Edelweiss Business
Cycle Fund
(An open-ended equity scheme following business cycle-based investing theme)
Data as on 31st October, 2024
| Investment Objective : 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. |
|
| Inception Date | 29-Jul-24 |
| Benchmark | NIFTY 500 TRI |
| Fund Managers Details | Mr. Bhavesh Jain Experience: 16 years Managing Since: 29-Jul-24 Mr. Bharat Lahoti Experience: 18 years Managing Since: 29-Jul-24 Overseas Securities: Mr. Amit Vora Experience: 16 years Managing Since: 29-Jul-24 |
| Minimum Investment Amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter. |
| Additional investment amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter. |
| Exit Load |
|
| Total Expense Ratios~: | Regular Plan 2.00% Direct Plan 0.29% |
| Month End AUM |
Rs. 1,828.45 Crore
|
| Monthly Average AUM |
Rs. 1,894.37 Crore
|
| Regular Plan Growth Option |
9.3833 |
| Regular Plan IDCW Option |
9.3833
|
| Direct Plan Growth Option | 9.4255 |
| Direct Plan IDCW Option |
9.4255
|
| (as on October 31, 2024) |
|
Name of Instrument
|
Industry
|
% to Net
Assets
|
| Equities | 97.38% | |
| Trent Ltd. | Consumer Services | 4.72% |
| Kalyan Jewellers India Ltd. | Consumer Durables | 4.34% |
| Solar Industries India Ltd. | Chemicals | 3.46% |
| Oracle Financial Services Software Ltd. | Information Technology | 3.12% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 3.11% |
| Suzlon Energy Ltd. | Capital Goods | 3.00% |
| Bharat Dynamics Ltd. | Capital Goods | 2.62% |
| Zomato Ltd. | Consumer Services | 2.55% |
| Vedanta Ltd. | Metals & Mining | 2.50% |
| JSW Energy Ltd. | Power | 2.35% |
| Cummins India Ltd. | Capital Goods | 2.33% |
| Torrent Power Ltd. | Power | 2.30% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.26% |
| HCL Technologies Ltd. | Information Technology | 2.26% |
| Persistent Systems Ltd. | Information Technology | 2.26% |
| Prestige Estates Projects Ltd. | Realty | 2.22% |
| Bharat Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 2.16% |
| Bajaj Auto Ltd. | Automobile & Auto Components | 2.02% |
| Indian Oil Corporation Ltd. | Oil, Gas & Consumable Fuels | 2.01% |
| Rail Vikas Nigam Ltd. | Construction | 2.00% |
| Tata Consultancy Services Ltd. | Information Technology | 1.99% |
| Indus Towers Ltd. | Telecommunication | 1.92% |
| Power Finance Corporation Ltd. | Financial Services | 1.91% |
| BSE Ltd. | Financial Services | 1.84% |
| The Phoenix Mills Ltd. | Realty | 1.70% |
| UNO Minda Ltd. | Automobile & Auto Components | 1.66% |
| Oil India Ltd. | Oil, Gas & Consumable Fuels | 1.63% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 1.24% |
| VARUN BEVERAGES LIMITED | Fast Moving Consumer Goods | 1.22% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 1.19% |
| Hitachi Energy India Ltd. | Capital Goods | 1.19% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 1.13% |
| Blue Star Ltd. | Consumer Durables | 1.10% |
| Nippon Life India Asset Management Ltd. | Financial Services | 1.09% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.05% |
| Global Health Ltd. | Healthcare | 1.05% |
| Balkrishna Industries Ltd. | Automobile & Auto Components | 1.04% |
| P I INDUSTRIES LIMITED | Chemicals | 1.03% |
| Coromandel International Ltd. | Chemicals | 1.02% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.02% |
| Bajaj Finserv Ltd. | Financial Services | 1.01% |
| Aurobindo Pharma Ltd. | Healthcare | 1.00% |
| GlaxoSmithKline Pharmaceuticals Ltd. | Healthcare | 0.99% |
| EIH Ltd. | Consumer Services | 0.98% |
| ICICI Lombard General Insurance Co. Ltd. | Financial Services | 0.97% |
| KEI Industries Ltd. | Capital Goods | 0.96% |
| Exide Industries Ltd. | Automobile & Auto Components | 0.96% |
| Colgate Palmolive (India) Ltd. | Fast Moving Consumer Goods | 0.96% |
| Marico Ltd. | Fast Moving Consumer Goods | 0.95% |
| Mphasis Ltd. | Information Technology | 0.94% |
| Hindustan Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.94% |
| Garden Reach Shipbuilders & Engineers | Capital Goods | 0.94% |
| Jupiter Wagons Ltd. | Capital Goods | 0.93% |
| TVS Holdings Ltd. | Financial Services | 0.91% |
| REC Ltd. | Financial Services | 0.87% |
| Titagarh Rail Systems Ltd. | Capital Goods | 0.86% |
| Ircon International Ltd. | Construction | 0.84% |
| KPIT Technologies Ltd. | Information Technology | 0.78% |
| Cash & Other Receivables | 2.62% | |
| TREPS_RED_04.11.2024 | 2.57% | |
| Cash & Cash Equivalent | 0.05% | |
| Grand Total | 100.00% |
|
Total stocks
in portfolio
|
58 |
Top 10 stocks |
31.76% |
|
Active
Share
|
80.47% |
|
Net Equity
|
97.37% |
This Product is suitable for investors who are seeking*:
- Long term capital appreciation
- Investment in equity and equity related instruments with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.
*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 Very High Risk
Benchmark Riskometer: Nifty 500 TRI
Investors understand that their principal will be at Very High Risk
The scheme has been in existence for less than 6 month, hence performance has not been disclosed
Notes:
1.
The scheme is currently managed by Mr. Bharat Lahoti (managing this fund from July 29, 2024). & Mr. Bhavesh Jain (managing this fund from July 29, 2024). & Overseas Fund Manager: Mr. Amit Vora
(managing this fund from July 29, 2024)