Overview
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
Edelweiss Mutual Fund
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors.
Investments in Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 16.9562
Fund Size (AUM)
₹802.48 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
30-Nov-2022
Expense Ratio
0.45%
Exit Load
Exit load of 0.50%, if redeemed within 30 days.
Benchmark
NIFTY Midcap 150 Momentum 50 Total Return Index
Standard Deviation
N/A
History
Performance & Ratios
1-Year SIP Return
-30.57%
3-Year SIP Return
N/A
5-Year SIP Return
N/A
Mean Return
N/A
Alpha
-
Beta
-
Sharpe Ratio
-
Sortino Ratio
-
Information Ratio
-
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 6.71% | N/A | N/A | N/A |
| Category Average | 9.96% | 18.68% | 30.26% | N/A |
| Rank Within Category | 37 | N/A | N/A | N/A |
Holdings (50)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| BSE Ltd. | Services | Equity | 5.75% |
| The Indian Hotels Company Ltd. | Services | Equity | 5.18% |
| Max Healthcare Institute Ltd. | Healthcare | Equity | 5.11% |
| Persistent Systems Ltd. | Technology | Equity | 4.92% |
| Coforge Ltd. | Technology | Equity | 4.88% |
| PB Fintech Ltd. | Services | Equity | 4.46% |
| Lupin Ltd. | Healthcare | Equity | 4.31% |
| Dixon Technologies (India) Ltd. | Capital Goods | Equity | 4.17% |
| The Federal Bank Ltd. | Financial | Equity | 3.59% |
| Fortis Healthcare Ltd. | Healthcare | Equity | 3.46% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Motilal Oswal Midcap Fund Direct Growth | 26028.34 | 15.32 | 27.2 | 0.63 | N/A |
| HDFC Mid Cap Opportunities Fund Direct Growth | 72610.08 | 12.09 | 24.42 | 0.89 | N/A |
| Nippon India Growth Fund Direct Growth | 33174.74 | 16.36 | 24.03 | 0.74 | N/A |
| Kotak Emerging Equity Fund Direct Growth | 48128.71 | 14.62 | 19.26 | 0.46 | N/A |
| SBI Magnum Mid Cap Direct Plan Growth | 20890.26 | 10.35 | 17.97 | 0.83 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
Edelweiss Mutual Fund
Edelweiss Mutual Fund started their mutual fund on 30/04/2008 and its managing total assets of Rs. 9,570 Cr. Its ranked at 26 as per total assets at end of 30th Sep 2017. Edelweiss Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Edelweiss Mutual Fund is a fiduciary business of Edelweiss Group. The main aim of Edelweiss Mutual Fund is to provide excellent investment services to all its investors and they believe in setting high moral ethics for the business. They also want to set up a disciplined approach of investing for all its customers.
The asset management company follows a process oriented approach, which ultimately helps investors reach their financial goal. What works in the AMC's favor is their asset management team which is highly experienced and follows a research based methodology, when it comes to investing.
The fund house offers a bouquet of mutual funds ranging across various categories like equity, debt and hybrid and invests in various market capitalization. This approach caters to the needs of all its customers with different investment styles.
Launch Date
2008-04-30T00:00:00.387Z
Total AUM
₹ 144274.95 Cr
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
Compare with Another Fund
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
Edelweiss Mutual Fund
You May Be Interested In
Quant Momentum Fund Direct Growth
Thematic
DSP Nifty Smallcap250 Quality 50 Index Fund Direct Growth
Small Cap
Tata Nifty500 Multicap India Manufacturing 50:30:20 Index Fund Direct Growth
Thematic
UTI Nifty 500 Value 50 Index Fund Direct Growth
Value Oriented
HDFC Technology Fund Direct Growth
Sectoral
Taurus Ethical Fund Direct Growth
Thematic
Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Direct Growth
Multi Cap
Motilal Oswal Manufacturing Fund Direct Growth
Thematic
Motilal Oswal Business Cycle Fund Direct Growth
Thematic
Franklin India Multi Cap Fund Direct Growth
Multi Cap
Explore More Mutual Funds
Hybrid Mutual Funds - Top Hybrid Funds
Find top hybrid mutual funds for balanced growth. Filter by NAV, fund size, and risk to choose the best hybrid funds.
Commodities Mutual Funds
Explore commodities mutual funds for diversification. Filter by NAV and fund size to find the best commodity funds.
ELSS Mutual Funds - Top Tax-Saving Funds
Discover top ELSS mutual funds for tax savings and growth. Filter by NAV, fund size, and AMC to find the best ELSS funds.
Large Cap Equity Funds
Find top large cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Small Cap Equity Funds
Find top small cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Multi Cap Equity Funds
Find top multi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Flexi Cap Equity Funds
Find top flexi cap equity funds. Filter by AMC, NAV, and fund size to choose the best funds.
Liquid Debt Funds
Find top liquid debt funds. Filter by AMC, NAV, and fund size to choose the best funds.
Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth?
The top stocks held by Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth include BSE Ltd., The Indian Hotels Company Ltd., Max Healthcare Institute Ltd..
Which industries does Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth invest in?
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth primarily invests in the following industries: Services, Healthcare, Technology.
Who are the fund managers of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth?
The fund managers of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth are Bhavesh Jain and Bharat Lahoti.
How many years has the fund manager been managing Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth?
Bhavesh Jain:
Calculating...
Bharat Lahoti:
Calculating...
What is the minimum investment for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth?
The minimum investment for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth?
Calculating...
What are the average 3-year returns for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth?
Calculating...
What is the expense ratio of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth, and how does it compare to its category?
The expense ratio of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is 0.45%. The average expense ratio for similar funds in the Equity is Calculating....