Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth

Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth

Equity

Direct

Global - Other

NAV as on 11-12-2024

₹ 21.05

-0.4%

1D

Inception Returns

7.1%

/yr

About Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth

Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is an equity fund. This fund was started on 7 February, 2014. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth has ₹74 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 1.5.

Returns

Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth has given a CAGR return of 7.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 14.34%, 7.83% and 11.74% respectively.

Holdings

Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Consumer Cyclical, Energy, Communication, Health, Consumer Defensive, Tech, Basic Materials, Utilities, Real Estate. Its top holdings are JPM Europe Dynamic I (acc) EUR

Taxation

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 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 Europe Dynamic Equity Offshore Fund Direct Growth

The primary investment objective of the Scheme is to seek to provide long term capital growth by investing predominantly in the JPMorgan Funds - Europe Dynamic Fund, an equity fund which invests primarily in an aggressively managed portfolio of European companies. However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
268 people have invested ₹ 13.2L in Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth in the last three months

INDmoney Rank for Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth

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IND ranking is not available for this fund.
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3Y returns in the top 25% of the category
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Beats FD returns for both 3Y & 5Y duration
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No bad points found for this fund.

Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth Overview

Expense ratio1.5%
Benchmark
MSCI Europe NR LCL
AUM₹74 Cr
Inception Date7 February, 2014
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
0.2%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (11-Dec-24)

Period
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Global - Other Index
1M
-0.7%
-
3M
-1%
-
6M
0.4%
-
1Y
14.3%
-
3Y
7.8%
-
5Y
11.7%
-

Fund Distribution

as on (31-Dec-69)

  • Equity 96.7%

  • Debt & Cash 2.2%

Sector Allocation

Oct'24

Sep'24

Aug'24

Industrial
19.9%
Financial Services
19.4%
Consumer Cyclical
9.8%
Communication
9.2%
Consumer Defensive
9.2%
Health
9%
Energy
8.3%
Tech
5.7%
Basic Materials
4.9%
Utilities
2.9%
Real Estate
1.7%
  • Debt & Cash

Holdings
Weight%
1M Change
JPM Europe Dynamic I (acc) EUR
JPM Europe Dynamic I (acc) EUR
99.82%
0%
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Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth, since 1 October 2021
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth, since 9 April 2018
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

Mutual Fund Insights

Insights icon
Over the last 6 months, this fund has experienced a 11.0% drop in AUM moving from 83.52 Cr to 74.36 Cr.
Insights icon
In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 31.7% return, outperforming this fund by 23.72% per annum.
Insights icon
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 26.9% return, outperforming this fund by 14.9% per annum.
Insights icon
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 92.34% return, outperforming this fund by 77.16%.

Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.11% since inception which is less than its category average return of 9.24%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.67% in Equity, 0% in Debt and 2.23% in Cash related instruments
AUM size ₹74 Cr

AUM size ₹74 Cr

This fund has AUM of ₹74 Cr which is less than its category average of ₹ 531 Cr
Expense Ratio 1.5%

Expense Ratio 1.5%

This fund has an expense ratio of 1.5% which is more than its category average expense ratio of 1.44%

Frequently Asked Questions for Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth

The current NAV of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is ₹21.05 as on 11-Dec-2024.
Existing (Absolute + CAGR) as on 11-Dec-2024.
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-0.68%
-0.68%
6 Month Returns
0.39%
0.39%
1 Year Returns
14.34%
14.34%
3 Years Returns
25.38%
7.83%
5 Years Returns
74.17%
11.74%
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1.5% as on November 2024
₹74 Cr as on November 2024
Industrial(18.87%), Financial Services(17.18%), Consumer Cyclical(10.53%) as on November 2024
The alpha ratio for the Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
-
-
-
As on November 2024
The alpha for Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is calculated against MSCI Europe NR LCL. 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 Europe Dynamic Equity Offshore Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
-
-
-
As on November 2024
The Beta for Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is calculated with MSCI Europe NR LCL. 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 Europe Dynamic Equity Offshore Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
0.44
0.2
0.38
As on November 2024
The sharpe ratio for Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is calculated with MSCI Europe NR LCL. 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 Europe Dynamic Equity Offshore Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
12.28
16.45
18.7
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.
Sortino ratio is 0.29 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
The Exit load of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is 1%