Edelweiss Gold and Silver ETF FoF Direct - IDCW
(Scheme Rating)
NAV as of Jan 13, 2025
15.390.33%
(Earn upto 0.45% Extra Returns with Direct Plan)
Fund Category:
Commodities: Gold
Expense Ratio:
0.05%(0.18% Category
average)Fund Size:
Rs. 194.87 Cr(1.45% of Investment in Category)
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Edelweiss Gold and Silver ETF FoF Direct - IDCW
(Scheme Rating)
NAV as of Jan 13, 2025
15.390.33%
Expense Ratio:
0.05%
Fund Size:
Rs. 194.87 Cr
Fund Category:
Commodities: Gold
Edelweiss Gold and Silver ETF FoF Direct - IDCW Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Edelweiss Gold and Silver ETF FoF - Direct Plan as of Jan 13, 2025 is Rs 15.39 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 23.91% (1yr) and 20.2% (since launch). Whereas, Category returns for the same time duration are: 23.723230309644826% (1yr), 16.749210839245805% (3yr) and 13.276382847081733% (5yr).
3. Fund Size: The Edelweiss Gold and Silver ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 187.2929 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.05% for Direct plan as on Dec 31, 2024.
5. Exit Load: Edelweiss Gold and Silver ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.10%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
1. Current NAV: The Current Net Asset Value of the Edelweiss Gold and Silver ETF FoF - Direct Plan as of Jan 13, 2025 is Rs 15.39 for IDCW option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 23.91% (1yr) and 20.2% (since launch). Whereas, Category returns for the same time duration are: 23.723230309644826% (1yr), 16.749210839245805% (3yr) and 13.276382847081733% (5yr).
3. Fund Size: The Edelweiss Gold and Silver ETF FoF - Direct Plan currently holds Assets under Management worth of Rs 187.2929 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.05% for Direct plan as on Dec 31, 2024.
5. Exit Load: Edelweiss Gold and Silver ETF FoF - Direct Plan shall attract an Exit Load, "Exit load of 0.10%, if redeemed within 15 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Edelweiss Gold and Silver ETF FoF Direct - IDCW Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 1.22 1.99 2.24 24.42 - - Category Avg 1.91 3.63 6.43 24.21 16.66 13.48 Rank within Category 19 16 16 12 - - No. of funds within Category 34 31 31 29 21 21 - Loading...
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Return Comparison
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Edelweiss Gold and Silver ETF FoF Direct - IDCW Fund Details
Investment Objective - The scheme is seeks to generate returns by investing in units of Gold ETFs and Silver ETFs
| Fund House | Edelweiss Mutual Fund |
| Launch Date | Sep 14, 2022 |
| Benchmark | Domestic Gold and Silver Prices |
| Return Since Launch | 20.29% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | High |
| Return Grade | Average |
Edelweiss Gold and Silver ETF FoF Direct - IDCW Investment Details
| Minimum Investment (Rs.) | 100.00 |
| Minimum Additional Investment (Rs.) | 100.00 |
| Minimum SIP Investment (Rs.) | 100.00 |
| Minimum Withdrawal (Rs.) | - |
| Exit Load Exit load of 0.10%, if redeemed within 15 days. | |
Portfolio Allocation
| Name | Type of Instrument | Weight (%) |
|---|---|---|
| Cash | Cash | 0.00 |
| Net Payables | Net Payables | -1.95 |
| CBLO | CBLO | 1.32 |
| MF Units | MF Units | 50.30 |
| MF Units | MF Units | 50.33 |
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Edelweiss Gold and Silver ETF FoF Direct - IDCW 15.39 194.87 1.22 24.42 - - Axis Gold Direct Plan-IDCW 25.34 706.42 2.28 24.40 16.80 13.95 SBI Gold Direct Plan-IDCW 24.35 2,583.37 2.23 24.47 16.82 13.78 Aditya Birla Sun Life Gold Fund Direct-IDCW 24.06 428.10 2.37 24.95 16.71 13.52 Invesco India Gold ETF FoF Direct-IDCW 23.39 101.61 2.24 24.44 16.47 13.80
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Risk Ratio data not available for this fund
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Fund Manager
- B.J.Bhavesh JainSince Aug 202216 schemes
- B.L.Bharat LahotiSince Aug 202210 schemes
Mr. Jain is a MMS (Finance) from Mumbai University. Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies 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.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Edelweiss Aggressive Hybrid Fund Direct-IDCW Aggressive Hybrid 32.98 2,363.37 15.93 Edelweiss Equity Savings Fund Direct-IDCW Equity Savings 19.13 561.31 12.29 Edelweiss Large Cap Fund Direct -IDCW Large Cap 37.41 1,109.74 11.27 Edelweiss Nifty 100 Quality 30 Index Fund Direct - IDCW Thematic 13.80 144.83 9.17 Edelweiss Nifty 50 Index Fund Direct - IDCW Large Cap 13.29 123.87 6.22 Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Direct-IDCW Thematic 9.13 Unrated 157.21 - Edelweiss Business Cycle Fund Direct-IDCW Thematic 8.73 Unrated 1,899.64 - Edelweiss Multi Asset Allocation Fund Direct - IDCW Multi Asset Allocation 11.25 Unrated 1,436.24 8.02 Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - IDCW Mid Cap 17.49 Unrated 811.17 15.46 Edelweiss Recently Listed IPO Fund Direct-IDCW Thematic 28.41 Unrated 1,010.77 17.21
More Edelweiss Mutual Fund
| Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Balanced Advantage Fund Direct-Growth | 12,380.59 | - | -4.17 | 1.33 | 14.70 | 12.59 | |
| Edelweiss Arbitrage Fund Direct-Growth | 12,199.21 | 0.76 | 2.04 | 3.86 | 8.36 | 7.14 | |
| Edelweiss Mid Cap Direct Plan-Growth | 8,280.35 | 1.82 | -0.75 | 8.11 | 40.85 | 27.22 | |
| Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct - Growth | 7,923.19 | 0.60 | 1.71 | 3.79 | 7.73 | 5.63 | |
| BHARAT Bond FOF - April 2030 Direct - Growth | 6,868.59 | 0.66 | 1.44 | 3.89 | 9.06 | 6.53 | |
| Edelweiss Liquid Direct-Growth | 5,902.92 | 0.60 | 1.78 | 3.61 | 7.53 | 6.51 | |
| BHARAT Bond FOF - April 2031 Direct - Growth | 4,626.78 | 0.40 | 0.83 | 4.80 | 8.92 | 6.35 | |
| BHARAT Bond ETF FOF - April 2032 Direct - Growth | 4,567.94 | 0.72 | 1.74 | 5.21 | 9.66 | 6.67 | |
| Edelweiss Small Cap Fund Direct - Growth | 4,373.58 | 0.23 | -2.04 | 5.68 | 27.21 | 23.90 | |
| BHARAT Bond FOF - April 2025 Direct - Growth | 4,242.18 | 0.66 | 1.95 | 3.89 | 7.72 | 5.61 |
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About Edelweiss Gold and Silver ETF FoF Direct - IDCW
1. Edelweiss Gold and Silver ETF FoF - Direct Plan is Open-ended Gold Commodities scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Sep 14, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme is seeks to generate returns by investing in units of Gold ETFs and Silver ETFs "
2. It is benchmarked against Domestic Gold and Silver Prices.
Tax Implications on Edelweiss Gold and Silver ETF FoF Direct - IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
1. Edelweiss Gold and Silver ETF FoF - Direct Plan is Open-ended Gold Commodities scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Sep 14, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme is seeks to generate returns by investing in units of Gold ETFs and Silver ETFs "
2. It is benchmarked against Domestic Gold and Silver Prices.
Tax Implications on Edelweiss Gold and Silver ETF FoF Direct - IDCW
1. If units are redeemed within 3 years of investment, the whole amount of gain will get added to the investor's income and will be taxed as per his/her applicable slab rate.
2. For units redeemed after 3 years of investment, gains will be taxed at a rate of 20% post indexation benefits. Indexation is a process of recalculating the purchase price after accounting for inflation into it. The benefit of indexation lies in lowering down one's capital gains which brings down the taxable income and thereby reduces taxes on it.
3. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
4. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
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FAQs about Edelweiss Gold and Silver ETF FoF Direct - IDCW
- Is it safe to invest in Edelweiss Gold and Silver ETF FoF - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Edelweiss Gold and Silver ETF FoF - Direct Plan comes under Very High risk category.
- What is the category of Edelweiss Gold and Silver ETF FoF - Direct Plan?Edelweiss Gold and Silver ETF FoF - Direct Plan belongs to the Commodities : Gold category of funds.
- How Long should I Invest in Edelweiss Gold and Silver ETF FoF - Direct Plan?The suggested investment horizon of investing into Edelweiss Gold and Silver ETF FoF - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Edelweiss Gold and Silver ETF FoF - Direct Plan?The Edelweiss Gold and Silver ETF FoF - Direct Plan is managed by Bhavesh Jain (Since Aug 24, 2022) and Bharat Lahoti (Since Aug 24, 2022).
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