Edelweiss
Gold and Silver
ETF Fund of Fund
An open ended fund of funds scheme investing in units of Gold ETF and Silver ETF
Data as on 31st August, 2024
| Investment Objective : The investment objective of the scheme is to generate returns by investing in units of Gold ETFs and Silver ETFs. However, the performance of the scheme may differ from that of the underlying gold and silver due to tracking error of the underlying exchange traded funds. |
|
| Inception Date | 14-Sep-22 |
| Benchmark | Domestic Gold and Silver Prices |
| Fund Managers Details | Mr. Bhavesh Jain Experience 16 years Managing 14-Sep-22 Mr. Bharat Lahoti Experience 18 years Managing 14-Sep-22 |
| Minimum Investment Amount | Rs.100/- and in multiples of Re. 1/-thereafter. |
| Additional investment amount | Minimum of Rs.100/- and multiples of Re. 1/- thereafter. |
| Exit Load |
|
| Total Expense Ratios~: | Regular Plan 0.72% Direct Plan 0.30% |
| Month End AUM |
Rs. 113.96 Crore
|
| Monthly Average AUM |
Rs. 107.55 Crore
|
|
Regular Plan Growth Option
|
14.2200
|
|
Regular Plan IDCW Option
|
14.2200
|
|
Direct Plan Growth Option
|
14.3330
|
|
Direct Plan IDCW Option
|
14.3340
|
| (as on August 30, 2024) |
|
Name of Instrument
|
% to Net Assets
|
| Derivatives | 99.88% |
| EDELWEISS SILVER ETF | 49.98% |
| EDELWEISS GOLD ETF | 49.90% |
| Cash & Other Receivables | 0.12% |
| TREPS_RED_02.09.2024 | 0.46% |
| Cash & Cash Equivalent | -0.34% |
| Grand Total | 100.00% |
|
Period
|
Scheme - Regular Plan |
Benchmark |
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 |
15.63% |
11,563 |
17.31% |
11,731 |
32.64% |
13,264 |
|
Since Inception - Regular Plan |
19.66% |
14,220 |
21.64% |
14,686 |
20.13% |
14,330 |
Past performance may or may not be sustained in future and should not be used as a basis for
comparison with other investments.
Notes:
1.The scheme is currently managed by Bhavesh Jain (managing this fund from Sep 14, 2022 ) and Bharat Lahoti (managing this fund from
Sep 14, 2022). Please Click here for name of the other schemes
currently managed by the Fund Managers and relevant scheme for performance.
2. For SEBI prescribed standard format for disclosure of Portfolio YTM for Debt Schemes please refer page
This Product is suitable for investors who are seeking*:
- Long term capital appreciation
- To invest in an open - ended fund of funds scheme investing in units of Gold ETFs and Silver ETFs
*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: Domestic Gold and Silver Prices
Investors understand that their principal will be at Very High Risk