Equity
Direct
Index Funds
NAV as on 11-12-2024
₹ 14.9
▲0.6%
1D
Inception Returns
12.9%
/yr
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 Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth has given a CAGR return of 12.87% since inception. Over the last 1 and 3 years the fund has given a CAGR return of 22.18% and 15.38% respectively.
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Tech, Consumer Cyclical, Industrial, Basic Materials, Financial Services, Energy, Health. Its top holdings are ITC Ltd, Infosys Ltd, HCL Technologies Ltd, Hindustan Unilever Ltd, Tata Consultancy Services Ltd
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty 100 Quality 30 Index subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth has no lock in period.
Expense ratio | 0.3% |
Benchmark | Nifty 100 Quality 30 TR INR |
AUM | ₹140 Cr |
Inception Date | 7 October, 2021 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0% |
Lock In | No Lock-in |
TurnOver | 38.42% |
STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
Risk | Very High Risk |
as on (31-Oct-24)
Top 3 Sectors in October were Consumer Defensive, Tech & Consumer Cyclical
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.01% | 1.01% |
6 Month Returns | 3.95% | 3.95% |
1 Year Returns | 22.18% | 22.18% |
3 Years Returns | 53.6% | 15.38% |
5 Years Returns | 0% | 0% |
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | 1.07 | 0.73 | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth | 14.53 | 13.35 | - |