Edelweiss Business Cycle Fund Review

Edelweiss Business Cycle Fund

Edelweiss Business Cycle Fund ReviewEdelweiss Business Cycle Fund Direct NFO Open on 09 July 2024 and Close on 23 July 2024. Edelweiss Business Cycle Fund Direct NFO Allotment Date is 30 July 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount  is ₹100. The Minimum SIP Investment Amount is ₹100.

Type of the Scheme

An open-ended equity scheme following business cycle-based investing theme.

Scheme Benchmark : NIFTY 500 Total Return Index : The index tracks the broader Indian equity market. Since the scheme’s portfolio will be market-cap agnostic and will be diversified both in terms of sector and number of stocks, the benchmark would be appropriate to compare performance of the Scheme. The AMC/Trustee reserves the right to change the benchmark for evaluation of the performance of the Scheme from time to time, subject to SEBI Regulations and other prevailing guidelines if any.

Edelweiss Business Cycle Fund Scheme Benchmark

Top constituents by weightage

Company Weightage
HDFC Bank Ltd. 6.55
Reliance Industries Ltd. 5.51
ICICI Bank Ltd. 4.48
Infosys Ltd. 2.86
Larsen & Toubro Ltd. 2.47
ITC Ltd. 2.15
Tata Consultancy Services Ltd. 2.12
Bharti Airtel Ltd. 2.03
Axis Bank Ltd. 1.88
State Bank of India 1.81

Edelweiss Business Cycle Fund Nfo Important Date

Scheme Offer Edelweiss Business Cycle Fund
Offer Price Rs. 10/- per Unit
Type of Scheme An open-ended
Open Date 09 July 2024
Allotment Date 30 July 2024
Close Date 23 July 2024
Category Sectoral/Thematic Funds
Min Inv ₹ 100
Lock in Period N/A
Risk Very High
Scheme Benchmark NIFTY 500 Total Return Index

Edelweiss Business Cycle Fund Nfo Other Details

Exit Load 1%
Exit Load Details Exit load of 1%, if redeemed within 90 days.
Entry Load N/A
Stamp Duty 0.005%
Min. Investment Rs. 100
Min. SIP Rs. 100

Edelweiss Business Cycle Fund Review Asset Allocation

Instruments Allocation Min Allocation Max
Equity and Equity related instruments selected on the basis of business cycle 80 100
Other Equity & Equity related instruments 0 20
Debt and money market instruments 0 20
Units issued by REITs and InvITs 0 10

Edelweiss Business Cycle Fund Sector Representation

Sector Weightage
Financial Services 28.79
Oil, Gas & Consumable Fuels 9.02
Information Technology 8.50
Automobile and Auto Components 7.49
Fast Moving Consumer Goods 6.87
Capital Goods 6.06
Healthcare 5.45
Power 3.98
Metals & Mining 3.88
Construction 3.22
Consumer Durables 3.06
Consumer Services 3.05
Telecommunication 2.75
Chemicals 2.05
Construction Materials 2.02
Services 1.70
Realty 1.33
Textiles 0.31
Media, Entertainment & Publication 0.22
Diversified 0.16
Forest Materials 0.08

Investment Objective of the Scheme ? 

The Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy. There is no assurance that the investment objective of the Scheme will
be achieved.

Edelweiss Business Cycle Fund Review Index Return

Index Return QTD YTD 1 Year 5 Years Since Inception
Price Return 11.38 16.11 37.31 18.49 11.14
Total Return 11.79 16.73 38.67 19.78 12.86

Edelweiss Business Cycle Fund Review Manager Details

  • Fund Manger :  Mr. Bhavesh Jain
  • Qualification  :  MMS (Finance), Mumbai University
  • Experience  :     Mr. Bhavesh Jain has a total work experience of over 14 years in the equity market segment. He has been associated with the AMC for over 11 years. Currently, he is co-head for hybrid and solution funds and manages various schemes of AMC and is a key person. He was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
  • Fund Manger :   Mr. Bharat Lahoti
  • Qualification  :   BE (Electronics & Telecommunication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
  • Experience  :      Mr. Bharat Lahoti has an overall work experience of 17 years in the research function of organizations in the financial services sector. He is associated with AMC from September 2015. Before 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.
  • Fund Manger :    Mr. Amit Vora
  • Qualification  :    B.Com, Mumbai University
  • Experience  :       Mr. Amit Vora, is a Bachelor of Commerce from the University of Mumbai and has more than 16 years of experience in the financial services sector as a Trader. Prior to joining Edelweiss Asset Management Limited he was associated with Antique Stock Broking Ltd., D. E. Shaw India Securities Pvt. Ltd., Derivium Tradition Securities India Pvt. Ltd. and Tower Capital and Securities Pvt. Ltd.

How Will The Scheme Allocate Its Assets?

  1. Equity and Equity related instruments.
  2. Debt and Money Market securities.
  3. Derivative Instruments.
  4. Covered Call Options.
  5. Units of Infrastructure Investment Trusts (InvITs) and Real Estate Investment Trusts (REITs).
  6. Schemes of Mutual Fund.m
  7. Overseas securities and overseas ETFs.

Also Read: Motilal Oswal Nifty India Defence Index Fund Review

Edelweiss Business Cycle Fund Manager Manages the Scheme? 

  1. Mr. Bhavesh Jain
  2. Mr. Bharat Lahoti
  3. Mr. Amit Vora

Edelweiss Business Cycle Fund Registrar

KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna

Edelweiss Business Cycle Fund Form Download

https://portal.amfiindia.com/spages/13944.pdf

Risk factors

Scheme Specific Risk Factors

The performance of the Scheme may be affected by changes in Government policies, general levels of interest rates and risks associated with trading volumes, liquidity and settlement systems, etc. Some of the Risks are listed below:

  1. Risk Factors Associated with Equity & Equity related instruments
  •  Investment Risk – The value of the Scheme’s investments may be affected generally by factors affecting securities markets, such as price and volume volatility in the capital   markets, etc. Investments in equity and equity related securities involve a degree of risk and investors should not invest in the Scheme unless they can afford to take the risk of   losing their investment.
  •  Settlement Risk – Settlement periods and transfer procedures may restrict the liquidity of the investments made by the Scheme. The Scheme may face liquidity risk or execution   risk or redemption risk or the risk of NAV going below par.
  •  Valuation Risk – The liquidity and valuation of the Scheme’s investments due to its holdings of unlisted securities may be affected if they have to be sold prior to the target date   for disinvestment.
  •  Liquidity Risk – The liquidity of the Scheme’s investments may be inherently restricted by trading volumes, transfer procedures and settlement periods. From time to time, the   Scheme will invest in certain securities of certain companies, industries, sectors, etc. based on certain investment parameters as adopted internally by AMC. While at all times the   AMC will endeavour that excessive holding/investment in certain securities of industries, sectors, etc. by the Scheme(s) are avoided, the funds invested by the Scheme in certain
     securities of industries, sectors, etc. may acquire a substantial portion of the Scheme’s investment portfolio and collectively may constitute a risk associated with non-   diversification and thus could affect the value of investments.
  •  Other Risk – At times, taking benefit of investing in Special Situations may involve certain risks like the promoter may choose not to accept the discovered prices or the   Regulatory  hurdles may delay any specific corporate action.
  •  Price Risk – The price of equity and equity related securities may go up or down depending on a variety of factors and hence investors may note that AMC/Fund Manager’s   investment decisions may not be always profitable. Although it is intended to generate capital appreciation and maximize the returns by actively investing in equity securities and   utilising debt and money market instruments as a defensive investment strategy.

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