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Unrated

Edelweiss Recently Listed IPO Fund - Direct Plan download report


Equity: Thematic

1 Lakh

Investment Grown to
₹ 2.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.91 Lakh

Suitability:

This is a fund that invests mainly in companies that adhere to the narrow investment mandate mentioned in its investment objective.

We believe that investors should avoid funds that have a narrowly defined investment focus such as this one. Instead, they should invest in flexi-cap funds which provide complete freedom to the fund management team to invest in companies from which it expects maximum gains.

But if you do invest, you must do so only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other thematic fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Edelweiss Recently Listed IPO Fund Direct-G -15.33 0.61 1.62 8.15 8.54 -8.16 -3.39 26.97 -- -- --
S&P BSE 500 TRI 2.45 0.30 1.79 10.22 13.25 3.01 10.03 20.42 -- -- --

As on 12-Aug-2022

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Recently Listed IPO Fund - Direct Plan  | Invest Online
Unrated
Feb-18 -3.39 26.97 -- 0.94 987
ICICI Prudential Business Cycle Fund - Direct Plan  | Invest Now
Unrated
Jan-21 15.22 -- -- 0.55 5,565
ICICI Prudential India Opportunities Fund - Direct Plan  | Invest Now
Unrated
Jan-19 23.02 27.08 -- 0.81 5,298
ICICI Prudential Housing Opportunities Fund - Direct Plan  | Invest Now
Unrated
Apr-22 -- -- -- 0.32 3,223
Aditya Birla Sun Life Business Cycle Fund - Direct Plan  | Invest Online
Unrated
Dec-21 -- -- -- 0.52 2,352

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.24 25-Mar-2020 - 01-Apr-2020 -23.35 16-Mar-2020 - 23-Mar-2020
Month 19.11 24-Mar-2020 - 23-Apr-2020 -32.34 20-Feb-2020 - 24-Mar-2020
Quarter 30.83 24-Mar-2020 - 23-Jun-2020 -24.02 24-Dec-2019 - 24-Mar-2020
Year 98.01 24-Mar-2020 - 24-Mar-2021 -17.11 27-Feb-2018 - 27-Feb-2019

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Edelweiss Recently Listed IPO Fund Direct-G 25.98 22.14 1.02 1.01 0.84 8.31
S&P BSE 500 TRI 20.28 22.43 0.75 0.86 -- --

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Jul-2022

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 42
Top 10 Stocks (%) 40.91
Top 5 Stocks (%) 23.82
Top 3 Sectors (%) 48.31
Portfolio P/B Ratio 7.17
Portfolio P/E Ratio 48.38

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 14,576 1,23,328
Giant (%) -- 43.63
Large (%) 10.47 27.30
Mid (%) 55.94 26.64
Small (%) 33.59 8.07
Tiny (%) -- 0.12

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal SBI Cards & Payments Services Financial 46.41 5.87 0.00 5.87
equal Computer Age Management Services Services 40.27 5.23 0.00 5.23
equal Sona BLW Precision Forgings Automobile 93.76 5.08 0.00 4.87
equal Gland Pharma Healthcare 35.72 5.23 0.00 4.09
up Data Patterns (India) Capital Goods 46.20 3.77 0.00 3.77
equal Tarsons Products Healthcare 40.77 3.57 0.00 3.57
equal Go Fashion (India) Services 162.93 3.56 0.00 3.51
equal Metro Brands Consumer Discretionary 111.53 3.41 0.00 3.40
equal Devyani International Services 94.03 3.35 0.00 3.35
equal MTAR Technologies Capital Goods 70.17 3.98 0.00 3.26
equal Happiest Minds Technologies Technology 71.10 3.22 0.00 3.22
down Affle (India) Technology 66.87 3.34 0.14 3.12
equal Vedant Fashions Textiles 91.86 3.11 0.00 3.11
equal Bandhan Bank Financial 68.38 4.42 0.00 3.08
equal C.E. Info Systems Technology 83.92 3.45 0.00 3.00
equal FSN E-Commerce Ventures Services -- 3.28 0.00 2.83
equal Clean Science And Technology Chemicals 72.99 2.82 0.00 2.82
equal LatentView Analytics Technology 55.51 2.68 0.00 2.68
equal Star Health & Allied Insurance Insurance -- 2.50 0.00 2.50
down Aavas Financiers Financial 44.63 5.10 2.05 2.05
equal CreditAccess Grameen Financial 34.11 2.07 0.00 1.93
down G R Infraprojects Construction 13.53 2.68 0.00 1.69
equal Aptus Value Housing Finance India Financial 34.30 1.76 0.00 1.60
equal PB Fintech Services -- 2.68 0.00 1.57
equal Ami Organics Healthcare 50.20 1.51 0.00 1.51

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Jul-2022

Fund Manager

— Bharat Lahoti since 02-Feb-2018

Education: Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies

Experience: Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.

Interviews:

Funds Managed:

— Bhavesh Jain since 02-Feb-2018

Education: Mr. Jain is a MMS (Finance) from Mumbai University.

Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.

Funds Managed:


0.61%

Change from previous, NAV as on 12-Aug-2022

Growth: ₹ 17.9961

IDCW: ₹ 17.9961


Investment Strategy

The scheme seeks to provide capital appreciation by investing in equity and equity related securities of recently listed 100 companies or upcoming Initial Public Offers (IPOs).

Investment Details

Min. Investment (₹) 5,000
Min. Addl Investment (₹) 500
Min. SIP Investment (₹) 500
Min. No of Cheques 12
Min. Withdrawal (₹) --
Min. Balance (₹) --
Lock-in Period Not Applicable
Exit Load 2% for redemption within 180 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 22-Feb-2018
Return Since Launch: 14.04%
Benchmark: India Recent 100 IPO TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 987 Cr (As on 31-Jul-2022)
Expense Ratio: 0.94% (As on 31-Jul-2022)
Risk Grade: --
Return Grade: --
Turnover: 65.00%

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: Edelweiss House Off C.S.T. Road, Kalina Mumbai - 400098

Phone: +91 22 4093 3400

Fax: +91 22-40979878

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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