Edelweiss ASEAN Equity Off-shore Fund
FoF Overseas · Edelweiss Asset Management Limited
Among the 156 funds in its category, most others have grown money faster than this one. ₹1 lakh invested 5 years ago would be about ₹1.7 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹11.9 lakh and grown it to about ₹20.7 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹63,920. Funds like this reward patience and punish panic-selling.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Edelweiss ASEAN Equity Off-shore Fund is a FoF Overseas fund from Edelweiss Asset Management Limited. It has a track record of about 9.8 years. As of the latest data it carries an RS rating of 65/99 (its recent momentum versus category peers) and a King Score of 41/100 (a long-term quality composite). The current NAV is ₹42.38 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Edelweiss ASEAN Equity Off-shore Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -2.32% | -2.26% |
| 3 months | 5.17% | -1.03% |
| 6 months | 11.91% | 11.75% |
| 1 year | 19.34% | 24.53% |
| 3 years (CAGR) | 16.85% | 23.16% |
| 5 years (CAGR) | 10.98% | 12.62% |
The last 5 years return is 10.98% a year (₹1 lakh → ₹1.7 lakh), and the last 3 years return is 16.85% - behind its category's 23.16% average by 6.3 points. Its trailing one-year return is 19.34%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Edelweiss ASEAN Equity | Benchmark |
|---|---|---|
| 2018 | -1.2% | -3.4% |
| 2019 | +12.8% | +7.7% |
| 2020 | +3.0% | +16.7% |
| 2021 | +7.1% | +30.2% |
| 2022 | +5.5% | +3.0% |
| 2023 | -0.7% | +25.8% |
| 2024 | +15.3% | +15.2% |
| 2025 | +18.4% | +6.7% |
| 2026 | +15.5% | -5.8% |
Edelweiss ASEAN Equity Off-shore Fund beat its benchmark in 6 of the last 9 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Edelweiss ASEAN Equity Off-shore Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹498,691 | 20.39% |
| 5 years | ₹610,000 | ₹890,209 | 15.1% |
| 10 years | ₹1,190,000 | ₹2,068,410 | 10.84% |
Over 10 years, ₹1,190,000 invested in monthly instalments would have grown to about ₹2,068,410 - an XIRR of 10.84%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -36.08% | -29.92% |
| Worst drawdown (3Y) | -16.32% | -18.62% |
| Volatility (1Y) | 16.28% | 23.2% |
| Sharpe (3Y) | 0.74 | 0.77 |
| Sortino (3Y) | 1.29 | 1.47 |
| Beta (3Y) | 0.36 | 0.31 |
| Alpha (3Y) | 10.07% | 15.72% |
| Up capture | 55.2% | 63.19% |
| Down capture | 20.3% | 15.34% |
| Bull-market return | 17.8% | 22.11% |
| Bear-market return | -15.6% | -0.02% |
Timing matters more than people admit: the best possible 1-year stretch in Edelweiss ASEAN Equity Off-shore Fund (starting 2020-03-23) gained 61.4%, while the worst (starting 2019-03-22) lost 30.5%. The worst peak-to-bottom fall Edelweiss ASEAN Equity Off-shore Fund has ever put investors through is -36.08% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -15.6% annualised, versus 17.8% in rising markets. It has captured roughly 55.2% of its benchmark's up-moves and 20.3% of its down-moves.
How Edelweiss ASEAN Equity Off-shore Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Edelweiss ASEAN Equity Off-shore Fund has historically returned about -15.6% annualised, versus roughly 17.8% when the market is rising. Its deepest fall on record is -36.08%. Right now it sits about 2.32% below its all-time high (last hit 2026-08-14). The real question isn't the average year - it's whether you could hold on through the worst one.
How Edelweiss ASEAN Equity Off-shore Fund ranks in its category
Percentile versus its ~156 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 5.6% |
| 3Y windows positive | 98.6% |
| Worst 3Y window | -3.72% |
| Median 5Y rolling CAGR | 6.06% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Edelweiss ASEAN Equity Off-shore Fund returned a median of 5.6% a year, and 98.6% of those windows were positive.
Who manages Edelweiss ASEAN Equity Off-shore Fund - and how good are they?
Edelweiss ASEAN Equity Off-shore Fund is managed by Bhavesh Jain and Bharat Lahoti. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Bhavesh Jain's full record
Bhavesh Jain currently runs 26 funds, across Arbitrage Fund, Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, FoF Overseas and more, with about ₹47,172 Cr under management. The book's average King Score is 58.6/100. Their strongest fund by King Score is Edelweiss Arbitrage Fund (81/100); Edelweiss ASEAN Equity Off-shore Fund ranks #16 of 26 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss Arbitrage Fund | 80 | 81 | 1.6% | 3.1% | 6.7% | 7.4% | 6.9% | 6.5% | 0.92 | 6.8% | -0.5% |
| 2 | Edelweiss Balanced Advantage Fund | 89 | 79 | 1.2% | 4.5% | 3.8% | 9.9% | 9.0% | 11.9% | 0.36 | 13.1% | -16.2% |
| 3 | Edelweiss Gold and Silver ETF FOF | 88 | 77 | -5.3% | -7.1% | 59.3% | 40.5% | n/a | n/a | 1.23 | 40.9% | -23.9% |
| 4 | Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund | 98 | 74 | 8.3% | 15.0% | 18.9% | 18.5% | 13.3% | n/a | 0.94 | 17.3% | -16.3% |
| 5 | Edelweiss Large Cap Fund | 75 | 72 | 0.4% | 1.6% | -2.1% | 9.2% | 9.4% | 12.9% | 0.2 | 15.0% | -35.1% |
| 6 | Edelweiss Europe Dynamic Equity Offshore Fund | 53 | 63 | 0.3% | 9.0% | 24.1% | 24.7% | 15.6% | n/a | 1.07 | 10.3% | -35.7% |
| 7 | Edelweiss NIFTY Large Midcap 250 Index Fund | 41 | 61 | -1.4% | 4.0% | -0.5% | 10.7% | n/a | n/a | 0.27 | 18.0% | -18.9% |
| 8 | Edelweiss Recently Listed IPO Fund | 95 | 59 | 7.2% | 30.2% | 17.8% | 17.0% | 11.2% | n/a | 0.57 | 19.2% | -32.3% |
| 9 | Edelweiss Nifty Next 50 Index Fund | 60 | 59 | -1.4% | 7.7% | 3.9% | 15.8% | n/a | n/a | 0.47 | 19.4% | -26.4% |
| 10 | Edelweiss Emerging Markets Opportunities Equity Offshore Fund | 90 | 58 | -3.7% | 16.7% | 48.2% | 27.6% | 11.5% | n/a | 1.1 | 7.2% | -38.8% |
| 11 | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | 42 | 56 | -2.8% | 5.8% | 1.1% | 14.1% | n/a | n/a | 0.36 | 23.0% | -25.8% |
| 12 | Edelweiss Nifty Smallcap 250 Index Fund | 94 | 53 | 3.5% | 18.2% | 4.5% | 13.6% | n/a | n/a | 0.35 | 19.9% | -26.1% |
| 13 | Edelweiss US Value Equity Offshore Fund | 89 | 52 | 3.7% | 17.1% | 29.2% | 20.0% | 15.2% | n/a | 0.91 | 13.2% | -34.8% |
| 14 | Edelweiss US Technology Equity Fund of Fund | 42 | 52 | -6.3% | 22.5% | 19.1% | 28.9% | 15.3% | n/a | 0.75 | 13.2% | -45.3% |
| 15 | Edelweiss Nifty 100 Quality 30 Index Fund | 35 | 48 | 0.1% | 2.7% | -4.7% | 7.4% | n/a | n/a | 0.07 | 14.3% | -21.0% |
| 16 | Edelweiss ASEAN Equity Off-shore Fund (this page) | 65 | 41 | 5.2% | 11.9% | 19.3% | 16.9% | 11.0% | n/a | 0.74 | 5.6% | -36.1% |
| 17 | Edelweiss Nifty 50 Index Fund | 16 | 38 | -2.1% | -1.6% | -6.6% | 5.8% | n/a | n/a | -0.04 | 12.6% | -16.6% |
| 18 | Edelweiss Greater China Equity Off-shore Fund | 40 | 31 | -4.8% | 10.2% | 25.5% | 22.9% | 6.0% | n/a | 0.67 | 12.4% | -54.4% |
| 19 | Edelweiss BSE Internet Economy Index Fund | 99 | n/a | 12.1% | 20.4% | 7.7% | n/a | n/a | n/a | 0.25 | n/a | -21.4% |
| 20 | Edelweiss Multi Asset Omni Fund of Fund | 65 | n/a | -0.7% | 3.8% | 12.6% | n/a | n/a | n/a | n/a | n/a | -10.4% |
| 21 | Edelweiss Income Plus Arbitrage Active Fund of Funds | 57 | n/a | 1.6% | 3.0% | 5.8% | n/a | n/a | n/a | n/a | n/a | -0.1% |
| 22 | Edelweiss Business Cycle Fund | 51 | n/a | 2.2% | 5.0% | 2.5% | n/a | n/a | n/a | -0.59 | n/a | -26.4% |
| 23 | Edelweiss Nifty Alpha Low Volatility 30 Index Fund | 37 | n/a | -0.1% | 2.2% | -2.9% | n/a | n/a | n/a | -0.52 | n/a | -24.9% |
| 24 | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund | 19 | n/a | -5.0% | 3.2% | -4.3% | n/a | n/a | n/a | -0.64 | n/a | -27.7% |
| 25 | Edelweiss Silver ETF Fund of Fund | n/a | n/a | -10.0% | -10.7% | n/a | n/a | n/a | n/a | n/a | n/a | -35.7% |
| 26 | Edelweiss Gold ETF Fund of Fund | n/a | n/a | -0.2% | -3.6% | n/a | n/a | n/a | n/a | n/a | n/a | -12.8% |
Bharat Lahoti's full record
Bharat Lahoti currently runs 21 funds, across Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, FoF Overseas, Index Funds and more, with about ₹31,743 Cr under management. The book's average King Score is 55.6/100. Their strongest fund by King Score is Edelweiss Balanced Advantage Fund (79/100); Edelweiss ASEAN Equity Off-shore Fund ranks #12 of 21 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss Balanced Advantage Fund | 89 | 79 | 1.2% | 4.5% | 3.8% | 9.9% | 9.0% | 11.9% | 0.36 | 13.1% | -16.2% |
| 2 | Edelweiss Gold and Silver ETF FOF | 88 | 77 | -5.3% | -7.1% | 59.3% | 40.5% | n/a | n/a | 1.23 | 40.9% | -23.9% |
| 3 | Edelweiss Large Cap Fund | 75 | 72 | 0.4% | 1.6% | -2.1% | 9.2% | 9.4% | 12.9% | 0.2 | 15.0% | -35.1% |
| 4 | Edelweiss Europe Dynamic Equity Offshore Fund | 53 | 63 | 0.3% | 9.0% | 24.1% | 24.7% | 15.6% | n/a | 1.07 | 10.3% | -35.7% |
| 5 | Edelweiss Recently Listed IPO Fund | 95 | 59 | 7.2% | 30.2% | 17.8% | 17.0% | 11.2% | n/a | 0.57 | 19.2% | -32.3% |
| 6 | Edelweiss Emerging Markets Opportunities Equity Offshore Fund | 90 | 58 | -3.7% | 16.7% | 48.2% | 27.6% | 11.5% | n/a | 1.1 | 7.2% | -38.8% |
| 7 | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | 42 | 56 | -2.8% | 5.8% | 1.1% | 14.1% | n/a | n/a | 0.36 | 23.0% | -25.8% |
| 8 | Edelweiss Nifty Smallcap 250 Index Fund | 94 | 53 | 3.5% | 18.2% | 4.5% | 13.6% | n/a | n/a | 0.35 | 19.9% | -26.1% |
| 9 | Edelweiss US Value Equity Offshore Fund | 89 | 52 | 3.7% | 17.1% | 29.2% | 20.0% | 15.2% | n/a | 0.91 | 13.2% | -34.8% |
| 10 | Edelweiss US Technology Equity Fund of Fund | 42 | 52 | -6.3% | 22.5% | 19.1% | 28.9% | 15.3% | n/a | 0.75 | 13.2% | -45.3% |
| 11 | Edelweiss Nifty 100 Quality 30 Index Fund | 35 | 48 | 0.1% | 2.7% | -4.7% | 7.4% | n/a | n/a | 0.07 | 14.3% | -21.0% |
| 12 | Edelweiss ASEAN Equity Off-shore Fund (this page) | 65 | 41 | 5.2% | 11.9% | 19.3% | 16.9% | 11.0% | n/a | 0.74 | 5.6% | -36.1% |
| 13 | Edelweiss Nifty 50 Index Fund | 16 | 38 | -2.1% | -1.6% | -6.6% | 5.8% | n/a | n/a | -0.04 | 12.6% | -16.6% |
| 14 | Edelweiss Greater China Equity Off-shore Fund | 40 | 31 | -4.8% | 10.2% | 25.5% | 22.9% | 6.0% | n/a | 0.67 | 12.4% | -54.4% |
| 15 | Edelweiss BSE Internet Economy Index Fund | 99 | n/a | 12.1% | 20.4% | 7.7% | n/a | n/a | n/a | 0.25 | n/a | -21.4% |
| 16 | Edelweiss Multi Asset Omni Fund of Fund | 65 | n/a | -0.7% | 3.8% | 12.6% | n/a | n/a | n/a | n/a | n/a | -10.4% |
| 17 | Edelweiss Income Plus Arbitrage Active Fund of Funds | 57 | n/a | 1.6% | 3.0% | 5.8% | n/a | n/a | n/a | n/a | n/a | -0.1% |
| 18 | Edelweiss Business Cycle Fund | 51 | n/a | 2.2% | 5.0% | 2.5% | n/a | n/a | n/a | -0.59 | n/a | -26.4% |
| 19 | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund | 19 | n/a | -5.0% | 3.2% | -4.3% | n/a | n/a | n/a | -0.64 | n/a | -27.7% |
| 20 | Edelweiss Silver ETF Fund of Fund | n/a | n/a | -10.0% | -10.7% | n/a | n/a | n/a | n/a | n/a | n/a | -35.7% |
| 21 | Edelweiss Gold ETF Fund of Fund | n/a | n/a | -0.2% | -3.6% | n/a | n/a | n/a | n/a | n/a | n/a | -12.8% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 1.6% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹151 Cr |
| Age | 9.8 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Edelweiss ASEAN Equity Off-shore Fund compares to peers
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Edelweiss ASEAN Equity Off-shore Fund review: the bottom line
Related
Frequently asked questions
Is Edelweiss ASEAN Equity Off-shore Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Edelweiss ASEAN Equity Off-shore Fund scores 41/100 on our King Score and RS 65/99 within its category, has compounded 16.85% a year over three years, and its worst drawdown was -36.08%. Compare those against your needs and the peer table above.
What is the NAV of Edelweiss ASEAN Equity Off-shore Fund today?
The latest NAV is ₹42.38 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the expense ratio of Edelweiss ASEAN Equity Off-shore Fund?
The Direct-plan expense ratio is 1.6% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Edelweiss ASEAN Equity Off-shore Fund?
Edelweiss ASEAN Equity Off-shore Fund is managed by Bhavesh Jain; Bharat Lahoti.
Is Edelweiss ASEAN Equity Off-shore Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -36.08% - ₹1 lakh briefly becoming about ₹63,920. As a international fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Edelweiss ASEAN Equity Off-shore Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹11.9 lakh into about ₹20.7 lakh (XIRR 10.84%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Edelweiss ASEAN Equity Off-shore Fund?
A ₹10,000/month SIP over 10 years would have grown to about ₹2,068,410 (an XIRR of 10.84%) on ₹1,190,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Edelweiss ASEAN Equity Off-shore Fund rank among similar funds?
On 3-year returns it sits around the 28th percentile of its category, and its consistency ranks 58th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Edelweiss ASEAN Equity Off-shore Fund tax-efficient / what about capital gains?
As a international fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Edelweiss ASEAN Equity Off-shore Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
- Screen 1,600+ funds on the same metrics
Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.