Edelweiss Small Cap Fund: Edelweiss Mutual Fund is issuing New Fund Offer (NFO) named Edelweiss Small Cap Fund from 18-January-2019 to 1-February-2019.
According to the Edelweiss Mutual Fund, this scheme is suitable for the investors who are seeking:-
- Long-term capital appreciation and
- Investments predominantly in equity and equity related securities of small cap companies.
| Name of the Scheme | Edelweiss Small Cap Fund |
|---|---|
| Fund House | Edelweiss Mutual Fund |
| Scheme Type | Open-Ended |
| Scheme Category | Small Cap Fund |
| Plans | Direct and Regular, both have Growth and Dividend Options |
| Issue Starts | 18-January-2019 |
| Issue Closes | 1-February-2019 |
| NFO Unit Price | Rs 10 per unit |
| Minimum Investment | Rs 5000 |
| Entry Load | No |
| Exit Load | 1%, if redeemed within a year, Nil, if redeemed after a year. |
| Investment Manager | Edelweiss Asset Management Limited |
Investment Objectives
According to the fund house, the investment objectives of the scheme is as follows:-
The investment objective of the scheme is to generate long term capital appreciation from a portfolio that predominantly invests in equity and equity related securities of small cap companies.
However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Proposed Asset Allocation
| Instruments | Indicative allocations (% of total assets) |
Risk Profile | |
|---|---|---|---|
| Minimum | Maximum | High/ Medium/ Low | |
| Equity and Equity related securities of Small Cap companies* |
65 | 100 | Medium to High |
| Equity and Equity related securities of other companies |
0 | 35 | Medium to High |
| Debt and money market instruments^ | 0 | 35 | Low |
*Small Cap: 251st company onwards in terms of full market capitalization.
^Money market instruments include Commercial Papers, Commercial Bills, Treasury Bills, Tri‐ party Repo, government securities having unexpired maturity up to one year, Call or Notice Money, Certificate of Deposits, Usance Bills, Repo, and any other like securities as specified by the RBI from time to time.
About Edelweiss Mutual Fund
Edelweiss Mutual Fund is sponsored by Edelweiss Financial Services Limited, India’s leading diversified financial service provider founded in the year 1995.
Edelweiss Mutual Fund was incorporated in the year 2007. As of 30-Sep-2018, the Total Asset Under Management (AUM) of Edelweiss Mutual Fund is Rs 14,161.46 Crores.
Registered Address: 801, 802 & 803, 8th Floor, Windsor, Off C.S.T. Road, Kalina, Santacruz (E), Mumbai 400098, Maharashtra
Website: www.edelweissmf.com
(Read: NFO: New Fund Offer of Mutual Funds)
Please click here to read the scheme related document.
Disclaimer: This post is just an information about the scheme. It does not give any advice or recommendation. Mutual Fund investments are subject to market risk. Please read the offer document carefully before investing. It is also advised to consult your financial advisor of necessary suggestions.
Follow us on Facebook, LinkedIn, and Twitter to get the latest posts.
Tags: #NFO #Mutual Fund #New Mutual Fund #Edelweiss NFO #New Fund Offer
