Edelweiss Recently Listed IPO Fund
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).
Growthvine rating: 1/5 — ranked #33 of 34 in category.
Fund basics
| Category | Equity: Multi Cap |
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| NAV | ₹32.98 (as of 2026-08-21) |
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| AUM | ₹1,084 Cr |
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| Expense ratio | 1.89% |
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| Riskometer | Moderately High |
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| Fund manager | Bharat Lahoti |
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| Exit load | 2% for redemption within 180 days |
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Performance & risk
| 5-year annualised return | 10.99% |
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| Sharpe ratio | 0.51 |
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| Standard deviation | 20.40% |
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| Max drawdown | -32.34% |
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| Alpha | 3.37 |
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| Beta | 1.05 |
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Over 5 years, captured 98.8% of NIFTY500 Multicap 50:25:25's upside and 111.0% of its downside.
Market cap allocation
| Large cap | 14.5% |
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| Mid cap | 14.7% |
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| Small cap | 70.8% |
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Concentration
| Top 5 holdings | 23.4% |
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| Top 10 holdings | 39.5% |
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| Total holdings | 54 |
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| Index overlap | 2.0% |
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| Active share | 98.0% |
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Top holdings
- ICICI Prudential Asset Management Company Limited — 6.2%
- LG Electronics India Limited — 5.2%
- Billionbrains Garage Ventures Limited — 4.1%
- Clearing Corporation of India Ltd. — 4.0%
- Atlanta Electricals Limited — 4.0%
- Ather Energy Limited — 3.9%
- Tata Capital Limited — 3.5%
- Aditya Infotech Limited — 3.4%
- Emmvee Photovoltaic Power Limited — 3.3%
- Lenskart Solutions Limited — 3.0%
Top sectors
- Banking & Financial — 15.0%
- Automobile — 9.9%
- Retail — 9.8%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 22.0% | Q1 (Top) | #1 of 34 |
| 2025 | -5.6% | Q4 (Bottom) | #29 of 31 |
| 2024 | 28.9% | Q1 (Top) | #5 of 24 |
| 2023 | 34.2% | Q2 | #8 of 17 |
| 2022 | -20.4% | Q4 (Bottom) | #13 of 13 |