Edelweiss Focused Equity Fund Direct Growth
Equity
Direct
Focused Fund
NAV: ₹ 12.1 as on 21-09-2023
Fund Performance
146 people have invested ₹ 2.9L in Edelweiss Focused Equity Fund Direct Growth in the last three months
Fund Insights
In the last 1 year, HDFC Focused 30 Fund -Direct Plan - Growth Option has given 21.17% return, outperforming this fund by 4.43%.
This fund has one of the lowest expense ratio in the category (focused fund). Its expense ratio is 0.72% which is lower than the category average expense ratio of 1.28%.
Over the last 6 months, this fund has experienced a 22.8% growth in AUM moving from 478.46 Cr to 587.75 Cr.
About the Fund
Edelweiss Focused Equity Fund Direct Growth is an equity fund. This fund was started on 1 August, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Focused Equity Fund Direct Growth has ₹588 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.7.
Edelweiss Focused Equity Fund Direct Growth Overview
 | 0.72% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹588 Cr |
 | 1 August, 2022 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 39.81% |
Fund Distribution as on (31-Aug-23)
Size breakup
Large cap
73.3%
Mid cap
19.8%
Small cap
3.5%
Sector Allocation
Financial Services
29.9%
Industrial
22.5%
Tech
13.3%
Consumer Cyclical
10.1%
Consumer Defensive
7%
Health
5.8%
Energy
5.6%
Basic Materials
3.1%
Communication
1.7%
Real Estate
1.1%
Top Holdings of Edelweiss Focused Equity Fund Direct Growth as on (31-Aug-23)
Equity Holdings30
Edelweiss Focused Equity Fund Direct Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at -0.51% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 0.24% in Aug'23
AUM Change
- AUM of the fund stands at 587.7 Cr as of Aug'23
- AUM decreased by 5.2 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Edelweiss Focused Equity Fund Direct Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 20% |
 KEI Industries Ltd | 19.3% |
 Persistent Systems Ltd | 11.7% |
Top Losers | 1M Return |
|---|---|
 Cummins India Ltd | -11.4% |
 State Bank of India | -8.3% |
 HDFC Bank Ltd | -5.5% |
Peer Analysis
Fund 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 19.33% since inception which is more than its category average return of 14.47%
Fund Allocations
This fund has an allocation of 96.64% in Equity, 0% in Debt and 3.36% in Cash related instruments
AUM size ₹588 Cr
This fund has AUM of ₹588 Cr which is less than its category average of ₹ 3715 Cr
Expense Ratio 0.72%
This fund has an expense ratio of 0.72% which is less than its category average expense ratio of 1.5%
Frequently Asked Questions
The current NAV of Edelweiss Focused Equity Fund Direct Growth is ₹12.11 as on 21-Sep-2023.
Existing (Absolute + CAGR) as on 21-Sep-2023.
Edelweiss Focused Equity Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.71% | 3.71% |
6 Month Returns | 21.33% | 21.33% |
1 Year Returns | 16.74% | 16.74% |
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.
0.72% as on August 2023
₹588 Cr as on August 2023
HDFC Bank Ltd(8.94%), ICICI Bank Ltd(7.89%), Tata Consultancy Services Ltd Shs Dematerialised(6.76%), Larsen & Toubro Ltd(5.82%), Reliance Industries Ltd(5.39%) as on August 2023
Financial Services(28.86%), Industrial(21.72%), Tech(12.88%) as on August 2023
The alpha ratio for the Edelweiss Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Focused Equity Fund Direct Growth | 4.63 | - | - |
As on August 2023
The alpha for Edelweiss Focused Equity Fund Direct Growth is calculated against S&P BSE 500 India 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Focused Equity Fund Direct Growth | 0.8 | - | - |
As on August 2023
The Beta for Edelweiss Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Focused Equity Fund Direct Growth | 0.87 | - | - |
As on August 2023
The sharpe ratio for Edelweiss Focused Equity Fund Direct Growth is calculated with S&P BSE 500 India 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 Focused Equity Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Focused Equity Fund Direct Growth | 9.97 | - | - |
As on August 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.
The Exit load of Edelweiss Focused Equity Fund Direct Growth is 1%