Edelweiss Nifty Next 50 Index Fund Direct Growth

Other
Index
Very High Risk
1M
All
NAV: 07 Feb 2023₹8.87
Min. SIP amount₹100
RatingNA
Fund size₹19.13Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Other Index
Absolute returns
1M3M6MAll
Fund returnsNANANA-3.0%
Category averageNANANANA
Rank with in categoryNANANANA
Understand terms

Holdings (50)

NameSectorInstrumentAssets
Adani Total Gas Ltd.EnergyEquity3.8%
LTIMindtree Ltd.TechnologyEquity3.5%
Pidilite Industries Ltd.ChemicalsEquity3.4%
Ambuja Cements Ltd.ConstructionEquity3.3%
Bharat Electronics Ltd.Capital GoodsEquity3.1%
Tata Power Company Ltd.EnergyEquity3.0%
Bank Of BarodaFinancialEquity3.0%
Vedanta Ltd.Metals & MiningEquity3.0%
SRF Ltd.DiversifiedEquity2.9%
Godrej Consumer Products Ltd.Consumer StaplesEquity2.9%
See All

Expense ratio, exit load and tax

Expense ratio: 0.22%

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 terms
Check past data

Minimum investment amounts

Min. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100

Fund management

Bhavesh Jain
Nov 2022 - Present
View details

Education
Mr. Jain is a MMS (Finance) from Mumbai University.
Experience
Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
801- 802 & 803 - 8th Floor,Windsor Off C.S.T. Road,Kalina-Santacruz (E), Mumbai 400098
Phone
40933400 / 1800-425-0090
Launch Date
30 Apr 2008
Website
NA
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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