FAQ : Edelweiss ETF - Nifty Bank

Edelweiss ETF - Nifty Bank has delivered CAGR and average rolling returns as follows :

1 Year 3 Year 5 Year 9 Year
CAGR(%) 18.57 27.77 10.14 N/A
Average Rolling Returns(%) 18.25 11.86 12.62 N/A

The Current NAV of Edelweiss ETF - Nifty Bank is ₹4579.84.

Funds returns are more likely to be different than its benchmark NIFTY 50 - TRI returns, as Funds portfolio is significantly different.

Edelweiss ETF - Nifty Bank fund’s expense ratio is 0.98%

The process for redemption is

  • Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
  • You will get information about the redemption and the NAV at which redeemed.
  • The amount will be deposited in the designated bank account.

The AUM of Edelweiss ETF - Nifty Bank is currently ₹2 Crores.

The Top three stocks are HDFC Bank, ICICI Bank and SBI and account for 62% of its portfolio. Top 5 and 10 stocks of fund account for 81% and 97% of fund’s portfolio respectively.

Top three sectors of Edelweiss ETF - Nifty Bank fund are BFSI, Others and Miscellaneous accounting for 101% of the total portfolio.

Funds Portfolio Quality is Very Good. It has a large proportion of Green Stocks.Since this is a ETFs - Index it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Edelweiss ETF - Nifty Bank Fund is ETFs - Index.

Bhavesh Jain and Bharat Lahoti manage the Edelweiss ETF - Nifty Bank Fund.

Edelweiss ETF - Nifty Bank current PE ratio is 19.88 and PB ratio is 2.95

The asset allocation of Edelweiss ETF - Nifty Bank is Stocks : 99.88%, Debt : 0.10% and Gold : 0%

The minimum SIP amount for Edelweiss ETF - Nifty Bank is N/A and minimum lumpsum is ₹5000.00

The exit load for Edelweiss ETF - Nifty Bank is N/A

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