March 8, 2024
mayank
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 17.3011
NAV IDCW: Rs 17.3011
Suitable For Which Investors?
This is a fund that invests mainly in shares of pharmaceutical and healthcare companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to invest in stocks comprising of the MSCI India Domestic & World Healthcare 45 Index with the objective to provide investment returns that, before expenses, closely corresponds to the returns equivalent to the index, subject to tracking errors.
Fund Manager:
1) Bhavesh Jain
Education: Mr. Jain is a MMS (Finance) from Mumbai University.
Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 1 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Edelweiss MSCI India Domestic & World Healthcare 45 Index
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 26-Oct-20 |
| Return Since Launch | 17.71% |
| Benchmark | MSCI India Domestic & World HC 45 Index |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 145 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.49% |
| (As on 31-Jan-2024) | |
| Risk Grade | Average |
| Return Grade | Below Average |
| Turnover | — |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss MSCI India Domestic & World Healthcare 45 Dir | 10.32 | 0.61 | 0.64 | 14.43 | 19.24 | 47.34 | 17.44 | — | — | — |
| S&P BSE Healthcare TRI* | 10.79 | 0.22 | 0.41 | 14.56 | 23.3 | 60.92 | 18.78 | — | — | — |
| Equity: Sectoral-Pharma* | 10.31 | 0.24 | 0.68 | 14.36 | 23.57 | 58.59 | 19.88 | — | — | — |
Peer Comparison
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Edelweiss MSCI India Domestic & World Healthcare 45 Dir | 2 star | 47.34 | 17.44 | — | 0.49 | 145 | 17.71 | — | 3Y 4M | — |
| Nippon India Nifty Pharma ETF | Unrated | 62.98 | — | — | 0.21 | 578 | 11.62 | — | 2Y 8M | 21.00 |
| Nippon India Pharma Dir | 4 star | 60.13 | 21.05 | 24.65 | 0.97 | 6,891 | 18.61 | 1.00 (30) | 11Y 2M | 16.00 |
| ICICI Pru Pharma Healthcare and Diagnostics Dir | 5 star | 64.49 | 21.33 | 26.18 | 1.05 | 3,567 | 22.96 | 1.00 (15) | 5Y 7M | 70.00 |
| SBI Healthcare Opportunities Dir | 5 star | 58.30 | 21.49 | 24.99 | 0.98 | 2,431 | 17.94 | 0.50 (15) | 11Y 2M | 50.00 |
Portfolio Analysis of Edelweiss MSCI India Domestic & World Healthcare 45 Index
| No. of Stocks | 44 |
| Top 10 Stocks | 55.43% |
| Top 5 Stocks | 40.23% |
| Top 3 Sectors | 99.89% |
| Portfolio P/B Ratio | 115.89 |
| Portfolio P/E Ratio | 895.46 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,10,877 | 72,435 |
| Giant (%) | 42.80 | 19.71 |
| Large (%) | 39.73 | 48.30 |
| Mid (%) | 17.47 | 24.90 |
| Small (%) | — | 9.80 |
| Tiny (%) | — | 2.00 |
How to Invest in Edelweiss MSCI India Domestic & World Healthcare 45 Index?
Chanakya’s Mutual Fund Guidance For Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.
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Quicklinks
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