Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Equity
Direct
Global - Other
NAV: ₹ 18.3 as on 29-11-2023
Fund Performance
57 people have invested ₹ 3.2L in Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 13.1% drop in AUM moving from 81.76 Cr to 71.07 Cr.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 22.68% return, outperforming this fund by 11.3% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 82.09% return, outperforming this fund by 66.1%.
In the last 3 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 13.17% return, outperforming this fund by 2.62% per annum.
INDmoney Rank of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
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IND ranking is not available for this fund.
Pros
Beats FD returns for both 3Y & 5Y duration
Cons
No bad points found for this fund.
About the 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
- Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth has ₹71 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 1.5.
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth Overview
 | 1.46% |
 Benchmark | MSCI Europe NR LCL |
 | ₹71 Cr |
 | 7 February, 2014 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0.04% |
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
68.9%
Mid cap
24.5%
Small cap
0.5%
Sector Allocation
Financial Services
20.7%
Industrial
20.5%
Consumer Cyclical
13.1%
Health
12.3%
Energy
8.5%
Consumer Defensive
7.3%
Utilities
6.7%
Basic Materials
5.2%
Communication
4.5%
Real Estate
1.2%
Top Holdings of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth as on (31-Oct-23)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 JPM Europe Dynamic I (acc) EUR | 99.73% | -1.4% |
Peer Analysis
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth Fund Manager
Bharat Lahoti
Fund Manager of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth, since 1 October 2021
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth, since 9 April 2018
Top funds managed
Edelweiss Europe Dynamic Equity Offshore Fund 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 6.36% since inception which is more than its category average return of 5.31%
Fund Allocations
This fund has an allocation of 95.95% in Equity, 0.01% in Debt and 0.97% in Cash related instruments
AUM size ₹71 Cr
This fund has AUM of ₹71 Cr which is less than its category average of ₹ 424 Cr
Expense Ratio 1.46%
This fund has an expense ratio of 1.46% which is more than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth is ₹18.31 as on 29-Nov-2023.
Existing (Absolute + CAGR) as on 29-Nov-2023.
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 10.78% | 10.78% |
6 Month Returns | 4.87% | 4.87% |
1 Year Returns | 16% | 16% |
3 Years Returns | 35.11% | 10.55% |
5 Years Returns | 71.43% | 11.38% |
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1.46% as on October 2023
₹71 Cr as on October 2023
Financial Services(19.87%), Industrial(19.66%), Consumer Cyclical(12.57%) as on October 2023
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 October 2023
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 October 2023
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 | 0.53 | 0.49 | 0.22 |
As on October 2023
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 | 13.42 | 18.33 | 18.89 |
As on October 2023
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 0.85 as on October 2023. 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%