BSE Announces Merger of Edelweiss Mutual Fund Schemes

Strategic Insights -

The Bombay Stock Exchange (BSE) has issued a notice to its members regarding the merger of two Edelweiss Mutual Fund schemes: Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund and Edelweiss Banking and PSU Debt Fund. The merger is set to take effect on October 31, 2025, or the next business day, if the effective date falls on a non-business day.

Key Takeaways:

  • The merger of Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund and Edelweiss Banking and PSU Debt Fund will be effective on October 31, 2025.
  • Investors who are not in favor of the scheme merger can redeem their investments or switch to other schemes of Edelweiss Mutual Fund without paying an exit load within a specific period.
  • Fresh subscription through lumpsum and additional investment/Switch In//STP In (including ASTP)/SIP/XSIP will be reported to the registrar and transfer agent (RTA) under merging schemes until 2:30 pm on October 29, 2025.
  • Existing SIP/XSIP/STP In will continue to get processed during the exit load period in the merging scheme.
  • The merging scheme will cease to exist, and SIP/XSIP/ASTP/SWP registered under Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund will be cancelled by the exchange on the BSE StAR MF platform after business hours on October 29, 2025.
  • The notices cum addendum issued by Edelweiss AMC and details of the scheme's merger are available in annexure I for information.

Statistics:

  • The effective date of the merger is October 31, 2025, or the next business day.
  • The investment period for redemption or switching to other schemes is from September 30, 2025, to October 29, 2025 (Both days inclusive).
  • The last reporting time for fresh subscriptions through lumpsum and additional investment/Switch In//STP In (including ASTP)/SIP/XSIP is 2:30 pm on October 29, 2025.
  • The next business day after the effective date of the merger has not been specified.

Sources:

  • BSE (Bombay Stock Exchange)
  • Edelweiss AMC (Edelweiss Asset Management Company)