Edelweiss Technology Fund

All Cap

Equity

India Super Value

Others

Technology

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 Technology Fund Growth focuses on Indian tech companies for growth-oriented investors.

What This Strategy Does

Edelweiss Technology Fund Reg Gr is an equity thematic fund which captures India's ₹10 trillion digital economy opportunity through concentrated exposure to technology leaders, deploying capital across IT services, software, and digital enablers to achieve benchmark-aligned compounding.

CW Expert Research Notes

Consistent Outperformance

The fund has demonstrated resilient benchmark-relative behavior, outperforming in 2 out of the past 12 years, highlighting its ability to deliver consistent earnings and downside protection.

Concentrated Technology Exposure

With a 67.16% allocation to the technology sector and a 40.75% allocation to giant-cap stocks like TCS and Infosys, the fund offers a differentiated approach to accessing secular growth trends in India's digital economy.

Cyclical Growth Opportunity

Trading at a discount to historical averages, the fund provides an attractive entry point to participate in a potential capex recovery cycle driven by corporate digitalization and 5G infrastructure investments.

Performance and Risk Analysis

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

Fund Performance

17.1% AnnuallyAlpha

+0.0% vs +0.0% benchmarkSince Inception

+0.0% vs +0.0% benchmark3Y Annualized

+0.0% vs +0.0% benchmark5Y Annualized

Edelweiss Technology Fund

Benchmark Index

Benchmark Performance Comparison

Edelweiss Technology Fund

NIFTY 50

Risk Profile

Standard Deviation18.7%

Sharpe Ratio0.14

Beta0.58

Upside Capture97%

Detailed Risks

Market Risk

Potential global recession driven by aggressive monetary tightening could dampen tech spending.

Liquidity Risk

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

Concentration Risk

Concentrated tech sector exposure vulnerable to regulatory crackdowns or supply chain disruptions.

Specific Strategy Risk

Earnings misses or competitive pressures could impair scaling for key holdings.

Strategy Details

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

Core Investment Theme

Provides concentrated exposure to India's technology leaders—companies driving innovation and capitalizing on digital transformation trends. This theme captures the secular growth of the IT services and software sectors, which have demonstrated resilience across economic cycles.

Broader Market View

Market Outlook

Equity markets appear to be entering a mid-cycle phase, with consumption and earnings recovery gaining traction. This normalization backdrop, supported by trends like reviving capex and credit growth, presents an opportune entry point. The strategy's tilt toward consumer, financial services, and technology positions it to capitalize on these dynamics while managing risks like competition and cyclicality.

Why This Strategy is Attractive Now

The strategy seems well-suited for the current environment given its balanced exposure across consumer cyclicals, defensives, financials, and technology. The portfolio's ~70 holdings include market leaders poised to benefit from demand revival. With a moderate beta, diversification, and flexibility, the strategy appears positioned to navigate risks while participating in cyclical upside potential.

Investment Style & Process

Investment Style

The portfolio exhibits characteristics of a Quality Growth approach, emphasizing companies with durable competitive advantages, consistent earnings growth, and reasonable valuations relative to their long-term potential.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth strategy can offer a compelling combination of resilience and upside participation, balancing defensive attributes with exposure to secular growth opportunities.

High-Level Investment Process

Sourcing: The strategy appears to seek companies with sustainable competitive advantages, strong balance sheets, and attractive growth runways, drawing from a broad investment universe across market capitalizations and sectors. Selection: The process suggests a preference for businesses with durable pricing power, efficient capital allocation, and the ability to compound earnings and cash flows over an extended period. Construction: Portfolio construction is consistent with a focus on risk management through diversification, with an emphasis on limiting factor, sector, and stock-specific risks relative to the benchmark.

Portfolio Holdings Overview

SectoralAllocation

Technology68.43%

Services11.73%

Utilities1.74%

Consumers9.65%

Financial Services4.14%

Capital Goods4.3%

Geographic Allocation

Domestic70.66301%

International29.33699%

Top Stock Holdings

CompanySectorAllocation

Bharti Airtel LtdServices10.33%

Infosys LtdTechnology7.16%

NVIDIA CorpTechnology6.39%

Tech Mahindra LtdTechnology6.04%

Apple IncTechnology5.37%

Mphasis LtdTechnology4.53%

Ather Energy LtdConsumers4.36%

Microsoft CorpTechnology4.15%

HCL Technologies LtdTechnology3.89%

LTM LtdTechnology3.70%

Fund House Management

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

Fund Manager Track Record

Raj Koradia

Mr. Raj Koradia has experience of 9 years. Manages 65 funds at Edelweiss Asset Management Limited with an AUM of approximately ₹23,450 Cr Holds a B.Com degree.

53 years

Combined Team Experience

₹ 73,047 Cr

Assets Under Management

Sumanta Khan

Co-Portfolio Manager

Mr. Sumanta Khan has experience of 20 years. Manages 22 funds at Edelweiss Asset Management Limited with an AUM of approximately ₹1,776 Cr Holds a B.Tech degree.

Amit Vora

Co-Portfolio Manager

Amit Vora has experience of 5 years. Manages 91 funds at Edelweiss Asset Management Limited with an AUM of approximately ₹23,878 Cr

Trideep Bhattacharya

Co-Portfolio Manager

Mr. Trideep Bhattacharya has experience of 17 years. Manages 89 funds at Edelweiss Asset Management Limited with an AUM of approximately ₹23,943 Cr Holds a MBA 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 Expertise

Edelweiss AMC employs a focused investment approach in technology companies.

Disciplined Process

Portfolio construction follows a disciplined, research-driven process with rigorous analysis.

Risk Awareness

Risk management is integral, with emphasis on volatility and drawdown control.

Operational & Regulatory Details

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

Costs and Fees

Total Expense Ratio (TER)2.35%

Exit Load1

Regulatory & Tax Information

INF754K01SG1

ISIN

DailyDealing Frequency

Nifty IT TR INRBenchmark

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

STCG | <1Year 20%%

Tax Implications (India)