Edelweiss US Technology Equity Fund of Fund Direct Growth

Edelweiss US Technology Equity Fund of Fund Direct Growth is an equity fund. This fund was started on 2 March, 2020. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.

1. Edelweiss US Technology Equity Fund of Fund Direct Growth has ₹2737 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 1.5.
   

Edelweiss US Technology Equity Fund of Fund Direct Growth has given a CAGR return of 22.86% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.93%, 30.08% and 18.98% respectively.

Edelweiss US Technology Equity Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Health, Real Estate, Government, Corporate. Its top holdings are JPM US Technology I (acc) USD

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The primary investment objective of the scheme is to seek to provide long term capital growth by investing predominantly in JPMorgan Funds – US Technology Fund, an equity fund which invests primarily in US technologycompanies with strong fundamentals. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss US Technology Equity Fund of Fund Direct Growth has no lock in period.