Edelweiss Recently Listed IPO Fund
ThematicVery HighOPEN-ENDED
- NAV as on 9 Nov 2026
- ₹32.83+1.23%1 day
- Return since launch
- 14.5%
- 52-week range
- ₹23.75 — ₹33.91
- AUM
- ₹1,276 Cr
Edelweiss Recently Listed IPO Fund is a Thematic equity fund from Edelweiss Mutual Fund with ₹1,276 Cr under management, launched in 2018. Over three years it has returned 15.8% a year, against 11.1% for its category. The expense ratio is 2.57% 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 +22.3% against -5.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 30.6% | +28.3 pts | 2.3% | 2.2% |
| 2Y | 19.7% | +13.6 pts | 6.1% | -0.7% |
| 3Y | 15.8% | +4.7 pts | 11.1% | -0.6% |
| 5Y | 15.8% | +6.7 pts | 9.1% | 5.2% |
| 7Y | 17.0% | +3.6 pts | 13.4% | 9.2% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | -0.3% | −6.5 pts | 6.2% | 6.4% |
| 3M | 3.6% | +5.2 pts | -1.5% | -1.9% |
| 6M | 14.9% | +11.1 pts | 3.8% | 1.9% |
| 1Y | 22.1% | +19.8 pts | 2.3% | -4.9% |
| 2Y | 10.1% | +6.2 pts | 3.8% | -2.8% |
| 3Y | 15.9% | +4.8 pts | 11.1% | 5.3% |
| 5Y | 9.3% | +0.3 pts | 9.1% | 6.1% |
| 7Y | 19.1% | +3.3 pts | 15.8% | 11.7% |
Since launch (2 Feb 2018): 14.5%
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
2.69%
Expense ratio as on 6 Nov 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 1.85%
- Brokerage
- 0.16%
- Transaction charges
- 0.01%
- Statutory levies
- 0.67%
- 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 | 5.55 | 7.46 | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | 1.02 | 1.10 | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.52 | 0.60 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.74 | 0.99 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 20.95 | 19.96 | 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 30 Sep 2026
Asset allocation
- Equity98.4%
- Debt2.4%
Market cap split
- Large13.9%
- Mid13.7%
- Small72.4%
- P/E
- 53.92
- P/B
- 7.90
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| ICICI Prudential Asset Management Company Ltd. | Financial | 5.78% | ₹73.71 Cr | +5.65% | +6.30% | — |
| National Stock Exchange | Financial | 5.32% | ₹67.88 Cr | — | — | — |
| Meesho Ltd. | Services | 5.12% | ₹65.33 Cr | +1.86% | +1.80% | — |
| Shadowfax Technologies Ltd. | Services | 4.00% | ₹51.01 Cr | +1.46% | +0.98% | — |
| SEDEMAC Mechatronics Ltd. | Capital Goods | 3.97% | ₹50.67 Cr | +3.20% | +1.65% | — |
| Sudeep Pharma Ltd. | Healthcare | 3.63% | ₹46.26 Cr | +1.72% | +1.59% | — |
| Ather Energy Ltd. | Automobile | 3.29% | ₹42.04 Cr | +3.63% | +3.54% | +2.02% |
| Rentomojo Ltd. | Services | 3.20% | ₹40.83 Cr | — | — | — |
| Emmvee Photovoltaic Power Ltd. | Energy | 2.90% | ₹37.02 Cr | +3.64% | +3.05% | — |
| SBI Funds Management Ltd. | Financial | 2.59% | ₹33.11 Cr | — | — | — |
| Atlanta Electricals Ltd. | Capital Goods | 2.52% | ₹32.16 Cr | +4.40% | +3.75% | +0.50% |
| Prasol Chemicals Ltd. | Chemicals | 2.50% | ₹31.89 Cr | — | — | — |
| Billionbrains Garage Ventures Ltd. | Financial | 2.39% | ₹30.53 Cr | +3.34% | +3.11% | — |
| Lenskart Solutions Ltd. | Consumer Discretionary | 2.25% | ₹28.77 Cr | +2.52% | +2.77% | — |
| CORONA Remedies Ltd. | Healthcare | 2.21% | ₹28.26 Cr | +2.00% | +2.09% | — |
| Aequs Ltd. | Technology | 2.19% | ₹27.95 Cr | +2.16% | +1.48% | — |
| Milky Mist Dairy Food Ltd. | Consumer Staples | 2.18% | ₹27.85 Cr | — | — | — |
| Omnitech Engineering Ltd. | Capital Goods | 2.10% | ₹26.75 Cr | +1.82% | +1.32% | — |
| INDO-MIM Ltd. | Capital Goods | 2.04% | ₹26.09 Cr | — | — | — |
| Shiprocket Ltd. | Technology | 1.98% | ₹25.23 Cr | — | — | — |
| Molbio Diagnostics Ltd. | Healthcare | 1.95% | ₹24.87 Cr | — | — | — |
| Tempsens Instruments (India) Ltd. | Capital Goods | 1.86% | ₹23.70 Cr | — | — | — |
| Kanohar Electricals Ltd. | Capital Goods | 1.85% | ₹23.56 Cr | — | — | — |
| Kusumgar Ltd. | Textiles | 1.84% | ₹23.44 Cr | — | — | — |
| Urban Company Ltd. | Consumer Staples | 1.77% | ₹22.60 Cr | +2.08% | +2.03% | +0.73% |
| Dhoot Transmission Ltd. | Capital Goods | 1.75% | ₹22.33 Cr | — | — | — |
| Central Mine Planning & Design Institute Ltd. | Materials | 1.72% | ₹21.97 Cr | +1.33% | +1.09% | — |
| Tenneco Clean Air India Ltd | Automobile | 1.61% | ₹20.52 Cr | +2.07% | +2.38% | — |
| Physicswallah Ltd. | Services | 1.56% | ₹19.95 Cr | +1.85% | +1.72% | — |
| Hero Motors Ltd. | Automobile | 1.55% | ₹19.83 Cr | — | — | — |
| SS Retail Ltd. | Services | 1.47% | ₹18.74 Cr | — | — | — |
| Nifty 50 | Financial | 1.41% | ₹18.01 Cr | +1.76% | +2.17% | +2.07% |
| Others | Others | 1.34% | ₹17.30 Cr | +9.78% | +6.72% | +8.91% |
| Juniper Green Energy Ltd. | Energy | 1.24% | ₹15.85 Cr | — | — | — |
| Turtlemint Fintech Solutions Ltd. | Financial | 1.17% | ₹14.96 Cr | +2.47% | — | — |
| Manipal Health Enterprises Ltd. | Healthcare | 1.11% | ₹14.16 Cr | — | — | — |
| CMR Green Technologies Ltd. | Metals & Mining | 1.06% | ₹13.49 Cr | +1.39% | — | — |
| Laser Power & Infra Ltd. | Capital Goods | 0.97% | ₹12.33 Cr | — | — | — |
| Sai Life Sciences Ltd. | Healthcare | 0.96% | ₹12.20 Cr | +1.74% | +1.81% | +3.88% |
| Pine Labs Ltd. | Financial | 0.94% | ₹12.03 Cr | +1.03% | +1.36% | — |
| Clean Max Enviro Energy Solutions Ltd. | Energy | 0.91% | ₹11.59 Cr | +1.10% | +0.56% | — |
| Rubicon Research Ltd. | Healthcare | 0.89% | ₹11.34 Cr | +2.60% | +1.77% | — |
| Elevate Campuses Ltd. | Construction | 0.85% | ₹10.88 Cr | — | — | — |
| Horizon Industrial Parks Ltd. | Services | 0.83% | ₹10.54 Cr | — | — | — |
| Capillary Technologies India Ltd. | Technology | 0.82% | ₹10.41 Cr | +0.88% | +1.09% | — |
| Amagi Media Labs Ltd. | Technology | 0.77% | ₹9.89 Cr | +0.13% | +0.10% | — |
| Fractal Analytics Ltd. | Technology | 0.72% | ₹9.25 Cr | +1.02% | +0.74% | — |
| Symbiotec Pharmalab Ltd. | Healthcare | 0.53% | ₹6.70 Cr | — | — | — |
| LCC Projects Ltd. | Capital Goods | 0.51% | ₹6.56 Cr | — | — | — |
| Studds Accessories Ltd. | Automobile | 0.50% | ₹6.33 Cr | +1.20% | +1.51% | — |
| Wakefit Innovations Ltd. | Consumer Discretionary | 0.43% | ₹5.47 Cr | +0.43% | +0.70% | — |
| Lumino Industries Ltd. | Capital Goods | 0.37% | ₹4.66 Cr | — | — | — |
| Bharti Hexacom Ltd. | Communication | 0.22% | ₹2.85 Cr | +0.96% | +1.29% | +1.74% |
| Reserve Bank of India | Financial | 0.16% | ₹1.99 Cr | +0.14% | +0.18% | +0.16% |
| Midwest Ltd. | Materials | 0.14% | ₹1.79 Cr | +1.21% | +1.47% | — |
| Bagmane Prime Office REIT | Construction | 0.06% | ₹0.82 Cr | +0.07% | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Stock Exchange | 0.00% | 5.32% | +5.32% |
| LG Electronics India Ltd. | 5.31% | 0.00% | -5.31% |
| Rentomojo Ltd. | 0.00% | 3.20% | +3.20% |
| Tata Capital Ltd. | 3.20% | 0.00% | -3.20% |
| Others | 4.82% | 2.27% | -2.55% |
| Canara Robeco Asset Management Company Ltd. | 2.50% | 0.00% | -2.50% |
| Prasol Chemicals Ltd. | 0.00% | 2.50% | +2.50% |
| Rubicon Research Ltd. | 3.11% | 0.89% | -2.22% |
| Shadowfax Technologies Ltd. | 2.00% | 4.00% | +2.00% |
| Meesho Ltd. | 3.17% | 5.12% | +1.95% |
| Kanohar Electricals Ltd. | 0.00% | 1.85% | +1.85% |
| Atlanta Electricals Ltd. | 4.29% | 2.52% | -1.77% |
| Hero Motors Ltd. | 0.00% | 1.55% | +1.55% |
| Ather Energy Ltd. | 4.82% | 3.29% | -1.53% |
| Vishal Mega Mart Ltd. | 1.48% | 0.00% | -1.48% |
| SS Retail Ltd. | 0.00% | 1.47% | +1.47% |
| Tempsens Instruments (India) Ltd. | 0.40% | 1.86% | +1.46% |
| Aditya Infotech Ltd. | 1.45% | 0.00% | -1.45% |
| Molbio Diagnostics Ltd. | 0.59% | 1.95% | +1.36% |
| Inventurus Knowledge Solutions Ltd. | 1.34% | 0.00% | -1.34% |
| Milky Mist Dairy Food Ltd. | 0.85% | 2.18% | +1.33% |
| Billionbrains Garage Ventures Ltd. | 3.67% | 2.39% | -1.28% |
| Lenskart Solutions Ltd. | 3.39% | 2.25% | -1.14% |
| INDO-MIM Ltd. | 0.91% | 2.04% | +1.13% |
| Turtlemint Fintech Solutions Ltd. | 2.29% | 1.17% | -1.12% |
| WeWork India Management Ltd. | 1.03% | 0.00% | -1.03% |
| Kusumgar Ltd. | 0.85% | 1.84% | +0.99% |
| Dhoot Transmission Ltd. | 0.77% | 1.75% | +0.98% |
| SEDEMAC Mechatronics Ltd. | 3.01% | 3.97% | +0.96% |
| Urban Company Ltd. | 2.72% | 1.77% | -0.95% |
| Shiprocket Ltd. | 1.03% | 1.98% | +0.95% |
| Sai Life Sciences Ltd. | 1.82% | 0.96% | -0.86% |
| Elevate Campuses Ltd. | 0.00% | 0.85% | +0.85% |
| Midwest Ltd. | 0.94% | 0.14% | -0.80% |
| Orkla India Ltd. | 0.71% | 0.00% | -0.71% |
| TruAlt Bioenergy Ltd. | 0.70% | 0.00% | -0.70% |
| Bharti Hexacom Ltd. | 0.88% | 0.22% | -0.66% |
| SBI Funds Management Ltd. | 2.07% | 2.59% | +0.52% |
| LCC Projects Ltd. | 0.00% | 0.51% | +0.51% |
| Studds Accessories Ltd. | 1.00% | 0.50% | -0.50% |
| Manipal Health Enterprises Ltd. | 0.62% | 1.11% | +0.49% |
| Omnitech Engineering Ltd. | 1.62% | 2.10% | +0.48% |
| Sudeep Pharma Ltd. | 3.19% | 3.63% | +0.44% |
| Lumino Industries Ltd. | 0.00% | 0.37% | +0.37% |
| Amagi Media Labs Ltd. | 0.42% | 0.77% | +0.35% |
| ICICI Prudential Asset Management Company Ltd. | 5.44% | 5.78% | +0.34% |
| GK Energy Ltd. | 0.27% | 0.00% | -0.27% |
| Seshaasai Technologies Ltd. | 0.26% | 0.00% | -0.26% |
| Laser Power & Infra Ltd. | 1.19% | 0.97% | -0.22% |
| Aequs Ltd. | 1.99% | 2.19% | +0.20% |
| Jain Resource Recycling Ltd. | 0.17% | 0.00% | -0.17% |
| Nifty 50 | 1.56% | 1.41% | -0.15% |
| Fractal Analytics Ltd. | 0.87% | 0.72% | -0.15% |
| CORONA Remedies Ltd. | 2.08% | 2.21% | +0.13% |
| Tenneco Clean Air India Ltd | 1.74% | 1.61% | -0.13% |
| Symbiotec Pharmalab Ltd. | 0.41% | 0.53% | +0.12% |
| Central Mine Planning & Design Institute Ltd. | 1.60% | 1.72% | +0.12% |
| Emmvee Photovoltaic Power Ltd. | 3.01% | 2.90% | -0.11% |
| Capillary Technologies India Ltd. | 0.75% | 0.82% | +0.07% |
| CMR Green Technologies Ltd. | 1.13% | 1.06% | -0.07% |
| Horizon Industrial Parks Ltd. | 0.77% | 0.83% | +0.06% |
| Reserve Bank of India | 0.12% | 0.16% | +0.04% |
| Physicswallah Ltd. | 1.53% | 1.56% | +0.03% |
| Clean Max Enviro Energy Solutions Ltd. | 0.89% | 0.91% | +0.02% |
| Wakefit Innovations Ltd. | 0.45% | 0.43% | -0.02% |
| Bagmane Prime Office REIT | 0.07% | 0.06% | -0.01% |
| Juniper Green Energy Ltd. | 1.25% | 1.24% | -0.01% |
| Pine Labs Ltd. | 0.95% | 0.94% | -0.01% |
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 | ₹4,491 Cr | 2.08% | 7.1% | 10.9% | 12.3% |
 HDFC Defence Fund | ₹11,493 Cr | 1.79% | 18.8% | 20.9% | — |
 ICICI Prudential Commodities Fund | ₹3,874 Cr | 1.96% | -1.4% | 7.0% | 12.1% |
| ICICI Prudential Exports and Services Fund | ₹1,442 Cr | 2.28% | 7.3% | 7.6% | 12.9% |
 SBI Comma Fund | ₹1,156 Cr | 2.31% | 3.6% | 8.1% | 11.7% |
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 months14.87% absolute | ₹60,000 | ₹68,922 | 14.87% | |
| 1 year22.08% annualised | ₹1,20,000 | ₹1,35,366 | 12.81% | |
| 3 years15.90% annualised | ₹3,60,000 | ₹4,63,567 | 28.77% | |
| 5 years9.31% annualised | ₹6,00,000 | ₹7,66,310 | 27.72% |
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 ₹32.83 as on 9 Nov 2026.
What is the expense ratio of Edelweiss Recently Listed IPO Fund?
The expense ratio of Edelweiss Recently Listed IPO Fund is 2.57% 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 30.6% over 1 year, 15.8% over 3 years and 15.8% 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 ₹2,00,981 Cr under management.