Edelweiss Nifty Alpha Low Volatility 30 Index Fund

An Open-ended scheme replicating Nifty Alpha Low Volatility 30 Index

Data as on 31st October, 2024

Investment Objective :
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Alpha Low Volatility 30 Index, subject to tracking errors. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Inception Date 24-May-24
Benchmark Nifty Alpha Low Volatility 30 Index
Fund Managers Details Mr. Bhavesh Jain Experience 16 years Managing Since 24-May-24
Additional investment amount Rs. 100/- per application & in multiples of Re. 1/- thereafter.
Minimum Investment Amount Rs. 100/- per application & in multiples of Re. 1/- thereafter.
Plan / Options Growth Income Distribution Cum Capital Withdrawal (IDCW)
Exit Load 0.10% upto 15 days Nil after 15 days
Total Expense Ratios~: Regular Plan 1.08%
Direct Plan 0.30%
Month End AUM
Rs. 98.47 Crore
Monthly Average AUM
Rs. 99.12 Crore

NAV

Regular Plan - Growth
10.6340
Regular Plan - IDCW
10.6340
Direct Plan - Growth
10.6725
Direct Plan - IDCW
10.6725
(as on October 31, 2024)  
Name of Instrument
Industry
% to Net Assets
Equities 99.82%
AXIS BANK LTD Financial Services 2.64%
BAJAJ AUTO LTD Automobile & Auto Components 3.94%
BHARTI AIRTEL LTD Telecommunication 5.16%
BRITANNIA INDUSTRIES LTD Fast Moving Consumer Goods 3.83%
COLGATE PALMOLIVE (INDIA) LTD Fast Moving Consumer Goods 3.50%
CUMMINS INDIA LTD Capital Goods 2.86%
DR. REDDY'S LABORATORIES LTD Healthcare 3.45%
GRASIM INDUSTRIES LTD Construction Materials 3.25%
ICICI BANK LTD Financial Services 4.73%
ITC LTD Fast Moving Consumer Goods 4.14%
LARSEN & TOUBRO LTD Construction 3.38%
LUPIN LTD Healthcare 4.53%
MARUTI SUZUKI INDIA LTD Automobile & Auto Components 3.23%
NESTLE INDIA LTD Fast Moving Consumer Goods 3.06%
NTPC LTD Power 3.66%
OIL & NATURAL GAS CORPORATION LTD Oil, Gas & Consumable Fuels 2.42%
SIEMENS LTD Capital Goods 3.00%
SUN PHARMACEUTICAL INDUSTRIES LTD Healthcare 5.48%
TITAN COMPANY LTD - INR1 Consumer Durables 3.01%
TORRENT PHARMACEUTICALS LTD Healthcare 2.51%
TVS MOTOR COMPANY LTD Automobile & Auto Components 3.16%
ULTRATECH CEMENT LTD Construction Materials 3.45%
ZYDUS LIFESCIENCES LTD Healthcare 2.16%
TATA CONSUMER PRODUCTS LTD Fast Moving Consumer Goods 2.58%
BOSCH LTD Automobile & Auto Components 2.58%
MRF LTD Automobile & Auto Components 2.13%
RELIANCE INDUSTRIES LTD Oil, Gas & Consumable Fuels 3.40%
STATE BANK OF INDIA Financial Services 2.95%
ICICI LOMBARD GENERAL INSURANCE CO LTD Financial Services 3.00%
TATA MOTORS LTD Automobile & Auto Components 2.63%
Cash & Other Receivables 0.18%
Cash & Cash Equivalent   -0.59%
TREPS_RED_04.11.2024   0.77%
Grand Total 100.00%
Total stocks in portfolio
30
Top 10 stocks 42.42%
Portfolio Turnover Ratio^ 0.39
Tracking Error (Regular) 0.12%

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 May 24, 2024). Please refer for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
2. Tracking error is annualised and is calculated based on data since inception.

Disclaimer of NSE: It is to be distinctly understood that the permission given by NSE should not in any way be deemed or construed that the Scheme Information Document has been cleared or approved by NSE nor does it certify the correctness or completeness of any of the contents of the Scheme Information Document. The investors are advised to refer to the Scheme Information Document for the full text of the 'Disclaimer Clause of NSE'. The “Product” offered by “the issuer” is not sponsored, endorsed, sold or promoted by NSE (formerly known as India Index Services & Products Limited (IISL)). NSE does not make any representation or warranty, express or implied (including warranties of merchantability or fitness for particular purpose or use) and disclaims all liability to the owners of “the Product” or any member of the public regarding the advisability of investing in securities generally or in “the Product” linked to Nifty Alpha Low Volatility 30 Index or particularly in the ability of the Nifty Alpha Low Volatility 30 Index to track general stock market performance in India. Please read the full Disclaimers in relation to the Nifty Alpha Low Volatility 30 Index in the in the Scheme Information Document.

This Product is suitable for investors who are seeking*:

  • Long term capital appreciation
  • Passive Investment in equity and equity related securities replicating the composition of Nifty Alpha Low Volatility 30 Index, subject to tracking errors.

*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.

Riskometer

Investors understand that their principal will be at Very High Risk

Benchmark Riskometer: Nifty Alpha Low Volatility 30 Index

Investors understand that their principal will be at Very High Risk