Edelweiss Ellie is an artificial intelligence powered digital tool made available by Edelweiss AMC and Engati Technologies Private Limited (hereinafter referred to as We, Us).
Ellie is currently released in a beta testing environment and is intended to provide general informational assistance relating to financial concepts, mutual funds, and investment awareness.
By accessing or using Ellie, you acknowledge that you have read, understood, and agree to be bound by these Terms of Use.
Detailed Terms of Use
1. Informational Purpose Only
Ellie generates responses using artificial intelligence models trained on a combination of public and internal knowledge sources.
All outputs generated by Ellie are provided solely for informational and educational purposes.
Ellie does not:
provide investment advice
provide financial planning advice
provide tax or legal advice
provide portfolio allocation recommendations
provide personalised investment recommendations
Ellie does not assess or consider your:
financial circumstances
investment objectives
risk appetite
tax status
investment horizon
Accordingly, the information generated must not be treated as personalised investment advice or a recommendation. Users should consult a qualified professional or SEBI-registered investment adviser before making any financial or investment decision.
2. Mutual Fund Regulatory Disclosure
Mutual fund investments are subject to market risks. Please read all scheme related documents carefully before investing.
Any reference made by Ellie to:
scheme performance
investment strategies
expected outcomes
historical returns
market trends
is illustrative and informational only and should not be construed as indicative of future performance.
Investors should review official scheme documents including:
Scheme Information Document (SID)
Key Information Memorandum (KIM)
Statement of Additional Information (SAI)
Risk-o-meter disclosures
available from the official website of Edelweiss Asset Management Limited (Edelweiss). All mutual fund communications remain subject to the SEBI Mutual Fund Advertisement Code and applicable regulatory guidelines.
3. No Distribution, Advisory, or Suitability Assessment
Ellie does not act as:
a distributor of mutual funds
an investment adviser
a portfolio manager
a financial planner
Ellie does not perform suitability and risk assessments as required under applicable regulatory frameworks.
No response generated by Ellie shall be construed as:
investment advice
distribution solicitation
scheme recommendation
product suitability confirmation
Users must conduct their own due diligence prior to making investment decisions.
4. Artificial Intelligence and Model Risk Disclosure
Ellie uses generative artificial intelligence and machine learning technologies to generate responses.
Due to the nature of such technologies:
outputs may be probabilistic and automated
responses may contain errors, omissions, or inaccuracies
the system may generate incomplete or incorrect responses ("AI hallucinations")
Ellie should not be relied upon as the basis for financial, investment, tax, legal, or commercial decisions.
Users acknowledge that human judgement and professional advice remain essential when evaluating financial matters.
5. Responsible AI Governance
Edelweiss has implemented internal governance frameworks for the responsible development and deployment of artificial intelligence systems.
Such frameworks may include:
model validation and testing procedures
monitoring of output accuracy and operational performance
internal compliance and risk oversight mechanisms
human supervision and escalation processes
However, due to the evolving nature of artificial intelligence technologies, Edelweiss does not guarantee the completeness, accuracy, or reliability of responses generated by Ellie.
6. Beta Product Disclaimer
Ellie is currently available in beta form for testing and evaluation purposes.
As a beta product:
features may evolve or change without notice
functionality may be incomplete
responses may occasionally be inconsistent
service availability may be intermittent
Edelweiss may modify, suspend, or discontinue the Assistant at any time without prior notice.
7. Limitation of Liability
To the fullest extent permitted under applicable law, Edelweiss Asset Management Limited, and Edelweiss Trusteeship Company Limited, its affiliates, directors, officers, employees, representatives, agents, licensors, and technology partners shall not be liable for any losses or damages arising from or related to:
reliance on information generated by Ellie
inaccuracies or errors in responses
system interruptions or technical failures
decisions taken based on Ellie outputs
financial, investment, or trading outcomes
This includes direct, indirect, incidental, consequential, or special damages, including but not limited to:
investment losses
loss of opportunity
loss of profits
loss of data or goodwill
Use of Ellie is entirely at the user's own risk.
8. User Responsibility and Indemnity
By using Ellie, you agree that:
you remain solely responsible for evaluating the accuracy and relevance of information provided
you will not rely exclusively on Ellie for financial decisions
you will obtain independent professional advice where appropriate
You further agree to indemnify and hold harmless Edelweiss, its affiliates, officers, employees, and agents against any claims, liabilities, losses, or damages arising from:
your use or misuse of Ellie
reliance on Ellie outputs
violation of these Terms of Use
9. Data Privacy and Security
To meet regulatory, cybersecurity, audit, and operational requirements, certain technical interaction data may be logged. This may include:
IP address
approximate geographic region derived from IP
browser and device information
timestamp of interactions
session ID and consent version
key beta interaction events and usage metrics
Such information is stored in secure, access-controlled environments and processed in accordance with applicable laws including the Digital Personal Data Protection Act, 2023 and internal compliance policies.
Users are advised not to submit sensitive personal information, including:
PAN numbers
bank account details
investment account credentials
passwords or authentication data
Ellie is not intended for submission of confidential financial information.
10. Intellectual Property
All technology, algorithms, models, software systems, and interfaces associated with Ellie are the exclusive intellectual property of Engati Technologies Private Limited or its licensors.
Users may not:
copy
reproduce
modify
reverse engineer
commercially exploit
any portion of Ellie without prior written permission.
11. Modification of Terms
Edelweiss reserves the right to modify or update these Terms of Use at any time to reflect regulatory changes, operational requirements, or improvements to Ellie.
Continued use of Ellie after such updates constitutes acceptance of the revised Terms.
12. Governing Law and Jurisdiction
These Terms of Use shall be governed by and interpreted in accordance with the laws of India. Any disputes arising in connection with Ellie shall be subject to the exclusive jurisdiction of courts located in Mumbai, India.
Do you often miss the opportunity to invest in equities when market falls or book profits when they go up? Yes, we all do due to lack of time. It is not practical for MF investors like us to track market and then invest in SIP Or Lumpsum in Mutual Funds.
Don’t be disappointed!!
We have smart features for your mutual fund investments which allow you to automate your investments without worrying about timing the market. Explore features like STP, SIP Top Up, SWP, a SIP which helps to plan for your retirement and many more.
Take help of our SIP calculator for various needs to find out how much you need to invest every month to meet your goals on time and automate your investments.
A Smart Trigger enabled Plan (STeP) which helps you to start or stop investments in Edelweiss Mutual fund in a systematic manner and manage the market timing risk.
Systematic Investment Plan (SIP), is the ideal way of investing in mutual funds in a regular and systematic manner. A SIP works on the basic rule of investing regularly, enabling you to build wealth over time. Under SIP, you invest a fixed sum every quarter, month, or week as per your convenience.
Over the years, mutual funds have become one of the most popular forms of investment owing to its flexibility, convenience and the plethora of choices available. The numerous options also bring with it the complexity of choosing the right mutual fund schemes.
When you google ‘SIP investments’, ‘what is SIP’, what is a Systematic Investment Plan, etc., you will find a lot of textbook definitions.Suppose, you are given a task to fill 1200 litres of water in a tank in two hours. You have two options – you can either start a tap that will automatically pour 100 litres of water in the tank after every 10 minutes. Or, you can simply choose to lift the water at once and pour it. What seems easier? You would say, of course, the first one because you just have to open the tap once without any hassle. Whereas, in the second case, you will be physically burdened. Moreover, you will need help too
SIPs can be of various types basis their frequency or the feature they have. Basis frequency, you can do daily, monthly, quarterly, semi – annually SIP. Basis features, you could look at SIP Top up, Retirement SIP, Systematic Transfer Plan or Systematic Transfer Plan.
How is SIP Calculated?
SIP is calculated using a SIP calculator which helps you calculate how much monthly SIP amount you need to start investing to reach a particular amount or goal. You will need to choose the tenure of SIP and the assumed rate of return.
What are methods of Investment in Mutual Funds?
You can invest in Mutual Funds either through the lumpsum mode – which is one time investment or through an SIP mode – which is equated instalments basis the frequency you choose
How Retirement planning works in Mutual Funds?
Mutual Funds have products which are structured to help you plan for your retirement. These products usually take into consideration changing asset allocation as per your age i.e. adjusting and reallocating between debt and equity as your age increases as your risk taking ability reduces and you move from wealth creation to wealth preservation phase. You can explore the retirement SIP feature of Edelweiss here Retirement Planning With Mutual Funds & Investment Solutions | Edelweiss MF
Can I withdraw profit from SIPs anytime?
You can withdraw from an SIP of an open ended fund anytime as per applicable NAV.
How to start in Investing Edelweiss SIP Schemes?
How difficult can opening a tap possibly get? Likewise, starting an SIP is very simple too. Here’s what you have to do:
Set your financial goals and quantify them. Once you know how much you need, decide on an investment tenure and note down your expected rate of return.
Use a mutual fund SIP calculator to know how much should be your SIP amount. Don’t look up ‘lump sum sip calculator’ online. This is because mutual fund calculator lumpsum will only help you with lump sum investments. There is a separate calculator for an SIP in mutual fund.
If you have just started investing, complete your KYC process with Edelweiss Mutual Fund. To learn how, read here
What are different types of Edelweiss SIP Services?
Edelweiss Mutual Fund offers you smart SIP features as below-
Edelweiss STeP Facility- A Smart Trigger enabled Plan (STeP) which helps you to start or stop investments in Edelweiss Mutual fund in a systematic manner and manage the market timing risk.
Edelweiss Retirement Plan- A unique SIP with life stage based asset allocation to plan your retirement.
Systematic Transfer Plan(STP)- A facility to periodically transfer investments from one mutual fund scheme to another.
SIP features - Multi-Goal SIP, Combo SIP, Any Time SIP and Top-Up SIP
MUTUAL FUND INVESTMENTS ARE SUBJECT TO MARKET RISKS, READ ALL SCHEME RELATED DOCUMENTS CAREFULLY.
The information contained in this website is not intended for US Persons or persons resident in Canada or such jurisdiction, the laws of which imposes prohibition on soliciting the securities business in that jurisdiction without being registered therein.
Solution For you 
Equity Funds
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SIP/STP & More
SIP Calculator
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STP Calculator
SWP calculator /
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Mutual Fund Return calculator
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Edelweiss Klassroom
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