Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 21-02-2025
₹ 15.95
▲1.4%
1D
Inception Returns
24.1%
/yr
About Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is an equity fund. This fund was started on 30 November, 2022. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth has ₹781 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth has given a CAGR return of 24.14% since inception. Over the last 1 year the fund has given a CAGR return of 2.92%.
Holdings
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Tech, Financial Services, Health, Industrial, Consumer Cyclical, Energy, Basic Materials, Real Estate, Communication, Utilities. Its top holdings are BSE Ltd, Persistent Systems Ltd, Indian Hotels Co Ltd, Coforge Ltd, Max Healthcare Institute Ltd Ordinary Shares
Taxation
As it is a index funds mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitDividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.
Investment objective of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
▲
▼
26303 people have invested ₹ 6.2Cr in Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth in the last three months
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth Overview
| Expense ratio | 0.46% |
Benchmark | Nifty Midcap 150 Momentum 50 |
| AUM | ₹781 Cr |
| Inception Date | 30 November, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.5% |
| Lock In | No Lock-in |
TurnOver | 145.78% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Fund Distribution
as on (31-Jan-25)
Mid cap
90.7%
Large cap
9.7%
Sector Allocation
Tech
22.2%
Financial Services
18.5%
Health
17.5%
Industrial
13.5%
Consumer Cyclical
11.5%
Energy
4.6%
Basic Materials
4.6%
Real Estate
4.2%
Communication
2.2%
Utilities
1.1%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 811.2 Cr as of Jan'25
- AUM increased by 44.6 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Persistent Systems Ltd's allocation increased from 3.02% to 5.26%
BSE Ltd's allocation increased from 4.83% to 5.44%
Rail Vikas Nigam Ltd's allocation increased from 1.44% to 1.84%
Top Stocks sold last month
Indian Hotels Co Ltd's allocation decreased from 4.98 % to 4.91 %
Coforge Ltd's allocation decreased from 5.02 % to 4.86 %
PB Fintech Ltd's allocation decreased from 5.11 % to 4.73 %
Mid Cap allocation has gone up from 86.4% to 90.7%
Large Cap allocation has gone down from 13.4% to 9.7%
Cash allocation has gone down from -0.1% to -0.4%
Top 3 Sectors in January were Tech, Financial Services & Health
Jan'25
Tech
22%
Financial Services
18%
Health
17%
Dec'24
Tech
23%
Financial Services
18%
Health
17%
See all
Top Losers | 1M Return |
|---|---|
 Voltas Ltd | -17% |
PB Fintech Ltd | -13.6% |
 Kalyan Jewellers India Ltd | -9% |
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Bharat Lahoti
Fund Manager of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth, since 30 November 2022
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth, since 30 November 2022
Top funds managed
Fund House
Edelweiss Asset Management Limited
Total Schemes
Total AUM
₹1.07L Cr
as on 31-Jan-2025
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 24.14% since inception which is more than its category average return of 7.65%
Fund Allocations
This fund has an allocation of 100.4% in Equity, 0% in Debt and -0.4% in Cash related instruments
AUM size ₹781 Cr
This fund has AUM of ₹781 Cr which is less than its category average of ₹ 784 Cr
Expense Ratio 0.46%
This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 0.54%
Frequently Asked Questions for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
The current NAV of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is ₹15.95 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -9.01% | -9.01% |
6 Month Returns | -15.89% | -15.89% |
1 Year Returns | 2.92% | 2.92% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.46% as on January 2025
₹781 Cr as on January 2025
BSE Ltd(5.44%), Persistent Systems Ltd(5.26%), Indian Hotels Co Ltd(4.91%), Coforge Ltd(4.86%), Max Healthcare Institute Ltd Ordinary Shares(4.82%) as on January 2025
Tech(22.29%), Financial Services(18.57%), Health(17.55%) as on January 2025
The alpha ratio for the Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth | -0.18 | - | - |
As on January 2025
The alpha for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is calculated against Nifty Midcap 150 Momentum 50. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth | 1 | - | - |
As on January 2025
The Beta for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Momentum 50. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth | 0.18 | - | - |
As on January 2025
The sharpe ratio for Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is calculated with Nifty Midcap 150 Momentum 50. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth | 17.72 | - | - |
As on January 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
The Exit load of Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth is 0.5%