Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 27-11-2024
₹ 19.61
1D
Inception Returns
17.9%
/yr
About Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth is an equity fund. This fund was started on 26 October, 2020. The fund is managed by Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has ₹157 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has given a CAGR return of 17.92% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 31.80% and 15.18% respectively.
Holdings
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Health. Its top holdings are Sun Pharmaceuticals Industries Ltd, Cipla Ltd, Max Healthcare Institute Ltd Ordinary Shares, Dr Reddy's Laboratories Ltd, Apollo Hospitals Enterprise Ltd
Taxation
As it is a index funds 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 MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
The Scheme will 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. 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 MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth Overview
| Expense ratio | 0.5% |
Benchmark | MSCI Ind Dom & Wld HealthC 45 NR INR |
| AUM | ₹157 Cr |
| Inception Date | 26 October, 2020 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 7.8% |
| 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 |
Fund Distribution
as on (31-Oct-24)
- This fund’s returns stands at -2.36% whereas the fund’s underlying benchmark Nifty 50 returns stands at -6.17% as on Oct'24
- This fund outperformed Nifty 50 by 3.81% in Oct'24
- AUM of the fund stands at 156.7 Cr as of Oct'24
- AUM decreased by 5.4 Cr between Oct'24 and Sep'24
Top Sector in October was Health
Top Growth Drivers | 1M Return |
|---|---|
 Max Healthcare Institute Ltd | 3.9% |
 Divis Laboratories Ltd | 3.2% |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹157 Cr
Expense Ratio 0.5%
Frequently Asked Questions for Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.33% | -2.33% |
6 Month Returns | 12.34% | 12.34% |
1 Year Returns | 31.8% | 31.8% |
3 Years Returns | 52.82% | 15.18% |
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 MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | 2.59 | 0.81 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth | 12.52 | 13.68 | - |