Home>Mutual Funds>Edelweiss Mutual Fund>Edelweiss Exchange Traded Fund Nifty Bank

Edelweiss Exchange Traded Fund Nifty Bank

Other
Index
Very High Risk
60.42%
1Y return
-0.31% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 30 Jul 2021₹3,503.56
Min. SIP AmountNA
Rating1star
Fund Size₹1.31 Cr

Holdings (12)

NameSectorInstrumentAssets
HDFC Bank Ltd.FinancialEquity28.7%
ICICI Bank Ltd.FinancialEquity21.0%
Kotak Mahindra Bank Ltd.FinancialEquity12.0%
Axis Bank Ltd.FinancialEquity12.0%
State Bank of India
FinancialEquity12.0%
Indusind Bank Ltd.FinancialEquity5.3%
AU Small Finance Bank Ltd.FinancialEquity2.0%
Bandhan Bank Ltd.FinancialEquity1.9%
The Federal Bank Ltd.FinancialEquity1.5%
IDFC First Bank Ltd.FinancialEquity1.3%
See All

Pros and cons

Category: Other Index

Pros

  • Lower expense ratio - 0.12%
  • 1Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • 3Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.12%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand termsinfo

Fund management

Bhavesh Jain
Dec 2015 - Present
View Details
keyboard_arrow_down
Hiten Shah
May 2016 - Present
View Details
keyboard_arrow_down
Hardik Verma
Sep 2019 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Edelweiss Exchange Traded Fund Nifty Bank
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India