Edelweiss Recently Listed IPO Fund Direct Plan Growth
Equity
Direct
Equity - Other
NAV: ₹ 24.46 as on 16-04-2024
Fund Performance
2629 people have invested ₹ 68.1L in Edelweiss Recently Listed IPO Fund Direct Plan Growth in the last three months
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 4.8% drop in AUM moving from 942.95 Cr to 897.42 Cr.
In the last 1 year, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 98.65% return, outperforming this fund by 53.16%.
In the last 5 years, Invesco India PSU Equity Fund Direct Plan Growth has given 28.35% return, outperforming this fund by 6.08% per annum.
In the last 3 years, Aditya Birla Sun Life PSU Equity Fund Direct Growth has given 46.45% return, outperforming this fund by 29.55% per annum.
About the Edelweiss Recently Listed IPO Fund Direct Plan Growth
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 ₹897 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 1.2.
Edelweiss Recently Listed IPO Fund Direct Plan Growth Overview
 | 1.21% |
 Benchmark | India Recent 100 IPO TR INR |
 | ₹897 Cr |
 | 26 February, 2018 |
 | ₹100/₹100 |
 Exit Load | 2% |
 | No Lock-in |
 TurnOver | 49.47% |
Edelweiss Recently Listed IPO Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Small cap
52.3%
Mid cap
29%
Large cap
11%
Sector Allocation
Industrial
27.7%
Health
20.1%
Consumer Cyclical
16.4%
Financial Services
15.9%
Tech
12.1%
Consumer Defensive
4.7%
Basic Materials
3.2%
Top Holdings of Edelweiss Recently Listed IPO Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings53
Debt Holdings1
Edelweiss Recently Listed IPO Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -3.27% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund underperformed Nifty 500 by 2.80% in Mar'24
AUM Change
- AUM of the fund stands at 897.4 Cr as of Mar'24
- AUM decreased by 45.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Edelweiss Recently Listed IPO Fund Direct Plan Growth portfolio Returns for the month of Mar
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
Edelweiss Recently Listed IPO Fund Direct Plan Growth 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 15.7% since inception which is less than its category average return of 22.12%
Fund Allocations
This fund has an allocation of 99.28% in Equity, 0% in Debt and 0.72% in Cash related instruments
AUM size ₹897 Cr
This fund has AUM of ₹897 Cr which is less than its category average of ₹ 1773 Cr
Expense Ratio 1.21%
This fund has an expense ratio of 1.21% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions
The current NAV of Edelweiss Recently Listed IPO Fund Direct Plan Growth is ₹24.46 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Edelweiss Recently Listed IPO Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 7.77% | 7.77% |
6 Month Returns | 10.13% | 10.13% |
1 Year Returns | 45.5% | 45.5% |
3 Years Returns | 59.77% | 16.9% |
5 Years Returns | 173.34% | 22.28% |
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- Click Buy on the fund name.
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1.21% as on March 2024
₹897 Cr as on March 2024
Global Health Ltd(4.86%), Mankind Pharma Ltd(4.29%), KFin Technologies Ltd(4.16%), Concord Biotech Ltd(3.64%), JSW Infrastructure Ltd(3.55%) as on March 2024
Industrial(27.45%), Health(19.91%), Consumer Cyclical(16.29%) as on March 2024
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 March 2024
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 March 2024
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 | 2.59 | 0.67 | 0.87 |
As on March 2024
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 | 13.22 | 16.63 | 19.3 |
As on March 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.
Sortino ratio is 1.04 as on March 2024. 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%