Edelweiss Large Cap Fund

Edelweiss Large Cap Fund has delivered consistent SIP XIRR of 14.66% to 15.50% across 3Y to 10Y horizons, outperforming the category average SIP XIRR of roughly 14.0-14.4% in every period. Against the NIFTY 50, the fund has generated positive alpha of 2.89% to 5.00% across all measured windows, with the 1Y alpha at 5.00% (fund CAGR 2.3% vs benchmark -2.9%). Long-term lump-sum CAGR of 13.18% over 12 years versus the benchmark's 9.79% demonstrates meaningful outperformance.

The fund shows a beta below 1 (0.91-0.98) with downside capture consistently under 93%, indicating it falls less than the NIFTY 50 during declines while still capturing 93-98% of upside. Seven drawdown events exceeding 10% have occurred, though the current maximum drawdown is shallow at -0.35% with a 39-day duration, though recovery took 227 days. Calmar ratios of 0.41-0.46 across horizons reflect solid risk-adjusted returns relative to drawdown risk.

Detailed holdings and sector allocation data were not provided in this dataset, so specific top holdings and concentration levels cannot be assessed. As a Large Cap Fund under SEBI categorization, the portfolio is mandated to hold at least 80% in large-cap equities, which supports diversification across established companies. Investors should review the latest factsheet for current stock and sector exposure before investing.

The fund beats the category average SIP XIRR across all horizons, with the widest gaps at 1Y (16.86% vs 14.08%) and 3Y (14.66% vs 14.28%), indicating sustained peer leadership rather than a short-term spike. Calendar year returns show strong consistency, with positive returns in 13 of 14 years and only modest gains in weak years like 2015 (1.41%) and 2016 (0.83%). This pattern of limiting losses in down years underpins its long-term compounding advantage.

This fund suits investors seeking core large-cap exposure with moderate volatility and a preference for downside protection, ideally with a horizon of 5 years or more to fully realize its compounding advantage. It is appropriate for SIP investors given its consistent XIRR outperformance versus both peers and benchmark. Investors should tolerate occasional drawdowns exceeding 10% during market corrections, as seen seven times historically.

• Consistent alpha over NIFTY 50 across all periods from 1Y to 15Y, ranging from 2.89% to 5.00%
• SIP XIRR beats the category average in every measured horizon (e.g., 10Y: 15.50% vs 14.37%)
• Favorable downside capture (89-92%) with beta below 1, limiting losses in market declines while retaining 93-98% of upside

• Seven drawdown events exceeding 10% have occurred historically, and the 227-day recovery from the latest max drawdown shows downside episodes can take time to heal
• Upside capture below 100% (93-98%) means the fund slightly lags the index in strong rallies, which may disappoint investors seeking full market participation