Edelweiss Nifty Alpha Low Volatility 30 Index Fund Direct Growth

Equity
Large & MidCap
Very High Risk
Launch date26 Apr 2024
Allotment date17 May 2024
End date10 May 2024
NAV₹10.00

Expense ratio, exit load and tax

Expense ratio: 0.39%

Inclusive of GST

Exit load

Exit load of 0.1%, if redeemed within 15 days.

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

If you redeem within one year, returns are taxed at 20%. If you redeem after one year, returns exceeding Rs 1.25 lakh in a financial year are taxed at 12.5%.

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
Apr 2024 - 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

Rank (total assets)#15 in India
Total AUM₹1,66,386.01Cr
Date of Incorporation30 Apr 2008

Edelweiss Nifty Alpha Low Volatility 30 Index Fund Direct Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Bhavesh Jain is the Current Fund Manager of Edelweiss Nifty Alpha Low Volatility 30 Index Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,66,386 Cr and the Latest NAV as of 18 Dec 2025 is ₹10.10. The Edelweiss Nifty Alpha Low Volatility 30 Index Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit load of 0.1%, if redeemed within 15 days. ;

Investment Objective

The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Alpha Low Volatility 30 Index, subject to tracking errors. ;

Fund benchmarkNifty Alpha Low Volatility 30 Index

Fund house contact details

Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Launch Date
30 Apr 2008
E-mail
NA

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