|Min SIP Amount||Not Supported|
|NAV||₹2432.57 (29 Oct 2020)|
|Fund Started||15 Dec 2015|
|Fund Size||₹1 Cr|
|HDFC Bank Ltd.||Financial||Equity||28.8%|
|ICICI Bank Ltd.||Financial||Equity||19.6%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||14.9%|
|Axis Bank Ltd.||Financial||Equity||14.3%|
|State Bank of India||Financial||Equity||10.4%|
|Indusind Bank Ltd.||Financial||Equity||4.4%|
|Bandhan Bank Ltd.||Financial||Equity||2.7%|
|Federal Bank Ltd.||Financial||Equity||1.4%|
|RBL Bank Ltd.||Financial||Equity||1.1%|
|IDFC First Bank Ltd.||Financial||Equity||0.9%|
Edelweiss Exchange Traded Fund Nifty Bank is a Others Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 15 Dec 2015. Bhavesh Jain, Hiten Shah is the Current Fund Manager of Edelweiss Exchange Traded Fund Nifty Bank fund.The fund currently has an Asset Under Management(AUM) of ₹1 Cr and the Latest NAV as of 29 Oct 2020 is ₹2432.57.
The Edelweiss Exchange Traded Fund Nifty Bank is rated High risk. Minimum SIP Investment is set to 1.
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Bank Index subject to tracking errors.
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.