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Unrated

Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan


Suitability:

This is a fund that invests mainly in shares of pharmaceutical and healthcare companies.

We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in multi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • 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 16.46 0.32 -1.43 0.49 5.10 21.36 -- -- -- -- --
S&P BSE Healthcare TRI* 23.23 0.70 -1.00 4.33 7.18 27.60 -- -- -- -- --
Equity: Sectoral-Pharma* 22.96 0.71 -0.89 4.44 8.61 27.46 -- -- -- -- --

As on 22-Sep-2021

* As on 23-Sep-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan  | Invest Online
Unrated
Oct-20 -- -- -- 0.44 195
Nippon India Pharma Fund - Direct Plan
Unrated
Jan-13 42.38 25.97 17.52 1.14 5,667
ICICI Prudential Pharma Healthcare And Diagnostics (P.H.D) Fund - Direct Plan  | Invest Now
Unrated
Jul-18 36.72 27.44 -- 1.15 3,158
SBI Healthcare Opportunities Fund - Direct Plan  | Invest Online
Unrated
Jan-13 38.29 23.31 11.07 1.05 2,048
Mirae Asset Healthcare Fund - Direct Plan  | Invest Online
Unrated
Jul-18 43.30 32.06 -- 0.56 1,901

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 4.71 01-Apr-2021 - 09-Apr-2021 -4.68 16-Feb-2021 - 23-Feb-2021
Month 12.43 19-Mar-2021 - 20-Apr-2021 -6.70 16-Feb-2021 - 18-Mar-2021
Quarter 17.66 18-Mar-2021 - 17-Jun-2021 -4.66 17-Dec-2020 - 18-Mar-2021
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Healthcare TRI* 20.04 21.96 0.73 1.60 -- --
Equity: Sectoral-Pharma* 25.01 19.99 1.05 2.36 0.89 6.71

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

As on

* As on 31-Aug-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 44
Top 10 Stocks (%) 52.47
Top 5 Stocks (%) 39.06
Top 3 Sectors (%) 96.26
Portfolio P/B Ratio 68.26
Portfolio P/E Ratio 426.37

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 1,13,743 58,801
Giant (%) 29.81 15.06
Large (%) 37.07 45.41
Mid (%) 32.49 32.94
Small (%) 0.64 8.56
Tiny (%) -- --

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Divi's Laboratories Healthcare 67.53 9.38 0.00 9.38
up Sun Pharmaceutical Industries Healthcare 30.76 9.11 0.00 9.11
up Dr. Reddy's Lab Healthcare 45.93 9.96 0.00 7.48
up Apollo Hospitals Healthcare 487.03 6.83 0.00 6.83
up Cipla Healthcare 30.72 6.94 0.00 6.26
up Johnson & Johnson Diversified -- 4.46
up Lupin Healthcare 25.84 4.30 0.00 2.97
up Laurus Labs Healthcare 31.69 3.27 0.00 2.93
up Aurobindo Pharma Healthcare 8.07 4.59 0.00 2.91
up Pfizer INC Healthcare -- 2.52
up Ipca Laboratories Healthcare 31.39 2.65 0.00 2.45
up Abbott Laboratories Healthcare -- 2.19
up Torrent Pharmaceuticals Healthcare 41.63 2.34 0.00 2.15
up Thermo Fisher Scientific Inc Chemicals -- 2.14
up AbbVie Inc Healthcare -- 2.09
up Biocon Healthcare 65.37 3.21 0.00 2.04
up Danaher Corporation FMCG -- 2.03
up Novartis AG (ADS/ADR) Healthcare -- 2.01
up Merck & Co Inc (US) Healthcare -- 1.89
up Dr. Lal Pathlabs Healthcare 85.38 1.83 0.00 1.83
up Fortis Healthcare Healthcare -- 1.80 0.00 1.80
up Medtronic Healthcare -- 1.76
up Max Healthcare Institute Healthcare 112.05 1.53 0.00 1.53
up Bristol-Myers Squibb Co Healthcare -- 1.47
up Abbott India Healthcare 64.97 1.44 0.00 1.40

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 31-Aug-2021


0.32%

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

Growth: ₹ 12.9042

IDCW: ₹ 12.9042


Investment Strategy

The scheme seeks to 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.

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 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 26-Oct-2020
Return Since Launch: 29.04%
Benchmark: MSCI India Domestic & World HC 45 Index
Riskometer: Very High
Type: Open-ended
Assets: ₹ 195 Cr (As on 31-Aug-2021)
Expense: 0.44% (As on 31-Aug-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

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