Edelweiss Technology Fund
(An open-ended equity scheme investing in technology & technology-related companies)
Data as on 31st August, 2024
| Investment Objective : To provide long-term capital appreciation by investing predominantly in equity and equity-related securities of technology & technologyrelated companies.However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. |
|
| Inception Date | 05-Mar-24 |
| Benchmark* | BSE TECK TRI *With effect from June 1, 2024, S&P BSE TECk TRI has been renamed to BSE Teck TRI. |
| Fund Managers Details | Mr. Sumanta Khan Experience 18 years Managing Since01-Apr-24 Mr. Trideep Bhattacharya Experience 25 years Managing Since05-Mar-24 Mr. Raj Koradia Experience 7 years Managing Since01-Aug-24 Overseas Securities: Mr. Amit Vora Experience 16 years Managing Since05-Mar-24 |
| Minimum Investment Amount | Minimum of Rs. 100/- and multiples of Re. 1/- thereafter. |
| Additional investment amount | Minimum of Rs. 100/- and multiples of Re. 1/- thereafter |
| Exit Load |
|
| Total Expense Ratios~: | Regular Plan 2.31% Direct Plan 0.57% |
| Month End AUM |
Rs. 634.08 Crore
|
| Monthly Average AUM |
Rs. 596.72 Crore
|
| Regular Plan Growth Option |
11.9299 |
| Regular Plan IDCW Option |
11.9299
|
| Direct Plan Growth Option | 12.0344 |
| Direct Plan IDCW Option |
12.0344
|
| (as on August 30, 2024) |
|
Name of Instrument
|
Industry
|
% to Net
Assets
|
| Equities | 98.69% | |
| Infosys Ltd. | Information Technology | 9.53% |
| Bharti Airtel Ltd. | Telecommunication | 8.75% |
| APPLE INC | Software Products | 5.25% |
| Tech Mahindra Ltd. | Information Technology | 4.68% |
| MICROSOFT CORP | Computers Hardware & Equipments | 4.54% |
| HCL Technologies Ltd. | Information Technology | 4.32% |
| NVIDIA CORPORATION | Computers Hardware & Equipments | 4.06% |
| Zomato Ltd. | Consumer Services | 4.03% |
| Tata Consultancy Services Ltd. | Information Technology | 3.70% |
| PB Fintech Ltd. | Financial Services | 3.51% |
| Persistent Systems Ltd. | Information Technology | 3.30% |
| LTIMindtree Ltd. | Information Technology | 3.13% |
| Coforge Ltd. | Information Technology | 2.92% |
| Mphasis Ltd. | Information Technology | 2.90% |
| Cyient Ltd. | Information Technology | 2.57% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 1.94% |
| Zensar Technologies Ltd. | Information Technology | 1.92% |
| Teamlease Services Ltd. | Services | 1.87% |
| JSW Energy Ltd. | Power | 1.78% |
| Birlasoft Ltd. | Information Technology | 1.44% |
| Sona BLW Precision Forgings Ltd. | Automobile & Auto Components | 1.43% |
| Larsen & Toubro Ltd. | Construction | 1.35% |
| Tata Motors Ltd. | Automobile & Auto Components | 1.34% |
| Tejas Networks Ltd. | Telecommunication | 1.25% |
| Home First Finance Company India Ltd. | Financial Services | 1.22% |
| ABB India Ltd. | Capital Goods | 1.21% |
| Oracle Financial Services Software Ltd. | Information Technology | 1.19% |
| Data Patterns (India) Ltd. | Capital Goods | 1.19% |
| Cyient DLM Ltd. | Capital Goods | 1.14% |
| KPIT Technologies Ltd. | Information Technology | 1.13% |
| BROADCOM INC | Telecom - Equipment & Accessories | 1.11% |
| Tata Communications Ltd. | Telecommunication | 1.02% |
| Rategain Travel Technologies Ltd. | Information Technology | 0.99% |
| TBO Tek Ltd. | Consumer Services | 0.47% |
| ADOBE INC | Software Products | 0.41% |
| SALESFORCE INC | Computers Hardware & Equipments | 0.38% |
| ADVANCED MICRO DEVICES INC | Software Products | 0.35% |
| ACCENTURE PLC | Software Products | 0.35% |
| ORACLE CORPORATION | Computers Hardware & Equipments | 0.34% |
| TEXAS INSTRUMENTS INC | Computers Hardware & Equipments | 0.29% |
| CISCO SYSTEMS INC | Telecom - Equipment & Accessories | 0.28% |
| QUALCOMM INC | Computers Hardware & Equipments | 0.28% |
| IBM | Computers - Software & Consulting | 0.27% |
| SERVICENOW INC. | Computers - Software & Consulting | 0.27% |
| INTUIT INC | Computers - Software & Consulting | 0.27% |
| APPLIED MATERIALS INC | Software Products | 0.24% |
| PALO ALTO NETWORKS INC | Computers Hardware & Equipments | 0.18% |
| ANALOG DEVICES INC | Software Products | 0.17% |
| KLA CORP | Computers Hardware & Equipments | 0.16% |
| MICRON TECHNOLOGY INC | Computers Hardware & Equipments | 0.16% |
| LAM RESEARCH CORPORATION | Computers Hardware & Equipments | 0.16% |
| INTEL CORP | Computers - Software & Consulting | 0.13% |
| ARISTA NETWORKS INC. | Software Products | 0.13% |
| AMPHENOL CORP | Software Products | 0.12% |
| SYNOPSYS INC | Computers - Software & Consulting | 0.12% |
| MOTOROLA SOLUTIONS INC | Computers Hardware & Equipments | 0.11% |
| CADENCE DESIGN SYS INC | Telecom - Equipment & Accessories | 0.11% |
| NXP SEMICONDUCTORS NV | Computers Hardware & Equipments | 0.10% |
| ROPER TECHNOLOGIES INC | Computers Hardware & Equipments | 0.09% |
| AUTODESK INC | Software Products | 0.09% |
| FORTINET INC | Computers Hardware & Equipments | 0.07% |
| TE CONNECTIVITY LTD | Computers - Software & Consulting | 0.07% |
| MONOLITHIC POWER SYSTEM INC | Computers Hardware & Equipments | 0.06% |
| MICROCHIP TECHNOLOGY INC | Computers Hardware & Equipments | 0.06% |
| FAIR ISAAC CORP | Computers Hardware & Equipments | 0.06% |
| COGNIZANT TECH SOLUTIONS | Telecom - Equipment & Accessories | 0.06% |
| GARTNER INC | Computers Hardware & Equipments | 0.06% |
| CORNING INC | Computers Hardware & Equipments | 0.05% |
| HP INC | Computers - Software & Consulting | 0.05% |
| ON SEMICONDUCTOR CORPORATION | Computers Hardware & Equipments | 0.05% |
| CDW CORP/DE | Telecom - Equipment & Accessories | 0.05% |
| ANSYS INC | Software Products | 0.04% |
| KEYSIGHT TECHNOLOGIES INC | Computers Hardware & Equipments | 0.04% |
| NETAPP INC | Computers Hardware & Equipments | 0.04% |
| HEWLETT PACKARD ENTERPRISE CO | IT Enabled Services | 0.03% |
| SEAGATE TECHNOLOGY HOLDINGS PLC | Computers - Software & Consulting | 0.03% |
| WESTERN DIGITAL CORP | Computers Hardware & Equipments | 0.03% |
| PTC INC | Computers Hardware & Equipments | 0.03% |
| TELEDYNE TECHNOLOGIES INC | Computers - Software & Consulting | 0.03% |
| VERISIGN INC | Computers Hardware & Equipments | 0.02% |
| Cash & Other Receivables | 1.31% | |
| TREPS_RED_02.09.2024 | 2.87% | |
| Cash & Cash Equivalent | -1.57% | |
| Grand Total | 100.00% |
|
Total stocks
in portfolio
|
80
|
|
Active
Share
|
81.42%
|
|
Top 10 stocks
|
52.36%
|
|
Net Equity
|
98.69%
|
This Product is suitable for investors who are seeking*:
- Long term capital appreciation
- Investment in equity and equity related instruments of technology and technology related companies.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at Very High Risk
Benchmark Riskometer: BSE TECK TRI
Investors understand that their principal will be at Very High Risk
The scheme has been in existence for less than 6 month, hence performance has not been disclosed
Notes:
1.
The scheme is currently managed by Mr. Sumanta Khan (managing this fund from April 01, 2024). & Co- Fund Manager: Mr Trideep Bhattacharya (managing this fund from March 05, 2024). & Overseas Fund Manager: Mr. Amit Vora (managing this fund from March 05, 2024) Please refer page no. 68-70 for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
2. Active share is the fraction of a fund’s portfolio holdings that deviate from the benchmark index. Source: Bloomberg.