Edelweiss Recently Listed IPO Fund Direct Growth
Equity
Direct
Equity - Other
NAV as on 21-02-2025
₹ 25.19
▲0.9%
1D
Inception Returns
14.2%
/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 ₹907 Cr worth of assets under management (AUM) as on Jan 2025 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 14.24% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 3.42%, 10.46% and 17.72% respectively.
Holdings
Edelweiss Recently Listed IPO Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Consumer Cyclical, Industrial, Health, Financial Services, Tech, Utilities, Communication, Basic Materials, Consumer Defensive. Its top holdings are Bharti Hexacom Ltd, Jyoti CNC Automation Ltd, Sagility India Ltd, Bajaj Housing Finance Ltd, TBO Tek 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 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 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
Absolute
▲
▼
3776 people have invested ₹ 93.5L in Edelweiss Recently Listed IPO Fund Direct Growth in the last three months
Edelweiss Recently Listed IPO Fund Direct Growth Overview
| Expense ratio | 1.03% |
Benchmark | Nifty IPO TR INR |
| AUM | ₹907 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-Feb-25)
Fund Distribution
as on (31-Jan-25)
Small cap
64.2%
Mid cap
17.9%
Large cap
13.5%
Sector Allocation
Consumer Cyclical
24.3%
Industrial
22.6%
Health
18.9%
Financial Services
10.2%
Tech
6.9%
Utilities
5.8%
Communication
4.7%
Basic Materials
4%
Consumer Defensive
2.6%
All changes are between Nov'24 and Jan'25
- AUM of the fund stands at 907.4 Cr as of Jan'25
- AUM decreased by 66.5 Cr between Jan'25 and Dec'24
Top Stocks bought last month
Vishal Mega Mart Ltd's allocation increased from 1.39% to 3.21%
NTPC Green Energy Ltd's allocation increased from 2.33% to 3.55%
Hyundai Motor India Ltd's allocation increased from 2.23% to 3.33%
Top Stocks sold last month
Jyoti CNC Automation Ltd's allocation decreased from 4.81 % to 4.27 %
ASK Automotive Ltd's allocation decreased from 2.78 % to 2.04 %
JSW Infrastructure Ltd's allocation decreased from 2.27 % to 1.97 %
Mid Cap allocation has gone up from 10.5% to 17.9%
Large Cap allocation has gone up from 1.8% to 13.5%
Small Cap allocation has gone up from 57.2% to 64.2%
Cash allocation has gone down from 4.1% to 2.3%
Top 3 Sectors in January were Industrial, Consumer Cyclical & Health
Jan'25
Consumer Cyclical
24%
Industrial
23%
Health
19%
Dec'24
Industrial
27%
Consumer Cyclical
21%
Health
18%
See all
Top Losers | 1M Return |
|---|---|
 Jyoti CNC Automation Ltd | -29% |
 Swiggy Ltd | -21.2% |
 Premier Energies Ltd | -16.3% |
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Bharat Lahoti
Fund Manager of Edelweiss Recently Listed IPO Fund Direct Growth, since 26 February 2018
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Recently Listed IPO Fund Direct Growth, since 26 February 2018
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
Mutual Fund Insights
Over the last 1 month, this fund has experienced a 10.2% drop in AUM moving from 1.01K Cr to 907.41 Cr.
In the last 3 years, SBI PSU Direct Growth has given 30.78% return, outperforming this fund by 20.32% per annum.
Over the last 6 months, this fund has increased expense ratio by 33.8% moving from 0.77 to 1.03.
In the last 5 years, ICICI Prudential Commodities Fund Direct Growth has given 31.33% return, outperforming this fund by 13.61% per annum.
In the last 1 year, Axis Innovation Fund Direct Growth has given 14.96% return, outperforming this fund by 11.54%.
Edelweiss Recently Listed IPO 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 14.24% since inception which is more than its category average return of 8.41%
Fund Allocations
This fund has an allocation of 97.7% in Equity, 0% in Debt and 2.3% in Cash related instruments
AUM size ₹907 Cr
This fund has AUM of ₹907 Cr which is less than its category average of ₹ 2217 Cr
Expense Ratio 1.03%
This fund has an expense ratio of 1.03% which is less than its category average expense ratio of 1.28%
Frequently Asked Questions for Edelweiss Recently Listed IPO Fund Direct Growth
The current NAV of Edelweiss Recently Listed IPO Fund Direct Growth is ₹25.19 as on 21-Feb-2025.
Existing (Absolute + CAGR) as on 21-Feb-2025.
Edelweiss Recently Listed IPO Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -11.71% | -11.71% |
6 Month Returns | -10.1% | -10.1% |
1 Year Returns | 3.42% | 3.42% |
3 Years Returns | 34.78% | 10.46% |
5 Years Returns | 126.04% | 17.72% |
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.
1.03% as on January 2025
₹907 Cr as on January 2025
Bharti Hexacom Ltd(4.54%), Jyoti CNC Automation Ltd(4.27%), Sagility India Ltd(3.9%), Bajaj Housing Finance Ltd(3.72%), TBO Tek Ltd(3.65%) as on January 2025
Consumer Cyclical(23.71%), Industrial(22.07%), Health(18.46%) as on January 2025
The alpha ratio for the Edelweiss Recently Listed IPO Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | - | - | - |
As on January 2025
The alpha for Edelweiss Recently Listed IPO Fund Direct Growth is calculated against Nifty IPO TR INR. 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 Recently Listed IPO Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | - | - | - |
As on January 2025
The Beta for Edelweiss Recently Listed IPO Fund Direct Growth is calculated with Nifty IPO TR INR. 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 Recently Listed IPO Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | 0.39 | 0.31 | 0.77 |
As on January 2025
The sharpe ratio for Edelweiss Recently Listed IPO Fund Direct Growth is calculated with Nifty IPO TR INR. 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 Recently Listed IPO Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Recently Listed IPO Fund Direct Growth | 19.23 | 18.17 | 20.07 |
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.
Sortino ratio is 0.44 as on January 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Recently Listed IPO Fund Direct Growth
The Exit load of Edelweiss Recently Listed IPO Fund Direct Growth is 2%