Edelweiss Equity Opportunities Fund

 
OVERVIEW

The Edelweiss Equity Opportunities Fund is an an open-ended Equity Growth Scheme with an investment objective of the Scheme is to generate income and long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.

However, there can be no assurance that the investment objective of the Scheme will be realised.

 

FUND INFORMATION
  • Fund Facts
  • Asset Allocation
  • Options
  • Load Structure
  • Applicable NAV
  • Fees & Expenses

Name: Edelweiss Equity Opportunities Fund

Scheme Type: An Open-Ended Equity Growth Scheme

Investment Objective: The investment objective of the Scheme is to generate income and long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives.
However, there is no assurance that the investment objective of the scheme will be realized.

Benchmark: S&P BSE 200 Index.

Fund Manager : Mr. Harshad Patwardhan

Asset Allocation

Instruments Indicative Allocation (% of Total Assets) Risk Profile
Equity and equity related securities* 65% - 100% Medium to High
Debt and money market instruments 0%-35% Low to Medium

* Includes investments in equity and equity related securities issued by domestic companies; including derivatives traded on the Futures and Options segment of Indian stock exchanges not exceeding 50% of the net assets of the Scheme, offshore securities, ADRs and GDRs not exceeding 10% of the net assets of the Scheme as on March 31 of each relevant year. Investment in securitised debt may be made to the extent of 20% of net assets of the Scheme

Plans / Options / Facilities:

The Scheme offers two plans –
1. Regular Plan and
2. Direct Plan.

Each Plan offers two options –
1. Growth option and
2. Dividend option.

The dividend option offers
(a) dividend payout and
(b) dividend reinvestment

Growth option: Under this option no dividend will be declared.

Dividend option: Under this option, a dividend may be declared by the Trustee, at its discretion, from time to time (subject to the availability of distributable surplus as calculated in accordance with the SEBI Regulations). The Dividend option offers dividend payout and dividend reinvestment. There is no assurance or guarantee to Unit Holders as to the rate of dividend distribution nor that the dividends will be regularly declared, though it will be the endeavour of the Mutual Fund to make regular dividend distribution under the Dividend option. Dividend distribution is subject to availability to distributable surplus. If the investor does not clearly specify the choice of option at the time of investing, it will be treated as a Growth option.


Minimum Subscription / Redemption amount

Minimum initial application amount Minimum additional application amount Minimum redemption / no. of Units
₹ 5,000/- per application and in multiples of ₹ 1/- thereof. ₹ 1,000/- per application and in multiples of ₹ 1/- thereof. Under both Plans: ₹ 1,000/- or 100 Units. (The minimum amount balance after Redemption should be ₹ 500/- .In case the balance falls below 500 the units will be automatically redeemed along with the last redemption request.)
Load Structure

Entry Load: NIL

Exit Load:

  • 1.00% — If redeemed within 12 months from the date of allotment in respect of purchase made other than through SIP; and If redeemed within 12 months from the date of allotment of units of each instalment of SIP purchase
  • Nil — If redeemed after 12 months from the date of allotment in respect of purchase made other than through SIP; and If redeemed after 12 months from the date of allotment of units of each instalment of SIP purchase.

Applicable NAV

For applications for Purchases (along with a local cheque or demand draft payable at par at the place where the application is received / redemptions), accepted during the Ongoing Offer Period at the Designated Collection Centres on a Business Day up to the Cut-off time of the Scheme, the NAV of that day; and


For applications for Purchases (along with a local cheque or demand draft payable at par at the place where the application is received / redemption) accepted during the Ongoing Offer Period at the Designated Collection Centres on a Business Day after the Cut-off time of the Scheme, the NAV of the next Business Day.

Fees & Expenses

As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can be charged to the Scheme shall be subject to a percentage limit of daily net assets as given in the table below. Subject to the SEBI Regulations, expenses over and above the prescribed ceiling will be borne by the AMC

First Rs. 100 Crores* Next Rs. 300 Crores* Next Rs. 300 Crores* Over Rs. 700 Crores*
2.50% 2.25% 2.00% 1.75%

*of the daily net assets

In addition to the above, a charge of 20 bps on the daily net assets and a proportionate charge in respect of sales beyond T-15 cities subject to maximum of 30 bps on daily net assets will be charged to the scheme.

Service tax on investment and advisory fees will be charged to the Scheme in addition to the maximum limit of TER as prescribed in Regulation 52.

Direct Plan shall have a lower expense ratio excluding distribution expenses and commissions.

Any change in the expense ratio will be updated on the website within two working days.

Actual Current Recurring Expenses
 

This product is suitable for investors who are seeking*:
Riskometer
  • Long-term capital growth.
  • Investments predominantly in equity and equity related securities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at moderately high risk
 
 
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