Edelweiss has launched Edelweiss Focused Equity Fund NFO on 12th July 2022. This NFO is now available for investing till 25th July 2022 and is now accepting NFO applications. Resident individuals, NRIs and non-individual can invest in the NFO of Edelweiss Focused Equity Fund.
This NFO is targeted towards investors who want to take a focused exposure to well established brands, market share gainers and innovators & for those who are not bothered by short-term volatility. It is targeted for investors who want to invest for 5 years or more. This is an Open Ended Dynamic Equity Fund which will invest in a maximum of 30 stocks across market capitalisation. It’s a multi-cap portfolio that will follow a benchmark and sector-agnostic approach. This fund will allow you to invest in 3 timeless opportunities – 1) Brands 2) Market share gainers and 3) Innovators.
NFO Period – 12th July – 25th July 2022.
Objective of the scheme – To invest in equity and equity related instrument and derivative segment of upto 30 companies. Generate long term capital appreciation for the investors.
Plans – Regular Plan & Direct Plan.
Options – Growth Option & Income Distribution cum Capital Withdrawal (IDCW) Option.
Minimum Application Amount – Rs. 5000/- and thereafter in multiples of Rs.1/-.
Entry Load– Not applicable.
Exit load – 1.00% (of applicable NAV) if Units are redeemed/ switched-out before 1 year from the date of allotment, Nil thereafter completion of 1 year.
Riskometer – Very High.
Disclaimer : Mutual fund investments are subject to market risks, read all scheme related documents carefully.