FAQ : Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan

Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 52.99 N/A N/A N/A
Average Rolling Returns(%) 65.44 N/A N/A N/A

The Current NAV of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan is ₹19.48.

It is better to invest in a fund with a longer track record as Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. Funds returns are more likely to be different than its benchmark NIFTY 500 returns, as Funds portfolio is significantly different.

Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.46%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan is currently ₹709 Crores.

The Top three stocks are BSE, Dixon Technologies and Cummins India and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 23% and 37% of fund’s portfolio respectively.

Top three sectors of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan fund are Construction & Infrastructure, BFSI and Capital Goods accounting for 48% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Index Funds - Other it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Other.

Bhavesh Jain and Bharat Lahoti manage the Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan Fund.

Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan current PE ratio is 54.45 and PB ratio is 10.58

The asset allocation of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan is Stocks : 100.03%, Debt : -0.03% and Gold : 0%

The minimum SIP amount for Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Growth - Direct Plan is 0.50% on or before 30 days, Nil after 30 days

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