Investment Objective

The investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities focused on smaller companies. Generally, the universe will be the companies constituting the bottom fourth by way of market capitalization of stocks listed on the NSE or the BSE. The fund manager may from time to time include other equity and equity related securities outside the universe to achieve optimal portfolio construction. However, there can be no assurance that the investment objective of the scheme will be realised.

     Fund Details

Name of the scheme
Edelweiss Mid and Small Cap Fund
Scheme type
An open-ended equity growth scheme
Allotment date
Regular Plan26-Dec-2007
Direct Plan1-Jan-2013
Entry loadNot Applicable
Exit load
• If the Units are redeemed / switched out on or before 12 months from the date of allotment – 1.00%
• If the Units are redeemed / switched out after 12 months from the date of allotment – Nil
Fund managers
Fund Manager:Mr. Harshad Patwardhan
Experience: 23 years
Assistant Fund Manager:Mr. Amit Gadgil
Experience: 15 years
Managing the scheme(since)
Mr. Harshad Patwardhan26-Dec-07
Mr. Amit Gadgil26-Dec-07
For all Plans
Minimum investment amount
Rs. 5000/- per application & in multiples of Re. 1/- thereafter
Additional investment amount
Rs. 1000/- per application & in multiples of Re. 1/- thereafter
Quantitative indicators as on March 31, 2017
Standard deviation 19.12%
Sharpe ratio** 1.06
Portfolio Beta 1.10
Portfolio Turnover Ratio^ 1.04
**Risk free rate of return (FIMMDA Overnight MIBOR) 7.37%
Total stocks in portfolio 64
Top 10 stocks25.18
Active positive bets
Total portfolio71.29%
Note: Active positive bets are those where the fund has a higher weightage as compared to the benchmark Nifty Free Float Midcap 100. Source: Bloomberg.
Total Expense Ratios~:
Regular Plan 2.47%
Direct Plan 1.97%
~Does not include Service Tax on Investment Management fees.
Benchmark: Nifty Free Float Midcap 100
NAV (as at 31st March 2017, in Rs.)
Direct Plan Dividend Option 23.1270
Direct Plan Growth Option 24.0360
Regular Plan Dividend Option 21.2940
Regular Plan Growth Option 23.0980
AUM as on 31 March 2017
Rs. 469.43 Crore
Average AUM as on March 2017
Rs. 460.69 Crore

     Top 20 Equity Holdings as on Mar 31,2017

Name of InstrumentIndustry% to Net Assets
Rural Electrification Corporation Ltd. Finance 2.89
Yes Bank Ltd. Banks 2.81
IndusInd Bank Ltd. Banks 2.64
MRF Ltd. Auto Ancillaries 2.63
Kansai Nerolac Paints Ltd. Consumer Non Durables 2.59
Punjab National Bank Banks 2.52
Petronet LNG Ltd. Gas 2.50
The Federal Bank Ltd. Banks 2.28
City Union Bank Ltd. Banks 2.21
Havells India Ltd. Consumer Durables 2.11
Whirlpool of India Ltd. Consumer Durables 2.08
The Ramco Cements Ltd. Cement 2.04
Torrent Pharmaceuticals Ltd. Pharmaceuticals 2.00
Indraprastha Gas Ltd. Gas 1.88
Jubilant Life Sciences Ltd. Pharmaceuticals 1.87
CEAT Ltd. Auto Ancillaries 1.84
Cholamandalam Investment & Fin Co Ltd. Finance 1.82
Supreme Industries Ltd. Industrial Products 1.81
Vakangee Ltd. Software 1.73
Gruh Finance Ltd. Finance 1.72

      Industry Allocation- % of Equity Holdings

      Portfolio analysis: Market cap-wise

     SIP Performance as on Mar 31,2017

If you had invested ₹ 10,000 every month
 1 Year3 Year5 Year
Total Amount Invested 120,000 360,000 600,000
Total Value as on 31-Mar-2017 134,975 468,167 1,129,185
Returns 24.05% 17.85% 25.61%
Total Value of Nifty Free Float Midcap 100 140,984 484,976 1,030,770
Total Value of Nifty 50131,278 408,408 793,799
Nifty Free Float Midcap 100 Returns34.12% 20.37% 21.81%
Nifty 50 Returns 17.97% 8.38% 11.15%
For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future

     Dividend history

Record dateRate (Re/unit)Record date dividend NAV
Regular Plan Dividend Option
20-Mar-15 1.5000 17.8430

After payment of dividend, the NAV will fall to theextent of dividend payout and statutory levy (ifapplicable). Past performance may or may notbe sustained in future. Dividend is declared onthe face value of Rs. 10/- per unit

     Fund Performance as on Mar 31,2017

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. * CAGR Return.
Please note: Standard deviation and Sharpe ratio are annualized.
^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on March 31, 2017

     Product label

This product is suitable for investors who are seeking*
• Long Term Capital Growth
• Investments predominantly in equity and equity related securities focused on smaller companies (generally,the universe will be the companies constituting the bottom fourth by way of market capitalization of stockslisted on the National Stock Exchange or Bombay Stock Exchange.) ^
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them. ^The Fund Manager may from time to time include other equity and equity related securities outside the universe to achieve optimal portfolio construction
Riskometer
Investors understand that their principal will be at High Risk
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular and Direct Plan of Edelweiss Mid and Small Cap Fund. Returns are for Growth Option only. Since Inception returns are calculated on Rs. 10/- invested at inception of the scheme.
2. The scheme is currently managed by Harshad Patwardhan (managing this fund from December 26, 2007) and Mr. Amit Gadgil (Managing this fund from December 26, 2007). Please refer page no. 30 & 31 for name of the other schemes currently managed by the Fund Managers.
3. # Based on standard investment of Rs 10,000 made in the beginning of the respective period.
4. $ Standard Benchmark prescribed by SEBI vide circular August 22, 2011.
5. In case the start/end date is non business day, the NAV of previous day is used for computation.
6. For the performance of other Schemes managed by the Fund Managers, please refer to the relevant scheme.