Edelweiss US Technology Equity Fund of Fund Direct Growth
NAV as on 11-04-2025
₹ 23.1
▲5.5%
1D
Inception Returns
17.8%
/yr
Historical NAV & Returns
Absolute
▲
▼
8517 people have invested ₹ 7.5Cr in Edelweiss US Technology Equity Fund of Fund Direct Growth in the last three months
About Edelweiss US Technology Equity Fund of Fund Direct Growth
Edelweiss US Technology Equity Fund of Fund Direct Growth is an equity fund. This fund was started on 2 March, 2020. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss US Technology Equity Fund of Fund Direct Growth has ₹2351 Cr worth of assets under management (AUM) as on Dec 1969 and is more than category average.
- The fund has an expense ratio 1.5.
Returns
Edelweiss US Technology Equity Fund of Fund Direct Growth has given a CAGR return of 17.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of -1.19%, 13.03% and 18.55% respectively.
Holdings
Edelweiss US Technology Equity Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Communication, Consumer Cyclical, Financial Services, Health, Corporate. Its top holdings are JPM US Technology I (acc) USD
Taxation
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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Edelweiss US Technology Equity Fund of Fund Direct Growth
The primary investment objective of the scheme is to seek to provide long term capital growth by investing predominantly in JPMorgan Funds – US Technology Fund, an equity fund which invests primarily in US technologycompanies with strong fundamentals. 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 US Technology Equity Fund of Fund Direct Growth has no lock in period.
Edelweiss US Technology Equity Fund of Fund Direct Growth Overview
| Expense ratio | 1.46% |
Benchmark | Russel 1000 Equal Weighted Technology |
| AUM | ₹2351 Cr |
| Inception Date | 2 March, 2020 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 0.01% |
| STCG | If held for less than 24 months - slab rates. |
| LTCG | If held for more than 24 months - 12.5% without indexation. |
| Risk |   Very High Risk |
INDmoney Rank for Edelweiss US Technology Equity Fund of Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Among most bought funds within the category
Larger AUM within category
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Trailing Returns
as on (11-Apr-25)
Fund Distribution
as on (31-Dec-69)
Sector Allocation
Tech
61.5%
Communication
17.2%
Consumer Cyclical
13.4%
Financial Services
5.7%
Health
2.2%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 JPM US Technology I (acc) USD | 99.11% | 3.9% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Edelweiss US Technology Equity Fund of Fund Direct Growth | -1.19% | 13.03% | 18.55% | 17.81% |
 DSP World Gold Fund of Fund Direct Plan Growth | 55.13% | 14.46% | 14.57% | 4.53% |
 Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth | 11.56% | 16.89% | 21.37% | 21.94% |
Motilal Oswal S&P 500 Index Fund Direct Growth | 7.66% | 11.21% | - | 16.43% |
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Bhavesh Jain
Fund Manager of Edelweiss US Technology Equity Fund of Fund Direct Growth, since 5 March 2020
Top funds managed
Bharat Lahoti
Fund Manager of Edelweiss US Technology Equity Fund of Fund Direct Growth, since 1 October 2021
Top funds managed
Fund House
Edelweiss Asset Management Limited
Total Schemes
Total AUM
₹1.05L Cr
as on 31-Mar-2025
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com
Mutual Fund Insights
In the last 5 years, Motilal Oswal Nasdaq 100 Fund of Fund Direct Growth has given 21.37% return, outperforming this fund by 2.82% per annum.
In the last 3 years, Mirae Asset NYSE FANG+ ETF Fund of Fund Direct Growth has given 30.52% return, outperforming this fund by 17.5% per annum.
Over the last 6 months, this fund has experienced a 25.1% growth in AUM moving from 2.25K Cr to 2.81K Cr.
In the last 1 year, Mirae Asset Hang Seng TECH ETF Fund of Fund Direct Growth has given 59.16% return, outperforming this fund by 60.35%.
Edelweiss US Technology Equity Fund of Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 17.81% since inception which is more than its category average return of 6.78%
Fund Allocations
This fund has an allocation of 97.78% in Equity, 0% in Debt and 2.22% in Cash related instruments
AUM size ₹2351 Cr
This fund has AUM of ₹2351 Cr which is more than its category average of ₹ 579 Cr
Expense Ratio 1.46%
This fund has an expense ratio of 1.46% which is more than its category average expense ratio of 1.39%
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▲ 34.24
5Y CAGR
▲ 36.04
5Y CAGR
▲ 25.70
5Y CAGR
▲ 25.49
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Frequently Asked Questions for Edelweiss US Technology Equity Fund of Fund Direct Growth
The current NAV of Edelweiss US Technology Equity Fund of Fund Direct Growth is ₹23.1 as on 11-Apr-2025.
Existing (Absolute + CAGR) as on 11-Apr-2025.
Edelweiss US Technology Equity Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -7.17% | -7.17% |
6 Month Returns | -8.9% | -8.9% |
1 Year Returns | -1.19% | -1.19% |
3 Years Returns | 44.39% | 13.03% |
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1.46% as on March 2025
₹2351 Cr as on March 2025
Tech(58.85%), Communication(18.32%), Consumer Cyclical(13.57%) as on March 2025
The alpha ratio for the Edelweiss US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss US Technology Equity Fund of Fund Direct Growth | - | - | - |
As on March 2025
The alpha for Edelweiss US Technology Equity Fund of Fund Direct Growth is calculated against Russel 1000 Equal Weighted Technology. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Edelweiss US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss US Technology Equity Fund of Fund Direct Growth | - | - | - |
As on March 2025
The Beta for Edelweiss US Technology Equity Fund of Fund Direct Growth is calculated with Russel 1000 Equal Weighted Technology. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Edelweiss US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss US Technology Equity Fund of Fund Direct Growth | -0.1 | 0.28 | 0.64 |
As on March 2025
The sharpe ratio for Edelweiss US Technology Equity Fund of Fund Direct Growth is calculated with Russel 1000 Equal Weighted Technology. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Edelweiss US Technology Equity Fund of Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss US Technology Equity Fund of Fund Direct Growth | 27.69 | 28.2 | 27.69 |
As on March 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 0.45 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss US Technology Equity Fund of Fund Direct Growth
The Exit load of Edelweiss US Technology Equity Fund of Fund Direct Growth is 1%