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Edelweiss US Technology Equity FoF Direct - Growth
Unrated
NAV as of Jan 13, 2025
27.65-0.36%
- Growth - Direct
(Earn upto 0.89% Extra Returns with Direct Plan)
Fund Category:
Equity: International
Expense Ratio:
0.68%(0.74% Category
average)Fund Size:
Rs. 2,645.38 Cr(5.70% of Investment in Category)
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Edelweiss US Technology Equity FoF Direct - Growth
Unrated
NAV as of Jan 13, 2025
27.65-0.36%
Expense Ratio:
0.68%
Fund Size:
Rs. 2,645.38 Cr
Fund Category:
Equity: International
Edelweiss US Technology Equity FoF Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Edelweiss US Technology Equity FoF - Direct Plan as of Jan 13, 2025 is Rs 27.65 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 33.76% (1yr), 15.21% (3yr) and 23.4% (since launch). Whereas, Category returns for the same time duration are: 21.377373949689474% (1yr), 7.552459516534875% (3yr) and 8.795316287617842% (5yr).
3. Fund Size: The Edelweiss US Technology Equity FoF - Direct Plan currently holds Assets under Management worth of Rs 2571.3162 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.68% for Direct plan as on Dec 31, 2024.
5. Exit Load: Edelweiss US Technology Equity FoF - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 90 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Edelweiss US Technology Equity FoF - Direct Plan as of Jan 13, 2025 is Rs 27.65 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 33.76% (1yr), 15.21% (3yr) and 23.4% (since launch). Whereas, Category returns for the same time duration are: 21.377373949689474% (1yr), 7.552459516534875% (3yr) and 8.795316287617842% (5yr).
3. Fund Size: The Edelweiss US Technology Equity FoF - Direct Plan currently holds Assets under Management worth of Rs 2571.3162 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.68% for Direct plan as on Dec 31, 2024.
5. Exit Load: Edelweiss US Technology Equity FoF - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 90 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Edelweiss US Technology Equity FoF Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -4.29 9.04 9.27 31.32 12.85 - Category Avg -3.31 -0.76 3.25 18.89 6.38 7.78 Rank within Category 44 5 6 7 10 - No. of funds within Category 63 63 63 63 55 29 - Loading...
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Return Comparison
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Edelweiss US Technology Equity FoF Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide long term capital growth by investing predominantly in JPMorgan Funds - US Technology Fund, an equity fund which invests primarily in US technology companies with strong fundamentals.
| Fund House | Edelweiss Mutual Fund |
| Launch Date | Mar 05, 2020 |
| Benchmark | Russel 1000 Equal Weighted Technology Index |
| Return Since Launch | 23.26% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Edelweiss US Technology Equity FoF Direct - Growth Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | 1.00 |
| Exit Load Exit load of 1%, if redeemed within 90 days. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 0 | 0 | 0 | 1 | 1 | 1 |
| Top 5 Company Holdings | - | - | - | 98.74% | 100.33% | 99.96% |
| Top 10 Company Holdings | - | - | - | 98.74% | 100.33% | 99.96% |
| Company with Highest Exposure | -- | -- | -- | JPMORGAN F-US TECHNOLOGY-I A (98.74%) | JPMORGAN F-US TECHNOLOGY-I A (100.33%) | JPMORGAN F-US TECHNOLOGY-I A (99.96%) |
| Number of Sectors | - | - | - | - | - | - |
| Top 3 Sector Holdings | - | - | - | - | - | - |
| Top 5 Sector Holdings | - | - | - | - | - | - |
| Sector with Highest Exposure | - | - | - | - | - | - |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) JPMORGAN F-US TECHNOLOGY-I A Unclassified 98.74 - - -
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Edelweiss US Technology Equity FoF Direct - Growth 27.65 Unrated 2,645.38 -4.29 31.32 12.85 - PGIM India Emerging Markets Equity Fund Direct-Growth 16.99 Unrated 96.85 -5.51 18.78 -2.10 1.54 Axis Global Equity Alpha FoF Direct-Growth 18.32 Unrated 823.87 -2.54 20.32 10.71 - Aditya Birla Sun Life NASDAQ 100 FOF Direct-Growth 14.72 Unrated 416.78 -2.98 27.82 14.96 - Aditya Birla Sun Life International Equity Fund Direct-Growth 36.90 Unrated 180.86 -3.14 8.19 4.54 8.43
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
27.91VS19.14Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.27VS0.11Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
13.40VS8.08Fund Vs Category Avg
Risk Ratio Chart
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- Risk Ratio
- Category Average
Size of Bubbles represents the Fund Size
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Fund Manager
- B.J.Bhavesh JainSince Feb 202023 schemes
- B.L.Bharat LahotiSince Oct 202117 schemes
Mr. Jain is a MMS (Finance) from Mumbai University. Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
More Edelweiss Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage Fund Direct-Growth | 12,380.59 | - | -4.17 | 1.33 | 14.70 | 12.59 | |
| Edelweiss Arbitrage Fund Direct-Growth | 12,199.21 | 0.76 | 2.04 | 3.86 | 8.36 | 7.14 | |
| Edelweiss Mid Cap Direct Plan-Growth | 8,280.35 | 1.82 | -0.75 | 8.11 | 40.85 | 27.22 | |
| Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct - Growth | 7,923.19 | 0.60 | 1.71 | 3.79 | 7.73 | 5.63 | |
| BHARAT Bond FOF - April 2030 Direct - Growth | 6,868.59 | 0.66 | 1.44 | 3.89 | 9.06 | 6.53 | |
| Edelweiss Liquid Direct-Growth | 5,902.92 | 0.60 | 1.78 | 3.61 | 7.53 | 6.51 | |
| BHARAT Bond FOF - April 2031 Direct - Growth | 4,626.78 | 0.40 | 0.83 | 4.80 | 8.92 | 6.35 | |
| BHARAT Bond ETF FOF - April 2032 Direct - Growth | 4,567.94 | 0.72 | 1.74 | 5.21 | 9.66 | 6.67 | |
| Edelweiss Small Cap Fund Direct - Growth | 4,373.58 | 0.23 | -2.04 | 5.68 | 27.21 | 23.90 | |
| BHARAT Bond FOF - April 2025 Direct - Growth | 4,242.18 | 0.66 | 1.95 | 3.89 | 7.72 | 5.61 |
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About Edelweiss US Technology Equity FoF Direct - Growth
1. Edelweiss US Technology Equity FoF - Direct Plan is Open-ended International Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Mar 05, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital growth by investing predominantly in JPMorgan Funds - US Technology Fund, an equity fund which invests primarily in US technology companies with strong fundamentals. "
2. It is benchmarked against Russel 1000 Equal Weighted Technology Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.74% in equities, 0.78% in debts and -0.52% in cash & cash equivalents.
2. The top holding of the fund is JPMORGAN F-US TECHNOLOGY-I A which constitute around 98.74% of the assets.
Tax Implications on Edelweiss US Technology Equity FoF Direct - Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Edelweiss US Technology Equity FoF - Direct Plan is Open-ended International Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Mar 05, 2020.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital growth by investing predominantly in JPMorgan Funds - US Technology Fund, an equity fund which invests primarily in US technology companies with strong fundamentals. "
2. It is benchmarked against Russel 1000 Equal Weighted Technology Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.74% in equities, 0.78% in debts and -0.52% in cash & cash equivalents.
2. The top holding of the fund is JPMORGAN F-US TECHNOLOGY-I A which constitute around 98.74% of the assets.
Tax Implications on Edelweiss US Technology Equity FoF Direct - Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Edelweiss US Technology Equity FoF Direct - Growth
- Is it safe to invest in Edelweiss US Technology Equity FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Edelweiss US Technology Equity FoF - Direct Plan comes under Very High risk category.
- What is the category of Edelweiss US Technology Equity FoF - Direct Plan?Edelweiss US Technology Equity FoF - Direct Plan belongs to the Equity : International category of funds.
- How Long should I Invest in Edelweiss US Technology Equity FoF - Direct Plan?The suggested investment horizon of investing into Edelweiss US Technology Equity FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Edelweiss US Technology Equity FoF - Direct Plan?The Edelweiss US Technology Equity FoF - Direct Plan is managed by Bhavesh Jain (Since Feb 14, 2020) and Bharat Lahoti (Since Oct 01, 2021).
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