Edelweiss Nifty Smallcap 250 Index Fund Direct Growth
Equity
Direct
Index Funds
NAV as on 23-12-2024
₹ 18.29
1D
Inception Returns
34.4%
/yr
About Edelweiss Nifty Smallcap 250 Index Fund Direct Growth
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth is an equity fund. This fund was started on 30 November, 2022. The fund is managed by Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Nifty Smallcap 250 Index Fund Direct Growth has ₹96 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth has given a CAGR return of 34.40% since inception. Over the last 1 year the fund has given a CAGR return of 32.24%.
Holdings
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Financial Services, Basic Materials, Health, Consumer Cyclical, Tech, Consumer Defensive, Communication, Real Estate, Utilities, Energy. Its top holdings are Multi Commodity Exchange of India Ltd, Central Depository Services (India) Ltd, Glenmark Pharmaceuticals Ltd, Crompton Greaves Consumer Electricals Ltd, Blue Star Ltd
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 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Edelweiss Nifty Smallcap 250 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 Smallcap 250 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 Smallcap 250 Index Fund Direct Growth has no lock in period.
Historical NAV & Returns
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth Overview
| Expense ratio | 0.14% |
Benchmark | IISL Nifty Smallcap 250 TR INR |
| AUM | ₹96 Cr |
| Inception Date | 30 November, 2022 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 96.44% |
| 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 (30-Nov-24)
- This fund’s returns stands at -0.13% whereas the fund’s underlying benchmark Nifty Smallcap 250 returns stands at -0.71% as on Nov'24
- This fund outperformed Nifty Smallcap 250 by 0.58% in Nov'24
- AUM of the fund stands at 91.1 Cr as of Nov'24
- AUM increased by 3.9 Cr between Nov'24 and Oct'24
Top 3 Sectors in November were Industrial, Financial Services & Basic Materials
Top Growth Drivers | 1M Return |
|---|---|
 KFin Technologies Ltd | 38.7% |
 Laurus Labs Ltd | 17.1% |
 Computer Age Management Services Ltd | 12.8% |
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹96 Cr
Expense Ratio 0.14%
Frequently Asked Questions for Edelweiss Nifty Smallcap 250 Index Fund Direct Growth
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 5.04% | 5.04% |
6 Month Returns | 3.93% | 3.93% |
1 Year Returns | 32.24% | 32.24% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- 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.
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth | -0.14 | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth | 0.99 | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth | 1.42 | - | - |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth | 17.03 | - | - |