MUTUAL FUNDS
Edelweiss Mutual Fund introduces Consumption Fund
Jan-31-2025

Edelweiss Mutual Fund has launched Edelweiss Consumption Fund, an open-ended equity scheme following consumption theme. The NFO opens for subscription on January 31, 2025 and closes on February 14, 2025. The Entry Load is not applicable for the scheme. The Exit load will be 1% of the applicable NAV - If the units are redeemed /switched out on or before 90 days from the date of allotment and Nil - If the units are redeemed /switched out after 90 days from the date of allotment. The minimum subscription amount is Rs 100/- and in multiples of Re. 1/- thereafter.

The performance of the scheme will be benchmarked against NIFTY India Consumption TRI and its fund managers are Dhruv Bhatia, Trideep Bhattacharya and Amit Vora.

The investment objective of the scheme is 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.


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