Direct
NAV (24-Jul-24)
₹11.45-0.55%1D
Returns (Since Inception)
14.52%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹541 Cr
Expense Ratio
0.48%
ISIN
INF754K01SK3
Minimum SIP
₹100
Exit Load
1.00%
Inception Date
05 Mar 2024
About this fund
This fund has been in existence for 4 months and 21 days, having been launched on 05-Mar-24.
As of 24-Jul-24, it has a Net Asset Value (NAV) of ₹11.45, Assets Under Management (AUM) of 541.22 Crores, and an expense ratio of 0.48%.
As of 24-Jul-24, it has a Net Asset Value (NAV) of ₹11.45, Assets Under Management (AUM) of 541.22 Crores, and an expense ratio of 0.48%.
- Edelweiss Technology Fund Direct Growth has given a CAGR return of 14.52% since inception.
- The fund's asset allocation comprises around 97.16% in equities, 0.00% in debts, and 2.84% in cash & cash equivalents.
- You can start investing in Edelweiss Technology 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.
Since Inception
+14.52%
— (Cat Avg.)
Portfolio Summaryas of 30th June 2024
| Equity | ₹525.87 Cr | 97.16% |
| Others | ₹15.35 Cr | 2.84% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Bharti Airtel Ltd | Equity | ₹49.46 Cr | 9.14% |
| Infosys Ltd | Equity | ₹46.17 Cr | 8.53% |
| Microsoft Corp | Equity | ₹30.42 Cr | 5.62% |
| Apple Inc | Equity | ₹29.81 Cr | 5.51% |
| NVIDIA Corp | Equity | ₹26.4 Cr | 4.88% |
| Tech Mahindra Ltd | Equity | ₹25.47 Cr | 4.71% |
| Zomato Ltd | Equity | ₹20.08 Cr | 3.71% |
| Tata Consultancy Services Ltd | Equity | ₹19.76 Cr | 3.65% |
| PB Fintech Ltd | Equity | ₹17.23 Cr | 3.18% |
| HCL Technologies Ltd | Equity | ₹17.11 Cr | 3.16% |
| Persistent Systems Ltd | Equity | ₹16.85 Cr | 3.11% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹14.6 Cr | 2.70% |
| Coforge Ltd | Equity | ₹12.91 Cr | 2.38% |
| Zensar Technologies Ltd | Equity | ₹11.61 Cr | 2.14% |
| Mphasis Ltd | Equity | ₹11.54 Cr | 2.13% |
| JSW Energy Ltd | Equity | ₹11.46 Cr | 2.12% |
| Cyient Ltd | Equity | ₹11.32 Cr | 2.09% |
| Dixon Technologies (India) Ltd | Equity | ₹10.97 Cr | 2.03% |
| LTIMindtree Ltd | Equity | ₹10.21 Cr | 1.89% |
| Birlasoft Ltd | Equity | ₹9.24 Cr | 1.71% |
| Tejas Networks Ltd | Equity | ₹8.31 Cr | 1.54% |
| ABB India Ltd | Equity | ₹8.07 Cr | 1.49% |
| Tata Motors Ltd | Equity | ₹7.4 Cr | 1.37% |
| Cyient DLM Ltd | Equity | ₹7.07 Cr | 1.31% |
| Broadcom Inc | Equity | ₹7.02 Cr | 1.30% |
| TeamLease Services Ltd | Equity | ₹6.99 Cr | 1.29% |
| Home First Finance Co India Ltd --- | Equity | ₹6.82 Cr | 1.26% |
| Oracle Financial Services Software Ltd | Equity | ₹6.68 Cr | 1.23% |
| Sona BLW Precision Forgings Ltd | Equity | ₹6.64 Cr | 1.23% |
| KPIT Technologies Ltd | Equity | ₹6.32 Cr | 1.17% |
| Data Patterns (India) Ltd | Equity | ₹6.14 Cr | 1.13% |
| Tata Communications Ltd | Equity | ₹6.02 Cr | 1.11% |
| Larsen & Toubro Ltd | Equity | ₹5.29 Cr | 0.98% |
| Rategain Travel Technologies Ltd | Equity | ₹4.54 Cr | 0.84% |
| TBO Tek Ltd | Equity | ₹3.17 Cr | 0.59% |
| Adobe Inc | Equity | ₹2.45 Cr | 0.45% |
| Advanced Micro Devices Inc | Equity | ₹2.39 Cr | 0.44% |
| Salesforce Inc | Equity | ₹2.36 Cr | 0.44% |
| Oracle Corp | Equity | ₹2.15 Cr | 0.40% |
| Qualcomm Inc | Equity | ₹2.03 Cr | 0.38% |
| Accenture PLC Class A | Equity | ₹1.91 Cr | 0.35% |
| Applied Materials Inc | Equity | ₹1.81 Cr | 0.34% |
| Intuit Inc | Equity | ₹1.73 Cr | 0.32% |
| Cisco Systems Inc | Equity | ₹1.66 Cr | 0.31% |
| Texas Instruments Inc | Equity | ₹1.65 Cr | 0.31% |
| ServiceNow Inc | Equity | ₹1.58 Cr | 0.29% |
| International Business Machines Corp | Equity | ₹1.47 Cr | 0.27% |
| Micron Technology Inc | Equity | ₹1.34 Cr | 0.25% |
| Lam Research Corp | Equity | ₹1.29 Cr | 0.24% |
| Intel Corp | Equity | ₹1.24 Cr | 0.23% |
| Analog Devices Inc | Equity | ₹1.06 Cr | 0.20% |
| Palo Alto Networks Inc | Equity | ₹1.05 Cr | 0.19% |
| KLA Corp | Equity | ₹1.05 Cr | 0.19% |
| Synopsys Inc | Equity | ₹0.87 Cr | 0.16% |
| Arista Networks Inc | Equity | ₹0.81 Cr | 0.15% |
| Cadence Design Systems Inc | Equity | ₹0.79 Cr | 0.15% |
| Amphenol Corp Class A | Equity | ₹0.76 Cr | 0.14% |
| Net Receivables/(Payables) | Cash - Collateral | ₹0.74 Cr | 0.14% |
| NXP Semiconductors NV | Equity | ₹0.64 Cr | 0.12% |
| Motorola Solutions Inc | Equity | ₹0.6 Cr | 0.11% |
| Roper Technologies Inc | Equity | ₹0.57 Cr | 0.11% |
| Autodesk Inc | Equity | ₹0.51 Cr | 0.10% |
| TE Connectivity Ltd | Equity | ₹0.44 Cr | 0.08% |
| Microchip Technology Inc | Equity | ₹0.44 Cr | 0.08% |
| Fortinet Inc | Equity | ₹0.36 Cr | 0.07% |
| Monolithic Power Systems Inc | Equity | ₹0.35 Cr | 0.06% |
| Fair Isaac Corp | Equity | ₹0.34 Cr | 0.06% |
| Cognizant Technology Solutions Corp Class A | Equity | ₹0.32 Cr | 0.06% |
| Gartner Inc | Equity | ₹0.32 Cr | 0.06% |
| HP Inc | Equity | ₹0.3 Cr | 0.06% |
| Corning Inc | Equity | ₹0.29 Cr | 0.05% |
| CDW Corp | Equity | ₹0.28 Cr | 0.05% |
| ON Semiconductor Corp | Equity | ₹0.27 Cr | 0.05% |
| Ansys Inc | Equity | ₹0.27 Cr | 0.05% |
| NetApp Inc | Equity | ₹0.25 Cr | 0.05% |
| Hewlett Packard Enterprise Co | Equity | ₹0.24 Cr | 0.04% |
| Western Digital Corp | Equity | ₹0.23 Cr | 0.04% |
| Keysight Technologies Inc | Equity | ₹0.22 Cr | 0.04% |
| Seagate Technology Holdings PLC | Equity | ₹0.2 Cr | 0.04% |
| PTC Inc | Equity | ₹0.2 Cr | 0.04% |
| Teledyne Technologies Inc | Equity | ₹0.17 Cr | 0.03% |
| VeriSign Inc | Equity | ₹0.15 Cr | 0.03% |
| Accrued Interest | Cash - Collateral | ₹0.01 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
62.48%
Mid Cap Stocks
20.79%
Small Cap Stocks
13.31%
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Technology | ₹359.79 Cr | 66.48% |
| Communication Services | ₹55.48 Cr | 10.25% |
| Industrials | ₹40.98 Cr | 7.57% |
| Consumer Cyclical | ₹34.11 Cr | 6.30% |
| Financial Services | ₹24.05 Cr | 4.44% |
| Utilities | ₹11.46 Cr | 2.12% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
19.20%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.32
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
0.49
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th June 2024
ISIN | INF754K01SK3 | Expense Ratio | 0.48% | Exit Load | 1.00% | Fund Size | ₹541 Cr | Age | 05 Mar 2024 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | BSE TECK 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
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Technology Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Nifty IT ETF Very High Risk | 0.2% | - | ₹201.83 Cr | 37.0% |
| Aditya Birla Sun Life Nifty IT ETF Very High Risk | 0.2% | - | ₹78.27 Cr | 36.7% |
| Axis NIFTY IT ETF Very High Risk | 0.2% | - | ₹138.54 Cr | 36.9% |
| ICICI Prudential Technology Regular Growth Very High Risk | 1.8% | 1.0% | ₹12671.14 Cr | 40.5% |
| Franklin India Technology Fund Regular Growth Very High Risk | 2.1% | 1.0% | ₹1610.63 Cr | 54.5% |
| Nippon India ETF Nifty IT Very High Risk | 0.2% | - | ₹2413.44 Cr | 36.9% |
| Aditya Birla Sun Life Digital India Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹4659.82 Cr | 37.8% |
| Tata Digital India Fund Regular Growth Very High Risk | 1.7% | 0.0% | ₹10204.35 Cr | 44.2% |
| Tata Digital India Fund Direct Growth Very High Risk | 0.4% | 0.0% | ₹10204.35 Cr | 46.2% |
| Franklin India Technology Fund Direct Growth Very High Risk | 1.1% | 1.0% | ₹1610.63 Cr | 56.1% |
Risk Level
Your principal amount will be at Very High Risk
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Still got questions?
We're here to help.
What is the current NAV of Edelweiss Technology Fund Direct Growth?
The NAV of Edelweiss Technology Fund Direct Growth, as of 24-Jul-2024, is ₹11.45.
What is the portfolio composition of Edelweiss Technology Fund Direct Growth?
The fund's allocation of assets is distributed as 97.16% in equities, 0.00% in bonds, and 2.84% in cash and cash equivalents.
Who manages the Edelweiss Technology Fund Direct Growth?
The fund managers responsible for Edelweiss Technology Fund Direct Growth are:-
- Sumanta Khan
- Amit Vora
- Trideep Bhattacharya
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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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.
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.