Edelweiss US Technology Equity Fund of Fund Direct Growth
Edelweiss US Technology Equity Fund of Fund Direct Growth

Edelweiss US Technology Equity Fund of Fund Direct Growth

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Equity
Direct
Global - Other

NAV: ₹ 13.4 as on 08-12-2022

Fund Performance
zero opening, trading, fund transfer fee
1762 people have invested ₹ 1.6Cr in mutual fund in the last three months

INDmoney Rank

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Pros
Larger AUM within category
Cons
No bad points found for this fund.

Fund Performance

Return
1M
3M
6M
1Y
This Fund
8.5%
-4.8%
-8.6%
-36.4%
Benchmark
-
-
-
-
About the Fund

Edelweiss US Technology Equity Fund of Fund Direct Growth is an equity fund. This fund was started on  2 March, 2020. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.

Key parameters

1) Edelweiss US Technology Equity Fund of Fund Direct Growth has a NAV of 13.3875 as on 08-12-2022.

2) Edelweiss US Technology Equity Fund of Fund Direct Growth has 1518 Cr worth of assets under management (AUM) as on 31-10-2022 and is more than category average.

3) The fund has an expense ratio 1.42 %.

Fund Overview

Expense ratio
Expense ratio
1.42%
Benchmark
Benchmark
Russel 1000 Equal Weighted Technology
AUM
AUM
₹1518 Cr
Inception Date
Inception Date
2 March, 2020
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0.02%

Fund Distribution

  • Equity 95.4%
  • Debt & Cash 4.6%
Size breakup
Large cap
69.5%
Mid cap
24.1%
Small cap
3.5%

Sector Allocation

Oct'22

Sep'22

Aug'22

Tech

71.1%

Communication

12.5%

Consumer Cyclical

11.4%

Real Estate

2.7%

Health

2.3%

Top Holdings

  • All
  • Debt & Cash
Total Holdings3
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
icon
JPM US Technology I (acc) USD
99.99%
0.8%
icon
Clearing Corporation Of India Ltd.
0.45%
0%
icon
Accrued Interest
0%
0%

Fund Manager

Bharat Lahoti

Bharat Lahoti

Managing this fund since 1 October 2021

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Edelweiss Greater China Equity Off-shore Fund Direct Plan Growth
7.39%
--
Edelweiss US Technology Equity Fund of Fund Direct Growth
0%
--
Edelweiss Balanced Advantage Fund Direct Plan Growth
16.85%
11.8%
Bhavesh Jain

Bhavesh Jain

Managing this fund since 2 March 2020

Top funds managed

Scheme
Annualised Returns(3Y)
Category Returns(3Y)
Edelweiss Arbitrage Fund Direct Growth
4.82%
3.67%
Edelweiss US Technology Equity Fund of Fund Direct Growth
0%
--
Edelweiss Balanced Advantage Fund Direct Plan Growth
16.85%
11.8%

AMC details

Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Fund House
Edelweiss Asset Management Limited

Fund Highlights

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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 11.12% since inception which is more than its category average return of 0.91%
Fund Allocations

Fund Allocations

This fund has an allocation of 95.45% in Equity, 0% in Debt and 4.55% in Cash related instruments
AUM size ₹1518 Cr

AUM size ₹1518 Cr

This fund has AUM of ₹1518 Cr which is more than its category average of ₹ 423 Cr
Expense Ratio 1.42%

Expense Ratio 1.42%

This fund has an expense ratio of 1.42% which is less than its category average expense ratio of 1.45%

Frequently Asked Questions

The current NAV of Edelweiss US Technology Equity Fund of Fund Direct Growth is 13.39.
Existing (Absolute + CAGR)
Edelweiss US Technology Equity Fund of Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.47%
8.47%
6 Month Returns
-8.59%
-8.59%
1 Year Returns
-36.43%
-36.43%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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1.41 as on November 2022
1518 Cr as on November 2022
The alpha ratio for the Edelweiss US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Edelweiss US Technology Equity Fund of Fund Direct Growth
-
-
-
As on month end.
The alpha for Edelweiss US Technology Equity Fund of Fund Direct Growth is calculated against Russel 1000 Equal Weighted Technology. 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 US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Edelweiss US Technology Equity Fund of Fund Direct Growth
-
-
-
As on month end.
The Beta for Edelweiss US Technology Equity Fund of Fund Direct Growth is calculated with Russel 1000 Equal Weighted Technology. 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 US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Edelweiss US Technology Equity Fund of Fund Direct Growth
-1.65
-
-
As on month end.
The sharpe ratio for Edelweiss US Technology Equity Fund of Fund Direct Growth is calculated with Russel 1000 Equal Weighted Technology. 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 US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Edelweiss US Technology Equity Fund of Fund Direct Growth
30.07
-
-
As on month end.
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 US Technology Equity Fund of Fund Direct Growth
The Exit load of Edelweiss US Technology Equity Fund of Fund Direct Growth is 1%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.