Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl

Equity
Direct
Index Funds
Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl

About the Fund

Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 8 October, 2021. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl has ₹34 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl has given a CAGR return of 13.86% since inception. Over the last 1 year the fund has given a CAGR return of 33.20%.

Holdings

Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Consumer Defensive, Tech, Consumer Cyclical, Industrial, Basic Materials, Energy, Financial Services, Health. Its top holdings are Coal India Ltd, Bharat Electronics Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Tata Consultancy Services Ltd, ITC Ltd

Taxation

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 benefit
Dividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.

Investment objective of Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl

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 and lockin period

Minimum investment for lump sum payment is INR 0.00 and for SIP is INR 0.00. Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.14%
Benchmark
Nifty 100 Quality 30 TR INR
AUM₹34 Cr
Inception Date8 October, 2021
Min Lumpsum/SIP--/--
Exit Load0%
Lock InNo Lock-in
TurnOver
38.51%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (31-May-24)

  • Equity 100%

Large cap
92.9%

Mid cap
13.3%

Sector Allocation

May'24

Apr'24

Mar'24

Consumer Defensive
26.9%
Tech
20.2%
Consumer Cyclical
16.6%
Industrial
14.6%
Basic Materials
7.4%
Energy
6.2%
Financial Services
5.6%
Health
2.5%
All changes are between Mar'24 and May'24

Returns for the month of May

  • Gainers

  • Losers

Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl, since 25 May 2016
Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl, since 1 October 2021

Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl 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 13.86% since inception which is less than its category average return of 21.99%
Fund Allocations

Fund Allocations

This fund has an allocation of 106.17% in Equity, 0% in Debt and -6.17% in Cash related instruments
AUM size ₹34 Cr

AUM size ₹34 Cr

This fund has AUM of ₹34 Cr which is less than its category average of ₹ 749 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 0.55%

Frequently Asked Questions

The current NAV of Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl is ₹14.13 as on 20-Jun-2024.
Existing (Absolute + CAGR) as on 20-Jun-2024.
Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
6.26%
6.26%
6 Month Returns
16.98%
16.98%
1 Year Returns
33.2%
33.2%
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 May 2024
₹34 Cr as on May 2024
Coal India Ltd(6.6%), Bharat Electronics Ltd(4.98%), Hindustan Aeronautics Ltd Ordinary Shares(4.95%), Tata Consultancy Services Ltd(4.77%), ITC Ltd(4.6%) as on May 2024
Consumer Defensive(28.58%), Tech(21.47%), Consumer Cyclical(17.6%) as on May 2024
The alpha ratio for the Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The alpha for Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
-
-
-
As on May 2024
The Beta for Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
1.94
-
-
As on May 2024
The sharpe ratio for Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl 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 Transfer Inc Dist cum Cap Wdrl
10.16
-
-
As on May 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.
Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl
The Exit load of Edelweiss Nifty 100 Quality 30 Index Fund Direct Transfer Inc Dist cum Cap Wdrl is 0%