3 Year return

9.88%
Launched on February 2020 (4 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹2148.93 Cr.

Expense Ratio

1.41% (inclusive of GST)

Exit Load

1.00% - If redeemed / switched out on or befoe 90 days from the date of allotment. Nil - If redeemed / switched out after 90 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

There are no records found for Tax Implications.

Fund Holdings

Holdings

Edelweiss Mutual Fund Managers

BJ

Bhavesh Jain

Fund Manager since Sep 2019

View Details

Fund House Details

Edelweiss Mutual Fund

Edelweiss Mutual Fund Asset management company

AUM ₹147,767.86 Cr.
No. of Schemes 153
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Edelweiss Mutual Fund

List of mutual fund schemes by AMC

About Edelweiss US Technology Equity Fund of Fund Direct Plan-Growth

Edelweiss US Technology Equity Fund of Fund Direct Plan-Growth is an open-ended Fund-of-Funds by the Edelweiss Mutual Fund. The fund falls within the sectoral/thematic/international category of funds, enabling investors to be exposed to the potential evolution of U.S. technology companies. Since this scheme is a fund-of-funds, it invests in the JP Morgan Fund that concentrates on specific American technology companies and their stocks.

Investment Objective of the Scheme

The investment objective of Edelweiss US Technology Equity Fund of Fund Direct Plan-Growth is to create capital appreciation by investing in an international mutual fund. The underlying JP Morgan Fund primarily invests in technology-based businesses that are listed on American exchanges. The fund aims to offer Indian investors a chance to partake in the growth story of some of the potential leaders in the technology industry.

Key Features of The Fund

5-year return NA
Expense Ratio 1.41%
Fund Manager Bhavesh Jain
Fund Size ₹2148.93 Cr
Risk Profile Very High

Is This Scheme Right for Me?

You may want to invest in the Edelweiss US Technology Equity Fund of Fund Direct Plan-Growth plan if you can possibly visualise the long-term growth potential of the American technology industry. Apart from this, you may want to diversify your portfolio. Finally, you may be interested in the technology sector as your thematic choice. While you think of fund investment, you must consider your unique financial aims and choose investments accordingly.

AMC Contact Details

Name Edelweiss Mutual Fund
Launch Date 2009
Addresss Edelweiss House, Off. C.S.T Road, Kalina, Mumbai - 400 098
Contact 1800 425 0090
Email EMFHelp@edelweissmf.com
Website https://www.edelweissmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Invest With Confidence, Choose the Right SIP

Assess your risk tolerance through a straightforward questionnaire and craft a SIP plan that aligns perfectly with your financial aspirations. With a clear understanding of your risk appetite, you can make informed investment choices tailored to your unique circumstances. By striking the right balance, you'll pave the way for long-term financial stability and success. Use our SIP return calculator for aid.

FAQs

What is today's NAV of Edelweiss US Technology Equity Fund of Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Edelweiss US Technology Equity Fund of Fund Jun 18 2024 is 24.6577

What is the AUM of Edelweiss US Technology Equity Fund of Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Edelweiss US Technology Equity Fund of Fund is 2148.93 crore.

What is the expense ratio of Edelweiss US Technology Equity Fund of Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Edelweiss US Technology Equity Fund of Fund is 1.41%

What are the returns of Edelweiss US Technology Equity Fund of Fund since inception?

The Edelweiss US Technology Equity Fund of Fund was launched on Feb 14 2020. The fund has delivered a CAGR of 23.18 since inception.

What is the minimum SIP amount to invest in Edelweiss US Technology Equity Fund of Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Edelweiss US Technology Equity Fund of Fund is 100.

How do I invest in Edelweiss US Technology Equity Fund of Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Edelweiss US Technology Equity Fund of Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Edelweiss US Technology Equity Fund of Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Edelweiss US Technology Equity Fund of Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.