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Edelweiss Exchange Traded Fund Nifty Bank
Equity
Sectoral
Very High Risk
+27.77%
3Y annualised
-0.18% 1D
NAV: 07 Aug '23
₹4,579.84
Min. for SIP
Not Supported
Fund size
₹1.73 Cr
Expense ratio
0.98%
Holdings (12)
| Name | Sector | Instruments | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 28.45% |
| ICICI Bank Ltd. | Financial | Equity | 24.07% |
| State Bank of India | Financial | Equity | 9.90% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 9.40% |
| Axis Bank Ltd. | Financial | Equity | 9.36% |
| Indusind Bank Ltd. | Financial | Equity | 6.76% |
| Bank Of Baroda | Financial | Equity | 2.75% |
| AU Small Finance Bank Ltd. | Financial | Equity | 2.56% |
| The Federal Bank Ltd. | Financial | Equity | 2.10% |
| IDFC First Bank Ltd. | Financial | Equity | 1.98% |
| Punjab National Bank | Financial | Equity | 1.34% |
| Bandhan Bank Ltd. | Financial | Equity | 1.21% |
See All
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Returns and rankings
Annualised returns
Absolute returns
| Name | 1Y | 3Y | 5Y | All |
|---|---|---|---|---|
| Fund returns | +18.5% | +27.8% | +10.1% | +14.2% |
| Category average (Equity Sectoral) | +16.5% | +14.4% | +16.1% | -- |
| Rank (Equity Sectoral) | 22 | 4 | 6 | -- |
Exit load, stamp duty and tax
Exit load
Nil
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Check past data
About Edelweiss Exchange Traded Fund Nifty Bank
Edelweiss Exchange Traded Fund Nifty Bank is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. The fund currently has an Asset Under Management(AUM) of ₹1,69,379 Cr and the Latest NAV as of 07 Aug 2023 is ₹4,579.84.
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.
Fund benchmarkNIFTY Bank Total Return Index
Fund house
Rank (total assets)#15 in India
Total AUM₹1,69,378.51 Cr
Date of Incorporation30 Apr 2008
Launch Date30 Apr 2008
AddressEdelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Websitewww.karvymfs.com
AddressKarvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,