Edelweiss Mutual Fund has filed offer document with SEBI to launch an open-ended exchange traded scheme named ‘Edelweiss BSE Large Mid (60:40) Stable Dividend 50 ETF’. The New Fund Offer price for units would be 1/100th of closing value of the BSE Large Mid (60:40) Stable Dividend 50 Index as on the date of allotment for applications received during the NFO. Entry load and Exit load will be nil. The Scheme does not offer any Plans/Options for investment, and seeks to collect a Minimum Target Amount of Rs 5 crore.The performance will be benchmarked against BSE LargeMid (60:40) Stable Dividend 50 Total Return Index. The minimum application amount during NFO will be Rs 5000 and in multiples of Re 1 thereafter.The investment objective of the scheme is to generate returns that are in line with the performance of the BSE LargeMid (60:40) Stable Dividend 50Total Return Index.