Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl

Equity
Direct
Index Funds
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl

About the Fund

Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is an equity fund. This fund was started on 26 October, 2020. The fund is managed by Bhavesh Jain. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl has ₹138 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl has given a CAGR return of 18.11% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 40.82% and 13.81% respectively.

Holdings

Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl has allocated its funds majorly in Cash Equivalent, Health. Its top holdings are Sun Pharmaceuticals Industries Ltd, Cipla Ltd, Dr Reddy's Laboratories Ltd, Apollo Hospitals Enterprise Ltd, Max Healthcare Institute Ltd Ordinary Shares

Taxation

As it is a index funds 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 MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl

The Scheme will invest in stocks comprising of the MSCI India Domestic & World Healthcare 45 Index with the objective to provide investment returns that, before expenses, closely corresponds to the returns equivalent to the index, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
7 people have invested ₹ 40K in Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl in the last three months

Fund Overview

Expense ratio0.49%
Benchmark
MSCI Ind Dom & Wld HealthC 45 NR INR
AUM₹138 Cr
Inception Date26 October, 2020
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
9.07%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Large cap
68.9%

Mid cap
24.6%

Small cap
6.4%

Sector Allocation

May'24

Apr'24

Mar'24

Health
100%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl, since 1 October 2021

Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl 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 18.11% since inception which is less than its category average return of 22.01%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.93% in Equity, 0% in Debt and 0.07% in Cash related instruments
AUM size ₹138 Cr

AUM size ₹138 Cr

This fund has AUM of ₹138 Cr which is less than its category average of ₹ 752 Cr
Expense Ratio 0.49%

Expense Ratio 0.49%

This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is ₹18.31 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
5.66%
5.66%
6 Month Returns
20.2%
20.2%
1 Year Returns
40.82%
40.82%
3 Years Returns
47.43%
13.81%
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.
0.49% as on May 2024
₹138 Cr as on May 2024
Sun Pharmaceuticals Industries Ltd(13.29%), Cipla Ltd(7.24%), Dr Reddy's Laboratories Ltd(6.48%), Apollo Hospitals Enterprise Ltd(5.66%), Max Healthcare Institute Ltd Ordinary Shares(5.6%) as on May 2024
The alpha ratio for the Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
-
-
-
As on May 2024
The alpha for Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is calculated against MSCI Ind Dom & Wld HealthC 45 NR 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 MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
-
-
-
As on May 2024
The Beta for Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is calculated with MSCI Ind Dom & Wld HealthC 45 NR 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 MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
1.89
0.59
-
As on May 2024
The sharpe ratio for Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is calculated with MSCI Ind Dom & Wld HealthC 45 NR 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 MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
13.81
13.18
-
As on May 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 0.96 as on May 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Bhavesh Jain is the fund manager of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
The Exit load of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is 0%