Edelweiss Nifty500 Multicap Momentum Quality 50 ETF
(An open-ended exchange traded scheme replicating/tracking Nifty500 Multicap Momentum Quality 50 Total Return Index.)
Data as on 31st October, 2024
| Investment Objective : The investment objective of the scheme is to generate returns that are in line with the performance of the Nifty500 Multicap Momentum Quality 50 Total Return Index, subject to tracking errors. There is no assurance or guarantee that the investment objective of the Scheme will be achieved. |
|
| Inception Date | 25-Oct-24 |
| Benchmark | Nifty500 Multicap Momentum Quality 50 TRI |
| Fund Managers Details | Mr. Bhavesh Jain Experience 16 years Managing Since 31-Oct-24 |
| Minimum Investment Amount | Through the stock exchange - 1 unit & in multiplies thereof. Directly with the Mutual Fund - in creation unit size i.e., 25,000 units & in multiplies thereof. |
| Exit Load | Nil |
| Total Expense Ratios~: | Regular Plan 0.16% |
| Month End AUM |
Rs. 8.17 Crore
|
Regular Plan - Growth |
45.5918 |
| (as on October 31, 2024) Allotment NAV |
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| REC Ltd | Financial Services | 5.09% |
| Bajaj Auto Ltd | Automobile & Auto Components | 5.03% |
| Coal India Ltd | Oil, Gas & Consumable Fuels | 4.94% |
| Power Finance Corporation Ltd | Financial Services | 4.84% |
| Dixon Technologies (India) Ltd | Consumer Durables | 4.80% |
| Bharat Electronics Ltd | Capital Goods | 4.78% |
| Dr. Reddy's Laboratories Ltd | Healthcare | 4.78% |
| Varun Beverages Ltd. | Fast Moving Consumer Goods | 4.66% |
| Hero Motocorp Ltd | Automobile & Auto Components | 4.65% |
| Cummins India Ltd | Capital Goods | 4.35% |
| Hindustan Aeronautics Limited | Capital Goods | 4.11% |
| CG Power And Industrial Solutions Ltd | Capital Goods | 3.65% |
| HDFC Asset Management Company Limited | Financial Services | 3.53% |
| ABB India Ltd | Capital Goods | 3.07% |
| Oil India Ltd | Oil, Gas & Consumable Fuels | 2.32% |
| Central Depository Services (I) Ltd | Financial Services | 2.30% |
| Solar Industries India Ltd | Chemicals | 2.25% |
| NMDC Ltd | Metals & Mining | 2.24% |
| Polycab India Limited | Capital Goods | 2.17% |
| Oracle Financial Services Software Ltd | Information Technology | 2.03% |
| Supreme Industries Ltd | Capital Goods | 1.92% |
| Apar Industries Ltd | Capital Goods | 1.76% |
| KEI Industries Ltd | Capital Goods | 1.68% |
| Amara Raja Energy & Mobility Ltd. | Automobile & Auto Components | 1.34% |
| Motilal Oswal Financial Services Ltd | Financial Services | 1.28% |
| Housing & Urban Development Corp Ltd | Financial Services | 1.18% |
| Linde India Limited | Chemicals | 1.17% |
| Nippon Life India Asset Mgmt Ltd | Financial Services | 1.13% |
| 360 One Wam Limited | Financial Services | 1.03% |
| Glaxosmithkline Pharmaceuticals Ltd | Healthcare | 0.95% |
| Others | 10.97% |
The scheme has been in existence for less than 6 month, hence performance has not been disclosed
1.The scheme is currently managed by Bhavesh Jain (managing this fund from Oct 31, 2014). Please refer for name of the other
schemes currently managed by the Fund Managers and relevant scheme for performance
This Product is suitable for investors who are seeking*:
- Long term capital appreciation
- Returns that are in line with the performance of the Nifty500 Multicap Momentum Quality 50 Total Return Index, subject to tracking errors.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at Very High Risk
Benchmark Riskometer: Nifty500 Multicap Momentum Quality 50 TRI
Investors understand that their principal will be at Very High Risk