News Details

Edelweiss Mutual Fund launches Edelweiss Consumption Fund

Fri Jan 31 04:02:15 UTC 2025 by News Team

NFO period: 31st January - 14th February, 2025

Highlights of the NFO:

  • Scheme type - An open-ended equity scheme following consumption theme

  • Investment objective - The fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on companies engaged in consumption and consumption related sectors or allied sectors. There is no assurance that the investment objective of the Scheme will be achieved.

  • Product suitability - This product is suitable for investors who are seeking long term capital appreciation by investing in equity and equity related instruments with a focus on companies engaged in consumption and consumption related sectors or allied sectors.

  • Minimum Application Amount - First investment is Rs. 100/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available - Regular Plan and Direct Plan having Growth Option and IDCW Option (Means Income Distribution cum Capital withdrawal). IDCW Option shall have Reinvestment, Payout & Transfer Facility.

  • Fund Managers - Mr. Dhruv Bhatia, Mr. Trideep Bhattacharya and Mr. Amit Vora

  • Benchmark - NIFTY India Consumption TRI

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

Mutual Fund investments are subject to market risks, read all scheme related documents carefully before investing.