Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 15.18 as on 22-04-2024
Fund Performance
77 people have invested ₹ 4L in Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth in the last three months
Mutual Fund Insights
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 99.49% return, outperforming this fund by 96.42%.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 21.51% return, outperforming this fund by 19% per annum.
Over the last 3 months, this fund has experienced a 8.1% drop in AUM moving from 124.59 Cr to 114.55 Cr.
Over the last 6 months, this fund has decreased expense ratio by 7.0% moving from 1.43 to 1.33.
In the last 3 years, Kotak NASDAQ 100 Fund of Fund Direct Growth has given 11.51% return, outperforming this fund by 19.3% per annum.
INDmoney Rank of Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth
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IND ranking is not available for this fund.
Pros
Hold on while we find any good points for this fund.
Cons
Underperforms FD returns for both 3Y & 5Y period
About the Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth is an equity fund. This fund was started on 7 July, 2014. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth has ₹115 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.3.
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth Overview
 | 1.33% |
 Benchmark | MSCI EM NR INR |
 | ₹115 Cr |
 | 7 July, 2014 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0.11% |
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
90%
Mid cap
9.5%
Sector Allocation
Financial Services
29%
Tech
26.6%
Consumer Cyclical
14.4%
Communication
9.5%
Consumer Defensive
8.8%
Energy
4.8%
Basic Materials
2.6%
Industrial
2.2%
Health
2.1%
Top Holdings of Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth as on (31-Mar-24)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 JPM Emerging Mkts Opps I (acc) USD | 100.37% | -3.4% |
Peer Analysis
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth Fund Manager
Bhavesh Jain
Fund Manager of Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth, since 9 April 2018
Top funds managed
Bharat Lahoti
Fund Manager of Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth, since 1 October 2021
Top funds managed
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 4.35% since inception which is less than its category average return of 6.33%
Fund Allocations
This fund has an allocation of 99.6% in Equity, 0% in Debt and -0.16% in Cash related instruments
AUM size ₹115 Cr
This fund has AUM of ₹115 Cr which is less than its category average of ₹ 511 Cr
Expense Ratio 1.33%
This fund has an expense ratio of 1.33% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth is ₹15.18 as on 22-Apr-2024.
Existing (Absolute + CAGR) as on 22-Apr-2024.
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.74% | -2.74% |
6 Month Returns | 9.37% | 9.37% |
1 Year Returns | 4.46% | 4.46% |
3 Years Returns | -20.61% | -7.41% |
5 Years Returns | 13.83% | 2.62% |
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1.33% as on March 2024
₹115 Cr as on March 2024
Financial Services(28.85%), Tech(26.46%), Consumer Cyclical(14.39%) as on March 2024
The alpha ratio for the Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth | -2.94 | -4.37 | -1.7 |
As on March 2024
The alpha for Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth is calculated against MSCI EM NR 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 Emerging Markets Opportunities Equity Offshore Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth | 0.89 | 1.02 | 1.03 |
As on March 2024
The Beta for Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth is calculated with MSCI EM NR 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 Emerging Markets Opportunities Equity Offshore Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth | 0.02 | -0.56 | 0.03 |
As on March 2024
The sharpe ratio for Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth is calculated with MSCI EM NR 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 Emerging Markets Opportunities Equity Offshore Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth | 14.38 | 16.68 | 17.58 |
As on March 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 Emerging Markets Opportunities Equity Offshore Direct Growth
The Exit load of Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth is 1%