Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan
|
Very High
|
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0.35 |
|||
Very High
|
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0.30 |
||||
Very High
|
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0.30 |
||||
Very High
|
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0.41 |
||||
Very High
|
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0.28 |
₹569 Cr
0.50 (30)
100
--
100
6
Investment Strategy
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors.
Suitability
"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options.
This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.
Like for all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.
Warning: Do not invest in this, or any other mid-cap fund, if you need to redeem your investment in less than seven years.
Capital Gains Taxation
Dividend Taxation
Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is mandated to invest at least 65 per cent of its assets in mid-cap stocks at all times. Being passively managed, it replicates the portfolio of its chosen benchmark index.
Mutual funds can be bought directly from the website of the fund house. For instance, Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan fund can be purchased from the website of Edelweiss Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is ₹18.7629 as of 14-Aug-2024.
The AUM of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan Fund is ₹569 Cr as of 31-Jul-2024
The riskometer level of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is Very High. See More
Company | Percentage of Portfolio |
---|---|
4.57
|
|
4.46
|
|
4.22
|
|
3.29
|
|
3.22
|
As of 31-Jul-2024, Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan had invested 100.22% in Equity, 0.33% in Debt and -0.55% in Cash & Cash Eq. See More
Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is 1 years 8 months old. It has delivered 44.67% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
63.69%
|
--
|
--
|
--
|
--
|
44.67%
|
No, There is no lock in period in Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan.
The expense ratio of Edelweiss Nifty Midcap150 Momentum 50 Index Fund - Direct Plan is 0.35.