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News Edelweiss Mutual Fund launches Edelweiss Consumption Fund
Jan 31, 2025
Mutual Fund
Edelweiss Mutual Fund launches Edelweiss Consumption Fund
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.)
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