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 #29 of 35 in category.
Fund basics
| Category | Equity: Multi Cap |
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| NAV | ₹29.77 (as of 2026-10-23) |
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| AUM | ₹1,276 Cr |
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| Expense ratio | 1.85% |
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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 | 10.23% |
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| Sharpe ratio | 0.54 |
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| Standard deviation | 20.83% |
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| Max drawdown | −32.34% |
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| Alpha | 5.02 |
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| Beta | 1.01 |
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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 | 8.4% |
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| Mid cap | 7.9% |
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| Small cap | 83.7% |
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Concentration
| Top 5 holdings | 24.2% |
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| Top 10 holdings | 39.8% |
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| Total holdings | 54 |
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| Index overlap | 1.9% |
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| Active share | 98.1% |
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Top holdings
- ICICI Prudential Asset Management Company Limited — 5.8%
- National Stock Exchange of India Limited — 5.3%
- Meesho Limited — 5.1%
- SHADOWFAX TECHNOLOGIES LIMITED — 4.0%
- SEDEMAC MECHATRONICS LIMITED — 4.0%
- Sudeep Pharma Limited — 3.6%
- Ather Energy Limited — 3.3%
- Rentomojo Limited — 3.2%
- Emmvee Photovoltaic Power Limited — 2.9%
- SBI Funds Management Limited — 2.6%
Top sectors
- Banking & Financial — 16.1%
- Automobile — 12.7%
- Retail — 11.4%
Calendar-year track record
| Year | Return | Quartile | Category rank |
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| 2026 (partial) | 10.1% | 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 |