Edelweiss Business Cycle Fund Direct-Growth - NFO

Equity
Thematic
Very High Risk
Launch date09 Jul 2024
Allotment date30 Jul 2024
End date23 Jul 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: NA

Inclusive of GST

Exit load

Exit load of 1%, if redeemed within 90 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms

Minimum investment amounts

Min. for 1st investmentNot Supported
Min. for 2nd investment onwardsNot Supported
Min. for SIPNot Supported

Fund management

Bhavesh Jain
Jul 2024 - Present
View details

Education
Mr. Jain is a MMS (Finance) from Mumbai University.
Experience
Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Also manages these schemes

Bharat Lahoti
Jul 2024 - Present
View details

Education
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
Experience
Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
Also manages these schemes

Fund house & investment objective

Rank (total assets)#15 in India
Total AUM₹1,37,526.56Cr
Date of Incorporation30 Apr 2008

Edelweiss Business Cycle Fund Direct-Growth - NFO is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Bhavesh Jain is the Current Fund Manager of Edelweiss Business Cycle Fund Direct-Growth - NFO fund. The fund currently has an Asset Under Management(AUM) of ₹1,37,527 Cr and the Latest NAV as of 30 Jul 2024 is ₹10.00. The Edelweiss Business Cycle Fund Direct-Growth - NFO is rated Very High risk. Minimum SIP Investment is set to ₹100. Exit load of 1%, if redeemed within 90 days. ;

Fund benchmarkNIFTY 500 Total Return Index

Fund house contact details

Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Launch Date
30 Apr 2008
E-mail
NA
Website
NA
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