January 9, 2025
mayank
Edelweiss Consumption Fund details, Fund Portfolio, Fund Returns, Peer Comparison, Mutual Fund Guidance @sahifund.com
Table of Contents:
- NFO Open date, Close date
- NFO Investment Strategy
- NFO Basic Details
- NFO Benchmark Index
- Performance Review of Fund Manager
- Should You Invest in this NFO?
- Invest Online
What is the Edelweiss Consumption Fund Open Date, Close Date?
NFO opens on January 31, 2025
NFO will close on February 14, 2025
Investment Strategy for this NFO?
The scheme 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.
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Issue Open | 31 January 2025 |
| Issue Close | 14 February 2025 |
| Type | Open-ended |
| Category | Equity: Thematic-Consumption |
| Min. Investment(Rs) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 90 days |
| Riskometer | Very High |
| Benchmark | NIFTY India Consumption TRI |
About Benchmark Index for this NFO?
The Nifty India Consumption Index is designed to reflect the behaviour and performance of a diversified portfolio of companies representing the domestic consumption sector which includes sectors like Consumer Non-durables, Healthcare, Auto, Telecom Services, Pharmaceuticals, Hotels, Media & Entertainment, etc. The Nifty India Consumption Index comprises of 30 companies listed on the National Stock Exchange (NSE).
At the time of rebalancing of shares/ change in index constituents/ change in investible weight factors (IWFs), the weightage of the index constituent (where applicable) is capped at 10%. Nifty India Consumption Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty India Consumption Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float MCap |
| No. of Constituents | 30 |
| Launch Date | July 12, 2011 |
| Base Date | January 02, 2006 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Edelweiss Consumption Fund
1) Dhruv Bhatia
Education: Mr. Bhatia has done PGDM (Finance), Bachelors in Management Studies (Finance).
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with Bank of India Mutual Fund, AUM Fund Advisors LLP and Sahara Asset Management Company.
2) Trideep Bhattacharya
Education: Mr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance)
Experience: Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.
AMC
Edelweiss Asset Management Ltd.
Address: Edelweiss House Off C.S.T. Road, Kalina Mumbai – 400098
Website: http://www.edelweissmf.com
Registrar & Transfer Agent:
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Edelweiss Consumption Fund @ sahifund.com by Paresh Gordhandas, C.A., Research Analyst
[ A ] Benchmark Performance of NIFTY India Consumption TRI
| Index Returns (%) | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | -11.31 | 18.63 | 18.63 | 18.05 | 13.64 |
| Total Return | -11.22 | 19.77 | 19.77 | 19.35 | 14.99 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.02 | 16.78 | 19.00 |
| Beta (NIFTY 50) | 0.76 | 0.76 | 0.80 |
| Correlation (NIFTY 50) | 0.81 | 0.86 | 0.90 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 46.77 | 9.02 | 0.94 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| ITC Ltd | 10.13 |
| Bharti Airtel Ltd | 9.92 |
| Mahindra & Mahindra Ltd. | 8.42 |
| Hindustan Unilever Ltd. | 6.53 |
| Zomato Ltd. | 6.10 |
| Trent Ltd. | 5.00 |
| Maruti Suzuki India Ltd. | 4.52 |
| Titan Company Ltd. | 4.26 |
| Asian Paints Ltd. | 3.26 |
| Bajaj Auto Ltd. | 3.09 |
Study about Benchmark Index in details
SEBI | Edelweiss Consumption Fund
Note on Benchmark Performance:
[ B ] Performance Review of the Fund Managers of this NFO
Past Performance of Dhruv Bhatia
| Fund | Edelweiss Mid Cap Fund | It’s Benchmark | Edelweiss Small Cap Fund | It’s Benchmark |
| 1 Year | 37.13 | 23.10 | 22.24 | 20.93 |
| 3 Year | 25.90 | 21.78 | 21.07 | 20.41 |
| 5 Year | 31.66 | 28.08 | 31.83 | 29.12 |
| 7 Year | 19.59 | 16.81 | — | — |
| 10 Year | 20.16 | 18.69 | — | — |
As on 09-01-2025
Past Performance of Trideep Bhattacharya
| Fund | Edelweiss Flexi Cap Fund | It’s Benchmark | Edelweiss Large & Mid Cap Fund | It’s Benchmark |
| 1 Year | 23.60 | 15.15 | 22.97 | 14.13 |
| 3 Year | 16.67 | 14.19 | 16.78 | 13.53 |
| 5 Year | 20.10 | 19.08 | 21.13 | 17.85 |
| 7 Year | 14.03 | 14.00 | 15.42 | 13.83 |
| 10 Year | — | — | 14.74 | 13.51 |
As on 09-01-2025
Note on Fund Managers’ performance
[ C ] Conclusion
X
Is it good to invest in Edelweiss Consumption Fund NFO?
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