3 Year return

17.53%
Launched on February 2018 (6 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

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Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹890.55 Cr.

Expense Ratio

0.97% (inclusive of GST)

Exit Load

2.00% - If redeemed / switched out within 180 days from the date of allotment. Nil - If redeemed / switched out after 180 days from the date of allotment.

Ratings

ARQ Rating
0

Ratings by other agencies

0
0
0

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Edelweiss Mutual Fund Managers

BJ

Bhavesh Jain

Fund Manager since Sep 2019

View Details

Fund House Details

Edelweiss Mutual Fund

Edelweiss Mutual Fund Asset management company

AUM ₹147,767.86 Cr.
No. of Schemes 153
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Edelweiss Mutual Fund

List of mutual fund schemes by AMC

About Edelweiss Recently Listed IPO Fund Direct Plan Growth

Edelweiss Recently Listed IPO Fund Direct Plan Growth is an investment choice that will allow you to invest in reputable IPOs that have just been listed or will list in the future. This thematic scheme makes an effort to invest in cutting-edge companies that are going public in India. This scheme under the Edelweiss Mutual Fund invests in businesses across industries, with a preference for small and mid-cap companies that show promise for growth.

Investment Objective of The Scheme

By purchasing shares and equity-related instruments of newly listed 100 firms or forthcoming initial public offerings, Edelweiss Recently Listed IPO Fund Direct Plan Growth aims to generate capital appreciation. The scheme’s strategy is to avoid weak companies that are extremely susceptible to market risks. The portfolio is kept liquid to withstand excessive market turbulence and redemption pressure.

Key Features of The Fund

5-year return 24.46%
Expense Ratio 0.97%
Fund Manager Bhavesh Jain
Fund Size ₹890.55 Cr
Risk Profile Very High

Is This Scheme Right for Me?

If you are an investor seeking to make investments in the upcoming best and recently listed IPOs, Edelweiss Recently Listed IPO Fund Direct Plan Growth could be a great option for you. This scheme allows you to have focused exposure to IPOs, and do so with minimal investment. However, there are risks associated with the scheme. In short-term periods or during times of acute market or economic stress, the fund may experience weak to negative returns.To avoid these risks, it is suggested that you maintain your investments over the long term. Before you invest, you must account for your personal financial plans and goals.

AMC Contact Details

Name Edelweiss Mutual Fund
Launch Date 2009
Addresss Edelweiss House, Off. C.S.T Road, Kalina, Mumbai - 400 098
Contact 1800 425 0090
Email EMFHelp@edelweissmf.com
Website https://www.edelweissmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

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FAQs

What is today's NAV of Edelweiss Recently Listed Ipo Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Edelweiss Recently Listed Ipo Fund Jun 21 2024 is 27.21

What is the AUM of Edelweiss Recently Listed Ipo Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Edelweiss Recently Listed Ipo Fund is 890.55 crore.

What is the expense ratio of Edelweiss Recently Listed Ipo Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Edelweiss Recently Listed Ipo Fund is 0.97%

What are the returns of Edelweiss Recently Listed Ipo Fund since inception?

The Edelweiss Recently Listed Ipo Fund was launched on Feb 02 2018. The fund has delivered a CAGR of 17.1 since inception.

What is the minimum SIP amount to invest in Edelweiss Recently Listed Ipo Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Edelweiss Recently Listed Ipo Fund is 100.

How do I invest in Edelweiss Recently Listed Ipo Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Edelweiss Recently Listed Ipo Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Edelweiss Recently Listed Ipo Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Edelweiss Recently Listed Ipo Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.