Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl
Equity
Direct
Index Funds
NAV: ₹ 14 as on 05-12-2023
Fund Performance
About the Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl is an equity fund. This fund was started on 30 November, 2022. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl has ₹76 Cr worth of assets under management (AUM) as on Oct 2023 and is less than category average.
- The fund has an expense ratio 0.1.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl Overview
 | 0.14% |
 Benchmark | Nifty Midcap 150 Momentum 50 |
 | ₹76 Cr |
 | 30 November, 2022 |
 | --/-- |
 | 0% |
 | No Lock-in |
 TurnOver | 137.78% |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl Distribution as on (31-Oct-23)
Size breakup
Mid cap
84.3%
Large cap
15.7%
Sector Allocation
Financial Services
29%
Industrial
25.4%
Consumer Cyclical
21.3%
Health
10.1%
Basic Materials
8.5%
Tech
3%
Utilities
1.6%
Real Estate
1%
Top Holdings of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl as on (30-Nov-23)
Equity Holdings50
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl: Monthly Changes Updates
All changes are between Aug'23 and Oct'23
Fund Performance
- This fund’s returns stands at -2.93% whereas the fund’s underlying benchmark Nifty 50 returns stands at -2.30% as on Oct'23
- This fund underperformed Nifty 50 by 0.63% in Oct'23
AUM Change
- AUM of the fund stands at 75.6 Cr as of Oct'23
- AUM increased by 3.8 Cr between Oct'23 and Sep'23
Fund Portfolio Changes
Gainers & Losers in Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl portfolio Returns for the month of Oct
Top Growth Drivers | 1M Return |
|---|---|
 Supreme Industries Ltd | 7.8% |
 Persistent Systems Ltd | 7.5% |
 TVS Motor Company Ltd | 4% |
Peer Analysis
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl Fund Manager
Bharat Lahoti
Fund Manager of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl, since 30 November 2022
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl, since 30 November 2022
Top funds managed
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl 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 39.71% since inception which is more than its category average return of 17.61%
Fund Allocations
This fund has an allocation of 99.98% in Equity, 0% in Debt and 0.02% in Cash related instruments
AUM size ₹76 Cr
This fund has AUM of ₹76 Cr which is less than its category average of ₹ 566 Cr
Expense Ratio 0.14%
This fund has an expense ratio of 0.14% which is less than its category average expense ratio of 0.53%
Frequently Asked Questions
The current NAV of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl is ₹14.05 as on 05-Dec-2023.
Existing (Absolute + CAGR) as on 05-Dec-2023.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl | Absolute Returns | CAGR Returns |
1 Month Returns | 13.72% | 13.72% |
6 Month Returns | 35.12% | 35.12% |
1 Year Returns | 37.95% | 37.95% |
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 November 2023
₹76 Cr as on November 2023
Power Finance Corp Ltd(5.5%), TVS Motor Co Ltd(5.36%), REC Ltd(5.27%), CG Power & Industrial Solutions Ltd(4.54%), Indian Hotels Co Ltd(4.35%) as on November 2023
Financial Services(29.02%), Industrial(25.39%), Consumer Cyclical(21.34%) as on November 2023
The alpha ratio for the Edelweiss Nifty Midcap150 Momentum 50 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 Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl | - | - | - |
As on November 2023
The alpha for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer 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 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 Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl | - | - | - |
As on November 2023
The Beta for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer 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 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 Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl | 1.54 | - | - |
As on November 2023
The sharpe ratio for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer 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 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 Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl | 16.48 | - | - |
As on November 2023
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 Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl
The Exit load of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Transfer Inc Dist cum Cap Wdrl is 0%