Edelweiss ETF - Nifty 50
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|Risk||Moderately High risk|
More about this fund
|HDFC Bank Ltd||11%|
|Reliance Industries Ltd||9.28%|
|Housing Development Finance Corp Ltd||8.11%|
|ICICI Bank Ltd||6.94%|
|Kotak Mahindra Bank Ltd||4.68%|
|Tata Consultancy Services Ltd||4.54%|
|Hindustan Unilever Ltd||3.36%|
|Axis Bank Ltd||3.35%|
About Edelweiss ETF Nifty 50
Edelweiss ETF Nifty 50 is an open ended scheme. The aim of this scheme is to provide returns before expenses to the correspond and before the total returns of the Nifty 50 subject to tracking errors. ##Pros and Cons of Edelweiss ETF Nifty 50 1. As the markets become more efficient the passive fund progressively becomes the preferred investment. 2. ETFs have an advantage of 1.86 percentage points. 3. A limited damage can cause as security-specific risk is reduced as a bond has limited exposure in an index. 4. Investors don’t have to worry about the performance of their funds, all they have to periodically rebalance their portfolios.
Fund Information and Statistics of Edelweiss ETF Nifty 50
Edelweiss ETF Nifty 50 was launched on 8th May 2015, by Edelweiss Mutual Fund.
There is no assurance that the objective of the investment scheme will be realized and the scheme has moderately high level of risk.
The redemption is done by ETF Nifty 50 by repurchase of the units only from the authorized participants or the investors on any business day in Creation Unit Size and in multiples or the investor may sell their Units of the Scheme through the Stock Exchange on any business day in lot of one or multiples. Redemption cheques are sent to the investors when the unit balance is confirmed not later than in 10 working days from the date of redemption.
Mr.Bhavesh Jain is the Fund Manager of Edelweiss ETF Nifty 50 and managing the scheme since inception.
No entry load will be charged for purchase/ switch-in transactions is accepted by the Fund. And no exit load for units sold through the stock exchange.
Tax benefits of investing in Edelweiss ETF Nifty 50
Long term capital gains tax applies to returns on this fund. A capital gain registered during a period of less than 1 year is defined as Short-term Capital Gain (STCG). A capital gain registered over a period of more than 1 year is defined as Long-term Capital Gains (LTCG). STCG are taxed at the rate of 15%. Long term capital gains in excess of Rs 1 lakh are taxed at the rate of 10% without the benefit of indexation.
About Edelweiss Mutual Fund
Edelweiss Group has an important business fiduciary that is Edelweiss Mutual Fund . The vision of this fund is to excellent investment solution, with exemplary services setting the highest ethical standards.
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All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns