Description

NSE informs members that Edelweiss Mutual Fund has revised the minimum purchase amount for SIP, STP, and Lumpsum investments in Edelweiss Liquid Fund and Edelweiss Overnight Fund from Rs. 100 to Rs. 1000, effective May 15, 2026.

Summary

NSE has informed its members that Edelweiss Mutual Fund has revised the minimum purchase amount for Systematic Investment Plan (SIP), Systematic Transfer Plan (STP), and Lumpsum investments in two of its schemes — Edelweiss Liquid Fund and Edelweiss Overnight Fund — effective May 15, 2026. The minimum investment threshold has been increased tenfold from Rs. 100 to Rs. 1,000 per transaction.

Key Points

  • Minimum purchase amount for SIP, STP, and Lumpsum investments revised upward from Rs. 100/- to Rs. 1,000/- (in multiples of Re. 1/- thereafter)
  • Change applies to both Edelweiss Liquid Fund and Edelweiss Overnight Fund
  • Effective date: May 15, 2026
  • Amendment applies only to prospective investments from the effective date; existing investments are unaffected
  • The Scheme Information Document (SID) and Key Information Memorandum (KIM) stand amended accordingly
  • NSE Circular Ref. No: 1370/2026, Download Ref No: NSE/NMFTM/74228

Regulatory Changes

The Scheme Information Document (SID) and Key Information Memorandum (KIM) for both Edelweiss Liquid Fund and Edelweiss Overnight Fund have been amended to reflect the new minimum investment amounts. The notice cum addendum issued by Edelweiss Asset Management Limited forms an integral part of the SID/KIM going forward. All other features and terms and conditions of the schemes remain unchanged.

Compliance Requirements

  • NSE members operating on the NSE MF Invest platform must update their systems to enforce the new minimum investment threshold of Rs. 1,000/- for new SIP, STP, and Lumpsum transactions in these two schemes
  • The revised minimum applies only to prospective investments; no action is required for existing SIP/STP mandates already in place before the effective date
  • Members and distributors should communicate this change to investors transacting in these schemes

Important Dates

  • April 30, 2026: Addendum issued by Edelweiss Asset Management Limited (signed by Radhika Gupta, MD & CEO)
  • May 15, 2026: Effective date for the revised minimum purchase amount

Impact Assessment

This is a routine administrative change with limited market impact. The tenfold increase in the minimum investment amount (from Rs. 100 to Rs. 1,000) may marginally restrict participation by very small retail investors in these liquid and overnight fund schemes. However, given that liquid and overnight funds are primarily used by institutional and HNI investors for short-term cash management, the practical impact is expected to be negligible. No impact on existing investors or ongoing mandates.

Impact Justification

Routine administrative amendment to minimum investment thresholds for two mutual fund schemes; affects only new/prospective investors with small ticket sizes and has no broader market or systemic significance.