Fincash » Mutual Funds » Edelweiss Economic Resurgence Fund Direct
Table of Contents The investment objective of the Scheme is to generate long-term capital appreciation from a diversi?ed portfolio that predominantly invests in equity and equity-related securities of companies across various market capitalisation.
However, there can be no assurance that the investment objective of the Scheme will be realised. Edelweiss Economic Resurgence Fund - Direct is a Equity - Multi Cap fund launched on 3 Feb 15. It is a fund with High risk and has given a Below is the key information for Edelweiss Economic Resurgence Fund - Direct Returns up to 1 year are on Historical performance (Yearly) on absolute basis Edelweiss Economic Resurgence Fund - Direct - G
Scheme Objective
CAGR
return of 15.2% since its launch. Return for 2023 was 31.4% , 2022 was 2.4% and 2021 was 37.1% . NAV as on 19 Apr 24 ₹36.656 ↑ 0.09 (0.25 %) Net Assets (AUM) as on 31 Mar 2024 ₹1,690 Cr. Launch Date 3 Feb 2015 Category Equity - Multi Cap Rating Type Open Ended Fund Risk High AMC Edelweiss Asset Management Limited Alpha Ratio 1.51 Expense Ratio 0.53 % Sharpe Ratio 2.739 Information Ratio 0.55 Benchmark Not Available Min Investment Min SIP Investment Exit Load 0-12 Months (1%),12 Months and above(NIL)
Purchase not allowedNAV Price Chart
Returns
Annual Compounded Returns
absolute basis
& more than 1 year are on CAGR (Compound Annual Growth Rate)
basis. as on 19 Apr 24 Duration Returns 1 Month 5.2% 3 Month 6.2% 6 Month 22.6% 1 Year 43.3% 3 Year 23% 5 Year 19.2% 10 Year 15 Year Since launch 15.2% Historical Annual Returns
Year Returns 2023 31.4% 2022 2.4% 2021 37.1% 2020 16.4% 2019 10.3% 2018 -3.6% 2017 47.9% 2016 1.2% 2015 Growth of 10k Over Years
Date Value 31 Mar 19 ₹10,000 31 Mar 20 ₹7,702 31 Mar 21 ₹13,292 31 Mar 22 ₹16,452 31 Mar 23 ₹16,689 31 Mar 24 ₹23,795 Asset Allocation
Asset Class Value Cash 1.59% Equity 98.41% Sector Allocation
Sector Value Financial Services 26.63% Industrials 17.24% Consumer Cyclical 14.79% Technology 13.13% Energy 6.56% Basic Materials 5.4% Health Care 4.47% Utility 4.15% Consumer Defensive 3.91% Real Estate 1.64% Communication Services 0.52% Top Securities Holdings / Portfolio
Holdings/Securities
Name Global Industry Holding Value Quantity HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | HDFCBANKBanks - Regional 6% ₹98 Cr 696,011 ICICI Bank Ltd (Financial Services)
Equity, Since 28 Feb 15 | ICICIBANKBanks - Regional 5% ₹88 Cr 838,640 Larsen & Toubro Ltd (Industrials)
Equity, Since 28 Feb 15 | LTEngineering & Construction 5% ₹87 Cr 248,743 Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 17 | RELIANCEOil & Gas Refining & Marketing 4% ₹67 Cr 230,044 Bajaj Auto Ltd (Consumer Cyclical)
Equity, Since 31 Jul 23 | 532977Auto Manufacturers 3% ₹46 Cr 58,772 NTPC Ltd (Utilities)
Equity, Since 31 Oct 22 | 532555Utilities - Regulated Electric 3% ₹41 Cr 1,234,749
↑ 266,771 Coal India Ltd (Energy)
Equity, Since 30 Sep 23 | COALINDIAThermal Coal 2% ₹41 Cr 929,009 State Bank of India (Financial Services)
Equity, Since 31 Aug 18 | SBINBanks - Regional 2% ₹40 Cr 530,151 Persistent Systems Ltd (Technology)
Equity, Since 30 Nov 22 | PERSISTENTInformation Technology Services 2% ₹39 Cr 45,679 UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCOBuilding Materials 2% ₹39 Cr 39,455
Talk to our investment specialistFund Managers
Name Since Tenure Ashwani Agarwalla 15 Jun 22 1.8 Yr. Trideep Bhattacharya 1 Oct 21 2.5 Yr. Custodians
Company Address Standard Chartered Bank Standard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA Registrar & Transfer Agent
KFin Technologies Ltd Address KFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar, FAX 91-40-23311968 Email mailmanager@karvy.com Administrator Companies
Company Address Edelweiss Mutual Fund Edelweiss House, Off. C.S.T Road, Kalina, Mumbai 400 098 Auditors
Company Address S. R. BATLIBOI & Co Express Tower, 6th Floor,Nariman Point,Mumbai M/s. Price Waterhouse India,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar, All Plan & Options
Fund and Plan NAV 6 Month 1 Year 3 Year 5 Year Edelweiss Economic Resurgence Fund - Direct
Growth ₹36.656
↑ 0.09 22.64 % 43.29 % 23 % 19.19 % Edelweiss Economic Resurgence Fund - Direct
Normal Dividend, Payout ₹30.095
↑ 0.08 22.64 % 43.29 % 23.01 % 19.2 % Edelweiss Economic Resurgence Fund - Direct
Normal Dividend, Reinvestment ₹30.095
↑ 0.08 22.64 % 43.29 % 23.01 % 19.2 % Data as on 19 Apr 24