Edelweiss Focused Fund
Direct · GrowthAI Summary
Edelweiss Focused Fund has delivered consistent outperformance versus the NIFTY 50 on a lump-sum basis, with positive alpha across all periods — 6.99% over 1Y, 6.50% over 3Y, and 5.31% over 5Y. However, on the primary SIP XIRR metric, the fund trails its category, with 10.49% over 1Y versus the category average of 11.2% and 11.65% over 3Y versus 15.85%. The 1Y benchmark comparison shows the fund down 5.38% CAGR against the NIFTY 50's 11.35% decline, highlighting relative resilience in a weak market.
The fund has a beta slightly above 1 (1.05 over 3Y), moving roughly in line with the market, and a downside capture of 99.83% over 3Y that is well below its upside capture of 107.86%, indicating a favorable asymmetry. Three drawdown events exceeding 10% have occurred, with the maximum drawdown lasting 193 days and taking 270 days to recover. Calmar ratios of 1.051 (1Y) and 1.0043 (3Y) suggest reasonable risk-adjusted returns relative to drawdown severity.
Detailed holdings and sector allocation data were not provided for this analysis. As a focused fund, it is structurally limited to a concentrated portfolio of up to 30 stocks, which means returns will be driven by a small number of high-conviction positions. Investors should review the latest factsheet for current top holdings and sector weights before investing.
The fund lags its focused-fund peers on SIP XIRR, underperforming the category average by 0.71 percentage points over 1Y and 4.2 percentage points over 3Y. Against the NIFTY 50, however, it has beaten the benchmark over 3Y (10.53% vs 4.15%), 5Y (10.45% vs 5.17%), and longer windows, with alpha persisting though tapering from 5.31% at 5Y to 1.77% at 15Y. Calendar year returns show strong upside years (31.41% in 2023, 24.84% in 2024) but a weak 2026 at -8.4%.
This fund suits investors seeking concentrated, benchmark-beating equity exposure who are comfortable with the higher single-stock risk inherent in a focused mandate. A time horizon of at least 5 years is appropriate given the drawdown recovery periods and the need for alpha to compound. It is best for investors with moderate-to-high risk tolerance who prioritize outperformance versus the NIFTY 50 over category-relative SIP returns.
- Consistent positive alpha versus NIFTY 50 across all measured periods, from 6.99% over 1Y to 1.77% over 15Y
- Favorable capture asymmetry with upside capture of 107.86% exceeding downside capture of 99.83% over 3Y
- Low expense ratio of 0.68% for a Direct focused equity fund
- SIP XIRR underperforms the category average, trailing by 4.2 percentage points over 3Y (11.65% vs 15.85%)
- Three drawdown events exceeding 10%, with the longest recovery taking 270 days, reflecting concentrated-portfolio volatility
Generated on 14-10-2026, 4:09 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.67 L | 18.0% | -18.6% | 61.3% |
| 3 Years | ₹36.00 L | ₹43.43 L | 12.0% | 0.4% | 21.3% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | NIFTY 50 | Category avg | Fund edge |
|---|---|---|---|---|
| 1 Year | 18.0% | 14.3% | 11.2% | +3.7% |
| 3 Years | 12.0% | 11.0% | 15.8% | +0.9% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 17.9% | 13.5% | -6.6% | 50.0% | 0.71 | 3.42 | 90% | — | — |
| 3 Years | 17.1% | 18.2% | 10.4% | 20.8% | 4.11 | — | 100% | — | — |
Calmar Ratio by Duration
Compared against NIFTY 50
| Duration | Alpha | Beta | Upside Capture | Downside Capture | Fund CAGR | Bench CAGR |
|---|---|---|---|---|---|---|
| 1 Year | +5.14 | 1.04 | 103.5% | 97.5% | -5.1% | -9.5% |
| 3 Years | +5.74 | 1.05 | 107.0% | 100.0% | 11.2% | 5.5% |
| 5 Years | +4.89 | 1.02 | 103.6% | 96.0% | 10.8% | 5.9% |
| 7 Years | +3.44 | 1.02 | 103.6% | 96.0% | 7.6% | 4.2% |
| 10 Years | +2.40 | 1.02 | 103.6% | 96.0% | 5.3% | 2.9% |
| 12 Years | +2.00 | 1.02 | 103.6% | 96.0% | 4.4% | 2.4% |
| 15 Years | +1.61 | 1.02 | 103.6% | 96.0% | 3.5% | 1.9% |