Edelweiss Focused Equity Fund Direct Growth
EquityFocused FundVery High Risk
Direct
NAV (11-Sep-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹877 Cr
Expense Ratio
0.62%
ISIN
INF754K01OP1
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
01 Aug 2022
About this fund
As of 11-Sep-24, it has a Net Asset Value (NAV) of ₹17.40, Assets Under Management (AUM) of 877.11 Crores, and an expense ratio of 0.62%.
- Edelweiss Focused Equity Fund Direct Growth has given a CAGR return of 29.95% since inception.
- The fund's asset allocation comprises around 97.36% in equities, 0.00% in debts, and 2.64% in cash & cash equivalents.
- You can start investing in Edelweiss Focused Equity Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+41.04%
+37.85% (Cat Avg.)
Since Inception
+29.95%
— (Cat Avg.)
Portfolio Summaryas of 31st August 2024
| Equity | ₹853.94 Cr | 97.36% |
| Others | ₹23.16 Cr | 2.64% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| ICICI Bank Ltd | Equity | ₹65.26 Cr | 7.15% |
| HDFC Bank Ltd | Equity | ₹58.78 Cr | 6.44% |
| Trent Ltd | Equity | ₹53.77 Cr | 5.89% |
| Infosys Ltd | Equity | ₹52.41 Cr | 5.74% |
| Larsen & Toubro Ltd | Equity | ₹47.62 Cr | 5.22% |
| Persistent Systems Ltd | Equity | ₹47.52 Cr | 5.21% |
| Reliance Industries Ltd | Equity | ₹41.75 Cr | 4.58% |
| Dabur India Ltd | Equity | ₹37.43 Cr | 4.10% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹36.44 Cr | 3.99% |
| KEI Industries Ltd | Equity | ₹34.83 Cr | 3.82% |
| State Bank of India | Equity | ₹30.7 Cr | 3.37% |
| Titan Co Ltd | Equity | ₹29.41 Cr | 3.22% |
| NTPC Ltd | Equity | ₹29.12 Cr | 3.19% |
| Dixon Technologies (India) Ltd | Equity | ₹28.53 Cr | 3.13% |
| UltraTech Cement Ltd | Equity | ₹26.91 Cr | 2.95% |
| Bharat Electronics Ltd | Equity | ₹26.62 Cr | 2.92% |
| TVS Motor Co Ltd | Equity | ₹25.94 Cr | 2.84% |
| PB Fintech Ltd | Equity | ₹25.03 Cr | 2.74% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹24.83 Cr | 2.72% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹24.3 Cr | 2.66% |
| TBO Tek Ltd | Equity | ₹23.91 Cr | 2.62% |
| Axis Bank Ltd | Equity | ₹22.13 Cr | 2.43% |
| Tata Motors Ltd | Equity | ₹20.87 Cr | 2.29% |
| ABB India Ltd | Equity | ₹20.68 Cr | 2.27% |
| Godrej Properties Ltd | Equity | ₹17.07 Cr | 1.87% |
| Endurance Technologies Ltd | Equity | ₹16.88 Cr | 1.85% |
| Jindal Steel & Power Ltd | Equity | ₹15.48 Cr | 1.70% |
| Kajaria Ceramics Ltd | Equity | ₹12.77 Cr | 1.40% |
| IndusInd Bank Ltd | Equity | ₹11.03 Cr | 1.21% |
| Akums Drugs and Pharmaceuticals Ltd | Equity | ₹4.51 Cr | 0.49% |
| Net Receivables/(Payables) | Cash - Collateral | ₹-0.21 Cr | 0.02% |
| Accrued Interest | Cash - Collateral | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
74.23%
Mid Cap Stocks
18.62%
Small Cap Stocks
1.40%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹237.75 Cr | 26.06% |
| Industrials | ₹166.44 Cr | 18.24% |
| Consumer Cyclical | ₹146.87 Cr | 16.10% |
| Technology | ₹128.45 Cr | 14.08% |
| Basic Materials | ₹42.39 Cr | 4.65% |
| Energy | ₹41.75 Cr | 4.58% |
| Healthcare | ₹40.94 Cr | 4.49% |
| Consumer Defensive | ₹37.43 Cr | 4.10% |
| Utilities | ₹29.12 Cr | 3.19% |
| Real Estate | ₹17.07 Cr | 1.87% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
12.86%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.95
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.78
Higher the better
Fund Managers
Sumanta Khan
Since April 2024
Amit Vora
Since December 2023
Trideep Bhattacharya
Since August 2022
Raj Koradia
Since August 2024
Additional Scheme Detailsas of 31st August 2024
ISIN | INF754K01OP1 | Expense Ratio | 0.62% | Exit Load | 1.00% | Fund Size | ₹877 Cr | Age | 01 Aug 2022 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | Nifty 500 TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- If units are sold after 1 year from the date of investment: Gains up to INR 1.25 lakh in a financial year are exempt from tax. Any gains exceeding INR 1.25 lakh are taxed at a rate of 12.5%.
- If units are sold within 1 year from the date of investment: The entire amount of gain is taxed at a rate of 20%.
- Holding the units: No tax is applicable as long as you continue to hold the units.
Dividend Taxation:
Dividends are added to the investor’s income and taxed according to their respective tax slabs. Additionally, if an investors dividend income exceeds INR 5,000 in a financial year, the fund house deducts a 10% Tax Deducted at Source (TDS) before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Focused Fund Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Focused Equity Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3672.18 Cr | 33.4% |
| Tata Focused Equity Fund Direct Growth Very High Risk | 0.6% | 1.0% | ₹1912.03 Cr | 37.8% |
| Tata Focused Equity Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹1912.03 Cr | 35.7% |
| Kotak Focused Equity Fund Direct Growth Very High Risk | 0.5% | 1.0% | ₹3672.18 Cr | 35.2% |
| DSP Focus Fund Regular Growth Very High Risk | 2.0% | 1.0% | ₹2667.24 Cr | 38.5% |
| Union Focused Fund Direct Growth Very High Risk | 1.5% | 1.0% | ₹426.98 Cr | 24.7% |
| Union Focused Fund Regular Growth Very High Risk | 2.5% | 1.0% | ₹426.98 Cr | 23.5% |
| 360 ONE Focused Equity Fund Regular Growth Very High Risk | 1.8% | 1.0% | ₹7986.59 Cr | 33.3% |
| 360 ONE Focused Equity Fund Direct Growth Very High Risk | 0.9% | 1.0% | ₹7986.59 Cr | 34.6% |
| ICICI Prudential Focused Equity Fund Regular Growth Very High Risk | 1.7% | 1.0% | ₹10093.43 Cr | 44.8% |
About the AMC
Total AUM
₹1,62,381 Cr
Address
J.P.Morgan Tower, Mumbai, 400 098
Other Funds by Edelweiss Mutual Fund
Risk Level
Your principal amount will be at Very High Risk
Unlock Expert Insights!
Related Articles
Still got questions?
We're here to help.
What is the current NAV of Edelweiss Focused Equity Fund Direct Growth?
What is the portfolio composition of Edelweiss Focused Equity Fund Direct Growth?
Who manages the Edelweiss Focused Equity Fund Direct Growth?
- Sumanta Khan
- Amit Vora
- Trideep Bhattacharya
- Raj Koradia
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.