myplexus

NFO Monitor

Fund Fact

Name of Funds:

Edelweiss Technology

Opening:

14th February 2024

Closing:

28th February 2024

Minimum Investment:

Rs. 100/- and multiples of Re. 1/- thereafter.

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Not Applicable

Exit Load:

1% of NAV if units are redeemed/switched out on or before 90 days from the date of allotment

Fund Stats

Objective:

To provide long-term capital appreciation by investing predominantly in equity and equity-related securities of technology & technology-related companies.

Benchmark:

BSE TECk

Fund Manager:

Trideep Bhattacharya, Sahil Shah, Amit Vora

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

Franklin India Technology Fund	27.48(6M)	56.87(1Y)
ICICI Prudential Technology Fund	22.58(6M)	33.86(1Y)

Fund Prognosis

Idea Distiller

It is a tech fund. With the advantage of the global tech giants finding a place it it. A small one, but it is there.

Fund House AAUM:
Rs 13919438.82 Lakhs(as on 31st December, 2023)
Fund Manager:
Combined experience of above 16 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

If FAANGS mean more to you than snakes and if you are as positive on the Indian tech space, then this works for you.

We provide a range of tools and financial know-how that can help you make the most of your short-term and long-term investment goals.

Important Links

Fund

Snapshot

Company

Registered with AMFI AMFI Registration No: 2654 Initial Registration Date: 19th March 2003 Validity: 14th May 2025 to 23rd May 2028