March 8, 2024
mayank
Edelweiss NIFTY Large Mid Cap 250 Index Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 14.4787
NAV IDCW: Rs 14.4787
Suitable For Which Investors?
When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.
This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.
Like for all equity funds, you must invest 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 Large Midcap 250 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.
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0 |
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 03-Dec-21 |
| Return Since Launch | 17.79% |
| Benchmark | NIFTY Large Midcap 250 TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 88 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.13% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 24.00% |
Trailing Returns (%) of Edelweiss NIFTY Large Mid Cap 250 Index Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss NIFTY Large Mid Cap 250 Index Dir | 5.34 | 0.23 | 0.97 | 9.34 | 17.86 | 42.89 | — | — | — | — |
| S&P BSE Large Mid Cap TRI | 5.52 | 0.22 | 2.49 | 9.68 | 17.98 | 36.67 | — | — | — | — |
| Equity: Large & MidCap | 6.08 | 0.31 | 1.58 | 9.87 | 18.12 | 41.78 | — | — | — | — |
| Rank within category | 17 | 22 | 23 | 14 | 13 | 13 | — | — | — | — |
| Number of funds in category | 28 | 30 | 28 | 27 | 26 | 26 | 25 | 20 | 18 | 16 |
Peer Comparison of Edelweiss NIFTY Large Mid Cap 250 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 Large Mid Cap 250 Index Dir | Unrated | 42.89 | — | — | 0.13 | 88 | 17.79 | — | 2Y 3M | 24.00 |
| Mirae Asset Large & Midcap Dir | 4 star | 38.98 | 19.23 | 22.12 | 0.62 | 33,295 | 23.26 | 1.00 (365) | 11Y 2M | 59.00 |
| SBI Large & Midcap Dir | 4 star | 33.35 | 21.96 | 20.31 | 0.77 | 20,008 | 17.77 | 0.10 (30) | 11Y 2M | 15.00 |
| Kotak Equity Opportunities Dir | 4 star | 39.90 | 21.70 | 21.42 | 0.53 | 18,315 | 17.97 | 1.00 (365) | 11Y 2M | 30.56 |
| HDFC Large and Mid Cap Dir | 4 star | 48.68 | 25.47 | 22.56 | 0.83 | 16,033 | 14.46 | 1.00 (365) | 11Y 2M | 7.83 |
Portfolio Analysis of Edelweiss NIFTY Large Mid Cap 250 Index Fund
| No. of Stocks | 251 |
| Top 10 Stocks | 23.28% |
| Top 5 Stocks | 16.21% |
| Top 3 Sectors | 43.94% |
| Portfolio P/B Ratio | 4.01 |
| Portfolio P/E Ratio | 24.74 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 1,36,885 | 1,08,614 |
| Giant (%) | 41.82 | 35.43 |
| Large (%) | 26.99 | 26.73 |
| Mid (%) | 31.10 | 34.35 |
| Small (%) | 0.09 | 3.74 |
| Tiny (%) | — | 0.04 |
How to Invest in Edelweiss NIFTY Large Mid Cap 250 Index Fund?
Chanakya’s Mutual Fund Guidance For Edelweiss NIFTY Large Mid Cap 250 Index Fund
Do not invest in this, or any other large & mid-cap 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
>> Post your MF questions @ sahifund.com/ask-me/
>> NFO Guidance:
https://sahifund.com/category/nfos/
>> Chanakya’s Mutual Fund Guidance on YouTube
https://www.youtube.com/c/ChanakyaNiPothi
>> Join Chanakya MF’s Telegram Channel @
https://t.me/chanakyaMFGuidance
Quicklinks