Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV: ₹ 12.93 as on 18-04-2024
Fund Performance
697 people have invested ₹ 7.2L in Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth in the last three months
About the Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is an equity fund. This fund was started on 7 October, 2021. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth has ₹25 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.1.
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Overview
 | 0.14% |
 Benchmark | Nifty 100 Quality 30 TR INR |
 | ₹25 Cr |
 | 7 October, 2021 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 38.51% |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
94.7%
Mid cap
5.1%
Sector Allocation
Consumer Defensive
27.9%
Tech
22.8%
Consumer Cyclical
16.7%
Industrial
11.3%
Basic Materials
8%
Energy
5.8%
Financial Services
5.4%
Health
2.1%
Top Holdings of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth as on (31-Mar-24)
Equity Holdings30
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 0.49% whereas the fund’s underlying benchmark Nifty 50 returns stands at -0.05% as on Mar'24
- This fund outperformed Nifty 50 by 0.54% in Mar'24
AUM Change
- AUM of the fund stands at 24.6 Cr as of Mar'24
- AUM increased by 3.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Bajaj Auto Ltd | 8.1% |
 Maruti Suzuki India Ltd | 7.7% |
 Colgate-Palmolive (India) Ltd | 3.5% |
Top Losers | 1M Return |
|---|---|
 Infosys Ltd | -7.9% |
 HCL Technologies Ltd | -6.7% |
 Tata Consultancy Services Ltd | -3.6% |
Peer Analysis
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Fund Manager
Bharat Lahoti
Fund Manager of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth, since 1 October 2021
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth, since 25 May 2016
Top funds managed
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 10.5% since inception which is less than its category average return of 19.06%
Fund Allocations
This fund has an allocation of 99.76% in Equity, 0% in Debt and 0.24% in Cash related instruments
AUM size ₹25 Cr
This fund has AUM of ₹25 Cr which is less than its category average of ₹ 689 Cr
Expense Ratio 0.14%
This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.5%
Frequently Asked Questions
The current NAV of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is ₹12.93 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.38% | 0.38% |
6 Month Returns | 14.65% | 14.65% |
1 Year Returns | 32.98% | 32.98% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- 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.
0.14% as on March 2024
₹25 Cr as on March 2024
Coal India Ltd(5.75%), HCL Technologies Ltd(5.12%), Nestle India Ltd(4.97%), Tata Consultancy Services Ltd(4.95%), Infosys Ltd(4.7%) as on March 2024
Consumer Defensive(27.83%), Tech(22.78%), Consumer Cyclical(16.66%) as on March 2024
The alpha ratio for the Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | - | - | - |
As on March 2024
The alpha for Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is calculated against Nifty 100 Quality 30 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | - | - | - |
As on March 2024
The Beta for Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is calculated with Nifty 100 Quality 30 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | 2.27 | - | - |
As on March 2024
The sharpe ratio for Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is calculated with Nifty 100 Quality 30 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | 10.79 | - | - |
As on March 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth
The Exit load of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is 0%