Edelweiss Mutual Fund, has launched monthly dividend option under its Edelweiss Equity Savings Advantage Fund. It is an open ended equity scheme and will come into effect immediately .

Further, the scheme will have monthly dividend option, besides the existing option, where it has reinvestment and pay out facilities.

Moreover, if the investors don’t specify their choice of option, monthly reinvestment dividend will be kept as the default dividend option. The other features of the scheme will remain the same.

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