Edelweiss Exchange Traded Fund Nifty Bank-1.52%

1Groww
2.26%
1 Year Return
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Fund Details

Edelweiss Exchange Traded Fund Nifty Bank

RiskHigh
Min SIP AmountNot Supported
Expense Ratio0.12%
NAV2726.24 (19 Sep 2019)
Fund Started15 Dec 2015
Fund Size1 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Exchange Traded Fund Nifty Bank
2.3%
10.8%
NA
14.2%
Category Average
NA
NA
NA
-
Rank within category
5
2
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 2.3% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    Found nothing so far.

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity32.8%
    ICICI Bank Ltd.FinancialEquity19.3%
    Kotak Mahindra Bank Ltd.FinancialEquity13.9%
    Axis Bank Ltd.FinancialEquity12.0%
    State Bank of IndiaFinancialEquity9.3%
    Indusind Bank Ltd.FinancialEquity6.7%
    Federal Bank Ltd.FinancialEquity1.4%
    RBL Bank Ltd.FinancialEquity1.2%
    Bank Of BarodaFinancialEquity1.0%
    Yes Bank Ltd.FinancialEquity1.0%
    See All

    Fund Managers

    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed

    Other Details

    Edelweiss Exchange Traded Fund Nifty Bank is a Others Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 15 Dec 2015. Bhavesh Jain, Hiten Shah is the Current Fund Manager of Edelweiss Exchange Traded Fund Nifty Bank.The fund currently has an Asset Under Management(AUM) of ₹1 Cr and the Latest NAV as of 19 Sep 2019 is ₹2726.24.

    The Edelweiss Exchange Traded Fund Nifty Bank is rated High risk. Minimum SIP Investment is 1. Nil.

    Investment Objective

    The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Bank Index subject to tracking errors. 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.

    Tax Implications

    Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Nil
    Exit Load

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    About Edelweiss Mutual Fund

    Address
    Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
    Phone
    +91 22 40979900
    Launch Date
    29 Apr 2008
    Edelweiss Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
    Enter investment amount
    + ₹1,000
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    + ₹10,000
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    MONTHLY SIP
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