Edelweiss Business Cycle Fund Direct Growth

Edelweiss Business Cycle Fund Direct Growth

Equity

Direct

Equity - Other

NAV as on 06-12-2024

₹ 9.67

0.9%

1D

Inception Returns

-3.3%

/yr

About Edelweiss Business Cycle Fund Direct Growth

Edelweiss Business Cycle Fund Direct Growth is an equity fund. This fund was started on 29 July, 2024. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss Business Cycle Fund Direct Growth has ₹1827 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Edelweiss Business Cycle Fund Direct Growth has given a CAGR return of -3.25% since inception.

Holdings

Edelweiss Business Cycle Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Tech, Basic Materials, Financial Services, Energy, Health, Utilities, Consumer Defensive, Real Estate, Communication. Its top holdings are Trent Ltd, Kalyan Jewellers India Ltd, Solar Industries India Ltd, Oracle Financial Services Software Ltd, Samvardhana Motherson International Ltd

Taxation

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Edelweiss Business Cycle Fund Direct Growth

The Fund seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on navigating business cycles through dynamic allocation between various sectors and stocks at different stages of business cycles in the economy.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Business Cycle Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
1896 people have invested ₹ 58.4L in Edelweiss Business Cycle Fund Direct Growth in the last three months

Edelweiss Business Cycle Fund Direct Growth Overview

Expense ratio0.29%
Benchmark
IISL Nifty 500 TR INR
AUM₹1827 Cr
Inception Date29 July, 2024
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Edelweiss Business Cycle Fund Direct Growth
Nifty 500
equity - other
1M
1.3%
2.9%
-
3M
-3.5%
-0.7%
-

Fund Distribution

as on (31-Oct-24)

  • Equity 97.4%

  • Debt & Cash 2.6%

Mid cap
55.8%

Large cap
36.1%

Small cap
5.5%

Sector Allocation

Oct'24

Sep'24

Aug'24

Consumer Cyclical
22.9%
Industrial
19.5%
Tech
14.2%
Basic Materials
8.2%
Financial Services
7.9%
Energy
6.9%
Health
5.2%
Utilities
4.8%
Consumer Defensive
4.4%
Real Estate
4%
Communication
2%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
61
61
63
Top 5 Company Concentration
18.7%
19.7%
19.5%
Company having highest exposure
Trent Ltd (4.7%)
Trent Ltd (4.7%)
Trent Ltd (5.2%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
72.7%
72.4%
71.9%
Sector having highest exposure
Consumer Cyclical (22.9%)
Consumer Cyclical (23.5%)
Consumer Cyclical (22.6%)
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Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Business Cycle Fund Direct Growth, since 29 July 2024
Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Business Cycle Fund Direct Growth, since 29 July 2024
Fund House
Edelweiss Asset Management Limited
Total AUM
₹1.05L Cr
as on 31-Oct-2024
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com

Edelweiss Business Cycle Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
Fund Allocations

Fund Allocations

This fund has an allocation of 97.38% in Equity, 0% in Debt and 2.62% in Cash related instruments
AUM size ₹1827 Cr

AUM size ₹1827 Cr

This fund has AUM of ₹1827 Cr which is less than its category average of ₹ 2182 Cr
Expense Ratio 0.29%

Expense Ratio 0.29%

This fund has an expense ratio of 0.29% which is less than its category average expense ratio of 1.17%

Frequently Asked Questions for Edelweiss Business Cycle Fund Direct Growth

The current NAV of Edelweiss Business Cycle Fund Direct Growth is ₹9.67 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Edelweiss Business Cycle Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.3%
1.3%
6 Month Returns
0%
0%
1 Year Returns
0%
0%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.29% as on November 2024
₹1827 Cr as on November 2024
Trent Ltd(4.72%), Kalyan Jewellers India Ltd(4.34%), Solar Industries India Ltd(3.46%), Oracle Financial Services Software Ltd(3.12%), Samvardhana Motherson International Ltd(3.11%) as on November 2024
Consumer Cyclical(22.29%), Industrial(19.02%), Tech(13.78%) as on November 2024
The alpha ratio for the Edelweiss Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Edelweiss Business Cycle Fund Direct Growth
-
-
-
As on November 2024
The alpha for Edelweiss Business Cycle Fund Direct Growth is calculated against IISL Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Edelweiss Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Edelweiss Business Cycle Fund Direct Growth
-
-
-
As on November 2024
The Beta for Edelweiss Business Cycle Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Edelweiss Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Edelweiss Business Cycle Fund Direct Growth
-
-
-
As on November 2024
The sharpe ratio for Edelweiss Business Cycle Fund Direct Growth is calculated with IISL Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Edelweiss Business Cycle Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Edelweiss Business Cycle Fund Direct Growth
-
-
-
As on November 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss Business Cycle Fund Direct Growth
The Exit load of Edelweiss Business Cycle Fund Direct Growth is 1%