An open ended Equity scheme replicating MSCI India Domestic & World Healthcare 45 Index
| Investment Objective : The Scheme will 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. 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 | 26-Oct-2020 |
| Benchmark | MSCI India Domestic & World Healthcare 45 Index |
| Fund Managers Details | Mr. Bhavesh Jain Experience 16 years Managing Since 01-Oct-2021 Mr. Amit Vora (for investments in foreign securities) Experience 16 years Managing Since 12-Feb-2021 |
| 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. |
| Plan/Options | Direct and Regular Plan with Growth and IDCW Reinvestment, Payout & Sweep |
| Exit Load | NIL |
| Total Expense Ratios~ | Regular 1.03% Direct 0.50% |
| Tracking Error: | Regular: 0.89% |
| Tracking error is annualised and is calculated based on data since inception. | |
| Month End AUM ` |
Rs. 159.58 Crore
|
| Monthly Average AUM |
Rs. 151.92 Crore
|
| Regular Plan - Growth |
20.1127
|
| Regular Plan - IDCW |
20.1127
|
| Direct Plan - Growth |
20.5657
|
| Direct Plan - IDCW |
20.5657
|
| (as on August 30, 2024) |
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| Equities | 99.86% | |
| SUN PHARMACEUTICAL INDUSTRIES LTD | Healthcare | 13.72% |
| CIPLA LTD | Healthcare | 6.77% |
| DR. REDDY'S LABORATORIES LTD | Healthcare | 6.51% |
| APOLLO HOSPITALS ENTERPRISES LTD | Healthcare | 5.44% |
| MAX HEALTHCARE INSTITUTE LIMITED | Healthcare | 5.22% |
| ELI LILLY & CO | Pharmaceuticals | 5.21% |
| DIVI'S LABORATORIES LTD | Healthcare | 4.70% |
| LUPIN LTD | Healthcare | 3.99% |
| AUROBINDO PHARMA LTD | Healthcare | 3.24% |
| NOVO-NORDISK A/S-SPONS ADR | MISCELLANEOUS | 3.03% |
| TORRENT PHARMACEUTICALS LTD | Healthcare | 2.73% |
| JOHNSON & JOHNSON | Pharmaceuticals | 2.68% |
| ABBVIE INC | Biotechnology | 2.35% |
| FORTIS HEALTHCARE LTD | Healthcare | 2.14% |
| MERCK & CO. INC. | Pharmaceuticals | 2.01% |
| MANKIND PHARMA LTD. | Healthcare | 1.97% |
| GLENMARK PHARMACEUTICALS LTD | Healthcare | 1.95% |
| NOVARTIS AG - SPONSORED ADR | Pharmaceuticals | 1.61% |
| THERMO FISHER SCIENTIFIC INC | Healthcare | 1.59% |
| IPCA LABORATORIES LTD | Healthcare | 1.55% |
| ABBOTT LABORATRIES | Health Care Equipment | 1.33% |
| LAURUS LABS LIMITED | Healthcare | 1.29% |
| DANAHER CORP | Healthcare | 1.27% |
| SYNGENE INTERNATIONAL LTD | Healthcare | 1.20% |
| AMGEN INC | Healthcare | 1.20% |
| BIOCON LTD | Healthcare | 1.18% |
| INTUITIVE SURGICAL INC | Healthcare | 1.17% |
| GLAND PHARMA LIMITED | Healthcare | 1.09% |
| J. B. CHEMICALS & PHARMA LTD | Healthcare | 1.07% |
| AJANTA PHARMA LTD | Healthcare | 1.06% |
| DR. LAL PATH LABS LTD | Healthcare | 1.01% |
| GLAXOSMITHKLINE PHARMACEUTICALS LTD | Healthcare | 0.95% |
| SUVEN PHARMACEUTICALS LTD | Healthcare | 0.87% |
| VERTEX PHARMACEUTICAL - COM STK USD0.01 | Healthcare | 0.86% |
| STRYKER CORP | Healthcare | 0.84% |
| MEDTRONIC PLC | Healthcare | 0.79% |
| NARAYANA HRUDAYALAYA LTD | Healthcare | 0.71% |
| GLOBAL HEALTH LTD. | Healthcare | 0.69% |
| GILEAD SCIENCES INC - COM USD0.001 (CLP) | Biotechnology | 0.67% |
| PFIZER LTD | Healthcare | 0.65% |
| BECTON DICKINSON AND CO | Healthcare | 0.47% |
| IQVIA HOLDINGS INC | Healthcare | 0.31% |
| AGILENT TECHNOLOGIES INC | Healthcare | 0.28% |
| SANOFI CONSUMER HEALTHCARE INDIA LIMITED | Healthcare | 0.21% |
| MODERNA INC - COM USD0.0001 | Pharmaceuticals | 0.17% |
| ILLUMINA INC | Healthcare | 0.14% |
| GRAIL INC - COM USD0.001 WI | Healthcare | 0.00% |
| Cash & Other Receivables | 0.14% | |
| TREPS_RED_02.09.2024 | 0.28% | |
| Cash & Cash Equivalent | -0.15% | |
| Grand Total | 100.00% |
|
Period
|
Scheme - Regular Plan |
Benchmark (MSCI India Domestic & World Healthcare 45 Index#) |
Additional Benchmark (Nifty 50 TR Index) |
|||
|
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
|
|
1 Year |
42.47% |
14,247 |
43.84% |
14,384 |
32.64% |
13,264 |
3 Years |
15.53% |
15,421 |
15.39% |
15,365 |
15.17% |
15,274 |
|
Since Inception - Regular Plan |
19.92% |
20,113 |
20.37% |
20,402 |
23.42% |
22,469 |
Past performance may or may not be sustained in future and
should not be used as a basis for comparison with other investments.
Notes:
1. The performance details provided herein are of Edelweiss MSCI India Domestic & World Healthcare
45 Index Fund. Since Inception
returns are calculated on Rs. 10/- invested at 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 Amit
Vora (managing this fund from
February 12, 2021) Click
here for name of the other schemes currently managed by the Fund Managers and relevant scheme
for performance.
Disclaimer of MSCI: MSCI Inc. (“MSCI”), is the Index Service Provider. MSCI has been formed with the objective of providing a variety of indices and index related services and products for the capital market. MSCI India Domestic & World Healthcare 45 Index, the underlying index for the Scheme, has been licensed from MSCI. MSCI India Domestic & World Healthcare 45 Index, is a public Index. The index values are calculated by MSCI on daily basis and put up on the MSCI website https://www.msci.com/index country membership tool.
Disclaimer of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'. The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE (formerly known as India Index Services & Products Limited (IISL)). NSE does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in “the Product” linked to MSCI India Domestic & World Healthcare 45 Index or particularly in the ability of the MSCI India Domestic & World Healthcare 45 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the MSCI India Domestic & World Healthcare 45 Index in the in the Scheme Information Document.
This Product is suitable for investors who are seeking*:
*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: MSCI India Domestic
& World Healthcare 45 Index
Investors understand that their principal will be at Very High Risk