Edelweiss NIFTY Large Mid Cap 250 Index Fund-Reg(G)
View the direct plan of this scheme
Rs 16.7445 0.1217(0.732 %) NAV as on 10 Sep 2024
Scheme Objective: The investment objective of the scheme is to provide returns before expenses that closely correspond to the total returns of the Nifty LargeMidcap 250 Index subject to tracking errors.
Performance (As on 10 Sep 2024)
| 6 month returns | 1 year returns | 3 year returns | 5 year returns | Returns since inception | |
|---|---|---|---|---|---|
| Scheme | 17.44 % | 36.90 % | N/A | N/A | 20.39 % |
Portfolio
Index funds aim to mimic a specific index. It could be the Nifty 50, or the Nifty Next 50, the Sensex and so on. These funds invest in the stocks that make up that index, in the exact same weights. An index fundu2019s performance moves in line with the index. However, there may be deviation in returns on account of expenses, cash kept to meet redemption requirements, and difficulty in buying and selling stocks in the index. Depending on the index, some can beat actively managed funds.
Index funds suit investors who simply want a passive strategy with no fund-management risks. Depending on the index, risk appetite required may be conservative to high. The minimum period for which these funds need to be held is 5 years.
