|Min SIP Amount||Not Supported|
|NAV||₹3208.12 (13 Apr 2021)|
|Fund Started||15 Dec 2015|
|Fund Size||₹1 Cr|
|HDFC Bank Ltd.||Financial||Equity||26.0%|
|ICICI Bank Ltd.||Financial||Equity||19.5%|
|Axis Bank Ltd.||Financial||Equity||15.9%|
|State Bank of India||Financial||Equity||13.3%|
|Kotak Mahindra Bank Ltd.||Financial||Equity||12.3%|
|Indusind Bank Ltd.||Financial||Equity||5.3%|
|Bandhan Bank Ltd.||Financial||Equity||2.1%|
|Federal Bank Ltd.||Financial||Equity||1.5%|
|IDFC First Bank Ltd.||Financial||Equity||1.2%|
|RBL 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 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.
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.