Edelweiss Mutual Fund launched new NFO with Technology theme

Details about NFO of Edelweiss Technology Fund
Tushar··Updated Mar 25, 2026·about 2 minutes
nfoMutual FundsinvestmentTechnology

Edelweiss Mutual Fund entered the Mutual Funds industry in 2009, a young player amidst the global economic slowdown. Despite the odds, they navigated challenges and grew steadily.

NFO of Edelweiss Technology Fund Here's a quick timeline of Edelweiss MF:

2009: Launched amid global crisis, showcasing confidence in the Indian market.

2014: Acquired Forefront Capital, India's first domestic hedge fund.

2016: Acquired JP Morgan AMC's India business, quadrupling their size.

2019: Managed India's first corporate bond ETF, "Bharat Bond".

2020: First AMC to bring MSCI (leading index provider) to India.

2021: Launched India's first Target Maturity Index Fund.

2023: Crossed an impressive тВ╣1 lakh crore Assets Under Management (AUM).

Today, Edelweiss offers over 80 funds, manages over тВ╣1 lakh crore in AUM, and is considered one of the fastest-growing AMCs in India.

Now Edelweiss Mutual Fund is coming with NFO (New Fund Offer) in technology space. This fund aims to RIDE the technology wave in India with 70%-80% exposure to Indian technology companies. And remaing 20%-30% exposure to global technology companies. RIDE here literally means Renewalable, IT, Digital, EMS (Electronic Manufaturing Services). Thus the investment objective of the fund is "To provide long-term capital appreciation by investing predominantly in equity and equity-related securities of technology & technology-related companies.*".

This fund will be managed by Mr. Trideep Bhattacharya along with Mr. Sahil Shah. Global part of the fund will be handled by Mr. Amit Vora.

Benchmark for the fund is S&P BSE TECk TRI. This benchmark has given a returns of 18.8%, 17.7%, and 12.2% for a period of 1 year, 5 year, and 10 year period. And with 70:30 composition with US Tech bench mark returns for the same period goes to 29.4%, 21.8%, and 15.4%. So the fund belives that the India+US Tech combination has the potential to provide better returns vs a pure India Tech strategy.

NFO of the fund will remain open till 28th of February, 2024. As this is thematic equity oriented fund this fund comes under very high risk category.

To know more about fund check the NFO presentation .

To know if this fund is right fit in your overall wealth building plan, feel free to get in touch with us.

Google Preferred Source
Tushar
TusharSeasoned Financial Companion | Mutual Fund Distributor | Providing Expert Guidance to Help Clients Achieve Their Financial Goals ЁЯУИЁЯТ╝ | Ex- Software Developer

Read more about

Related Posts

NFO Alert : Bandhan Mutual Fund Launches Innovation FundNFO Alert : Bandhan Mutual Fund Launches Innovation FundAll about HDFC Reality Index Fund NFOAll about HDFC Reality Index Fund NFOMotilal Oswal Digital India Fund NFOMotilal Oswal Digital India Fund NFORev Up Your Portfolio: SBI Mutual Fund Launches SBI Automotive Opportunities Fund NFO!Rev Up Your Portfolio: SBI Mutual Fund Launches SBI Automotive Opportunities Fund NFO!

This communication is intended solely for general educational and informational purposes. The information provided is general in nature and does not take into account the specific financial goals, risk profile, investment horizon, financial circumstances or other requirements of any particular investor. It should not be construed as personalised investment advice or as a recommendation to buy, sell or hold any specific financial product.

Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully before investing. Past performance is not indicative of future results and may not be sustained.

The suitability of any mutual fund product, scheme, category or strategy discussed on this page depends on an investor's individual circumstances, including financial goals, risk appetite, investment horizon and liquidity requirements. Investors should independently assess suitability and, where appropriate, seek professional advice before making investment decisions.

Meta Investment is an AMFI-registered Mutual Fund Distributor (ARN-129322) and is not a SEBI-registered Investment Adviser. If investments are made through a mutual fund distributor, the distributor may receive commission from Asset Management Companies in respect of eligible Regular Plan investments. Commission structures may vary across schemes and AMCs. Such commissions should not influence suitability-based recommendations, and applicable conflicts of interest will be disclosed. Please refer to our Commission Disclosure for further details.

Tax treatment of mutual fund investments depends on individual circumstances and prevailing tax laws, which are subject to change. Investors should consult a qualified tax professional for advice specific to their circumstances.

This disclaimer is intended to provide general disclosure and does not replace any scheme-specific disclosures, risk factors, regulatory disclosures or information contained in the applicable Scheme Information Document (SID), Statement of Additional Information (SAI) and Key Information Memorandum (KIM).

Distributor Disclosure: Where this content is provided by a distributor/intermediary, any applicable commission, remuneration, affiliation or other material conflict of interest shall be disclosed separately. The availability of a product through the distributor does not by itself imply that the product is suitable for every investor.

No Guarantee: No statement on this page should be interpreted as a promise, assurance or guarantee of returns or investment outcomes.

Meta Investment тАУ Your Investment and Insurance Companion