Edelweiss NIFTY Large Mid Cap 250 Index Fund(G)-Direct Plan

View the regular plan of this scheme

Rs 16.8992   0.0488(0.29 %) NAV as on 13 Dec 2024
Prime Rating: 4 
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Fund type:
Equity
AUM (in crores):
₹ 225.36
Fund category:
Index Funds
Fund manager(s):
Bhavesh Jain
Benchmark:
NIFTY LargeMidcap 250 - TRI
Minimum investment:
₹ 100
Launch date:
01 Dec 2021
Min. additional investment:
₹ 100
Expense ratio:
0.21 %
Exit load:
Nil

Scheme Objective: The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty LargeMidcap 250 Index subject to tracking errors.


Performance (As on 13 Dec 2024)

6 month returns 1 year returns3 year returns5 year returns Returns since inception
Scheme6.00 % 26.96 % 18.70 %N/A 18.87 %

Portfolio

Top 10 stock holdings
Allocation (%)
HDFC Bank Ltd.
5.07%
ICICI Bank Ltd.
3.41%
Reliance Industries Ltd.
3.26%
Infosys Ltd.
2.49%
ITC Ltd.
1.65%
Larsen & Toubro Ltd.
1.63%
Tata Consultancy Services Ltd.
1.62%
Bharti Airtel Ltd.
1.62%
Axis Bank Ltd.
1.2%
State Bank of India
1.2%

About this category

Index funds aim to mimic a specific index. It could be the Nifty 50, or the Nifty Next 50, the Sensex and so on. These funds invest in the stocks that make up that index, in the exact same weights. An index fundu2019s performance moves in line with the index. However, there may be deviation in returns on account of expenses, cash kept to meet redemption requirements, and difficulty in buying and selling stocks in the index. Depending on the index, some can beat actively managed funds.

Suitability

Index funds suit investors who simply want a passive strategy with no fund-management risks. Depending on the index, risk appetite required may be conservative to high. The minimum period for which these funds need to be held is 5 years.

Taxation
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