Nifty AWE 3.5 Year NPP
Edelweiss (via Nuvama) · Nifty 50 · 24,271 live
A 6.2x booster on Nifty gains beyond 5%, capped at 62%, with equity-like downside over 3.5 years.
How well this structure fits each investor profile, derived from its protection, return potential and downside. It is a fit score, not a quality grade. Best fit here: Aggressive.
No principal protection, so it carries up to 60% downside.
Balances 0% protection with up to 62% upside.
Prioritises up to 62% upside, accepting up to 60% downside.
What is this product
A 42-month non-principal-protected Nifty MLD (All Weather Equity, NPP) that pays 6.2 times the Nifty gain above a 5% hurdle up to a 62% cap, while the downside mirrors direct equity exposure.
- 01No return accrues until the Nifty gain over the term is more than 5%.
- 02Above the hurdle you earn 6.2% for each additional 1% of Nifty gain, so a 15% Nifty rise pays the full 62% cap.
- 03If the Nifty ends below the entry level, the loss is one-for-one with the index; principal is not protected.
- 04Entry level averages the Nifty over the first 5 F&O expiries; exit level averages the closes from the 31st to the 36th month. Held in multiples of ₹1 L face value.
Payoff visualisation
Indicative profile of the structure's mechanics at maturity, not a forecast.
Investor return (gold) vs 1:1 underlying (blue)
Scenario analysis
Illustrative investor return across a grid of underlying-return shocks at maturity. Pre-tax and post-cost; returns are not guaranteed and past performance is not indicative of future results.
| Underlying at maturity | -30% | -20% | -10% | +0% | +10% | +20% | +30% |
|---|---|---|---|---|---|---|---|
| Investor return | -30.0% | -20.0% | -10.0% | +0.0% | +31.0% | +62.0% | +62.0% |
Historical simulation
The payoff run over the REAL Nifty 50 path in each regime.
A deep equity bear market.
A fast, sharp drawdown.
A strong recovery and rally.
A largely range-bound market.
Risk analytics
- 6.2x geared participation above a low 5% hurdle
- Higher booster than the principal-protected AWE+ variant
- Averaging of entry and exit levels dampens timing risk
- No principal protection; full 1x equity downside
- No return if the Nifty gains 5% or less
- Upside capped at 62%, plus issuer credit and low liquidity
Suitable market conditions
Boosted upside notes that give a higher geared participation (a 14 to 15% IRR at the cap) in exchange for one-for-one downside with the index. No principal protection.
Documents and downloads
The official term sheet and offer document for this structure are available on request. Always read them before investing.