Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl

Compare
Equity
Direct
Index Funds
NAV: ₹ 17.62 as on 17-05-2024

About the Fund

Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 30 November, 2022. The fund is managed by Bhavesh Jain, Bharat Lahoti. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl has ₹216 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.
Fund Performance
zero opening, trading, fund transfer fee
6 people have invested ₹ 6.3K in Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.35%
Benchmark
Benchmark
Nifty Midcap 150 Momentum 50
AUM
AUM
₹216 Cr
Inception Date
Inception Date
30 November, 2022
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.5%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
137.78%

Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Equity 99.7%

  • Debt & Cash 0.3%

Size breakup

Mid cap
97.9%
Small cap
1.8%
Sector Allocation

Apr'24

Mar'24

Feb'24

Financial Services
28.2%
Health
19.6%
Industrial
14.2%
Basic Materials
13.2%
Real Estate
9%
Consumer Cyclical
6.7%
Tech
4.9%
Utilities
3.8%
Communication
0.5%

Top Holdings of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl as on (30-Apr-24)

  • Equity

Equity Holdings50

Monthly Changes Updates

All changes are between Feb'24 and Apr'24
Fund Performance
Apr'24
Mar'24
Feb'24
Fund Returns
7.59%
1.53%
-0.26%
Nifty 50
0.64%
-0.05%
1.32%
  • This fund’s returns stands at 7.59% whereas the fund’s underlying benchmark Nifty 50 returns stands at 0.64% as on Apr'24
  • This fund outperformed Nifty 50 by 6.95% in Apr'24
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 215.8 Cr
₹ 193.6 Cr
₹ 193.6 Cr
  • AUM of the fund stands at 215.8 Cr as of Apr'24
  • AUM increased by 22.2 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Fund Manager

Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 November 2022
Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl, since 30 November 2022

Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment 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 47.3% since inception which is more than its category average return of 19.71%
Fund Allocations

Fund Allocations

This fund has an allocation of 99.72% in Equity, 0% in Debt and 0.28% in Cash related instruments
AUM size ₹216 Cr

AUM size ₹216 Cr

This fund has AUM of ₹216 Cr which is less than its category average of ₹ 723 Cr
Expense Ratio 0.35%

Expense Ratio 0.35%

This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 0.54%

Frequently Asked Questions

The current NAV of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is ₹17.62 as on 17-May-2024.
Existing (Absolute + CAGR) as on 17-May-2024.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
10.1%
10.1%
6 Month Returns
34.21%
34.21%
1 Year Returns
75.56%
75.56%
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.
0.35% as on April 2024
₹216 Cr as on April 2024
REC Ltd(5.08%), Lupin Ltd(4.73%), Power Finance Corp Ltd(4.73%), Aurobindo Pharma Ltd(4.55%), Bharat Heavy Electricals Ltd(4.38%) as on April 2024
Financial Services(28.55%), Health(18.7%), Industrial(14.86%) as on April 2024
The alpha ratio for the Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on April 2024
The alpha for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated against Nifty Midcap 150 Momentum 50. 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 Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
-
-
-
As on April 2024
The Beta for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with Nifty Midcap 150 Momentum 50. 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 Midcap150 Momentum 50 Index Fund Direct Reinvestment 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 Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
3.72
-
-
As on April 2024
The sharpe ratio for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is calculated with Nifty Midcap 150 Momentum 50. 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 Midcap150 Momentum 50 Index Fund Direct Reinvestment 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 Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
13.66
-
-
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.
Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl
The Exit load of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Reinvestment Inc Dist cum Cap Wdrl is 0.5%