelweiss Short Term Bond Fund - IP - Growth 7.19 6.34as per the adjacent format. Edelweiss Short Term Bond Fund - Ret- Growth 6.96 6.34

* Since the scheme has completed 1 year of existence, the returns provided above in the table are compounded annualised returns.

Absolute return for each financial year (period- 09-Sep-08 to 31-Mar-09)

4.86

5.18

4.70

4.80

4.90

5.00

5.10

5.20

5.30

Edelweiss Liquid Fund - Retail - Growth

Benchmark

Absolute return for each financial year (period- 09-Sep-08 to 31-Mar-09)

5.24

5.14

5.18

5.08

5.10

5.12

5.14

5.16

5.18

5.20

5.22

5.24

5.26

Edelweiss Short Term Fund - IP - Growth

Edelweiss Short Term Fund - Retail - Growth

Benchmark


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Expenses of the Scheme (i) Load Structure:Entry Load In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated

June 30, 2009 no entry load will be charged for purchase / additional purchase / switch-in accepted by the Fundwith effect from August 01, 2009. Similarly, no entry load will be charged with respect to applications forregistrations under systematic investment plans/ systematic transfer plans accepted by the Fund with effect fromAugust 01, 2009.The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder directly by theinvestor, based on the investors assessment of various factors including service rendered by the ARN Holder.

Exit Load** Edelweiss Liquid Fund: NilEdelweiss Short Term Bond: 0.10% if redeemed before 8th day of the allotment.**With effect from August 01, 2009, exit load/ CDSC (if any) up to 1% of the redemption value charged to the unitholder by the Fund on redemption of units shall be retained by each of the schemes in a separate account and willbe utilized for payment of commissions to the ARN Holder and to meet other marketing and selling expenses. Anyamount in excess of 1% of the redemption value charged to the unit holder as exit load/ CDSC shall be credited tothe respective scheme immediately.

(ii) Recurring expenses:As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can be charged tothe Scheme shall be subject to a percentage limit of average weekly net assets as given in the table below. Subject to the SEBI Regulations,expenses over and above the prescribed ceiling will be borne by AMC.

First Rs. 100 Crores* Next Rs. 300 Crores* Next Rs. 300 Crores* Over Rs. 700 Crores*2.25% 2.00% 1.75% 1.50%

* of the average weekly net assets(iii) Actual Expenses for the Financial Year 2008-2009

Edelweiss Liquid Fund Edelweiss Short Term Bond FundRegular Institutional Super- Institutional Regular Institutional

Total Expense as % of 0.48% 0.08% 0.19% 0.44% 0.18%Average AUM (planwise)

Waiver of Entry Load In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009 no entry load willbe charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, no entry load will becharged with respect to applications for registrations under systematic investment plans/ systematic transfer plans accepted by the Fund witheffect from August 01, 2009.

The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder directly by the inves tor , based on theinvestors assessment of various factors including service rendered by the ARN Holder.

Tax treatment for the Investors Investor is advised to refer to the details in the Statement of Additional Information and also independently refer to his tax advisor.(Unitholders)

Daily Net Asset Value (NAV) The NAV will be declared on all calendar days for Liquid Fund and on all Business Days for Short Term Bond Fund and will be publishedPublication in two newspapers. NAV can also be viewed onwww.edelweissmf.com and www.amfiindia.com. Investors can also call up at our toll free

number 1800 425 0090 (MTNL/BSNL) and non toll free number 04023310090 for non MTNL/BSNL land line, mobile users andinvestors outside India.

For Investor Grievances Name and Address of Registrar Name and Address of Corporate office of Edelweiss Asset Management Ltd.

please contact Karvy Computershare Private Limited 5th Floor, One Indiabulls Centre, Tower 1, 841,

Unit - Edelweiss Mutual Fund Senapati Bapat Marg, Elphinstone Road,

Avenue - 4, Street No - 1, Mumbai - 400 013Email : [email protected]. Tel - 022 4097 9821

Banjara Hills, Hyderabad - 500 034 Fax - 40979878

Tel No. 040 - 23312454. Customer Service Center:

Toll free number : 1800 425 0090

Alternate Number: 040-23310090.

For non MTNL/BSNL land line, mobile users and investors outside India.

Unitholders Information Account Statements: Account Statement stating the number of Units will be sent by ordinary post and /or electronic mail (if so mandated) toUnit Holders within the following periods:

New or additional subscription as well as Redemption/ Switch of Units: As per SEBI Regulations, AMC is required to dispatch theaccount statement reflecting the new or additional units as well as redemption/ switch of units to the unit holder' address/email id asmandated in the application form within 30 days from the date of receipt of request from the unit holder or from the date of any transaction.

For SIP/STP: Within 10 working days from the end of quarter/initial investment.

Annual Account Statement: The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during thelast six months prior to the date of generation of Account Statements. The Account Statements in such cases may be generated and issuedalong with the Portfolio Statement or Annual Report of the scheme. Alternately, soft copy of the Account Statements shall be mailed to theinvestors e-mail address, instead of physical statement, if so mandated. For more details, please refer the Statement of AdditionalInformation (SAI) and Scheme Information Document (SID).

Annual Financial Results: The scheme wise annual report or an abridged summary thereof shall be mailed (e-mailed if opted/requested) to allUnit holders not later than four months from the date of closure of the relevant accounting year and full annual report shall be available forinspection at the Head Office of the Mutual Fund and copy shall be made available to the Unit Holders on request on payment of nominal fees, ifany. These results shall also be displayed on the website on the Mutual Fund on www.edelweissmf.com and Association of Mutual Funds inIndia (AMFI) on www.amfiindia.com.

Half yearly portfolio Results: Full portfolio in the prescribed format shall be disclosed either by publishing it in one national English dailynewspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the MutualFund is situated or by sending it to the Unit Holders within one month from the end of each half-year. It is also displayed onwww.edelweissmf.com.


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Plans and Options

Applicable NAV

Dispatch of Repurchase(Redemption) Proceeds

Minimum Application /

Additional Amount

EDELWEISS GILT FUND

Investment Objective The investment objective of the scheme is to generate income and capital appreciation by investing predominantly in securities issued by theGovernment of India or State Governments. However, there is no assurance that the investment objective of the scheme will be realized and thescheme does not assure or guarantee any returns.


Instruments Indicative allocation(% of total assets) Risk Profile

Min. Max.

Government Securities 65% 100% Sovereign

Debt and Money Market Instrument* 0% 35% Low

*Money Market Instruments include CPs, CDs, Corporate Debts, T-Bills, and Government securities with an unexpired maturity upto one year,commercial bills, usance bills, CBLOs, Repo/ Reverse Repo and any other like instruments with a maturity of upto 1 year or less, as specified bythe RBI from time to time.

While it is the intention of the scheme to maintain the maximum exposure guidelines provided in the table above, there may be instances whenthese percentages may be exceeded. Typically, this may occur while the scheme is new and the corpus is small thereby causing diversificationissues.

Further,

The scheme can also take derivative exposure upto 100% of the net assets of the scheme.

The investments in securitised debt papers including Pass through Certificates (PTCs) may be made upto 35% of the net assets of thescheme.

The scheme may invest in Foreign Securities upto 35% of the Permissible Investments of net assets of the scheme.

The scheme may engage in Stock Lending. Not more than 25% of the net assets of the scheme can generally be deployed in stock lending

and not more than 5% of the scheme will be deployed in Stock lending to any single counterparty.Mutual Fund investments are subject to market risks. Please read the Scheme Information Document carefully for details on risk factors beforeinvestment. Mutual Fund Units involve investment risks including the possible loss of principal. Investment in Edelweiss Gilt Fund will involvecertain scheme specific risk factors apart from the general risks mentioned in SAI which are summarized below:

(i) Risk associated with investments in Fixed Income and Money Market Instruments which involves Price/ Interest rate Risk, Spread Risk,Sovereign Risk, Credit Risk or Default Risk, Liquidity & Settlement Risk, Reinvestment Risk, Performance Risk, Prepayment Risk, MarketRisk etc.

(ii) Risk associated with investments in Derivatives which involve Credit Risk, Illiquidity Risk etc.

(iii) Risk associated with investments in Stock Lending consists of the failure of another party, to comply with the terms of agreement enteredinto. There can be a loss in such a transaction if the price of the security goes up instead of falling down.

(iv) Scheme may invest in domestic securitized debt such as asset backed securities (ABS) or mortgage backed securities (MBS) whichinvolves risks like Prepayment Risk, Market Risk etc.

(v) Scheme may invest in Foreign Securities there can be additional risk such as Currency Risk, Political risk etc.

The scheme will have a Single Plan with Dividend and Growth Option. Dividend Option shall have Reinvestment, Payout & Sweep Facility. Incase, if the investor fails to mention the Option at the time of investing, it will be deemed that the investor has opted for Growth Option. In case, ifthe investor selects Dividend Option but fails to mention facility, it will be deemed that the investor has opted for Dividend Reinvestment Facility.

Note: If the Dividend under Payout option is less than or equal to Rs.100 then it will be by default Reinvested.

(a) Cut off Timing for Subscriptions:

In respect of valid purchase applications accepted at an Investor Service Centers upto 3.00 p.m. with a local cheque or demand draftpayable at par at the place where it is received - closing NAV of the day of receipt of application;

In respect of valid purchase applications accepted at an Investor Service Centers after 3.00 p.m. with a local cheque or demand draftpayable at par at the place where it is received - closing NAV of the next Business Day ;

and Where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received- closing NAV of day on which the cheque or demand draft is credited.

(b) Cut off Timing for Redemptions:

In respect of valid applications received upto 3.00 p.m. by the Investor Service Centers - closing NAV of the day of receipt of application. In respect of valid applications received after 3.00 p.m. by the Investor Service Centers - closing NAV of the next Business Day shall be

applicable.

Note:

1. Valid applications for 'switch-out' shall be treated as applications for Redemption and for 'switch-in' shall be treated as applications forPurchase, and the provisions of the Applicable NAV and cut-off time as mentioned above shall be applied respectively to the 'switch-in' and'switch-out' applications.

2. Irrespective of the time of receipt of application, in respect of all valid purchase applications with an amount equal to or more thanRs. 1 crore, NAV applicable will be the closing NAV of the day on which the funds are available for utilization.

3. In case of switch transactions from one scheme to another the allocation shall be in line with redemption payouts.

4. Clauses (a) and (b) shall apply to sweep transactions as if they were purchase transactions and to reverse sweep transactions as if theywere repurchase transactions.

Purchase Additional Purchase Minimum Redemption Amount

Minimum of Rs. 5,000/- and in Minimum of Rs. 1,000/- and in Minimum of Rs. 1,000/- and inmultiples of Re. 1/- thereafter. multiples of Re. 1/-thereafter. multiples of Re. 1/- thereafter.

Within 10 business days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.

Asset Allocation Pattern

Risk Profile


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For Investor Grievances pleasecontact

Name and Address of Registrar

Karvy Computershare Private LimitedUnit - Edelweiss Mutual FundKarvy Registry House, H. No. 8-2-596,Avenue - 4, Street No - 1,Banjara Hills, Hyderabad - 500 034Tel No. 040 - 23312454.

Name and Address of Corporate office of Edelweiss Asset Management Ltd.

5th Floor, One Indiabulls Centre, Tower 1, 841, Senapati Bapat Marg,Elphinstone Road, Mumbai - 400 013 Tel - 022 4097 9821 Fax - 40979878

Email : [email protected].

Customer Service Center:

Toll free number : 1800 425 0090 Alternate Number: 040-23310090.


Unitholders Information Account Statements: Account Statement stating the number of Units will be sent by ordinary post and /or electronic mail (if so mandated) to UnitHolders within the following periods: New or additional subscription as well as Redemption/ Switch of Units: As per SEBI Regulations, AMC is required to dispatch the

account statement reflecting the new or additional units as well as redemption/ switch of units to the unit holder' address/email id asmandated in the application form within 30 days from the date of receipt of request from the unit holder or from the date of any transaction.

For SIP/STP: Within 10 working days from the end of quarter/initial investment. Annual Account Statement: The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the

last six months prior to the date of generation of Account Statements. The Account Statements in such cases may be generated and issuedalong with the Portfolio Statement or Annual Report of the Scheme. Alternately, soft copy of the Account Statements shall be mailed to theinvestors e-mail address, instead of physical statement, if so mandated. For more details, please refer the Statement of AdditionalInformation (SAI) and Scheme Information Document.

Annual Financial Results: The Scheme wise annual report or an abridged summary thereof shall be mailed (e-mailed if opted/requested) to allUnit holders not later than four months from the date of closure of the relevant accounting year and full annual report shall be available forinspection at the Head Office of the Mutual Fund and copy shall be made available to the Unit Holders on request on payment of nominal fees, ifany. These results shall also be displayed on the website on the Mutual Fund on www.edelweissmf.com and Association of Mutual Funds in India(AMFI) on www. amfiindia.comHalf yearly portfolio Results: Full portfolio in the prescribed format shall be disclosed either by publishing it in one national English dailynewspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fundis situated or by sending it to the Unit Holders within one month from the end of each half-year. It is also displayed on www.edelweissmf.com

EDELWEISS GILT FUND

I-Sec Composite Gilt Index

The fund reserves the right to change the benchmark for evaluation of the performance of the scheme from time to time, subject to SEBIRegulations and other prevailing guidelines, if any.

Dividends will be declared subject to availability of distributable surplus and at the discretion of the AMC/Trustee. On payment of Dividends, theNAV will stand reduced by the amount of dividend and statutory levy, if any.

Mr. Kapil Punjabi

Edelweiss Trusteeship Company Limited

In case of a scheme in existence, the return figures shall be *Scheme Returns Since Inception till Scheme Benchmark

given for that scheme only, for a scheme which is in existence November 30, 2009 Returns% Returns %for more than 1 year, the returns give will be Compounded Edelweiss Gilt Fund- Growth -0.08 0.52Annualised Returns and for scheme which is in existence forless than 1 year, the returns would be absolute returnssince inception.

*Absolute returns for each financial year for the last 5 yearsshall be represented by means of a bar diagram as per theadjacent format.

* Since the Scheme has not completed 1 year of existence, the returns provided above in the table are absolute returns. Further, since thescheme is not in existence for any complete financial year, the bar diagram has not been provided.

(i) Load Structure:

Entry Load: In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009no entry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly,no entry load will be charged with respect to applications for registrations under systematic investment plans/ systematic transfer plans

accepted by the Fund with effect from August 01, 2009.The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder directly by the investor, based on theinvestors assessment of various factors including service rendered by the ARN Holder.

Exit Load*:

Upto 7 days - 0.10%

Above 7 days - Nil

*With effect from August 01, 2009, exit load/ CDSC (if any) up to 1% of the redemption value charged to the unit holder by the Fund onredemption of units shall be retained by each of the schemes in a separate account and will be utilized for payment of commissions to theARN Holder and to meet other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unitholder as exit load/ CDSC shall be credited to the respective scheme immediately.

(ii) Recurring expenses:

As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can becharged to the scheme shall be subject to a percentage limit of average weekly net assets as given in the table below. Subject to the SEBIRegulations, expenses over and above the prescribed ceiling will be borne by AMC.

First Rs. 100 Crores Next Rs. 300 Crores Next Rs. 300 Crores Over Rs. 700 Crores

2.25% 2.00% 1.75% 1.50%

In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009 no entry load will becharged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, no entry load will becharged with respect to applications for registrations under systematic investment plans/ systematic transfer plans accepted by the Fund witheffect from August 01, 2009.

The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder directly by the investor, based on theinvestors assessment of various factors including service rendered by the ARN Holder.

Investor will be advised to refer to the details in the Statement of Additional Information and also independently refer to his tax advisor.

The NAV will be declared on all Business Days and will be published in two newspapers. NAV can also be viewed on www.edelweissmf.com andwww.amfiindia.com. Investors can also call up at our toll free number 1800 425 0090 (MTNL/BSNL) and non toll free number 040 23310090 for

non MTNL/BSNL land line, mobile users and investors outside India.

Name of the Fund Manager

Name of the Trustee Company

Performance of the Scheme

Expenses of the Scheme

Dividend Policy

Benchmark Index

Daily Net Asset Value (NAV)Publication

Tax treatment for the Investors(Unitholders)

Waiver of Entry Load


7/28

EDELWEISS ELSS FUND

The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periodsfrom a portfolio that invests predominantly in equity and equity related instruments.

However, there is no assurance that the investment objective of the scheme will be realized and the scheme does not assure or guarantee anyreturns.


Asset Class Allocation (% of Corpus) Risk Profile

Equity & Equity related instruments 80% - 100% High

Short Term Debt & Money Market instruments* 0% - 20% Low to Medium

*Money Market Instruments include CPs, commercial bills, Corporate Debt, T-Bills, and Government securities having an unexpired maturityupto one year, CDs, usance bills, CBLOs, Repo/ Reverse Repo and any other like instruments having a maturity of 1 year or less, as specified bythe RBI from time to time. Short Term Debt instruments include debt instruments with daily to monthly put/call options, debt instruments withmaturity less than one year and other like debt instruments.

Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors beforeinvestment. Investment in this Scheme will involve certain Scheme specific Risk Factors apart from the General Risks mentioned in SAI/SIDwhich are summarized below:

1. Due to the lock in requirements under ELSS Guidelines, the ability of investors to realise returns is restricted for the first three years.

2. The scheme proposed to invest in Equity & Equity related instruments. Investment in such instruments involve risks such as Liquidity Risk,Risks related to Capital Markets, Macro Factors Risk, Price Risk, Execution Risk, Redemption Risk, Substantial Holding Risk, NAV belowpar.

3. Risk associated with investments in Fixed Income and Money Market Instruments which involve Interest rate risk, Spread risk, Credit risk ordefault risk, Liquidity & Settlement Risk, Reinvestment risk, Performance Risk, Prepayment Risk, Market risk etc.

4. Scheme may invest in domestic securitized debt such as asset backed securities (ABS) or mortgage backed securities (MBS) whichinvolves risks like Prepayment Risk, Market risk etc.

The scheme will have a Single Plan (ELSS Plan) with Dividend and Growth Option. Dividend option shall have Reinvestment, Payout & SweepFacility. The AMC reserves the right to introduce further Plans / Options, as and when deemed fit.

In case, if the investor fails to mention the Option at the time of investing, it will be deemed that the investor has opted for Growth Option. In case,if the investor selects Dividend Option but fails to mention facility, it will be deemed that the investor has opted for dividend reinvestment facility.

Note: 1. Investors should note that till the units in the Plan are locked-in, only dividend reinvestment option will be available to the investorsopting for Dividend Plan.

2. If the Dividend under Payout option is less than or equal to Rs.100 then it will be by default Reinvested.

(a) Cut off Timing for Subscriptions

In respect of valid purchase applications accepted at an Investor Service Center upto 3.00 p.m. with a local cheque or demand draft payableat par at the place where it is received - closing NAV of the day of receipt of application;

In respect of valid purchase applications accepted at an Investor Service Center after 3.00 p.m. with a local cheque or demand draft payableat par at the place where it is received - closing NAV of the next Business Day ; and

Where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received closingNAV of day on which the cheque or demand draft is credited.


In respect of valid applications received upto 3.00 p.m. by the Investor Service Center, the closing NAV of the day of receipt of application.

In respect of valid applications received after 3.00 p.m. by the Investor Service Center, closing NAV of the next Business Day shall beapplicable.



Minimum of Rs. 500/- per application Minimum of Rs. 500/- per application Minimum of Rs. 500* per application

& in multiples of Rs. 500/- & in multiples of Rs. 500/-

* Redemption of Units can be made only after a period of 3 years of lock-in period from the date of allotment of the Units proposed to beredeemed.

Within 10 Business Days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.

#S & P CNX Nifty

The fund reserves the right to change the benchmark for evaluation of the performance of the Scheme from time to time, subject to SEBIRegulations and other prevailing guidelines if any.

#S&P and Standard and Poors are trademarks of the McGraw-hill Companies, Inc. (S&P), and have been licensed for use by India Index Services &Products Limited in connection with the S&P CNX Nifty Index. The Product is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited("IISL") or Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P"). Neither IISL nor S&P makes any representation or warranty, express orimplied, to the owners of the Product or any member of the public regarding the advisability of investing in securities gene rally or in the Product. Please read the fullDisclaimers in relation to the S&P CNX Nifty Index in the Offe r Document / Prospectus / Information Statement.

Dividends will be declared subject to availability of distributable surplus and at the discretion of the AMC/Trustee. On payment of Dividends, theNAV will stand reduced by the amount of dividend.

Mr. Tarbir Shahpuri


Investment Objective


Risk Profile

Plans and Options

Applicable NAV

Minimum Application /Additional Amount


Benchmark Index

Dividend Policy




8/28

EDELWEISS ELSS FUND

Unitholders Information Account Statements: Account Statement stating the number of Units will be sent by ordinary post and /or electronic mail (if so mandated) toUnit Holders within the following periods: New or additional subscription as well as Redemption/ Switch of Units: As per SEBI Regulations, AMC is required to dispatch the

account statement reflecting the new or additional units as well as redemption/ switch of units to the unit holder' address/email id as mandatedin the application form within 30 days from the date of receipt of request from the unit holder or from the date of any transaction.

For SIP/STP: Within 10 working days from the end of quarter/initial investment. Annual Account Statement:The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the

last six months prior to the date of generation of Account Statements. The Account Statements in such cases may be generated and issuedalong with the Portfolio Statement or Annual Report of the scheme. Alternately, soft copy of the Account Statements shall be mailed to theinvestors e-mail address, instead of physical statement, if so mandated. For more details, please refer the Statement of AdditionalInformation (SAI) and Scheme Information Document (SID).

Annual Financial Results: The scheme wise annual report or an abridged summary thereof shall be mailed (e-mailed if opted/requested) to allUnit holders not later than four months from the date of closure of the relevant accounting year and full annual report shall be available forinspection at the Head Office of the Mutual Fund and copy shall be made available to the Unit Holders on request on payment of nominal fees, ifany. These results shall also be displayed on the website on the Mutual Fund on www.edelweissmf.com and Association of Mutual Funds inIndia (AMFI) on www.amfiindia.com.Half yearly portfolio Results: Full portfolio in the prescribed format shall be disclosed either by publishing it in one national English dailynewspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fundis situated or by sending it to the Unit Holders within one month from the end of each half-year. It is also displayed on www.edelweissmf.com.

In case of a scheme in existence, the return figures shall begiven for that scheme only, for a scheme which is in existence Inception tillfor more than 1 year, the returns give will be Compounded November 30, 2009Annualised Returns and for scheme which is in existence forless than 1 year, the returns would be absolute returns Edelweiss ELSS Fund - 69.40 68.91since inception. Growth

* Absolute returns for each financial year for the last 5 yearsshall be represented by means of a bar diagram as per theadjacent format.

* Since the Scheme has not completed 1 year of existence, the returns provided above in the table are absolute returns.

(i) Load Structure:

Entry Load: In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009 noentry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, noentry load will be charged with respect to applications for registrations under systematic investment plans/ systematic transfer plansaccepted by the Fund with effect from August 01, 2009.

The upfront commission on investment made by the investor, if any, shall be paid to the ARN Holder directly by the investor, based on the

investors assessment of various factors including service rendered by the ARN Holder.

Exit Load*: Nil



As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can be chargedto the Scheme shall be subject to a percentage limit of average weekly net assets as given in the table below. Subject to the SEBIRegulations, expenses over and above the prescribed ceiling will be borne by AMC.

First Rs. 100 Crores* Next Rs. 300 Crores* Next Rs. 300 Crores* Over Rs. 700 Crores*

2.50% 2.25% 2.00% 1.75%

* of the average weekly net assets

(iii) Actual Expenses for the Financial Year 2008-2009

Edelweiss ELSS FundTotal Expense as % of Average AUM 1.28%



Investor is advised to refer to the details in the Statement of Additional Information and also independently refer to his tax advisor.

The NAV will be declared on all Business Days and will be published in two newspapers. NAV can also be viewed on www.edelweissmf.com andwww.amfiindia.com. Investors can also call up at our toll free number 1800 425 0090 (MTNL/BSNL) and non toll free number 04023310090 fornon MTNL/BSNL land line, mobile users and investors outside India.

*Scheme Returns Since Scheme Returns% Benchmark Returns %Performance of the scheme



Tax treatment for the Investors

(Unitholders)

Daily Net Asset Value (NAV)

Publication

Name and Address of Corporate office of Edelweiss Asset Management Ltd.5th Floor, One Indiabulls Centre, Tower 1, 841, Senapati Bapat Marg,

Elphinstone Road, Mumbai - 400 013

Tel - 022 4097 9821 Fax - 40979878 Email : [email protected].

Customer Service Center:

Toll free number : 1800 425 0090 Alternate Number: 040-23310090.


Name and Address of RegistrarKarvy Computershare Private Limited

Unit - Edelweiss Mutual Fund

Karvy Registry House, H. No. 8-2-596,

Avenue - 4, Street No - 1, Banjara Hills,Hyderabad - 500 034

Tel No. 040 - 23312454.


Absolute return for each financial year (period - 30-Dec-08 to 31-Mar-09)

Edelweiss ELSS Fund - Growth

Benchmark

6.40

-2.04-3.00-2.00-1.000.001.002.003.004.005.006.007.00


9/28


Risk Profile

Plans and Options

Applicable NAV



Benchmark Index

EDELWEISS DIVERSIFIED GROWTH EQUITY (E.D.G.E.) FUND

The primary objective of the fund is to generate long term capital growth from a diversified portfolio, investing predominantly in equity and equityrelated securities.


Under normal circumstances, the anticipated asset allocation would be:


Equity & Equity related instruments 65% - 100% Medium to High

Debt & Money Market instruments* 0% - 35% Low to Medium

*Money Market Instruments include CPs ,commercial bills, Corporate Debt, T-Bills, and Government securities having an unexpired maturity upto one year, CDs, usance bills, CBLOs, Repo/ Reverse Repo and any other like instruments having a maturity of 1 year or less, as specified bythe RBI from time to time.

Further,

The investments in securitised papers including Pass through Certificates (PTCs) may be made upto 35% of the net assets of the Scheme.

The scheme can also take derivative exposure upto 50 % of the net assets of the Scheme.

The scheme may engage in Stock Lending. Not more than 25% of the net assets of the scheme can generally be deployed in stock lendingand not more than 5% of the net assets of the scheme will be deployed in Stock lending to any single counterparty.

The Scheme may invest in Foreign Securities upto 35% of the Permissible Investments of net assets of the Scheme.

Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors beforeinvestment. Investment in this scheme will involve certain Scheme specific Risk Factors apart from the General Risk mentioned in SAI/SID whichare summarized below:

Equity And Equity Related Instruments: The value of the schemes investments may be affected generally by factors, such as price and

volume volatility in the capital markets, Settlement periods, liquidity risk or execution risk or redemption risk or the risk of NAV going below parvalue

Derivatives: Derivative products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to theinvestor. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager maynot always be profitable. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated withinvesting directly in securities and other traditional investments.

ADRs/GDRs and Foreign Securities: Subject to necessary approvals and within the investment objective of the scheme, the scheme mayinvest in overseas markets which carry risks related to fluctuations in the foreign exchange rates, the nature of the securities market of thecountry, repatriation of capital due to exchange controls and political circumstances

Fixed Income and Money Market Instruments: It involves Interest rate risk, Spread risk, Credit risk or default risk, Liquidity & Settlement risk,Reinvestment risk, Performance risk, Prepayment risk, Market risk.

The scheme will have three Plans i.e. Plan A, Plan B, Plan C with common portfolio & will have Dividend and Growth Option. Dividend Optionshall have Reinvestment, Payout & Sweep Facility. Each Plan represents interest in the same portfolio of investments and is identical in allrespects to each other Plan, except for differences relating to annual recurring expenses, minimum subscription amount to be brought in by theinvestors applying for the units in the Scheme.

Default Plan: If the Investor fails to mention any Plan - Plan A.

Default Option: If the investor does not clearly specify the choice of Option at the time of investing, it will be deemed that the investor has opted forGrowth Option. In case, if the investor selects Dividend Option but fail to mention facility, it will be deemed that the investor has opted fordividend reinvestment facility. The AMC reserves the right to introduce further Plans / Options as and when deemed fit.



In respect of valid purchase applications accepted at an Investor Service Center upto 3.00 p.m. with a local cheque or demand draft payableat par at the place where it is received - closing NAV of the day of receipt of application;

In respect of valid purchase applications accepted at an Investor Service Center after 3.00 p.m. with a local cheque or demand draft payableat par at the place where it is received - closing NAV of the next Business Day ; and

Where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it is received -closing NAV of day on which the cheque or demand draft is credited.


In respect of valid applications received upto 3.00 p.m. by the Investor Service Center, the closing NAV of the day of receipt of application. In respect of valid applications received after 3.00 p.m. by the Investor Service Center, closing NAV of the next Business Day shall be

applicable.


Particulars Minimum Application Addit ional Minimum Minimum RedemptionAmount Purchase Amount Amount

Plan A Rs. 1,000/- and multiples of Re. 1 In all Plans is Rs. 1,000 Minimum of Rs. 1, 000/- & in

Plan B Rs. 5,000/- and multiples of Re. 1 and multiples of Re. 1 multiples of Re. 1/- thereafter

Plan C Rs. 10,000/- and multiples of Re 1

Within 10 Business days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.

#

S & P CNX Nifty

The Fund reserves the right to change the benchmark for evaluation of the performance of the scheme from time to time, subject to SEBIRegulations and other prevailing guidelines if any.

#S&P and Standard and Poors are trademarks of the McGraw-hill Companies, Inc. (S&P), and have been licensed for use by India Index Services &Products Limited in connection with the S&P CNX Nifty Index. The Product is not sponsored, endorsed, sold or promoted by India Index Services & Products Limited("IISL") or Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P"). Neither IISL nor S&P makes any representation or warranty, express orimplied, to the owners of the Product or any member of the public regarding the advisability of investing in securities gener ally or in the Product. Please read the fullDisclaimers in relation to the S&P CNX Nifty Index in the Offer Document / Prospectus / Information Statement.



10/28

Performance of the scheme

EDELWEISS DIVERSIFIED GROWTH EQUITY (E.D.G.E.) FUND


5th Floor, One Indiabulls Centre, Tower 1, 841, Senapati Bapat Marg, ElphinstoneRoad, Mumbai - 400 013 Tel - 022 4097 9821 Fax - 40979878Email : [email protected].

Customer Service Center:Toll free number : 1800 425 0090 Alternate Number: 040-23310090.For non MTNL/BSNL land line, mobile users and investors outside India.




Account Statements: Account Statement stating the number of Units will be sent by ordinary post and /or electronic mail (if so mandated) toUnit Holders within the following periods: New or additional subscription as well as Redemption/ Switch of Units: As per SEBI Regulations, AMC is required to dispatch the


For SIP/STP: Within 10 working days from the end of quarter/initial investment. Annual Account Statement: the Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the

last six months prior to the date of generation of Account Statements. The Account Statements in such cases may be generated and issuedalong with the Portfolio Statement or Annual Report of the Scheme. Alternately, soft copy of the Account Statements shall be mailed to theinvestors e-mail address, instead of physical statement, if so mandated. For more details, please refer the Statement of AdditionalInformation (SAI) and Scheme Information Document.

Annual Financial Results: The Scheme wise annual report or an abridged summary thereof shall be mailed (e-mailed if opted/requested) to allUnit holders not later than four months from the date of closure of the relevant accounting year and full annual report shall be available forinspection at the Head Office of the Mutual Fund and copy shall be made available to the Unit Holders on request on payment of nominal fees, ifany. These results shall also be displayed on the website on the Mutual Fund on www.edelweissmf.com and Association of Mutual Funds inIndia (AMFI) on www. amfiindia.comHalf yearly portfolio Results: Full portfolio in the prescribed format shall be disclosed either by publishing it in one national English dailynewspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fundis situated or by sending it to the Unit Holders within one month from the end of each half-year. It is also displayed on www.edelweissmf.com

Unitholders Information


Daily Net Asset Value (NAV)Publication



Mr. Tarbir Shahpuri


In case of a scheme in existence, the return figures shall be *Scheme Returns Since Inception till Scheme Benchmarkgiven for that scheme only, for a scheme which is in existence November 30 2009 Returns% Returns %for more than 1 year, the returns give will be Compounded Edelweiss Diversified Growth Equity Fund - 25.60 17.85Annualised Returns and for scheme which is in existence for Plan A - Growthless than 1 year, the returns would be absolute returns Edelweiss Diversified Growth Equity Fund - 25.80 17.85

since inception. Plan B - Growth*Absolute returns for each financial year for the last 5 years Edelweiss Diversified Growth Equity Fund - 26.00 17.85shall be represented by means of a bar diagram as per the Plan C - Growthadjacent format.

*Since the Scheme has not completed 1 year of existence, the returns provided above in the table are absolute returns. Further, since thescheme is not in existence for any complete financial year, the bar diagram has not been provided.

(i) Load Structure:

Entry Load: In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009 noentry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, noentry load will be charged with respect to applications for registrations under systematic investment plans/ systematic transfer plansaccepted by the Fund with effect from August 01, 2009.


Exit Load*:

Under Normal Circumstances:

Upto 30 days - 1%

Above 30 days - NIL

Under Expiry Day Trigger Facility:

Upto 30 days - 0.50%

Above 30 days - NIL



As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can be chargedto the Scheme shall be subject to a percentage limit of average weekly net assets as given in the table below. Subject to the SEBI

Regulations, expenses over and above the prescribed ceiling will be borne by the AMC.First Rs. 100 Crores Next Rs. 300 Crores Next Rs. 300 Crores Over Rs. 700 Crores

2.50% 2.25% 2.00% 1.75%

The AMC reserves the right to charge differential expenses across various plans.




The NAV will be declared on all Business Days and will be published in two newspapers. NAV can also be viewed on www.edelweissmf.com andwww.amfiindia.com. Investors can also call up at our toll free number 1800 425 0090 (MTNL/BSNL) and non toll free number 040 23310090 for

non MTNL/BSNL land line, mobile users and investors outside India.


Dividend Policy




11/28

EDELWEISS NIFTY ENHANCER FUND

The primary objective of the Fund is to generate capital appreciation and income distribution by investing in a portfolio that endeavours tooutperform the S & P CNX Nifty Index.


Edelweiss Nifty Enhancer Fund is only the name of the Fund. The scheme is not an Index Fund. The equity stocks/ weightages of the equitystocks in the scheme Portfolio may differ vis--vis the underlying stocks of Nifty Index.



Equity & Equity related instruments 65% - 100% Medium to High

Debt & Money Market instruments* 0% - 35% Low to Medium*Money Market Instruments include CPs, commercial bills, Corporate Debt, T-Bills, and Government securities having an unexpired maturityupto one year, CDs, usance bills, CBLOs, Repo/ Reverse Repo and any other like instruments having a maturity of 1 year or less, as specifiedby the RBI from time to time.

Further,

The investments in securitised papers including Pass through Certificates (PTCs) may be made upto 35% of the net assets of thescheme.

The scheme can also take derivative exposure upto 100 % of the net assets of the scheme.

The scheme may engage in Stock Lending. Not more than 25% of the net assets of the scheme can generally be deployed in stocklending and not more than 5% of the net assets of the scheme will be deployed in Stock lending to any single counterparty.


Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors beforeinvestment. Investment in this scheme will involve certain scheme specific Risk Factors apart from the General Risk mentioned in SAI/SID whichare summarized below:

Equity And Equity Related Instruments: The value of the schemes investments may be affected generally by factors, such as price andvolume volatility in the Capital Markets, Settlement Periods, Liquidity Risk or Execution Risk or Redemption Risk or the Risk of NAV going belowpar value.

Derivatives: Derivative products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to theinvestor. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager maynot always be profitable. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated withinvesting directly in securities and other traditional investments.


Fixed Income and Money Market Instruments: It involves Interest Rate Risk, Spread Risk, Credit Risk or Default Risk, Liquidity & SettlementRisk, Reinvestment Risk, Performance Risk, Prepayment Risk, Market Risk.

The scheme will have three Plans i.e. Plan A, Plan B, Plan C with a common portfolio & each Plan will have Dividend and Growth Options.Dividend Option shall have Reinvestment, Payout & Sweep Facility. Each Plan represents interest in the same portfolio of investments and isidentical in all respects to other plans, except for differences relating to annual recurring expenses, minimum subscription amount to be broughtin by the investors applying for the units in the Scheme.

Default Plan: If the investors fails to mention any Plan - Plan A

Default Option: If the investor does not clearly specify the choice of Option at the time of investing, it will be deemed that the investor has opted forthe Growth Option. In case, if the investor selects Dividend Option but fails to mention the facility, it will be deemed that the investor has opted forthe dividend reinvestment facility. The AMC reserves the right to introduce further Plans / Options as and when deemed fit.




In respect of valid purchase applications accepted at an Investor Service Centers after 3.00 p.m. with a local cheque or demand draftpayable at par at the place where it is received - closing NAV of the next Business Day ;

and Where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it isreceived - closing NAV of day on which the cheque or demand draft is credited.


In respect of valid applications received upto 3.00 p.m. by the Investor Service Centers - closing NAV of the day of receipt of application.

In respect of valid applications received after 3.00 p.m. by the Investor Service Centers - closing NAV of the next Business Day shall beapplicable.

Note:




Particulars Minimum Application Additional Minimum Minimum RedemptionAmount Purchase Amount Amount

Plan A Rs. 1,000/- and multiples of Re. 1 In all Plans is Rs. 1,000 Minimum of Rs. 1, 000/- & in

Plan B Rs. 5,000/- and multiples of Re. 1 and multiples of Re. 1 multiples of Re. 1/- thereafter.

Plan C Rs. 10,000/- and multiples of Re 1Within 10 business days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.

S & P CNX Nifty

The fund reserves the right to change the benchmark for evaluation of the performance of the scheme from time to time, subject to SEBIRegulations and other prevailing guidelines if any.



Risk Profile

Plans and Options

Applicable NAV


Benchmark Index



12/28

EDELWEISS NIFTY ENHANCER FUND


5th Floor, One Indiabulls Centre, Tower 1, 841, Senapati Bapat Marg, ElphinstoneRoad, Mumbai - 400 013 Telephone no : 022-40979900 Fax No.022-40979878Email : [email protected] Service Center:Toll free number : 1800 425 0090 Alternate Number: 040-23310090.For non MTNL/BSNL land line, mobile users and investors outside India.





Mr. Gaurav Khandelwal


In case of a scheme in existence, the return figures shall be *Scheme Returns Since Inception till Scheme Benchmarkgiven for that scheme only, for a scheme which is in existence November 30, 2009 Returns% Returns %for more than 1 year, the returns give wil l be Compounded Edelweiss Nif ty Enhancer Fund - 12.70 12.9040Annualised Returns and for scheme which is in existence for Plan A - Growth~less than 1 year, the returns would be absolute returns Edelweiss Nifty Enhancer Fund - 11.90 11.3971since inception. Plan B - Growth

* Absolute returns for each financial year for the last 5 years **Edelweiss Nifty Enhancer Fund - N.A. N.A.shall be represented by means of a bar diagram as per the Plan C - Growthadjacent format.

* Since the scheme has not completed 1 year of existence, the returns provided above in the table are absolute returns. Further, since thescheme is not in existence for any complete financial year, the bar diagram has not been provided.

** Since there are no investors for the continuous period from since inception till November 30, 2009, the performance of Edelweiss NiftyEnhancer Fund - Plan C - Growth has not been provided in the table above.

~Returns are calculated since August 12, 2009.

(i) Load Structure

The Load Structure would comprise of an Entry Load and /or an Exit Load / CDSC, as may be permissible under the Regulations. The loadstructure is stated as under:

Entry Load: In accordance with the requirements specified by the SEBI circular no. SEBI/IMD/CIR No.4/ 168230/09 dated June 30, 2009 noentry load will be charged for purchase / additional purchase / switch-in accepted by the Fund with effect from August 01, 2009. Similarly, noentry load will be charged with respect to applications for registrations under systematic investment plans/ systematic transfer plans acceptedby the Fund with effect from August 01, 2009.


Exit Load*:

Under Normal Circumstances:

Upto 30 days - 1%

Above 30 days - NIL

Under Expiry Day Trigger Facility:

Upto 30 days - 0.50%

Above 30 days - NIL

*With effect from August 01, 2009, exit load/ CDSC (if any) up to 1% of the redemption value charged to the unit holder by the Fund onredemption of units shall be retained by each of the schemes in a separate account and will be utilized for payment of commissions to the ARNHolder and to meet other marketing and selling expenses. Any amount in excess of 1% of the redemption value charged to the unit holder as exitload/ CDSC shall be credited to the respective scheme immediately.

(ii) Recurring Expenses

As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can be charged tothe scheme shall be subject to a percentage limit of average weekly net assets as given in the table below. Subject to the SEBI Regulations,expenses over and above the prescribed ceiling will be borne by the AMC.

First Rs. 100 Crores Next Rs. 300 Crores Next Rs. 300 Crores Over Rs. 700 Crores

2.50% 2.25% 2.00% 1.75%

The AMC reserves the right to charge differential expenses across various plans.




The NAV will be declared on all Business Days and will be published in two newspapers. NAV can also be viewed on www.edelweissmf.com and

www.amfiindia.com. Investors can also call up at our toll free number 1800 425 0090 (MTNL/BSNL) and non toll free number 040 23310090 fornon MTNL/BSNL land line, mobile users and investors outside India.

Expenses of the scheme

Daily Net Asset Value (NAV)

Publication



Dividend Policy



Performance of the scheme

Account Statements: Account Statement stating the number of Units will be sent by ordinary post and /or electronic mail (if so mandated) toUnit Holders within the following periods: New or additional subscription as well as Redemption/ Switch of Units: As per SEBI Regulations, AMC is required to dispatch the


For SIP/STP: Within 10 working days from the end of quarter/initial investment. Annual Account Statement:The Mutual Fund shall provide the Account Statement to the Unit holders who have not transacted during the

last six months prior to the date of generation of Account Statements. The Account Statements in such cases may be generated and issued

along with the Portfolio Statement or Annual Report of the scheme. Alternately, soft copy of the Account Statements shall be mailed to theinvestors e-mail address, instead of physical statement, if so mandated. For more details, please refer the Statement of AdditionalInformation (SAI) and Scheme Information Document.

Annual Financial Results: The scheme wise annual report or an abridged summary thereof shall be mailed (e-mailed if opted/requested) to allUnit holders not later than four months from the date of closure of the relevant accounting year and full annual report shall be available forinspection at the Head Office of the Mutual Fund and copy shall be made available to the Unit Holders on request on payment of nominal fees, ifany. These results shall also be displayed on the website on the Mutual Fund on www.edelweissmf.com and Association of Mutual Funds inIndia (AMFI) on www.amfiindia.comHalf yearly portfolio Results: Full portfolio in the prescribed format shall be disclosed either by publishing it in one national English dailynewspaper circulating in the whole of India and in a newspaper published in the language of the region where the Head Office of the Mutual Fundis situated or by sending it to the Unit Holders within one month from the end of each half-year. It is also displayed on www.edelweissmf.com

Unitholders Information


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The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest inarbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.

The scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that theinvestment objective of the scheme will be realized.


Instruments Indicative allocation Risk Profile(% of total assets)

Min. Max.

Equity & Equity related instruments & Derivatives 65% 100% Medium to HighDebt & Money Market instruments including securitized debts 0% 35% Low to Medium

Further,

The investments in securitised papers including Pass through Certificates (PTCs) may be made upto 35% of the net assets of the scheme.

The scheme can also take derivative exposure upto 100 % of the net assets of the scheme.

The scheme may engage in Stock Lending. Not more than 25% of the net assets of the scheme can generally be deployed in stock lendingand not more than 5% of the net assets of the scheme will be deployed in Stock lending to any single counterparty.


Mutual Fund Units involve investment risks including the possible loss of principal. Please read the SID carefully for details on risk factors beforeinvestment. Investment in this scheme will involve certain scheme specific Risk Factors apart from the General Risk mentioned in SAI/SID whichare summarized below:

Equity And Equity Related Instruments: The value of the schemes investments may be affected generally by factors, such as price andvolume volatility in the Capital Markets, Settlement Periods, Liquidity Risk or Execution Risk or Redemption Risk or the Risk of NAV going below

par value.Derivatives: Derivative products are leveraged instruments and can provide disproportionate gains as well as disproportionate losses to theinvestor. Identification and execution of the strategies to be pursued by the fund manager involve uncertainty and decision of fund manager maynot always be profitable. The risks associated with the use of derivatives are different from or possibly greater than, the risks associated withinvesting directly in securities and other traditional investments.


Fixed Income and Money Market Instruments: It involves Interest Rate Risk, Spread Risk, Credit Risk or Default Risk, Liquidity & SettlementRisk, Reinvestment Risk, Performance Risk, Prepayment Risk, Market Risk.

The scheme will have a Single Plan with Dividend and Growth Option. Dividend option shall have Reinvestment, Payout & Sweep Facility. TheAMC reserves the right to introduce further Plans / Options as and when deemed fit.

Default Option: If the investor does not clearly specify the choice of Option at the time of investing, it will be deemed that the investor has opted forthe Growth Option. In case, if the investor selects Dividend Option but fails to mention the facility, it will be deemed that the investor has opted for

the dividend reinvestment facility. The AMC reserves the right to introduce further Plans / Options as and when deemed fit.




In respect of valid Purchase applications accepted at an Investor Service Centers after 3.00 p.m. with a local cheque or demand draftpayable at par at the place where it is received - closing NAV of the next Business Day ;

and Where the application is received with an outstation cheque or demand draft which is not payable on par at the place where it isreceived - closing NAV of day on which the cheque or demand draft is credited.


In respect of valid applications received upto 3.00 p.m. by the Investor Service Centers - closing NAV of the day of receipt of application.

In respect of valid applications received after 3.00 p.m. by the Investor Service Centers - closing NAV of the next Business Day shall beapplicable.

Note:





Rs. 5,000/- and in multiples of Rs. 1,000/- and multiples of Minimum of Rs. 1, 000/- & inRe.1/- thereafter. Re. 1/- thereafter. multiples of Re. 1/- thereafter.

Within 10 business days of the receipt of the redemption request at the designated Investor Service Center of Edelweiss Mutual Fund.

CRISIL MIP Blended IndexThe fund reserves the right to change the benchmark for evaluation of the performance of the Scheme from time to time, subject to SEBIRegulations and other prevailing guidelines if any.


Mr. Ta

Edelweiss MF Common Application Form

Documents