BANKING & FINANCE
Capital Markets
Edelweiss AMC Debuts India’s First Hybrid Passive Index Fund
Edelweiss Asset Management Company has launched the 'Edelweiss Nifty LargeMidcap250 Plus 8–13 yr G-sec 70:30 Index Fund', marking India's entry into hybrid passive investing.
The fund follows a fixed asset allocation strategy: 70% in equities (tracking Nifty LargeMidcap250) and 30% in Government Securities (G-Secs).
The New Fund Offer (NFO) is scheduled to run from 18 March to 1 April 2026, targeting investors looking for balanced equity-debt exposure through a low-cost passive route.
Managed by equity experts Bhavesh Jain and Bharat Lahoti, along with debt managers Dhawal Dalal and Hetul Raval, it aims for structured long-term wealth creation.
Exam Perspective: Passive hybrid funds are emerging as a stable alternative for retail investors by combining the growth potential of equity with the security of sovereign debt.
The fund follows a fixed asset allocation strategy: 70% in equities (tracking Nifty LargeMidcap250) and 30% in Government Securities (G-Secs).
The New Fund Offer (NFO) is scheduled to run from 18 March to 1 April 2026, targeting investors looking for balanced equity-debt exposure through a low-cost passive route.
Managed by equity experts Bhavesh Jain and Bharat Lahoti, along with debt managers Dhawal Dalal and Hetul Raval, it aims for structured long-term wealth creation.
Exam Perspective: Passive hybrid funds are emerging as a stable alternative for retail investors by combining the growth potential of equity with the security of sovereign debt.
Key Facts / Static GK
Edelweiss AMC CEO: Radhika Gupta
Benchmark Index: Nifty LargeMidcap250 + 8-13 Yr G-Sec (70:30)
Minimum Investment for this NFO: ₹100
Benchmark Index: Nifty LargeMidcap250 + 8-13 Yr G-Sec (70:30)
Minimum Investment for this NFO: ₹100
Practice Quiz — 20 March 2026
Q1. What does the name of the joint military exercise 'LAMITIYE' mean in the Creole language?
Answer: (C) Friendship — The term 'LAMITIYE' means 'Friendship' in the Creole language, reflecting the cooperation between India and Seychelles.
Q2. In the VRR auction conducted by RBI on 20th March 2026, what was the total amount actually injected into the banking system?
Answer: (C) ₹48,014 crore — According to the news report, while the RBI offered ₹1.50 lakh crore, the actual liquidity injection via the VRR auction was ₹48,014 crore due to lower uptake by banks.
Q3. Regarding the expansion of UPI in Sri Lanka, which of the following statements is true?
Answer: (B) Payments are made by scanning Lanka QR codes through UPI apps. — Indian users can make real-time payments in Sri Lanka by scanning Lanka QR codes using their preferred UPI-enabled mobile applications.
Q4. Which company has launched the world's first Autonomous Maritime Shipbuilding Centre in Nellore?
Answer: (B) Sagar Defence Engineering Pvt Ltd — Sagar Defence Engineering Pvt Ltd has launched this center, which is the first of its kind globally, in Nellore, Andhra Pradesh.
Q5. In the newly launched hybrid passive index fund by Edelweiss AMC, what is the allocated ratio between Equity and Debt components?
Answer: (C) 70:30 — The fund, as indicated in its name and strategy, maintains a fixed asset allocation of 70% in Equity and 30% in Debt (Government Securities).
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