Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Regular Plan - IDCW Option

Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund - Regular Plan - IDCW Option holds up reasonably well within the Sectoral category, currently carrying a 3-star rating. It has delivered steady, if unspectacular, returns over a full market cycle. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 75/100.

Cost: At 0.97%, the expense ratio is roughly in line with the Sectoral category average of 1.05% — cost isn't a standout factor either way for this fund.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a moderate Sharpe ratio of 0.98 — decent risk-adjusted performance, without being exceptional. Separately, annualised volatility of 11.61% is on the lower side, suggesting a comparatively smoother ride.

Who should invest: This fund is best suited to investors whose goals and risk appetite align with a Equity fund. Given the Very High risk rating, this fund is not suited to short-term goals or investors who may need to exit within 2-3 years.