Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Review – Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Review Direct NFO Open on 11 October 2024 and Close on 25 October 2024. Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund Direct NFO Allotment Date is 04 November 2024, and the NFO Type is Open-Ended. NFO Riskometer is Very High Risk, and the Minimum Investment Amount is ₹100. The Minimum SIP Investment Amount is ₹100.
Type of the Scheme
An open-ended Equity index scheme replicating Nifty500 Multicap Momentum Quality 50 Index.
Scheme Benchmark : Nifty500 Multicap Momentum Quality 50 TRI – Justification for use of benchmark: As the investment in the scheme is made with the objective of achieving
return commensurate with the performance of Nifty500 Multicap Momentum Quality 50 TRI is an appropriate benchmark for the Scheme.
Edelweiss Nifty500 Multicap Fund Scheme Benchmark
| Company | Weightage |
|---|---|
| Bajaj Auto Ltd. | 6.32 |
| Coal India Ltd. | 5.26 |
| REC Ltd. | 5.09 |
| Hero MotoCorp Ltd. | 5.02 |
| Power Finance Corporation Ltd. | 4,90 |
| Dr. Reddy's Laboratories Ltd. | 4.78 |
| Bharat Electronics Ltd. | 4.51 |
| Cummins India Ltd. | 4.47 |
| Varun Beverages Ltd. | 4.46 |
| Dixon Technologies (India) Ltd. | 4.45 |
Edelweiss Nifty500 Multicap Fund Important Date
| Scheme Offer | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund |
|---|---|
| Offer Price | Rs. 10/- per Unit |
| Type of Scheme | An open-ended |
| Open Date | 11 Oct 2024 |
| Close Date | 25 Oct 2024 |
| Allotment Date | 04 Nov 2024 |
| Category | Index Fund |
| Min Inv ₹ | ₹100 |
| Lock in Period | N/A |
| Risk | Very High |
| Scheme Benchmark | Nifty500 Multicap Momentum Quality 50 TRI |
Investment Objective of the Scheme ?
The investment objective of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty500 Multicap Momentum Quality 50 Index Fund, subject to tracking errors. There is no assurance or guarantee that the investment objective of the Scheme will be achieved.
Edelweiss Nifty500 Multicap Fund Other Details
| Exit Load | 0.1% |
|---|---|
| Exit Load Details | Exit load of 0.1%, if redeemed within 30 days. |
| Entry Load | N/A |
| Stamp Duty | 0.005% |
| Min. Investment | Rs. 100 |
| Min. SIP | Rs. 100 |
Edelweiss Nifty500 Multicap Fund Asset Allocation
| Instruments | Allocation Min | Allocation Max |
|---|---|---|
| Equity and equity related securities constituting Nifty500 Multicap Momentum Quality 50 Index | 95% | 100% |
| Debt and money market instruments | 0% | 5% |
Manager Manage the Scheme?
Fund Manger : Mr. Bharat Lahoti
Qualification : BE
Experience : Mr. Bharat Lahoti has an overall work experience of 17 years in the research function of organizations in the financial services sector. He is associated with AMC from September 2015.
Fund Manger : Mr. Bhavesh Jain
Qualification : Master’s in management studies (Finance) from the Mumbai University.
Experience : Mr. Bhavesh Jain has a total work experience of over 16 years in the equity market segment. Currently, he is co-head for hybrid and solution funds and manages various schemes of AMC and is a key person.
Edelweiss Nifty500 Multicap Fund Sector Representation
| Sector | Weightage |
|---|---|
| Capital Goods | 30.16 |
| Financial Services | 19.99 |
| Automobile and Auto Components | 12.63 |
| Oil, Gas & Consumable Fuels | 9.19 |
| Healthcare | 6.42 |
| Fast Moving Consumer Goods | 5.67 |
| Consumer Durables | 4.45 |
| Chemicals | 3.63 |
| Information Technology | 2.72 |
| Metals & Mining | 2.55 |
| Construction | 2.18 |
| Consumer Services | 0.26 |
| Services | 0.15 |
Edelweiss Nifty500 Multicap Fund Index Return
| Index Return | QTD | YTD | 1 Year | 5 Years | Since Inception |
|---|---|---|---|---|---|
| Price Return | 3.20 | 30.12 | 59.27 | 29.60 | 22.06 |
| Total Return | 3.61 | 31.44 | 61.19 | 31.02 | 23.60 |
Where Will the Scheme Invest ?
- Equity and Equity related instruments.
- Debt and Money Market Instruments.
- Derivative Instruments.
- Investments in the Schemes of AMC or in the schemes of any other mutual fund.
Also Read: TRUSTMF Small Cap Fund Review
Edelweiss Nifty500 Multicap Fund Registrar
KFIN TECHNOLOGIES LIMITED
Selenium Tower- B, Plot 31-32, Gachibowli, Financial
District, Nanakramguda, Serilingampally, Hyderabad500 032, Telangana, India.
Tel No.: +91 40 6716 2222
Website: Www.Kfintech.Com
Email: Hoacfoods.Ipo@Kfintech.Com
Investor Grievance Email:Einward.Ris@Kfintech.Com
Contact Person: Mr. M Murali Krishna
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