Welcome To myplexus.com

Fund Facts
  • Name of Fund:
    Edelweiss Consumption
  • Opening:
    31st January 2025
  • Closing:
    14th February 2025
  • Scheme Type:
    Open Ended Equity Sectoral/ Thematic - Consumption
  • Minimum Investment:
    Rs. 100/- and in multiples of Re. 1/- thereafter
  • Plan:
    Regular and Direct
  • Options:
    Growth and IDCW
  • Entry Load:
    Nil
  • Exit Road:
    1% of NAV if units are redeemed/switched out on or before 90 days from the date of allotment
  • Thereafter:
    Nil

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
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

  • UNIQNESS
  • RETURN
  • RISK
  • OPERABILITY

OOMP 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.