Edelweiss Mutual Fund Launches US Technology Equity Fund of Fund

With the aim  to come up with truly innovative ideas that don’t exist today and bridge the gap between what investors want and what the industry has to offer, the newly launched Maiden Opportunities Fund by Edelweiss is first-of-its-kind in the industry. The fund intends to invest in recent and upcoming listings while following a disciplined approach. Edelweiss’s Maiden Opportunities Fund proposes to make investing in such maiden ideas accessible and simpler for retail investors.

Following a well informed and structured investment approach, investors can benefit from the recent activities in the IPO market. Edelweiss Maiden Opportunities Fund- Series 1 is a three year close-ended fund investing in equity and equity related shares of new and upcoming companies. Currently managed by the fund managers, Bharat Lahoti and Bhavesh Jain, the shares of this fund will be open for subscription from 2 February 2018 to 16 February 2018.

The recently introduced, Edelweiss Maiden Opportunities Fund- Series 1 acts an offering on the mutual fund platform investing in only recently listed companies and the upcoming listings. The fund aims to address the following major aspects of IPO investing-

• Providing access to newly listed companies
• Enabling the right selection of IPOs
• Optimising post listing gains from the recently listed universe
• Investing in the upcoming listings by considering their future potential gains
• Protecting downside risk by hedging through long dated put options

The IPO market has recently welcomed a raise of Rs. 1,00,000 crore with the introduction of new sectors. The market has used this capital in creating multiple maiden investment opportunities for the investors.