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Edelweiss Focused Fund - Direct Plan Growth | Investment Objective, Returns, NAV

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Comprehensive overview of Edelweiss Focused Fund - Direct Plan Growth. Know about investment objective, fund managers, AUM, expense ratio, and minimum SIP amount. Read expert analysis before investing.

Investment Objective and Approach

The investment objective of the fund is to generate long term capital appreciation by investing in equity and equity related instruments of up to 30 companies across market capitalisation. The fund focuses specifically in multi-cap space, allowing fund managers complete freedom to invest across large-cap, mid-cap, and small-cap companies based on where they expect maximum gains.

The scheme aims to create potential wealth for investors via investment in a targeted high-conviction portfolio of securities of superior quality. The fund aims to create potential wealth for investors via investment in companies that are robust in their fundamental variables and have a possible competitive edge over other companies.

The fund follows a focused investment approach by concentrating on a small set of high-conviction stocks, typically limiting its holdings to 30 companies. This concentrated strategy allows fund managers to carefully select companies with strong fundamentals and competitive advantages, focusing on quality over quantity.

The fund's performance is primarily benchmarked against the NIFTY 500 TRI with NIFTY 50 TRI serving as an additional benchmark.

Fund Managers

The fund is managed by a team of experienced professionals:

Trideep Bhattacharya (Chief Investment Officer - Equities): Mr. Trideep Bhattacharya has over 14 years' experience as a Portfolio Manager and Research Analyst. Prior to joining Edelweiss, he has worked as Senior Portfolio Manager - Alternate Equities with Axis Asset Management Company Limited, Head of Research with Motilal Oswal Securities Limited and Portfolio Manager with State Street Global Advisors and UBS Global Asset Management Limited. He has a B.tech. in Electrical Engineering from IIT Kharagpur and an MBA in Finance from S.P.Jain Institute of Management and Research, alongside a CFA degree.

Amit Vora: A seasoned fund manager who serves as the Head of Dealing and Fund Manager for overseas investments at Edelweiss.

Sumanta Khan: Mr. Sumanta Khan, aged 44 years, has a degree of Post Management Diploma in Management from IIM Indore and B.Tech from University of Calcutta. He has over 18 years' of experience in Equity Markets. He got associated with Edelweiss in March 2024.

Raj Koradia: Part of the fund management team contributing to the investment decisions and portfolio construction.

The team is focused on picking quality companies and holds them for a long duration to generate good compounding returns in their funds.

About the Fund House (AMC)

Edelweiss Asset Management Limited is sponsored and managed by Edelweiss Financial Services Limited, an Indian conglomerate operating in the financial services sector of the country since 1996. The company started as a tailored investment bank, specialising in mergers & acquisitions, private equity syndication and similar advisory services.

It got the license to deal in mutual funds in 2008, amongst the global economic slowdown. Despite the odds stacked against them, they set up Edelweiss Asset Management Ltd. (EAML) and launched mutual funds in a market that was showing no signs of picking up.

Key Achievements:

- This year, Edelweiss AMC crossed the milestone of Rs.1 lakh crore AUM, representing a growth of 27% in FY23, which is well ahead of the industry's 5% growth.

- This makes them the fastest-growing AMC among the top 15 players in the industry, ranked 12th at the end of FY23.

- Their retail folios closed at 11.7 lakh, reflecting a remarkable 20% YoY increase, in a period where industry folios grew at 13%.

Innovation Focus: Unlike traditional AMCs, EAML relies on innovation and an unconventional approach to investing. As a result, EAML is considered one of the most tech-friendly investment houses in the country, arguably the only one that focuses extensively on the digital experience of their clients.

Investment Team: They now represent a team of over 22 investment professionals with a collective experience of more than 150 years. This year, they continued to add to this capacity, particularly strengthening their long-only investment team with senior analysts and a dedicated analyst focusing on ESG and forensic analysis.

Should I Invest in Edelweiss Focused Fund?

Suitable For:

- Investors with high risk tolerance seeking long-term capital appreciation

- Those looking for a concentrated portfolio approach with high-conviction bets

- Investors who prefer active fund management over passive investing

- Long-term investors with an investment horizon of at least 5 years

Key Considerations:

- The fund has a "Very High" risk level on the risk-o-meter

- Do not invest in this fund if you need to redeem your investment in less than five years

- Like for all equity funds, you must invest only through the SIP route

Investment Parameters (as of December 12, 2024):

- Minimum SIP amount: ₹100

- Minimum lumpsum investment: ₹100

- Fund AUM: ₹916.89 crores as of December 12, 2024

- Direct plan expense ratio: 0.65%

Recent Performance:

- The fund has delivered absolute returns of 35.10% in the past 1 year

- Since launch returns: 70.88%

FAQs

What is today's NAV of Edelweiss Focused Fund?

The current NAV of Edelweiss Focused Fund is ₹17.7380 as of December 12, 2024. NAV changes daily based on market movements.

What is the AUM of Edelweiss Focused Fund?

The latest AUM of Edelweiss Focused Fund is ₹916.89 crores as of December 12, 2024.

What is the expense ratio of Edelweiss Focused Fund?

The expense ratio of Edelweiss Focused Fund Direct Plan is 0.65%. Regular plans have higher expense ratios due to distributor commissions.

What are the returns of Edelweiss Focused Fund since inception?

The fund has delivered returns of 70.88% since scheme launch. The fund was launched on August 1, 2022.

What is the minimum SIP amount to invest in Edelweiss Focused Fund?

The minimum SIP amount is ₹100 and minimum lumpsum investment is ₹100.

How do I invest in Edelweiss Focused Fund?

You can invest through Allvest platform by completing your KYC, selecting the fund, choosing SIP or lumpsum option, and making payment through UPI, net banking, or debit card.

How to start a SIP in Edelweiss Focused Fund?

Log into Allvest app, navigate to mutual funds section, select Edelweiss Focused Fund, choose SIP option, set amount and date, then complete the payment process.

How do I automate an SIP in Edelweiss Focused Fund?

After setting up your first SIP through Allvest, enable auto-debit from your bank account. The SIP will automatically deduct the specified amount on your chosen date each month.

How can I withdraw/redeem my investment in Edelweiss Focused Fund?

If you have invested through Allvest, just log into the app, go to the investment section, and place your redemption request. Funds typically reflect in 3-4 working days.