- ETF
- Edelweiss ETF Nifty Bank (G)
Edelweiss ETF Nifty Bank (G)
₹ 4579.836
NAV
-0.2%
Change
Edelweiss ETF - Nifty Bank NAV
₹ 4579.836
NAV (Aug 7)
Edelweiss ETF - Nifty Bank returns
Last 1Y | 18.6% |
Last 3Y | 27.8% |
Last 5Y | 10.1% |
Last 10Y | NA |
Since Inception | 14.4% |
6 Month CAGR | 8.3% |
Edelweiss ETF - Nifty Bank Information
The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty Bank 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.
Low
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
Expense Ratio | 0.98 |
Launched (8y ago) | Dec 15, 2015 |
AUM in Crores | 1.733 |
ISIN | INF754K01EL1 |
Beta (5yr) | 1 |
Sharpe Ratio (3yr) | 1.009 |
Sharpe Ratio (5yr) | 0.331 |
YTM | 0 |
Fund Managers
Explore edelweiss Mutual Funds
| Fund Name | Till Date CAGR | |
|---|---|---|
5.6% | 4.8% | |
5.9% | 7.2% | |
- | 4.9% | |
5.9% | 7.2% | |
5.6% | 4.8% |
Compare similar ETF's
| Fund Name | Till Date CAGR | |
|---|---|---|
27.8% | 14.4% | |
21.8% | 12.1% | |
21.8% | 11.9% | |
5.9% | 7.2% | |
6.6% | 6.5% |
Asset allocation and Holdings
Top 10 Stock Holdings
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Edelweiss ETF Nifty Bank (G) Review
Edelweiss ETF Nifty Bank (G) is an Exchange Traded Fund which is benchmarked to IISL Nifty Bank TR INR. Edelweiss ETF Nifty Bank (G) is managed by the Edelweiss Asset Management Limited with the fund managers being Bharat Lahoti, Bhavesh Jain. The Edelweiss ETF Nifty Bank (G) was launched on Dec 15, 2015 with no lock-in period. Since its inception, the fund has delivered 14.4% as a return on investment. The fund has delivered a 1-year return of 18.6%, a 3-year return of 27.8%, and a 5-year return of 10.1%.
As on 7 Aug, 2023 the NAV of the fund is Rs 4579.84 and the AUM is Rs 1.73 crores. The fund charges an expense ratio of 0.98% on an annual basis. You can start a SIP with an investment of a minimum of Rs 100. You can make a lumpsum investment of minimum of Rs 5000.
Since the scheme is benchmarked to IISL Nifty Bank TR INR, the fund is subject to very high risk and it may witness volatility in the short term. Hence, an exchange-traded fund is more suitable for an investment horizon of more than 5 years. The Edelweiss ETF Nifty Bank (G) has an asset allocation of 0% in equity and equity equivalents and 0% in debt securities.
Scripbox provides a unique feature through which you can compare the performance of Edelweiss ETF Nifty Bank (G) with another fund in a similar category. This way you can make a well-informed investment decision.