FAQ : Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan

Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

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

The Current NAV of Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan is ₹10.34.

It is better to invest in a fund with a longer track record as Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan cannot be assessed for consistency of out-performance. However, funds returns unlikely to be different than its benchmark NIFTY 500, as the Funds portfolio is similar to its benchmark.

Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan fund’s expense ratio is 0.40%

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 Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan is currently ₹132 Crores.

The Top three stocks are Bajaj Auto, REC and Coal India and account for 15% of its portfolio. Top 5 and 10 stocks of fund account for 25% and 48% of fund’s portfolio respectively.

Top three sectors of Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan fund are Others, Capital Goods and BFSI accounting for 143% of the total portfolio.

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 Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan Fund is Index Funds - Other.

Bharat Lahoti and Bhavesh Jain manage the Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan Fund.

Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan current PE ratio is 44.03 and PB ratio is 11.71

The asset allocation of Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan is Stocks : 98.66%, Debt : 1.36% and Gold : 0%

The minimum SIP amount for Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan is ₹100.00 and minimum lumpsum is ₹100.00

The exit load for Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund - Growth - Direct Plan is 0.10% on or before 30 days, Nil after 30 days

© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt. Ltd.