Edelweiss Nifty Midcap 150 Momentum 50 Index Fund
An Open-ended Equity Scheme replicating Nifty Midcap 150 Momentum 50 Index
Data as on 31st August, 2024
| Investment Objective : The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap 150 Momentum 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. |
|
| Inception Date | 30-Nov-2022 |
| Benchmark | Nifty Midcap150 Momentum 50 TRI |
| Fund Managers Details | Mr. Bhavesh Jain Experience 16 years Managing Since 30-Nov-2022 Mr. Bharat Lahoti Experience 18 years Managing Since 30-Nov-2022 |
| Additional investment amount | Minimum of Rs. 100/- and multiples of Re. 1/- thereafter. |
| Minimum Investment Amount | Minimum of Rs. 100/- and multiples of Re. 1/-thereafter. |
| Exit Load |
|
| Total Expense Ratios~: | Regular 1.10% Direct 0.40% |
| Month End AUM |
Rs. 636.66 Crore
|
| Monthly Average AUM |
Rs. 586.47 Crore
|
Regular Plan - Growth |
19.4338 |
Regular Plan - IDCW |
19.4339 |
|
Direct Plan - Growth
|
19.6848
|
|
Direct Plan - IDCW
|
19.6880
|
| (as on August 30, 2024) |
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| Equities | 100.15% | |
| DIXON TECHNOLOGIES (INDIA) LTD | Consumer Durables | 4.80% |
| CUMMINS INDIA LTD | Capital Goods | 4.39% |
| OIL INDIA LTD | Oil, Gas & Consumable Fuels | 4.17% |
| BHARAT HEAVY ELECTRICALS LTD | Capital Goods | 3.84% |
| LUPIN LTD | Healthcare | 3.62% |
| BSE LTD | Financial Services | 3.47% |
| PB FINTECH LIMITED | Financial Services | 3.38% |
| INDUS TOWERS LTD | Telecommunication | 3.32% |
| RAIL VIKAS NIGAM LIMITED | Construction | 3.22% |
| VOLTAS LTD | Consumer Durables | 3.00% |
| HDFC ASSET MANAGEMENT COMPANY LIMITED | Financial Services | 2.68% |
| MACROTECH DEVELOPERS LTD | Realty | 2.55% |
| BHARAT FORGE LTD | Automobile & Auto Components | 2.52% |
| NHPC LTD | Power | 2.51% |
| HINDUSTAN PETROLEUM CORPORATION LTD | Oil, Gas & Consumable Fuels | 2.38% |
| TORRENT POWER LTD | Power | 2.35% |
| JSW ENERGY LTD | Power | 2.29% |
| PRESTIGE ESTATES PROJECT | Realty | 2.20% |
| CG POWER AND INDUSTRIAL SOLUTIONS LTD | Capital Goods | 2.18% |
| GODREJ PROPERTIES LTD | Realty | 2.14% |
| JINDAL STAINLESS LIMITED. | Metals & Mining | 2.05% |
| AUROBINDO PHARMA LTD | Healthcare | 1.97% |
| ORACLE FINANCIAL SERVICES SOFTWARE LTD | Information Technology | 1.95% |
| THE PHOENIX MILLS LTD | Realty | 1.91% |
| SOLAR INDUSTRIES INDIA LTD | Chemicals | 1.90% |
| NMDC LTD | Metals & Mining | 1.83% |
| THERMAX LTD | Capital Goods | 1.81% |
| SUNDARAM FINANCE LTD | Financial Services | 1.66% |
| UNION BANK OF INDIA | Financial Services | 1.55% |
| FORTIS HEALTHCARE LTD | Healthcare | 1.48% |
| KALYAN JEWELLERS INDIA LTD. | Consumer Durables | 1.48% |
| KEI INDUSTRIES LTD | Capital Goods | 1.46% |
| POLYCAB INDIA LIMITED | Capital Goods | 1.44% |
| BHARAT DYNAMICS LIMITED | Capital Goods | 1.44% |
| SUPREME INDUSTRIES LTD | Capital Goods | 1.31% |
| GMR AIRPORTS INFRASTRUCTURE LTD | Services | 1.28% |
| HINDUSTAN ZINC LTD | Metals & Mining | 1.28% |
| STEEL AUTHORITY OF INDIA LTD | Metals & Mining | 1.23% |
| OBEROI REALTY LTD | Realty | 1.20% |
| INDIAN BANK | Financial Services | 1.18% |
| MAZAGON DOCK SHIPBUILDERS LTD. | Capital Goods | 1.08% |
| LINDE INDIA LIMITED | Chemicals | 0.96% |
| MRF LTD | Automobile & Auto Components | 0.92% |
| UNO MINDA LTD | Automobile & Auto Components | 0.91% |
| GLAXOSMITHKLINE PHARMACEUTICALS LTD | Healthcare | 0.86% |
| SJVN LTD | Power | 0.68% |
| AJANTA PHARMA LTD | Healthcare | 0.66% |
| ESCORTS KUBOTA LIMITED | Capital Goods | 0.66% |
| IPCA LABORATORIES LTD | Healthcare | 0.60% |
| BANK OF MAHARASHTRA | Financial Services | 0.39% |
| Cash & Other Receivables | -0.15% | |
| TREPS_RED_02.09.2024 | 0.45% | |
| Cash & Cash Equivalent | -0.60% | |
| Grand Total | 100.00% |
|
Period
|
Scheme - Edelweiss Nifty Midcap
150 Momentum 50 Index Fund |
Benchmark (Nifty Midcap150 Momentum 50 TR Index) |
Additional Benchmark (Nifty 50 TR Index) |
|||
|
Returns |
Value of Rs. 10000 Invested |
Returns |
Value of Rs. 10000 Invested |
Returns |
Value of Rs. 10000 Invested |
|
|
1 Year |
64.01% |
16,401 |
66.13% |
16,613 |
32.64% |
13,264 |
|
Since Inception - Regular Plan |
46.16% |
19,434 |
47.92% |
19,845 |
19.87% |
13,734 |
Past performance may or may not be sustained in future and
should not be used as a basis for comparison with other investments.
Notes:
2. The scheme is currently managed by Bhavesh Jain (managing this fund from November 30, 2022) and Bharat Lahoti (managing this fund
from November 30, 2022 ).
Please Click here
for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
|
Total stocks
in portfolio
|
50
|
| Top 10 stocks | 37.20% |
| Portfolio Turnover Ratio^ |
1.33
|
|
Tracking Error (Regular)
|
0.54%
|
| Tracking error is annualised and is calculated based on data since inception. | |
Disclaimer of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'.
This Product is suitable for investors who are seeking*:
- Long term capital appreciation
- Passive Investment in equity and equity related securities replicating the composition of Nifty MidCap 150 Momentum 50 Index, subject to tracking errors
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at Very High Risk
Benchmark Riskometer: Nifty MidCap 150 Momentum 50 Index
Investors understand that their principal will be at Very High Risk