| Launch date | 31 Jan 2025 |
| Allotment date | 21 Feb 2025 |
| End date | 14 Feb 2025 |
| 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 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | Not Supported |
Fund management
Dhruv BhatiaJan 2025 - PresentView details
Amit VoraJan 2025 - PresentView details
Trideep BhattacharyaJan 2025 - PresentView details
Fund house & investment objective
| Rank (total assets) | #15 in India |
|---|---|
| Total AUM | ₹1,37,526.56Cr |
| Date of Incorporation | 30 Apr 2008 |
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Edelweiss Consumption Fund Direct Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Dhruv Bhatia is the Current Fund Manager of Edelweiss Consumption Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,37,527 Cr and the Latest NAV as of 31 Jan 2025 is ₹10.00. The Edelweiss Consumption Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 1%, if redeemed within 90 days. ;
Investment Objective
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. ;
| Fund benchmark | NIFTY India Consumption Total Return Index |
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