Edelweiss Recently Listed IPO Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-01-2025
₹ 28.25
1D
Inception Returns
16.2%
/yr
About Edelweiss Recently Listed IPO Fund Direct Growth
Edelweiss Recently Listed IPO Fund Direct Growth is an equity fund. This fund was started on 26 February, 2018. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Recently Listed IPO Fund Direct Growth has ₹1011 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 1.
Returns
Edelweiss Recently Listed IPO Fund Direct Growth has given a CAGR return of 16.23% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 19.41%, 10.42% and 21.94% respectively.
Holdings
Edelweiss Recently Listed IPO Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Industrial, Consumer Cyclical, Health, Financial Services, Tech, Utilities, Basic Materials, Communication, Consumer Defensive. Its top holdings are Jyoti CNC Automation Ltd, Bharti Hexacom Ltd, Innova Captab Ltd, TBO Tek Ltd, Premier Energies Ltd
Taxation
As it is a equity - other 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 Recently Listed IPO Fund Direct Growth
The investment objective of the Scheme is to seek to provide capital appreciation by investing in equity and equity related securities of recently listed 100 companies or upcoming Initial Public Offers (IPOs).
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Recently Listed IPO Fund Direct Growth has no lock in period.
Historical NAV & Returns
Edelweiss Recently Listed IPO Fund Direct Growth Overview
| Expense ratio | 1% |
Benchmark | Nifty IPO TR INR |
| AUM | ₹1011 Cr |
| Inception Date | 26 February, 2018 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 2.0% |
| Lock In | No Lock-in |
TurnOver | 61.93% |
| 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 |
Trailing Returns
as on (21-Jan-25)
Fund Distribution
as on (30-Nov-24)
- This fund’s returns stands at 4.15% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.60% as on Nov'24
- This fund outperformed Nifty 500 by 4.75% in Nov'24
- AUM of the fund stands at 973.9 Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top 3 Sectors in December were Industrial, Consumer Cyclical & Health
Top Growth Drivers | 1M Return |
|---|---|
 Sagility India Ltd | 2.5% |
Edelweiss Recently Listed IPO Fund Direct Growth Highlights
Very High Risk
About the fund
Fund Allocations
AUM size ₹1011 Cr
Expense Ratio 1%
Frequently Asked Questions for Edelweiss Recently Listed IPO Fund Direct Growth
Edelweiss Recently Listed IPO Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -5.93% | -5.93% |
6 Month Returns | 4.06% | 4.06% |
1 Year Returns | 19.41% | 19.41% |
3 Years Returns | 34.62% | 10.42% |
5 Years Returns | 169.66% | 21.94% |
- 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 Recently Listed IPO Fund Direct Growth | - | - | - |
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | - | - | - |
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | 1.47 | 0.43 | 0.98 |
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | 14.27 | 17.27 | 19.42 |