Edelweiss Mf launched the consumption fund: Major things to learn before investing in NFO – CNBC TV18

Edelweiss Mf launched the consumption fund: Major things to learn before investing in NFO – CNBC TV18



Edelweiss Mutual Fund has launched a new fund designed to target India’s growing consumption story. The new fund offer (NFO) will be open for membership from January 31, 2025 to February 14, 2025.

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Edelvis consumption funds want to generate long-term capital praise by consuming funds and mainly in the equity and equity-related securities of companies in the affiliated fields.

The fund aims to redeem India’s rapidly growing consumption market, which is expected to witness $ 4.3 trillion in consumer expenses by 2030.

This will focus on core, emerging and cyclic consumption subjects, spreading areas such as FMCG, consumer durables, healthcare, education, and more. Radhika Gupta, MD and CEO of Edelweiss Mutual Fund, highlighted India’s situation as one of the top consumer markets globally.

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Gupta said, “With rising disposable income, urbanization and a young demographic, India’s consumed businesses are set to flourish. The purpose of this fund is to exploit these development opportunities, especially recent With attractive entry points as a result of market reforms, Gupta said.

Fund’s investment style is agnostic, which focuses on businesses classified as quality leaders, development champions and price pics. It will adopt a diverse approach to investing with India’s developed consumer preferences and economic flexibility.

The Edelvis Consumption Fund is open to a wide range of investors, with the minimum investment amount ₹ 100.

The scheme will be supervised by Dhruv Bhatia, Tridip Bhattacharya and Amit Vora.

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