Fund Details
Edelweiss ETF Nifty 100 Quality 30
| Risk | Very High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.27% |
| NAV | ₹392.43 (26 Jul 2021) |
|---|---|
| Fund Started | 25 May 2016 |
| Fund Size | ₹11 Cr |
Returns
Comparison
1. Lower expense ratio - 0.27%
2. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Hindustan Unilever Ltd. | FMCG | Equity | 5.0% |
| Nestle India Ltd. | FMCG | Equity | 5.0% |
| Infosys Ltd. | Technology | Equity | 5.0% |
| Asian Paints Ltd. | Chemicals | Equity | 5.0% |
| Tata Consultancy Services Ltd. | Technology | Equity | 5.0% |
| ITC Ltd. | FMCG | Equity | 4.9% |
| HDFC Bank Ltd. | Financial | Equity | 4.9% |
| Bajaj Finance Ltd. | Financial | Equity | 4.9% |
| HCL Technologies Ltd. | Technology | Equity | 4.9% |
| Maruti Suzuki India Ltd. | Automobile | Equity | 3.6% |
Fund Managers
Edelweiss ETF Nifty 100 Quality 30 Details
Edelweiss ETF Nifty 100 Quality 30 is a Other Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 25 May 2016. Bhavesh Jain, Hiten Shah is the Current Fund Manager of Edelweiss ETF Nifty 100 Quality 30 fund.The fund currently has an Asset Under Management(AUM) of ₹11 Cr and the Latest NAV as of 26 Jul 2021 is ₹392.43.
The Edelweiss ETF Nifty 100 Quality 30 is rated Very High risk. Minimum SIP Investment is set to 100.
Investment Objective
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 100 Quality 30 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.
