myplexus

NFO Monitor

Fund Fact

Name of Funds:

Edelweiss Consumption

Opening:

31st January 2025

Closing:

14th February 2025

Minimum Investment:

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

Plan:

Regular and Direct

Options:

Growth and IDCW

Entry Load:

Nil

Exit Load:

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

Fund Stats

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.

Benchmark:

NIFTY CONSUMPTION

Fund Manager:

Dhruv Bhatia, Trideep Bhattacharya, Amit Vora

Asset Allocation

80-100 % Equity upto 20% Money Market

upto 20% Debt upto 10% Others

Comparable existing schemes

HSBC Consumption Fund	2.91(6M)	20.26(1Y)
Mahindra Manulife Consumption Fund	-5.14(6M)	12.70(1Y)

Fund Prognosis

Idea Distiller

Consumption seems to be the theme for fund launches and going by the recent budget announcements, more are likely.

Fund House AAUM:
Rs 16551583.32 Lakhs(as on 31st December, 2024)
Fund Manager:
Combined experience of above 15 years

Scheme DNA 4 fundamentals

Uniqueness

Return

Risk

Operability

Oomph Factor

Will the money people save from paying taxes affect consumption pattern and volumes??? The jury is out on this. Buy if you are convinced.

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 of ARN: 14th May 2025 to 23rd May 2028