“Ranked among the top two consumer markets worldwide, India’s consumption story is poised for exponential growth. Driven by rising disposable incomes, urbanization, digitalization, easy credit, and a youthful demographic dividend, consumer businesses are set to thrive. The Edelweiss Consumption Fund aims to capitalize on this multi-decade opportunity. The launch is also timely, as stock prices have corrected meaningfully, presenting a good entry point for long-term investors,” said Radhika Gupta, MD & CEO, Edelweiss Mutual Fund.
