Edelweiss Mutual Fund launched a focused equity fund, which will be open for subscription from July 12 to July 25.
The fund offers both direct and regular plans. It will invest in 25-30 stocks, including in the business-to-business (B2B) and business-to-customer (B2C) segments, providing a wider spectrum of opportunities for investors.
The scheme aims to invest in both established as well as emerging brands, companies.
According to reports, the fund will be managed by Trideep Bhattacharya, Chief Investment Officer-Equities, and Abhishek Gupta, Fund Manager, Edelweiss AMC.
Radhika Gupta, Managing Director and Chief Executive Officer, Edelweiss AMC, said, “We believe investment opportunities like brands, market share gainers, and innovators and disruptors will be the key growth trends. The Edelweiss Focused Equity fund will optimally capitalise on this segment.”
Edelweiss Mutual Fund, a member of the Edelweiss Group, is one of India’s youngest and fastest growing asset management companies.