Edelweiss Recently Listed IPO Fund Direct Growth

Edelweiss Recently Listed IPO Fund Direct Growth is an equity fund. This fund was started on 26 February, 2018. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.

1. Edelweiss Recently Listed IPO Fund Direct Growth has ₹843 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 1.
   

Edelweiss Recently Listed IPO Fund Direct Growth has given a CAGR return of 14.69% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.06%, 16.70% and 24.31% respectively.

Edelweiss Recently Listed IPO Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Health, Financial Services, Tech, Utilities, Communication, Basic Materials, Consumer Defensive. Its top holdings are Bharti Hexacom Ltd, Jyoti CNC Automation Ltd, Bajaj Housing Finance Ltd, Aadhar Housing Finance Ltd, Vishal Mega Mart Ltd

As it is a equity - other mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

The investment objective of the Scheme is to seek to provide capital appreciation by investing in equity and equity related securities of recently listed 100 companies or upcoming Initial Public Offers (IPOs).

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Recently Listed IPO Fund Direct Growth has no lock in period.