March 8, 2024
mayank
Edelweiss Nifty 100 Quality 30 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 13.1890
NAV IDCW: Rs 13.0045
Suitable For Which Investors?
This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.
We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.
But if you do invest, you must do so only through the SIP route.
Fund’s Investment Strategy:
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty 100 Quality 30 Index subject to tracking errors.
Fund Manager:
1) Bhavesh Jain
Education: Mr. Jain is a MMS (Finance) from Mumbai University.
Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
2) Bharat Lahoti
Education: Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
Experience: Prior to joining Edelweiss Asset Management Limited as a Fund Manager – Equity and a Key Person, he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager – Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | 500 |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 07-Oct-21 |
| Return Since Launch | 12.14% |
| Benchmark | NIFTY 100 Quality 30 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 20 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.14% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 45.00% |
Trailing Returns (%)
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss Nifty 100 Quality 30 Index Dir | 2.65 | 0.67 | 1.87 | 8.53 | 16.27 | 34.48 | — | — | — | — |
| S&P BSE 500 TRI | 5.35 | 0.28 | 1.8 | 9.42 | 17.74 | 38.1 | — | — | — | — |
Peer Comparison of Edelweiss Nifty 100 Quality 30 Index Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Edelweiss Nifty 100 Quality 30 Index Dir | Unrated | 34.48 | — | — | 0.14 | 20 | 12.14 | — | 2Y 5M | 45.00 |
| ICICI Pru Thematic Advantage (FOF) Dir | Unrated | 35.08 | 21.38 | 21.98 | 0.41 | 1,479 | 16.19 | 1.00 (365) | 11Y 2M | 4.00 |
| ICICI Pru India Opportunities Dir | Unrated | 49.18 | 31.05 | 25.09 | 0.56 | 16,096 | 25.10 | 1.00 (365) | 5Y 1M | 66.00 |
| ICICI Pru Business Cycle Dir | Unrated | 50.68 | 25.47 | — | 0.80 | 7,951 | 27.64 | 1.00 (30) | 3Y 1M | 46.00 |
| ICICI Pru Innovation Dir | Unrated | — | — | — | 0.66 | 3,937 | 50.20 | 1.00 (365) | 10M | 75.00 |
Portfolio Analysis of Edelweiss Nifty 100 Quality 30 Index Fund
| No. of Stocks | 30 |
| Top 10 Stocks | 48.30% |
| Top 5 Stocks | 26.04% |
| Top 3 Sectors | 68.01% |
| Portfolio P/B Ratio | 6.40 |
| Portfolio P/E Ratio | 28.50 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,30,547 | 1,26,195 |
| Giant (%) | 63.37 | 43.40 |
| Large (%) | 35.44 | 24.21 |
| Mid (%) | 1.19 | 26.04 |
| Small (%) | — | 12.74 |
| Tiny (%) | — | 0.76 |
How to Invest in Edelweiss Nifty 100 Quality 30 Index Fund?
Chanakya’s Mutual Fund Guidance For Edelweiss Nifty 100 Quality 30 Index Fund
Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.
Apply Online: https://invest.edelweissmf.com/home?distributoruuid=b9111455-759f-4eb8-bc2a-13927f656230
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Quicklinks
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