Edelweiss Multi Cap Fund

The Edelweiss Multi Cap Fund delivered a 1-year SIP XIRR of 10.56%, which is below the category average of 15.06% for the same period, indicating underperformance relative to peers. Over longer horizons, the fund has consistently outperformed the NIFTY 50 benchmark, with a 3-year fund CAGR of 18.5% versus 8.18% for the benchmark, and a 5-year CAGR of 10.72% versus 4.83%. However, the fund's 1-year return of 10.03% (CAGR) contrasts sharply with the benchmark's -2.9%, showing strong relative performance in the recent period.

The fund exhibits a maximum drawdown of -20.19% with a recovery period of 486 days, indicating moderate downside risk and a prolonged recovery from significant market declines. The Calmar ratio of 0.50 for the 1-year period suggests modest risk-adjusted returns relative to the drawdown experienced. With a beta of approximately 1.02, the fund's volatility is closely aligned with the market, but its downside capture of 87.9% (1Y) indicates it falls less than the benchmark during downturns, providing some downside protection.

The fund is a multi-cap strategy, which typically invests across large, mid, and small-cap stocks, offering broad diversification. While specific top holdings and sector weights are not provided, the multi-cap structure inherently reduces concentration risk compared to single-cap funds. The fund's expense ratio of 0.47% is competitive, which can enhance net returns for investors over time.

The fund's 1-year SIP XIRR of 10.56% is significantly below the category average of 15.06%, placing it in the lower quartile of multi-cap funds for recent performance. However, its long-term CAGR outperformance against the benchmark (e.g., 10.72% vs 4.83% over 5 years) suggests it has historically added value, though category averages for longer periods are not directly comparable. The fund's calendar year returns show volatility, with a strong 29.93% in 2024 but only 2.82% in 2025, indicating inconsistent year-to-year performance.

This fund is suitable for investors with a long-term horizon (5+ years) who can tolerate moderate drawdowns and are seeking diversified equity exposure across market capitalizations. It may appeal to those who value downside protection relative to the benchmark, as evidenced by its lower downside capture ratios. However, given its recent underperformance versus the category, investors should have realistic expectations and consider it as part of a broader portfolio rather than a standalone high-growth option.

• Consistent long-term outperformance over the NIFTY 50 benchmark, with alpha of 10.28% over 3 years and 5.93% over 5 years.
• Lower downside capture (87.9% over 1Y) indicates the fund falls less than the benchmark during market declines, offering some capital protection.
• Competitive expense ratio of 0.47% (Direct plan) which is lower than many peers, potentially boosting net returns.

• 1-year SIP XIRR of 10.56% is well below the category average of 15.06%, indicating recent underperformance relative to multi-cap peers.
• Maximum drawdown of -20.19% with a recovery period of 486 days may test investor patience during prolonged market downturns.