Edelweiss Gold and Silver ETF Fund of Fund Direct Growth
Others
Direct
Sector - Precious Metals
NAV as on 03-10-2024
₹ 15.18
▲0.6%
1D
Inception Returns
22.5%
/yr
About the Fund
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth is a hybrid fund. This fund was started on 14 September, 2022. The fund is managed by Bhavesh Jain, Bharat Lahoti. This fund gives you the benefit of diversification.
Key Parameters
- Edelweiss Gold and Silver ETF Fund of Fund Direct Growth has ₹114 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.3.
Returns
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth has given a CAGR return of 22.54% since inception. Over the last 1 year the fund has given a CAGR return of 29.52%.
Holdings
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth has allocated its funds majorly in Cash Equivalent. Its top holdings are Edelweiss Silver ETF, Edelweiss Gold ETF
Taxation
As it is a sector - precious metals mutual fund the taxation is as follows:Unknown asset type.
Investment objective of Edelweiss Gold and Silver ETF Fund of Fund Direct Growth
The investment objective of the scheme is to generate returns by investing in units of Gold ETFs and Silver ETFs. However, the performance of the scheme may differ from that of the underlying gold and silver due to tracking error of the underlying exchange traded funds.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Gold and Silver ETF Fund of Fund Direct Growth has no lock in period.
Historical NAV & Returns
Fund Overview
| Expense ratio | 0.3% |
Benchmark | Domestic Prices of Gold and Silver |
| AUM | ₹114 Cr |
| Inception Date | 14 September, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 146.12% |
| STCG | Selling within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Very High Risk |
Trailing Returns
as on (03-Oct-24)
Fund Distribution
as on (31-Dec-69)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Edelweiss Silver ETF | 49.99% | 10.4% | |
Edelweiss Gold ETF | 49.91% | 10.7% |
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth Highlights
Very High Risk
About the fund
AUM size ₹0 Cr
Expense Ratio 0.3%
Frequently Asked Questions
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.74% | 7.74% |
6 Month Returns | 12.9% | 12.9% |
1 Year Returns | 29.52% | 29.52% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.