Edelweiss Absolute Return Fund^

(1)

Mr. Absolute strategies:

Managing Equity exposure based on market

opportunity and eﬀec ve risk mi ga on and

monitoring processes

Dynamically Hedged Equity Investments

Inves ng in various corporate events like Open

oﬀers, De-lis ng

Special Situa ons

Cash Futures Arbitrage & Fixed Income

Low Risk Strategies

Who in par cular can look forward to protec on from

Mr. Absolute



Investors who are re-entering the markets



Investors who are looking to diversify their por olio



Investors who prefer low-risk opportuni es



Investors with low tolerance for losses

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 | High risk (BROWN)



Note: Risk may be represented as: (BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand that their principal will be at medium



risk (BROWN) investors understand that their principal will be at high risk



*Investors should consult their ﬁnancial advisors if in doubt about whether the product is suitable for them.

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

^The Scheme is an equity - oriented scheme. Investors in the Scheme are not being oﬀered any guaranteed / assured returns.

^^Mr. Absolute seeks to personify the characteris cs of Edelweiss Absolute Return Fund: generate absolute returns with low vola lity over a longer tenure of me.

Mr. Absolute^^ seeks to protect your investment from the vola lity of equity markets by

deploying various strategies to combat market vola lity so that investors feel secure

about their investments.

Edelweiss Mutual Fund Factsheet - October 2014

Scan QR Code with your

mobile and learn more.

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Edelweiss Absolute Return Fund^

(2)

Mutual fund investments are subject to market risks, read all scheme related documents carefully.

For further information

Investment Objective

The investment objective of the Scheme is to generate income by predominantly investing in

arbitrage opportunities in the cash and the derivative segments of the equity markets and the

arbitrage opportunities available within the derivative segment and by investing the balance in

debt and money market instruments. However, there is no assurance that the investment objective

of the Scheme will be realized.

Benchmark

CRISIL Liquid Fund Index

Plans/Options/Facilities

The Scheme offers two Plans: Regular Plan and Direct Plan

Each Plan offers: Growth Option, Dividend Option and Bonus Option

Dividend Option offers: Reinvestment, Payout and Sweep facility

Exit Load Structure

If the Units are redeemed / switched out on or before 3 months from the date of allotment - 0.50%

If the Units are redeemed / switched out after 3 months from the date of allotment - Nil

Minimum Application amount

`5000/- and in multiples of `1/- thereafter

Invest in Edelweiss Arbitrage Fund

VOLATILITY MANAGEMENT

ALTERNATIVE TO LIQUID INVESTMENTS

BETTER POST-TAX RETURNS

Offer similar risk-adjusted return

Being classified as an Equity Scheme, it enjoys tax advantage over Debt/ Money Market

Scheme

Simultaneous trades in the same security across exchange/ platform eliminates major risks

of significant price movement

**This product is suitable for investors who are seeking*: To generate income by predominantly investing in arbitrage opportunities |**

Investments predominantly in arbitrage opportunities in the cash and derivative segments of the equity markets and the arbitrage

opportunities available within the derivative segment and by investing the balance in debt and money market instruments | Low risk



(BLUE)

*Investors should consult their financial advisors if in doubt about whether the product is suitable for them.

Note: Risk may be represented as: (BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand



that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk



Is Debt Taxation

Worrying You?

Is Debt Taxation

Worrying You?

Edelweiss

An Open Ended Equity Scheme

Arbitrage Fund

W E B S I T E

www.edelweissmf.com

E M A I L : I N V E S TO R S

[email protected]

T O L L F R E E

1800 425 0090

N O N T O L L F R E E

+91 40 23433150

S M S

IQ to 5757590

(3)

Index

3 Markets & Beyond

• Equity Market Outlook

• Debt Market Outlook

PAGE NO.

4

5 Equity Funds

• Edelweiss Absolute Return Fund*

An Open-ended Equity Scheme

(The Scheme is an equity-oriented Scheme. Investors in the Scheme are not being offered any guaranteed / assured*

returns)

• Edelweiss Diversified Growth Equity Top 100 (E.D.G.E. Top 100) Fund

An Open-ended Equity Scheme

• Edelweiss ELSS Fund

An Open-ended Equity Linked Savings Scheme

• Edelweiss Select Midcap Fund**

An Open-ended Equity Scheme

(**Investors in the Scheme are not being offered any guaranteed/assured returns)

• Edelweiss Value Opportunties Fund

An Open-ended Equity Scheme

• Edelweiss Arbitrage Fund

An Open Ended Equity Scheme

PAGE NO.

6

7

9

10

12 Fixed Income Funds

• Edelweiss Liquid Fund

An Open-ended Liquid Scheme

• Edelweiss Ultra Short Term Bond Fund

An Open-ended Debt Scheme

• Edelweiss Short Term Income Fund

An Open-ended Income Scheme

• Edelweiss Gilt Fund

An Open-ended Gilt Scheme

• Edelweiss Debt and Corporate Opportunities Fund

An Open-ended Hybrid Scheme

PAGE NO.

15

16

17

18

14

13

(4)

WHAT WE SAID LAST TIME

With its fifth month in office, all eyes are now on the central government to

push the reforms agenda and take the economy out of the downward spiral.

It has started to make the right noises. But this shall not be sufficient going

forward. Market shall be looking for concrete policies and action plans.

Coal-block allocations and natural-gas pricing seem to be urgent issues that may

prove to be barometer for the new government. A timely, rational and

economically sustainable solution to these issues shall provide market with

confidence that its hopes were not wrongly placed.

Two major Indian states (Maharashtra and Haryana) will go for elections this

month. Market may be more volatile in run up to the day of election results

(19th October). Post election results, markets may see some movement

depending on their outcome. Indecisive mandate in results may lead to

some correction.

In its carefully worded document, US Fed made it clear that its decision to

increase rates shall be dependent on macroeconomic data and shall not be

adhering on any timelines. In Europe, ECB indicated that in the event that

growth and inflation does not pick up in the region, it is prepared to

introduce further liquidity infusing measures including purchase of asset

backed securities. Liquidity flows to emerging markets shall be interplay of

policy decisions by Fed and ECB. Market analysts shall be trying to read the

tea leaves with the macroeconomic data in these two regions.

We expect Nifty to be in the range - 7600 to 8200 for the coming month,

barring tail event.

WHAT HAPPENED?

Nifty had a weak start to the month as initial set of corporate earnings results

failed to live up to investor expectations. Weak global cues, impending state

election results and poor industrial production numbers added to the

market woes leading to a 2.5% correction in the first half of the month.

However, markets made a smart turnaround in the second half driven by

positive election results, dipping crude prices, lower inflation numbers and

flush of liquidity from international markets. Nifty ended the month above

8300 level, posting close to 4.5% returns for the month. While banks,

infrastructure companies and energy players were market favourites,

FMCG, IT and Pharmaceutical stocks were laggards.

Domestic macroeconomic data was mixed. Industrial production in August

grew at just 0.4% YoY. This was considerably lower than market expectation

of 2.6%. However, in a positive, consumer prices were seen to be moderating

with a 6.46% YoY growth number for September as against a 7.73% YoY

growth for August. WPI was also lower at 2.38% YoY as against 3.74% YoY for

August. Trade data for the month of September indicated that imports grew

by a massive 26% YoY to $43.2 billion driven by higher purchase of gold and

oil. Meanwhile, exports grew by only 2.73% YoY to $28.9 billion. India's trade

deficit widened to $14.25 billion from $10.84 billion in August.

Globally, central bankers pushed further liquidity measures to accelerate

recovery. In US, while Federal Reserve Bank ended its quantitative easing

program this month, it assured the investors that it intends to keep rates at

record low levels for a considerable time. Such an assurance from Fed

boosted the investor sentiments and pushed S&P to all time high levels. In a

surprise move, Bank of Japan announced an expansion in its quantitative

easing program by 30 trillion yen to 80 trillion yen. This move pumped

surplus liquidity in to global equity markets which saw a sharp up-move after

this announcement. In Europe, ECB pledged to be more aggressive to

combat ultralow inflation in Euro zone including a broad based long-term

bond buying program if need be.

OUTLOOK FOR THE COMING MONTH

After many months, inflation data has surprised the street on the positive

side. This has put pressure back on RBI to reduce the policy rates. The

pressure from the industry will intensify if October inflation numbers are

lower than street expectations. Investors shall be eying these numbers

closely and any positive surprise shall be a good reason to anticipate a rate

cut soon. On other hand, higher than expected inflation will push the needle

back in to the RBI's wait-and-watch stance and shall be a disappointment for

the markets.

Earnings season has been lacklustre so far with few positive surprises from

the large caps. A good number of small/mid-caps are lined up for results in

the balance of this month. It is results of these companies that shall indicate

if the recovery process has started in the economy or if growth is yet to pick

up steam.

Globally, as ECB president Mr. Draghi has already announced his intentions

to go all out to counter deflation and slowdown in the region, data from

Europe has gained importance for financial markets world over. In a scenario

that ECB is forced on a long-term bond buyback program (also called

'quantitative easing'), global equity markets should trend higher.

We expect Nifty to be in the range - 8000 to 8500 for the coming month,

barring tail event.

MACRO-ECONOMIC INDICATORS



August IIP growth flat at 0.40% YoY vs. 0.40% YoY in July (revised

downward from 0.50%)



September WPI inflation fell to 2.38% vs. 3.74% in August



September CPI inflation decreased to 6.46% YoY vs. 7.80% in August



September exports grew by 2.73% YoY while imports grew by 26.00%

YoY



India's Manufacturing Purchasing Managers' Index (PMI) increased to

51.6 in October

MARKET ACTIVITY AND VALUATION

• Performance of Nifty Sectors:

• Performance of Size Indices:

• Flows:

• Valuation and earnings estimates:

CNX Nifty Index is currently trading at 17x forward 1Y PE multiple which

is above its long term average. CNX Midcap is trading at 16.5x forward 1Y

PE which is also above its long term average.

Source: Bloomberg, NSE, Internal research as of November 7, 2014

Markets & Beyond

EQUITY MARKET OUTLOOK

4

Index Nifty Nifty Junior October 2014 32.0% 37.0% 46.7% CYTD 2014 CNX Midcap 4.5% 4.2% 3.7% Top

Performers Industrial Manufacturing (28.1%)Construction (12.3%)

Bottom Performers Telecom (-1.6%) Consumer Goods (-2.6%) October 2014 Construction (51.5%) Automobile (49.0%) IT (18.9%) Consumer Goods (16.4%) CYTD 2014 ` (Cr .)

FII Flows

0 5,000 10,000 15,000 20,000 25,000 Oct -13 Nov -13

Dec-13 Jan-14 Feb-14 Mar

-14 Apr -14 Ma y-14 Jun-14 July -14 Aug-14 Sept -14 Oct -14 -5,000

(5)

WHAT WE SAID LAST TIME

RBI stance in this policy reinforced the market belief of an extended status

quo on key policy rates. RBI tone in this policy was largely similar as in the

previous one with more of the guidance been directed towards the medium

term inflation target (6% CPI target for Jan 2016) and achieving this target

will be the key influencer for future monetary policy guidance and action.

Hence we see limited probability of a rate cut in the current fiscal and any

future policy action by RBI will revolve around the sustenance of disinflation

in medium term not just in the near term.

Indian government bond yields are therefore expected to trade range bound

with rate easing now appearing farther on the horizon. At the same time, the

key macro indicators like CAD, BOP, Inflation and FII flows have shown

significant improvement which is positive for the bond market and makes a

strong case for investing in fixed income funds with a medium term

perspective

WHAT HAPPENED?

Wholesale Price Index based inflation; fell to a near five-year low of 2.38% in

September from 3.74% in the previous month, mainly on account of lower

prices of vegetables & crude oil and statistical effect of a high base. Food

articles inflation fell to 3.52% from 5.15% a month ago. Within food,

vegetable prices fell 13.02% month on month led by an 11.45% fall in onions.

Prices of potato, however, increased by 11.88% month on month in

September. Primary articles inflation fell to 2.18% in September from 3.89%

in August. Meanwhile, fuel and power inflation declined to 1.33% in

September from 4.54% in August. Manufactured products inflation fell to

2.84% compared with 3.45% a month ago. The non-food manufactured

products inflation, which is a proxy for core inflation, fell to 2.8% in

September from 3.5% in August. July inflation rate was revised to 5.41%, up

from the provisional estimate of 5.19%.

The Consumer Price Index based inflation plummeted to an all-time low of

6.46% in September, mainly driven by a fall in vegetable inflation and the

statistical effect of a high base.

India's industrial growth remained subdued at 0.4% in August, unchanged

from the year ago, as well as month ago, mainly on account of contraction in

consumer durables and consumer goods sectors, particularly telephone

instruments including mobiles. An 11.3% contraction in capital goods also

weighed on the overall factory production. The manufacturing sector, which

accounts for nearly three-fourths of the total weight of the Index of

Industrial Production, contracted 1.4% in August, compared with

contraction of 0.2% a year ago. Within the consumer goods segment,

consumer durables contracted 15%, compared with contraction of 8.3% a

year ago. Consumer non-durables goods sector recorded a contraction of

0.9% in August, compared with a growth of 5.4% a year ago. Growth in core

infrastructure sectors such as electricity was at 12.9%, while mining activity

grew at 2.6%. The growth in output of basic goods was 9.6% in August, while

intermediate goods growth was 0.3%. In Apr-Aug, the first five months of this

financial year, the industrial output has risen 2.8%, compared with 0.0%

growth a year ago.

The 10-year benchmark G-sec yield closed at 8.28%, down by 23 bps from

last month level of 8.51% while that on the short-term 1-year bond declined

by 32 bps to 8.35%. The spread between 1 and 10-year benchmark G-sec

narrowed to 7 bps.

In the corporate bond segment, yields ended lower over the month. The

10-year AAA bond yield closed at 8.92%, down by 38 bps while the short-term

1-year AAA bond yield was down by 26 bps at 8.83%. As a result, the spread

between 1-year and 10-year AAA bond narrowed.

Within the short term segment, the yield on 3-month certificate of deposit

(CD) ended 17 bps lower at 8.49%, while that on the 1-year CD closed at

8.77%, down by 31 bps. Meanwhile, yield on 3-month commercial paper

(CP) declined by 20 bps to 8.71% while yield on 1-year CP went down by 13

bps from last month level to close at 9.28%.

OUTLOOK FOR THE COMING MONTH

Macroeconomic conditions are gradually improving with the key driver

being a sustained fall in inflationary pressure. From a fixed income

perspective, India has entered a sweet spot - moderating retail inflation, real

positive interest rates, stable external sector and revival expectations for

overall economic activity. Key macro indicators like current account deficit,

balance of payments, FII flows and inflation have improved significantly

over the past year, and offer enough reasons for a further optimism in fixed

income markets. Therefore, in a medium term scenario, we continue to

recommend short /medium duration funds as yields at the short to medium

end of the curve are still attractive, and provide investors much better

risk-adjusted return prospects.

Source: Bloomberg, Cogencis, Internal research as of November 7, 2014

Markets & Beyond

DEBT MARKET OUTLOOK

5

30-Sep-14 31-Oct-14 0.80% 0.70% 0.60% 0.50% 0.40% 0.30% 0.20% 0.10% 0.00%

3 Month 6 Month 1 Year 5 Year 10 Year

India Corporate Spread Curve

India Government Actives

30-Sep-14 31-Oct-14 9.50% 9.25% 9.00% 8.75% 8.50% 8.25% 8.00% 7.75% 7.50%

(6)

6

(*The Scheme is an equity - oriented Scheme. Investors in the Scheme are not being offered any guaranteed / assured returns.)

#Mr. Absolute seeks to personify the characteristics of Edelweiss Absolute Return Fund: generate absolute returns with low volatility over a longer tenure of time.

Edelweiss ABSOLUTE RETURN Fund*

October

2014

Equity Fund

FACTSHEET

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 and the Scheme does not assure or guarantee any returns.

INVESTMENT OBJECTIVE

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 securi es including through arbitrage opportuni es with balance exposure to debt and money market securi es | High risk (BROWN)

*Investors should consult their ﬁnancial advisors if in doubt about whether the product is suitable for them.

Note: Risk may be represented as:  (BLUE) investors understand that their principal will be at low risk  (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors understand that their principal will be at high risk



FUND PERFORMANCE AS ON SEPTEMBER 30, 2014

EDELWEISS ABSOLUTE RETURN FUND ( Edelweiss ARF)

Period

Edelweiss ARF Edelweiss ARF -_{(Direct Plan)} _{(Crisil MIP Blended Index )}Scheme Benchmark

$

Alternate Benchmark

(CNX Nifty) Risk Measurement -Standard Deviation

Returns #

Value (INR) Returns #

Value (INR) Returns Value #

(INR) Edelweiss ARF CRISIL MIP Blended Index CNX Nifty September 30, 2013 - September 30, 2014^ 29.92% 12,992 30.37% 13,037 15.45% 11,545 38.87% 13,887 8.48% 3.23% 13.44% September 28, 2012 - September 30, 2013^ 3.42% 10,342 NA NA 3.22% 10,322 0.56% 10,056 8.41% 6.64% 17.16% September 30, 2011 - September 28, 2012^ 12.03% 11,203 NA NA 10.60% 11,060 15.38% 11,538 5.34% 2.82% 18.58%

Since Inception (CAGR) Edelweiss ARF 10.79% 16,890 NA NA 7.96% 14,799 12.04% 17,885 6.52% 3.94% 17.25%

Since Inception (CAGR) Edelweiss ARF - Direct Plan NA NA 18.44% 13,312 8.55% 11,487 17.29% 13,095 NA NA NA

#

Based on standard investment of `10,000 made at the beginning of the relevant period.

^Absolute Returns

Past performance may or may not be sustained in future and should not be used as a

basis for comparison with other investments.

Since Inception returns are calculated on `10/- invested at inception of the scheme

Returns shown above are for Growth Option only.

Performance of the Dividend Option for the investor would be net of the dividend

distribution tax, as applicable.

$

Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011.

In case start /end date of the relevant period is a non-Business Day, the NAV of the

previous Business Day is considered for computation of returns.

Note: For the performance of other Schemes managed by the Fund Managers, please

refer to the relevant scheme.

Name of Instrument

Industry

% to Net

Assets

Tata Consultancy Services Limited Software 5.49

Axis Bank Limited Banks 3.94

Housing Development Finance

Corporation Limited Finance 3.91

Oil & Natural Gas Corporation

Limited Oil 3.40

Wipro Limited Software 2.62

Sun Pharmaceuticals Industries

Limited Pharmaceuticals 2.33

TV18 Broadcast Limited Media & Entertainment 2.30

HDFC Bank Limited Banks 2.22

Dabur India Limited Consumer Non Durables 2.11 Bharti Airtel Limited Telecom - Services 2.08 ITC Limited Consumer Non Durables 2.05 Prime Focus Limited Media & Entertainment 1.72 Rural Electrification Corporation

Limited Finance 1.71

IndusInd Bank Limited Banks 1.61

Eicher Motors Limited Auto 1.47

Tata Communications Limited Telecom - Services 1.46 Motherson Sumi Systems Limited Auto Ancillaries 1.44 Cadila Healthcare Limited Pharmaceuticals 1.43

Tech Mahindra Limited Software 1.37

Bosch Limited Auto Ancillaries 1.37

Notes:

• Fixed Deposit placed under margin : `600 Lakhs.

• Total Exposure to derivative instruments (excluding reversed positions) as on 31/10/2014 : `1,606.61 Lakhs.

INDUSTRY ALLOCATION

ASSET ALLOCATION as on October 31, 2014

Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of

dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any.

Past

Performance may or may not be sustained in the future.

DIVIDEND HISTORY

Record Date Op on Name NAV on Record Date (`) Amount of Dividend (`) 31/10/2014 Dividend Op on 13.24 0.22 25/07/2014 Dividend Op on 12.64 0.22 25/04/2014 Dividend Op on 11.16 0.22 31/01/2014 Dividend Op on 10.87 0.22 25/10/2013 Dividend Op on 11.20 0.22 26/07/2013 Dividend Op on 11.06 0.22 26/04/2013 Dividend Op on 10.98 0.18 24/01/2013 Dividend Op on 11.08 0.18 29/10/2012 Dividend Op on 11.06 0.18 27/07/2012 Dividend Op on 10.88 0.18 27/04/2012 Dividend Op on 10.84 0.18 27/01/2012 Dividend Op on 10.92 0.18 28/10/2011 Dividend Op on 10.88 0.18 29/07/2011 Dividend Op on 11.05 0.18 29/04/2011 Dividend Op on 11.10 0.18 28/01/2011 Dividend Op on 11.20 0.165

TOP TWENTY EQUITY HOLDINGS

78.01% 21.99%

Equities

Others include (Derivatives, Fixed Deposit, CBLO /

Reverse Repo Investments and Cash & Cash Equivalents)

Entry Load:

NIL

Exit Load

• If the Units are redeemed / switched out on or before 365 days from the date of allotment – 1.00%

• If the Units are redeemed / switched out after 365 days from the date of allotment – Nil

The entire exit load will be credited to the Scheme net of service tax, if any

Ratios

as on September 30, 2014

Standard deviation 9.05%

Sharpe ratio** 2.81

Portfolio beta 0.64

R squared 0.78

Portfolio Turnover Ratio^ 2.46 times ** Risk Free Rate considered for the above = 8.511% p.a. (8.4% 2024 GOI Bond)

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 October 31, 2014

Date of Allotment :

August 20, 2009

Fund Manager

Fund Manager: Mr. Paul Parampreet

Experience: 9 years

Managing the Scheme since: February 04, 2010

Co-Fund Manager: Mr. Ashish Sahay

Managing the Scheme since: June 23, 2014

NAV

as on October 31, 2014

Growth Option 17.19

Dividend Option 13.24

Direct Plan - Growth Option 17.31 Direct Plan - Dividend Option 14.46

##

Current Financial year to date ratio to average AUM.

Benchmark:

CRISIL MIP Blended Index

Plan:

The Scheme also offers Direct Plan Growth, Dividend, Bonus

Options:

##

Total Expense Ratios :

Existing Plan: 2.68% Direct Plan: 2.28%

Minimum Investment Amount :

`1000/- per application & in multiples of `1/- thereafter

Date of Inception (Direct Plan) :

January 21, 2013 17.98% 12.88% 11.27% 11.18% 8.67% 7.00% 5.77% 5.50% 5.02% 4.89% 2.63% 1.50% 1.40% 1.20% 1.08% 1.05% 0.97% So ware Pharmaceu cals Finance Banks Consumer Non Durables Telecom - Services Media & Entertainment Auto Ancillaries Auto Oil Tex le Products Pes cides Industrial Capital Goods Ferrous Metals Minerals/Mining Consumer Durables Transporta on

(7)

*Kindly refer addendum dated September 29, 2012 for discontinued Plan viz Plan B & Plan C & addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options

₇

Equity Fund

FACTSHEET

EDGEMaster seeks to personify the a ributes of E.D.G.E Top 100 Fund: A large cap Fund focusing on 100 largest corporates in India by market capitaliza on | Invests in large caps which are resilient to downtrends | Uses Quant style of inves ng that helps in sensing the change in the trend quickly and ensures that the por olio has the poten al to deliver returns higher than the benchmark index. ^The Scheme is an open - ended equity Scheme. Investors in the Scheme are not being oﬀered any guaranteed / assured returns.

October

2014

This product is suitable for investors who are seeking*: To create wealth in the long term | Investment predominantly in equity and equity-related securi es including equity deriva ves of the 100 largest companies by market capitaliza on, listed in India | High risk (BROWN)

Note: Risk may be represented as: (BLUE) investors understand that their principal will be at low risk (YELLOW) investors understand that their principal will be at medium risk (BROWN) investors   

understand that their principal will be at high risk

An open ended diversified equity Scheme that seeks 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 capitalization, 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.

INVESTMENT OBJECTIVE

FUND PERFORMANCE AS ON SEPTEMBER 30, 2014

EDELWEISS DIVERSIFIED GROWTH EQUITY TOP 100 (E.D.G.E TOP 100) FUND

#

Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Returns

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

Since Inception returns are calculated on `10/- invested at inception of the Scheme. Returns shown above are for Growth Option only.

Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as

$

applicable. Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011.

In case start /end date of the relevant period is a non-Business Day, the NAV of the previous Business Day is considered for computation of return. ^^Standard Deviation for E.D.G.E Top 100 Fund - Existing Plan only

Note: For the performance of other Schemes managed by the Fund Managers, please refer to

the relevant scheme.

Period

E.D.G.E Top 100

(Existing Plan) E.D.G.E Top 100 (Direct Plan) E.D.G.E Top 100 Plan B* E.D.G.E Top 100 Plan C* Scheme Benchmark(CNX Nifty )

$

Alternate Benchmark (S&P BSE SENSEX)

Risk Measurement -Standard Deviation^^ Returns Value # (INR) Returns Value # (INR) Returns Value # (INR) Returns Value # (INR) Returns Value # (INR) Returns #

Value (INR) _{Top 100}E.D.G.E CNX

Nifty S&P BSE SENSEX September 30, 2013 - September 30, 2014^ 44.19% 14,419 44.76% 14,476 44.06% 14,406 44.17% 14,417 38.87% 13,887 37.41% 13,741 12.34% 13.44% 13.18% September 28, 2012 - September 30, 2013^ 4.58% 10,458 NA NA 4.62% 10,462 4.61% 10,461 0.56% 10,056 3.29% 10,329 15.45% 17.16% 16.58% September 30, 2011 - September 28, 2012^ 17.69% 11,769 NA NA 17.76% 11,776 15.89% 11,589 15.38% 11,538 14.03% 11,403 15.10% 18.58% 18.16% Since Inception (CAGR) E.D.G.E Top 100 16.85% 23,070 NA NA 16.96% 23,180 16.67% 22,880 12.32% 18,652 12.64% 18,940 16.54% 18.28% 17.91% Since Inception (CAGR) E.D.G.E Top 100 -

Direct Plan NA NA 22.58% 14,219 NA NA NA NA 17.94% 13,300 19.08% 13,524 NA NA NA

Tata Consultancy Services Limited Software 6.34

Oil & Natural Gas Corporation

Limited Oil 4.29

Infosys Limited Software 2.88

Wipro Limited Software 2.85

Bharti Airtel Limited Telecom - Services 2.20 ITC Limited Consumer Non Durables 2.16 Tata Communications Limited Telecom - Services 2.06 Motherson Sumi Systems Limited Auto Ancillaries 1.87 Cadila Healthcare Limited Pharmaceuticals 1.86 Dabur India Limited Consumer Non Durables 1.84

Tech Mahindra Limited Software 1.82

Procter & Gamble Hygiene and

Health Care Limited Consumer Non Durables 1.81

Lupin Limited Pharmaceuticals 1.78

Bharat Forge Limited Industrial Products 1.77 Rural Electrification Corporation

Name of Instrument

Industry

% to Net

Assets

Notes:

• Total Exposure to derivative instruments (excluding reversed positions) as on 31/10/2014 : `205.69 Lakhs.

INDUSTRY ALLOCATION

Record Date Plan/ Option NAV on Record Amount of Name Date (`) Dividend (`)

08/08/2014 Dividend option 15.71 0.50 per unit 06/12/2013 Dividend option 13.27 0.50 per unit 30/05/2013 Dividend option 13.59 0.50 per unit 29/10/2012 Dividend option 13.14 1.00 per unit

Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend the

NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any.

Past Performance may or may not be

sustained in the future.

DIVIDEND HISTORY

TOP TWENTY EQUITY HOLDINGS

NAV

Growth Option 23.81

Plan B* - Growth Option 23.93 Plan B* - Dividend Option 24.22 Plan C* - Growth Option 23.62 Plan C* - Dividend Option 19.30 Direct Plan - Growth Option 23.98 Direct Plan - Dividend Option 18.46

##

Total Expense Ratios :

Existing Plan: 2.68%, Plan B*: 2.68%, Plan C*: 2.68%, Direct Plan: 2.28%

##

Date of Allotment:

May 20, 2009

Entry Load:

NIL

** Risk Free Rate considered for the above = 8.511% p.a. (8.4% 2024 GOI Bond)

are annualized.

Ratios

as on September 30, 2014 Standard deviation 12.59% Sharpe ratio** 2.13 Portfolio beta 0.93 R squared 0.86

Portfolio Turnover Ratio^ 2.50 times

Exit Load

• If the Units are redeemed / switched out on or after 546 days from the date of allotment – Nil The entire exit load will be credited to the Scheme net of service tax, if any

Benchmark:

CNX Nifty

Fund Manager

Co-Fund Manager: Mr. Ashish Sahay

Minimum Investment Amount :

Plan:

Options:

Date of Inception (Direct Plan) :

January 7, 2013 17.10% 12.43% 11.31% 10.84% 9.74% 5.91% 5.68% 4.59% 4.54% 2.79% 1.91% 1.89% 1.76% 1.62% 1.51% 1.14% 1.11% 1.07% 1.04% 1.02% 1.02% So ware Banks Pharmaceu cals Finance Consumer Non Durables Telecom - Services Auto Oil Auto Ancillaries Tex le Products Minerals/Mining Industrial Products Petroleum Products Pes cides Industrial Capital Goods Consumer Durables Gas Ferrous Metals Transporta on Construc on Project Power

(8)

Top 10 Equity Holdings

% to Net Assets

of the Scheme

Shares notionally

held by an investor*

Shares notionally

held by an investor*

Edelweiss Absolute Return Fund

Top 10 stocks in the Portfolio as on October 31, 2014

(An Open Ended Equity scheme)

% to Net Assets

of the Scheme

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

THE POWER OF HOLDING HIGH VALUE STOCKS

THROUGH YOUR MUTUAL FUND INVESTMENTS

The table below shows the number of shares, forming part of the Top 10 Equity Holdings of the portfolio of the Scheme as on October 31,

2014, that will be notionally held by an investor who invests an assumed amount of

`10 lakhs

in each Scheme.

21

90

35

84

46

28

792

24

93

52

5.49

3.94

3.91

3.40

2.62

2.33

2.30

2.22

2.11

2.08 Tata Consultancy Services

Limited

Axis Bank Limited

Housing Development

Finance Corporation Limited

Oil & Natural Gas Corporation

Limited

Wipro Limited

Sun Pharmaceuticals

Industries Limited

Tv18 Broadcast Limited

HDFC Bank Limited

Dabur India Limited

Bharti Airtel Limited

*This hypothetical illustration assumes a sum of `10 Lakhs invested in each Scheme as on October 31, 2014. Number of Shares notionally held are calculated

based on the percentage of Top 10 Equity Holdings to the net assets of the Schemes as on October 31, 2014.

Market Price of each share as on October 31, 2014 is as follows: Axis Bank Limited @ 439.40 | Bharti Airtel Limited @ 398.90 | Dabur India Limited @ 226.50 |

`

Eicher Motors Limited @ 12772.75 | HDFC Bank Limited @ 911.85 | Housing Development Finance Corporation Limited @ 1105.90 | Infosys Limited @

`

4051.25 | Oil & Natural Gas Corporation Limited @ 405.15 | Sun Pharmaceuticals Industries Limited @ 845.40 | Tata Consultancy Services Limited @

`

2607.85 | TV18 Broadcast Limited @ 29.05 | Wipro Limited @ 563.70

`

Past performance may or may not be sustained in the market.

This is a hypothetical exercise for improving the understanding of the investor on the deployment of his funds in the equity

component of the portfolio and should not be construed to be actual holdings accruing to the Unitholder.

The stocks referred to in this literature are not an endorsement by the Mutual Fund and AMC of their soundness or a

recommendation to buy or sell these stocks.

Edelweiss Diversified Growth Equity

Top 100 (E.D.G.E. Top 100) Fund

(An Open Ended Equity scheme)

Top 10 stocks in the Portfolio as on October 31, 2014

24

102

39

106

43

2

7

51

26

55

6.34

4.47

4.30

4.29

3.64

2.89

2.88

2.85

2.37

2.20 Tata Consultancy Services

Limited

Axis Bank Limited

Housing Development Finance

Corporation Limited

Oil & Natural Gas Corporation

Limited

Sun Pharmaceuticals

Industries Limited

Eicher Motors Limited

Infosys Limited

Wipro Limited

HDFC Bank Limited

Bharti Airtel Limited

(9)

9 ELSS Fund

The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of

lock in periods from a portfolio that invests predominantly in equity and equity related instruments. 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.

INVESTMENT OBJECTIVE

Equity Fund

FACTSHEET

(An Open-ended Equity Linked Savings Scheme)

October

2014

This product is suitable for investors who are seeking*: To create wealth in the long term | Investment in equity and equity-related securi es that will be locked-in for the ﬁrst three years | High risk

 (BROWN)

EDELWEISS ELSS FUND

FUND PERFORMANCE AS ON SEPTEMBER 30, 2014

#

Based on standard investment of `10,000 made at the beginning of the relevant period.

^Absolute Returns

Past performance may or may not be sustained in future and should not be used as a

basis for comparison with other investments.

Since Inception returns are calculated on `10/- invested at inception of the scheme

Returns shown above are for Growth Option only.

Performance of the Dividend Option for the investor would be net of the dividend

distribution tax, as applicable.

$

Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011.

In case start /end date of the relevant period is a non-Business Day, the NAV of the

previous Business Day is considered for computation of returns.

Note: For the performance of other Schemes managed by the Fund Managers, please

refer to the relevant scheme.

Period

Edelweiss ELSS Fund Edelweiss ELSS Fund_{(Direct Plan)} Scheme Benchmark (CNX ₅₀₀₎

$

(CNX Nifty) Risk Measurement -Standard Deviation

Returns #

Value (INR) _{ELSS Fund}Edelweiss CNX ₅₀₀ _NiftyCNX

September 30, 2013 - September 30, 2014^ 46.87% 14,687 47.40% 14,740 46.08% 14,608 38.87% 13,887 12.33% 13.49% 13.44%

September 28, 2012 - September 30, 2013^ 3.90% 10,390 NA NA -2.49% 9,751 0.56% 10,056 14.57% 16.31% 17.16%

September 30, 2011 - September 28, 2012^ 13.18% 11,318 NA NA 13.22% 11,322 15.38% 11,538 13.66% 17.63% 18.58%

Since Inception (CAGR) Edelweiss ELSS Fund 21.68% 30,930 NA NA 19.48% 27,841 18.64% 26,732 17.24% 20.15% 21.16%

Since Inception (CAGR) Edelweiss ELSS Fund - Direct Plan NA NA 24.33% 14,450 17.91% 13,212 17.29% 13,095 NA NA NA

Tata Consultancy Services Limited Software 4.26 Tata Communications Limited Telecom - Services 3.49 Oil & Natural Gas Corporation

Limited Oil 3.48

UPL Limited Pesticides 2.89

LIC Housing Finance Limited Finance 2.62 Power Finance Corporation

Arvind Limited Textile Products 2.42

Ajanta Pharma Limited Pharmaceuticals 1.94 Bharat Forge Limited Industrial Products 1.91 Alembic Pharmaceuticals Limited Pharmaceuticals 1.91 Procter & Gamble Hygiene and

Health Care Limited Consumer Non Durables 1.89

ICICI Bank Limited Banks 1.85

Lakshmi Machine Works Limited Industrial Capital Goods 1.79

Crompton Greaves Limited Industrial Capital Goods 1.67 Britannia Industries Limited Consumer Non Durables 1.61

Name of Instrument

Industry

% to Net

Assets

INDUSTRY ALLOCATION

TOP TWENTY EQUITY HOLDINGS

Record Date Option Name NAV on Record Date (`) Amount of Dividend (`)

18/02/2014 Dividend Option 12.48 0.50 per unit 22/02/2013 Direct Plan-Dividend Option 13.32 0.50 per unit 22/02/2013 Dividend Option 11.86 0.50 per unit 24/01/2013 Dividend Option 13.51 1.50 per unit

Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After

payment of dividend the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any.

Past Performance may or

may not be sustained in the future.

DIVIDEND HISTORY

NAV

Growth Option 31.91

Ratios

Sharpe ratio** 1.46

Portfolio beta 1.00

R squared 0.77

are annualized.

Date of Allotment:

December 30, 2008

Entry Load:

NIL

Exit Load:

NIL

The entire exit load will be credited to the scheme net of service tax, if any

Benchmark:

CNX 500

##

Total Expense Ratios :

Existing Plan: 2.68%, Direct Plan: 2.28%

Fund Manager

Asst. Fund Manager: Mr. Bhavesh D. Jain

Managing the Scheme since: August 07, 2013

Minimum Investment Amount :

Plan:

The Scheme also offers Direct Plan Growth, Dividend

Options:

Date of Inception (Direct Plan) :

January 21, 2013 13.75% 13.41% 11.61% 11.16% 6.68% 5.38% 5.30% 4.29% 3.92% 3.87% 3.74% 3.52% 3.35% 2.26% 2.25% 1.39% 1.03% 0.84% 0.80% 0.74% 0.72% Finance So ware Banks Pharmaceu cals Consumer Non Durables Industrial Capital Goods Auto Telecom - Services Tex le Products Industrial Products Pes cides Oil Auto Ancillaries Consumer Durables Transporta on Telecom -Equipment & Accessories Fer lisers Trading Ferrous Metals Minerals/Mining Chemicals

(10)

10 The primary investment objective of the Scheme is to generate long term capital appreciation from a portfolio predominantly

comprising of equity and equity related securities of MidCap Companies. 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.

INVESTMENT OBJECTIVE

This product is suitable for investors who are seeking*: To create wealth in the long term | Investment predominantly in equity and equity related securi es including equity deriva ves of Mid Cap companies | High risk (BROWN)

Equity Fund

October

2014

showcasing

Edelweiss Select Midcap Fund^

(An Open-ended Equity Scheme)

Meet

**

Master Midcap

**Master Midcap seeks to personify the a ributes of Edelweiss Select Midcap Fund: to generate long term capital apprecia on from a por olio predominantly comprising of equity and equity related securi es of Mid Cap Companies, selected for their growth poten al from a primary universe of stocks comprising of the top 101-300 companies in India by market capitaliza on.

^The Scheme is an open - ended equity Scheme. Investors in the Scheme are not being oﬀered any guaranteed / assured returns.

EDELWEISS SELECT MIDCAP FUND

FUND PERFORMANCE AS ON SEPTEMBER 30, 2014

#

Based on standard investment of `10,000 made at the beginning of the relevant period.

^Absolute Returns

Past performance may or may not be sustained in future and should not be used as a

basis for comparison with other investments.

Since Inception returns are calculated on `10/- invested at inception of the scheme

Returns shown above are for Growth Option only.

Performance of the Dividend Option for the investor would be net of the dividend

distribution tax, as applicable.

$

Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011.

In case start /end date of the relevant period is a non-Business Day, the NAV of the

previous Business Day is considered for computation of returns.

Note: For the performance of other Schemes managed by the Fund Managers, please

refer to the relevant scheme.

Period

Edelweiss Select

Midcap Fund Edelweiss Select Midcap Fund (Direct Plan)

Scheme Benchmark (CNX Midcap Index) $ Alternate Benchmark (CNX Nifty) Risk Measurement -Standard Deviation Returns Value # (INR) Returns Value # (INR) Returns Value # (INR) Returns Value # (INR) Edelweiss Select Midcap Fund CNX Midcap Index CNX Nifty September 30, 2013 - September 30, 2014^ 60.70% 16,070 61.36% 16,136 63.17% 16,317 38.87% 13,887 13.33% 17.22% 13.44% September 28, 2012 - September 30, 2013^ 0.74% 10,074 NA NA -10.75% 8,925 0.56% 10,056 14.96% 17.23% 17.16% September 30, 2011 - September 28, 2012^ 10.19% 11,019 NA NA 10.52% 11,052 15.38% 11,538 14.12% 18.12% 18.58%

Since Inception (CAGR) Edelweiss Select Midcap Fund 19.77% 17,500 NA NA 16.07% 15,874 17.43% 16,458 14.18% 17.68% 16.97% Since Inception (CAGR) Edelweiss Select Midcap Fund - Direct Plan NA NA 26.26% 15,021 17.62% 13,273 18.18% 13,384 NA NA NA Tata Communications Limited Telecom - Services 4.81

Arvind Limited Textile Products 4.47

Alembic Pharmaceuticals

TVS Motor Company Limited Auto 3.65

Gujarat Pipavav Port Limited Transportation 3.37

Just Dial Limited Software 2.98

Ajanta Pharma Limited Pharmaceuticals 2.87 Crompton Greaves Limited Industrial Capital Goods 2.73 Britannia Industries Limited Consumer Non Durables 2.45

Gruh Finance Limited Finance 2.44

Page Industries Limited Textile Products 2.36 Balkrishna Industries Limited Auto Ancillaries 2.35 Apollo Tyres Limited Auto Ancillaries 2.29 LIC Housing Finance Limited Finance 2.28 Lakshmi Machine Works Limited Industrial Capital Goods 2.26 Torrent Pharmaceuticals Limited Pharmaceuticals 2.13 Havells India Limited Consumer Durables 1.88 AIA Engineering Limited Industrial Capital Goods 1.83 Persistent Systems Limited Software 1.77

Name of Instrument

Industry

% to Net

Assets

Notes:

• Total Exposure to derivative instruments (excluding reversed positions) as on 31/10/2014 : `33.81 Lakhs.

INDUSTRY ALLOCATION

TOP TWENTY EQUITY HOLDINGS

DIVIDEND HISTORY

Record Date Op on Name NAV on Record Date (`)

Amount of Dividend (`)

01/08/2014 Dividend Op on 15.64 0.5 25/02/2014 Dividend Op on 12.50 0.5

Date of Allotment:

August 25, 2011

Entry Load:

NIL

Ratios

Sharpe ratio** 1.45

Portfolio beta 1.07

R squared 0.65

are annualized.

NAV

Growth Option 18.00

Exit Load:

• If the Units are redeemed / switched out on or after 546 days from the date of allotment – NIL

The entire exit load will be credited to the scheme net of service tax, if any

##

Benchmark:

CNX Midcap Index (w.e.f June 23, 2014)

##

Total Expense Ratios :

Existing Plan: 2.68%, Direct Plan: 2.28%

Fund Manager

Managing the Scheme since inception

Minimum Investment Amount :

Plan:

Options:

Date of Inception (Direct Plan) :

January 1, 2013

FACTSHEET

Dividend is declared on the face value of `10/- per unit. Dividend is paid subject to availability of distributable surplus. After payment of dividend

the NAV of the Dividend Option of the Scheme falls to the extent of the dividend pay out and statutory levy if any.

Past Performance may or

may not be sustained in the future.

12.42% 11.92% 9.77% 8.37% 8.13% 7.14% 7.05% 5.89% 4.89% 4.86% 4.45% 3.81% 3.25% 2.80% 2.17% 1.20% 1.00% 0.85% Finance So ware Pharmaceu cals Telecom - Services Industrial Capital Goods Tex le Products Pes cides Consumer Non Durables Transporta on Auto Ancillaries Banks Auto Consumer Durables Industrial Products Chemicals Fer lisers Construc on Project Trading

(11)

% to Net Assets

of the Scheme

Shares notionally

held by an investor*

Shares notionally

held by an investor*

Edelweiss Select Midcap Fund

Edelweiss ELSS Fund

Top 10 stocks in the Portfolio as on October 31, 2014

(An Open-ended Equity Linked Savings Scheme)

(An Open Ended Equity scheme)

Top 10 stocks in the Portfolio as on October 31, 2014

% to Net Assets

of the Scheme

Mutual Fund investments are subject to market risks, read all scheme related documents carefully.

127

16

87

86

37

27

83

72

89

81

5.59

4.26

3.49

3.48

3.17

2.98

2.89

2.62

2.52

2.42 Axis Bank Limited

Tata Consultancy Services

Limited

Tata Communications

Limited

Oil & Natural Gas

Corporation Limited

Sun Pharmaceuticals

Industries Limited

Housing Development

Finance Corporation Limited

UPL Limited

LIC Housing Finance Limited

Power Finance Corporation

Limited

Arvind Limited

119

130

150

106

141

203

20

15

145

16

4.81

4.52

4.47

4.35

3.65

3.37

2.98

2.87

2.73

2.45 Tata Communications Limited

UPL Limited

Arvind Limited

Alembic Pharmaceuticals

Limited

TVS Motor Company Limited

Gujarat Pipavav Port Limited

Just Dial Limited

Ajanta Pharma Limited

Crompton Greaves Limited

Britannia Industries Limited

*This hypothetical illustration assumes a sum of `10 Lakhs invested in each Scheme as on October 31, 2014. Number of Shares notionally held are calculated

based on the percentage of Top 10 Equity Holdings to the net assets of the Schemes as on October 31, 2014.

Market Price of each share as on October 31, 2014 is as follows: Ajanta Pharma Limited @ `1899.45 | Alembic Pharmaceuticals Limited @ `409.40 | Arvind

Limited @ `298.25 | Axis Bank Limited @ `439.40 | Britannia Industries Limited @ `1530.80 | Crompton Greaves Limited @ `188.50 | Gujarat Pipavav Port

Limited @ `165.75 | Housing Development Finance Corporation Limited @ `1105.90 | Just Dial Limited @ `1500.15 | LIC Housing Finance Limited @ `362.05 |

Oil & Natural Gas Corporation Limited @ `405.15 | Power Finance Corporation Limited @ `282.35 | Sun Pharmaceuticals Industries Limited @ `845.40 | Tata

Communications Limited @ `402.70 | Tata Consultancy Services Limited @ `2607.85 | TVS Motor Company Limited @ `259.15 | UPL Limited @ `348.55

Past performance may or may not be sustained in the market.

This is a hypothetical exercise for improving the understanding of the investor on the deployment of his funds in the equity

component of the portfolio and should not be construed to be actual holdings accruing to the Unitholder.

The stocks referred to in this literature are not an endorsement by the Mutual Fund and AMC of their soundness or a

recommendation to buy or sell these stocks.

11 The table below shows the number of shares, forming part of the Top 10 Equity Holdings of the portfolio of the Scheme as on October 31,

2014, that will be notionally held by an investor who invests an assumed amount of

`10 lakhs

in each Scheme.

THE POWER OF HOLDING HIGH VALUE STOCKS

THROUGH YOUR MUTUAL FUND INVESTMENTS

(12)

*Kindly refer addendum dated September 29, 2012 for discontinued Plan viz Plan B & addendum dated Oct 19, 2012 for standardizing the nomenclature for existing Plan / Options

12 The objective of the Scheme is to generate returns through a combination of dividend income and capital appreciation by

investing primarily in a well-diversified portfolio of Value Stocks. Value Stocks are those stocks, which tend to trade at a lower price

relative to their fundamentals (i.e. dividends, earnings, sales, etc.) and thus considered undervalued by investors. They have

attractive valuations in relation to earnings or book value or current and/or future dividends. 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.

INVESTMENT OBJECTIVE

This product is suitable for investors who are seeking*: To create wealth in the long term | Investment in equity and equity-related securi es including equity deriva ves | High risk (BROWN)

VALUE OPPORTUNITIES Fund

Equity Fund

FACTSHEET

(An Open-ended Equity scheme)

October

2014

#

Based on standard investment of `10,000 made at the beginning of the relevant period. ^Absolute Returns

Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments.

Since Inception returns are calculated on `10/- invested at inception of the Scheme. Returns shown above are for Growth Option only.

Performance of the Dividend Option for the investor would be net of the dividend distribution tax, as applicable.

$

Standard Benchmark prescribed by SEBI vide circular dated August 22, 2011.

In case start /end date of the relevant period is a non-Business Day, the NAV of the previous Business Day is considered for computation of returns.

^^Standard Deviation for Edelweiss Equity Enhancer - Existing Plan only

***CNX Nifty was the erstwhile benchmark of the Scheme as on the date of performance i.e. September 30, 2014 ^^^Revised benchmark w.e.f September 10, 2014

Note: For the performance of other Schemes managed by the Fund Managers, please refer to the

relevant scheme.

IndusInd Bank Limited Banks 4.20

Tata Consultancy Services Limited Software 3.35 Oil & Natural Gas Corporation

Limited Oil 2.89

Tata Communications Limited Telecom - Services 2.67 Aurobindo Pharma Limited Pharmaceuticals 2.64

Britannia Industries Limited Consumer Non Durables 2.53 Sun Pharmaceuticals Industries

Yes Bank Limited Banks 2.33

Page Industries Limited Textile Products 2.10

ICICI Bank Limited Banks 2.02

Bharat Petroleum Corporation

Limited Petroleum Products 1.96

LIC Housing Finance Limited Finance 1.87 Motherson Sumi Systems Limited Auto Ancillaries 1.85 Rural Electrification Corporation

Bank of Baroda Banks 1.65

Reliance Industries Limited Petroleum Products 1.63

Name of Instrument

Industry

% to Net

Assets

INDUSTRY ALLOCATION

TOP TWENTY EQUITY HOLDINGS

NAV

Growth Option 18.43

Plan B* - Growth Option 18.16 Plan B* - Dividend Option 18.52 Direct Plan - Growth Option 18.51 Direct Plan - Dividend Option 16.91

##

Total Expense Ratio :

Existing Plan: 1.00%, Plan B: 1.00%, Direct Plan: 0.60%

##

Entry Load:

NIL

Exit Load:

NIL

Benchmark:

CNX 200 Index

Fund Manager

Minimum Investment Amount :

Plan:

Options:

PERFORMANCE OF EDELWEISS EQUITY ENHANCER FUND (EEF)~ AS ON June 30, 2014

Period

Edelweiss Equity Enhancer

Fund (Existing Plan) Edelweiss Equity Enhancer Fund (Direct Plan) Enhancer Fund - Plan B*Edelweiss Equity Scheme Benchmark(CNX NIFTY )***

$

(S&P BSE SENSEX) _{Standard Deviation^^}Risk Measurement -Returns #

Value (INR) Returns Value #

(INR) Returns

#

Value (INR) Edelweiss

Equity CNX Nifty S&P BSE SENSEX June 28, 2013 - June 30, 2014^ 34.33% 13,433 34.52% 13,452 34.35% 13,435 30.28% 13,028 31.03% 13,103 14.74% 17.26% 16.65% June 29, 2012 - June 28, 2013^ -1.60% 9,840 NA NA -1.70% 9,830 10.67% 11,067 11.28% 11,128 10.78% 13.63% 13.28% June 30, 2011 - June 29, 2012^ -3.91% 9,609 NA NA -3.89% 9,611 -6.53% 9,347 -7.51% 9,249 18.36% 20.60% 20.32%

Since Inception (CAGR) Edelweiss Equity

Enhancer Fund 10.91% 16,550 NA NA NA NA 11.58% 17,075 11.37% 16,920 15.95% 17.64% 17.31%

Since Inception - Plan B (CAGR) NA NA NA NA 10.19% 16,310 10.90% 16,847 11.09% 16,990 NA NA NA

Since Inception (CAGR) Edelweiss Equity

Enhancer Fund - Direct Plan

NA

NA 18.81% 12,898 NA NA 17.63% 12,710 18.86% 12,906 NA NA NA

Period Edelweiss Value Opportunities Fund Edelweiss Value Opportunities Fund (Direct Plan) Edelweiss Value

Opportunities Fund - Plan B* Scheme Benchmark(CNX 200 Index)^^^

$

Alternate Benchmark (CNX NIFTY) Returns #

Value (INR)

Since Inception - Edelweiss VOF -1.35% 9,865 NA NA -1.37% 9,863 -1.99% 9,801 -1.60% 9,840

Since Inception - Edelweiss VOF - Direct Plan NA NA -1.34% 9,866 NA NA -1.99% 9,801 -1.60% 9,840

~Edelweiss Equity Enhancer Fund was launched on August 12, 2009. Subsequently, the fundamental attributes of the Scheme (including the Scheme name, the asset allocation and the benchmark index) were changed w.e.f. September 10, 2014. Refer Notice cum Addendum dated August 5, 2014 for further details.

Formerly, Edelweiss Equity Enhancer Fund~

Inception date

Edelweiss EEF : August 12, 2009 Edelweiss EEF (Plan B): June 16, 2009 Edelweiss EEF (Direct Plan) : January 7, 2013 Edelweiss VOF : September 10, 2014

Inception date: Edelweiss EEF : August 12, 2009, Inception date: Edelweiss EEF (Plan B): June 16, 2009, Edelweiss EEF (Direct Plan) : January 7, 2013

PERFORMANCE OF EDELWEISS VALUE OPPORTUNITIES FUND (VOF)~ AS ON September 30, 2014

Edelweiss VOF : September 10, 2014

Ratios for Edelweiss Value Opportunities Fund have not be provided as the Scheme has not co mp leted o n e mo nt h s in ce ch a n ge in Fundamental Attributes.

Notes:

• Total Exposure to derivative instruments (excluding reversed positions) as on 31/10/2014 : `0.33 Lakhs. 25.80% 11.57% 10.09% 9.87% 7.69% 4.87% 4.26% 4.03% 3.96% 3.69% 2.36% 2.32% 2.11% 1.62% 1.55% 1.46% 1.45% 1.00% 0.32% Banks Pharmaceu cals Finance So ware Consumer Non Durables Oil Auto Ancillaries Petroleum Products Telecom - Services Auto Tex le Products Minerals/Mining Pes cides Consumer Durables Transporta on Telecom -Equipment & Accessories Industrial Capital Goods Construc on Project Ferrous Metals