MonitorDirect · GrowthWatch before adding
Edelweiss Recently Listed IPO Fund
Edelweiss Mutual FundEquity Scheme - Sectoral/ Thematic8.7 years
The scheme seeks to provide capital appreciation by investing in equity and equity related securities of companies across various market capitalization, which are new in the sector, early in their growth stage and are poised to benefit from the India growth story in the long-term.
- NAV
- 34.1148
- 28 Oct 2026
- 1Y
- +15.2%
- Trailing CAGR
- AUM
- ₹1,276.22 Cr
- 30 Sept 2026
- Volatility
- High
- 18.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 28 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · The fund beat the category median in 58% of rolling 1-year windows.
Fits if · Three-year return is above the category median.
Prefer peers if · Prefer Aditya Birla Sun Life Transportation and Logistics Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
8.7 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
1.31% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -32.3%. Ask whether you can hold through a similar fall.
Vs category
Watch
49% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Bharat Lahoti · 8.7 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 39.8% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 32%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+15.2%
- 3Y+16.3%
- 5Y+10.4%
- 10Yn/a
- SI+15.2%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+24.6%
- 3Y+14.8%
- 5Y+15.9%
- 10Yn/a
- Since inception
- +15.2%
- Calendar-day CAGR
- Excess 1Y
- +18.1%
- Category median, same plan and option
- 3Y win rate
- +49%
- Windows beating the median
- 3Y percentile
- 70
- Vs comparable share classes
- SIP 3Y XIRR
- +14.8%
- Simulated monthly SIP
- Worst rolling 3Y
- +6.8%
- 1396 daily-ending windows
- Median rolling 3Y
- +19.0%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 903 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -32.3%
- Worst peak-to-trough
- Current
- -7.5%
- Below last peak
- Current spell
- 21 days
- Days below latest peak
- Time below peak
- +90%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 18 days
- 86 recovered episodes
- Longest recovery
- 427 days
- Trough to prior peak
20 Feb 2020 – 26 Aug 2020
Trough 24 Mar 2020 · recovered in 155 days
-32.3%
17 Jan 2022 – 8 Sept 2023
Trough 28 Mar 2023 · recovered in 164 days
-29.7%
3 Jan 2025 – 4 May 2026
Trough 3 Mar 2025 · recovered in 427 days
-24.8%
30 Apr 2018 – 24 Jan 2020
Trough 15 Feb 2019 · recovered in 343 days
-23.2%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
70
Vs category
100
Consistency
54
Risk-adjusted
52
Drawdown
19
Mean
59
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
No status reasons yet. History is still thin.
Supporting reads
- The fund beat the category median in 58% of rolling 1-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 56 holdings · top 10 are 39.8%.
- Top 5
- 24.2%
- Top 10
- 39.8%
- Largest holding
- 5.8%
- Effective holdings
- 36.6
ICICI Prudential Asset Management Company Ltd.
Financial
5.8%
National Stock Exchange Of India Ltd Equity
Financial
5.3%
Meesho Ltd.
Consumer Discretionary
5.1%
Shadowfax Technologies Ltd.
Industrials
4.0%
SEDEMAC Mechatronics Ltd.
Industrials
4.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Transportation and Logistics Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +7.5%
- 3Y
- n/a
- Vol
- 18.2%
- Max DD
- -28.2%
- Sharpe
- 0.76
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Baroda BNP Paribas Innovation Fund
Baroda BNP Paribas Mutual Fund
- 1Y
- +4.5%
- 3Y
- n/a
- Vol
- 15.9%
- Max DD
- -22.3%
- Sharpe
- 0.45
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Franklin India Technology Fund
Franklin Templeton Mutual Fund
- 1Y
- -9.1%
- 3Y
- +11.3%
- Vol
- 16.7%
- Max DD
- -30.7%
- Sharpe
- 0.69
- 3Y win
- +59%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
ICICI PRUDENTIAL HOUSING OPPORTUNITIES FUND
ICICI Prudential Mutual Fund
- 1Y
- -9.2%
- 3Y
- +10.4%
- Vol
- 12.6%
- Max DD
- -16.7%
- Sharpe
- 0.54
- 3Y win
- +66%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
ICICI Prudential MNC Fund
ICICI Prudential Mutual Fund
- 1Y
- -1.9%
- 3Y
- +9.6%
- Vol
- 13.5%
- Max DD
- -30.7%
- Sharpe
- 0.79
- 3Y win
- +52%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns