Edelweiss Recently Listed IPO Fund
ThematicVery HighOPEN-ENDED
- NAV as on 24 Sep 2026
- ₹32.91-1.72%1 day
- Return since launch
- 15.1%
- 52-week range
- ₹23.75 — ₹33.49
- AUM
- ₹1,230 Cr
Edelweiss Recently Listed IPO Fund is a Thematic equity fund from Edelweiss Mutual Fund with ₹1,230 Cr under management, launched in 2018. Over three years it has returned 17.6% a year, against 11.4% for its category. The expense ratio is 2.34% and the SEBI riskometer reading is Very High.
Performance
Edelweiss Recently Listed IPO Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +18.9% against -6.2% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 36.1% | +33.5 pts | 2.6% | -4.4% |
| 2Y | 21.5% | +17.5 pts | 4.0% | -3.8% |
| 3Y | 17.6% | +6.1 pts | 11.4% | -1.6% |
| 5Y | 16.7% | +7.1 pts | 9.6% | 4.8% |
| 7Y | 18.1% | +5.2 pts | 12.9% | 9.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.2% | +3.9 pts | -4.1% | -4.2% |
| 3M | 7.1% | +7.3 pts | -0.2% | -1.5% |
| 6M | 33.5% | +21.7 pts | 11.8% | 8.0% |
| 1Y | 18.9% | +16.3 pts | 2.6% | -6.2% |
| 2Y | 7.6% | +9.2 pts | -1.6% | -7.9% |
| 3Y | 17.1% | +5.7 pts | 11.4% | 4.8% |
| 5Y | 10.5% | +0.9 pts | 9.6% | 5.9% |
| 7Y | 19.3% | +4.4 pts | 14.9% | 11.8% |
Since launch (2 Feb 2018): 15.1%
Calendar-year returns
Category average34.0%
56.9%
-20.4%
34.2%
28.6%
-5.6%
Show as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | -5.6% | −8.6 pts | 3.0% |
| 2024 | 28.6% | +8.9 pts | 19.8% |
| 2023 | 34.2% | +2.2 pts | 32.0% |
| 2022 | -20.4% | −23.8 pts | 3.3% |
| 2021 | 56.9% | +13.0 pts | 43.9% |
| 2020 | 34.0% | +11.1 pts | 22.9% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
2.36%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.85%
- Brokerage
- 0.06%
- Transaction charges
- 0.00%
- Statutory levies
- 0.45%
- Exit load
- Exit load of 2% if redeemed within 6 months.
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- Nifty IPO TRI
- Short-term capital gains
- Returns taxed at 20% if you redeem before 1 year
- Long-term capital gains
- After 1 year, returns above ₹1.25 lakh in a financial year are taxed at 12.5%
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Very High
Your principal is treated as being at very high risk — typically small cap, sectoral and thematic equity schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | 5.02 | 8.09 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.04 | 1.10 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.59 | 0.77 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.81 | 1.21 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.76 | 19.45 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 4 category peers | |||
Portfolio
Edelweiss Recently Listed IPO Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Equity96.5%
- Debt4.9%
Market cap split
- Large15.2%
- Mid16.7%
- Small68.1%
- P/E
- 47.69
- P/B
- 7.68
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Prudential Asset Management Company Ltd. | Unclassified | 5.44% | ₹66.89 Cr | +6.50% | +5.47% | — |
| LG Electronics India Ltd. | Consumer Discretionary | 5.31% | ₹65.37 Cr | +5.84% | +6.49% | — |
| Ather Energy Ltd. | Automobile | 4.82% | ₹59.26 Cr | +3.31% | +5.24% | +1.56% |
| Atlanta Electricals Ltd. | Capital Goods | 4.29% | ₹52.73 Cr | +5.17% | +2.65% | — |
| Billionbrains Garage Ventures Ltd. | Financial | 3.67% | ₹45.13 Cr | +3.30% | +1.90% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 3.39% | ₹41.73 Cr | +2.77% | +2.10% | — |
| Others | Others | 3.35% | ₹41.94 Cr | +9.42% | +10.66% | +7.89% |
| Tata Capital Ltd. | Financial | 3.20% | ₹39.41 Cr | +3.26% | +3.93% | — |
| Sudeep Pharma Ltd. | Healthcare | 3.19% | ₹39.29 Cr | +1.63% | +1.59% | — |
| Meesho Ltd. | Services | 3.17% | ₹39.02 Cr | +1.92% | +1.68% | — |
| Rubicon Research Ltd. | Healthcare | 3.11% | ₹38.21 Cr | +2.01% | +1.66% | — |
| Emmvee Photovoltaic Power Ltd. | Energy | 3.01% | ₹37.07 Cr | +3.73% | +2.55% | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 3.01% | ₹37.04 Cr | +2.56% | — | — |
| Urban Company Ltd. | Consumer Staples | 2.72% | ₹33.42 Cr | +2.05% | +1.46% | — |
| Canara Robeco Asset Management Company Ltd. | Unclassified | 2.50% | ₹30.76 Cr | +2.90% | +3.39% | — |
| Turtlemint Fintech Solutions Ltd. | Financial | 2.29% | ₹28.21 Cr | — | — | — |
| CORONA Remedies Ltd. | Healthcare | 2.08% | ₹25.63 Cr | +1.84% | +1.85% | — |
| SBI Funds Management Ltd. | Financial | 2.07% | ₹25.41 Cr | — | — | — |
| Shadowfax Technologies Ltd. | Services | 2.00% | ₹24.56 Cr | +1.35% | +0.96% | — |
| Aequs Ltd. | Technology | 1.99% | ₹24.43 Cr | +1.91% | +1.28% | — |
| Sai Life Sciences Ltd. | Healthcare | 1.82% | ₹22.33 Cr | +1.77% | +2.26% | +3.84% |
| Tenneco Clean Air India Ltd | Automobile | 1.74% | ₹21.37 Cr | +2.22% | +2.50% | — |
| Omnitech Engineering Ltd. | Capital Goods | 1.62% | ₹19.89 Cr | +1.82% | — | — |
| Central Mine Planning & Design Institute Ltd. | Materials | 1.60% | ₹19.63 Cr | +1.38% | — | — |
| Nifty 50 | Financial | 1.56% | ₹19.23 Cr | +1.88% | +2.28% | +2.11% |
| Physicswallah Ltd. | Services | 1.53% | ₹18.79 Cr | +1.72% | +1.59% | — |
| Vishal Mega Mart Ltd. | Services | 1.48% | ₹18.26 Cr | +2.67% | +3.20% | +5.17% |
| Aditya Infotech Ltd. | Communication | 1.45% | ₹17.83 Cr | +4.98% | +3.06% | +1.23% |
| Inventurus Knowledge Solutions Ltd. | Services | 1.34% | ₹16.48 Cr | +1.59% | +1.56% | +2.02% |
| company:20756 | Energy | 1.25% | ₹15.36 Cr | — | — | — |
| Laser Power & Infra Ltd. | Capital Goods | 1.19% | ₹14.69 Cr | — | — | — |
| CMR Green Technologies Ltd. | Metals & Mining | 1.13% | ₹13.85 Cr | — | — | — |
| WeWork India Management Ltd. | Services | 1.03% | ₹12.68 Cr | +1.11% | +1.04% | — |
| company:20795 | Technology | 1.03% | ₹12.65 Cr | — | — | — |
| Studds Accessories Ltd. | Automobile | 1.00% | ₹12.31 Cr | +1.26% | +1.63% | — |
| Pine Labs Ltd. | Financial | 0.95% | ₹11.74 Cr | +1.03% | +1.54% | — |
| Midwest Ltd. | Materials | 0.94% | ₹11.51 Cr | +1.24% | +1.40% | — |
| INDO-MIM Ltd. | Capital Goods | 0.91% | ₹11.14 Cr | — | — | — |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 0.89% | ₹10.89 Cr | +0.97% | — | — |
| Bharti Hexacom Ltd. | Communication | 0.88% | ₹10.82 Cr | +1.04% | +1.28% | +1.92% |
| Fractal Analytics Ltd. | Technology | 0.87% | ₹10.65 Cr | +1.25% | +0.71% | — |
| Kusumgar Ltd. | Textiles | 0.85% | ₹10.47 Cr | — | — | — |
| company:20772 | Consumer Staples | 0.85% | ₹10.43 Cr | — | — | — |
| company:20770 | Capital Goods | 0.77% | ₹9.53 Cr | — | — | — |
| company:20814 | Services | 0.77% | ₹9.48 Cr | — | — | — |
| Capillary Technologies India Ltd. | Technology | 0.75% | ₹9.17 Cr | +0.95% | +1.08% | — |
| Orkla India Ltd. | Consumer Staples | 0.71% | ₹8.70 Cr | +0.89% | +0.97% | — |
| TruAlt Bioenergy Ltd. | Energy | 0.70% | ₹8.59 Cr | +0.97% | +0.91% | — |
| company:20750 | Healthcare | 0.62% | ₹7.64 Cr | — | — | — |
| company:20769 | Healthcare | 0.59% | ₹7.22 Cr | — | — | — |
| Wakefit Innovations Ltd. | Consumer Discretionary | 0.45% | ₹5.58 Cr | +0.47% | +0.81% | — |
| Amagi Media Labs Ltd. | Technology | 0.42% | ₹5.11 Cr | +0.10% | +0.11% | — |
| company:20823 | Healthcare | 0.41% | ₹5.00 Cr | — | — | — |
| company:20818 | Capital Goods | 0.40% | ₹4.91 Cr | — | — | — |
| GK Energy Ltd. | Capital Goods | 0.27% | ₹3.35 Cr | +0.31% | +0.32% | — |
| Seshaasai Technologies Ltd. | Services | 0.26% | ₹3.25 Cr | +0.22% | +0.23% | — |
| Jain Resource Recycling Ltd. | Metals & Mining | 0.17% | ₹2.03 Cr | +0.27% | +0.21% | — |
| Reserve Bank of India | Financial | 0.12% | ₹1.50 Cr | +0.15% | +0.17% | +0.32% |
| Bagmane Prime Office REIT | Construction | 0.07% | ₹0.81 Cr | +0.08% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Others | 0.00% | 4.82% | +4.82% |
| Aditya Infotech Ltd. | 3.37% | 1.45% | -1.92% |
| JSW Cement Ltd. | 1.45% | 0.00% | -1.45% |
| company:20756 | 0.00% | 1.25% | +1.25% |
| company:20795 | 0.00% | 1.03% | +1.03% |
| Meesho Ltd. | 2.23% | 3.17% | +0.94% |
| Ather Energy Ltd. | 3.94% | 4.82% | +0.88% |
| company:20772 | 0.00% | 0.85% | +0.85% |
| company:20770 | 0.00% | 0.77% | +0.77% |
| company:20814 | 0.00% | 0.77% | +0.77% |
| Hexaware Technologies Ltd. | 0.76% | 0.00% | -0.76% |
| ICICI Prudential Asset Management Company Ltd. | 6.16% | 5.44% | -0.72% |
| All Time Plastics Ltd. | 0.65% | 0.00% | -0.65% |
| company:20750 | 0.00% | 0.62% | +0.62% |
| Sudeep Pharma Ltd. | 2.59% | 3.19% | +0.60% |
| company:20769 | 0.00% | 0.59% | +0.59% |
| Vishal Mega Mart Ltd. | 1.94% | 1.48% | -0.46% |
| INDO-MIM Ltd. | 0.47% | 0.91% | +0.44% |
| company:20823 | 0.00% | 0.41% | +0.41% |
| company:20818 | 0.00% | 0.40% | +0.40% |
| Billionbrains Garage Ventures Ltd. | 4.05% | 3.67% | -0.38% |
| Anthem Biosciences Ltd. | 0.37% | 0.00% | -0.37% |
| Tata Capital Ltd. | 3.54% | 3.20% | -0.34% |
| Lenskart Solutions Ltd. | 3.05% | 3.39% | +0.34% |
| Omnitech Engineering Ltd. | 1.94% | 1.62% | -0.32% |
| Vikram Solar Ltd. | 0.31% | 0.00% | -0.31% |
| Canara Robeco Asset Management Company Ltd. | 2.81% | 2.50% | -0.31% |
| Emmvee Photovoltaic Power Ltd. | 3.31% | 3.01% | -0.30% |
| Physicswallah Ltd. | 1.83% | 1.53% | -0.30% |
| CORONA Remedies Ltd. | 2.38% | 2.08% | -0.30% |
| Atlanta Electricals Ltd. | 4.01% | 4.29% | +0.28% |
| Rubicon Research Ltd. | 2.84% | 3.11% | +0.27% |
| Inventurus Knowledge Solutions Ltd. | 1.59% | 1.34% | -0.25% |
| Tenneco Clean Air India Ltd | 1.97% | 1.74% | -0.23% |
| WeWork India Management Ltd. | 1.25% | 1.03% | -0.22% |
| Urban Company Ltd. | 2.52% | 2.72% | +0.20% |
| Midwest Ltd. | 1.13% | 0.94% | -0.19% |
| Nifty 50 | 1.76% | 1.56% | -0.19% |
| Central Mine Planning & Design Institute Ltd. | 1.79% | 1.60% | -0.19% |
| Amagi Media Labs Ltd. | 0.24% | 0.42% | +0.18% |
| Clean Max Enviro Energy Solutions Ltd. | 1.06% | 0.89% | -0.17% |
| Turtlemint Fintech Solutions Ltd. | 2.13% | 2.29% | +0.16% |
| Bharti Hexacom Ltd. | 1.02% | 0.88% | -0.14% |
| LG Electronics India Ltd. | 5.20% | 5.31% | +0.11% |
| Studds Accessories Ltd. | 1.10% | 1.00% | -0.10% |
| SEDEMAC Mechatronics Ltd. | 2.91% | 3.01% | +0.10% |
| Shadowfax Technologies Ltd. | 2.09% | 2.00% | -0.09% |
| Capillary Technologies India Ltd. | 0.84% | 0.75% | -0.09% |
| Aequs Ltd. | 2.08% | 1.99% | -0.09% |
| Laser Power & Infra Ltd. | 1.27% | 1.19% | -0.08% |
| TruAlt Bioenergy Ltd. | 0.77% | 0.70% | -0.07% |
| Jain Resource Recycling Ltd. | 0.23% | 0.17% | -0.06% |
| Kusumgar Ltd. | 0.79% | 0.85% | +0.06% |
| Pine Labs Ltd. | 0.90% | 0.95% | +0.05% |
| Fractal Analytics Ltd. | 0.92% | 0.87% | -0.05% |
| CMR Green Technologies Ltd. | 1.18% | 1.13% | -0.05% |
| SBI Funds Management Ltd. | 2.03% | 2.07% | +0.04% |
| Brigade Hotel Ventures Ltd. | 0.04% | 0.00% | -0.04% |
| Orkla India Ltd. | 0.74% | 0.71% | -0.03% |
| GK Energy Ltd. | 0.29% | 0.27% | -0.02% |
| Wakefit Innovations Ltd. | 0.43% | 0.45% | +0.02% |
| Reserve Bank of India | 0.14% | 0.12% | -0.02% |
| Seshaasai Technologies Ltd. | 0.26% | 0.26% | 0.00% |
| Sai Life Sciences Ltd. | 1.82% | 1.82% | 0.00% |
| Bagmane Prime Office REIT | 0.07% | 0.07% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹4,635 Cr | 2.08% | 12.2% | 13.7% | 13.6% |
 HDFC Defence Fund | ₹11,478 Cr | 1.80% | 32.5% | 26.6% | — |
 ICICI Prudential Commodities Fund | ₹4,277 Cr | 1.96% | 8.3% | 11.4% | 15.2% |
| ICICI Prudential Exports and Services Fund | ₹1,549 Cr | 2.29% | 0.6% | 6.6% | 12.4% |
 SBI Comma Fund | ₹1,237 Cr | 2.28% | 7.4% | 10.2% | 13.1% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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).
Fund managers
- Bharat LahotiMr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
- Bhavesh JainMr. Jain is a MMS (Finance) from Mumbai University.Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
₹
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months33.55% absolute | ₹60,000 | ₹80,130 | 33.55% | |
| 1 year18.92% annualised | ₹1,20,000 | ₹1,33,038 | 10.86% | |
| 3 years17.13% annualised | ₹3,60,000 | ₹4,73,022 | 31.39% | |
| 5 years10.49% annualised | ₹6,00,000 | ₹7,91,339 | 31.89% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.
What is the NAV of Edelweiss Recently Listed IPO Fund?
The NAV of Edelweiss Recently Listed IPO Fund is ₹32.91 as on 24 Sep 2026.
What is the expense ratio of Edelweiss Recently Listed IPO Fund?
The expense ratio of Edelweiss Recently Listed IPO Fund is 2.34% per year.
What is the minimum SIP amount for Edelweiss Recently Listed IPO Fund?
You can start a SIP in Edelweiss Recently Listed IPO Fund with ₹3,000 a month.
What returns has Edelweiss Recently Listed IPO Fund given?
Edelweiss Recently Listed IPO Fund has returned 36.1% over 1 year, 17.6% over 3 years and 16.7% over 5 years (annualised).
Is there a lock-in or exit load on Edelweiss Recently Listed IPO Fund?
Lock-in: None. Exit load: Exit load of 2% if redeemed within 6 months..
How risky is Edelweiss Recently Listed IPO Fund?
Edelweiss Recently Listed IPO Fund is rated Very High on the SEBI riskometer and belongs to the Thematic category.
Which fund house manages Edelweiss Recently Listed IPO Fund?
Edelweiss Recently Listed IPO Fund is managed by Edelweiss Mutual Fund, which runs 59 schemes with ₹1,95,092 Cr under management.