Edelweiss
Nifty Bank ETF
An open-ended exchange traded scheme replicating/tracking Nifty Bank Total return index.
Data as on 31st May, 2025
| Investment Objective : The investment objective of the scheme is to provide returns before expenses that correspond to the total returns of the Nifty Bank Total Return Index, subject to tracking error. There is no assurance or guarantee that the investment objective of the Scheme will be achieved. |
|
| Inception Date | 10-Sep-24 |
| Benchmark | Nifty Bank TRI |
| Fund Managers Details | Mr. Bhavesh Jain Experience 16 years Managing 10-Sep-24 |
| Minimum Investment Amount | Through the stock exchange - 1 unit & in multiplies thereof. Directly with the Mutual Fund - in creation unit size i.e., 10,000 units & in multiplies thereof. |
| Creation unit size | 10,000 |
| Exit Load | NIL |
| Total Expense Ratios~: | Edelweiss Nifty Bank ETF 0.05% |
| Tracking Error: | Direct: 0.07% |
| Month End AUM |
Rs. 7.09 Crore
|
| Monthly Average AUM |
Rs. 7.03 Crore
|
|
(as on May 30, 2025)
|
55.7667
|
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| HDFC Bank Ltd. | Financial Services | 27.68% |
| ICICI Bank Ltd. | Financial Services | 25.10% |
| Axis Bank Ltd. | Financial Services | 8.41% |
| State Bank of India | Financial Services | 8.25% |
| Kotak Mahindra Bank Ltd. | Financial Services | 7.56% |
| IndusInd Bank Ltd. | Financial Services | 4.02% |
| The Federal Bank Ltd. | Financial Services | 3.67% |
| Bank of Baroda | Financial Services | 3.43% |
| IDFC First Bank Ltd. | Financial Services | 3.13% |
| AU Small Finance Bank Ltd. | Financial Services | 2.91% |
| Canara Bank | Financial Services | 2.87% |
| Punjab National Bank | Financial Services | 2.71% |
| Cash & Other Receivables | 0.26% | |
| Cash & Cash Equivalent | 0.26% | |
| Grand Total | 100.00% |
|
Period
|
Scheme-Edelweiss Nifty Bank ETF |
Benchmark |
Additional Benchmark (Nifty 50 TR Index) |
|||
|
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
|
|
6 Months |
14.47% |
10,722 |
14.58% |
10,727 |
6.11% |
10,305 |
|
Since Inception - Regular Plan |
13.11% |
10,938 |
13.24% |
10,947 |
-0.07% |
9,995 |
Past performance may or may not be sustained in future and should not be used as a basis for
comparison with other investments. * CAGR Return.
Notes:
1.The scheme is currently managed by Bhavesh Jain (managing this fund from September 10, 2024). Please Click here for name of the other schemes
currently managed by the Fund Managers and relevant scheme for performance.
2. #Large Investors can directly purchase / redeem in blocks from the fund in “Creation unit size” subject to the value of such transaction is greater than threshold of INR 25 cr.
(Twenty-Five crores) and such other threshold as prescribed by SEBI from time to time.
3. Tracking error is annualised and is calculated based on past one year data.
2. For performance of Direct Plan please refer page
This Product is suitable for investors who are seeking*:
- Long term capital appreciation
- Returns that are in line with the performance of Nifty Bank Total Return index, subject to tracking errors.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Benchmark Riskometer: Nifty Bank TRI
