Edelweiss Nifty Midcap150 Momentum 50 Index Fund
The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Midcap150 Momentum 50 Index subject to tracking errors.
Growthvine rating: 4/5 — ranked #27 of 245 in category.
Fund basics
| Category | Equity: Index |
|---|
| NAV | ₹17.34 (as of 2026-10-01) |
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| AUM | ₹1,834 Cr |
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| Expense ratio | 0.90% |
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| Riskometer | Very High |
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| Fund manager | Bhavesh Jain |
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| Exit load | 0.5% for redemption within 30 days |
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Performance & risk
| Sharpe ratio | 0.59 |
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| Standard deviation | 19.93% |
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| Max drawdown | −26.01% |
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| Alpha | 3.65 |
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| Beta | 1.17 |
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Market cap allocation
| Large cap | 21.0% |
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| Mid cap | 79.0% |
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| Small cap | 0.0% |
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Concentration
| Top 5 holdings | 25.5% |
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| Top 10 holdings | 43.8% |
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| Total holdings | 50 |
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Top holdings
- Laurus Labs Limited — 6.3%
- Multi Commodity Exchange of India Ltd — 5.7%
- Federal Bank Ltd. — 4.8%
- Bharat Heavy Electricals Ltd. — 4.4%
- GE Vernova T&D India Limited — 4.2%
- BSE Ltd. — 4.1%
- Bharat Forge Ltd — 4.0%
- HITACHI ENERGY INDIA LIMITED — 3.6%
- National Aluminium Co. Ltd. — 3.3%
- Polycab India Limited — 3.3%
Top sectors
- Banking & Financial — 23.2%
- Electricals — 15.3%
- Pharma & Biotech — 14.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −2.8% | — | — |
| 2025 | −4.9% | — | — |
| 2024 | 31.0% | — | — |
| 2023 | 49.3% | — | — |