Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth
Equity
Direct
Global - Other
NAV: ₹ 36.7 as on 01-12-2023
Fund Performance
1826 people have invested ₹ 1.1Cr in Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 23.3% drop in AUM moving from 1.73K Cr to 1.33K Cr.
In the last 3 years, ICICI Prudential US Bluechip Equity Fund Direct Plan Growth has given 13.57% return, outperforming this fund by 24.5% per annum.
In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 73.58% return, outperforming this fund by 79.75%.
Over the last 3 months, this fund has decreased expense ratio by 34.5% moving from 2.20 to 1.44.
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 22.57% return, outperforming this fund by 14.71% per annum.
INDmoney Rank of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth
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IND ranking is not available for this fund.
Pros
5Y returns in the top 25% of the category
Larger AUM within category
Cons
3Y returns in the bottom 25% of the category
About the Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth has ₹1332 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 1.4.
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth Overview
 | 1.44% |
 Benchmark | MSCI Golden Dragon NR USD |
 | ₹1332 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 0.04% |
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth Distribution as on (31-Dec-69)
Size breakup
Large cap
91.6%
Mid cap
3.5%
Sector Allocation
Tech
29.2%
Consumer Cyclical
17.6%
Communication
16.5%
Financial Services
13.5%
Industrial
6.5%
Health
5.4%
Consumer Defensive
4.7%
Real Estate
3.6%
Basic Materials
1.7%
Utilities
1.4%
Top Holdings of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth as on (30-Nov-23)
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 JPM Greater China I2 (acc) USD | 100.46% | -1.7% |
Peer Analysis
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth Fund Manager
Bhavesh Jain
Fund Manager of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth, since 9 April 2018
Top funds managed
Bharat Lahoti
Fund Manager of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth, since 1 October 2021
Top funds managed
Edelweiss Greater China Equity Off-shore Fund Direct Plan 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 9.09% since inception which is more than its category average return of 5.36%
Fund Allocations
This fund has an allocation of 97.08% in Equity, 3.03% in Debt and -0.11% in Cash related instruments
AUM size ₹1332 Cr
This fund has AUM of ₹1332 Cr which is more than its category average of ₹ 424 Cr
Expense Ratio 1.44%
This fund has an expense ratio of 1.44% which is more than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth is ₹36.73 as on 01-Dec-2023.
Existing (Absolute + CAGR) as on 01-Dec-2023.
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.17% | 4.17% |
6 Month Returns | -4.5% | -4.5% |
1 Year Returns | -6.17% | -6.17% |
3 Years Returns | -29.34% | -10.93% |
5 Years Returns | 46.01% | 7.86% |
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1.44% as on November 2023
₹1332 Cr as on November 2023
Tech(28.33%), Consumer Cyclical(17.11%), Communication(15.98%) as on November 2023
The alpha ratio for the Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth | -6.64 | -3.94 | 3.56 |
As on November 2023
The alpha for Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth is calculated against MSCI Golden Dragon NR USD. 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 Greater China Equity Off-shore Fund Direct Plan Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth | 1 | 1.03 | 1.07 |
As on November 2023
The Beta for Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth is calculated with MSCI Golden Dragon NR USD. 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 Greater China Equity Off-shore Fund Direct Plan Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth | -0.42 | -0.55 | 0.23 |
As on November 2023
The sharpe ratio for Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth is calculated with MSCI Golden Dragon NR USD. 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 Greater China Equity Off-shore Fund Direct Plan Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth | 20.15 | 24.57 | 23.57 |
As on November 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.
Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth
The Exit load of Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth is 1%