Identifying the legends of tomorrow.

Transcription

1 Fund Factsheet - Identifying the legends of tomorrow. Edelweiss Mid and Small Cap Fund An open ended equity growth scheme Endeavours to invest in promising small-cap and mid-cap companies, which have potential to become outperformers and create wealth. Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

2 Fund of Funds Avg. Maturity Range Avg. Maturity Range 1-20 yr 1-10 yr Avg. Maturity Range Avg. Maturity Range 1-5 yr *Avg. Maturity Range 1-5 yr 1-3 yr *Avg. Maturity Range 3-12 m *Avg. Maturity Range 0-3 m Represents Indicative Credit Risk

3 Index Markets & Beyond Page No. Equity Market Outlook 2 Debt Market Outlook 3 Equity Funds Edelweiss Arbitrage Fund 4 Edelweiss Equity Savings Advantage Fund 5 Edelweiss Dynamic Equity Advantage Fund 6 Edelweiss Large Cap Advantage Fund 7 Edelweiss Equity Opportunities Fund 8 Edelweiss Mid And Small Cap Fund 9 Edelweiss Economic Resurgence Fund 10 Edelweiss ELSS Fund 11 Edelweiss Prudent Advantage Fund 12 Edelweiss Tax Advantage Fund 13 Balanced Fund Edelweiss Balanced Advantage Fund 14 Debt Funds Edelweiss Liquid Fund 15 Edelweiss Treasury Fund 16 Edelweiss Short Term Income Fund 17 Edelweiss Banking And PSU Debt Fund 18 Edelweiss Corporate Debt Opportunities Fund 19 Edelweiss Bond Fund 20 Edelweiss Government Securities Fund 21 Exchange Traded Funds Edelweiss ETF - Nifty Edelweiss ETF - Nifty Bank 23 Edelweiss ETF - Nifty Quality Overseas Fund of Funds Edelweiss Asean Equity Off-Shore Fund 25 Edelweiss Greater China Equity Off-Shore Fund 26 Edelweiss Europe Dynamic Equity Off-Shore Fund 27 Edelweiss Emerging Markets Opportunities Equity Offshore Fund 28 Edelweiss US Value Equity Off-Shore Fund 29 Schedule Schemes managed by 30 How to Read Factsheet 31

4 From the CIO s Desk - Equity Harshad Patwardhan CIO-Equi es What we said last me: RBI Monetary policy Commi ee mee ng along with US Federal Reserve minutes of the May mee ng would assume significance as their comments will provide insights about the global economy and liquidity. Lingering geo-poli cal risks could impact investor sen ment. On the domes c front, investors would keenly watch the details around GST and most importantly the arrival of good monsoon which would provide impetus to growth. announced a farm waiver, fulfilling a pre-poll promise it had given to a troubled farm sector which gathered steam forcing other states- Maharashtra, Punjab and Karnataka. If the fever spreads, the waivers could catapult to a ~1.5% of GDP disrup ng the fiscal condi on with the risk of credit ra ng downgrade. Having said that, its implementa on raises a few per nent issues funding modali es, dura on of implementa on, among others. The RBI kept the policy repo rate under the liquidity adjustment facility unchanged at 6.25%, however it reduced the statutory liquidity ra o by 50 bps to with the objec ve of achieving the medium-term target for consumer price index (CPI) infla on of 4% within a band of +/- 2%, while suppor ng growth. What happened - Domes c Markets in traded with a nega ve bias dragged down by concerns of GST implementa on, RBI's order to banks to make he y provisioning on accounts referred for bankruptcy and farm loan waiver by key agrarian states. The BSE-30 Index and Ni y-50 Index were down almost 1% in while BSE Smallcap index gained more than 2%. In terms of sectoral indices for the month, Pharma (6.4%) was the top gainer owing to value buying while PSU Banks (-6%) was the worst performing sector owing to headwinds surrounding the NPAs. FPIs and DIIs bought equity worth US499 mn and US827 mn in the cash segment over the month. So strong is the belief in the growth momentum of the global economy as it enters the second half of, the point has been reached in the economic cycle where data not mee ng expecta ons is dismissed as an aberra on. Faster growth this year reflects a synchronized improvement across both advanced and emerging market economies. Backing up this view, central banks in the United States, Euro zone and Britain are leaning toward ghtening, albeit with a cacophony of mixed signals about when. The US Federal Reserve forged ahead with a 25 bps interest rate hike for the third me in six months to 1.25% from 1%, maintained their outlook for one more rate hike in, and set out some details for how they intend to shrink their 4.5 trillion balance sheet this year. As per the FOMC, nearterm risks to the economic outlook appear roughly balanced, but the commi ee is monitoring infla on developments closely. In the euro zone, the overall picture is rela vely posi ve with a current 1.9% year-on-year growth rate - but there are centers of trouble, such as in Italy, the bloc's third largest economy. And while defla on may have gone, infla on is s ll below target. Mario Draghi, the head of the European Central Bank (ECB), has hinted in a speech that the ECB might slow down, stop or even reverse elements of the quan ta ve easing process. The insight being that as infla on picks up--a major goal of the process itself--then the policy stance if flat becomes more accommoda ve. Thus it is possible to ghten policy as the infla on does pick up but s ll maintain a stable stance in terms of the influence of monetary policy upon the economy. China, meanwhile, has avoided the slowdown some feared. Indeed, factories grew at their quickest pace in three month in. But an official crackdown on excessive debt and shadow banking has been enough of a risk to economic stability to make the central bank cau ous about taking further ac on. US crude tumbles 14% in first half of, closing at 46.04, as market remains oversupplied. OPEC oil output has risen in by 280,000 barrels per day (bpd) to a high, as a further recovery in supply from the two member countries exempt from a produc on-cu ng deal offset strong compliance by their peers. 's biggest rise came from Nigeria, where output extended a recovery a er being curtailed by militant a acks on oil installa ons. On the domes c front, Goods and Services Tax (GST) which gets rolled out on 1st July, has been one of the key things that has caught the a en on of the market given its implica ons on earnings of companies. The government has kept a large number of items under 18% tax slab. Meanwhile, Global ra ngs agency Moody's said the Goods and Services Tax (GST) regime will be posi ve for India's credit profile as it will contribute to produc vity gains and higher GDP growth as well as support higher government revenue genera on through improved tax compliance. The Reserve Bank of India, in its a empt to tackle the bad loans, chalked out the new Insolvency and Bankruptcy Code (IBC) which will make it impossible for Indian banks to lend with compassion. The apex bank directed the banks to ini ate insolvency proceedings against 12 shortlisted companies under the IBC that have fund/non fund exposure of above INR 5,000 crore where 6 or more has turned bad is a welcome sign for India's crisis-ridden banking sector. These accounts account a quarter of the total NPAs of the banking system. If banks manage to recover this chunk, it will give a major boost to the sector. The Securi es and Exchange Board of India joined the fight against bad loans by providing several relaxa ons to the rules of share acquisi ons in the case of distressed companies. The country's farmers have had a rough ride over the last decade. Prices of seeds and fer lisers have remained high, even as droughts have hit produc on, and middlemen abused farmers by buying produce for low prices. The Narendra Modi government's demone sa on move last November also took the wind out of the hinterland. In effect, farming income is down and loan servicing has become difficult. Meanwhile, the Bhara ya Janta Party government in U ar Pradesh Macroeconomic indicators remained posi ve during the month with falling infla on, improving industrial growth, modest increase in CAD and pickup in PMI numbers. Outlook for the coming month On the domes c front, investors would keenly watch the execu on around GST, progress of monsoon which would provide impetus to growth and upcoming quarterly corporate earnings. Macro-economic Indicators April IIP came in at 3.1 YoY vs. 2.7 in April May WPI infla on came in at 2.17% YoY vs. 3.85% in April May CPI infla on came in at 2.18% YoY vs. 2.99% in April May imports grew by 33.1% YoY while exports grew by 8.3% YoY in May India's Composite Purchasing Managers' Index (PMI) came in at 52.5 in May Market ac vity and Valua on Performance of Ni y 50 Sectors : Top Performers Bo om Performers Index CYTD Consumer Goods (32%) Pharmaceu cals (-11.8%) Pharmaceu cals (6.8%) Financial Services (29.2%) Consumer Goods (2.2%) IT (-3.6%) Performance of Size Indices: IT (-4.7%) Media and Entertainment (-4.6%) CYTD Ni y % -1% Ni y Next % 0.9% Ni y Free Float Midcap % 1.3% Rs. (Cr.) Flows: 40,000 30,000 20,000 10, ,000-20,000-30,000 Jun-16 Jul-16 Aug-16 Sep-16 Valua on and earnings es mates: Ni y 50 Index is currently trading at 17.4x forward 1Y PE mul ple which is above its long term average. Ni y Free Float Mid Cap 100 Index is trading at 19x forward 1Y PE which is above its long term average. Source: Bloomberg, NSE, Internal research as of July 03, Oct-16 FII Flows Nov-16 Dec-16 Jan-17 Feb-17 Mar-17 Apr-17 May-17 Jun-17 2

5 From the CIO s Desk - Fixed Income Dhawal Dalal CIO-Fixed Income What we said earlier: We had turned a bit more op mis c on bonds in May a er the analysis of new economic indices & the GDP data We expected the RBI to have a slightly less hawkish tone in the MPC mee ng on 6-7, We changed our outlook on government bonds from cau ous to construc ve and suggested gradual building of dura on through government bonds What happened? The posi ve momentum in government bonds con nued in as well as market par cipants began to factor in prospects of a slightly less hawkish tone from the RBI-led Monetary Policy Commi ee (MPC) mee ng which was scheduled to meet on 6 & 7,. The posi ve sen ment emanated from the recent decline in headline infla on due to higher-than-expected fall in food prices as well as a marked decline in infla on momentum as measured from month-over-month change in the value on seasonally adjusted basis. Some amount of posi on building ahead of the MPC mee ng led to the benchmark 10Y yield to stabilize at around 6.65% ahead of the outcome of the MPC. The bond market experienced a relief rally when the RBI maintained a status quo on rates along the expected lines. However, market par cipants rejoiced the RBI's acknowledgement of the recent decline in food prices and its posi ve impact on the headline infla on in the next two to three months. Consequently, the RBI recalibrated their infla on expecta ons for H1 to more realis c levels of 2-3.5% from 4.5% in April and % for H2 from their earlier projec on of 5%. The headline infla on for May came in at lower-than-expected level of 2.18% from 2.99% in April. The decline in headline infla on was pre y much due to larger-than-expected fall in food prices par cularly in fruits, vegetable and pulses. Although market par cipants rejoiced lower than expected rise in the infla on, a sec on of media extensively covered plight of the farmers and prospects of farm loan waivers in large states like Maharashtra and Madhya Pradesh. Market par cipants believe that although costs of farm loan waivers are likely to put addi onal burden on state finances, most of them sympathized with the ra onale of the same amid the recent media reports of collapse in buying support from the local APMCs for a variety of perishable food produces. In another important development, the FOMC hiked the Fed Fund Rate by a quarter of a percentage to 1.25% on 14, in line with the market expecta ons. The Fed also came out with the outline for their proposed plan for unwinding of the Quan ta ve Easing Program that started in early According to the proposed plan, the Fed will start the program at a suitable me by allowing to mature their holdings of around 10 billion per month for a quarter (6 billion of UST and rest in MBS) and gradually increasing the maturi es by 10 billion every quarter to reach 50 billion worth of maturi es per month. This will result in a gradual reduc on in the UST and MBS securi es held in the Federal Reserve's 4.5 trillion por olio. Market par cipants welcomed this decision as it appeared to have minimal impact on the exis ng treasury prices. The Fed's latest dot chart also suggested minimal hawkishness on future rate hikes. Towards the last week of, market par cipants' a en on shi ed to declining price of crude oil and what it meant for the world economy in general. Thus WTI crude oil prices declined from around 52 per barrel to touch a low of 42 per barrel on 23,. This led to fla ening of the major yield curves and raised prospects of economic slowdown amid lack of infla onary pressures in the G7 economies. The following table summarizes the movement in the bond market in and YTD basis: Asset Type Yields as on 30, (%) Change in yields in (in basis points) YTD Change in yields (in basis points) 3M Treasury Bills Y Treasury Bill Y Government Bond Y Government Bond (New) Y AAA PSU Bond Y AAA PSU Bond Y AAA PSU Bond Source: Bloomberg LP The following table also highlights trading ac vi es of key market par cipants in secondary market for government bonds, SDL and Treasury Bills in the month of : Category Source: Edelweiss Securi es Ltd. Nega ve numbers denote net selling. Amount in Rs. Crore. Outlook for July Government Bonds We have turned more construc ve on bond yields in. We believe that the recent rally in government bonds can con nue for some me. Based on the recent decline in headline infla on and the RBI's acknowledgement of the same, market par cipants are penciling a 25-basis-point reduc on in the Repo Rate in August MPC mee ng. Market par cipants are encouraged to see a dissent within the MPC with one member asking for a 50 bp cut in the Repo Rate given the recent sharp fall in food prices and their impact on headline infla on. The monsoon's decent progress for so far, smooth take off of the GST on July 1,, quan fica on & implementa on of the 7PC led HRA allowance for central employees and its 0.2% impact on the fiscal deficit are some of the areas where market par cipants are focusing on at the moment. However, given the declining trend in the Gross Value Added in last four quarters, we believe that bond yields are likely to remain range-bound with declining bias. We expect the benchmark 10Y government bond yield to trend towards 6.25% in the near-term. We also expect the government bond yield to experience bull steepening with more declines in yields of long-term government bonds as compared to short maturity bonds. We suggest gradual building of dura on through liquid government bonds. SDL Treasury Bills Foreign Banks 26, ,892 PSU Banks -35,144-7,129 22,512 Private Banks 3,879 2,620-10,781 Mutual Funds 9,597-2,127 17,145 Others 9,904 8,703 4,147 Primary Dealers -14,543-2,109-19,131 However, The ECB President Mario Draghi's posi ve assessment on the Eurozone economy was construed as ECB's willingness to reduce their monthly bond purchases. This came as a surprise to market par cipants and led to a sudden selloff in the global bond markets. The benchmark 10Y UST yield increased from its low of around 2.12% to touch a peak of 2.3 on 30,. The Reserve Bank of India con nued to sterilize surplus liquidity in the banking system through a combina on of tools. In that regard, the RBI announced a Rs. 30,000 crore CMB on 30, to absorb maturity proceeds in the first week of July. The RBI also surprised bond market par cipants by announcing a Rs. 10,000 crore of OMO sale for July 6,. The RBI has resorted to the OMO sale for the first me since April

6 ARBITRAGE Fund Equity Fund The investment objec ve of the Scheme is to generate income by predominantly inves ng in arbitrage opportuni es in the cash and the deriva ve segments of the equity markets and the arbitrage opportuni es available within the deriva ve segment and by inves ng the balance in debt and money market instruments. However, there is no assurance that the investment objec ve of the Scheme will be realized. TOP TWENTY EQUITY HOLDINGS as on 30, (Quantity fully hedged against derivative) Name of Instrument Industry % to Net Assets JSW Steel Ltd. Ferrous Metals 2.87% Sun TV Network Ltd. Media & Entertainment 2.81% Bharat Financial Inclusion Ltd. Finance 2.73% Reliance Infrastructure Ltd. Power 2.61% Indiabulls Housing Finance Ltd. Finance 2.57% Infosys Ltd. Software 2.55% Castrol India Ltd. Petroleum Products 1.98% Yes Bank Ltd. Banks 1.75% ITC Ltd. Consumer Non Durables 1.74% The Federal Bank Ltd. Banks 1.73% Vedanta Ltd. Non - Ferrous Metals 1.72% The India Cements Ltd. Cement 1.66% Oil & Natural Gas Corp Ltd. Oil 1.55% Dewan Housing Finance Corporation Ltd. Finance 1.52% Century Textiles & Industries Ltd. Cement 1.45% L&T Finance Holdings Ltd. Finance 1.38% Tata Communications Ltd. Telecom - Services 1.29% Bharat Electronics Ltd. Industrial Capital Goods 1.29% Exide Industries Ltd. Auto Ancillaries 1.22% Tata Global Beverages Ltd. Consumer Non Durables 1.21% SIP PERFORMANCE as on 30, If you had invested `10,000 every month Total Amount Invested 120, ,000 Total Value as on 30-Jun- 123, ,321 Returns 6.11% 6.69% Total Value of Nifty 50 Arbitrage Index 140, ,205 Total Value of Nifty 50 Index 130, ,973 Nifty 50 Arbitrage Index Returns 32.86% 17.41% Nifty 50 Index Returns 16.73% 9.14% For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future FUND PERFORMANCE as on 30, Portfolio analysis: Sector-Wise ASSET ALLOCATION as on 30, DIVIDEND HISTORY Feb Jan Dec Nov-16 EDELWEISS ARBITRAGE Fund Asset alloca on (% of total) Rate (Rs/unit) Dividend Option dividend NAV A er payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy (if applicable). Past performance may or may not be sustained in future. Dividend is declared on the face value of Rs. 10/- per unit. Finance Power Ferrous Metals Banks So ware Consumer Non Durables Cement Media & Entertainment Construc on Non - Ferrous Metals Petroleum Products Auto Ancillaries Auto Pharmaceu cals Industrial Capital Goods Oil Telecom - Services Healthcare Services Minerals/Mining Industrial Products Transporta on Consumer Durables Construc on Project Pes cides Tex le Products Tex les - Co on Chemicals Fer lisers (Nifty 50 Arbitrage Index) Additional (Nifty 50) Cash & Other receivables 5.74% 4.77% 4.64% 4.37% 4.17% % % 2.24% 1.95% 1.59% 1.56% 1.55% 1.29% 1.15% 1.12% 1.08% 0.69% 0.65% 0.54% 0.46% 0.37% 0.27% 0.26% 0.07% 14.36% 6.38% 10, % 10, % 10, % 11, % 12, % 12, % 12, % 12,509 NA NA NA NA NA NA NA NA 7.33% 12,373 NA NA 6.77% 12, ,680 NA NA 7.86% 12, % 12, ,680 Edelweiss Arbitrage Fund An open-ended equity scheme 27-Jun Jun-14 If the units are redeemed / switched out on or before 30 days from the date of allotment % If the Units are redeemed / switched out on a er 30 days from the date of allotment - Nil Rs. 5000/- per applica on & in mul ples of Re. 1/- therea er. Addi onal investment amount Rs. 1000/- per applica on & in mul ples of Re. 1/- therea er Equity Por on : : Mr. Bhavesh Jain Experience: 9 years Co-: Mr. Kar k Soral Experience: 10 years Debt Por on : : Mr. Dhawal Dalal Experience: 20 years Mr. Bhavesh Jain 27-Jun-14 Mr. Kar k Soral 3-Aug-15 Mr. Dhawal Dalal 22-Dec-16 Quantitative indicators as on 30, Por olio Turnover Ra o ^ Please note: Since the Scheme has not completed 3 years Standard Devia on, Por olio Beta and Sharpe Ra o is not provided. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on 30, Total stocks in por olio 96 Top 10 stocks 23.34% Total Expense Ra os~: 1.05% 0.4 : Ni y 50 Arbitrage Index NAV (as on 30th, in Rs.) Dividend Op on Growth Op on * Bonus Op on Dividend Op on Growth Op on *Closed for subscrip on AUM as on 30 Rs. 2, Crore Average AUM for the month Rs. 2, Crore This product is suitable for investors who are seeking* To generate income by predominantly inves ng in arbitrage opportuni es. Investments predominantly in arbitrage opportuni es in the cash and deriva ve segments of the equity markets and the arbitrage opportuni es available within the deriva ve segment and by inves ng the balance in debt and money market instruments. LOW HIGH moderately low risk 1. Different plans shall have different expense structure. The performance details provided herein are of and of Edelweiss Arbitrage Fund. Returns are for Growth Op on only. Since Incep on returns are calculated on Rs. 10/- invested at incep on of the scheme. 2. The scheme is currently managed by Bhavesh Jain (managing this fund from 27, 2014 ), Mr. Kar k Soral (Managing this fund from August 3, 2015 ) and Mr. Dhawal Dalal (Managing this fund from December 22, 2016). Please refer page no. 30 & 31 for name of the other schemes currently managed by the s. 3. Based on standard investment of Rs 10,000 made in the beginning of the respec ve period. 4. Standard prescribed by SEBI vide circular August 22, For the performance of other Schemes managed by the s, please refer to the relevant scheme. 7. Since the scheme is in existence for more than 1 year but less than 5 years hence performance data for 5 years and more is not provided % 13.73% Debt Equi es Margin Deposits 13.09% 4

7 EQUITY SAVINGS ADVANTAGE Fund Formerly, JPMorgan India Equity Income Fund. As already no fied the Schemes of JPMorgan Mutual Fund have been transferred to and form part of Edelweiss Mutual Fund on and from the close of business hours on November 25, Further, Edelweiss Equity Savings Advantage Fund was merged with JPMorgan India Equity Income Fund on and from close of business hours on November 25, 2016 with the surviving scheme s name as Edelweiss Equity Savings Advantage Fund. Equity Fund The investment objec ve of the scheme is to provide capital apprecia on and income distribu on to the investors by using equity and equity related instruments, arbitrage opportuni es, and investments in debt and money market instruments. However, there can be no assurance that the investment objec ve of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns. TOP TWENTY EQUITY HOLDINGS as on 30, Name of Instrument Industry % to Net Assets HDFC Bank Ltd. Banks 3.88% Reliance Industries Ltd. Petroleum Products 2.56% ITC Ltd. Consumer Non Durables 2.46% Housing Development Finance Corp Ltd. Finance 2.41% ICICI Bank Ltd. Banks 2.18% Larsen & Toubro Ltd. Construction Project 1.53% Infosys Ltd. Software 1.5 Maruti Suzuki India Ltd. Auto 1.41% IndusInd Bank Ltd. Banks 1.05% Kotak Mahindra Bank Ltd. Banks 1.0 State Bank of India Banks 0.98% Tata Consultancy Services Ltd. Software 0.94% Tata Motors Ltd. Auto 0.87% Bharat Petroleum Corporation Ltd. Petroleum Products 0.74% Axis Bank Ltd. Banks 0.72% Asian Paints Ltd. Consumer Non Durables 0.72% Ultratech Cement Ltd. Cement 0.63% Eicher Motors Ltd. Auto 0.61% Hindalco Industries Ltd. Non - Ferrous Metals 0.52% Britannia Industries Ltd. Consumer Non Durables 0.48% SIP PERFORMANCE as on 30, If you had invested `10,000 every month Total Amount Invested 120,000 Total Value as on 30-Jun- 126,230 Returns 9.84% Total Value of 7 CRISIL Liquid Fund Index + 3 Nifty 50 Index 124,735 Total Value of Nifty 50 Index 130,496 7 CRISIL Liquid Fund Index + 3 Nifty 50 Index Returns 7.45% Nifty 50 Index Returns 16.73% For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future FUND PERFORMANCE as on 30, Portfolio analysis: Market cap-wise 16.17% % Portfolio analysis: Sector-Wise ASSET ALLOCATION as on 30, DIVIDEND HISTORY Feb Oct Jul Apr-16 Asset alloca on (% of total) Rate (Rs/unit) Dividend Option EDELWEISS EQUITY SAVINGS ADVANTAGE Fund 39.64% > Crs. INR Crs. INR Crs. INR 6500 Crs. INR Crs. INR < 6500 Crs. INR Consumer Non Durables Construc on Project Non - Ferrous Metals Media & Entertainment Industrial Capital Goods Ferrous Metals -0.02% dividend NAV A er payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy (if applicable). Past performance may or may not be sustained in future. Dividend is declared on the face value of Rs. 10/- per unit. (7 CRISIL Liquid Fund Index + 3 Nifty 50 Index) Additional (Nifty 50) 9.33% 10, % 10, % 10, % 11,488 NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA NA 7.64% 12,213 NA NA 8.66% 12, % 12,076 NA NA 8.08% 12, % 12, % 12, Banks Petroleum Products Auto So ware Finance Cement Gas Auto Ancillaries Consumer Durables Industrial Products Power Pharmaceu cals Minerals/Mining 13.84% Cash & Other receivables 0.74% 0.68% 0.57% 0.49% 0.34% % 0.26% 0.19% 0.89% Edelweiss Equity Savings Advantage Fund An Open Ended Equity Scheme 13-Oct Oct-14 1 of the units allo ed shall be redeemed without any on or before comple on of 365 days from the date of allotment of units. Any redemp on in excess of such limit within 365 days from the date of allotment shall be subject to the following Exit Load: If redeemed or switched out on or before comple on of 365 days from the date of allotment of units 1.0 If redeemed or switched out a er comple on of 365 days from the date of allotment of units NIL Redemp on of units would be done on First in First out Basis (FIFO). Rs. 5,000/- per applica on and in mul ples of Re. 1/- therea er Addi onal investment amount Rs. 1,000/- per applica on and in mul ples of Re. 1/- therea er Equity Por on : : Mr. Amit Gadgil Experience: 15 years : Mr. Bhavesh Jain Experience: 9 years Debt Por on : : Mr. Dhawal Dalal Experience: 20 years Mr. Amit Gadgil 22-Mar-17 Mr. Bhavesh Jain Mr. Dhawal Dalal Quantitative indicators as on 30, Por olio Turnover Ra o^ 5.16 Please note: Since the Scheme has not completed 3 years Standard Devia on, Por olio Beta and Sharpe Ra o is not provided. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on 30, Total stocks in por olio 52 Top 10 stocks 19.99% Ac ve posi ve bets Total por olio 11.63% Note: Active positive bets are those where the fund has a higher weightage as compared to Nifty 50. Source: Bloomberg. Total Expense Ra os~: % : 7 of CRISIL Liquid Fund Index and 3 in Ni y 50 NAV (as on 30th, in Rs.) * Bonus Op on Dividend Op on Growth Op on * Bonus Op on Dividend Op on Growth Op on *Closed for subscrip on AUM as on 30 Rs Crore Average AUM for the month Rs Crore This product is suitable for investors who are seeking* Income distribu on by inves ng in debt and money market instrument and arbitrage opportuni es. Long term capital apprecia on by using equity and equity related instruments. will be at Moderately High Risk 1. Different plans shall have different expense structure. The performance details provided herein are of and of Edelweiss Equity Savings Advantage Fund. Returns are for Growth Op on only. Since Incep on returns are calculated on Rs. 10/- invested at incep on of the scheme. 2. The scheme is currently managed by Amit Gadgil (managing this fund from March 22, ), Mr. Bhavesh Jain (Managing this fund from November 28, 2016 ) and Mr. Dhawal Dalal (Managing this fund from November 28, 2016). Please refer page no. 30 & 31 for name of the other schemes currently managed by the s. 3. Based on standard investment of Rs 10,000 made in the beginning of the respec ve period. 4. Standard prescribed by SEBI vide circular August 22, For the performance of other Schemes managed by the s, please refer to the relevant scheme. 7. Since the scheme is in existence for more than 1 year but less than 3 years hence performance data for 3 years and more is not provided. 1.53% 1.29% 9.33% % 2.38% % 67.59% 9.24% Debt Equi es Margin Deposits 10.94% 5

8 DYNAMIC EQUITY ADVANTAGE Fund (Name of the Scheme was changed from Edelweiss Absolute Return Fund to Edelweiss Dynamic Equity Advantage Fund with effect from May 2, The Scheme is an equity - oriented Scheme. in the Scheme are not being offered any guaranteed / assured returns.) Equity Fund The primary objective of the Scheme will be to generate absolute returns with low volatility over a longer tenure of time. The Scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other. However, there is no assurance that the investment objective of the Scheme will be realized. TOP TWENTY EQUITY HOLDINGS as on 30, Name of Instrument Industry % to Net Assets HDFC Bank Ltd. Banks 5.83% ITC Ltd. Consumer Non Durables 5.26% IndusInd Bank Ltd. Banks 4. Reliance Industries Ltd. Petroleum Products 3.94% ICICI Bank Ltd. Banks 3.08% Yes Bank Ltd. Banks 2.34% Infosys Ltd. Software 2.19% Hindustan Unilever Ltd. Consumer Non Durables 2.17% Tata Consultancy Services Ltd. Software 2.1 Larsen & Toubro Ltd. Construction Project 2.06% HCL Technologies Ltd. Software 1.83% Indraprastha Gas Ltd. Gas 1.58% UPL Ltd. Pesticides 1.55% State Bank of India Banks 1.53% Sun Pharmaceutical Ind Ltd. Pharmaceuticals 1.49% Tata Motors Ltd. Auto 1.45% Marico Ltd. Consumer Non Durables 1.45% Britannia Industries Ltd. Consumer Non Durables 1.41% Natco Pharma Ltd. Pharmaceuticals 1.39% Eicher Motors Ltd. Auto 1.35% ASSET ALLOCATION as on 30, SIP PERFORMANCE as on 30, If you had invested `10,000 every month Total Amount Invested 120, , ,000 Total Value as on 30-Jun- 130, , ,796 Returns 16.03% 8.57% 11.25% Total Value of 6 Nifty 50 Index + 4 CRISIL Composite Bond Fund Index 128, , ,591 Total Value of Nifty 50 Index 130, , ,527 6 Nifty 50 Index + 4 CRISIL Composite Bond Fund Index Returns 13.79% 9.84% 11.14% Nifty 50 Index Returns 16.73% 9.14% 11.39% For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future FUND PERFORMANCE as on 30, % Cash & Other receivables Asset alloca on (% of total) % Edelweiss Dynamic Equity Advantage Fund 9.62% 6.99% Debt Equi es Fixed DepositMargin Deposits INDUSTRY ALLOCATION- % of Equity Holdings DIVIDEND HISTORY 04-May Jan Oct Jul Apr Jan-16 Rate (Rs/unit) Dividend Option Portfolio analysis: Market cap-wise (6 Nifty 50 Index + 4 CRISIL Composite Bond Fund Index) dividend NAV A er payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy (if applicable). Past performance may or may not be sustained in future. Dividend is declared on the face value of Rs. 10/- per unit Additional (Nifty 50) 13.26% 11, % 11, % 11, % 11, % 13, % 13, % 13, % 12, ,398 NA NA 11.59% 17, , % 20,930 NA NA 9.78% 20, % 21,379 NA NA 12.53% 16, % 15, % 15,741 Banks Consumer Non Durables So ware Finance Pharmaceu cals Petroleum Products Auto Pes cides Gas Construc on Project Power Industrial Products Media & Entertainment Cement Auto Ancillaries Ferrous Metals Non - Ferrous Metals % 1.15% 1.07% % 0.51% 0.38% 0.31% 2.06% Edelweiss Dynamic Equity Advantage Fund Scheme Type An open-ended equity scheme Allotment date : 20-Aug Jan-13 : 1 of the units allotted shall be redeemed without any on or before completion of 365 days from the date of allotment of units. Any redemption in excess of such limit within 365 days from the date of allotment shall be subject to the following : If redeemed or switched out on or before completion of 365 days from the date of allotment of units 1.0 If redeemed or switched out after completion of 365 days from the date of allotment of units NIL Redemption of units would be done on First in First out Basis (FIFO). : Rs. 1000/- per application & in multiples of Re. 1/- thereafter Additional investment amount Rs. 1000/- per application & in multiples of Re. 1/- thereafter : Mr. Kartik Soral Experience: 10 years Co- : Mr. Bhavesh Jain Experience: 9 years Mr. Kartik Soral 1-Apr-15 Mr. Bhavesh Jain 7-Aug-13 Quantitative indicators as on 30, Standard deviation 8.1 Sharpe ratio** 0.49 Portfolio Beta 0.83 Portfolio Turnover Ratio^ 6.01 Please note: Standard deviation and Sharpe ratio are annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on 30, Total stocks in portfolio 53 Top 10 stocks 33.19% Active positive bets Total portfolio 44.38% Note: Active positive bets are those where the fund has a higher weightage as compared to Nity 50. Source: NSE, Bloomberg. Total Expense Ratios~: 2.55% 1.8 : 6 Nity 50 Index + 4 CRISIL Composite Bond Fund Index NAV (as on 30th, in Rs.) Dividend Option Growth Option Dividend Option Growth Option AUM as on 30 Rs Crore Average AUM for the month Rs Crore This product is suitable for investors who are seeking*: To create wealth over long term and prevent capital erosion in medium term Investment predominantly in equity and equity related securities including through arbitrage opportunities with balance exposure to debt and money market securities moderately high risk LOW HIGH 1. Different plans shall have different expense structure. The performance details provided herein are of and of Edelweiss Dynamic Equity Advantage Fund. Returns are for Growth Op on only. Since Incep on returns are calculated on Rs. 10/- invested at incep on of the scheme. 2. The scheme is currently managed by Kar k Soral (managing this fund from April 1, 2015) and Mr. Bhavesh Jain (Managing this fund from August 7, 2013). Please refer page no. 30 & 31 for name of the other schemes currently managed by the s. 3. Based on standard investment of Rs 10,000 made in the beginning of the respec ve period. 4. Standard prescribed by SEBI vide circular August 22, For the performance of other Schemes managed by the s, please refer to the relevant scheme % % 6.87% 6.67% 6.09% 9.96% 11.74% 41.43% 18.95% > Crs. INR Crs. INR Crs. INR 6500 Crs. INR Crs. INR < 6500 Crs. INR 6

9 LARGE CAP ADVANTAGE Fund (Name of the Scheme was changed from Edelweiss Top 100 Fund to Edelweiss Large Cap Advantage Fund with effect from May 2,.) Formerly, Edelweiss Diversified Growth Equity Top 100 (E.D.G.E Top 100) Fund. As already no fied the schemes of JPMorgan Mutual Fund have been transferred to and form part of Edelweiss Mutual Fund on and from the close of business hours on November 25, Further, JPMorgan India Top 100 Fund was merged with Edelweiss Diversified Growth Equity Top 100 (E.D.G.E Top 100) Fund on and from close of business hours on November 25, 2016 with the surviving scheme s name as Edelweiss Large Cap Advantage Fund. Equity Fund The primary objective of the Scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalisation, listed in India. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. TOP TWENTY EQUITY HOLDINGS as on 30, Name of Instrument Industry % to Net Assets HDFC Bank Ltd. Banks 8.58% IndusInd Bank Ltd. Banks 4.59% Reliance Industries Ltd. Petroleum Products 4.59% ITC Ltd. Consumer Non Durables 4.05% ICICI Bank Ltd. Banks 3.91% Infosys Ltd. Software 3.78% Yes Bank Ltd. Banks 2.97% Kotak Mahindra Bank Ltd. Banks 2.45% State Bank of India Banks 2.45% Eicher Motors Ltd. Auto 2.43% Larsen & Toubro Ltd. Construction Project 2.14% Maruti Suzuki India Ltd. Auto 2.08% Tata Motors Ltd. Auto 1.84% Petronet LNG Ltd. Gas 1.79% Sun Pharmaceutical Ind Ltd. Pharmaceuticals 1.64% Gruh Finance Ltd. Finance 1.6 Kansai Nerolac Paints Ltd. Consumer Non Durables 1.52% Alkem Laboratories Ltd. Pharmaceuticals 1.33% Indiabulls Housing Finance Ltd. Finance 1.29% Hindustan Unilever Ltd. Consumer Non Durables 1.28% SIP PERFORMANCE as on 30, If you had invested `10,000 every month Total Amount Invested 120, , ,000 Total Value as on 30-Jun- 131, , ,239 Returns 17.72% % Total Value of Nifty 50 Index 130, , ,527 Total Value of S&P BSE Sensex 130, , ,765 Nifty 50 Index Returns 16.73% 9.14% 11.39% S&P BSE Sensex Returns 17.36% 8.38% 10.69% For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future FUND PERFORMANCE as on 30, Since Inception - Plan B Since Inception - Plan C Scheme- INDUSTRY ALLOCATION- % of Equity Holdings DIVIDEND HISTORY Rate (Rs/unit) Dividend Option 27-Apr-17 9-Mar-15 8-Aug-14 6-Dec May-13 Edelweiss Large Cap Advantage Fund Scheme - Plan B After payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy (if applicable). Past performance may or may not be sustained in future. Dividend is declared on the face value of Rs. 10/- per unit. Scheme - Plan C Consumer Non Durables Pharmaceu cals Petroleum Products Construc on Project Industrial Capital Goods Consumer Durables Non - Ferrous Metals Transporta on Tex le Products Industrial Products Ferrous Metals Portfolio analysis: Market cap-wise (Nifty 50) dividend NAV Additional (S&P BSE Sensex) 15.87% Finance So ware Cement Pes cides 41.97% 15.74% 11, % 11, % 11, % 11, % 11, % 11, , % 14, % 14, % 14, % 12, % 12, % 21, % 21, % 21,005 NA NA , % 17, % 29,710 NA NA NA NA NA NA 10.38% 22, % 21,992 NA NA 14.43% 29,860 NA NA NA NA 10.38% 22, % 21,992 NA NA NA NA 14.24% 29,470 NA NA 10.38% 22, % 21,992 NA NA NA NA NA NA 14.97% 18, % 15, ,703 Banks Auto Gas Power Oil % 0.91% 0.73% 0.3 Edelweiss Large Cap Advantage Fund An open ended equity scheme 20-May-09 Plan B 20-May-09 Plan C 20-May Jan-13 If the Units are redeemed / switched out on or before 365 days from the date of allotment 1.0 If the Units are redeemed / switched out after 365 days from the date of allotment Nil : Mr. Kar k Soral Experience: 10 years Co-: Mr. Bharat Lahoti Experience: 11 years Mr. Kartik Soral 01-Apr-15 Mr. Bharat Lahoti 02-May-17 Rs. 1000/- per application & in multiples of Re. 1/- thereafter Additional investment amount Rs. 1000/- per application & in multiples of Re. 1/- thereafter Quantitative indicators as on 30, Standard deviation 13.27% Sharpe ratio** 0.45 Portfolio Beta 0.96 Portfolio Turnover Ratio^ 3.45 **Risk free rate of return (FIMMDA Overnight MIBOR) 6.25% Please note: Standard devia on and Sharpe ra o are annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on 30, Total stocks in por olio 51 Top 10 stocks 39.77% Ac ve posi ve bets Total por olio 38.42% Note: Active positive bets are those where the fund has a higher weightage as compared to the benchmark Nifty 50. Source: Bloomberg Total Expense Ratios~: Plan B 1.3 Plan C 1.3 : Nifty 50 NAV (as on 30th, in Rs.) Dividend Op on Growth Option Dividend Option Growth Option *Plan B - Dividend option *Plan B - Growth option *Plan C - Dividend option *Plan C - Growth option *closed for subscrip on AUM as on 30 Rs Crore Average AUM for the month Rs Crore This product is suitable for investors who are seeking*: To create wealth in the long term Investment predominantly in equity and equity related securities including equity derivatives of the 100 largest companies by market capitalization, listed in India. Moderately High Risk 1. Different plans shall have different expense structure. The performance details provided herein are of, Plan B, Plan C and of Edelweiss Large Cap Advantage Fund. Returns are for Growth Op on only. 2. The scheme is currently managed by Kar k Soral (managing this fund from April 1, 2015) and Mr. Bharat Lahoti (Managing this fund from May 2, ). Please refer page no. 30 & 31 for name of the other schemes currently managed by the s. 3. Based on standard investment of Rs 10,000 made in the beginning of the respec ve period. 4. Standard prescribed by SEBI vide circular August 22, For the performance of other Schemes managed by the s, please refer to the relevant scheme. 2.54% 2.14% 1.74% 1.71% 1.48% 1.37% 1.21% 1.13% 6.93% 6.35% % 8.35% 11.64% 42.16% 24.93% > Crs. INR Crs. INR Crs. INR 6500 Crs. INR Crs. INR 7

10 EQUITY OPPORTUNITIES Fund Formerly, JPMorgan India Equity Fund. As already no fied the Schemes of JPMorgan Mutual Fund have been transferred to and form part of Edelweiss Mutual Fund on and from the close of business hours on November 25, Equity Fund The investment objective of the Scheme is to generate income and long-term capital growth from a diversified portfolio of predominantly equity and equity-related securities including equity derivatives. However, there can be no assurance that the investment objective of the Scheme will be realised. TOP TWENTY EQUITY HOLDINGS as on 30, Name of Instrument Industry % to Net Assets HDFC Bank Ltd. Banks 8.36% ITC Ltd. Consumer Non Durables 5.81% Housing Development Finance Corp Ltd. Finance 5.4 ICICI Bank Ltd. Banks 5.36% Reliance Industries Ltd. Petroleum Products 5.01% Maruti Suzuki India Ltd. Auto 4.45% Larsen & Toubro Ltd. Construction Project 4.17% IndusInd Bank Ltd. Banks 3.37% Infosys Ltd. Software 3.29% State Bank of India Banks 2.59% Kotak Mahindra Bank Ltd. Banks 2.51% Tata Motors Ltd. Auto 2.23% Tata Consultancy Services Ltd. Software 2.19% Sun Pharmaceutical Ind Ltd. Pharmaceuticals 1.69% Bajaj Finance Ltd. Finance 1.68% Britannia Industries Ltd. Consumer Non Durables 1.58% Power Grid Corporation of India Ltd. Power 1.57% Motilal Oswal Financial Services Ltd. Finance 1.56% Kansai Nerolac Paints Ltd. Consumer Non Durables 1.46% Zee Entertainment Enterprises Ltd. Media & Entertainment 1.44% SIP PERFORMANCE as on 30, If you had invested `10,000 every month Total Amount Invested 120, , ,000 Total Value as on 30-Jun- 131, , ,221 Returns 18.17% 11.37% 15.34% Total Value of S&P BSE 200 Index 131, , ,201 Total Value of Nifty 50 Index 130, , ,527 S&P BSE 200 Index Returns 18.61% 11.36% 13.64% Nifty 50 Index Returns 16.73% 9.14% 11.39% For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future FUND PERFORMANCE as on 30, EDELWEISS EQUITY OPPORTUNITIES Fund INDUSTRY ALLOCATION- % of Equity Holdings After payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy (if applicable). Past performance may or may not be sustained in future. Dividend is declared on the face value of Rs. 10/- per unit. Banks Finance Consumer Non Durables Auto Construc on Project Petroleum Products So ware Cement Construc on Consumer Durables Pharmaceu cals Industrial Products Gas Power Media & Entertainment Telecom - Equipment & Accessories Chemicals Ferrous Metals Auto Ancillaries Industrial Capital Goods Tex le Products DIVIDEND HISTORY Portfolio analysis: Market cap-wise (S&P BSE 200) Rate (Rs/unit) Dividend Option May Apr Mar Feb dividend NAV % 20. Additional (Nifty 50) 16.19% 11, % 11, % 11, % 11, % 14, % 14, % 13, % 12, % 21,013 NA NA 14.16% 19, , % 26,628 NA NA , % 22,832 NA NA 16.02% 19, % 16, % 15, % 9.75% 9.42% 7.98% 5.98% 5.93% 5.48% 4.63% 2.82% % 2.37% 1.75% 1.57% 1.44% 1.26% 1.23% 1.14% 0.78% 0.72% 0.55% % > Crs. INR Crs. INR Crs. INR 6500 Crs. INR Crs. INR < 6500 Crs. INR Edelweiss Equity Opportunities Fund An open-ended equity growth scheme 14-Jun-07 1-Jan-13 If the Units are redeemed / switched out on or before 12 months from the date of allotment 1.0 If the Units are redeemed / switched out after 12 months from the date of allotment Nil Head Equi es: Mr. Harshad Patwardhan Experience: 23 years : Mr. Amit Gadgil Experience: 15 years Mr. Harshad Patwardhan 14-Jun-07 Mr. Amit Gadgil 14-Jun-07 `5000/- per application & in multiples of `1/- thereafter Additional investment amount Rs. 1000/- per application & in multiples of ` 1/- thereafter Quantitative indicators as on 30, Standard deviation 13.52% Sharpe ratio** 1.02 Portfolio beta 0.45 Portfolio Turnover Ratio^ 1.24 **Risk free rate of return (FIMMDA Overnight MIBOR) 6.25% Please note: Standard devia on and Sharpe ra o are annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on 30, Total stocks in por olio 49 Top 10 stocks 47.81% Ac ve posi ve bets Total por olio 39.7 Note: Active positive bets are those where the fund has a higher weightage as compared to the benchmark S&P BSE 200. Source: Bloomberg. Total Expense Ratios~: 2.54% 2.12% : S&P BSE 200 NAV (as on 30th, in Rs.) Dividend Op on Growth Option Dividend Option Growth Option AUM as on 30 Rs Crore Average AUM for the month Rs Crore This product is suitable for investors who are seeking*: Long-term capital growth. Investments predominantly in equity and equity related securities Moderately High Risk 1. Different plans shall have different expense structure. The performance details provided herein are of and of Edelweiss Equity Opportuni es Fund. Returns are for Growth Op on only. Since Incep on returns are calculated on Rs. 10/- invested at incep on of the scheme. 2. The scheme is currently managed by Harshad Patwardhan (managing this fund from 14, 2007) and Mr. Amit Gadgil (Managing this fund from 14, 2007). Please refer page no. 30 & 31 for name of the other schemes currently managed by the s. 3. Based on standard investment of Rs 10,000 made in the beginning of the respec ve period. 4. Standard prescribed by SEBI vide circular August 22, For the performance of other Schemes managed by the s, please refer to the relevant scheme. 8

11 MID AND SMALL CAP FUND Formerly, JPMorgan India Mid and Small Cap Fund. As already no fied the Schemes of JPMorgan Mutual Fund have been transferred to and form part of Edelweiss Mutual Fund on and from the close of business hours on November 25, Further, Edelweiss Emerging Leaders Fund was merged with JPMorgan India Mid and Small Cap Fund on and from close of business hours on November 25, 2016 with the surviving scheme s name as Edelweiss Mid and Small Cap Fund. Equity Fund The investment objective is to seek to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities focused on smaller companies. Generally, the universe will be the companies constituting the bottom fourth by way of market capitalization of stocks listed on the NSE or the BSE. The fund manager may from time to time include other equity and equity related securities outside the universe to achieve optimal portfolio construction. However, there can be no assurance that the investment objective of the scheme will be realised. TOP TWENTY EQUITY HOLDINGS as on 30, Name of Instrument Industry % to Net Assets MRF Ltd. Auto Ancillaries 3.0 The Federal Bank Ltd. Banks 2.85% Kansai Nerolac Paints Ltd. Consumer Non Durables 2.78% Petronet LNG Ltd. Gas 2.72% City Union Bank Ltd. Banks 2.31% Sterlite Technologies Ltd. Telecom - Equipment & Accessories 2.25% IndusInd Bank Ltd. Banks 2.23% CEAT Ltd. Auto Ancillaries 2.19% Cholamandalam Investment & Fin Co Ltd. Finance 2.15% The Ramco Cements Ltd. Cement 2.14% Cadila Healthcare Ltd. Pharmaceuticals 2.14% Havells India Ltd. Consumer Durables 2.11% Vakangee Ltd. Software 2.1 Supreme Industries Ltd. Industrial Products 2.07% Gruh Finance Ltd. Finance 1.97% Nbcc India Ltd. Construction 1.95% Kirloskar Brothers Ltd. Industrial Products 1.84% Vinati Organics Ltd. Chemicals 1.78% Equitas Holdings Ltd. Finance 1.77% Whirlpool of India Ltd. Consumer Durables 1.71% SIP PERFORMANCE as on 30, If you had invested `10,000 every month Total Amount Invested 120, , ,000 Total Value as on 30-Jun- 135, ,696 1,136,306 Returns 24.22% 17.48% 25.88% Total Value of Nifty Free Float Midcap 100 Index 134, ,197 1,019,960 Total Value of Nifty 50 Index 130, , ,527 Nifty Free Float Midcap 100 Index Returns 23.83% 18.47% 21.38% Nifty 50 Index Returns 16.73% 9.14% 11.39% For SIP returns, monthly investment of equal amounts invested on the 1st working day of every month. Past performance may or may not be sustained in future FUND PERFORMANCE as on 30, INDUSTRY ALLOCATION- % of Equity Holdings DIVIDEND HISTORY Rate (Rs/unit) Dividend Option EDELWEISS MID AND SMALL CAP Fund After payment of dividend, the NAV will fall to the extent of dividend payout and statutory levy (if applicable). Past performance may or may not be sustained in future. Dividend is declared on the face value of Rs. 10/- per unit. Portfolio analysis: Market cap-wise dividend NAV 20-Mar > Crs. INR 6500 Crs. INR Crs. INR 3250 Crs. INR Crs. INR < 3250 Crs. INR Telecom - Equipment & Accessories Hotels, Resorts And Other Recrea onal Ac vi es (Nifty Free Float Midcap 100) 21.44% Consumer Non Durables Industrial Capital Goods 16.26% Finance Auto Ancillaries Additional (Nifty 50) 24.52% 12, % 12, % 12, % 11, % 17, % 17, % 15, % 12, % 32,589 NA NA 19.23% 24, , % 24,647 NA NA 7.52% 19, % 15,683 NA NA 25.69% 27, % 20, % 15,999 Banks Industrial Products Consumer Durables Cement Construc on Gas Pharmaceu cals So ware Chemicals Tex le Products Construc on Project Pes cides Commercial Services Ferrous Metals Paper 1.15% 0.76% 0.55% 2.43% 2.25% 1.98% 1.59% 3.29% % 2.64% % 39.81% 5.24% 8.05% 7.75% 7.73% 7.19% 7.18% 9.69% 9.48% Edelweiss Mid and Small Cap Fund An open-ended equity growth scheme 26-Dec Jan-2013 If the Units are redeemed / switched out on or before 12 months from the date of allotment 1.0 If the Units are redeemed / switched out a er 12 months from the date of allotment Nil Head Equi es: Mr. Harshad Patwardhan Experience: 23 years : Mr. Amit Gadgil Experience: 15 years Mr. Harshad Patwardhan 26-Dec-07 Mr. Amit Gadgil 26-Dec-07 `5000/- per application & in multiples of `1/- thereafter Additional investment amount Rs. 1000/- per application & in multiples of ` 1/- thereafter Quantitative indicators as on 30, Standard deviation 15.42% Sharpe ratio** 0.85 Portfolio Beta 1.01 Portfolio Turnover Ratio^ 1.25 **Risk free rate of return (FIMMDA Overnight MIBOR) 6.25% Please note: Standard devia on and Sharpe ra o are annualized. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. Ratio as on 30, Total stocks in por olio 65 Top 10 stocks 24.64% Ac ve posi ve bets Total por olio 72.98% Note: Active positive bets are those where the fund has a higher weightage as compared to the benchmark Nifty Free Float Midcap 100. Source: Bloomberg. Total Expense Ratios~: 2.45% 1.95% : Nifty Free Float Midcap 100 NAV (as on 30th, in Rs.) Dividend Op on Growth Op on Dividend Op on Growth Op on AUM as on 30 Rs Crore Average AUM for the month Rs Crore This product is suitable for investors who are seeking*: Long Term Capital Growth Investments predominantly in equity and equity related securities focused on smaller companies (generally,the universe will be the companies constituting the bottom fourth by way of market capitalization of stockslisted on the National Stock Exchange or Bombay Stock Exchange.) ^ ^The may from time to time include other equity and equity related securities outside the universe to achieve optimal portfolio construction LOW HIGH High Risk 1. Different plans shall have different expense structure. The performance details provided herein are of and of Edelweiss Mid and Small Cap Fund. Returns are for Growth Op on only. Since Incep on returns are calculated on Rs. 10/- invested at incep on of the scheme. 2. The scheme is currently managed by Harshad Patwardhan (managing this fund from December 26, 2007) and Mr. Amit Gadgil (Managing this fund from December 26, 2007). Please refer page no. 30 & 31 for name of the other schemes currently managed by the s. 3. Based on standard investment of Rs 10,000 made in the beginning of the respec ve period. 4. Standard prescribed by SEBI vide circular August 22, For the performance of other Schemes managed by the s, please refer to the relevant scheme. 9