May 15, 2025
RA Jainee
Edelweiss Nifty Bank ETF details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by sahifund.com
NAV Growth: Rs 54.7325
Suitable For Which Investors?
This is a fund that invests mainly in shares of banks and financial services companies.
We believe that investors should avoid funds that have a narrowly defined investment mandate 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 correspond to the total returns of the Nifty Bank Total Return Index, subject to tracking error.
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.
Investment Details
| Min. Investment (Rs) | 5,000 |
| Min. Addl Investment (Rs) | 5,000 |
| Min. SIP Investment (Rs) | — |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | — |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details of Edelweiss Nifty Bank ETF
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 10-Sep-24 |
| Return Since Launch | 7.35% |
| Benchmark | NIFTY Bank TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 7 Cr |
| (As on 30-Apr-2025) | |
| Expense | 0.05% |
| (As on 30-Apr-2025) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | — |
Trailing Returns (%) of Edelweiss Nifty Bank Exchange Traded Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss Nifty Bank ETF | 7.72 | -0.25 | 7.44 | 11.58 | 9.16 | — | — | — | — | — |
| BSE Bankex TRI | 8.02 | -0.34 | 6.80 | 11.73 | 8.90 | — | — | — | — | — |
| Equity: Sectoral-Banking | 7.00 | 0.10 | 7.41 | 12.12 | 8.34 | — | — | — | — | — |
| Rank within category | 21 | 43 | 21 | 29 | 21 | — | — | — | — | — |
| Number of funds in category | 59 | 64 | 64 | 60 | 58 | 50 | 31 | 21 | 16 | 15 |
Peer Comparison of Edelweiss Nifty Bank Exchange Traded 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 Bank ETF | Unrated | — | — | — | 0.05 | 7 | 7.35 | — | 8M | — |
| Nippon India ETF Nifty Bank BeES | Unrated | 14.82 | 18.87 | 23.95 | 0.19 | 7,629 | 16.43 | — | 20Y 11M | 45.00 |
| Kotak Nifty Bank ETF | Unrated | 14.85 | 18.83 | 23.88 | 0.15 | 5,499 | 11.27 | — | 10Y 5M | 40.59 |
| SBI Nifty Bank ETF | Unrated | 14.87 | 18.88 | 23.97 | 0.20 | 4,372 | 11.75 | — | 10Y 1M | 35.00 |
| UTI Nifty Bank ETF | Unrated | 14.96 | 19.00 | — | 0.16 | 3,924 | 20.32 | — | 4Y 8M | 35.00 |
Portfolio Analysis of Edelweiss Nifty Bank Exchange Traded Fund
| No. of Stocks | 12 |
| Top 10 Stocks | 94.81% |
| Top 5 Stocks | 77.62% |
| Top 3 Sectors | 99.88% |
| Portfolio P/B Ratio | 2.03 |
| Portfolio P/E Ratio | 14.35 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 5,16,984 | 3,56,604 |
| Giant (%) | 77.71 | 66.15 |
| Large (%) | 8.56 | 19.23 |
| Mid (%) | 13.73 | 15.51 |
| Small (%) | — | 4.97 |
| Tiny (%) | — | — |
Chanakya’s Mutual Fund Guidance For Edelweiss Nifty Bank Exchange Traded Fund
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Disclaimer: Mutual fund investments are subject to market risks. Read all scheme related documents carefully
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