Equity
Direct
Index Funds
NAV as on 06-11-2024
₹ 20.3
▲0.5%
1D
Inception Returns
19.2%
/yr
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth 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.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has given a CAGR return of 19.21% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 42.28% and 17.14% respectively.
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health. Its top holdings are Sun Pharmaceuticals Industries Ltd, Cipla Ltd, Dr Reddy's Laboratories Ltd, Max Healthcare Institute Ltd Ordinary Shares, Apollo Hospitals Enterprise Ltd
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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
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 for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.5% |
Benchmark | MSCI Ind Dom & Wld HealthC 45 NR INR |
AUM | ₹162 Cr |
Inception Date | 26 October, 2020 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 7.8% |
STCG | Redeeming before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (30-Sep-24)
Top Sector in September was Health
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.28% | -0.28% |
6 Month Returns | 16.31% | 16.31% |
1 Year Returns | 42.28% | 42.28% |
3 Years Returns | 60.75% | 17.14% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | 2.59 | 0.81 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | 12.52 | 13.68 | - |