December 24, 2025
RA Jainee
Edelweiss Financial Services Fund Direct-Growth
Edelweiss Financial Services Fund Direct-Growth snapshot
| NFO opens on | 27 January 2026 |
| NFO Closes on | 10 February 2026 |
| Min. Investment | Rs. 100 |
| Plans | Growth, IDCW |
| Sahifund Verdict | Edelweiss Financial Services Fund is a sectoral equity fund focused exclusively on banking and financial services companies. The fund offers exposure to market leaders like HDFC Bank, ICICI Bank and SBI, aligned with the NIFTY Financial Services TRI. While the sector enjoys long-term structural tailwinds, the fund carries Very High risk due to single-sector concentration. Best suited only for investors with strong conviction in the financials theme. |
⏱️ Last Update: 25 December 2025, 10.00 AM
Table of Contents:
1. NFO Open date, Close date
2. NFO Investment Strategy
3. Basic Details NFO
4. Benchmark Index NFO
5. Fund Manager | Performance Review of Fund Manager
6. Should You Invest in this NFO?
7. Invest Online
What is the Edelweiss Financial Services Fund Direct-Growth Open Date, Close Date?
NFO opens on January 27, 2026
NFO will close on February 10, 2026
Investment Strategy for this NFO?
The scheme seeks to generate long-term capital appreciation by investing predominantly in equity and equity related securities with a focus on companies engaged in financial services sectors.
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Issue Open | 27 January 2026 |
| Issue Close | 10 February 2026 |
| Type | Open-ended |
| Category | Equity: Sectoral-Banking |
| Min. Investment(₹) | 100 |
| Plans | Growth, IDCW |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 90 days |
| Riskometer | Very High |
| Benchmark | NIFTY Financial Services TRI |
About Benchmark Index for this NFO?
The Nifty Financial Services Index is designed to reflect the behaviour and performance of the Indian financial market which includes banks, financial institutions, housing finance, insurance companies and other financial services companies. The Nifty Finance Index comprises of 20 stocks that are listed on the National Stock Exchange (NSE).
Nifty Financial Services Index is computed using free float market capitalization method, wherein the level of the index reflects the total free float market value of all the stocks in the index relative to particular base market capitalization value.
Nifty Financial Services Index can be used for a variety of purposes such as benchmarking fund portfolios, launching of index funds, ETFs and structured products.
Index Variant: Nifty Financial Services Total Returns Index.
Portfolio Characteristics
| Methodology | Periodic Capped Free Float |
| No. of Constituents | 20 |
| Launch Date | September 07, 2011 |
| Base Date | January 01, 2004 |
| Base Value | 1000 |
| Calculation Frequency | Real-Time |
| Index Rebalancing | Semi-Annually |
Fund Managers of Edelweiss Financial Services Fund Direct-Growth
1) Ashwani Kumar Agarwalla
Education: Mr. Agarwalla is a B. Com (H), MBA Finance & CFA
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with Baroda AMC, JM Financial Mutual Fund, Pioneer Investcorp Ltd, Adventity India and CARE Ratings.
2) Trideep Bhattacharya
Education: Mr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance)
Experience: Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.
AMC
Edelweiss Asset Management Ltd.
Address: Edelweiss House Off C.S.T. Road, Kalina Mumbai – 400098
Website: http://www.edelweissmf.com
Registrar & Transfer Agent
KFin Technologies Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad – 500016
Website: https://mfs.kfintech.com/mfs/
Review for Edelweiss Financial Services Fund Direct-Growth @ sahifund.com by Paresh Gordhandas, C.A. & Research Analyst
[ A ] Benchmark Performance of NIFTY Financial Services TRI
Performance
| Index Returns (%)# | QTD | YTD | 1 Year | 5 Years | Since Inception |
| Price Return | 7.18 | 18.62 | 16.16 | 14.30 | 16.39 |
| Total Return | 7.22 | 19.79 | 17.31 | 15.30 | 17.66 |
| Statistics ## | 1 Year | 5 Years | Since Inception |
| Std. Deviation * | 13.66 | 17.49 | 27.06 |
| Beta (NIFTY 50) | 1.00 | 1.11 | 1.15 |
| Correlation (NIFTY 50) | 0.88 | 0.89 | 0.90 |
Fundamentals
| P/E | P/B | Dividend Yield |
| 18.2 | 2.91 | 0.93 |
Top constituents by weightage
| Company’s Name | Weight(%) |
| HDFC Bank Ltd. | 31.76 |
| ICICI Bank Ltd. | 20.46 |
| State Bank of India | 8.38 |
| Axis Bank Ltd. | 7.56 |
| Kotak Mahindra Bank Ltd. | 6.45 |
| Bajaj Finance Ltd. | 5.70 |
| Bajaj Finserv Ltd. | 2.47 |
| Shriram Finance Ltd. | 2.46 |
| BSE Ltd. | 2.45 |
| Jio Financial Services Ltd. | 2.07 |
Past Performance of Ashwani Kumar Agarwalla
| Fund | Edelweiss ELSS Tax Saver Fund | It’s Benchmark | Edelweiss Flexi Cap Fund | It’s Benchmark |
| 1 Year | 6.42 | 7.59 | 4.89 | 7.59 |
| 3 Year | 18.31 | 17.46 | 20.30 | 17.46 |
| 5 Year | 16.74 | 17.43 | 18.87 | 17.43 |
| 7 Year | 14.91 | 16.04 | 16.36 | 16.04 |
| 10 Year | 12.60 | 14.96 | 15.14 | 14.96 |
As on 24-12-2025
Past Performance of Trideep Bhattacharya
| Fund | Edelweiss Large & Mid Cap Fund | It’s Benchmark | Edelweiss Mid Cap Fund | It’s Benchmark |
| 1 Year | 4.38 | 8.76 | 4.54 | 4.44 |
| 3 Year | 19.92 | 16.80 | 27.48 | 25.00 |
| 5 Year | 19.03 | 17.45 | 25.62 | 24.15 |
| 7 Year | 17.30 | 15.53 | 22.35 | 20.59 |
| 10 Year | 15.19 | 14.69 | 18.44 | 18.11 |
As on 24-12-2025
[B] Review of Fund Managers
Ashwani Kumar Agarwalla
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Background: Mr. Agarwalla is a B. Com (H), MBA Finance & CFA, Prior to joining Edelweiss Mutual Fund, he has worked with Baroda AMC, JM Financial Mutual Fund, Pioneer Investcorp Ltd, Adventity India and CARE Ratings.
Trideep Bhattacharya
-
Background: Mr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance), Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.
Edelweiss Financial Services Fund – Detailed Review
Edelweiss Financial Services Fund is an open-ended sectoral fund aiming to generate long-term capital appreciation by investing predominantly in equities of banks, NBFCs, insurance and other financial services companies. The scheme is benchmarked to the NIFTY Financial Services TRI, which comprises 20 large financial sector stocks and has delivered ~15% CAGR over the last five years.
The portfolio is highly concentrated, with the top two stocks—HDFC Bank and ICICI Bank—accounting for over 50% of index weight, which can magnify both upside and downside.
Valuations of the sector remain reasonable (P/E ~18x) compared to broader markets, supported by improving asset quality and credit growth.
The fund is managed by Ashwani Kumar Agarwalla and Trideep Bhattacharya, both seasoned managers with solid long-term track records across Edelweiss equity funds.
However, being a pure sector fund, returns will be cyclical and dependent on interest rate trends, regulatory changes and credit cycles.
Sahifund Verdict:
Not suitable as a core holding; can be considered only as a satellite allocation by high-risk investors.
Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
Is it good to invest in Edelweiss Financial Services Fund Direct-Growth NFO?
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