Edelweiss Nifty Bank ETF
EquitySector - Financial ServicesVery High Risk
NAV (17-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹11 Cr
Expense Ratio
0.07%
ISIN
INF754K01TE4
Minimum SIP
₹5,000
Exit Load
-
Inception Date
10 Sep 2024
About this fund
As of 17-Dec-24, it has a Net Asset Value (NAV) of ₹52.79, Assets Under Management (AUM) of 11.03 Crores, and an expense ratio of 0.07%.
- Edelweiss Nifty Bank ETF has given a CAGR return of 5.58% since inception.
- The fund's asset allocation comprises around 99.86% in equities, 0.00% in debts, and 0.14% in cash & cash equivalents.
- You can start investing in Edelweiss Nifty Bank ETF with a SIP of ₹5000 or a Lumpsum investment of ₹5000.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
Since Inception
+5.58%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Equity | ₹11.02 Cr | 99.86% |
| Others | ₹0.02 Cr | 0.14% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| HDFC Bank Ltd | Equity | ₹3.13 Cr | 28.68% |
| ICICI Bank Ltd | Equity | ₹2.69 Cr | 24.63% |
| State Bank of India | Equity | ₹1.1 Cr | 10.11% |
| Axis Bank Ltd | Equity | ₹0.97 Cr | 8.90% |
| Kotak Mahindra Bank Ltd | Equity | ₹0.97 Cr | 8.90% |
| IndusInd Bank Ltd | Equity | ₹0.46 Cr | 4.22% |
| The Federal Bank Ltd | Equity | ₹0.33 Cr | 3.02% |
| Bank of Baroda | Equity | ₹0.31 Cr | 2.83% |
| IDFC First Bank Ltd | Equity | ₹0.29 Cr | 2.63% |
| Canara Bank | Equity | ₹0.23 Cr | 2.09% |
| AU Small Finance Bank Ltd | Equity | ₹0.23 Cr | 2.08% |
| Punjab National Bank | Equity | ₹0.19 Cr | 1.76% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹0.04 Cr | 0.37% |
| Net Receivables/(Payables) | Cash - Repurchase Agreement | ₹-0.02 Cr | 0.22% |
| Accrued Interest | Cash - Collateral | ₹0 Cr | 0.00% |
Allocation By Market Cap (Equity)
Large Cap Stocks
92.28%
Mid Cap Stocks
7.57%
Small Cap Stocks
--
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹10.9 Cr | 99.85% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
15.64%
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
0.67
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.27
Higher the better
Fund Managers
Bhavesh Jain
Since September 2024
Additional Scheme Detailsas of 30th November 2024
ISIN INF754K01TE4 | Expense Ratio 0.07% | Exit Load - | Fund Size ₹11 Cr | Age 3 months | Lumpsum Minimum ₹5,000 | Fund Status Open Ended Investment Company | Benchmark Nifty Bank TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Sector - Financial Services Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Tata Nifty Private Bank ETF Very High Risk | 0.1% | - | ₹10.97 Cr | 3.3% |
| Aditya Birla Sun Life Nifty Financial Services ETF Very High Risk | - | - | - | - |
| Nippon India ETF Nifty PSU Bank BeES Very High Risk | 0.5% | - | ₹2724.85 Cr | 20.5% |
| Kotak Nifty PSU Bank ETF Very High Risk | 0.5% | - | ₹1434.25 Cr | 20.5% |
| HDFC Nifty Bank ETF Very High Risk | 0.2% | - | ₹2818.24 Cr | 13.8% |
| ICICI Prudential Nifty Private Banks ETF Very High Risk | 0.1% | - | ₹1911.12 Cr | 14.1% |
| Axis NIFTY Bank ETF Very High Risk | 0.2% | - | ₹240.82 Cr | 10.5% |
| ICICI Prudential Banking and Financial Services Regular Growth Very High Risk | 1.8% | 1.0% | ₹9025.72 Cr | 14.6% |
| UTI Banking and Financial Services Fund Regular Growth Very High Risk | 2.2% | 1.0% | ₹1170.31 Cr | 14.3% |
| Nippon India Banking & Financial Services Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹6307.03 Cr | 13.4% |
Risk Level
Your principal amount will be at Very High Risk
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What is the current NAV of Edelweiss Nifty Bank ETF?
What is the portfolio composition of Edelweiss Nifty Bank ETF?
Who manages the Edelweiss Nifty Bank ETF?
- Bhavesh Jain
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