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News Edelweiss Mutual Fund launches Edelweiss Business Cycle Fund
Jul 9, 2024
Mutual Fund
Edelweiss Mutual Fund launches Edelweiss Business Cycle Fund
NFO period: 09th July ? 23th July, 2024
Highlights of the NFO:
- Scheme type ? An open-ended equity scheme following business cycle-based investing 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 navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. There is no assurance that the investment objective of the scheme will be achieved.
- Product suitability ? The product is suitable for investors who are seeking long term capital appreciation by investing in equity and equity related instruments with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
- Minimum Application Amount ? First investment is Rs. 5,000/- 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. Bhavesh Jain, Mr. Bharat Lahoti and Mr. Amit Vora (For Overseas Securities)
- Benchmark ? NIFTY 500 Total Return Index
(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)
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