Edelweiss ETF - Nifty Bank

Fund House: Edelweiss Mutual Fund
Category: ETFs
Launch Date: 15-12-2015
Asset Class: Equity
Benchmark: Nifty Bank TRI
Expense Ratio: 0.16% As on (31-12-2022)
Status: Open Ended Schemes
Minimum Investment: 5000.0
Minimum Topup: 500.0
Total Assets: 1.63 Cr As on (31-12-2022)
Turn over: 13% | Exit Load: Nil

4230.0127

14.02%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
0 Years 0 Months
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Bank Index subject to tracking errors.

Current Asset Allocation (%)

Indicators

Standard Deviation 33.53
Sharpe Ratio 0.36
Alpha -0.22
Beta 1.01
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Edelweiss ETF - Nifty Bank 15-12-2015 9.88 8.49 9.99 10.26 -
Nippon India ETF Nifty PSU Bank BeES 25-10-2007 31.0 31.44 19.22 2.45 -
ICICI Prudential Nifty FMCG ETF 05-08-2021 26.78 - - - -
Bharat 22 ETF 01-11-2017 19.48 25.83 20.19 9.22 -
IDBI Gold Exchange Traded Fund 09-11-2011 18.5 10.01 11.57 12.99 5.68
Invesco India Gold Exchange Traded Fund 12-03-2010 18.25 9.69 11.54 12.91 5.54
SBI Gold ETF 28-04-2009 18.09 9.59 11.45 12.78 5.49
Aditya Birla Sun Life Gold ETF 13-05-2011 18.06 9.57 11.5 12.83 5.52
ICICI Prudential Gold ETF 05-08-2010 18.03 9.54 11.21 12.64 5.38
Axis Gold ETF 10-11-2010 17.75 9.44 11.26 12.8 5.18

Scheme Characteristics

Minimum investment in securities of a particular index (which is being replicated/ tracked) - 95% of total assets.

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Others

0.11%

Large Cap

92.32%

Mid Cap

7.57%

Scheme Documents

There are no scheme documents available

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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