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 #32 of 34 in category.
Fund basics
| Category | Equity: Multi Cap |
|---|
| NAV | ₹32.45 (as of 2026-10-01) |
|---|
| AUM | ₹1,230 Cr |
|---|
| Expense ratio | 1.86% |
|---|
| Riskometer | Moderately High |
|---|
| Fund manager | Bharat Lahoti |
|---|
| Exit load | 2% for redemption within 180 days |
|---|
Performance & risk
| 5-year annualised return | 10.23% |
|---|
| Sharpe ratio | 0.59 |
|---|
| Standard deviation | 20.76% |
|---|
| Max drawdown | −32.34% |
|---|
| Alpha | 5.02 |
|---|
| Beta | 1.04 |
|---|
Over 5 years, captured 102.7% of NIFTY500 Multicap 50:25:25's upside and 105.4% of its downside.
Market cap allocation
| Large cap | 13.0% |
|---|
| Mid cap | 15.1% |
|---|
| Small cap | 72.0% |
|---|
Concentration
| Top 5 holdings | 23.5% |
|---|
| Top 10 holdings | 39.6% |
|---|
| Total holdings | 57 |
|---|
| Index overlap | 2.0% |
|---|
| Active share | 98.0% |
|---|
Top holdings
- ICICI Prudential Asset Management Company Limited — 5.4%
- LG Electronics India Limited — 5.3%
- Clearing Corporation of India Ltd. — 4.8%
- Ather Energy Limited — 4.8%
- Atlanta Electricals Limited — 4.3%
- Billionbrains Garage Ventures Limited — 3.7%
- Lenskart Solutions Limited — 3.4%
- Tata Capital Limited — 3.2%
- Sudeep Pharma Limited — 3.2%
- Meesho Limited — 3.2%
Top sectors
- Banking & Financial — 13.7%
- Retail — 11.6%
- Automobile — 11.3%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | 20.0% | 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 |