Fund Factsheet - July 2021 - Edelweiss Mutual Fund
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Fund Factsheet - July 2021
OUR PRODUCT SUITE
EQUITY HYBRID DEBT PASSIVE OFFSHORE
FUNDS FUNDS FUNDS FUNDS FUNDS
EDELWEISS EDELWEISS EDELWEISS EDELWEISS ETF -
LARGE CAP FUND ARBITRAGE FUND BHARAT BOND ETF EDELWEISS
OVERNIGHT FUND
APRIL 2023 GREATER CHINA
Asset Allocation Duration Range 1 day EQUITY
Marketcap Net Equity Debt Arbitrage
OFF-SHORE
No 0-35% 65-100% FUND
Large Mid Small Open Equity
EDELWEISS EDELWEISS EDELWEISS EDELWEISS ETF -
LARGE & MID CAP FUND EQUITY SAVINGS FUND LIQUID FUND BHARAT BOND ETF EDELWEISS
APRIL 2025 US TECHNOLOGY
Asset Allocation Duration Range 0-3 months
Marketcap EQUITY
Net Equity Debt Arbitrage
FUND OF FUND
Large Mid Small 10-40% 0-35% 25-55%
EDELWEISS EDELWEISS EDELWEISS EDELWEISS
BALANCED ADVANTAGE EDELWEISS
FLEXI-CAP FUND MONEY MARKET FUND EMERGING
FUND NIFTY PSU Bond Plus
Duration Range 0-12 months SDL Index Fund 2026 MARKETS
Asset Allocation
Marketcap OPPORTUNITIES
Net Equity Debt Arbitrage
OFF-SHORE
OFF-SORE
Large Mid Small 30-100% 0-35% 0-50% FUND
EDELWEISS EDELWEISS EDELWEISS
AGGRESSIVE HYBRID EDELWEISS ETF -
MIDCAP FUND BANKING & PSU DEBT EDELWEISS
FUND BHARAT BOND ETF
FUND ASEAN EQUITY
APRIL 2030
Marketcap Asset Allocation Duration Range 1-10 yrs OFF-SHORE
Net Equity Debt
FUND
Large Mid Small 65-80% 20-35%
EDELWEISS EDELWEISS EDELWEISS ETF - EDELWEISS
SMALL CAP FUND GOVERNMENT BHARAT BOND ETF EUROPE
SECURITIES FUND APRIL 2031 DYNAMIC EQUITY
Marketcap Duration Range 1-10 yrs
OFF-SHORE
FUND
Large Mid Small
EDELWEISS
EDELWEISS
RECENTLY
FLEXI-CAPLISTED
FUND EDELWEISS
US VALUE
IPO FUND ETF - NIFTY 50
EDELWEISS EQUITY
Marketcap
ETF - NIFTY 50 OFF-SHORE
FUND
Large Mid Small EDELWEISS
ETF - NIFTY BANK
EDELWEISS
ETF - NIFTY BANK
EDELWEISS
EDELWEISS
NIFTY 100
NIFTY 100
QUALITY 30
QUALITY 30
EDELWEISS
MSCI India
Domestic & World
Healthcare 45
Index Fund
Macaulay duration range & credit profile is indicative. AAA refers to sovereign/A1+ & equivalent, AA refers to AA+/AA/AA-, A refers to A+/A/A-
Market-cap allocation range is indicative. Asset Allocation range is indicative.Index Markets & Beyond Page No. • Market Insight 2 Equity Funds • Edelweiss Large Cap Fund 8 • Edelweiss Large & Mid Cap Fund 9 • Edelweiss Flexi-Cap Fund 10 • Edelweiss Mid Cap Fund 11 • Edelweiss Small Cap Fund 12 • Edelweiss Recently Listed IPO Fund 13 • Edelweiss Long Term Equity Fund (Tax Savings) 14 Hybrid Funds • Edelweiss Arbitrage Fund 15 • Edelweiss Equity Savings Fund 16 • Edelweiss Aggressive Hybrid Fund 17 • Edelweiss Balanced Advantage Fund 18 Debt Funds • Edelweiss Overnight Fund 19 • Edelweiss Liquid Fund 20 • Edelweiss Money Market Fund 21 • Edelweiss Banking & PSU Debt Fund 22 • Edelweiss Government Securities Fund 23 Passive Funds • Bharat Bond ETF APRIL 2023 24 • Bharat Bond ETF APRIL 2025 25 • Edelweiss Nifty PSU Bond Plus SDL Index Fund 2026 26 • Bharat Bond ETF APRIL 2030 27 • Bharat Bond ETF APRIL 2031 28 • Edelweiss ETF - Nifty 50 29 • Edelweiss ETF - Nifty Bank 30 • Edelweiss ETF - Nifty 100 Quality 30 31 • Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund 32 Fund of Funds • Bharat Bond FOF APRIL 2023 33 • Bharat Bond FOF APRIL 2025 34 • Bharat Bond FOF APRIL 2030 35 • Bharat Bond FOF APRIL 2031 36 Overseas Fund of Funds • Edelweiss Greater China Equity Off-Shore Fund 37 • Edelweiss US Technology Fund 38 • Edelweiss Emerging Markets Opportunities Equity Offshore Fund 39 • Edelweiss Asean Equity Off-Shore Fund 40 • Edelweiss Europe Dynamic Equity Off-Shore Fund 41 • Edelweiss US Value Equity Off-Shore Fund 42 Schedule • SIP Performance 43 • Fund Performance - Direct Plan 44 • IDCW History 47 • Schemes managed by Fund Manager 49 • Investing made Simple 51 • How to Read Factsheet 52
Views on recent regulatory measures
in China
July, 2021
Edelweiss Greater China Equity Offshore Fund is an open-ended fund of fund scheme investing in JP
Morgan Funds - Greater China Fund which invests in companies from the People's Republic of China,
Hong Kong and Taiwan. The recent heightened regulatory regime in China in the areas of education &
internet has induced some volatility in the underlying fund's performance. In this detailed note we share
fund manager's view and underlying fund's approach in current times.
KEY HIGHLIGHTS
· The regulatory regime currently facing the China internet space is creating short-term headwinds, which
may continue for some time, but it is believed that these pressures will ultimately prove to be transitory.
The regulatory overhang shouldn't negatively impact important corporate strengths such as innovation
and entrepreneurship.
· Although there's an uptick in activity on the part of the Chinese tech regulators, it would be wrong to
assume they are taking an indiscriminate hardline stance that will unduly penalize their technology giants.
Indeed, with the backdrop of escalating geopolitical rivalry between the United States and China, it would
hardly be in the strategic interest of the Chinese government to punish their domestic champions.
· Rather, what the Chinese government wants to see is a fair, well-functioning and resilient industry playing
field, which can allow competition to thrive. They do not want to dismantle their leading companies, but
they do want to ensure that the next cohort of innovators has space to flourish
· Broadly speaking, fund managers think that the regulatory environment is less opaque than some
commentators suggest. For example, recent internet regulation has not been particularly different to the
direction of travel in the West – except that perhaps Chinese regulators were behind the curve
· Many people assume that there is one universal approach to Chinese tech regulation. However, it's
believed that one should take a closer look in order to discriminate between different areas of regulatory
focus – which in turn enables to distinguish between winners and losers
o Inappropriate usage of market power (e.g. exclusivity arrangements)
o Exploiting grey areas in existing top-level regulatory goals (e.g. fin tech)
o Monopsonist behavior (e.g. treatment of drivers)
o Control and use of user data (e.g. transportation apps)
o U.S. listing in view of Holding Foreign Companies Accountable Act (e.g. recent US IPOs)
· Hence if one takes a closer look, there are some risks out there, and there are some challenges, but also
this is creating opportunities. Short term volatility has opened long-term valuation opportunities
· For instance, fundamentals of these two tech companies listed below have not changed and are trading
at more attractive valuations than before:
Tencent:
o Core of the company is still the gaming business, gone on to develop leading positions in
entertainment, fintech, e-commerce, now moving into enterprise software
o Tencent can continue to grow, looking for net profits at the company to triple over the next five
years
o Tencent is still doing M&A, and investing heavily in public companies globally
o Gaming business born in China are going global. Although Tencent is already the largest gaming
company in the world, their total addressable market for gaming is no longer just a domestic
Chinese market of about $40 - $45 billion, but it is now the global market of $145 - $150 billion.
o In terms of valuation on expected return metrics, it is now back to three-year lows
2Views on recent regulatory measures
in China
Meituan:
o Current leader in the delivery market, getting started in terms of investing, growing, and building its
earning power and scale for the long run
o Taking into consideration the earnings forecast, one can assume that the company may take
profits up six to seven times over the next five years, while valuations are at multi-year lows
o Hence the available valuations signify the bargain available to investors willing to key their eye on
the long term
US-China Risks
· Another risks which has been on the minds of many investors is trade-war between the two giants
· With the impact of US sanctions, it has led to opportunities for domestic leaders as they push for
economic, industrial, technological, self-sufficiency in a range of areas (“Import Substitution”)
· Resulted in a ripple effect around the region that are emerging as relative winners particularly subsectors
o E.g. Taiwan, particularly in the semiconductor or high value-added manufacturing sectors
· Seeing more US listed ADRs coming back to Hong Kong
o This is a relative non-issue for JPMorgan Asset Management with flexibility to invest anywhere
around the world
o Xpeng, one of the domestic EV leaders, is now going to join the Hang Seng index and soon added to
southbound stock connect program
o Xpeng, is an example showing how companies' transition is now a more accelerated process.
Positive template for other companies to do something similar
§ Previously it was expected to take a two– three years period
o Could possibly see more companies transition through the rest of 2022
o As more companies come back, the regulatory pressures and noise around the listings will also
diminish
o The Chinese government and companies are working in tandem, the regulatory process has
shortened given how companies know what the government wants and vice versa
o Didi is China's No.1 shared mobility platform, and the fund managers think this business is definitely
worth following given that the vertical is attractive (very low penetration for shared mobility in China)
and Didi's absolute market leadership has been tested (has maintained a huge lead over the smaller
players despite some safety incidents in 2018 that dented its reputation).
o There are some additional call options from its other initiatives including autonomous
driving, bike sharing, community group buying (not consolidated), and a minority stage in Grab
o That said, one needs to be mindful of regulatory risks such as anti-trust, driver certification, and
safety. The fund is closely monitoring the latest development on its data usage investigation and apps
removal. Any bigger than expected fine may slow down its medium -term expansion and investment in
other initiatives
Chinese Education Sector
· The underlying fund, JPMorgan Greater China Fund does not have any holdings in the China Education
sector
· Over the weekend, the State Council officially issued the Double Reduction policy which includes forced
non-profit conversion and a ban on foreign capital for academic tutoring for K9 (and possibly K12). This
latest development is the worst-case scenario as the basic thesis of generating return for shareholder is
3Views on recent regulatory measures
in China
now in question. The fund managers are of the opinion that the sector is adversely politically challenged
with unknown duration. The uncertainty is high, and the potential outcome has a wide range. It is true that
the moves have been more extreme, but education in China is a sector with special sensitivity and hence
this development has been regarded as an exception rather than as a precedent for Chinese assets more
broadly
· The fund managers are of the view that the Chinese authorities on balance regard foreign capital as a
positive element for the functioning of Chinese markets. It's rather impossible that the policies affecting
education are specifically driven by the existence of US-listings: education stocks listed in China would be
equally exposed. However, across the broader market (i.e. beyond education) it's believed that the
domestic listings are less vulnerable
· When assessing the risk/reward of the US listings, the fund managers are taking account of signals from
both the Chinese and US governments, hence scrutiny of this area is likely to remain elevated. It is worth
noting that while US listings are subject to explicit approval from the PRC cybersecurity authorities, Hong
Kong listings are not; also, that the majority of the JP Morgan Fund ADR holdings have HK listings too
How are the fund managers dealing with the uncertainty?
· As the regulatory playing field evens out, investor attention will gradually return to focusing on the
compounding of earnings and other fundamentals
· In the long run, earnings-per-share growth is always the primary determinant of shareholder returns.
Market timing in the short term is all but impossible
· To put this in perspective: in 2018 there was an intensification of regulation in areas such as
pharmaceutical pricing and computer game approval – but ultimately it was possible to navigate the
short-term volatility by focusing on the best companies
· The underlying fund's strategy continues to be driven by bottom up stock selection. In order to target
return and to mitigate risk, the fund managers have a dual approach: (a) for companies that have market
power, estimates reflect non-abusive usage of that power (pricing/cost of suppliers and labor etc.); and
(b) the fund managers make sure that multiples are appropriate for industries that are regulated
· The fund managers generally 'buy at the dip' as many companies adjust strategies and valuation signals
positive. Best way to maximize investment returns is to back good quality growing companies, stay
invested with the companies for the long term
· The fund retains its long-term positive stance on Chinese equities, with a focus on structural growth
areas, such as tech, healthcare and consumption but will adjust its approach over time – for instance
with a focus currently on semiconductors and software which are beneficiaries of the import substitution
story. It remains important to run an adequately diversified portfolio, and not just an overly concentrated
list of stocks; to identify and re-size areas of obvious sensitivity; to maintain a focus on appropriate
valuation and buying selectively on dips
Investors with long term horizon are advised to stay patient as the fund managers see this volatility as
transitory. In fact, investors who have spare cash should invest more and build their positions further in
the fund
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.
4How to benefit from steep
yield curve?
July, 2021
Thanks to a steep yield curve, (situation where long-term yields are higher than short term yields) many investors
today are left confused where to invest their fixed income allocation. 1 year maturing bonds are yielding around
4% to 4.5%, while longer maturity bonds are yielding around 6.5% -7%. The term-spread (1 yr. over 10 yrs.
maturity bond yield) of over 2.5% is at decadal high levels.
The dilemma amongst investors is on 2 counts:
· Investing in long-term bonds does look attractive as yields are higher, but it also seems risky for many as
they expect RBI to reverse policy stance at some point in future. And if yields rise, bond prices may fall and
impact the returns.
· On the other hand, investing in short term bonds seems safer option amidst expectations of rising yields,
but short-term yields are too low to even beat inflation.
One way to play a typical steep yield curve to your benefit is through target maturity or roll-down strategies that are
available in debt funds. Such funds invest in bonds and hold them till maturity which reduces the interest rate risk
(risk from rising bond yields) over a period of time.
It is important to note that since yields on the longer end are already high, they have, to some extent, already priced-
in rate reversal. With 10 years bond yields trading 250 bps higher than the 1 year bond yields, there is a good margin
of safety in case the rate reversal cycle begins. Typically, when term spreads are high, short term bond yields tend to
rise faster during rate reversal cycle.
5How to benefit from steep
yield curve?
This likely scenario can work in favour of investors who invest in long term bonds (target maturity funds or roll-
down funds) and hold them till maturity or for a reasonably longer period. By investing in long maturity bonds
today they can earn 150 to 200 bps higher yield than short term bonds, and when yields rise, they will rise
sharper in the short-term maturity segment than longer term, thus reducing the MTM impact to some extent on
the long-term bonds.
The analysis in the below table shows that investors are better off investing in 5 to 10 years maturity segment today
even if yields were to rise in the coming quarters. The holding period returns over 2 to 5 years horizon are better in
long term bonds under stagnant or rising yields scenarios.
Rise in yield for long term bonds is assumed to be lower as term spreads are very high. Illustration is only for understanding purpose and
it is not an indicative return. Above calculations are done by considering MTM impact when yields are rising.
Edelweiss MF range of Target Maturity and Rolldown funds YTM:6.81%Edelweiss MF has a range of target
maturity and roll down debt funds with longer maturity that can be considered to take benefit from steep yield
curve and earn better returns.
YTM: 6.82%
YTM: 6.87%
YTM: 6.82%
YTM: 6.08%
YTM: 5.64%
YTM: 4.53%
6How to benefit from steep
yield curve?
Disclaimer:
This document is for information purposes and private circulation only and is not an offer to sell or a solicitation to buy any mutual fund units / securities or to
have business relations with Sponsor/ AMC/ Trustee Company and its associates or Edelweiss Mutual Fund. These views alone are not sufficient and should
not be used for the development or implementation of an investment strategy. All opinions, figures and estimates included in this document (unless as
specified in the document) are as of this date and are subject to change without notice. It should not be construed as investment advice to any party. Neither
Sponsor/ AMC/ Trustee Company and its associates nor Edelweiss Mutual Fund or any person connected with it, accepts any liability arising from the use of
this information. Utmost care has been exercised while preparing the document, and Sponsor/ AMC/ Trustee Company and its associates or Edelweiss Mutual
Fund does not warrant the completeness or accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this
information. The recipient of this material should rely on their investigations and take their own professional advice. Investment decisions of the AMC may not
always be profitable.
Mutual fund investments are subject to markets risks, read all scheme related documents carefully.
7Edelweiss An open ended equity scheme
predominantly investing in large
Large Cap Fund cap stocks
Inception Date 20-May-09
Investment Objective (As on 30th July, 2021)
Fund Managers Details
The investment objective is to seek to generate long-term capital appreciation from a portfolio predominantly consisting equity and equity- Fund Managers Experience Managing Since
related securities of the 100 largest corporate by market capitalisation listed in India. 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. Mr. Bharat Lahoti 13 years 02-May-17
Mr. Hardik Varma 05 years 11-Nov-19
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Fund Size
Month End AUM Monthly Average AUM
Name of Instrument Industry % to Net Financial Services 28.13% Rs. 263.01 Crore Rs. 259.75 Crore
Assets
IT 18.13%
HDFC Bank Ltd. Financial Services 7.61% NAV (as on July 30, 2021)
Consumer Goods 9.54%
Infosys Ltd. IT 7.31%
Pharma 8.72%
Direct Plan IDCW Option 28.4700
ICICI Bank Ltd. Financial Services 6.84%
Reliance Industries Ltd. Oil & Gas 3.88% Direct Plan Growth Option 54.6100
Oil & Gas 4.85%
Bharti Airtel Ltd. Telecom 3.34% Regular Plan IDCW Option 23.0600
Automobile 4.20%
Larsen & Toubro Ltd. Construction 2.77% Regular Plan Growth Option 50.5500
Axis Bank Ltd. Financial Services 2.75% Telecom 3.34%
HCL Technologies Ltd. IT 2.59% Metals 2.96% Minimum Investment Amount
State Bank Of India Financial Services 2.38%
Construction 2.77% Rs. 5000/- and multiple of Re. 1/- thereafter
Hindustan Unilever Ltd. Consumer Goods 2.25%
Wipro Ltd. IT 2.23% Cement & Cement Products 2.46%
Tata Consultancy Services Ltd. IT 1.92% Additional investment amount
Kotak Mahindra Bank Ltd. Financial Services 1.90% Rs. 500/- per application & in multiples of Re. 1/-
Divi's Laboratories Ltd. Pharma 1.88% Market Capitalization (% of total) thereafter
Housing Development
Finance Corp Ltd. Financial Services 1.86% Exit Load
Tata Steel Ltd. Metals 1.72% 11.97% • If the units are redeemed / switched out on or
Ultratech Cement Ltd. Cement & Cement Products 1.51%
before 365 days from the date of allotment – 1.00%
Maruti Suzuki India Ltd. Automobile 1.43%
• If the units are redeemed / switched out after 365
ITC Ltd. Consumer Goods 1.39%
Cipla Ltd. Pharma 1.35% days from the date of allotment – Nil
Zomato Ltd. Services 1.34%
Avenue Supermarts Ltd. Consumer Goods 1.23% Total Expense Ratios~:
PI Industries Limited Fertilisers & Pesticides 1.04% Regular Plan 2.50%
Bharat Petroleum Corporation Ltd. Oil & Gas 0.97% 88.03% Direct Plan 1.04%
Shree Cement Ltd. Cement & Cement Products 0.95%
Mphasis Ltd. IT 0.95%
ICICI Lombard General
Insurance Co. Ltd. Financial Services 0.94%
Large cap Mid cap
Larsen & Toubro Infotech Ltd. IT 0.89%
HDFC Life Insurance Company Ltd. Financial Services 0.89%
Cadila Healthcare Ltd. Pharma 0.89%
Other 31.00%
Quantitative indicators As on July 30, 2021
21.26% Sharpe 0.96 Active 69
Ratio** bets
Std. Beta Total stocks
deviation 0.39 29.36% in portfolio
Top 10 stocks@ Net Equity Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
This product is suitable for investors who are seeking*
41.72% 98.87% Equity F&O 2.08
0.95 1.13 • To create wealth in the long term
• Investment predominantly in equity and equity related
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40% | @ Top 10 Stock also includes the Future and Options securities including equity derivatives of the 100
largest companies by market capitalization, listed in
India.
Fund Performance as on July 30, 2021 *Investors should consult their financial advisers if in
doubt about whether the product is suitable for them.
Benchmark Additional Benchmark
Scheme - Regular Plan
(Nifty 50 TR Index) (S&P BSE Sensex TR Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Investors
Invested Invested Invested AT
E
understand
ER
OD
1 Year 43.02% 14,288 44.30% 14,416 41.55% 14,141 that their
M
3 Year 11.74% 13,953 12.90% 14,391 13.14% 14,484 principal
LOW
will be at
5 Year 13.26% 18,646 14.18% 19,419 14.73% 19,896
Very
Since Inception - Regular Plan 14.20% 50,550 12.67% 42,878 13.01% 44,470 RISKOMETER
High Risk
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Large Cap Fund. Returns are for Growth Option only. In case the
start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Mr. Bharat Lahoti (Managing this fund from May 2, 2017) & The scheme is currently managed by Mr. Hardik Varma (Managing this fund from May 11, 2019)
Please refer page no. 49-50 for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
3. Standard deviation and Sharpe ratio are annualized.
4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: Bloomberg.
8Edelweiss An open ended equity scheme
investing in both large cap and
Large & Mid Cap mid cap stocks
Fund
Inception Date 14-Jun-07
Investment Objective (As on 30th July, 2021)
Fund Managers Details
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio of predominantly Large Cap Fund Managers Experience Managing Since
and Mid Cap equity and equity-related securities However, there can be no assurance that the investment objective of the Scheme will be
realised. Mr. Harshad Patwardhan, 25 years 14-Jun-07
CFA.
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Fund Size
Month End AUM Monthly Average AUM
Name of Instrument Industry % to Net Financial Services 25.79% Rs. 905.75 Crore Rs. 871.02 Crore
Assets
Consumer Goods 11.62% NAV (as on July 30, 2021)
ICICI Bank Ltd. Financial Services 5.62% IT 10.61% Direct Plan IDCW Option 22.9990
Infosys Ltd. IT 5.56%
Industrial Manufacturing 8.28% Direct Plan Growth Option 54.4220
HDFC Bank Ltd. Financial Services 3.94%
State Bank of India Financial Services 3.70% Pharma 7.12% Regular Plan IDCW Option 20.6570
Mphasis Ltd. IT 2.67% Construction 6.72% Regular Plan Growth Option 49.1760
Reliance Industries Ltd. Oil & Gas 2.53%
SRF Ltd. Industrial Manufacturing 2.51% Oil & Gas 5.34%
Gujarat Gas Ltd. Oil & Gas 2.47% Automobile 5.28% Minimum Investment Amount
Axis Bank Ltd. Financial Services 2.45%
Cement & Cement Products 4.54% Rs. 5,000/- per application & in multiples of Re. 1/-
HCL Technologies Ltd. IT 2.38%
Emami Ltd. Consumer Goods 2.12% Chemicals 2.66% thereafter
Larsen & Toubro Ltd. Construction 2.03%
Bharti Airtel Ltd. Telecom 2.02% Additional investment amount
Ultratech Cement Ltd. Cement & Cement Products 1.97% Asset Allocation
Market Capitalization
(% of (%
total)
of total) Rs. 500/- per application & in multiples of Re. 1/-
Crompton Greaves Cons thereafter
Electrical Ltd. Consumer Goods 1.95%
Ashok Leyland Ltd. Automobile 1.87%
Equitas Holdings Ltd. Financial Services 1.87% Exit Load
15.05%
Shriram Transport Finance • If the units are redeemed / switched out on or
Company Ltd. Financial Services 1.86% before 12 months from the date of allotment – 1.00%
Balkrishna Industries Ltd. Automobile 1.85% • If the units are redeemed / switched out after 12
Jindal Steel & Power Ltd. Metals 1.75% months from the date of allotment – Nil
The Phoenix Mills Ltd. Construction 1.69%
Dalmia Bharat Ltd. Cement & Cement Products 1.62%
47.89% Total Expense Ratios~:
Dr. Reddy's Laboratories Ltd. Pharma 1.56%
Minda Industries Ltd. Automobile 1.56% 37.06%
Regular Plan 2.31%
Dixon Technologies (India) Ltd. Consumer Goods 1.55%
Direct Plan 0.73%
Laurus Labs Ltd. Pharma 1.53%
Cummins India Ltd. Industrial Manufacturing 1.41%
Chambal Fertilizers &
Chemicals Ltd. Fertilisers & Pesticides 1.38%
Trent Ltd. Consumer Goods 1.36%
Large cap Mid cap Small cap
CSB Bank Ltd. Financial Services 1.32%
Other 31.90%
Quantitative indicators As on July 30, 2021
21.54% Sharpe 0.88 Active 65
Ratio** bets
Std. Beta Total stocks
deviation in portfolio
0.56 60.20%
Top 10 stocks
@
Net Equity Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
33.83% 97.51% Equity F&O 0.58
0.58 0.00
This product is suitable for investors who are seeking*
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40% | @ Top 10 Stock also includes the Future and Options
• Long-term capital growth.
• Investments predominantly in equity and equity related
Fund Performance as on July 30, 2021 securities of large & mid cap companies.
*Investors should consult their financial advisers if in
Benchmark Additional Benchmark doubt about whether the product is suitable for them.
Scheme - Regular Plan
(Nifty Large Midcap 250 TR Index) (Nifty 50 TR Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000
Invested Invested Invested E
Investors
AT
59.95% 15,975 61.99% 16,178 44.30% 14,416 understand
ER
1 Year
OD
that their
M
3 Year 15.56% 15,433 15.05% 15,229 12.90% 14,391
principal
5 Year 15.33% 20,421 15.98% 21,001 14.18% 19,419
LOW
will be at
Since Inception - Regular Plan 11.93% 49,176 12.93% 55,798 11.18% 44,729 Very
RISKOMETER
High Risk
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Large & Mid Cap Fund. Returns are for Growth Option only. Since
Inception returns are calculated on Rs. 10/- invested at inception of the scheme. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Harshad Patwardhan (managing this fund from June 14, 2007). Please refer page no. 49-50 for name of the other schemes currently managed by the Fund
Managers and relevant scheme for performance.
3. Standard deviation and Sharpe ratio are annualized.
4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: Bloomberg.
6. Please note that the scheme is acquired from JPMorgan mutual fund on and from the close of business hours of November 25, 2016, hence disclosure requirement vide SEBI Circular no.
SEBI/HO/IMD/DF3/CIR/P/2018/69 dated April 12, 2018 on performance disclosure post consolidation/ Merger of Schemes, prior to acquisition date, is not provided.
9Edelweiss An open ended dynamic equity scheme investing
across large cap, mid cap, small cap stocks
Flexi-Cap Fund
Inception Date 3-Feb-15
Investment Objective (As on 30th July, 2021)
Fund Managers Details
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio that dynamically invests
Fund Managers Experience Managing Since
in equity and equity-related securities of companies across various market capitalisation. However, there can be no assurance that the
investment objective of the Scheme will be realized. Mr. Harshad Patwardhan, 25 years 03-Feb-15
CFA.
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise
Fund Size
Name of Instrument Industry % to Net Month End AUM Monthly Average AUM
Financial Services 29.45%
Assets
Rs. 802.25 Crore Rs. 782.54 Crore
Infosys Ltd. IT 7.81% IT 13.74%
ICICI Bank Ltd. Financial Services 7.61% Consumer Goods 9.02%
HDFC Bank Ltd. Financial Services 5.71% Industrial Manufacturing 7.34% NAV (as on July 30, 2021)
State Bank of India Financial Services 3.73% Construction 7.34% Direct Plan IDCW Option 19.7850
HCL Technologies Ltd. IT 3.31%
Pharma 7.19% Direct Plan Growth Option 23.2520
Axis Bank Ltd. Financial Services 2.95%
Cement & Cement Products 5.14% Regular Plan IDCW Option 18.3050
Larsen & Toubro Ltd. Construction 2.68%
Oil & Gas
Regular Plan Growth Option 21.4410
Mphasis Ltd. IT 2.62% 4.98%
Reliance Industries Ltd. Oil & Gas 2.30% Automobile 4.42%
SRF Ltd. Industrial Manufacturing 2.22% Minimum Investment Amount
Metals 3.13%
Equitas Holdings Ltd. Financial Services 2.15% Rs. 5,000/- per application & in multiples of Re. 1/-
Ultratech Cement Ltd. Cement & Cement Products 2.08% thereafter
Gujarat Gas Ltd. Oil & Gas 2.07%
Tata Steel Ltd. Metals 1.96%
Market Capitalization (% of total)
Additional investment amount
Hindustan Unilever Ltd. Consumer Goods 1.88%
Rs. 500/- per application & in multiples of Re 1/-
Dr. Reddy's Laboratories Ltd. Pharma 1.87%
thereafter
Dalmia Bharat Ltd. Cement & Cement Products 1.80%
Bharti Airtel Ltd. Telecom 1.78% 17.05%
Dixon Technologies (India) Ltd. Consumer Goods 1.74% Exit Load
Ashok Leyland Ltd. Automobile 1.60% • If the units are redeemed / switched out on or
Minda Industries Ltd. Automobile 1.48% before 12 months from the date of allotment – 1.00%
Brigade Enterprises Ltd. Construction 1.45% • If the units are redeemed / switched out after 12
Cipla Ltd. Pharma 1.45% months from the date of allotment – Nil
25.81% 57.14%
CSB Bank Ltd. Financial Services 1.41%
Praj Industries Ltd. Industrial Manufacturing 1.38%
Total Expense Ratios~:
Mahindra Logistics Ltd. Services 1.36%
Balkrishna Industries Ltd. Automobile 1.34% Regular Plan 2.33%
Shriram Transport Finance Direct Plan 0.58%
Company Ltd. Financial Services 1.29%
Large cap Mid cap Small cap
JK Cement Ltd. Cement & Cement Products 1.26%
The Phoenix Mills Ltd. Construction 1.25%
Other 26.46%
Quantitative indicators As on July 30, 2021
21.83% Sharpe 0.95 Active 58
Ratio** bets
Std. Beta Total stocks
deviation 0.45 59.47% in portfolio
Top 10 stocks@ Net Equity Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
40.94% 98.58% Equity F&O 0.58
0.58 0.00
This product is suitable for investors who are seeking*
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40% | @ Top 10 Stock also includes the Future and Options
• Long Term Capital Growth
• Investment in equity and equity-related securities of
Fund Performance as on July 30, 2021 companies across various market capitalisations.
*Investors should consult their financial advisers if in
Benchmark Additional Benchmark doubt about whether the product is suitable for them.
Scheme - Regular Plan
(Nifty 500 TR Index) (Nifty 50 TR Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000
Invested Invested Invested E
Investors
AT
understand
ER
1 Year 56.52% 15,633 53.07% 15,289 44.30% 14,416
OD
that their
M
3 Year 13.26% 14,529 13.56% 14,643 12.90% 14,391 principal
LOW
5 Year 15.33% 20,420 14.58% 19,767 14.18% 19,419 will be at
Since Inception - Regular Plan 12.47% 21,441 11.84% 20,675 10.89% 19,562 Very
RISKOMETER
High Risk
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Flexi-Cap Fund. Returns are for Growth Option only. Since Inception
returns are calculated on Rs. 10/- invested at inception of the scheme. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Harshad Patwardhan (managing this fund from February 3, 2015). Please refer page no. 49-50 for name of the other schemes currently managed by the Fund
Managers and relevant scheme for performance.
4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: BSE, Bloomberg.
6. Please note that the scheme is acquired from JPMorgan mutual fund on and from the close of business hours of November 25, 2016, hence disclosure requirement vide SEBI Circular no.
SEBI/HO/IMD/DF3/CIR/P/2018/69 dated April 12, 2018 on performance disclosure post consolidation/ Merger of Schemes, prior to acquisition date, is not provided.
10Edelweiss An open ended equity scheme
predominantly investing in mid
Mid Cap Fund cap stocks
Inception Date 26-Dec-2007
Investment Objective (As on 30th July, 2021) Fund Managers Details
The investment objective is to seek to generate long-term capital appreciation from a portfolio that predominantly invests in equity and Fund Managers Experience Managing Since
equity-related securities of Mid Cap companies. However, there can be no assurance that the investment objective of the Scheme will be Mr. Harshad Patwardhan, 25 years 26-Dec-07
realised.
CFA.
Fund Size
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Month End AUM Monthly Average AUM
Rs. 1,600.01 Crore Rs. 1,550.23 Crore
Name of Instrument Industry % to Net
Assets Financial Services 18.32%
NAV (as on July 30, 2021)
Mphasis Ltd. IT 4.02% Consumer Goods 16.15%
Direct Plan IDCW Option 40.1690
SRF Ltd. Industrial Manufacturing 3.29% Industrial Manufacturing 12.86%
Direct Plan Growth Option 52.4540
Shriram Transport Finance
Automobile 7.23% Regular Plan IDCW Option 29.3750
Company Ltd. Financial Services 3.15%
Crompton Greaves Pharma 7.17% Regular Plan Growth Option 47.5800
Cons Electrical Ltd. Consumer Goods 3.14% IT 6.99%
Dalmia Bharat Ltd. Cement & Cement Products 2.96%
Cement & Cement Products 5.46% Minimum Investment Amount
Laurus Labs Ltd. Pharma 2.84%
Gujarat Gas Ltd. Oil & Gas 2.75% Construction 4.86% Rs. 5,000/- per application & in multiples of Re. 1/-
Tata Power Company Ltd. Power 2.70% Chemicals 3.84% thereafter
Emami Ltd. Consumer Goods 2.65%
Fertilisers & Pesticides 2.92%
Balkrishna Industries Ltd. Automobile 2.49%
Ashok Leyland Ltd. Automobile 2.41% Additional investment amount
Trent Ltd. Consumer Goods 2.38% Rs. 500/- per application & in multiples of Re. 1/-
Dixon Technologies (India) Ltd. Consumer Goods 2.28% Asset Allocation
Market Capitalization
(% of (%
total)
of total) thereafter
The Federal Bank Ltd. Financial Services 2.28%
Max Financial Services Ltd. Financial Services 2.23%
Praj Industries Ltd. Industrial Manufacturing 2.16% Exit Load
Equitas Holdings Ltd. Financial Services 2.13% 1.58%
• If the units are redeemed / switched out on or
Max Healthcare Institute Ltd. Healthcare Services 2.11%
Jindal Steel & Power Ltd. Metals 1.96% before 12 months from the date of allotment – 1.00%
Bharat Electronics Ltd. Industrial Manufacturing 1.88% 26.20% • If the units are redeemed / switched out after 12
Cummins India Ltd. Industrial Manufacturing 1.83% months from the date of allotment – Nil
Voltas Ltd. Consumer Goods 1.80%
P I INDUSTRIES LIMITED Fertilisers & Pesticides 1.79% 72.22%
JK Cement Ltd. Cement & Cement Products 1.68% Total Expense Ratios~:
Minda Industries Ltd. Automobile 1.67% Regular Plan 2.12%
City Union Bank Ltd. Financial Services 1.67% Direct Plan 0.64%
Cholamandalam Investment
& Fin Co Ltd. Financial Services 1.54%
Birlasoft Ltd. IT 1.49%
Persistent Systems Ltd. IT 1.48%
CSB Bank Ltd. Financial Services 1.46%
Other 31.78% Mid cap Small cap Large cap
Quantitative indicators As on July 30, 2021
25.44% 0.88 64
Sharpe Active
Ratio** bets
Std. Beta Total stocks
deviation 0.62 56.63% in portfolio
Top 10 stocks
@
Net Equity Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
Equity F&O This product is suitable for investors who are seeking*
29.99% 97.91% 0.62
0.62 0.00
• Long Term Capital Growth
• Investments predominantly in equity and equity related
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40% | @ Top 10 Stock also includes the Future and Options securities of mid cap companies.
*Investors should consult their financial advisers if in
doubt about whether the product is suitable for them.
Fund Performance as on July 30, 2021 ^The Fund Manager may from time to time include other
equity and equity related securities outside the universe
Benchmark to achieve optimal portfolio construction
Scheme - Regular Plan Additional Benchmark
(Nifty Midcap 100 TR Index) (Nifty 50 TR Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Investors
Invested Invested Invested AT
E
understand
ER
OD
1 Year 85.89% 18,558 81.54% 18,124 44.30% 14,416 that their
M
3 Year 19.21% 16,940 14.84% 15,147 12.90% 14,391 principal
LOW
will be at
5 Year 17.88% 22,786 14.66% 19,829 14.18% 19,419
Very High Risk
Since Inception - Regular Plan 12.15% 47,580 10.11% 37,050 8.56% 30,565 RISKOMETER
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Mid Cap Fund. Returns are for Growth Option only. Since Inception
returns are calculated on Rs. 10/- invested at inception of the scheme. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Harshad Patwardhan (managing this fund from December 26, 2007). Please refer page no. 49-50 for name of the other schemes currently managed by the Fund
Managers and relevant scheme for performance.
3. Standard deviation and Sharpe ratio are annualized. 4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: Bloomberg.
6. Please note that Edelweiss Emerging Leaders Fund was merged with JP Morgan India Mid and Small Cap Fund and feature of JP Morgan India Mid and Small Cap Fund was retained with surviving
scheme name as Edelweiss Mid and Small Cap Fund. Further, performance details as per SEBI Circular dated April 12, 2018 of JP Morgan schemes prior to acquisition data is not provided.
11Edelweiss An open ended equity scheme
predominantly investing in small
Small Cap Fund cap stocks
Inception Date 07-Feb-19
Investment Objective (As on 30th July, 2021)
Fund Managers Details
The investment objective of the scheme is to generate long term capital appreciation from a portfolio that predominantly invests in equity and
equity related securities of small cap companies. However, there can be no assurance that the investment objective of the Scheme will be Fund Managers Experience Managing Since
realised. Mr. Harshad Patwardhan, 25 years 07-Feb-19
CFA.
Fund Size
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Month End AUM Monthly Average AUM
Rs. 1,027.87 Crore Rs. 998.15 Crore
Name of Instrument Industry % to Net
Industrial Manufacturing 15.80% NAV (as on July 30, 2021)
Assets
Persistent Systems Ltd. IT 3.03% Consumer Goods 13.25% Direct Plan IDCW Option 21.7600
Chambal Fertilizers Financial Services 10.83% Direct Plan Growth Option 23.0430
& Chemicals Ltd. Fertilisers & Pesticides 2.77% IT 8.84% Regular Plan IDCW Option 20.8960
Dixon Technologies (India) Ltd. Consumer Goods 2.66%
Construction 8.81% Regular Plan Growth Option 22.1740
APL Apollo Tubes Ltd. Metals 2.59%
Services 8.74%
Praj Industries Ltd. Industrial Manufacturing 2.50%
JB Chemicals & Pharma 5.96% Minimum Investment Amount
Pharmaceuticals Ltd. Pharma 2.41% Chemicals 5.67% Minimum of Rs. 5,000/ and multiples of Re. 1/
Equitas Holdings Ltd. Financial Services 2.21% thereafter.
Cement & Cement Products 4.37%
Mphasis Ltd. IT 2.04%
Metals 4.35%
Dalmia Bharat Ltd. Cement & Cement Products 1.99% Additional investment amount
Birlasoft Ltd. IT 1.91%
Rs.500/ and in multiples of Re. 1/ thereafter.
Amber Enterprises India Ltd. Consumer Goods 1.88%
Laurus Labs Ltd. Pharma 1.86% Asset Allocation
Market Capitalization
(% of (%
total)
of total)
Mastek Ltd. IT 1.86% Exit Load
Gateway Distriparks Ltd. Services 1.82% If the units are redeemed / switched out on or
Ratnamani Metals & Tubes Ltd. Metals 1.76% before 12 months from the date of allotment -1.00%
TCI Express Ltd. Services 1.76% 28.05% If the units are redeemed / switched out after 12
CSB Bank Ltd. Financial Services 1.71% months from the date of allotment Nil
GMM Pfaudler Ltd. Industrial Manufacturing 1.65%
Sudarshan Chemical Industries Ltd. Chemicals 1.64% Total Expense Ratios~:
71.95%
Teamlease Services Ltd. Services 1.62% Regular Plan 2.25%
Century Plyboards (India) Ltd. Consumer Goods 1.62% Direct Plan 0.60%
JK Lakshmi Cement Ltd. Cement & Cement Products 1.60%
Brigade Enterprises Ltd. Construction 1.60%
Max Healthcare Institute Ltd. Healthcare Services 1.59%
KEI Industries Ltd. Industrial Manufacturing 1.57%
KNR Constructions Ltd. Construction 1.50%
PNC Infratech Ltd. Construction 1.50%
Grindwell Norton Ltd. Industrial Manufacturing 1.50% Small cap Mid cap
Garware Technical Fibres Ltd. Textiles 1.49%
Timken India Ltd. Industrial Manufacturing 1.46%
Other 42.90%
Quantitative indicators As on July 30, 2021
76.98% Total stocks 24.11%
in portfolio Net Equity
Active Top 10 stocks
bets
72 97.54%
Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
This product is suitable for investors who are seeking*
Equity F&O • Long Term Capital Appreciation Growth
0.59 0.00 0.59
• Investments predominantly in equity and equity related
securities of small cap companies.
*Investors should consult their financial advisers if in
doubt about whether the product is suitable for them.
Fund Performance as on July 30, 2021 ^The Fund Manager may from time to time include other
equity and equity related securities outside the universe
Benchmark Additional Benchmark to achieve optimal portfolio construction
Scheme - Regular Plan
(Nifty Smallcap 250 TRI) (Nifty 50 TR Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000
Invested Invested Invested E
Investors
AT
understand
ER
1 Year 103.60% 20,321 113.47% 21,303 44.30% 14,416
OD
that their
M
3 Year NA NA NA NA NA NA principal
LOW
5 Year NA NA NA NA NA NA will be at
Since Inception - Regular Plan 37.92% 22,174 29.36% 18,918 16.82% 14,696 Very High Risk
RISKOMETER
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure.
2. The scheme is currently managed by Harshad Patwardhan (managing this fund from February 07, 2019). Please refer page no. 49-50 for name of the other schemes currently managed by the Fund
Managers and relevant scheme for performance.
3. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: Bloomberg.
12Edelweiss Recently An open-ended equity scheme following
investment theme of investing in recently
Listed IPO Fund listed 100 companies or upcoming Initial
Public Offer (IPOs)
Note: Edelweiss Maiden Opportunities Fund Series 1 (a closed ended scheme) was converted into Edelweiss Recently Listed IPO Fund
(an open ended scheme) and is now open for investment effective from June 29, 2021.
Inception Date 22-Feb-18
Investment Objective (As on 30th July, 2021)
Fund Managers Details
The investment objective of the Scheme is to seek to provide capital appreciation by investing in equity and equity related securities of
recently listed 100 companies or upcoming Initial Public Offers (IPOs). However, there can be no assurance that the investment objective of Fund Managers Experience Managing Since
the Scheme will be realised. Mr. Bharat Lahoti 13 years 22-Feb-18
Mr. Bhavesh Jain 11 years 22-Feb-18
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Fund Size
Name of Instrument Industry % to Net Financial Services 30.37%
Month End AUM Monthly Average AUM
Assets Rs. 595.71 Crore Rs. 497.02 Crore
Consumer Goods 14.44%
Zomato Ltd. Consumer Services 4.65% NAV (as on July 30, 2021)
Services 6.81%
Indian Railway Catering Direct Plan IDCW Option 18.5606
&Tou. Corp. Ltd. Services 4.50% Industrial Manufacturing 6.48%
Dixon Technologies (India) Ltd. Consumer Goods 4.19% Direct Plan Growth Option 18.5606
IT 5.25%
Gland Pharma Ltd. Pharma 4.15% Regular Plan IDCW Option 18.2743
Metropolis Healthcare Ltd. Healthcare Services 3.96% Pharma 5.11% Regular Plan Growth Option 18.2748
HDFC Life Insurance Company Ltd. Financial Services 3.75% Consumer Services 4.65%
Avenue Supermarts Ltd. Consumer Goods 3.70%
Amber Enterprises India Ltd. Consumer Goods 3.57% Healthcare Services 3.96% Minimum Investment Amount
HDFC Asset Management Automobile
Rs. 5,000/- and in multiples of Re. 1
2.70%
Company Ltd. Financial Services 3.44%
Polycab India Ltd. Industrial Manufacturing 3.01% Construction 2.29% Additional investment amount
Computer Age Management
Services Ltd. Financial Services 2.93% Rs. 500/- and in multiples of Re. 1/‐thereafter
ICICI Lombard General Market Capitalization (% of total)
Insurance Co. Ltd. Financial Services 2.90% Exit Load
SBI Cards & Payment Services Ltd. Financial Services 2.79%
Upto 180 days : 2%
Aavas Financiers Ltd. Financial Services 2.75%
Central Depository Services (I) Ltd. Financial Services 2.69% After 180 days : Nil
Indian Energy Exchange Ltd. Financial Services 2.43%
Happiest Minds Technologies Ltd. IT 2.25%
32.48% Total Expense Ratios~:
Bandhan Bank Ltd. Financial Services 2.22% 36.42%
Sona BLW Precision Forgings Ltd. Automobile 2.21% Regular Plan 2.43%
MTAR Technologies Ltd. Industrial Manufacturing 2.14% Direct Plan 1.23%
Indigo Paints Ltd. Consumer Goods 1.95%
Affle (India) Ltd. IT 1.92%
Fine Organic Industries Ltd. Chemicals 1.77%
Mahindra Logistics Ltd. Services 1.61%
Clean Science and Technology Ltd. Industrial Manufacturing 1.33%
GR Infraprojects Ltd. Construction 1.25%
31.10%
Nippon Life India Asset
Management Ltd. Financial Services 1.20%
ICICI Securities Ltd. Financial Services 1.18%
H.G. Infra Engineering Ltd. Construction 1.04% Large cap Mid cap Small cap
Dodla Dairy Ltd. Consumer Goods 1.03%
Other 21.49%
Quantitative indicators As on July 30, 2021
22.06% Sharpe 0.79 Total stocks 39.74%
Ratio** in portfolio
Std. Beta Active
deviation 0.86 41 bets
Top 10 stocks Net Equity Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
38.92% 96.51% Equity F&O
0.74 1.27
0.53
This product is suitable for investors who are seeking*
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40%
• Long-term capital growth.
• Investment in equity and equity-related securities
Fund Performance as on July 30, 2021 recently listed 100 companies or upcoming Initial
Public Offer (IPOs)
Benchmark Additional Benchmark *Investors should consult their financial advisers if in
Scheme - Regular Plan
(India Recent 100 IPO Index TRI) (Nifty 50 TR Index) doubt about whether the product is suitable for them.
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000
Invested Invested Invested
76.94% 17,667 55.93% 15,574 44.30% 14,416 Investors
1 Year AT
E
understand
ER
OD
3 Year 22.30% 18,292 12.62% 14,283 12.90% 14,391 that their
M
5 Year NA NA NA NA NA NA principal
LOW
Since Inception - Regular Plan 19.18% 18,275 10.61% 14,142 14.41% 15,879 will be at
Very
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. RISKOMETER
High Risk
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Recently Listed IPO Fund. Returns are for Growth Option only. In case
the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Mr. Bharat Lahoti and Mr. Bhavesh Jain (Managing since Feb 22, 2018). Please refer page no. 49-50 for name of the other schemes currently managed by the
Fund Managers and relevant scheme for performance.
3. Standard deviation and Sharpe ratio are annualized.
4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: Bloomberg.
13Edelweiss An open ended equity linked saving
scheme with a statutory lock in of
Long Term Equity 3 years and tax benefit
Fund (Tax Savings)
Inception Date 30-Dec-08
Investment Objective (As on 30th July, 2021)
Fund Managers Details
The primary objective of the Scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in
periods from a portfolio that invests predominantly in equity and equity related instruments. However, there is no assurance that the Fund Managers Experience Managing Since
investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. Mr. Harsh Kothari 8 years 30-Apr-19
Mr. Pratik Dharmshi 9 years 30-Apr-19
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Fund Size
Name of Instrument Industry % to Net Month End AUM Monthly Average AUM
Financial Services 31.87%
Assets Rs. 186.39 Crore Rs. 183.24 Crore
IT 13.11%
Infosys Ltd. IT 7.71% NAV (as on July 30, 2021)
Consumer Goods 10.99%
ICICI Bank Ltd. Financial Services 7.47% Direct Plan IDCW Option 27.0900
HDFC Bank Ltd. Financial Services 5.56% Construction 8.37%
Direct Plan Growth Option 73.2900
Axis Bank Ltd. Financial Services 4.39% Pharma 5.36%
State Bank of India Financial Services 4.13% Regular Plan IDCW Option 20.0800
Oil & Gas 5.12%
Larsen & Toubro Ltd. Construction 3.64% Regular Plan Growth Option 66.2200
HCL Technologies Ltd. IT 3.09% Cement & Cement Products 4.77%
Reliance Industries Ltd. Oil & Gas 2.81% Industrial Manufacturing 4.22% Minimum Investment Amount
Housing Development Automobile Rs. 500/- per application & in multiples of Re. 500/-
3.71%
Finance Corp Ltd. Financial Services 2.70%
Metals 3.70% thereafter
Bharti Airtel Ltd. Telecom 2.47%
Equitas Holdings Ltd. Financial Services 2.24%
Additional investment amount
Minda Industries Ltd. Automobile 1.87%
Ultratech Cement Ltd. Cement & Cement Products 1.85% Rs. 500/- per application & in multiples of Re 500/-
Market Capitalization (% of total)
Tata Steel Ltd. Metals 1.83% thereafter
Mahindra Logistics Ltd. Services 1.61%
Greenpanel Industries Ltd. Consumer Goods 1.54%
18.84% Exit Load Nil
Gujarat Gas Ltd. Oil & Gas 1.52%
Crompton Greaves Cons
Electrical Ltd. ConsumerGoods 1.48% Total Expense Ratios~:
Emami Ltd. Consumer Goods 1.44% Regular Plan 2.37%
KNR Constructions Ltd. Construction 1.43%
ITC Ltd. Consumer Goods 1.41% Direct Plan 0.68%
Dixon Technologies (India) Ltd. Consumer Goods 1.36% 20.35% 60.81%
Tata Consultancy Services Ltd. IT 1.33%
SBI Life Insurance Company Ltd. Financial Services 1.27%
Praj Industries Ltd. Industrial Manufacturing 1.26%
Ashok Leyland Ltd. Automobile 1.26%
GMM Pfaudler Ltd. Industrial Manufacturing 1.22%
Ashoka Buildcon Ltd. Construction 1.20%
Hindalco Industries Ltd. Metals 1.13%
Shriram Transport Finance Large cap Small cap Mid cap
Company Ltd. Financial Services 1.12%
Other 26.66%
Quantitative indicators As on July 30, 2021
22.17% Sharpe 0.96 Total stocks 56.93%
Ratio** in portfolio
Std. Beta Active
deviation 0.38 59 bets
Top 10 stocks Net Equity Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
43.97% 98.85% Equity F&O
0.00 0.55
0.55
This product is suitable for investors who are seeking*
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40%
• To create wealth in the long term
• Investment in equity and equity-related securities that
Fund Performance as on July 30, 2021 will be locked-in for the first three years.
*Investors should consult their financial advisers if in
Benchmark Additional Benchmark
Scheme - Regular Plan doubt about whether the product is suitable for them.
(Nifty 500 TR Index) (Nifty 50 TR Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000
Invested Invested Invested E
Investors
AT
51.60% 15,143 53.07% 15,289 44.30% 14,416 understand
ER
1 Year
OD
that their
M
3 Year 11.76% 13,959 13.56% 14,643 12.90% 14,391
principal
5 Year 12.00% 17,630 14.58% 19,767 14.18% 19,419
LOW
will be at
Since Inception - Regular Plan 16.20% 66,220 16.52% 68,545 15.54% 61,609 Very
RISKOMETER
High Risk
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Long Term Equity Fund (Tax Savings). Returns are for Growth Option
only. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Mr. Harsh Kothari and Mr. Pratik Dharmshi (Managing since April 30, 2019). Please refer page no. 49-50 for name of the other schemes currently managed by the
Fund Managers and relevant scheme for performance.
3. Standard deviation and Sharpe ratio are annualized.
4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. Active bets are those where the fund have exposure away from the weightage as compared to benchmark. Source: Bloomberg.
14Edelweiss An open ended scheme investing in
Arbitrage Fund arbitrage opportunities
Investment Objective (As on 30th July, 2021) Inception Date 27-Jun-14
The investment objective of the Scheme is to generate income by predominantly investing in arbitrage opportunities in the cash and the Fund Managers Details
derivative segments of the equity markets and the arbitrage opportunities available within the derivative segment and by investing the
balance in debt and money market instruments. However, there is no assurance that the investment objective of the Scheme will be realized. Fund Managers Experience Managing Since
Equity Portion:
Top Holdings as on July 30, 2021 Portfolio Analysis: Sector-Wise Mr. Bhavesh Jain 11 years 27-Jun-14
(Quantity fully hedged against derivative) Debt Portion:
Name of Instrument Industry % to Net Mr. Dhawal Dalal 21 years 22-Dec-16
Metals 15.06%
Assets
Financial Services 14.12%
Adani Ports & Special Fund Size
Pharma 4.52%
Economic Zone Ltd. Services 3.43%
Reliance Industries Ltd. Oil & Gas 2.80% Services 4.16% Month End AUM Monthly Average AUM
Vedanta Ltd. Metals 2.67% IT 4.15%
Rs. 6,442.97 Crore Rs. 5,958.53 Crore
Tata Steel Ltd. Metals 2.43%
Oil & Gas 3.95%
Steel Authority of India Ltd. Metals 2.42% NAV (as on July 30, 2021)
Consumer Goods 3.29%
JSW Steel Ltd. Metals 2.22%
Direct Plan IDCW Option 11.4601
Bharti Airtel Ltd. Telecom 2.08% Automobile 2.52%
ICICI Bank Ltd. Financial Services 1.93% Direct Plan Monthly IDCW Option 13.1693
Telecom 2.37%
Jindal Steel & Power Ltd. Metals 1.68% Direct Plan Growth Option 16.0310
Chemicals 1.87%
Punjab National Bank Financial Services 1.34% Regular Plan IDCW Option 11.2673
Sun Pharmaceutical Industries Ltd. Pharma 1.33% Regular Plan Monthly IDCW Option 12.5443
Hindalco Industries Ltd. Metals 1.23% Regular Plan Growth Option 15.3545
Tata Consultancy Services Ltd. IT 1.18% Asset Allocation (% of total)
Tech Mahindra Ltd. IT 1.17%
Minimum Investment Amount
Bajaj Finance Ltd. Financial Services 1.15%
Bank of Baroda Financial Services 1.09% 17.55% Rs. 5,000/- per application & in multiples of Re. 1/-
Cadila Healthcare Ltd. Pharma 1.04% thereafter.
NMDC Ltd. Metals 0.99%
MindTree Ltd. IT 0.95% Additional investment amount
Kotak Mahindra Bank Ltd. Financial Services 0.93%
Sun TV Network Ltd. Media & Entertainment 0.77% Rs. 500/- per application & in multiples of
Tata Power Company Ltd. Power 0.75% Re. 1/- thereafter
19.26%
IndusInd Bank Ltd. Financial Services 0.74%
Amara Raja Batteries Ltd. Automobile 0.74% Exit Load
Adani Enterprises Ltd. Services 0.71% 63.19%
Canara Bank Financial Services 0.70% • If the units are redeemed / switched out on or
Container Corporation before 30 days from the date of allotment - 0.10%
Of India Ltd. Services 0.66% • If the units are redeemed / switched out on after 30
Deepak Nitrite Ltd. Chemicals 0.65% days from the date of allotment - Nil
UPL Ltd. Fertilisers & Pesticides 0.64% Equities Debt Cash & Other Receivables
ITC Ltd. Consumer Goods 0.63%
Other 58.95% Total Expense Ratios~:
Regular Plan 1.09%
Quantitative indicators As on July 30, 2021
Direct Plan 0.34%
0.26 0.27
Yield to years Average years Std. 2.29
maturity (YTM)# Maturity# deviation Beta
Modified Macaulay# Sharpe
Duration# 0.27 Duration 0.79% Ratio**
3.40% years 0.60
Total stocks
in portfolio Top 10 stocks Portfolio Turnover Ratio^ Total Portfolio Turnover Ratio^
146 23.00% Equity F&O Debt This product is suitable for investors who are seeking*
13.28
3.23 10.00 0.04
• To generate income by predominantly investing in
arbitrage opportunities.
# Yield to maturity (YTM), Modified Duration, Average Maturity and Macaulay Duration for Debt Portion. • Investments predominantly in arbitrage opportunities
**Risk free rate of return (FIMMDA Overnight MIBOR) 3.40% in the cash and derivative segments of the equity
markets and the arbitrage opportunities available
within the derivative segment and by investing the
Fund Performance as on July 30, 2021 balance in debt and money market instruments.
*Investors should consult their financial advisers if in
Benchmark Additional Benchmark
Scheme - Regular Plan $ doubt about whether the product is suitable for them.
(Nifty 50 Arbitrage PR Index ) (CRISIL 1 year T-bill Index)
Period
Returns* Value of Rs. 10000 Returns* Value of Rs. 10000 Returns* Value of Rs. 10000
Invested Invested Invested E
Investors
AT
3.92% 10,391 4.28% 10,426 3.78% 10,377 understand
ER
1 Year
OD
that their
M
3 Year 5.20% 11,642 4.72% 11,484 6.41% 12,048
principal will
5 Year 5.58% 13,120 4.73% 12,602 6.27% 13,555
LOW
be at low risk
Since Inception - Regular Plan 6.23% 15,355 5.50% 14,625 6.81% 15,958
RISKOMETER
Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.
* CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss Arbitrage Fund. Returns are for Growth Option only. Since
Inception returns are calculated on Rs.10/- invested at inception of the scheme. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Bhavesh Jain (managing this fund from June 27, 2014) and Mr. Dhawal Dalal (Managing this fund from December 22, 2016). Please refer page no. 49-50
for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
3. Standard deviation and Sharpe ratio are annualized.
4. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months.
5. $ Nifty 50 Arbitrage TR Index is not available on NSE Website
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