Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan
|
Very High
|
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0.51 |
|||
Very High
|
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0.21 |
||||
Very High
|
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1.07 |
||||
Very High
|
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0.94 |
||||
Very High
|
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0.79 |
₹148 Cr
--
100
1
100
6
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.
Suitability
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. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other pharma sector fund, if you need to redeem your investment in less than seven years.
Capital Gains Taxation
Dividend Taxation
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan is mandated to invest at least 80 per cent of its assets in the shares of pharmaceutical and healthcare companies. Being passively managed, it replicates the portfolio of its chosen benchmark index.
Mutual funds can be bought directly from the website of the fund house. For instance, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan fund can be purchased from the website of Edelweiss Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan is ₹19.7050 as of 14-Aug-2024.
The AUM of Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan Fund is ₹148 Cr as of 31-Jul-2024
The riskometer level of Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan is Very High. See More
Company | Percentage of Portfolio |
---|---|
13.67
|
|
6.71
|
|
6.53
|
|
5.94
|
|
5.51
|
As of 31-Jul-2024, Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan had invested 99.79% in Equity, 0.14% in Cash & Cash Eq. and 0.07% in Debt See More
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan is 3 years 9 months old. It has delivered 19.54% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
36.12%
|
15.51%
|
--
|
--
|
--
|
19.54%
|
No, There is no lock in period in Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan.
The expense ratio of Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Direct Plan is 0.51.