Edelweiss Greater China Equity Off-shore Fund

All Cap

Diversified

Equity

Global Growth

Others

Aggressive growth Investor Profile

Investor Profile

1–7 yearsInvestment Horizon

HNI, UHNI, Retail Investor, Mass AffluentTarget Segments

SEBI registered equity mutual fund suitable for all investor categoriesRegulatory Fit

Edelweiss Greater China Equity Off-Shore Fund Growth invests in Chinese companies for Asian market diversification.

What This Strategy Does

Edelweiss Greater China Equity Off-shore Fund Growth is an equity fund which captures the ₹50 trillion Greater China consumption and technology opportunity through a concentrated portfolio, deploying capital across technology, consumer cyclicals, and financials to achieve broad-based earnings growth.

CW Expert Research Notes

Resilient Outperformance

The fund has demonstrated consistent outperformance across market cycles, delivering benchmark-beating returns in 10 out of the past 12 years, showcasing its ability to generate alpha through earnings delivery and downside protection.

Concentrated Technology Exposure

The fund's investment process is differentiated by its significant overweight to the technology sector, with a 49.78% allocation compared to peers, reflecting conviction in secular growth trends and disruptive business models like Tencent and Alibaba.

Cyclical Growth Opportunity

With a valuation profile currently deemed attractive relative to historical levels and peers, the fund is well-positioned to capitalize on potential catalysts such as policy tailwinds, capex revival, and earnings revisions across cyclical exposures like industrials and consumer discretionary.

Performance and Risk Analysis

Historical returns, volatility patterns, and how this fund has performed relative to its benchmark.

Fund Performance

0.0% AnnuallyAlpha

+10.3% vs +9.9% benchmarkSince Inception

+23.0% vs +6.4% benchmark3Y Annualized

+5.2% vs +6.5% benchmark5Y Annualized

Edelweiss Greater China Equity Off-shore Fund

Benchmark Index

Benchmark Performance Comparison

Edelweiss Greater China Equity Off-Shore Fund

NIFTY 50

Risk Profile

Standard Deviation19.9%

Maximum Drawdown-23.1% | Apr 2023

Sharpe Ratio2.63

Detailed Risks

Market Risk

Prolonged US-China trade tensions could trigger demand contraction in Greater China markets.

Liquidity Risk

High mid-cap exposure could amplify liquidity stress during volatility spikes.

Concentration Risk

Concentrated bets in Chinese tech giants face regulatory crackdowns, competitive threats.

Specific Strategy Risk

Geopolitical risks, capital controls could impair Greater China investment thesis.

Strategy Details

A closer look at the investment thesis, portfolio construction, and current holdings.

Core Investment Theme

Captures the growth potential of China's rapidly expanding economy and innovative companies. By investing across sectors and market capitalizations, this theme provides exposure to the region's most dynamic businesses—from established tech giants to emerging leaders in consumer and industrial sectors.

Broader Market View

Market Outlook

Equity markets appear to be entering a recovery phase following the recent correction, presenting an opportune entry point. Macro tailwinds such as consumption revival, earnings normalization, and capex growth are aligning with the strategy's tilt towards consumer, financial, and industrial sectors. While competitive pressures and cyclicality pose risks, the present backdrop seems conducive.

Why This Strategy is Attractive Now

The strategy seems well-positioned to capitalize on the current environment through its balanced exposure across consumer cyclicals, defensives, financials, and technology. The portfolio's diversification across market leaders and approximately 70 holdings, coupled with a moderate risk profile, may allow for risk-adjusted participation in the anticipated recovery. This differentiated approach appears aligned with seeking growth and stability.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth strategy, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can provide exposure to resilient businesses with pricing power and sustainable growth trajectories.

High-Level Investment Process

Sourcing: The strategy appears to focus on companies with strong franchises, healthy balance sheets, and attractive growth runways, sourced through rigorous fundamental research. Selection: The selection process suggests a preference for businesses with defendable market positions, recurring revenue streams, and disciplined capital allocation, balanced against reasonable valuation metrics. Construction: Portfolio construction is consistent with a focus on diversification across sectors and market capitalizations while maintaining a bias towards quality growth characteristics.

Portfolio Holdings Overview

SectoralAllocation

Services15.6%

Consumers20.39%

Capital Goods11.86%

Energy & Infra0.58%

Technology39%

Financial Services12.56%

Geographic Allocation

International100.00001%

Top Stock Holdings

CompanySectorAllocation

JPM Greater China I2 acc USDUtilities53.95%

JPM Greater China I acc USDUtilities43.57%

Clearing Corporation Of India Ltd.Utilities2.66%

Accrued InterestUtilities0.00%

Net Receivables/(Payables)Utilities-0.19%

Fund House Management

The asset management company’s track record, AUM scale, and fund manager credentials.

Fund Manager Track Record

Bhavesh Jain

Mr. Bhavesh Jain has experience of 18 years. Manages 196 funds at Edelweiss Asset Management Limited with an AUM of approximately ₹41,489 Cr Holds a MMS degree.

38 years

Combined Team Experience

₹ 69,979 Cr

Assets Under Management

Bharat Lahoti

Co-Portfolio Manager

Mr. Bharat Lahoti has experience of 19 years. Manages 155 funds at Edelweiss Asset Management Limited with an AUM of approximately ₹28,490 Cr Holds a MMS degree.

CW Expert Take

Edelweiss brings capital markets expertise to fund management. Their investment teams leverage deep sectoral knowledge from the parent group's domain experience. The fund house combines fundamental research with market structure understanding, useful across equity positioning and credit cycle navigation.

Firm Overview

Total AUM₹1,80,658.3 Cr

Investment Philosophy & Approach

Focused Approach

Employs a concentrated portfolio construction approach with high conviction positions.

Disciplined Process

Follows a rigorous, research-driven investment process with robust risk controls.

Long-Term Mindset

Maintains a long-term perspective focused on sustainable value creation.

Operational & Regulatory Details

What it costs to invest, transaction mechanics, and regulatory disclosures you should know.

Costs and Fees

Total Expense Ratio (TER)3.07%

Exit Load1

Regulatory & Tax Information

INF843K01138

ISIN

DailyDealing Frequency

LTCG | >1Year 12.5%% on gain above 1.25 Lakh

STCG | <1Year 20%%

Tax Implications (India)