Edelweiss Asset Management Company launches India’s first hybrid passive index fund combining equities and government securities in a 70:30 allocation.

Exam-focused facts from the 21 March 2026 current affairs briefing.

Key facts

Edelweiss Asset Management Company launched the Edelweiss Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index Fund, India’s first hybrid passive index fund.
The fund replicates the Nifty LargeMidcap250 Plus 8–13 yr G-Sec 70:30 Index with 70% allocation to equities and 30% to government securities.
Subscription opened on March 18 and closes on April 1, 2026.
Equity portion invests in 250 large- and mid-cap companies via the Nifty LargeMidcap250 Index.
Debt portion invests in central government securities with residual maturities of 8–13 years via the Nifty 8–13 yr G-Sec Index.
The fund automatically rebalances to the 70:30 equity-debt ratio every month.
Equity managers are Bhavesh Jain and Bharat Lahoti; debt managers are Dhawal Dalal and Hetul Raval.