Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth
Equity
Direct
Equity - Other
NAV: ₹ 21.5 as on 22-09-2023
Fund Performance
1964 people have invested ₹ 58.6L in Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth in the last three months
Fund Insights
In the last 3 years, ICICI Prudential Commodities Fund Direct Growth has given 45.19% return, outperforming this fund by 19.99% per annum.
This fund expense ratio is slightly on the lower side within the category (equity - other). Its expense ratio is 0.89% which is lower than the category average expense ratio of 1.19%.
Over the last 6 months, this fund has increased expense ratio by 45.9% moving from 0.61 to 0.89.
In the last 5 years, Sundaram Services Direct Growth has given 21.48% return, outperforming this fund by 2.93% per annum.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 40.34% return, outperforming this fund by 26.76%.
About the Fund
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth is an equity fund. This fund was started on 26 February, 2018. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth has ₹953 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.9.
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth Overview
 | 0.89% |
 Benchmark | India Recent 100 IPO TR INR |
 | ₹953 Cr |
 | 26 February, 2018 |
 | ₹5000/₹100 |
 Exit Load | 2% |
 | No Lock-in |
 TurnOver | 49.47% |
Fund Distribution as on (31-Aug-23)
Size breakup
Small cap
68.5%
Mid cap
23.1%
Large cap
1.4%
Sector Allocation
Consumer Cyclical
28.1%
Financial Services
17.4%
Health
16%
Industrial
14.5%
Tech
13.1%
Basic Materials
7.7%
Consumer Defensive
3.2%
Top Holdings of Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth as on (31-Aug-23)
Equity Holdings48
Debt Holdings2
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 2.83% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.74% as on Aug'23
- This fund outperformed Nifty 500 by 3.57% in Aug'23
AUM Change
- AUM of the fund stands at 953 Cr as of Aug'23
- AUM decreased by 17.8 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Data Patterns (India) Ltd | 18% |
 MTAR Technologies Ltd | 15.8% |
 C.E. Info Systems Ltd | 15.3% |
Peer Analysis
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth Fund Manager
Bharat Lahoti
Fund Manager of Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth, since 26 February 2018
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth, since 26 February 2018
Top funds managed
Fund 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 14.71% since inception which is less than its category average return of 15.01%
Fund Allocations
This fund has an allocation of 99.01% in Equity, 0% in Debt and 0.99% in Cash related instruments
AUM size ₹953 Cr
This fund has AUM of ₹953 Cr which is less than its category average of ₹ 1341 Cr
Expense Ratio 0.89%
This fund has an expense ratio of 0.89% which is less than its category average expense ratio of 1.39%
Frequently Asked Questions
The current NAV of Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth is ₹21.47 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.73% | 0.73% |
6 Month Returns | 32.7% | 32.7% |
1 Year Returns | 13.58% | 13.58% |
3 Years Returns | 96.25% | 25.2% |
5 Years Returns | 134.12% | 18.55% |
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.
0.89% as on August 2023
₹953 Cr as on August 2023
Data Patterns (India) Ltd(4.08%), CE Info Systems Ltd(3.88%), Go Fashion (India) Ltd(3.86%), Metro Brands Ltd(3.8%), Sona BLW Precision Forgings Ltd(3.44%) as on August 2023
Consumer Cyclical(27.83%), Financial Services(17.25%), Health(15.82%) as on August 2023
The alpha ratio for the Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth | - | - | - |
As on August 2023
The alpha for Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth is calculated against India Recent 100 IPO 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 Recently Listed Ipo Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth | - | - | - |
As on August 2023
The Beta for Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth is calculated with India Recent 100 IPO 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 Recently Listed Ipo Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth | 0.7 | 1.11 | 0.6 |
As on August 2023
The sharpe ratio for Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth is calculated with India Recent 100 IPO 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 Recently Listed Ipo Fund - Direct Plan - Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth | 15.24 | 17.67 | 20.52 |
As on August 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.
Sortino ratio is 1.91 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth
The Exit load of Edelweiss Recently Listed Ipo Fund - Direct Plan - Growth is 2%