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:
|S&P BSE 500 TRI||9.44||0.90||0.08||7.26||19.40||33.00||--||--||--||--||--|
As on 25-Feb-2021
|Fund name||Rating||Launch Date||1-Year Return||3-Year Return||5-Year Return||Expense Ratio||Assets (Cr)|
|Edelweiss US Technology Equity Fund of Fund - Regular Plan | Invest Online||Mar-20||--||--||--||2.37||992|
|Motilal Oswal NASDAQ 100 Exchange Traded Fund||Mar-11||47.43||29.54||26.81||0.54||2,770|
|Franklin India Feeder Franklin US Opportunities Fund | Invest Online Now||Feb-12||37.48||22.56||20.61||1.62||2,733|
|Motilal Oswal Nasdaq 100 FOF - Regular Plan | Invest Online||Nov-18||44.74||--||--||0.50||1,857|
|Axis Global Equity Alpha Fund of Fund - Regular Plan||Sep-20||--||--||--||1.66||1,296|
|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||-7.76||26-Aug-2020 - 25-Sep-2020|
|Quarter||58.79||18-Mar-2020 - 17-Jun-2020||1.94||04-Aug-2020 - 03-Nov-2020|
|S&P BSE 500 TRI*||9.24||22.86||0.20||0.24||--||--|
The Risk Measures have been calculated using calendar month returns for the last three years.
* As on 31-Jan-2021
|The underlying data is unavailable.|
|Company||Sector||P/E||3Y High||3Y Low||% Assets|
|JP Morgan Asset Management - US Technology C USD||Financial||--||95.44|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 31-Jan-2021
Education: Mr. Jain is a MMS (Finance) from Mumbai University.
Experience: He brings considerable experience in Equity Markets to Edelweiss Securities Limited.
Education: Mr. Verma is MBA & has done CFA Level 3.
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with ICICI Securities.
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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.
|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|
|Fund House:||Edelweiss Mutual Fund|
|Return Since Launch:||87.70%|
|Benchmark:||Russel 1000 Equal Weighted Technology|
|Assets:||₹ 992 Cr (As on 31-Jan-2021)|
|Expense:||2.37% (As on 31-Jan-2021)|
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]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]