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Edelweiss Exchange Traded Fund Nifty Bank-5.08%

58.82%
1 Year Return
Others
Sectoral/Thematic
1.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Exchange Traded Fund Nifty Bank

RiskVery High
Min SIP AmountNot Supported
Expense Ratio0.12%
NAV₹3208.12 (13 Apr 2021)
Fund Started15 Dec 2015
Fund Size1 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
58.8%
8.0%
15.1%
14.2%
Category Average
-
-
-
-
Rank Within Category
4
5
7
-
*All returns are annualized.
SIP
Minimum SIP amount1
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 58.8% returns per annum

Comparison

Data not available
Pros
1. Lower expense ratio - 0.12%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity26.0%
ICICI Bank Ltd.FinancialEquity19.5%
Axis Bank Ltd.FinancialEquity15.9%
State Bank of IndiaFinancialEquity13.3%
Kotak Mahindra Bank Ltd.FinancialEquity12.3%
Indusind Bank Ltd.FinancialEquity5.3%
Bandhan Bank Ltd.FinancialEquity2.1%
Federal Bank Ltd.FinancialEquity1.5%
IDFC First Bank Ltd.FinancialEquity1.2%
RBL Bank Ltd.FinancialEquity0.9%
See All

Fund Managers

Bhavesh Jain
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Hiten Shah
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Hardik Verma
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Edelweiss Exchange Traded Fund Nifty Bank Details

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 13 Apr 2021 is ₹3208.12.

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

Investment Objective

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

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
30 Apr 2008
Edelweiss Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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