Edelweiss Recently Listed IPO Fund

Edelweiss Recently Listed IPO Fund is a mutual fund of Edelweiss Mutual Fund. Previously, it was known as Edelweiss Maiden Opportunites Fund and it was a close-ended fund having its maturity on 28th June 2021. However, after maturity i.e. from 29th June 2021, the fund will be converted into an open-ended scheme and will be renamed as Edelweiss Recently Listed IPO Fund.

The continuous sale and repurchase in the fund will start from 29th June 2021.

Investment Objective

The investment objective of the scheme is to provide long-term capital growth by investing in equity and equity-related securities of recently listed 100 companies or upcoming Initial Public Offers (IPOs).

Features

The Fund will be investing at least 80% of its assets in equity and equity-related securities of recently listed 100 companies or upcoming Initial Public Offer (IPOs).
The fund also offers some exposure to debt & money market instruments.
The fund was incepted in February 2018.
As of 30th April 2021, the fund has generated a return of 14.3% vs 11.2% Nifty 500 (Benchmark).

Investment Strategy of Edelweiss Recently Listed IPO Fund

Fund gives the exposure to recent 100 IPOs to capture listing and post-listing gains.
Fund invests in new-age businesses which are getting listed.
Investments are done across the market caps.
Avoid investments in weak businesses.

Why invest in Edelweiss Recently Listed IPO Fund?

Fund gives easy access to IPOs.
Experienced fund managers lead to the right selection of companies.
Aims to benefit from listing and post-listing gains.

Top 10 Holdings of Edelweiss Recently Listed IPO Fund

Stock	Weightage
Dixon Technologies	6.70%
Avenue Supermarts	5.22%
Metropolis Healthcare	4.40%
Larsen & Toubro Infotech	4.35%
ICICI Lombard General Insurance Company	4.20%
HDFC Life Insurance Company	4.10%
Aavas Financiers	3.84%
HDFC Asset Management Company	3.80%
Gland Pharma	3.75%
SBI Life Insurance Company	3.62%

*As of 31st May 2021

Edelweiss Maiden Opportunities Fund - Past Returns

1 Year

3 Years

Since Inception

(Feb 2018)

Edelweiss Maiden Opportunities Fund

68.93%

12.98%

14.28%

Nifty 500 TRI (Benchmark)

55.74%

10.45%

11.21%

* As of 30th April 2021

Who Should Invest?

This scheme is suitable for investors who are -

Interested in long-term capital growth.
Interested in investments in recently listed companies or IPOs.
Recommended for investors with an investment horizon of 3-5 years & above.

Asset Allocation Pattern

Instruments	Minimum % of total assets (Indicative)	Maximum % of total assets (Indicative)
Equity and Equity-related securities of recently listed 100 companies or upcoming Initial Public Offer (IPOs).	80%	100%
Equity and Equity-related securities of other than recently listed 100 companies or upcoming Initial Public Offer (IPOs).	0%	20%
Debt and Money market instruments	0%	20%

About the Scheme

Name of the fund	Edelweiss Recently Listed IPO Fund
Fund launched by	Edelweiss Mutual Fund
Asset Management Company	Edelweiss Asset Management Limited
Type of scheme	An open-ended scheme investing in equity and equity-related securities of recently listed 100 companies or upcoming Initial Public Offer (IPOs)
Investment Objective	The investment objective of the scheme is to provide long-term capital growth by investing in equity and equity-related securities recently listed 100 companies or upcoming Initial Public Offer (IPOs)
Benchmark	India Recent 100 IPO Index
Entry Load	Not Applicable
Exit Load	-If units redeemed or switched out within 180 days - 2% of applicable NAV -If units are redeemed or switched out after 180 days - NIL
Taxation	Taxed as Equity -If units are redeemed within 12 months, gains are taxed as short term capital gain tax @15% -If units are sold after 12 months, gains are taxed as long term capital gain tax @10% on the gains exceeding ₹ 1 lakh in a financial year
Minimum Lumpsum Amount	₹ 5,000 & in multiple of ₹ 1 thereafter
Plans Available	Regular Direct
Options	Growth Income Distribution Cum Capital Withdrawal
Fund Managers	Mr. Bharat Lahoti and Mr. Bhavesh Jain