Business News›Mutual Funds›Edelweiss Mutual Fund › Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth
Edelweiss Nifty Midcap150 Momentum 50 Index Fund D...
Unrated
NAV as of Jan 14, 2025
17.482.05%
- Growth - Direct
(Earn upto 0.65% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
0.46%(0.60% Category
average)Fund Size:
Rs. 811.17 Cr(0.20% of Investment in Category)
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Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct ...
Unrated
NAV as of Jan 14, 2025
17.482.05%
Expense Ratio:
0.46%
Fund Size:
Rs. 811.17 Cr
Fund Category:
Equity: Mid Cap
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth Fund Key Highlights
1. Current NAV: The Current Net Asset Value of the Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan as of Jan 14, 2025 is Rs 17.48 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 21.27% (1yr) and 31.84% (since launch). Whereas, Category returns for the same time duration are: 19.762419517640815% (1yr), 18.766208883264255% (3yr) and 24.87773359188804% (5yr).
3. Fund Size: The Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 766.5945 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.46% for Direct plan as on Dec 31, 2024.
5. Exit Load: Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 30 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 Nifty Midcap150 Momentum 50 Index Fund - Direct Plan as of Jan 14, 2025 is Rs 17.48 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 21.27% (1yr) and 31.84% (since launch). Whereas, Category returns for the same time duration are: 19.762419517640815% (1yr), 18.766208883264255% (3yr) and 24.87773359188804% (5yr).
3. Fund Size: The Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan currently holds Assets under Management worth of Rs 766.5945 crore as on Sep 30, 2024.
4. Expense ratio: The expense ratio of the fund is 0.46% for Direct plan as on Dec 31, 2024.
5. Exit Load: Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan shall attract an Exit Load, "Exit load of 0.50%, if redeemed within 30 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns -13.97 -13.50 -11.36 15.46 - - Category Avg -10.60 -11.14 -7.85 13.98 16.56 23.75 Rank within Category 47 43 38 19 - - No. of funds within Category 57 55 52 49 33 26 - Loading...
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Return Comparison
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Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth Fund Details
Investment Objective - The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors.
| Fund House | Edelweiss Mutual Fund |
| Launch Date | Nov 30, 2022 |
| Benchmark | NIFTY Midcap 150 Momentum 50 Total Return Index |
| Return Since Launch | 28.87% |
| Riskometer | Very High |
| Type | Open-ended |
| Risk Grade | - |
| Return Grade | - |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth 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 0.50%, if redeemed within 30 days. | |
Portfolio Allocation
Asset Allocation
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Asset Allocation History
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EquityDebtCash
Sector Allocation
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Market Cap Allocation
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Concentration & Valuation Analysis
| DEC 2024 | NOV 2024 | OCT 2024 | SEP 2024 | AUG 2024 | JUL 2024 | |
|---|---|---|---|---|---|---|
| Number of Holdings | 50 | 50 | 50 | 50 | 50 | 50 |
| Top 5 Company Holdings | 25.01% | 23.35% | 22.58% | 21.04% | 20.78% | 19.76% |
| Top 10 Company Holdings | 45.55% | 37.92% | 37.07% | 36.08% | 37.13% | 34.81% |
| Company with Highest Exposure | PB Fintech (5.11%) | Dixon Technologies (India) (5.98%) | BSE (5.75%) | Dixon Technologies (India) (4.98%) | Dixon Technologies (India) (4.79%) | Cummins India (4.57%) |
| Number of Sectors | 14 | 13 | 13 | 13 | 13 | 13 |
| Top 3 Sector Holdings | 51.59% | 49.44% | 49.18% | 50.55% | 51.23% | 52.61% |
| Top 5 Sector Holdings | 72.99% | 68.18% | 67.95% | 67.17% | 67.84% | 68.29% |
| Sector with Highest Exposure | Services (19.48%) | Capital Goods (25.79%) | Capital Goods (24.97%) | Capital Goods (25.02%) | Capital Goods (24.69%) | Capital Goods (25.92%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Dixon Technologies (India) Capital Goods 4.98 136.17 119.52 141.61 BSE Services 4.47 89.19 61.09 130.50 Cummins India Capital Goods 4.42 41.84 70.28 40.34 Bharat Heavy Electricals Capital Goods 3.67 291.31 0.68 -1.97 Lupin Healthcare 3.5 37.42 57.58 54.14 Oil India Energy 3.24 9.02 51.58 80.96 Voltas Consumer Discretionary 3.14 97.77 16.75 50.62 PB Fintech Services 3.05 - - - Indus Towers Communication 2.82 11.90 28.59 48.11 Rail Vikas Nigam Construction 2.79 - - -
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 Nifty Midcap150 Momentum 50 Index Fund Direct - Growth 17.48 Unrated 811.17 -12.21 17.76 - - HDFC Mid-Cap Opportunities Direct Plan-Growth 196.35 77,967.21 -7.78 18.89 24.00 27.49 Motilal Oswal Midcap Fund Direct-Growth 115.70 26,421.09 -10.80 36.38 30.14 31.52 Mahindra Manulife Mid Cap Fund Direct - Growth 35.27 3,529.04 -9.32 20.78 21.15 27.63 Nippon India Growth Fund Direct- Growth 4,163.80 35,277.81 -8.99 18.01 22.00 27.44
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 Nov 202223 schemes
- B.L.Bharat LahotiSince Nov 202217 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.
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 Nifty Midcap150 Momentum 50 Index Fund Direct - Growth
1. Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Nov 30, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors. "
2. It is benchmarked against NIFTY Midcap 150 Momentum 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.9% in equities, 0.35% in debts and -0.25% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 36.08% of the assets, the top 3 sectors constitute around 49.44% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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 Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Nov 30, 2022.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors. "
2. It is benchmarked against NIFTY Midcap 150 Momentum 50 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 99.9% in equities, 0.35% in debts and -0.25% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 36.08% of the assets, the top 3 sectors constitute around 49.44% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct - Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. 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.
5. 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 Nifty Midcap150 Momentum 50 Index Fund Direct - Growth
- Is it safe to invest in Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan comes under Very High risk category.
- What is the category of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan?Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan?The suggested investment horizon of investing into Edelweiss Nifty Midcap150 Momentum 50 Index Fund - 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 Nifty Midcap150 Momentum 50 Index Fund - Direct Plan?The Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is managed by Bhavesh Jain (Since Nov 10, 2022) and Bharat Lahoti (Since Nov 10, 2022).
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