Edelweiss Business
Cycle Fund
(An open-ended equity scheme following business cycle-based investing theme)
Data as on 31st August, 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 1.99% Direct Plan 0.28% |
| Month End AUM |
Rs. 1,878.77 Crore
|
| Monthly Average AUM |
Rs. 1,770.29 Crore
|
| Regular Plan Growth Option |
10.1428 |
| Regular Plan IDCW Option |
10.1428
|
| Direct Plan Growth Option | 10.1587 |
| Direct Plan IDCW Option |
10.1587
|
| (as on August 30, 2024) |
|
Name of Instrument
|
Industry
|
% to Net
Assets
|
| Equities | 99.05% | |
| Trent Ltd. | Consumer Services | 5.19% |
| Kalyan Jewellers India Ltd. | Consumer Durables | 4.19% |
| JSW Energy Ltd. | Power | 3.68% |
| Solar Industries India Ltd. | Chemicals | 3.48% |
| Power Finance Corporation Ltd. | Financial Services | 3.03% |
| Indus Towers Ltd. | Telecommunication | 2.94% |
| Suzlon Energy Ltd. | Capital Goods | 2.91% |
| Oracle Financial Services Software Ltd. | Information Technology | 2.57% |
| Zomato Ltd. | Consumer Services | 2.54% |
| Rail Vikas Nigam Ltd. | Construction | 2.45% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 2.31% |
| Oil India Ltd. | Oil, Gas & Consumable Fuels | 2.22% |
| Indian Oil Corporation Ltd. | Oil, Gas & Consumable Fuels | 2.19% |
| Hindustan Aeronautics Ltd. | Capital Goods | 2.19% |
| UNO Minda Ltd. | Automobile & Auto Components | 2.18% |
| Torrent Power Ltd. | Power | 2.11% |
| Persistent Systems Ltd. | Information Technology | 2.09% |
| Bharat Dynamics Ltd. | Capital Goods | 2.03% |
| HCL Technologies Ltd. | Information Technology | 1.95% |
| REC Ltd. | Financial Services | 1.95% |
| Tata Consultancy Services Ltd. | Information Technology | 1.93% |
| Prestige Estates Projects Ltd. | Realty | 1.90% |
| Mazagon Dock Shipbuilders Ltd. | Capital Goods | 1.77% |
| Exide Industries Ltd. | Automobile & Auto Components | 1.72% |
| Bajaj Auto Ltd. | Automobile & Auto Components | 1.32% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 1.19% |
| Coal India Ltd. | Oil, Gas & Consumable Fuels | 1.19% |
| VARUN BEVERAGES LIMITED | Fast Moving Consumer Goods | 1.17% |
| ICICI Bank Ltd. | Financial Services | 1.16% |
| ABB India Ltd. | Capital Goods | 1.16% |
| Avenue Supermarts Ltd. | Consumer Services | 1.13% |
| BSE Ltd. | Financial Services | 1.12% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 1.11% |
| Union Bank of India | Financial Services | 1.10% |
| Colgate Palmolive (India) Ltd. | Fast Moving Consumer Goods | 1.09% |
| Aurobindo Pharma Ltd. | Healthcare | 1.07% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 1.06% |
| KEI Industries Ltd. | Capital Goods | 1.05% |
| ICICI Lombard General Insurance Co. Ltd. | Financial Services | 1.04% |
| Global Health Ltd. | Healthcare | 1.03% |
| Coromandel International Ltd. | Chemicals | 1.03% |
| Garden Reach Shipbuilders & Engineers | Capital Goods | 1.02% |
| Jindal Stainless Ltd. | Metals & Mining | 1.02% |
| Jupiter Wagons Ltd. | Capital Goods | 1.02% |
| The Phoenix Mills Ltd. | Realty | 1.01% |
| EIH Ltd. | Consumer Services | 1.00% |
| Hitachi Energy India Ltd. | Capital Goods | 1.00% |
| Balkrishna Industries Ltd. | Automobile & Auto Components | 0.99% |
| P I INDUSTRIES LIMITED | Chemicals | 0.99% |
| Ircon International Ltd. | Construction | 0.98% |
| KPIT Technologies Ltd. | Information Technology | 0.98% |
| Titagarh Rail Systems Ltd. | Capital Goods | 0.97% |
| TVS Holdings Ltd. | Financial Services | 0.97% |
| Mphasis Ltd. | Information Technology | 0.97% |
| Blue Star Ltd. | Consumer Durables | 0.96% |
| GlaxoSmithKline Pharmaceuticals Ltd. | Healthcare | 0.96% |
| Hindustan Zinc Ltd. | Metals & Mining | 0.94% |
| Mangalore Refinery & Petrochemicals Ltd. | Oil, Gas & Consumable Fuels | 0.93% |
| Marico Ltd. | Fast Moving Consumer Goods | 0.92% |
| NMDC Ltd. | Metals & Mining | 0.89% |
| Cash & Other Receivables | 0.95% | |
| TREPS_RED_02.09.2024 | 1.19% | |
| Cash & Cash Equivalent | -0.24% | |
| Grand Total | 100.00% |
|
Total stocks
in portfolio
|
60 |
Top 10 stocks |
32.97% |
|
Active
Share
|
82.04% |
|
Net Equity
|
99.05% |
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)