Edelweiss ASEAN Equity Off Shore Fund Direct Growth

Edelweiss ASEAN Equity Off Shore Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.

1. Edelweiss ASEAN Equity Off Shore Fund Direct Growth has ₹94 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
2. The fund has an expense ratio 1.6.
   

Edelweiss ASEAN Equity Off Shore Fund Direct Growth has given a CAGR return of 9.99% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 21.02%, 6.21% and 6.53% respectively.

Edelweiss ASEAN Equity Off Shore Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Real Estate, Communication, Consumer Defensive, Health, Tech, Utilities, Basic Materials, Energy, Government, Corporate. Its top holdings are JPM ASEAN Equity I (acc) USD

As it is a global - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

The primary investment objective of the Scheme is to provide long term capital growth by investing predominantly in JPMorgan Funds – ASEAN Equity Fund, an equity fund which invests primarily in companies of countries which are members of the Association of South East Asian Nations (ASEAN). However, there can be no assurance that the investment objective of the Scheme will be realized.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss ASEAN Equity Off Shore Fund Direct Growth has no lock in period.