Edelweiss Focused Fund Direct Growth
Equity
Direct
Focused Fund
NAV as on 29-11-2024
₹ 17.11
▲0.7%
1D
Inception Returns
25.9%
/yr
About Edelweiss Focused Fund Direct Growth
Edelweiss Focused Fund Direct Growth is an equity fund. This fund was started on 1 August, 2022. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Focused Fund Direct Growth has ₹896 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Edelweiss Focused Fund Direct Growth has given a CAGR return of 25.93% since inception. Over the last 1 year the fund has given a CAGR return of 37.34%.
Holdings
Edelweiss Focused Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Energy, Consumer Defensive, Utilities, Basic Materials, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd, Persistent Systems Ltd
Taxation
As it is a focused fund 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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Edelweiss Focused Fund Direct Growth
The investment objective of the fund is to generate long term capital appreciation by investing in equity and equity related instruments of upto 30 companies with focus in multi-cap space. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Focused Fund Direct Growth has no lock in period.
Historical NAV & Returns
Edelweiss Focused Fund Direct Growth Overview
| Expense ratio | 0.66% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹896 Cr |
| Inception Date | 1 August, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 44.75% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (29-Nov-24)
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -5.51% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
- This fund outperformed Nifty 500 by 1.01% in Oct'24
- AUM of the fund stands at 930.9 Cr as of Oct'24
- AUM has remained same between Oct'24 and Sep'24
Top 3 Sectors in October were Financial Services, Industrial & Consumer Cyclical
Top Growth Drivers | 1M Return |
|---|---|
 HDFC Bank Ltd | 3.5% |
 State Bank of India | 2% |
Edelweiss Focused Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹896 Cr
Expense Ratio 0.66%
Frequently Asked Questions for Edelweiss Focused Fund Direct Growth
Edelweiss Focused Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.52% | 0.52% |
6 Month Returns | 11.81% | 11.81% |
1 Year Returns | 37.34% | 37.34% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Focused Fund Direct Growth | 7.11 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Focused Fund Direct Growth | 1 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Focused Fund Direct Growth | 1.9 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Focused Fund Direct Growth | 13.38 | - | - |