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Showing Funds Performance since Sep 07, 2020

Fund Overview

Min. investment

SIP ₹0 & Lump. ₹5000

AUM (Fund size)

₹2 Cr

Lock In Period

N/A

Expense Ratio

0.12

Benchmark

Nifty Bank Total Return

Exit Load

Nil

Summary

Latest details for Edelweiss ETF - Nifty Bank Growth include a ₹4567.1038 NAV as of Jul 12,2023 and returns since inception of 102.03%. Minimum investments start at SIP ₹0. The Edelweiss ETF - Nifty Bank Growth AUM is ₹2 Cr, with a lock-in of N/A years, expense ratio of 0.12%, and benchmark Nifty Bank Total Return. Exit load is - Nil. In the growth review for 1M Month/Year, the fund recorded 1.55% returns, against a category average of -0.05% and a category best of 21.66%.

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Growth Review

DurationFund Return(%)Category Average(%)Category Best(%)
1M1.55-0.0521.66
6M6.44-0.0063.26
1Y27.603.16150.24
3Y26.4211.27213.10

Portfolio Analysis

  • Equity: 99.88%
  • Debt: 0.12%
  • Others
As on: 2023-07-31
View allocation % by

1. HDFC Bank Ltd.28.45%
2. ICICI Bank Ltd.24.07%
3. State Bank of India9.90%
4. Kotak Mahindra Bank Ltd.9.40%
5. Axis Bank Ltd.9.36%
6. IndusInd Bank Ltd.6.76%
7. Bank of Baroda2.75%
8. AU Small Finance Bank Ltd.2.56%
9. The Federal Bank Ltd.2.10%
10. IDFC First Bank Ltd.1.98%
11. Punjab National Bank1.34%
12. Bandhan Bank Ltd.1.21%

About Fund

Edelweiss ETF - Nifty Bank Growth managed by Edelweiss Mutual Fund,is a Equity - Index Fundscheme with Assets Under Management of ₹2 Crore. The fund benchmarks its performance against the Nifty Bank Total Return while maintaining an expense ratio of 0.12. Under the expert guidance of Bhavesh Jain ,the fund implements a disciplined investment approach aligned with its mandate. The scheme requires a minimum investment of ₹500 for SIP and ₹1,000 for lump sum investments, making it accessible to diverse investor profiles.

Fund Managers

Bhavesh Jain

Mr. Bhavesh Jain has done his Masters in Management Studies (Finance) from the Mumbai University and has a total work experience of over five years in the equity market segment. Prior to being appointed as an Assistant Fund Manager - Equity, he was designated as a Dealer of all the Equity Schemes of the Fund for over two years. He was also associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.

Peer Comparison

Fund NameRatingsAUMExpense Ratio
This FundMotilal Oswal S&P 500 Index Fund Growth33935.83 CR1.15
This FundICICI Prudential Nifty PSU Bank ETF Growth0110.26 CR0.4
This FundEdelweiss ETF - Nifty Bank Growth01.73 CR0.12
This FundICICI Prudential Silver ETF Growth014511.43 CR0.4
This FundMirae Asset NYSE FANG + ETF Growth03184.86 CR0.66
Fund Name1Y3Y
This FundMotilal Oswal S&P 500 Index Fund Growth42.1593103.2946
This FundICICI Prudential Nifty PSU Bank ETF Growth29.3355103.6727
This FundEdelweiss ETF - Nifty Bank Growth18.5728108.6022
This FundICICI Prudential Silver ETF Growth149.9103205.3294
This FundMirae Asset NYSE FANG + ETF Growth44.9528213.099

FAQs

Edelweiss ETF - Nifty Bank Growth's fund is managed by experienced SEBI-registered investment fund manager , who implements the fund's strategy through research-backed decisions while adhering to its stated objectives.

The expense ratio of Edelweiss ETF - Nifty Bank Growth is 0.12. This expense ratio is calculated by dividing the fund's operating expenses by its net assets.

Edelweiss ETF - Nifty Bank Growth’s fund performance is as follows:
  • 1 Month : 1.55%
  • 6 Months : 6.44%
  • 1 Year : 27.60%
  • 3 Years : 26.42%
Returns of Edelweiss ETF - Nifty Bank Growth are updated daily based on NAV of ₹ 4567.1038 as on Jul 12,2023. Since inception, the return has been 102.03%.

You can invest in Edelweiss ETF - Nifty Bank Growth through SIP with a minimum of ₹500 monthly or make a lump sum investment of a minimum ₹1,000. Additional purchase minimums vary by scheme.

The fund size (AUM) of Edelweiss ETF - Nifty Bank Growth is ₹2 crore. It changes based on market performance, inflows, and outflows.

You can track your investment in Edelweiss ETF - Nifty Bank Growth through our website, our Choice FinX mobile app, regular statements, and email updates. Our customer support team is available for queries.
Min Inv Amount: ₹500