Edelweiss Europe Dynamic Equity Offshore Fund Dire...
NAV as of Aug 29, 2024
21.88-0.03%
- Growth - Direct
(Earn upto 0.83% Extra Returns with Direct Plan)
Fund Category:
Equity: International
Expense Ratio:
0.56%(0.73% Category
average)Fund Size:
Rs. 78.26 Cr(0.19% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Edelweiss Europe Dynamic Equity Offshore Fund Direct-Gro...
NAV as of Aug 29, 2024
21.88-0.03%
Expense Ratio:
0.56%
Fund Size:
Rs. 78.26 Cr
Fund Category:
Equity: International
1. Current NAV: The Current Net Asset Value of the Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan as of Aug 29, 2024 is Rs 21.88 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 24.35% (1yr), 9.06% (3yr), 14.68% (5yr) and 7.7% (since launch). Whereas, Category returns for the same time duration are: 20.39% (1yr), 4.57% (3yr) and 10.26% (5yr).
3. Fund Size: The Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan currently holds Assets under Management worth of Rs 78.26 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.56% for Direct plan as on Aug 10, 2024.
5. Exit Load: Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 90 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 3.79 2.99 12.32 22.03 9.51 14.10 Category Avg 2.09 4.83 9.12 18.01 4.76 10.14 Rank within Category 12 53 14 30 13 11 No. of funds within Category 69 69 69 68 49 33 - Loading...
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Return Comparison
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Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth Fund Details
Investment Objective - The scheme seeks to provide long term capital growth by investing predominantly in the JPMorgan Funds - Europe Dynamic Fund, an equity fund which invests primarily in an aggressively managed portfolio of European companies.
Fund House | Edelweiss Mutual Fund |
Launch Date | Feb 07, 2014 |
Benchmark | MSCI Europe Total Return Index |
Return Since Launch | 7.69% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | - |
Return Grade | - |
Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load Exit load of 1%, if redeemed within 90 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 1 | 1 | 1 | 1 | 1 | 1 |
Top 5 Company Holdings | 97.87% | 105.65% | 99.76% | 99.31% | 99.94% | 99.56% |
Top 10 Company Holdings | 97.87% | 105.65% | 99.76% | 99.31% | 99.94% | 99.56% |
Company with Highest Exposure | JP Morgan Funds - Europe Dynamic Fund (97.87%) | JP Morgan Funds - Europe Dynamic Fund (105.65%) | JP Morgan Funds - Europe Dynamic Fund (99.76%) | JP Morgan Funds - Europe Dynamic Fund (99.31%) | JP Morgan Funds - Europe Dynamic Fund (99.94%) | JP Morgan Funds - Europe Dynamic Fund (99.56%) |
Number of Sectors | - | - | - | - | - | - |
Top 3 Sector Holdings | - | - | - | - | - | - |
Top 5 Sector Holdings | - | - | - | - | - | - |
Sector with Highest Exposure | - | - | - | - | - | - |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) JP Morgan Funds - Europe Dynamic Fund Financial 97.87 - - -
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth 21.88 Unrated 78.26 3.79 22.03 9.51 14.10 Kotak International REIT FOF Direct - Growth 10.44 Unrated 59.85 8.78 12.63 0.79 - Nippon India Taiwan Equity Fund Direct - Growth 11.71 Unrated 364.34 8.65 26.96 - - DSP US Flexible Equity Direct Plan-Growth 59.94 Unrated 903.74 1.50 20.09 11.93 17.69 Edelweiss US Value Equity Offshore Fund Direct-Growth 33.59 Unrated 108.69 1.32 18.92 11.11 14.62
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
Low Volatality
16.60VS18.30Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
0.20VS0.02Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
8.87VS5.75Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Edelweiss Mutual Fund News
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Fund Manager
- B.J.Bhavesh JainSince Sep 201922 schemes
- B.L.Bharat LahotiSince Oct 202116 schemes
Mr. Jain is a MMS (Finance) from Mumbai University. Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
More Edelweiss Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Edelweiss Balanced Advantage Fund Direct-Growth | 10,622.55 | 1.68 | 7.33 | 11.94 | 26.51 | 13.81 | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct - Growth | 10,062.74 | 0.71 | 2.11 | 3.66 | 7.94 | - | |
Edelweiss Arbitrage Fund Direct-Growth | 8,768.07 | 0.71 | 2.38 | 4.14 | 8.39 | 6.30 | |
Edelweiss Liquid Direct-Growth | 7,329.77 | 0.62 | 1.87 | 3.63 | 7.33 | 5.44 | |
BHARAT Bond FOF - April 2030 Direct - Growth | 6,824.72 | 0.55 | 2.65 | 3.94 | 8.55 | 6.65 | |
Edelweiss Mid Cap Direct Plan-Growth | 5,066.57 | 0.39 | 8.86 | 19.31 | 50.68 | 25.86 | |
BHARAT Bond FOF - April 2025 Direct - Growth | 4,909.69 | 0.70 | 1.90 | 3.40 | 7.59 | 5.45 | |
BHARAT Bond FOF - April 2031 Direct - Growth | 4,518.30 | 0.42 | 2.67 | 3.94 | 8.67 | 6.40 | |
BHARAT Bond ETF FOF - April 2032 Direct - Growth | 4,320.82 | 0.44 | 2.84 | 4.28 | 8.38 | - | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct - Growth | 3,266.73 | 0.76 | 2.34 | 3.78 | 8.12 | - |
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1. Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan is Open-ended International Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Feb 07, 2014.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide long term capital growth by investing predominantly in the JPMorgan Funds - Europe Dynamic Fund, an equity fund which invests primarily in an aggressively managed portfolio of European companies. "
2. It is benchmarked against MSCI Europe Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 97.87% in equities, 2.31% in debts and -0.18% in cash & cash equivalents.
2. The top holding of the fund is JP Morgan Funds - Europe Dynamic Fund which constitute around 97.87% of the assets.
Tax Implications on Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Edelweiss Europe Dynamic Equity Offshore Fund Direct-Growth
- Is it safe to invest in Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan comes under Very High risk category.
- What is the category of Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan?Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan belongs to the Equity : International category of funds.
- How Long should I Invest in Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan?The suggested investment horizon of investing into Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan?The Edelweiss Europe Dynamic Equity Offshore Fund - Direct Plan is managed by Bhavesh Jain (Since Sep 27, 2019) and Bharat Lahoti (Since Oct 01, 2021).
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