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Unrated

Edelweiss US Technology Equity FoF - Regular Plan


1 Lakh

Investment Grown to
₹ 1.33 Lakh

₹ 10000

Monthly SIP Grown to
₹ 1.35 Lakh

Suitability:

"This is a fund that invests mainly in shares of foreign companies. When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

International equity funds are suitable to invest a part of your money in for diversification, so that if the Indian markets are going through a sharp correction, a portion of your money is insulated. But make sure you invest in a fund that has a broad mandate of investing in companies of different sizes, sectors and countries.

Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other international equity fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual fund units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 13.06 -0.35 1.60 4.87 8.61 8.42 33.03 -- -- -- --
S&P BSE 500 TRI* 35.14 -0.58 -2.33 2.74 12.89 27.71 60.02 -- -- -- --

As on 21-Oct-2021

* As on 22-Oct-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss US Technology Equity FoF - Regular Plan  | Invest Online
Unrated
Mar-20 33.03 -- -- 2.34% 1,914
Motilal Oswal NASDAQ 100 Exchange Traded Fund
Unrated
Mar-11 34.66 30.58 28.68 0.56% 5,152
Franklin India Feeder Franklin US Opportunities Fund  | Invest Online Now
Unrated
Feb-12 29.89 26.38 24.31 1.61% 3,838
Motilal Oswal Nasdaq 100 FOF - Regular Plan  | Invest Online
Unrated
Nov-18 32.87 -- -- 0.50% 3,623
Motilal Oswal S&P 500 Index Fund - Regular Plan  | Invest Online
Unrated
Apr-20 33.40 -- -- 1.06% 2,145

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 13.58 18-Mar-2020 - 25-Mar-2020 -14.05 11-Mar-2020 - 18-Mar-2020
Month 30.78 18-Mar-2020 - 17-Apr-2020 -14.51 19-Apr-2021 - 19-May-2021
Quarter 58.79 18-Mar-2020 - 17-Jun-2020 -17.79 17-Feb-2021 - 19-May-2021
Year 119.41 18-Mar-2020 - 18-Mar-2021 26.32 12-Oct-2020 - 12-Oct-2021

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE 500 TRI* 20.70 22.02 0.76 0.86 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on

* As on 30-Sep-2021

Asset Allocation (%)

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Concentration & Valuation

The underlying data is unavailable.

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up JPMorgan Funds - US Technology Fund I2 (acc) USD Financial -- 99.51

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 30-Sep-2021

Fund Manager

— Bharat Lahoti since 01-Oct-2021

Education: Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies

Experience: 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.

Interviews:

Funds Managed:

— Bhavesh Jain since 14-Feb-2020

Education: Mr. Jain is a MMS (Finance) from Mumbai University.

Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.

Funds Managed:


0.31%

Change from previous, NAV as on 22-Oct-2021

Growth: ₹ 20.1853


Investment Strategy

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.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 05-Mar-2020
Return Since Launch: 53.57%
Benchmark: Russel 1000 Equal Weighted Technology
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,914 Cr (As on 30-Sep-2021)
Expense: 2.34% (As on 30-Sep-2021)
Risk Grade: --
Return Grade: --
Turnover: --

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

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DateFriday, 29-Oct-2021
Time12:30 PM - 01:00 PM