• ETF
  • Edelweiss ETF Nifty Bank (G)
Edelweiss ETF Nifty Bank (G)

Edelweiss ETF Nifty Bank (G)

OtherEtfs Fund 
  • 3483.6483

    NAV

  • 2.9%

    Change

Edelweiss ETF - Nifty Bank NAV

3483.6483

NAV (May 20)

Edelweiss ETF - Nifty Bank returns

Last 1Y

3.5%

Last 3Y

3.7%

Last 5Y

8.8%

Last 10Y

NA

Since Inception

12.4%

6 Month CAGR

-9.4%

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Edelweiss ETF - Nifty Bank Information

Investment Objective

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

0.05

Launched (7y ago)

Dec 15, 2015

AUM in Crores

1.357

ISIN

INF754K01EL1

Lock-in

No Lock-in

Benchmark

IISL Nifty Bank TR INR

SIP Minimum

0

Lumpsum Min.

5000

Fund Managers
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Bharat Lahoti

Fund Manager

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Bhavesh Jain

Fund Manager

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Asset allocation and Holdings

Last updated on 2022-05-20

Top 10 Stock Holdings

hdfc bank ltd

27 %

icici bank ltd

23 %

kotak mahindra bank ltd

11.7 %

state bank of india

11.1 %

axis bank ltd

11 %

indusind bank ltd

5.5 %

au small finance bank ltd

2.7 %

bandhan bank ltd

2 %

bank of baroda

1.8 %

the federal bank ltd

1.7 %

See all holdings

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Edelweiss ETF Nifty Bank (G)

Edelweiss ETF Nifty Bank (G)

Other

 

3483.6483

NAV

With returns of 2.9 %

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 12.4% as a return on investment. The fund has delivered a 1-year return of 3.5%, a 3-year return of 3.7%, and a 5-year return of 8.8%.

As on 20 May, 2022 the NAV of the fund is Rs 3483.65 and the AUM is Rs 1.36 crores. The fund charges an expense ratio of 0.05% 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.