Edelweiss Nifty Next 50 Index Fund-Reg(G)
- Equity
- Index Funds
- Very High Risk
Fund Overview
- Assets Under Management (AUM)
- ₹270.94 Cr
- Expense Ratio
- 0.65%
- Riskometer
- Very High
- Category
- Index Funds
- Asset Type
- Equity
- Benchmark
- NIFTY 50 - TRI
- SIP
- Available
- Switch
- Available
- Inception Date
- 9 Nov 2022
- ISIN
- INF754K01QH3
- Scheme Code
- NXRG
- Fund Scheme ID
- 34716
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Performance & Returns
Calculate SIP ReturnsReturns by period
| Period | Trailing Return | Absolute Return | Annualised Return | CAGR |
|---|---|---|---|---|
| 1 Month | -1.74% | -1.74% | -20.44% | -9.43% |
| 3 Months | 4.31% | 4.31% | 17.11% | 17.97% |
| 6 Months | 9.30% | 9.30% | 18.44% | 13.25% |
| 1 Year | 8.51% | 8.51% | 8.51% | 8.82% |
| 3 Years | 16.99% | 60.17% | 20.04% | 17.35% |
| Since Inception | 14.39% | 65.86% | 17.50% | 14.44% |
Past performance is not indicative of future returns.
Portfolio
Asset Allocation
100.00%
- Domestic Equities99.88%
- Cash & Cash Equivalents and Net Assets0.12%
Top Sectors
- Automobile & Ancillaries14.35%
- Finance14.15%
- Power12.42%
- Capital Goods9.96%
- FMCG6.95%
- Bank6.47%
- Healthcare6.27%
- Crude Oil4.48%
Holdings
Overview of fund allocations across sectors and securities
Automobile & Ancillaries
Value
₹38.88 Cr
Weightage
14.35%
Finance
Value
₹38.34 Cr
Weightage
14.15%
Power
Value
₹33.65 Cr
Weightage
12.42%
Capital Goods
Value
₹26.99 Cr
Weightage
9.96%
FMCG
Value
₹18.83 Cr
Weightage
6.95%
Bank
Value
₹17.53 Cr
Weightage
6.47%
Healthcare
Value
₹16.99 Cr
Weightage
6.27%
Crude Oil
Value
₹12.14 Cr
Weightage
4.48%
Non - Ferrous Metals
Value
₹11.54 Cr
Weightage
4.26%
Chemicals
Value
₹9.73 Cr
Weightage
3.59%
Realty
Value
₹6.91 Cr
Weightage
2.55%
Construction Materials
Value
₹6.58 Cr
Weightage
2.43%
Retailing
Value
₹6.42 Cr
Weightage
2.37%
Hospitality
Value
₹6.18 Cr
Weightage
2.28%
Iron & Steel
Value
₹4.82 Cr
Weightage
1.78%
Gas Transmission
Value
₹4.77 Cr
Weightage
1.76%
IT
Value
₹4.06 Cr
Weightage
1.50%
Alcohol
Value
₹4.04 Cr
Weightage
1.49%
Ship Building
Value
₹2.00 Cr
Weightage
0.74%
About
Fund Manager(s)
Mr. Bhavesh Jain
Launch Date
9 Nov 2022
Benchmark
NIFTY 50 - TRI
Objective
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.
RISKOMETER
The riskometer indicates the level of risk associated with the fund based on historical data and portfolio composition.
Exit Load, Stamp Duty and Tax Implication
- Exit load
- Nil
- Stamp duty on investment: 0.005% (from July 1st, 2020)
- from July 1st 2020
- Tax implication
- --
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