The Edelweiss Recently Listed IPO Fund is an open-ended equity fund that invests in newly listed 100 businesses IPOs or forthcoming IPOs. The fund, which invests in newly listed stocks, has outperformed the benchmark Nifty this year, thanks to exceptional debuts like as Zomato.
The mutual fund has returned roughly 72.8% percent this year, exceeding gains of 24 percent for the NSE Nifty 50 Index as on date 23 November 2021.
This fund offers an investment option that allows investors to invest in public issues that have recently or will soon be listed.
Edelweiss Recently Listed IPO Fund is for people who wish to invest in the best forthcoming and recently listed IPOs and seek a concentrated exposure to IPOs with minimal investments, according to the fund's description.
Comments