Edelweiss Mutual Fund launches Edelweiss US Technology Equity Fund of Fund

Mutual Fund
Feb 14, 2020 by Advisorkhoj Team | Mutual Fund | 11 Downloaded

NFO period: 14th February – 28th February, 2020

Highlights of the NFO:

  • Scheme type – An open ended fund of fund scheme investing in JPMorgan Funds – US Technology Fund

  • Investment objective – The primary investment objective of the scheme is to seek to provide long term capital growth by investing predominantly in JPMorgan Funds – US Technology Fund, an equity fund which invests primarily in US technology companies with strong fundamentals. 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.

  • Product suitability – The product is suitable for investors who are seeking long term capital Growth by investing predominantly in JPMorgan Funds – US Technology Fund, an equity oriented fund which invests primarily in US technology companies with strong fundamentals.

  • Minimum Application Amount – First investment is Rs. 5,000/- and in multiple of Rs. 1/- thereafter

  • Plan/ Options available – Regular Plan and Direct Plan. Each Plan will only offer Growth Option.

  • Fund Managers – Mr. Bhavesh Jain and Mr. Hardik Varma

  • Benchmark – Russel 1000 Equal Weighted Technology Index

(Mutual Fund investments are subject to market risks, read all scheme related documents carefully.)

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