May 15, 2025
RA Jainee
Edelweiss Technology Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 11.3995
NAV IDCW: Rs 11.3995
Suitable For Which Investors?
This is a fund that invests mainly in shares of companies in the information technology sector.
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 provide long-term capital appreciation by investing predominantly in equity and equity-related securities of technology & technology-related companies.
Fund Manager:
1) Sumanta Khan
Education: Mr. Khan has done PGDM
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with Reliance Nippon Life Insurance, ICICI Prudential Pension Fund Management Ltd, ICICI Prudential Life Insurance Company Ltd, Morgan Stanley and Raymond India Ltd.
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.
3) Raj Koradia
Education: Mr. Koradia has done B.Com and CA
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with First Voyager Advisors, Optimum Infosystem Private Limited, Morgan Stanley and Edelweiss Securities
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 1% for redemption within 90 days |
Basic Details of Edelweiss Technology Fund
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 05-Mar-24 |
| Return Since Launch | 11.62% |
| Benchmark | BSE Teck TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 617 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.63% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 6.00% |
Trailing Returns (%) of Edelweiss Technology Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss Technology Dir | -8.18 | 1.34 | 14.60 | -1.67 | -5.12 | 16.45 | — | — | — | — |
| BSE IT TRI | -13.51 | 1.37 | 15.37 | -8.17 | -11.22 | 12.01 | — | — | — | — |
| Equity: Sectoral-Technology | -9.94 | 1.26 | 13.91 | -2.53 | -6.32 | 16.40 | — | — | — | — |
| Rank within category | 5 | 4 | 8 | 7 | 6 | 5 | — | — | — | — |
| Number of funds in category | 19 | 20 | 20 | 19 | 18 | 15 | 6 | 5 | 5 | 4 |
Peer Comparison of Edelweiss Technology Fund
| 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 Technology Dir | Unrated | 16.45 | — | — | 0.63 | 617 | 11.62 | 1.00 (90) | 1Y 2M | 6.00 |
| ICICI Pru Technology Dir | Unrated | 18.51 | 14.09 | 33.31 | 1.04 | 12,983 | 21.56 | 1.00 (15) | 12Y 4M | 46.00 |
| Tata Digital India Dir | Unrated | 16.13 | 15.75 | 31.57 | 0.46 | 11,037 | 19.82 | 0.25 (30) | 9Y 4M | 12.41 |
| ABSL Digital India Dir | Unrated | 14.22 | 14.39 | 29.80 | 0.86 | 4,540 | 20.77 | 1.00 (30) | 12Y 4M | 38.00 |
| SBI Technology Opportunities Dir | Unrated | 24.35 | 18.32 | 29.6 | 0.89 | 4,225 | 20.85 | 0.50 (15) | 12Y 4M | 30.00 |
Portfolio Analysis of Edelweiss Technology Fund
| No. of Stocks | 81 |
| Top 10 Stocks | 48.03% |
| Top 5 Stocks | 34.60% |
| Top 3 Sectors | 78.67% |
| Portfolio P/B Ratio | 7.15 |
| Portfolio P/E Ratio | 34.49 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 4,62,754 | 2,70,984 |
| Giant (%) | 60.75 | 57.04 |
| Large (%) | 20.07 | 22.32 |
| Mid (%) | 13.43 | 15.35 |
| Small (%) | 5.75 | 10.54 |
| Tiny (%) | — | 0.22 |
Chanakya’s Mutual Fund Guidance For Edelweiss Technology Fund
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