Edelweiss US Technology Equity Fund of Fund

All Cap

Equity

Global

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 Us Technology Equity Fund Of Fund Growth invests in leading US companies for international diversification.

What This Strategy Does

Edelweiss US Technology Equity Fund of Fund Regular Growth is an international equity fund which captures the $5 trillion US technology sector through a focused portfolio of leading technology companies, deploying capital across software, internet, and semiconductor themes to achieve broad-based earnings growth.

CW Expert Research Notes

Concentrated Technology Exposure

The fund exhibits a substantial overweight to the technology sector at 70.59% versus the benchmark, reflecting a high-conviction view on secular growth trends and earnings delivery in the space.

Large-Cap Tilt

With 68.24% allocated to large- and giant-cap names, the strategy expresses a quality bias and potential for downside protection during volatile periods.

Cyclical Growth Opportunity

Overweights to consumer cyclicals and industrials suggest the fund could participate in an economic rebound, while the valuation appears reasonable given the growth orientation.

Performance and Risk Analysis

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

Fund Performance

0.0% AnnuallyAlpha

+22.4% vs +12.1% benchmarkSince Inception

+26.6% vs +6.0% benchmark3Y Annualized

+13.8% vs +6.3% benchmark5Y Annualized

Edelweiss US Technology Equity Fund of Fund

Benchmark Index

Benchmark Performance Comparison

Edelweiss Us Technology Equity Fund

NIFTY 50

Risk Profile

Standard Deviation21.8%

Maximum Drawdown-21.8% | Feb 2025

Sharpe Ratio1.04

Detailed Risks

Market Risk

Potential recession and tech spending cuts could undermine fund's concentrated tech exposure.

Liquidity Risk

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

Concentration Risk

Concentrated tech sector exposure leaves fund vulnerable to regulatory scrutiny.

Specific Strategy Risk

Competitive pressures and margin erosion could impair tech earnings growth.

Strategy Details

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

Core Investment Theme

Provides concentrated exposure to the world's leading technology companies, capturing innovation-driven growth from the sector reshaping global business models. This high-conviction approach bets on sustained dominance from cash-generative platform leaders.

Broader Market View

Market Outlook

Equity markets appear to be in the early stages of a recovery phase, offering an attractive entry point as consumption and earnings normalize. Sectors geared towards domestic demand, such as consumer, financials and industrials, stand to benefit from this environment, although margin pressures and cyclicality remain key risks.

Why This Strategy is Attractive Now

This strategy appears well-positioned for the current market landscape with exposure across consumer cyclicals, defensives, financials and technology. The portfolio's diversification across market leaders and around 70 holdings, coupled with a moderate risk profile, aligns it with the normalization theme while providing flexibility to navigate volatility.

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 relative to their growth prospects.

Why it Makes Sense

In the current environment of moderating economic growth and elevated uncertainty, a Quality Growth approach can provide exposure to companies with resilient business models, pricing power, and the ability to compound earnings through cycles.

High-Level Investment Process

Sourcing: The strategy appears to seek companies with sustainable competitive advantages, strong balance sheets, and attractive growth runways, sourced through fundamental research and industry expertise. Selection: The selection process suggests a preference for businesses with durable pricing power, high returns on capital, and the ability to reinvest cash flows at attractive rates, while maintaining valuation discipline. Construction: Portfolio construction is consistent with a focus on risk management through diversification across sectors and market capitalizations, with an emphasis on active share and limiting potential sources of unintended risk.

Portfolio Holdings Overview

SectoralAllocation

Services19.47%

Technology62.02%

Consumers12.55%

Capital Goods0.96%

Energy & Infra0.79%

Financial Services4.22%

Geographic Allocation

International100%

Top Stock Holdings

CompanySectorAllocation

JPM US Technology I (acc) USDUtilities97.11%

Clearing Corporation Of India Ltd.Utilities3.18%

Accrued InterestUtilities0.00%

Net Receivables/(Payables)Utilities-0.28%

Fund House Management

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

Fund Manager Track Record

Bharat Lahoti

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.

38 years

Combined Team Experience

₹ 69,979 Cr

Assets Under Management

Bhavesh Jain

Co-Portfolio Manager

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.

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 concentrates on sectors where it possesses deep domain knowledge.

Disciplined Approach

The fund house follows a rigorous, research-driven investment process and philosophy.

Risk Management

Risk management is embedded in Edelweiss's investment framework and decision-making.

Operational & Regulatory Details

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

Costs and Fees

Total Expense Ratio (TER)2.39%

Exit Load1

Regulatory & Tax Information

INF754K01LC5

ISIN

DailyDealing Frequency

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

STCG | <1Year 20%%

Tax Implications (India)