Download The Edelweiss AMC Passive Equity Deck For June 2023. Explore The Presentation To Gain Insights Into Passive Equity Investment Strategies, Market Trends, And Investment Opportunities.
2. Searching a right fund isn’t easy
Selecting a right mutual fund to invest is a lengthy process
Which
category?
Which
scheme?
Review &
tracking
Which
category?
Which
scheme?
Review &
tracking
Large cap fund?
Mid cap fund?
Small cap fund?
Flexi cap fund?
Multicap fund?
31 Large cap
funds
28 Mid cap funds
27 Large & Mid
cap funds
34 Flexi cap
funds
23 Small cap
Funds
Total 140+
schemes to
select from
Review allocation
between large, mid
and smallcap
Track performance
against
benchmarks and
peers
Review
underperforming
schemes
Track costs
01 02 03
3. Best and Worst performers are unpredictable
Source: ACE MF. Data as on 31st Dec 2022. Returns more than 1 Year are represented as CAGR. Past performance may or may not be sustained in future.
High divergence between best and worst performing fund increases the risk of going wrong while selecting a fund
3
Large-cap funds
Large & Mid-cap
funds
Mid-cap funds Flexi-cap funds Small-cap funds
1 Year
3 Year
5 Year
11.33%
-5.66%
16.29%
9.23%
13.05%
7.11%
12.99%
12.98%
11.33%
14.49%
13.48%
5.66%
17.13%
-5.33%
35.72%
14.68%
19.08%
5.85%
18.29%
13.42%
37.26%
7.26%
17.64%
4.17%
9.50%
-6.46%
53.34%
19.25%
23.11%
3.02%
Best Performing Fund Worst Performing Fund
4. As winners keep changing
Source: ACE MF. Ranks within entire peer group of Flexicap funds are considered based on CY Returns.
Each active fund has a different style and philosophy
Stock and sector exposures in each active fund can
be skewed based on Fund Manager’s view and
conviction
This leads to huge diversion in performance within
active funds compared to their benchmark and peers
in the short run
Most investors fail to tide over such diversion and
short-term underperformance in active funds leading
to churn and constant switching between funds
Year 2016 2017 2018 2019 2020 2021 2022
Fund A 1 13 8 11 9 16 10
Fund B 2 6 11 2 15 11 3
Fund C 3 12 4 5 14 17 5
Fund D 4 3 15 13 17 20 15
Fund E 5 2 19 20 1 1 2
Fund F 6 10 6 15 20 7 1
Fund G 7 9 12 9 13 15 7
Fund H 8 4 20 17 10 10 17
Fund I 9 16 9 19 11 4 4
Fund J 10 5 13 1 7 13 16
YoY ranks of top 10 Flexicap funds since 2016
5. Index funds can solve these problems
If you don’t know what to buy, buy the market
Index Funds are simple
solution to choose
Consistent investing
rule and well
diversified portfolios
Requires much lower
time and efforts to track
and review
Adds good performers
and eliminates bad
performers on every
rebalance
Ideal for investors who
don’t have
advisors/distributors
by their side
Since index funds hold
entire market and
represent collective
market intelligence, they
usually perform above
average
6. Investors are preferring passives
Source: ACE MF, All domestic equity ETFs and Index Funds are included. Data as on 31st Dec 2022.
5,549
91,037
1,72,056
3,17,282
-
50,000
1,00,000
1,50,000
2,00,000
2,50,000
3,00,000
3,50,000
4,00,000
4,50,000
5,00,000
Jan-13
May-13
Aug-13
Nov-13
Mar-14
Jun-14
Sep-14
Jan-15
Apr-15
Jul-15
Oct-15
Feb-16
May-16
Aug-16
Dec-16
Mar-17
Jun-17
Sep-17
Jan-18
Apr-18
Jul-18
Nov-18
Feb-19
May-19
Aug-19
Dec-19
Mar-20
Jun-20
Oct-20
Jan-21
Apr-21
Jul-21
Nov-21
Feb-22
May-22
Sep-22
Dec-22
Big growth in Equity Passive Funds AUM
Rs 4,18,933 Crore
Year End AUM (Rs Cr.) Y-o-Y Growth (%)
Dec’18 91,037 ↓
Dec’19 1,51,709 67%
Dec’20 2,14,700 40%
Dec’21 3,24,715 51%
Dec’22 4,18,933 29%
7. “Unless an investor has access to ‘incredibly high-qualified professionals,’ they
should be 100 percent passive — that includes almost all individual investors
and most institutional investors.”
— David F. Swensen
“Most individual investors would be better off in an index mutual fund.”
— Peter Lynch
9. Equity Passive Index Funds
Equity
Index
Funds
Market cap
based funds
Factor
based
funds
Thematic
Funds
Pure play index fund mirroring the index without
any filters.
Mirror an index but uses stocks filters like
momentum score, value, quality, low volatility,
and excess return or alpha as additional factors
to create a portfolio.
Funds that are focused on specific themes or
trends, such as clean energy or technology.
10. Our basket of offerings
Large cap
Top 100
stocks
Midcap
101 to 250th
stock
Smallcap
251st and
beyond
Edelweiss Nifty
50 Index Fund
Edelweiss Nifty
Next 50 Index Fund
Edelweiss Nifty Small-cap 250
Index fund
Edelweiss
Nifty Large
Midcap 250
Index Fund
Edelweiss Nifty
100 Quality 30
Index Fund
Edelweiss Nifty
Midcap 150
Momentum 50
Index Fund
Edelweiss MSCI India
Domestic & World
Healthcare 45 Index Fund
Thematic
Factor Based
Marketcap Based
13. About Edelweiss Nifty 50 Index Fund
The fund will aim to replicate the constituents of Nifty 50 Index
Index
Methodology
Stocks Selection:
50 companies from NIFTY 100 are selected spread across 13 industries
Weight Assignment:
Weights are assigned based on companies free-float market-cap
Cumulative weight to Non-F&O stocks capped at 15%
Rebalancing:
Index is re-balanced on semi-annual basis. The cut-off date is January 31
and July 31 of each year
14. Companies that lead the evolution…
Source: NSE, Data as on 31st Dec 2022. Stocks mentioned are meant for illustrative purposes only and should not be considered as investment advice.
Company Mar-96 Company Dec-05 Company Dec-15 Company Dec-20 Company Dec-22
SBI 7.60% ONGC 12.40% Infosys 7.80% Reliance Ind 10.70% Reliance Ind 10.98%
HUL 7.00% Reliance Ind 9.20% HDFC Bank 7.50% HDFC Bank 10.40% HDFC Bank 8.96%
Tata Motors 7.00% Infosys 6.10% HDFC 7.00% HDFC 7.60% ICICI Bank 7.76%
Reliance Ind 6.50% TCS 6.10% ITC 6.50% Infosys 7.60% Infosys 6.90%
Tata Steel 4.60% Wipro 4.90% Reliance Ind 5.90% ICICI Bank 6.10% HDFC 5.94%
Bajaj Holdings 4.40% Bharti Airtel 4.80% ICICI Bank 5.40% TCS 5.00% TCS 4.17%
L & T 3.80% ITC 4.00% TCS 4.40% Kotak M Bank 4.90% ITC 3.65%
ITC 3.80% ICICI Bank 3.80% L & T 3.70% HUL 3.60% Kotak M Bank 3.31%
Hindalco Ind 3.70% SBI 3.50% Sun Pharma 3.20% ITC 3.00% Axis Bank 3.16%
IDBI Bank 3.70% HUL 3.20% Tata Motors 2.70% Bharti Airtel 2.00% L & T 3.15%
Top 10 NIFTY 50 stocks over time
15. Trailing Performance
Source: ACE MF. Data as of 31st May 23. Past performance may or may not be sustained in future. Returns >1 Year are CAGR. Index returns are net of 0.51% expense.
Period Nifty 50 TRI Category Average Largecap Funds
1 Year 12.43% 12.05%
3 Years 25.56% 23.03%
5 Years 12.38% 10.21%
7 Years 13.34% 11.41%
10 Years 12.82% 12.66%
15 Years 10.12% 10.88%
16. Rolling Performance
Source: ACE MF, Data as on 31st May 2023. Past performance may or may not be sustained in future. Index returns are net of 0.51% expense.
5-Year Rolling Returns Nifty 50 TRI Cat Avg Largecap Funds
Min -2% -2%
Max 24% 28%
Average 11% 12%
Less than 0% 1% 0%
Between 0-7% 19% 13%
Between 7-15% 63% 63%
More than 15% 17% 25%
3-Year Rolling Returns Nifty 50 TRI Cat Avg Largecap Funds
Min -6% -7%
Max 41% 44%
Average 11% 12%
Less than 0% 3% 4%
Between 0-7% 24% 18%
Between 7-15% 48% 46%
More than 15% 25% 31%
-20%
-10%
0%
10%
20%
30%
40%
50%
Apr-08
Jan-09
Nov-09
Aug-10
Jun-11
Mar-12
Jan-13
Oct-13
Aug-14
May-15
Mar-16
Dec-16
Oct-17
Jul-18
May-19
Feb-20
Dec-20
Sep-21
Jul-22
May-23
3-Year Rolling Returns
NIFTY 50 - TRI Category Avg Largecap Funds
-5%
0%
5%
10%
15%
20%
25%
30%
Apr-10
Dec-10
Sep-11
Jun-12
Feb-13
Nov-13
Aug-14
May-15
Jan-16
Oct-16
Jul-17
Apr-18
Dec-18
Sep-19
Jun-20
Mar-21
Nov-21
Aug-22
May-23
5-Year Rolling Returns
NIFTY 50 - TRI Category Avg Largecap Funds
17. A right solution for long term SIP
Source: ACE MF, Data as 31st May 2023. Past performance may or may not sustain in future. For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month.
A simple fund for core SIP allocation
It’s easy to set-up an SIP in index fund
Earn market returns- no need to review and track
Performs better than other broad indices
Period
Total Amount Invested
(Rs.)
Nifty 50 TRI Category Average Largecap Funds
Present Value (Rs.) XIRR (%) Present Value (Rs.) XIRR (%)
15 Years 18,00,000 51,28,645 12.87% 48,08,572 12.12%
10 Years 12,00,000 24,03,263 13.32% 21,82,814 11.51%
7 Years 8,40,000 13,83,407 14.01% 12,61,136 11.42%
5 Years 6,00,000 8,71,167 14.92% 8,22,792 12.60%
3 Years 3,60,000 4,47,640 14.70% 4,34,676 12.66%
1 Year 1,20,000 1,28,194 12.96% 1,27,572 11.96%
19. About Edelweiss Nifty Next 50 Index Fund
Source: NSE
The fund will aim to replicate the constituents of Nifty Next 50 Index
Stocks Selection:
50 companies from NIFTY 100 are selected after excluding the constituents
of NIFTY 50.
Weight Assignment:
Weights are assigned based on companies free-float market-cap
Cumulative weight to Non-F&O stocks capped at 15%
Rebalancing:
Index is re-balanced on semi-annual basis. The cut-off date is January 31
and July 31 of each year
Index
Methodology
20. Incubator of Nifty 50
Source: NSE, The stocks/sectors mentioned above are used to explain the concept and is for illustration purpose only and should note be construed as an investment advice.
The stocks mentioned above may or may not be part of our portfolio/strategy/ schemes.
Whenever new companies graduate to Nifty 50, they are usually selected from the Nifty Next 50
In the last 20 years, 44 stocks have moved from Nifty Next 50 to Nifty 50 which is also why Nifty Next 50 is generally referred as a basket of
‘tomorrow’s blue-chip companies.’
21. Trailing Performance
Source: ACE MF. Data as of 31st May 2023. Past performance may or may not be sustained in future. Returns >1 Year are CAGR. Index returns are net of 0.51% expense.
Period Nifty Next 50 TRI Category Average Largecap Funds
1 Year 8.16% 12.05%
3 Years 20.95% 23.03%
5 Years 8.07% 10.21%
7 Years 12.20% 11.41%
10 Years 13.89% 12.66%
15 Years 12.27% 10.88%
22. Rolling Performance
Source: ACE MF, Data as on 31st May 2023. Past performance may or may not be sustained in future. Index returns are net of 0.51% expense.
5-Year Rolling Returns Nifty Next 50 TRI Cat Avg Largecap Funds
Min 0% -2%
Max 30% 28%
Average 14% 12%
Less than 0% 0% 0%
Between 0-7% 13% 13%
Between 7-15% 46% 63%
More than 15% 41% 25%
3-Year Rolling Returns Nifty Next 50 TRI Cat Avg Largecap Funds
Min -16% -7%
Max 43% 44%
Average 13% 12%
Less than 0% 10% 4%
Between 0-7% 16% 18%
Between 7-15% 32% 46%
More than 15% 42% 31%
-5%
0%
5%
10%
15%
20%
25%
30%
35%
Apr-10
Dec-10
Aug-11
Apr-12
Jan-13
Sep-13
May-14
Jan-15
Oct-15
Jun-16
Feb-17
Nov-17
Jul-18
Mar-19
Nov-19
Aug-20
Apr-21
Dec-21
Sep-22
May-23
5-Year Rolling Returns
NIFTY Next 50 - TRI Category Avg Largecap Funds
-20%
-10%
0%
10%
20%
30%
40%
50%
Apr-08
Nov-08
Jul-09
Feb-10
Oct-10
May-11
Jan-12
Aug-12
Apr-13
Dec-13
Jul-14
Mar-15
Oct-15
Jun-16
Jan-17
Sep-17
Apr-18
Dec-18
Aug-19
Mar-20
Nov-20
Jun-21
Feb-22
Sep-22
May-23
3-Year Rolling Returns
NIFTY Next 50 - TRI Category Avg Largecap Funds
23. A right solution for long term SIP
Source: ACE MF, Data as 31st May 2023. Past performance may or may not sustain in future. For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month.
A simple fund for core SIP allocation
It’s easy to set-up an SIP in index fund
Earn market returns- no need to review and track
Performs better than other broad indices
Period
Total Amount Invested
(Rs.)
Nifty Next 50 TRI Category Average Largecap Funds
Present Value (Rs.) XIRR (%) Present Value (Rs.) XIRR (%)
15 Years 18,00,000 56,74,419 14.04% 48,08,572 12.12%
10 Years 12,00,000 22,90,376 12.42% 21,82,814 11.51%
7 Years 8,40,000 12,33,275 10.79% 12,61,136 11.42%
5 Years 6,00,000 8,11,089 12.02% 8,22,745 12.60%
3 Years 3,60,000 4,25,116 11.12% 4,34,676 12.66%
1 Year 1,20,000 1,25,643 8.87% 1,27,572 11.96%
25. About Edelweiss Nifty Large Midcap 250 Index Fund
Source: NSE
Index
Methodology
Stocks Selection:
250 companies from NIFTY 100 are selected from portfolio of 100 large cap
companies and 150 mid cap companies
Weight Assignment:
Weights of large cap and midcap stocks are rebalanced on a
quarterly basis
Rebalancing:
Index is re-balanced on semi-annual basis. The cut-off date is January 31
and July 31 of each year
The fund will aim to replicate the constituents of Nifty Large Midcap 250 Index
26. Trailing Performance
Source: ACE MF. Data as of 31st May 2023. Past performance may or may not be sustained in future. Returns >1 Year are CAGR. Index returns are net of 0.44% expense.
Period Nifty Large Midcap 250 TRI Category Average Large Midcap Funds
1 Year 14.99% 13.79%
3 Years 30.44% 27.63%
5 Years 12.96% 12.14%
7 Years 15.02% 13.75%
10 Years 15.90% 15.71%
15 Years 11.98% 11.99%
27. Rolling Performance
Source: ACE MF, Data as on 31st May 2023. Past performance may or may not be sustained in future. Index returns are net of 0.44% expense.
5-Year Rolling Returns
Nifty Large Midcap
250 TRI
Cat Avg Large
Midcap Funds
Min -2% -1%
Max 24% 24%
Average 13% 13%
Less than 0% 1% 1%
Between 0-7% 15% 15%
Between 7-15% 44% 45%
More than 15% 40% 39%
3-Year Rolling Returns
Nifty Large Midcap
250 TRI
Cat Avg Large
Midcap Funds
Min -12% -10%
Max 37% 39%
Average 13% 13%
Less than 0% 8% 7%
Between 0-7% 18% 19%
Between 7-15% 31% 34%
More than 15% 42% 40%
-20%
-10%
0%
10%
20%
30%
40%
50%
Apr-08
Jan-09
Oct-09
Jul-10
Apr-11
Jan-12
Oct-12
Jul-13
Apr-14
Jan-15
Oct-15
Jul-16
Apr-17
Jan-18
Oct-18
Aug-19
May-20
Feb-21
Nov-21
Aug-22
May-23
3-Year Rolling Returns
NIFTY L & M 250 - TRI Cat Avg Large Midcap Funds
-5%
0%
5%
10%
15%
20%
25%
30%
Apr-10
Dec-10
Aug-11
Apr-12
Jan-13
Sep-13
May-14
Jan-15
Oct-15
Jun-16
Feb-17
Nov-17
Jul-18
Mar-19
Nov-19
Aug-20
Apr-21
Dec-21
Sep-22
May-23
5-Year Rolling Returns
NIFTY L & M 250 - TRI Cat Avg Large Midcap Funds
28. Performs well against Active Large & Midcap funds
Source: NSE. Data as on 31st May 2023. Top 15 Active Large & Midcap funds considered based on AUM as on 28th April 2023. Past performance may or may not be
sustained in future.
Scheme 1 Year Rank 3 Years Rank 5 Years Rank 10 Years Rank
Nifty Large Midcap 250 TRI 13.91 11 27.27 10 12.72 7 14.86 10
Fund 1 9.50 14 23.56 15 8.13 15 14.98 9
Fund 2 14.75 7 27.03 11
Fund 3 17.74 3 29.16 5 10.96 12 13.51 13
Fund 4 11.25 13 26.86 12 12.34 8 21.02 2
Fund 5 14.70 8 26.18 14 11.74 9 15.59 7
Fund 6 7.38 16 28.50 6 9.00 14 13.86 12
Fund 7 17.28 5 33.10 1 13.72 6 11.99 15
Fund 8 16.25 6 32.32 2 13.92 5 15.04 8
Fund 9 14.40 10 23.18 16 10.72 13 14.75 11
Fund 10 17.46 4 27.29 9 13.97 4 16.20 4
Fund 11 9.42 15 28.05 8 14.98 1 22.28 1
Fund 12 14.67 9 29.32 4 11.02 11 13.29 14
Fund 13 19.12 2 31.68 3 14.29 3 16.96 3
Fund 14 13.43 12 26.65 13 11.38 10 15.68 5
Fund 15 22.03 1 28.42 7 14.31 2 15.60 6
29. Performs well against Active Flexicap funds
Source: NSE. Data as on 31st May 2023. Top 15 Active Flexicap funds considered based on AUM as on 28th April 2023. Past performance may or may not be
sustained in future.
Scheme 1 Year Rank 3 Years Rank 5 Years Rank 10 Years Rank
Nifty Large Midcap 250 TRI 14.57 5 26.69 5 11.45 8
Fund 1 11.65 11 24.76 7 10.51 12 16.16 2
Fund 2 7.75 15 19.02 13 10.88 11
Fund 3 11.07 13 21.92 12 8.05 13 13.76 10
Fund 4 12.01 9 23.82 9 13.24 4 14.22 9
Fund 5 14.72 4 24.46 8 11.71 6 14.82 7
Fund 6 13.78 7 29.79 2 12.26 5 15.41 6
Fund 7 19.90 1 33.71 1 14.32 3 15.55 5
Fund 8 15.33 3
Fund 9 14.13 6 23.57 10 11.37 9 15.89 3
Fund 10 11.25 12 17.39 14 5.30 14
Fund 11 10.21 14
Fund 12 16.63 2 29.30 3 18.08 1 18.42 1
Fund 13 11.86 10 28.99 4 14.74 2
Fund 14 12.04 8 25.55 6 11.11 10 15.84 4
Fund 15 6.70 16 23.48 11 11.51 7 14.25 8
30. A right solution for long term SIP
Source: ACE MF, Data as 31st May 2023. Past performance may or may not sustain in future. For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month.
A simple fund for core SIP allocation
It’s easy to set-up an SIP in index fund
Earn market returns- no need to review and track
Performs better than other broad indices
Period
Total Amount Invested
(Rs.)
Nifty Large Midcap 250 TRI Category Average Large Midcap Funds
Present Value (Rs.) XIRR (%) Present Value (Rs.) XIRR (%)
15 Years 18,00,000 62,32,796 15.13% 57,70,571 14.24%
10 Years 12,00,000 26,94,780 15.46% 25,04,942 14.09%
7 Years 8,40,000 14,56,427 15.46% 13,73,166 13.80%
5 Years 6,00,000 9,29,414 17.56% 8,90,694 15.82%
3 Years 3,60,000 4,66,300 17.58% 4,53,612 15.63%
1 Year 1,20,000 1,29,565 15.17% 1,28,319 13.16%
32. About Edelweiss Nifty Smallcap 250 Index Fund
The fund will aim to replicate the constituents of Nifty Smallcap 250 Index
Index
Methodology
Stocks Selection:
250 companies representing the companies ranked 251-500 from the NIFTY
500 Index are selected
Weight Assignment:
Weights are assigned based on Free-float market-cap of the stocks
Rebalancing:
Index is rebalanced on semi-annual basis. The cut-off date is January 31
and July 31 of each year
33. Why smallcaps?
Emerging
Business
Unique business model
that is not found
in large and Midcap
segment
Scalable
Business Model
Innovative and
Unicorn could
get included in
this space
with listing
Better
Diversification
Small cap Index offers
exposure to around 21
sectors more than large
and Midcap cap Index
Companies
with High
Growth potential
Owning to smaller
size, small cap
companies
have higher growth
prospects
True to
Label
Active Small cap
funds may
have a small
allocation to Large or
Midcap fund
Lower Cost
Lower expense
means
more invested
amount leading
to extra growth
in longer-term
34. Trailing Performance
Source: ACE MF. Data as of 31st May 2023. Past performance may or may not be sustained in future. Returns >1 Year are CAGR. Index returns are net of 0.58% expense.
Period Nifty Smallcap 250 TRI Nifty Smallcap 50 TRI
Category Average Smallcap
Funds
1 Year 14.81% 10.65% 19.51%
3 Years 41.61% 35.63% 42.24%
5 Years 10.05% 3.43% 15.25%
7 Years 13.33% 7.46% 17.09%
10 Years 16.56% 11.32% 20.38%
15 Years 10.00% 4.57% 16.47%
35. Rolling Performance
Source: ACE MF, Data as on 31st May 2023. Past performance may or may not be sustained in future. Index returns are net of 0.58% expense.
3-Year Rolling
Returns
Nifty Smallcap
250 TRI
Nifty Smallcap
50 TRI
Cat Avg
Smallcap Funds
Min -18% -24% -15%
Max 44% 44% 45%
Average 11% 7% 16%
Less than 0% 21% 34% 9%
Between 0-7% 18% 12% 13%
Between 7-15% 18% 21% 28%
More than 15% 43% 33% 50%
5-Year Rolling
Returns
Nifty Smallcap
250 TRI
Nifty Smallcap
50 TRI
Cat Avg
Smallcap Funds
Min -7% -12% -1%
Max 27% 25% 29%
Average 11% 6% 16%
Less than 0% 11% 25% 0%
Between 0-7% 21% 29% 6%
Between 7-15% 37% 29% 34%
More than 15% 32% 17% 60%
-30%
-20%
-10%
0%
10%
20%
30%
40%
50%
Apr-08
Dec-08
Aug-09
Apr-10
Dec-10
Sep-11
May-12
Jan-13
Sep-13
Jun-14
Feb-15
Oct-15
Jun-16
Mar-17
Nov-17
Jul-18
Mar-19
Dec-19
Aug-20
Apr-21
Dec-21
Sep-22
May-23
3-Year Rolling Returns
Nifty Smallcap 250 TRI Nifty Smallcap 50 TRI Category Avg Smallcap Funds
-15%
-10%
-5%
0%
5%
10%
15%
20%
25%
30%
35%
Apr-10
Dec-10
Aug-11
Apr-12
Jan-13
Sep-13
May-14
Jan-15
Oct-15
Jun-16
Feb-17
Nov-17
Jul-18
Mar-19
Nov-19
Aug-20
Apr-21
Dec-21
Sep-22
May-23
5-Year Rolling Returns
Nifty Smallcap 250 TRI Nifty Smallcap 50 TRI Category Avg Smallcap Funds
36. A right solution for long term SIP
Source: ACE MF, Data as 31st May 2023. Past performance may or may not sustain in future. For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month.
A simple fund for core SIP allocation
It’s easy to set-up an SIP in index fund
Earn market returns- no need to review and track
Performs better than other broad indices
Period
Total Amount
Invested (Rs.)
Nifty Smallcap 250 TRI Nifty Smallcap 50 TRI Category Average Smallcap Funds
Present Value
(Rs.)
XIRR (%)
Present Value
(Rs.)
XIRR (%)
Present Value
(Rs.)
XIRR (%)
15 Years 18,00,000 58,00,507 14.30% 36,37,923 8.82% 84,95,166 18.67%
10 Years 12,00,000 24,98,048 14.27% 18,46,815 8.50% 30,01,881 17.74%
7 Years 8,40,000 14,42,733 15.19% 11,44,852 8.71% 11,44,852 18.83%
5 Years 6,00,000 9,95,469 20.38% 8,34,667 13.18% 10,76,025 23.60%
3 Years 3,60,000 4,93,221 21.60% 4,32,583 12.32% 5,13,569 24.54%
1 Year 1,20,000 1,31,309 18.01% 1,30,880 17.31% 1,32,555 20.05%
39. About Edelweiss Nifty Midcap 150 Momentum 50 Index Fund
Source: NSE
Index
Methodology
Stocks Selection:
Top 50 companies from Nifty Midcap 150 Index
Stocks are selected based on Momentum Score derived from last 6- & 12-months
price return adjusted for volatility
Weight Assignment:
Weights are derived by multiplying stock’s free-float market-cap with the
momentum score
Weight to each stock capped at 5% or 5x the weight based on FF
Marketcap
Cumulative weight to Non-F&O stocks capped at 15%
Rebalancing:
Index is re-constituted on semi-annual basis.
The cut-off date is January 31 and July 31 of each year
The fund will aim to replicate the constituents of Nifty Midcap 150 Momentum 50 Index
40. How is momentum score calculated?
Momentum Score
12 Months momentum score
12 months Price return
--------------------------------
Annualized SD for 1 year
6 months Price return
--------------------------------
Annualized SD for 1 year
Weighted Average Z score is calculated by giving
equal weight to 6 and 12 month momentum Z-scores
Final weights are arrived at by multiplying free-float Market-cap of the
companies with the Momentum Score
6 Months momentum score
41. Trailing Performance
Source: ACE MF. Data as of 31st May 2023. Past performance may or may not be sustained in future. Returns >1 Year are CAGR. Index returns are net of 0.55% expense.
Period
Nifty Midcap 150
Momentum 50 TRI
Nifty Midcap 150 TRI
Category Average
Midcap Funds
1 Year 19.03% 19.26% 16.79%
3 Years 40.05% 36.27% 32.33%
5 Years 18.56% 14.04% 13.07%
7 Years 21.00% 16.62% 14.72%
10 Years 23.89% 18.45% 18.33%
15 Years 19.48% 13.44% 13.88%
42. Momentum investing outperforms…
Source: NSE, ACE MF, Data as of 31st May 2023
Momentum investing involves letting winners run and weeding out losers
0
5000
10000
15000
20000
25000
30000
35000
40000
45000
Apr-05
Oct-05
May-06
Nov-06
Jun-07
Jan-08
Jul-08
Feb-09
Aug-09
Mar-10
Oct-10
Apr-11
Nov-11
May-12
Dec-12
Jul-13
Jan-14
Aug-14
Feb-15
Sep-15
Apr-16
Oct-16
May-17
Nov-17
Jun-18
Jan-19
Jul-19
Feb-20
Aug-20
Mar-21
Oct-21
Apr-22
Nov-22
May-23
NIFTY Midcap 150 Momentum 50 TRI NIFTY Midcap 150 TRI Category Avg Midcap Funds
44. Rolling Performance
Source: ACE MF, Data as on 31st May 2023. Past performance may or may not be sustained in future. Index returns are net of 0.55% expense.
3-Year Rolling
Returns
Nifty Midcap 150
Momentum 50 TRI
Nifty Midcap
150 TRI
Cat Avg
Midcap Funds
Min -15% -18% -17%
Max 46% 40% 39%
Average 20% 14% 14%
Less than 0% 5% 12% 10%
Between 0-7% 13% 15% 19%
Between 7-15% 19% 25% 28%
More than 15% 62% 47% 43%
5-Year Rolling
Returns
Nifty Midcap 150
Momentum 50 TRI
Nifty Midcap
150 TRI
Cat Avg
Midcap Funds
Min 1% -3% -1%
Max 36% 29% 28%
Average 21% 14% 14%
Less than 0% 0% 1% 0%
Between 0-7% 6% 16% 18%
Between 7-15% 24% 40% 29%
More than 15% 70% 43% 53%
-30%
-20%
-10%
0%
10%
20%
30%
40%
50%
Apr-08
Oct-08
May-09
Dec-09
Jun-10
Jan-11
Aug-11
Feb-12
Sep-12
Apr-13
Nov-13
May-14
Dec-14
Jul-15
Jan-16
Aug-16
Mar-17
Sep-17
Apr-18
Nov-18
Jun-19
Dec-19
Jul-20
Feb-21
Aug-21
Mar-22
Oct-22
May-23
3-Year Rolling Returns
NIFTY Midcap 150 Momentum 50 TRI NIFTY Midcap 150 TRI Category Avg Midcap Funds
-5%
0%
5%
10%
15%
20%
25%
30%
35%
40%
Apr-10
Oct-10
Apr-11
Oct-11
Apr-12
Oct-12
Apr-13
Oct-13
Apr-14
Oct-14
Apr-15
Oct-15
Apr-16
Oct-16
Apr-17
Oct-17
Apr-18
Oct-18
Apr-19
Oct-19
Apr-20
Oct-20
May-21
Nov-21
May-22
Nov-22
May-23
5-Year Rolling Returns
NIFTY Midcap 150 Momentum 50 TRI NIFTY Midcap 150 TRI Category Avg Midcap Funds
45. A right solution for long term SIP
Source: ACE MF, Data as 31st May 2023. Past performance may or may not sustain in future. For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month.
Period
Total Amount
Invested (Rs.)
Nifty Midcap 150 Momentum 50 TRI Nifty Midcap 150 TRI Category Average Midcap Funds
Present Value
(Rs.)
XIRR (%)
Present Value
(Rs.)
XIRR (%)
Present Value
(Rs.)
XIRR (%)
15 Years 18,00,000 1,33,95,931 23.81% 74,92,266 17.24% 71,13,607 16.64%
10 Years 12,00,000 39,97,514 22.77% 30,46,295 17.74% 27,61,511 15.91%
7 Years 8,40,000 18,41,324 22.05% 15,65,694 17.49% 15,65,694 15.43%
5 Years 6,00,000 11,35,795 25.86% 10,08,699 20.92% 9,52,863 18.58%
3 Years 3,60,000 5,20,357 25.50% 4,93,450 21.63% 4,73,824 18.72%
1 Year 1,20,000 1,24,049 7.66% 1,25,202 9.88% 1,23,412 6.44%
A simple fund for core SIP allocation
It’s easy to set-up an SIP in index fund
Earn market returns- no need to review and track
Performs better than other broad indices
47. About Edelweiss Nifty 100 Quality 30 Index Fund
Index
Methodology
Stocks Selection:
30 companies are selected from Nifty 100 Index, based on their ‘quality’ scores
Weight Assignment:
Weights are derived from their Quality scores and square root of free float
MCap, weights are capped at 5%
Rebalancing:
Index is re-constituted on semi-annual basis
The fund will aim to replicate the constituents of Nifty 100 Quality 30 Index
48. Quality Investing
Quality companies are those which meet the criteria of Low leverage, High profitability and Low earning volatility.
Earnings
(EPS)
Financial
Leverage
Return
on Equity
(ROE)
Earnings quality
implies
persistence in
earnings growth
measured by
low variability in
growth of EPS
Indicates the capital
mix between equity
and debt and
essentially uses debt
to equity ratio to
determine the same
More the financial
leverage more the risk.
Earnings ROE
Financial
Leverage
Ability and efficiency
of the company to
generate earnings
ROE, ROA, ROCE,
Gross Profit /Asset
are the commonly
used measures.
49. Trailing Performance
Source: ACE MF. Data as of 31st May 2023. Past performance may or may not be sustained in future. Returns >1 Year are CAGR. Index returns are net of 0.34% expense.
Period Nifty 100 Quality 30 Index Fund Category Average Largecap Funds
1 Year 15.82% 12.05%
3 Years 22.96% 23.03%
5 Years 11.46% 10.21%
7 Years 11.64% 11.41%
10 Years 13.40% 12.66%
50. Rolling Performance
Source: ACE MF, Data as on 31st May 2023. Past performance may or may not be sustained in future. Index returns are net of 0.34% expense.
5-Year Rolling Returns Nifty 100 Quality 30 TRI Cat Avg Largecap Funds
Min -2% -2%
Max 20% 20%
Average 13% 12%
Less than 0% 0% 0%
Between 0-7% 10% 8%
Between 7-15% 56% 73%
More than 15% 34% 19%
3-Year Rolling Returns Nifty 100 Quality 30 TRI Cat Avg Largecap Funds
Min -5% -6%
Max 28% 28%
Average 13% 12%
Less than 0% 1% 3%
Between 0-7% 11% 19%
Between 7-15% 58% 49%
More than 15% 30% 28%
-10%
-5%
0%
5%
10%
15%
20%
25%
30%
Oct-12
Mar-13
Aug-13
Jan-14
Jun-14
Nov-14
Apr-15
Sep-15
Feb-16
Jul-16
Dec-16
Jun-17
Nov-17
Apr-18
Sep-18
Feb-19
Jul-19
Dec-19
May-20
Oct-20
Mar-21
Aug-21
Feb-22
Jul-22
Dec-22
May-23
3-Year Rolling Returns
NIFTY 100 Quality 30 - TRI Category Avg Largecap Funds
-5%
0%
5%
10%
15%
20%
25%
Oct-14
Feb-15
Jun-15
Oct-15
Mar-16
Jul-16
Nov-16
Apr-17
Aug-17
Dec-17
May-18
Sep-18
Jan-19
May-19
Oct-19
Feb-20
Jun-20
Nov-20
Mar-21
Jul-21
Dec-21
Apr-22
Aug-22
Dec-22
May-23
5-Year Rolling Returns
NIFTY 100 Quality 30 - TRI Category Avg Largecap Funds
51. Market phases
Source: NSE; ACE MF, Past performance may or may not be sustained in future.
-50 0 50 100 150 200
Russia - Ukraine War (February 22 - March 2022)
Recovery from Covid 19 (March 20 - Oct 2021)
Covid 19 Crisis (Feb 2020 - March 2020)
Tight Liquidity in Lending Sector (Aug 2018 - March 2020)
Liquidity and Reform driven rally (Feb 2016 - Aug 2018)
Chinese Slowdown (March 2015 - Feb 2016)
Post European Crisis (Dec 2011 - Feb 2015)
European Crisis (Nov 2010 - Dec 2011)
Performance during Market phase (%)
Nifty 100 Quality 30 Index NIFTY 50
Quality tends to outperform during weak economic phases
52. Quality outperforms during weak economic phases
Source: Bloomberg, NSE; Data considered for above analysis is from Jan’12 till Mar’22; Returns expressed are average of monthly returns for the total # of observations.
Past performance may or may not be sustained in future.
Quality factor delivers consistent performance across market cycles but particularly outperform during a downturn
2.30%
0.75%
1.60%
1.28%
2.40%
0.70%
1.90%
1.20%
When inflation>6%
When inflation<6%
When Brent>100$/barrel
When Brent<100$/barrel
Nifty100 Q30 Nifty50
53. A right solution for long term SIP
Source: ACE MF, Data as 31st May 2023. Past performance may or may not sustain in future. For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month.
A simple fund for core SIP allocation
It’s easy to set-up an SIP in index fund
Earn market returns- no need to review and track
Performs better than other broad indices
Period
Total Amount Invested
(Rs.)
Nifty 100 Quality 30 TRI Category Average Largecap Funds
Present Value (Rs.) XIRR (%) Present Value (Rs.) XIRR (%)
10 Years 12,00,000 22,84,450 12.37% 21,82,814 11.51%
7 Years 8,40,000 13,36,962 13.06% 12,61,136 11.42%
5 Years 6,00,000 8,57,760 14.29% 8,22,745 12.60%
3 Years 3,60,000 4,46,690 14.55% 4,34,676 12.66%
1 Year 1,20,000 1,31,497 18.32% 1,27,572 11.96%
56. About MSCI India Domestic & World Healthcare 45 Index Fund
Fund invests in stocks comprising of the underlying MSCI
India Domestic & World Healthcare 45 Index which
constitutes 45 healthcare sector listed across India and US
market.
The India and World constituents are combined in the
following manner.
India Healthcare: 70% Weight
• Healthcare companies listed in India
• Top 25 stocks based on market cap Size
• Sub-sectors covered: Pharma, Hospitals,
Diagnostics, Life Science Tools & Services,
Biotechnology and other Healthcare services
World Healthcare: 30% weight
• Global Healthcare companies listed in US
• 20 stocks - Top 5 stocks based on market cap size
from 4 sub-sectors each - Pharma, Healthcare
Equipment, Biotechnology and Life Sciences Tools
and services
Investments
Indicative Allocation
(% to net assets)
Risk Profile
Stocks comprising MSCI India Domestic &
World Healthcare 45 Index
95% to 100% High
Debt and Money Market Instruments / units
of Liquid Mutual Funds
0% to 5% Low to Medium
57. India
Healthcare
70%
India is one of the
fastest growing
healthcare markets in
the world
Market leader in
pharma exports
Rising Government spends
and income will increase
penetration and actuate
growth
US Listed
World
Healthcare
30%
US is the largest healthcare
market with some of
world’s top healthcare
companies
Large US listed
companies are leaders
in innovation and
patents
US is home to fast growing
Biologics and medical
device companies
Invest where innovation meets growth
Innovation from US Growth from India
58. The process behind 70% India healthcare exposure
The MSCI India Healthcare Component with 70% weight is constructed through following steps
Securities from MSCI India Domestic IMI belonging to below sub-industries as per GICS constitute are selected
Identifying the applicable
universe from sub-
sectors
59. The process behind 30% World healthcare exposure
The MSCI World Healthcare component with 30% weight is constructed through following steps
Securities from MSCI World Index belonging to below sub-industries as per the GICS constitute are selected
Identifying the applicable
universe from select sub-
sectors
60. Growth of India’s healthcare market
Source: NITI Ayog, Frost & Sullivan, LSI Financial Services, Deloitte. Bookmyforex for historical USD/INR values & 28/03/2022 value of USD/INR for 2022 F data.
Data as per latest available report as of 30 March 2021. The above graph is used to explain the concept and is for illustration purpose only.
2.0
3.2
5.0
10.8
20.7
28.3
0
5
10
15
20
25
30
2008 2011 2014 2017 2020 2022E
Market
Size
(Rs
Lakh
Cr)
Industry growth
14 times in 14 years
61. Increased government spending towards healthcare sector
Source: indiabudget.gov.in The above graph is used to explain the concept and is for illustration purpose only.
1.2
1.5
2.5
0.0
0.5
1.0
1.5
2.0
2.5
3.0
2015 2020 2025E
%
of
GDP
Government Healthcare Spend as a % of GDP
62. Portfolio Snapshot
Source: MSCI, Data as on 31st May 2023
Healthcare,
81.22%
Pharmaceuticals,
13.86%
Biotechnology,
3.15%
Healthcare
Equipment,
1.66%
Sector Composition
Top 10 Holdings Weightage (%)
Sun Pharmaceuticals Industries Ltd. 13.34%
Dr. Reddy’s Laboratories Ltd. 7.47%
Apollo Hospitals Enterprises Ltd. 6.63%
Cipla Ltd. 6.58%
Divi’s Laboratories Ltd. 6.51%
Max Healthcare Institute Ltd. 6.08%
Johnson & Johnson 3.77%
Eli Lilly & Co 3.23%
Torrent Pharmaceuticals Ltd. 2.66%
63. Trailing Performance
Source: ACE MF. Data as of 31st May 2023. Past performance may or may not be sustained in future. Returns >1 Year are CAGR.
Period
Edelweiss MSCI India Domestic &
World Healthcare 45 Index Fund
Category Average Healthcare
Funds
1 Year -0.20% -3.78%
Since Inception
(26th Oct, 2020)
8.44% 7.00%
9
10
10
11
11
12
12
13
13
14
14
Oct-20
Nov-20
Dec-20
Jan-21
Feb-21
Mar-21
Apr-21
May-21
Jun-21
Jul-21
Aug-21
Sep-21
Oct-21
Nov-21
Dec-21
Jan-22
Feb-22
Mar-22
Apr-22
May-22
Jun-22
Jul-22
Aug-22
Sep-22
Oct-22
Nov-22
Dec-22
Jan-23
Feb-23
Mar-23
Apr-23
May-23
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Cat Average Healthcare Funds
64. Fund Facts
Data as on 31st May 2023
Scheme
Edelweiss Nifty 50
Index Fund
Edelweiss Nifty
Next 50 Index
Fund
Edelweiss Nifty
Large & Midcap
250 Index Fund
Edelweiss Nifty
Smallcap 250
Index Fund
Edelweiss Nifty
Midcap 150
Momentum 50
Index Fund
Edelweiss Nifty
100 Quality 30
Index Fund
Edelweiss MSCI
India Domestic &
World Healthcare
45 Index Fund
Scheme Type An Open-ended Equity Scheme
Benchmark
Nifty 50
TRI
Nifty Next 50
TRI
Nifty Large & Midcap
250 TRI
Nifty Smallcap 250
TRI
Nifty Midcap 150
Momentum 50
TRI
Nifty 100 Quality 30
TRI
MSCI India Domestic
& World Healthcare
45 Index
Plan Options Regular and Direct
AUM ₹ 15 Cr. ₹ 14 Cr. ₹ 50 Cr. ₹ 7 Cr. ₹ 25 Cr. ₹ 14 Cr. ₹ 129 Cr.
Fund Managers
Mr. Bhavesh Jain
Mr. Bharat Lahoti
Mr. Bhavesh Jain Mr. Bhavesh Jain Mr. Bhavesh Jain
Mr. Bhavesh Jain
Mr. Bharat Lahoti
Mr. Bhavesh Jain
Mr. Bharat Lahoti
Mr. Bhavesh Jain
Mr. Amit Vora
Expense Ratio
Reg
0.62%
Dir
0.52%
Reg
1.03%
Dir
0.51%
Reg
1.03%
Dir
0.44%
Reg
1.03%
Dir
0.58%
Reg
1.05%
Dir
0.55%
Reg
0.90%
Dir
0.34%
Reg
1.04%
Dir
0.47%
Exit Load NIL
Minimum
Investment
For Monthly SIP
For Lumpsum:
Frequency Minimum Investment Amount Minimum No of Installments
Monthly Rs. 100/- & in multiples of Re. 1/- thereafter 12
Particulars
Minimum Purchase Amount Minimum of Rs. 100/- and multiples of Re. 1/- thereafter.
65. Scheme Performance
Data as 31st May 2023. * CAGR Returns. Past performance may or may not be sustained in future.
Period
Scheme – Regular Plan
Benchmark
(Nifty 50 TRI)
Alternate Benchmark
(S&P BSE Sensex TRI)
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
1 Year 12.10% 11,210 12.94% 11,294 14.05% 11,405
Since Inception 2.53% 10,420 3.71% 10,619 4.24% 10,708
1. The performance details provided herein are of Edelweiss Nifty 50 Index Fund. Since Inception returns are calculated on NAV Rs 10/- from fund inception. In case the start/end date
is non-business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Bhavesh Jain (managing this fund from May 08, 2015) and Mr. Bharat Lahoti (Managing this fund from October 01, 2021). Please refer page no.
60-62 of latest factsheet for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
1. Edelweiss Nifty 50 Index Fund
2. Edelweiss Nifty Next 50 Index
Fund
The scheme has been in existence for less than 6 month; hence performance has not been disclosed.
Period
Scheme – Regular Plan
Benchmark
(Nifty Large Midcap 250 TRI)
Alternate Benchmark
(Nifty 50 TRI)
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
1 Year 14.22% 11,422 15.43% 11,543 12.94% 11,294
Since Inception 4.50% 10,681 6.70% 11,019 6.48% 10,985
3. Edelweiss Nifty Large Midcap
250 Index Fund
1. The performance details provided herein are of Edelweiss Nifty Large Midcap 250 Index Fund. Since Inception returns are calculated on NAV Rs 10/- from fund inception. In case the
start/end date is non-business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Bhavesh Jain (managing this fund from Dec 01, 2021) . Please refer page no. 60-62 of latest factsheet for name of the other schemes currently
managed by the Fund Managers and relevant scheme for performance.
66. Scheme Performance
Data as 31st May 2023. * CAGR Returns. Past performance may or may not be sustained in future.
4. Edelweiss Nifty Smallcap 250
Index Fund
5. Edelweiss Nifty Midcap 150
Momentum 50 Index Fund
Period
Scheme – Regular Plan
Benchmark
(Nifty Large Midcap 250 TRI)
Alternate Benchmark
(Nifty 50 TRI)
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
1 Year 15.06% 11,506 16.16% 11,616 12.94% 11,294
Since Inception 2.84% 10,472 2.92% 10,486 3.71% 10,619
The scheme has been in existence for less than 6 month; hence performance has not been disclosed.
The scheme has been in existence for less than 6 month; hence performance has not been disclosed.
6. Edelweiss Nifty 100 Quality 30
Index Fund
1. The performance details provided herein are of Edelweiss Nifty 100 Quality 30 Index Fund. Since Inception returns are calculated on NAV Rs 10/- from fund inception. In case the
start/end date is non-business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Bhavesh Jain (managing this fund from May 25, 2016) and Mr. Bharat Lahoti (Managing this fund from October 01, 2021). Please refer page no.
60-62 of latest factsheet for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
67. Scheme Performance
Data as 31st May 2023. * CAGR Returns. Past performance may or may not be sustained in future.
Period
Scheme – Regular Plan
Benchmark
(MSCI India Domestic & World
Healthcare 45 Index)
Alternate Benchmark
(Nifty 50 TRI)
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
Returns*
Value of
Rs.10,000
invested
1 Year 5.77% 10,577 6.93% 10,693 12.91% 11,294
Since Inception 8.68% 12,411 8.76% 12,435 20.52% 16,229
1. The performance details provided herein are of Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund. Since Inception returns are calculated on NAV Rs 10/- from fund
inception. In case the start/end date is non-business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Bhavesh Jain (managing this fund from October 01, 2021) and Mr. Amit Vora (Managing this fund from February 12, 2021). Please refer page
no. 60-62 of latest factsheet for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
7. Edelweiss MSCI India Domestic
& World Healthcare 45 Index Fund
68. Risk-o-meter
Scheme Name This product is suitable for investors who are seeking*:
Scheme
Risk-o-meter
Benchmark
Risk-o-meter
Edelweiss Nifty 50
Index Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of Nifty 50 Index,
subject to tracking errors
Edelweiss Nifty Next
50 Index Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of Nifty Next 50
Index, subject to tracking errors
Edelweiss Nifty Large
Midcap 250 Index
Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of Nifty Large
Midcap 250 Index , subject to tracking errors
Edelweiss Nifty Small
Cap 250 Index Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of Nifty
Smallcap 250 Index , subject to tracking errors
69. Risk-o-meter
Scheme Name This product is suitable for investors who are seeking*:
Scheme
Risk-o-meter
Benchmark
Risk-o-meter
Edelweiss Nifty
Midcap 150
Momentum 50 Index
Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of Nifty
Midcap150 Momentum 50 Index , subject to tracking errors
Edelweiss Nifty 100
Quality 30 Index Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of Nifty 100
Quality 30 Index , subject to tracking errors
Edelweiss MSCI India
Domestic & World
Healthcare 45 Index
Fund
Long Term Capital appreciation
Passive Investment in equity and equity related securities replicating the composition of MSCI India
Domestic & World Healthcare 45 Index , subject to tracking errors
70. NSE Disclaimers
NSE INDICES LIMITED DISCLAIMERS FUND
The Product(s) are not sponsored, endorsed, sold or promoted by NIFTY INDICES LIMITED. NIFTY INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of Edelweiss Nifty Next 50 Index Fund or any member of the
public regarding the advisability of investing in securities generally or in Edelweiss Nifty Next 50 Index Fund particularly or the ability of the Nifty Next 50 Index Fund to track general stock market performance in India. The relationship of NIFTY INDICES LIMITED
with the Licensee is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NIFTY INDICES LIMITED without regard to Edelweiss Asset Management
Limited or Edelweiss Nifty Next 50 Index Fund. NIFTY INDICES LIMITED does not have any obligation to take the needs of the Edelweiss Asset Management Limited or owner of Edelweiss Nifty Next 50 Index Fund into consideration in determining, composing
or calculating the Nifty Next 50 Index Fund. NIFTY INDICES LIMITED is not responsible for nor has participated in the determination of the timing of, prices at, or quantities of Edelweiss Nifty Next 50 Index Fund to be launched or in the determination or
calculation of the equation by which Edelweiss Nifty Next 50 Index Fund is to be converted into cash. NIFTY INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Edelweiss Nifty Next 50 Index Fund.
NIFTY INDICES LIMITED does not guarantee the accuracy and/ or the completeness of the Nifty Next 50 Index or any data included therein and NIFTY INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions
therein. NIFTY INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Edelweiss Asset Management Limited, owners of Edelweiss Nifty Next 50 Index Fund, or any other person or entity from the use of the Nifty
Next 50 Index or any data included therein. NIFTY INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein.
Without limiting any of the foregoing, NIFTY INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to Edelweiss Nifty Next 50 Index Fund, including any and all direct, special, punitive, indirect, or
consequential damages (including lost profits), even if notified of the possibility of such damages.
The Product(s) are not sponsored, endorsed, sold or promoted by NIFTY INDICES LIMITED. NIFTY INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of Edelweiss Nifty Midcap150 Momentum 50 Index Fund or
any member of the public regarding the advisability of investing in securities generally or in Edelweiss Nifty Midcap150 Momentum 50 Index Fund particularly or the ability of the Nifty Midcap150 Momentum 50 Index to track general stock market performance
in India. The relationship of NIFTY INDICES LIMITED with the Licensee is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NIFTY INDICES
LIMITED without regard to Edelweiss Asset Management Limited or Edelweiss Nifty Midcap150 Momentum 50 Index Fund. NIFTY INDICES LIMITED does not have any obligation to take the needs of the Edelweiss Asset Management Limited or owner of
Edelweiss Nifty Midcap150 Momentum 50 Index Fund into consideration in determining, composing or calculating the Nifty Midcap150 Momentum 50 Index Fund. NIFTY INDICES LIMITED is not responsible for nor has participated in the determination of the
timing of, prices at, or quantities of Edelweiss Nifty Midcap150 Momentum 50 Index Fund to be launched or in the determination or calculation of the equation by which Edelweiss Nifty Midcap150 Momentum 50 Index Fund is to be converted into cash. NIFTY
INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Edelweiss Nifty Midcap150 Momentum 50 Index Fund. NIFTY INDICES LIMITED does not guarantee the accuracy and/ or the completeness of the
Nifty Midcap150 Momentum 50 Index or any data included therein and NIFTY INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NIFTY INDICES LIMITED does not make any warranty, express or
implied, as to results to be obtained by the Edelweiss Asset Management Limited, owners of Edelweiss Nifty Midcap150 Momentum 50 Index Fund, or any other person or entity from the use of the Nifty Midcap150 Momentum 50 Index or any data included
therein. NIFTY INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the
foregoing, NIFTY INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to Edelweiss Nifty Midcap150 Momentum 50 Index Fund, including any and all direct, special, punitive, indirect, or
consequential damages (including lost profits), even if notified of the possibility of such damages.
The Product(s) are not sponsored, endorsed, sold or promoted by NIFTY INDICES LIMITED. NIFTY INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of Edelweiss Nifty Smallcap 250 Index Fund or any member of
the public regarding the advisability of investing in securities generally or in Edelweiss Nifty Smallcap 250 Index Fund particularly or the ability of the Nifty Smallcap 250 Index Fund to track general stock market performance in India. The relationship of NIFTY
INDICES LIMITED with the Licensee is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NIFTY INDICES LIMITED without regard to Edelweiss
Asset Management Limited or Edelweiss Nifty Smallcap 250 Index Fund. NIFTY INDICES LIMITED does not have any obligation to take the needs of the Edelweiss Asset Management Limited or owner of Edelweiss Nifty Smallcap 250 Index Fund into
consideration in determining, composing or calculating the Nifty Smallcap 250 Index Fund. NIFTY INDICES LIMITED is not responsible for nor has participated in the determination of the timing of, prices at, or quantities of Edelweiss Nifty Smallcap 250 Index
Fund to be launched or in the determination or calculation of the equation by which Edelweiss Nifty Smallcap 250 Index Fund is to be converted into cash. NIFTY INDICES LIMITED has no obligation or liability in connection with the administration, marketing or
trading of the Edelweiss Nifty Smallcap 250 Index Fund. NIFTY INDICES LIMITED does not guarantee the accuracy and/ or the completeness of the Nifty Smallcap 250 Index or any data included therein and NIFTY INDICES LIMITED shall have not have any
responsibility or liability for any errors, omissions, or interruptions therein. NIFTY INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Edelweiss Asset Management Limited, owners of Edelweiss Nifty Smallcap
250 Index Fund, or any other person or entity from the use of the Nifty Smallcap 250 Index or any data included therein. NIFTY INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a
particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, NIFTY INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to Edelweiss Nifty
Smallcap 250 Index Fund, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
71. NSE Disclaimers
NSE INDICES LIMITED DISCLAIMERS FUND
The Product(s) are not sponsored, endorsed, sold or promoted by NIFTY INDICES LIMITED. NIFTY INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of Edelweiss Nifty 50 Index Fund or any member of the public
regarding the advisability of investing in securities generally or in Edelweiss Nifty 50 Index Fund particularly or the ability of the Nifty 50 Index Fund to track general stock market performance in India. The relationship of NIFTY INDICES LIMITED with the
Licensee is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NIFTY INDICES LIMITED without regard to Edelweiss Asset Management Limited
or Edelweiss Nifty 50 Index Fund. NIFTY INDICES LIMITED does not have any obligation to take the needs of the Edelweiss Asset Management Limited or owner of Edelweiss Nifty50 Index Fund into consideration in determining, composing or calculating the
Nifty Next 50 Index Fund. NIFTY INDICES LIMITED is not responsible for nor has participated in the determination of the timing of, prices at, or quantities of Edelweiss Nifty Next 50 Index Fund to be launched or in the determination or calculation of the equation
by which Edelweiss Nifty 50 Index Fund is to be converted into cash. NIFTY INDICES LIMITED has no obligation or liability in connection with the administration, marketing or trading of the Edelweiss Nifty 50 Index Fund. NIFTY INDICES LIMITED does not
guarantee the accuracy and/ or the completeness of the Nifty 50 Index or any data included therein and NIFTY INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NIFTY INDICES LIMITED does
not make any warranty, express or implied, as to results to be obtained by the Edelweiss Asset Management Limited, owners of Edelweiss Nifty 50 Index Fund, or any other person or entity from the use of the Nifty 50 Index or any data included therein. NIFTY
INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, NIFTY
INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to Edelweiss Nifty Next 50 Index Fund, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits),
even if notified of the possibility of such damages.
The Product(s) are not sponsored, endorsed, sold or promoted by NIFTY INDICES LIMITED. NIFTY INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of Edelweiss Nifty Large Midcap 250 Index Fund or any
member of the public regarding the advisability of investing in securities generally or in Edelweiss Nifty Large Midcap 250 Index Fund particularly or the ability of the Nifty Large Midcap 250 Index to track general stock market performance in India. The
relationship of NIFTY INDICES LIMITED with the Licensee is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NIFTY INDICES LIMITED without
regard to Edelweiss Asset Management Limited or Edelweiss Nifty Large Midcap 250 Index Fund. NIFTY INDICES LIMITED does not have any obligation to take the needs of the Edelweiss Asset Management Limited or owner of Edelweiss Nifty Large Midcap
250 Index Fund into consideration in determining, composing or calculating the Nifty Large Midcap 250 Index Fund. NIFTY INDICES LIMITED is not responsible for nor has participated in the determination of the timing of, prices at, or quantities of Edelweiss
Nifty Midcap150 Momentum 50 Index Fund to be launched or in the determination or calculation of the equation by which Edelweiss Nifty Large Midcap 250 Index Fund is to be converted into cash. NIFTY INDICES LIMITED has no obligation or liability in
connection with the administration, marketing or trading of the Edelweiss Nifty Midcap150 Momentum 50 Index Fund. NIFTY INDICES LIMITED does not guarantee the accuracy and/ or the completeness of the Nifty Large Midcap 250 Index or any data included
therein and NIFTY INDICES LIMITED shall have not have any responsibility or liability for any errors, omissions, or interruptions therein. NIFTY INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Edelweiss Asset
Management Limited, owners of Nifty Large Midcap 250 Index Fund, or any other person or entity from the use of the Nifty Large Midcap 250 Index or any data included therein. NIFTY INDICES LIMITED makes no express or implied warranties, and expressly
disclaim all warranties of merchantability or fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, NIFTY INDICES LIMITED expressly disclaim any and all liability for any claims,
damages or losses arising out of or related to Edelweiss Nifty Large Midcap 250 Index Fund, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
The Product(s) are not sponsored, endorsed, sold or promoted by NIFTY INDICES LIMITED. NIFTY INDICES LIMITED does not make any representation or warranty, express or implied, to the owners of Edelweiss Nifty 100 Quality 30 Index Fund or any member
of the public regarding the advisability of investing in securities generally or in Edelweiss Nifty 100 Quality 30 Index Fund particularly or the ability of the Nifty Smallcap 250 Index Fund to track general stock market performance in India. The relationship of
NIFTY INDICES LIMITED with the Licensee is only in respect of the licensing of the Indices and certain trademarks and trade names associated with such Indices which is determined, composed and calculated by NIFTY INDICES LIMITED without regard to
Edelweiss Asset Management Limited or Edelweiss Nifty 100 Quality 30 Index Fund. NIFTY INDICES LIMITED does not have any obligation to take the needs of the Edelweiss Asset Management Limited or owner of Edelweiss Nifty 100 Quality 30 Index Fund
into consideration in determining, composing or calculating the Nifty Smallcap 250 Index Fund. NIFTY INDICES LIMITED is not responsible for nor has participated in the determination of the timing of, prices at, or quantities of Edelweiss Nifty 100 Quality 30
Index Fund to be launched or in the determination or calculation of the equation by which Edelweiss Nifty 100 Quality 30 Index Fund is to be converted into cash. NIFTY INDICES LIMITED has no obligation or liability in connection with the administration,
marketing or trading of the Edelweiss Nifty Smallcap 250 Index Fund. NIFTY INDICES LIMITED does not guarantee the accuracy and/ or the completeness of the Nifty 100 Quality 30 Index or any data included therein and NIFTY INDICES LIMITED shall have not
have any responsibility or liability for any errors, omissions, or interruptions therein. NIFTY INDICES LIMITED does not make any warranty, express or implied, as to results to be obtained by the Edelweiss Asset Management Limited, owners of Edelweiss Nifty
Smallcap 250 Index Fund, or any other person or entity from the use of the Nifty 100 Quality 30 Index or any data included therein. NIFTY INDICES LIMITED makes no express or implied warranties, and expressly disclaim all warranties of merchantability or
fitness for a particular purpose or use with respect to the Index or any data included therein. Without limiting any of the foregoing, NIFTY INDICES LIMITED expressly disclaim any and all liability for any claims, damages or losses arising out of or related to
Edelweiss Nifty 100 Quality 30 Fund, including any and all direct, special, punitive, indirect, or consequential damages (including lost profits), even if notified of the possibility of such damages.
72. MSCI Disclaimer
Source: MSCI. The MSCI data is comprised of a custom index calculated by MSCI for, and as requested by, Edelweiss Asset Management. The
MSCI data is for internal use only and may not be redistributed or used in connection with creating or offering any securities, financial products
or indices. Neither MSCI nor any other third party involved in or related to compiling, computing or creating the MSCI data (the “MSCI parties”)
makes any express or implied warranties or representations with respect to such data (or the results to be obtained by the use thereof), and
the MSCI Parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability or fitness for a particular
purpose with respect to such data. Without limiting any of the foregoing, in no event shall any of the MSCI Parties have any liability for any
direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.
73. Disclaimer
This document is for information purposes and private circulation only and is not an offer to sell or a solicitation to buy any
mutual fund units / securities or to have business relations with Sponsor/ AMC/ Trustee Company and its associates or
Edelweiss Mutual Fund. These views alone are not sufficient and should not be used for the development or implementation
of an investment strategy. All opinions, figures and estimates included in this document (unless as specified in the document)
are as of this date and are subject to change without notice. It should not be construed as investment advice to any party.
Neither Sponsor/ AMC/ Trustee Company and its associates nor Edelweiss Mutual Fund or any person connected with it,
accepts any liability arising from the use of this information. Utmost care has been exercised while preparing the document,
and Sponsor/ AMC/ Trustee Company and its associates or Edelweiss Mutual Fund does not warrant the completeness or
accuracy of the information and disclaims all liabilities, losses and damages arising out of the use of this information. The
recipient of this material should rely on their investigations and take their own professional advice. Investment decisions of
the AMC may not always be profitable. The above is the investment ideology which will be followed by the fund manager.
However, this can change based on market dynamics, economic scenarios etc. For detailed investment strategy, risk factors
of the schemes please refer to SID available on website. The representational logos used does not imply any affiliation or
endorsement by the brands. These are for illustration purpose only.
Mutual Fund investments are subject to market risks, read all scheme related documents carefully.