Edelweiss mf nfo: Edelweiss Mutual Fund launched ‘Edelweiss Consumption Fund’ on Thursday, 30 January. It is an open-end equity scheme, which will follow the consumption theme. This fund mainly invests in companies that work in the FMCG sector. The fund will mainly invest in equity and its associated securities and is designed to track Nifty India Consumption Tri. This new fund offer (NFO) of Edelvis has been introduced especially for investors who have a long -term investment attitude and want to take advantage of the fast growing consumption in India.
Edelweiss Consumption Fund: Rs 100 can start investing
The new fund offer of this scheme (NFO) has opened for subscription today (Friday, January 31). Investors can bet on this NFO of Edelweiss by 14 February. Investors can invest minimum Rs 100 and then in multiple multiple rupees. The scheme of the scheme is Dhruv Bhatia, Trideep Bhattacharya and Amit Vora.
Nfo start date: 31 January 2025
NFO Closure Date: 14 February 2025
Edelweiss Consumption Fund: Exit Load and Fund Allocation
Exit load: If the units are redeem or switching within 90 days from the date of allocation, then an exit load of 1% will have to be given on NAV. If the redeem or switch is done after 90 days of the date of allocation to the units, there will be no fee.
Equity and Equity Instrument-80-100%
Instruments related to other equity and equity- 0-20%
Date and Money Market Instrument- 0-20%
Units released by Reits and Invits- 0-10%
The right time to bet on the consumption theme after correction in FMCG Stocks
MD and CEO Radhika Gupta of Edelweiss Mutual Fund said, “The story of India’s consumption in the top two consumer markets in the world is going to grow rapidly. Consumer businesses will develop rapidly on the strength of rising disposable income, urbanization, digitalization, easily available loan facilities and youth population. The Edelweiss Consumption Fund is ready to take advantage of this multi-subject opportunity. This launch is taking place at the right time, as there is a significant improvement in stock prices, which provides a good entry point for long -term investors. ”
Edelweiss Consumption Fund: Who should invest
The ‘Edelweiss Consumption Fund’ will have a flexible approach to select stocks, with priority to quality, developing and value-based businesses. The fund will take advantage of India’s diverse consumption scenario and invest in businesses that meet its selection norms.
The sectoral and themetic exposure to the fund will be in line with India’s economic strength and changing consumer priorities, making it an attractive investment option.
The scheme is suitable for investors who want India’s consumption equity investment option to diversify their portfolio.