Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
The scheme seeks to invest in stocks comprising of the MSCI India Domestic & World Healthcare 45 Index with the objective to provide investment returns that, before expenses, closely corresponds to the returns equivalent to the index, subject to tracking errors.
Growthvine rating: 4/5 — ranked #25 of 244 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹24.17 (as of 2026-08-21) |
|---|
| AUM | ₹189 Cr |
|---|
| Expense ratio | 0.90% |
|---|
| Riskometer | Very High |
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| Fund manager | Bhavesh Jain |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 13.17% |
|---|
| Sharpe ratio | 1.04 |
|---|
| Standard deviation | 12.18% |
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| Max drawdown | -16.69% |
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| Alpha | 1.75 |
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| Beta | 0.67 |
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Market cap allocation
| Large cap | 46.5% |
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| Mid cap | 50.8% |
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| Small cap | 2.7% |
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Concentration
| Top 5 holdings | 34.4% |
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| Top 10 holdings | 55.6% |
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| Total holdings | 44 |
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Top holdings
- Sun Pharmaceutical Industries Ltd. — 11.3%
- ELI LILLY & CO — 6.4%
- Divis Laboratories Ltd. — 6.1%
- Apollo Hospitals Enterprises Ltd. — 5.7%
- Max Healthcare Institute Limited — 4.9%
- Cipla Ltd. — 4.7%
- Torrent Pharmaceuticals Ltd. — 4.6%
- JOHNSON & JOHNSON — 4.3%
- Laurus Labs Limited — 4.0%
- Dr. Reddys Laboratories Ltd. — 3.6%
Top sectors
- Pharma & Biotech — 53.3%
- Global Equity — 30.3%
- Healthcare — 16.2%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 16.1% | — | — |
| 2025 | 4.9% | — | — |
| 2024 | 28.9% | — | — |
| 2023 | 24.4% | — | — |
| 2022 | -5.3% | — | — |