Edelweiss Nifty Next 50 Index Fund Direct Growth
NAV as on 25-04-2025
₹ 14.87
▲0.7%
1D
Inception Returns
19.3%
/yr
Historical NAV & Returns
About Edelweiss Nifty Next 50 Index Fund Direct Growth
Edelweiss Nifty Next 50 Index Fund Direct Growth is an equity fund. This fund was started on 30 November, 2022. The fund is managed by Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Nifty Next 50 Index Fund Direct Growth has ₹120 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Edelweiss Nifty Next 50 Index Fund Direct Growth has given a CAGR return of 19.29% since inception. Over the last 1 year the fund has given a CAGR return of 5.48%.
Holdings
Edelweiss Nifty Next 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Defensive, Utilities, Basic Materials, Consumer Cyclical, Health, Energy, Real Estate, Communication, Tech. Its top holdings are InterGlobe Aviation Ltd, Hindustan Aeronautics Ltd Ordinary Shares, Vedanta Ltd, Divi's Laboratories Ltd, Varun Beverages 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 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Edelweiss Nifty Next 50 Index Fund Direct Growth
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Next 50 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 100.00 and for SIP is INR 100.00. Edelweiss Nifty Next 50 Index Fund Direct Growth has no lock in period.
Edelweiss Nifty Next 50 Index Fund Direct Growth Overview
| Expense ratio | 0.09% |
Benchmark | NIFTY Next 50 Index |
| AUM | ₹120 Cr |
| Inception Date | 30 November, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 122.99% |
| 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 |
Fund Distribution
as on (31-Mar-25)
- This fund’s returns stands at 10.46% whereas the fund’s underlying benchmark Nifty Next 50 returns stands at 6.33% as on Mar'25
- This fund outperformed Nifty Next 50 by 4.14% in Mar'25
- AUM of the fund stands at 119.6 Cr as of Mar'25
- AUM increased by 17.8 Cr between Mar'25 and Feb'25
Top 3 Sectors in March were Financial Services, Industrial & Consumer Cyclical
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 InterGlobe Aviation Ltd | 4.55% | 8.8% | |
 Hindustan Aeronautics Ltd Ordinary Shares | 3.6% | 8.8% | |
 Vedanta Ltd | 3.56% | 8.9% | |
 Divi's Laboratories Ltd | 3.32% | 8.7% | |
 Varun Beverages Ltd | 3.28% | 8.9% |
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Edelweiss Nifty Next 50 Index Fund Direct Growth | 5.48% | - | - | 19.29% |
 Motilal Oswal Nifty Bank Index Fund Direct Growth | 16.16% | 16.09% | 22.44% | 13.49% |
Motilal Oswal Nifty Midcap 150 Index Fund Direct Growth | 10.22% | 21.78% | 32.82% | 25.84% |
 UTI Nifty 50 Index Fund-Growth Option- Direct | 9.84% | 13.38% | 22.28% | 13.07% |
Top Growth Drivers | 1M Return |
|---|---|
 Interglobe Aviation Ltd | 5.7% |
 Hindustan Aeronautics Ltd | 1.7% |
Edelweiss Nifty Next 50 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹120 Cr
Expense Ratio 0.09%
More funds from Edelweiss
5Y CAGR
▲ 35.57
5Y CAGR
▲ 36.58
5Y CAGR
▲ 27.07
5Y CAGR
▲ 26.96
Frequently Asked Questions for Edelweiss Nifty Next 50 Index Fund Direct Growth
Edelweiss Nifty Next 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 4.92% | 4.92% |
6 Month Returns | -6.67% | -6.67% |
1 Year Returns | 5.48% | 5.48% |
3 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Nifty Next 50 Index Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Nifty Next 50 Index Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Nifty Next 50 Index Fund Direct Growth | -0 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Nifty Next 50 Index Fund Direct Growth | 22.83 | - | - |