ReviewDirect · GrowthPrefer peers first
Edelweiss ASEAN Equity Off-shore Fund
- NAV
- 38.205
- 5 Nov 2026
- 1Y
- +8.1%
- Trailing CAGR
- AUM
- ₹160.81 Cr
- 31 Aug 2026
- Volatility
- Medium
- 14.1% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 5 Nov 2026
Stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
In three lines
Watch if · Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
Watch if · Three-year return sits below the 25th percentile of comparable share classes.
Prefer peers if · Prefer ICICI Prudential Global Stable Equity Fund (FOF) if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
9.9 years of path to read.
Engine status
Fail
The live read flags issues. Inspect same-category alternatives before buying.
Expense ratio
Pass
0.75% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -36.1%. Ask whether you can hold through a similar fall.
Vs category
Fail
8% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
n/a
Manager not listed.
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
Watch
Top 10 holdings ≈ 100.0% 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.
SIP discipline
Review does not mean stop the SIP tomorrow - compare peers first. Stopping on a red label often locks in the worst path.
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+8.1%
- 3Y+14.6%
- 5Y+7.6%
- 10Yn/a
- SI+8.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.6%
- 3Y+11.7%
- 5Y+10.4%
- 10Yn/a
- Since inception
- +8.6%
- Calendar-day CAGR
- Excess 1Y
- -5.5%
- Category median, same plan and option
- 3Y win rate
- +8%
- Windows beating the median
- 3Y percentile
- 18
- Vs comparable share classes
- SIP 3Y XIRR
- +11.7%
- Simulated monthly SIP
- Worst rolling 3Y
- -5.6%
- 1661 daily-ending windows
- Median rolling 3Y
- +5.9%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1181 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -36.1%
- Worst peak-to-trough
- Current
- -12.6%
- Below last peak
- Current spell
- 80 days
- Days below latest peak
- Time below peak
- +91%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 20 days
- 91 recovered episodes
- Longest recovery
- 350 days
- Trough to prior peak
17 Jan 2020 – 23 Nov 2020
Trough 23 Mar 2020 · recovered in 245 days
-36.1%
24 Sept 2024 – 15 May 2025
Trough 9 Apr 2025 · recovered in 36 days
-16.3%
19 Oct 2021 – 9 Jan 2023
Trough 15 Jul 2022 · recovered in 178 days
-14.3%
3 Feb 2023 – 12 Jul 2024
Trough 1 Nov 2023 · recovered in 254 days
-13.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
18
Vs category
16
Consistency
24
Risk-adjusted
39
Drawdown
10
Mean
21
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Review
Buying stance
Prefer peers first
The live read flags issues. Inspect same-category alternatives before buying.
Why this status
- Long-term category-relative performance remains stronger than the most recent rolling 1-year windows, which have deteriorated across multiple periods.
- Three-year return sits below the 25th percentile of comparable share classes.
- Maximum drawdown exceeded 35%.
Supporting reads
No supporting reads in the current evidence set.
Portfolio
31 Aug 2026 · 4 holdings · top 10 are 100.0%.
- Top 5
- 100.0%
- Top 10
- 100.0%
- Largest holding
- n/a
- Effective holdings
- n/a
Asset mix
Equity
96.1%
Debt
3.9%
Sectors
Others
100.0%
What changed
PERFORMANCE
Recent rolling excess versus the category median has deteriorated.
5 Nov 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
ICICI Prudential Global Stable Equity Fund (FOF)
ICICI Prudential Mutual Fund
- 1Y
- +24.4%
- 3Y
- +16.5%
- Vol
- 12.6%
- Max DD
- -26.2%
- Sharpe
- 0.48
- 3Y win
- +51%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Bandhan US specific Equity Active FOF
Bandhan Mutual Fund
- 1Y
- -1.6%
- 3Y
- +21.9%
- Vol
- 21.1%
- Max DD
- -27.1%
- Sharpe
- 0.48
- 3Y win
- +99%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Edelweiss Europe Dynamic Equity Offshore Fund
Edelweiss Mutual Fund
- 1Y
- +19.7%
- 3Y
- +25.8%
- Vol
- 16.8%
- Max DD
- -35.7%
- Sharpe
- 0.50
- 3Y win
- +52%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
ICICI Prudential Strategic Metal and Energy Equity Fund of Fund
ICICI Prudential Mutual Fund
- 1Y
- +53.4%
- 3Y
- +32.9%
- Vol
- 25.3%
- Max DD
- -24.3%
- Sharpe
- 0.94
- 3Y win
- +79%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility
Kotak US Specific Equity Passive FOF
Kotak Mahindra Mutual Fund
- 1Y
- +12.9%
- 3Y
- +26.8%
- Vol
- 21.4%
- Max DD
- -29.1%
- Sharpe
- 0.68
- 3Y win
- +100%
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility