Edelweiss Nifty 50 Index Fund
(Scheme Rating)
NAV as of Aug 30, 2024
14.260.34%
- Growth - Regular
(Earn upto 0.45% Extra Returns with Direct Plan)
Fund Category:
Equity: Large Cap
Expense Ratio:
0.50%(0.86% Category
average)Fund Size:
Rs. 84.92 Cr(0.02% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Edelweiss Nifty 50 Index Fund
(Scheme Rating)
NAV as of Aug 30, 2024
14.260.34%
Expense Ratio:
0.50%
Fund Size:
Rs. 84.92 Cr
Fund Category:
Equity: Large Cap
1. Current NAV: The Current Net Asset Value of the Edelweiss Nifty 50 Index Fund as of Aug 30, 2024 is Rs 14.26 for Growth option of its Regular plan.
2. Returns: Its trailing returns over different time periods are: 30.13% (1yr) and 12.79% (since launch). Whereas, Category returns for the same time duration are: 42.68% (1yr), 17.97% (3yr) and 19.92% (5yr).
3. Fund Size: The Edelweiss Nifty 50 Index Fund currently holds Assets under Management worth of Rs 84.92 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.5% for Regular plan as on Aug 21, 2024.
5. Exit Load: The given fund doesn't attract any Exit Load.
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Edelweiss Nifty 50 Index Fund Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.32 12.13 15.08 31.45 - - Category Avg 1.12 12.32 18.63 43.61 17.25 20.07 Rank within Category 61 83 129 127 - - No. of funds within Category 166 162 161 150 109 91 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkNIFTY 50 Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Edelweiss Nifty 50 Index Fund Fund Details
Investment Objective - The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 50 subject to tracking errors.
Fund House | Edelweiss Mutual Fund |
Launch Date | May 08, 2015 |
Benchmark | NIFTY 50 Total Return Index |
Return Since Launch | 13.05% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | High |
Return Grade | Low |
Edelweiss Nifty 50 Index Fund Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 500.00 |
Exit Load | 0% |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 51 | 50 | 50 | 50 | 50 | 50 |
Top 5 Company Holdings | 38.23% | 38.71% | 38.66% | 38.75% | 38.99% | 39.53% |
Top 10 Company Holdings | 55.93% | 56.05% | 56.32% | 56.4% | 56.01% | 56.62% |
Company with Highest Exposure | HDFC Bank (11.02%) | HDFC Bank (11.82%) | HDFC Bank (11.59%) | HDFC Bank (11.43%) | HDFC Bank (11.05%) | HDFC Bank (10.99%) |
Number of Sectors | 13 | 13 | 13 | 13 | 13 | 14 |
Top 3 Sector Holdings | 59.31% | 59.75% | 59.42% | 59.88% | 59.89% | 60.63% |
Top 5 Sector Holdings | 75.98% | 75.52% | 75.5% | 75.64% | 75.59% | 76.14% |
Sector with Highest Exposure | Financial (31.33%) | Financial (32.85%) | Financial (32.87%) | Financial (32.9%) | Financial (32.13%) | Financial (31.17%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) HDFC Bank Financial 11.02 18.27 89.60 3.03 Reliance Industries Energy 9.22 29.72 101.60 25.68 ICICI Bank Financial 7.74 18.65 65.91 26.26 Infosys Technology 6.11 30.28 64.20 36.38 ITC Consumer Staples 4.14 30.65 16.38 14.77 Larsen & Toubro Construction 4.04 38.15 97.11 35.47 Tata Consultancy Technology 4.02 35.15 129.55 33.64 Bharti Airtel Communication 3.61 96.53 16.46 83.10 State Bank of India Financial 3.03 10.55 77.28 41.69 Axis Bank Financial 3.0 13.59 86.50 19.85
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Edelweiss Nifty 50 Index Fund 14.22 84.92 1.32 31.45 - - Nippon India Large Cap Fund-Growth 89.36 31,800.96 0.29 39.33 22.99 23.15 ICICI Prudential Bluechip Fund-Growth 109.47 62,717.11 1.27 42.64 20.39 22.16 Quant Focused Fund-Growth 93.93 1,115.99 0.07 47.28 21.96 25.80 ICICI Prudential BHARAT 22 FOF - Growth 34.67 1,896.50 -1.41 68.97 41.93 29.07
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
57.07VS14.10Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
1.23VS0.99Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Poor risk-adjusted returns
-0.36VS0.96Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Poor risk-adjusted returns
-16.95VS13.26Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Poor risk-adjusted returns
-37.02VS-0.06Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Poor average monthly returns
-15.23VS18.60Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Edelweiss Mutual Fund News
- SME IPO frenzy stuns Radhika Gupta, calls it sin of bull market
- It is pointless trying to invest in the #1 fund: Radhika Gupta of Edelweiss Mutual Fund explains
- 'Stop showing 1-year Mutual Fund performances': Why Edelweiss MF Chief Radhika Gupta isn't happy with return numbers
- Mango Millionaire: Radhika Gupta announces new book on investing
Fund Manager
- B.J.Bhavesh JainSince Apr 201525 schemes
- B.L.Bharat LahotiSince Oct 202119 schemes
Mr. Jain is a MMS (Finance) from Mumbai University. Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
More Edelweiss Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
BHARAT Bond ETF - April 2030 - Growth | 18,782.69 | 0.67 | 1.53 | 4.27 | 6.91 | 5.88 | |
BHARAT Bond ETF - April 2031 - Growth | 13,538.08 | 0.62 | 1.40 | 4.39 | 6.99 | 5.66 | |
BHARAT Bond ETF - April 2025 - Growth | 12,019.15 | 0.64 | 1.97 | 3.89 | 7.21 | 5.25 | |
Edelweiss Arbitrage Fund Regular-Growth | 11,768.88 | 0.63 | 1.97 | 4.16 | 7.87 | 5.76 | |
Edelweiss Balanced Advantage Fund Regular-Growth | 11,281.66 | 2.98 | 8.54 | 12.45 | 24.86 | 13.46 | |
BHARAT Bond ETF - April 2032 - Growth | 11,191.19 | 0.72 | 1.66 | 4.58 | 7.18 | - | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Regular - Growth | 10,073.56 | 0.61 | 1.84 | 3.67 | 6.76 | 5.17 | |
BHARAT Bond FOF - April 2030 Regular - Growth | 6,767.58 | 0.99 | 1.65 | 4.55 | 6.64 | 5.58 | |
Edelweiss Mid Cap Fund Regular-Growth | 5,863.60 | 10.94 | 24.93 | 27.65 | 57.77 | 28.14 | |
BHARAT Bond ETF - April 2033 - Growth | 5,691.11 | 0.77 | 1.58 | 4.76 | 7.39 | - |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Edelweiss Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Edelweiss Nifty 50 Index Fund is Open-ended Large Cap Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on May 08, 2015.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 50 subject to tracking errors. "
2. It is benchmarked against NIFTY 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.88% in equities, 0.31% in debts and -0.19% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 55.93% of the assets, the top 3 sectors constitute around 59.31% of the assets.
3. The fund largely follows a Growth oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Edelweiss Nifty 50 Index Fund
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Edelweiss Nifty 50 Index Fund
- Is it safe to invest in Edelweiss Nifty 50 Index Fund?As per SEBI’s latest guidelines to calculate risk grades, investment in the Edelweiss Nifty 50 Index Fund comes under Very High risk category.
- What is the category of Edelweiss Nifty 50 Index Fund?Edelweiss Nifty 50 Index Fund belongs to the Equity : Large Cap category of funds.
- How Long should I Invest in Edelweiss Nifty 50 Index Fund?The suggested investment horizon of investing into Edelweiss Nifty 50 Index Fund is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Edelweiss Nifty 50 Index Fund?The Edelweiss Nifty 50 Index Fund is managed by Bhavesh Jain (Since Apr 24, 2015) and Bharat Lahoti (Since Oct 01, 2021).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.