Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
Equity
Direct
Index Funds
NAV: ₹ 16.98 as on 23-04-2024
Fund Performance
11 people have invested ₹ 34.1K in Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl in the last three months
About the Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl
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
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl has ₹143 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl Overview
 | 0.49% |
 Benchmark | MSCI Ind Dom & Wld HealthC 45 NR INR |
 | ₹143 Cr |
 | 26 October, 2020 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 9.07% |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl Distribution as on (31-Mar-24)
Size breakup
Large cap
68.4%
Mid cap
23%
Small cap
7.4%
Sector Allocation
Health
100%
Top Holdings of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl as on (31-Mar-24)
Equity Holdings45
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.24% whereas the fund’s underlying benchmark S&P BSE Healthcare returns stands at -0.05% as on Mar'24
- This fund outperformed S&P BSE Healthcare by 1.30% in Mar'24
AUM Change
- AUM of the fund stands at 143.2 Cr as of Mar'24
- AUM increased by 1.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Max Healthcare Institute Ltd | 16.9% |
 Apollo Hospitals Enterprise Ltd | 6.6% |
Peer Analysis
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl Fund Manager
Bhavesh Jain
Fund Manager of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl, since 1 October 2021
Top funds managed
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl 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 16.39% since inception which is less than its category average return of 19.5%
Fund Allocations
This fund has an allocation of 98.72% in Equity, 0% in Debt and 1.28% in Cash related instruments
AUM size ₹143 Cr
This fund has AUM of ₹143 Cr which is less than its category average of ₹ 689 Cr
Expense Ratio 0.49%
This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 0.51%
Frequently Asked Questions
The current NAV of Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl is ₹16.98 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Direct Payout Inc Dis cum Cptl Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | -1.18% | -1.18% |
6 Month Returns | 20.94% | 20.94% |
1 Year Returns | 36.7% | 36.7% |
3 Years Returns | 43.95% | 12.91% |
5 Years Returns | 0% | 0% |
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0.49% as on March 2024
₹143 Cr as on March 2024
Sun Pharmaceuticals Industries Ltd(14.85%), Cipla Ltd(7.5%), Dr Reddy's Laboratories Ltd(6.87%), Apollo Hospitals Enterprise Ltd(6.16%), Max Healthcare Institute Ltd Ordinary Shares(6.09%) as on March 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 March 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 March 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 | 2.57 | 0.85 | - |
As on March 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 | 12.91 | 13.61 | - |
As on March 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 1.45 as on March 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%