Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth

Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth

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NAV: ₹ 13.85 as on 22-05-2024

About the Fund

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

  1. Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth has ₹28 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.1.
Fund Performance
zero opening, trading, fund transfer fee
693 people have invested ₹ 6.2L in Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth in the last three months

Overview

Expense ratio
Expense ratio
0.14%
Benchmark
Benchmark
Nifty 100 Quality 30 TR INR
AUM
AUM
₹28 Cr
Inception Date
Inception Date
7 October, 2021
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
38.51%

Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Distribution as on (30-Apr-24)

  • Equity 99.9%

  • Debt & Cash 0.1%

Size breakup

Large cap
94.6%
Mid cap
5.4%
Sector Allocation

Apr'24

Mar'24

Feb'24

Consumer Defensive
27.3%
Tech
21.4%
Consumer Cyclical
16.6%
Industrial
12.7%
Basic Materials
7.8%
Energy
5.9%
Financial Services
5.7%
Health
2.4%

Top Holdings of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth as on (30-Apr-24)

  • Equity

Equity Holdings30

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
1.48%
0.49%
2.02%
Nifty 50
0.64%
-0.05%
1.32%
  • This fund’s returns stands at 1.48% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
  • This fund outperformed Nifty 50 by 0.84% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 28.4 Cr
₹ 24.6 Cr
₹ 21.3 Cr
  • AUM of the fund stands at 28.4 Cr as of Apr'24
  • AUM increased by 3.8 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth, since 1 October 2021
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth, since 25 May 2016

Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 12.2% since inception which is less than its category average return of 20.03%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.95% in Equity, 0% in Debt and 0.05% in Cash related instruments
AUM size ₹28 Cr

AUM size ₹28 Cr

This fund has AUM of ₹28 Cr which is less than its category average of ₹ 717 Cr
Expense Ratio 0.14%

Expense Ratio 0.14%

This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.53%

Frequently Asked Questions

The current NAV of Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth is ₹13.85 as on 22-May-2024.
Existing (Absolute + CAGR) as on 22-May-2024.
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.07%
6.07%
6 Month Returns
17.43%
17.43%
1 Year Returns
33.57%
33.57%
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 April 2024
₹28 Cr as on April 2024
Coal India Ltd(5.93%), Tata Consultancy Services Ltd(4.81%), Nestle India Ltd(4.69%), ITC Ltd(4.56%), Maruti Suzuki India Ltd(4.53%) as on April 2024
Consumer Defensive(27.3%), Tech(21.43%), Consumer Cyclical(16.62%) as on April 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 April 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 April 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
2.06
-
-
As on April 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 April 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%