Edelweiss US Technology Equity Fund of Fund
(An open ended fund of fund scheme investing in JPMorgan Funds - US Technology Fund)
Data as on 31st October, 2024
| Investment Objective : The primary investment objective of the scheme is to seek to provide long term capital growth by investing predominantly in JPMorgan Funds – US Technology Fund, an equity fund which invests primarily in US technology companies with strong fundamentals. 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 | 5-Mar-20 |
| Benchmark | (Russel 1000 Equal Weighted Technology Index |
| Fund Managers Details | Mr. Bhavesh Jain Experience 16 years Managing Since 05-Mar-2020 Mr. Bharat Lahoti Experience 18 years Managing Since 01-Oct-2021 |
| Minimum Investment Amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter |
| Additional investment amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter |
| Exit Load |
|
| Total Expense Ratios~: | Regular Plan 2.36% Direct Plan 1.45% This includes expense of underlying fund Expense of underlying fund - 0.79% |
| Month End AUM |
Rs. 2,257.55 Crore
|
| Monthly Average AUM |
Rs. 2,291.54 Crore
|
| Regular Plan Growth Option |
23.7120
|
| Direct Plan Growth Option |
24.8132
|
| (as on October 31, 2024) |
|
Name of Instrument
|
Exposure
|
| META PLATFORMS INC COMMON STOCK USD 0.000006 | 5.19% |
| ORACLE CORP COMMON STOCK USD 0.01 | 4.81% |
| NVIDIA CORP COMMON STOCK USD 0.001 | 4.24% |
| TESLA INC COMMON STOCK USD 0.001 | 3.87% |
| NETFLIX INC COMMON STOCK USD 0.001 | 3.43% |
| ALPHABET INC COMMON STOCK USD 0.001 | 3.37% |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD ADR USD | 3.35% |
| AMAZON.COM INC COMMON STOCK USD 0.01 | 3.03% |
| SERVICENOW INC COMMON STOCK USD 0.001 | 2.83% |
| SHOPIFY INC COMMON STOCK CAD | 2.79% |
| ADOBE INC COMMON STOCK USD 0.0001 | 2.57% |
| SYNOPSYS INC COMMON STOCK USD 0.01 | 2.50% |
| ARISTA NETWORKS INC COMMON STOCK USD 0.0001 | 2.15% |
| TRADE DESK INC/THE COMMON STOCK USD 0.000001 | 2.06% |
| MICROSOFT CORP COMMON STOCK USD 0.00000625 | 2.03% |
| LAM RESEARCH CORP COMMON STOCK USD 0.001 | 1.99% |
| VEEVA SYSTEMS INC COMMON STOCK USD 0.00001 | 1.94% |
| UBER TECHNOLOGIES INC COMMON STOCK USD 0.00001 | 1.94% |
| BROADCOM INC COMMON STOCK USD | 1.91% |
| CREDO TECHNOLOGY GROUP HOLDING LTD COMMON STOCK | 1.90% |
| ADVANCED MICRO DEVICES INC COMMON STOCK USD 0.01 | 1.82% |
| ROBINHOOD MARKETS INC COMMON STOCK USD 0.0001 | 1.80% |
| MERCADOLIBRE INC COMMON STOCK USD 0.001 | 1.79% |
| HUBSPOT INC COMMON STOCK USD 0.001 | 1.76% |
| BOOKING HOLDINGS INC COMMON STOCK USD 0.008 | 1.73% |
| NU HOLDINGS LTD/CAYMAN ISLANDS COMMON STOCK USD | 1.72% |
| TAKE-TWO INTERACTIVE SOFTWARE INC COMMON STOCK USD | 1.68% |
| INTUIT INC COMMON STOCK USD 0.01 | 1.68% |
| ALIBABA GROUP HOLDING LTD ADR USD 0.000025 | 1.61% |
| MONOLITHIC POWER SYSTEMS INC COMMON STOCK USD | 1.59% |
| Grand Total | 75.08% |
JPMorgan Funds – US Technology Fund as on 30th September, 2024
|
Period
|
Scheme - Regular Plan |
Benchmark (Russel 1000 Equal Weighted Technology TR 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 |
44.14% |
14,429 |
35.68% |
13,580 |
28.30% |
12,839 |
|
3 Years |
5.07% |
11,604 |
4.69% |
11,478 |
12.35% |
14,195 |
| Since Inception - Edelweiss US Technology Equity Fund of Fund | 20.35% |
23,712 |
17.77% |
21,430 |
19.25% |
22,719 |
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.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss US Technology Equity Fund of Fund. Returns are for Growth Option only. Since Inception returns are calculated on Rs. 10/- invested at inception of the scheme. 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 Mr. Bhavesh Jain (Managing Since 05-Mar-2020) & Mr. Bharat
Lahoti (Managing Since 01-Oct-2021). Please
Click here for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
3. Please note that the scheme is acquired from JPMorgan mutual fund on and from the close of business hours of November 25, 2016, hence disclosure requirement vide SEBI Circular no. SEBI/HO/IMD/DF3/CIR/P/2018/69 dated April 12, 2018 on performance disclosure post consolidation/ Merger of Schemes, prior to acquisition date, is not provided.
This Product is suitable for investors who are seeking*:
- Long term Capital Growth
- Investments predominantly in JPMorgan Funds – US Technology Fund, an equity oriented fund which invests primarily in US technology companies with strong fundamentals
*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: Russel 1000 Equal Weighted
Technology Index
Investors understand that their principal will be at Very High Risk