Edelweiss Greater China Equity Off shore Fund Direct Growth

Equity
Direct
Global - Other
Edelweiss Greater China Equity Off shore Fund Direct Growth

About the Fund

Edelweiss Greater China Equity Off shore Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss Greater China Equity Off shore Fund Direct Growth has ₹1301 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
  2. The fund has an expense ratio 1.3.

Returns

Edelweiss Greater China Equity Off shore Fund Direct Growth has given a CAGR return of 9.10% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -4.24%, -13.57% and 6.13% respectively.

Holdings

Edelweiss Greater China Equity Off shore Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Corporate, Industrial, Real Estate, Consumer Defensive, Health, Utilities, Government. Its top holdings are JPM Greater China I2 (acc) USD

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 Greater China Equity Off shore Fund Direct Growth

The primary investment objective of the Scheme is to provide long term capital appreciation by investing in JPMorgan Funds - Greater China Fund, an equity fund which invests primarily in a diversified portfolio of companies that are domiciled in, or carrying out the main part of their economic activity in, a country of Greater China region. However, there can be no assurance that the investment objective of the Scheme will be realised.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Greater China Equity Off shore Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
2416 people have invested ₹ 1.6Cr in Edelweiss Greater China Equity Off shore Fund Direct Growth in the last three months

INDmoney Rank

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IND ranking is not available for this fund.
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5Y returns in the top 25% of the category
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3Y returns in the bottom 25% of the category

Fund Overview

Expense ratio1.27%
Benchmark
MSCI Golden Dragon NR USD
AUM₹1301 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
0.04%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-Dec-69)

  • Equity 96.7%

  • Debt & Cash 3.3%

Sector Allocation

Jun'24

May'24

Apr'24

Tech
31.6%
Communication
17.9%
Consumer Cyclical
14.3%
Financial Services
14%
Industrial
9.1%
Real Estate
5.1%
Consumer Defensive
4.4%
Health
2.5%
Utilities
1.1%

as on (30-Jun-24)

  • Debt & Cash

Holdings
Weight%
1M Change
JPM Greater China I2 (acc) USD
JPM Greater China I2 (acc) USD
99.67%
1.6%

Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Greater China Equity Off shore Fund Direct Growth, since 1 October 2021
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Greater China Equity Off shore Fund Direct Growth, since 9 April 2018

Mutual Fund Insights

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Over the last 1 month, this fund has experienced a 2.2% growth in AUM moving from 1.27K Cr to 1.30K Cr.
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In the last 1 year, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 54.3% return, outperforming this fund by 59.18%.
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In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 25.22% return, outperforming this fund by 18.91% per annum.
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In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 22.63% return, outperforming this fund by 35.82% per annum.
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Over the last 1 month, this fund has decreased expense ratio by 9.3% moving from 1.40 to 1.27.

Edelweiss Greater China Equity Off shore 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 9.1% since inception which is more than its category average return of 8.58%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.66% in Equity, 2.44% in Debt and 0.9% in Cash related instruments
AUM size ₹1301 Cr

AUM size ₹1301 Cr

This fund has AUM of ₹1301 Cr which is more than its category average of ₹ 520 Cr
Expense Ratio 1.27%

Expense Ratio 1.27%

This fund has an expense ratio of 1.27% which is less than its category average expense ratio of 1.38%

Frequently Asked Questions

The current NAV of Edelweiss Greater China Equity Off shore Fund Direct Growth is ₹38.84 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
Edelweiss Greater China Equity Off shore Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
-2.36%
-2.36%
6 Month Returns
15.79%
15.79%
1 Year Returns
-4.24%
-4.24%
3 Years Returns
-35.43%
-13.57%
5 Years Returns
34.65%
6.13%
With INDmoney, the process of investing is very simple and involves zero commission.
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  • 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.
1.27% as on June 2024
₹1301 Cr as on June 2024
Tech(30.58%), Communication(17.31%), Consumer Cyclical(13.83%) as on June 2024
The alpha ratio for the Edelweiss Greater China Equity Off shore Fund Direct 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 Growth
-12.55
-8.33
0.82
As on June 2024
The alpha for Edelweiss Greater China Equity Off shore Fund Direct 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 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 Growth
1.06
1.01
1.05
As on June 2024
The Beta for Edelweiss Greater China Equity Off shore Fund Direct 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 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 Growth
-0.37
-0.75
0.15
As on June 2024
The sharpe ratio for Edelweiss Greater China Equity Off shore Fund Direct 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 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 Growth
18.82
24.29
22.38
As on June 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.
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Greater China Equity Off shore Fund Direct Growth
The Exit load of Edelweiss Greater China Equity Off shore Fund Direct Growth is 1%