With 46.37% Returns In 2 Years, This FoF Is Good To Add To Your Portfolio

Investing comes in various forms and helps in diversifying the portfolio and also helps in reducing the risk level. In simple words, diversification means spreading your portfolio investments across low-risk and high-risk investments based on your risk profile, return requirement, and investment period. FoF is one of the investment instruments that help in diversifying the portfolio. The same goes for this FoF that we have highlighted here. This FoF has performed good in the long term and given good returns in 2 years of investment. Check out the returns and the investments.

Edelweiss ASEAN Equity Off-shore Fund - Direct Plan-Growth

This Fund of Fund (FoF) is an equity international fund. It was launched on 1 January 2013 by the Edelweiss Mutual Fund. It is an open-ended medium-sized fund of its category. The AUM of this fund is Rs 67.67 Crore. The NAV declared on 13th April 2022 is Rs 26.31. It has an expense ratio of 1.56%, which is higher compared with its category average expense ratio. 

This is a highly risky FoF. However, it has offered good returns over the years. To start investing in this fund, the minimum amount required for lump-sum payment is Rs 5000, and for SIP, it is Rs 500. It has no lock-in period. However, it charges 1% on redemption if redeemed within 1 year or 365 days. 

The benchmark of this fund is MSCI AC Asean 10/40. The fund aims to provide long term capital growth by investing predominantly in JPMorgan Funds - JF ASEAN Equity Fund, an equity fund that invests primarily in companies of countries that are members of the Association of South-East Asian Nations (ASEAN). 

Absolute And Annualised Returns

In 2-years this fund has offered the highest 46.37% absolute returns. Since its inception, it has offered 7.07% annual average returns.

Investment Period	Absolute Returns	Annualised Returns
1 Year	6.53%	6.54%
2 Year	46.37%	20.86%
3 Year	19.12%	6.00%
5 Year	48.18%	8.18%
Since Inception	88.47%	7.07%

SIP Returns

SIP Period	Absolute Returns	Annualised Returns
1 Year	3.41%	6.39%
2 Year	12.76%	12.02%
3 Year	14.84%	9.20%
5 Year	20.03%	7.24%

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme-related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.