March 11, 2024
mayank
Edelweiss Recently Listed IPO Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 24.2291
NAV IDCW: Rs 24.2291
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 capital appreciation by investing in equity and equity related securities of recently listed 100 companies or upcoming Initial Public Offers (IPOs).
Fund Manager:
1) 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.
2) 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 | 2% for redemption Within 180 days |
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 22-Feb-18 |
| Return Since Launch | 15.78% |
| Benchmark | India Recent 100 IPO TRI |
| Riskometer | Very High |
| Type | Open-ended |
| Assets | Rs 943 Cr |
| (As on 29-Feb-2024) | |
| Expense | 1.22% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 52.00% |
Trailing Returns (%) of Edelweiss Recently Listed IPO Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss Recently Listed IPO Dir | 3.83 | 0.89 | -0.02 | 3.89 | 10.05 | 43.38 | 16.28 | 22.84 | — | — |
| S&P BSE 500 TRI | 5.35 | 0.28 | 1.80 | 9.42 | 17.74 | 38.10 | 18.90 | 18.69 | — | — |
Peer Comparison of Edelweiss Recently Listed IPO 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 Recently Listed IPO Dir | Unrated | 43.38 | 16.28 | 22.84 | 1.22 | 943 | 15.78 | 2.00 (180) | 6Y | 52.00 |
| 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 |
| Axis India Manufacturing Dir | Unrated | — | — | — | 0.26 | 3,801 | 14.30 | 1.00 (360) | 2M | — |
Portfolio Analysis of Edelweiss Recently Listed IPO Fund
| No. of Stocks | 54 |
| Top 10 Stocks | 33.17% |
| Top 5 Stocks | 19.52% |
| Top 3 Sectors | 56.06% |
| Portfolio P/B Ratio | 5.28 |
| Portfolio P/E Ratio | 48.44 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 11,865 | 1,27,911 |
| Giant (%) | 2.13 | 46.80 |
| Large (%) | 3.81 | 20.30 |
| Mid (%) | 40.49 | 27.03 |
| Small (%) | 53.57 | 17.42 |
| Tiny (%) | — | 0.67 |
How to Invest in Edelweiss Recently Listed IPO Fund?
Chanakya’s Mutual Fund Guidance For Edelweiss Recently Listed IPO 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
>> 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