Edelweiss Mutual Fund

Edelweiss Mutual Funds, managed by Edelweiss Asset Management Limited, is one of the youngest and most dynamic mutual fund houses in the country. Edelweiss Financial Services Ltd. is the parent company which is in control of the entire group of companies.

Edelweiss Financial Services commenced its operations in 1996 and has been a key driver of the Indian financial sector ever since. It got the license to deal in mutual funds in 2008, amongst the global economic slowdown. Despite the odds stacked against them, they set up Edelweiss Asset Management Ltd. (EAML) and launched mutual funds in a market that was showing no signs of picking up.

However, with their brilliant investment strategy and a broad portfolio of funds, Edelweiss Mutual Funds soon picked up the pace and has been growing at a brisk pace ever since. Apart from mutual funds, EAML also deals in Alternative Investments.

Currently, EAMC offers a portfolio of 84 funds to its investors. Their total Assets Under Management (AuM) stands at Rs. 11,841 Crore, making them one of the largest AMCs in India. The AMC has branches at 11 locations across the country.

The primary aim of the AMC is to present its investors with the broadest range of investment products and the necessary customer support to maximise wealth creation. Broadly speaking, there are three types of funds that you can invest in through EAML- Equity, Debt and Liquid.

Unlike traditional AMCs, EAML relies on innovation and an unconventional approach to investing. As a result, EAML is considered one of the most tech-friendly investment houses in the country, arguably the only one that focuses extensively on the digital experience of their clients.

About Sponsor

Edelweiss Asset Management Limited is sponsored and managed by Edelweiss Financial Services Limited, an Indian conglomerate operating in the financial services sector of the country since 1996.

The company started as a tailored investment bank, specialising in mergers & acquisitions, private equity syndication and similar advisory services. It soon spread its wings to other areas of finance, offering its clients a broad range of financial products and services cutting across asset classes and consumer segments, both locally and on a global scale.

The next stage of development came when they acquired the license of being a merchant bank at the turn of the millennium. At this point, they focused on helping start-ups raise capital through the non-IPO mediums such as Private Equity Funds and Venture Capital.

The growth of the company continued unabated in the following decade. They added the Non-banking Financial Company and Institutional Broking to their portfolio of services. They followed it up by setting the Edelweiss Global Wealth Management in 2007, the Indian extension of which is Edelweiss Asset Management Limited.

Edelweiss strongly associates itself with corporate social responsibilities. They gave it a formal stance by establishing the EdelGive Foundation, a charitable organisation focussed on the livelihood and education of the underprivileged.

The growth trajectory of Edelweiss followed the same path going into the second decade of the 21st century, as they acquired Anagram Capital in 2010. The following year, they expanded to the Japanese market by entering into a joint venture with Tokio Marine, a Japanese insurance company.

Their landmark deal came in the year 2016 when they acquired the entire fund portfolio of JP Morgan Asset Management India.

Key information

Mutual fundEdelweiss Mutual Fund
Set up30 April 2008
Incorporated23 August 2007
SponsorsEdelweiss Financial Services Limited
TrusteeEdelweiss Trusteeship Company Limited
MD and CEORadhika Gupta
CIODhawal Dalal, Harshad Patwardhan
Investor Service OfficerMayur Jadhav
Compliance OfficerVijaylaxmi Khatri

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How can you invest in Edelweiss Mutual Funds?

Edelweiss is one of the most innovative and technology-oriented asset management companies. You can invest in Edelweiss Mutual Fund online conveniently and securely. The online facility not only facilitates the process but also makes it entirely transparent, eliminating any areas of ambiguity.

You may invest in their mutual funds by following this step-by-step guide.

Step 1: Visit the Groww website from your browser. Existing members can simply log in, while new users need to do a one-time registration.

Step 2: Submit documents that prove your identity. You may use your KYC documents such as Aadhaar, Voter ID card, Passport, PAN, Driving Licence or any other government-issued identity card for the purpose.

Step 3: Submit your address proof documents. Apart from your KYC documents (except PAN), Ration card, utility bills or house rent agreement are also valid.

Step 4: The next step is choosing your investment tenure. It can be a short-term, mid-term or long-term investment.

Step 5: Select your risk appetite on the next prompt. The available choices are low, medium and high risk.

Step 6: A list of mutual funds corresponding to your choices shall appear on the screen. Choose a mutual fund that you want to invest in.

Step 7: There will be two options – “Invest One Time” and “Start SIP”. Select one depending on whether you want to invest a lump sum amount at one go or start a SIP.

That completes the Edelweiss Mutual Fund online investment procedure.

It’s a straightforward process, which shouldn’t take more than a few minutes. The investment will be processed promptly, and the change shall be visible on your Groww account within the next 3 to 4 working days.

Top Performing Edelweiss Mutual Funds

Fund NameCategoryRisk1Y ReturnsRatingFund Size(in Cr)
Edelweiss Dynamic Bond FundDebtModerate16.5%5star55
Edelweiss Government Securities FundDebtModerate15.2%5star81
Edelweiss Large Cap FundEquityModerately High14.6%4star163
Edelweiss Arbitrage FundHybridModerately Low7.2%4star3,855
Edelweiss Small Cap FundEquityN.A4star407
Edelweiss Liquid FundDebtLow7.3%4star2,191
Edelweiss Equity Savings FundHybridModerately High9.4%4star113
Edelweiss Multi Cap FundEquityHigh13.1%4star456
Edelweiss Maiden Opportunities Fund - Series 1EquityModerately High13.3%3star325
Edelweiss Long Term Equity Fund (Tax Savings)EquityModerately High14.4%3star107
Edelweiss Mid Cap FundEquityHigh8.1%3star920
Edelweiss Multi Asset Allocation FundEquityModerately High11.8%3star7
Edelweiss Large & Mid Cap FundEquityModerately High14.5%3star456
Edelweiss Balanced Advantage FundHybridModerately High10.7%3star1,442
Edelweiss US Value Equity Offshore FundOthersHigh3.4%3star42
View All Top Performing Edelweiss Mutual Funds

Top Fund Managers

1. Mr. Harshad Patwardhan

Mr. Harshad Patwardhan is the Chief Investment Officer- Equities at Edelweiss Asset Management. Mr. Patwardhan has almost 25 years of industry experience at various firms in various capacities.

He was an Executive Director and Head of Equities at JP Morgan Asset Management India before Edelweiss. He was elevated to the post of CIO when Edelweiss acquired the schemes of JP Morgan in 2016. Prior to his stint at JP Morgan, Mr. Patwardhan had held senior Research Analyst posts at various MNC brokerage firms.

Academically, Mr. Patwardhan is a 1991 batch B.Tech graduate from IIT-Bombay and an MBA in Finance from IIM-Lucknow. He has also earned his CFA degree from the CFA Institute.

At Edelweiss, Mr. Patwardhan is in-charge of handling a team of Fund Managers as well as all of its Equity mutual funds. Personally, he manages 12 funds with an estimated AuM of Rs. 2,006 Crore. Among several others, he manages Edelweiss Large & Mid Cap Fund, Edelweiss Multi-Cap Fund, and Edelweiss Mid Cap Fund. All these funds have returned over 12% YoY.

2. Mr. Dhawal Dalal

With over two decades of industry experience, Mr. Dhawal Dalal is the Chief Investment Officer- Debt at Edelweiss Asset Management.

Mr. Dalal began his career at Merill Lynch Asset Management way back in 1996 as a Research Associate. He left the company in 1998 to join DSP BlackRock Mutual Fund where he spent a staggering 18 years. He left the company in 2016 as an Executive Vice President and the Head of Fixed Income in 2016 to join Edelweiss. At DSP BlackRock, he managed assets worth $250 billion for his clients. He was also a member of the AMFI Val Com and has assisted them in framing some of the most industry-defining regulations.

Mr. Dalal has been associated with Edelweiss Mutual Funds for close to 3 years now and manages 35 schemes himself, apart from overseeing the Debt investment team. He handles a total AuM of Rs. 3,940 Crore which includes some notable funds like Edelweiss Government Securities Fund, Edelweiss Dynamic Bond, Edelweiss Banking & PSU Debt Fund and Edelweiss Short Term Fund.

Mr. Dalal is an MBA in MBA in Banking, Corporate Finance and Securities from the University of Dallas. He is also a B.E in Mechanical Engineering from LD College of Engineering in Ahmedabad.

3. Mr. Nalin Moniz

Mr. Nalin Moniz is the Chief Investment Officer- Alternative Equities at Edelweiss Asset Management. He graduated the famed Jerome Fisher Program in Management and Technology from the reputed University of Pennsylvania. He also holds joint degrees from Moore School and Wharton School in Computer Science and Economics respectively.

An entrepreneur at heart, Mr. Moniz started as a Portfolio Manager for Goldman Sachs Asset Management. He left that post after almost 4 years to start his own alternative asset management firm in India by the name of Forefront Capital Management. For a start-up with practically no corporate backing, the firm was doing exceptionally well, which led to Edelweiss acquiring them in 2014 and retaining Mr. Moniz as their CIO- Alternative Equities.

A multiple-time nominee of the Eureka Hedge Fund of the Year Award, Mr. Moniz played a stellar role in helping Edelweiss acquire Ambit Capital’s AIF wing in 2016. He also spearheads the portfolio management and research wing of Alternative Equities at Edelweiss.

A marathon enthusiast, Mr. Moniz personally manages Edelweiss’ flagship fund, the Edelweiss Alternative Equity Fund which has compounded at over 23% over the last 4 years. This fund was nominated for the Best Asian Multi-Strategy Fund in 2018.

4. Mr. Pranav Parikh

Mr. Pranav Parikh is the Chief Invest Officer- Private Equity at Edelweiss Asset Management. He has nearly 20 years of experience under his belt in both Indian and American economies.

Mr. Parikh is among the few Fund Managers to have generated positive returns during two of the most catastrophic economic cycles- the dot-com bubble burst between 1999 and 2003, and the 2008 global financial crisis. He was a Portfolio Manager at Q Investments in Texas during the former, and the Managing Director of the same company’s Indian wing during the latter.

He left Q Investments in 2012 to join Fountainhead Ventures as a Managing Director till 2015, after which he took up his current position at Edelweiss Mutual Funds. He is one of the driving forces behind the setting up of the Private Equity and Venture Capital sections at Edelweiss.

5. Mr. Gautam Kaul

Mr. Gautam Kaul is a designated Fund Manager for Fixed Income at Edelweiss Asset Management. Mr. Kaul brings with himself almost two decades of experience in fund management at multiple leading AMCs.

An MBA in Finance from Savitribai Phule Pune University, Mr. Kaul began his career at Mata Securities in 2001. He left the company to join Sahara India Mutual Fund where he worked for 1 year before moving on to Lotus India Asset Management Company. After a 2 year stint with the AMC, Mr. Kaul joined Religare Asset Management Company and finally, IDBI Asset Management Ltd., where he was a Fund Manager for almost 7 years.

Mr. Kaul left IDBI in 2016 to join Edelweiss Mutual Fund, where he currently manages 54 schemes with a net AuM of Rs. 5,417 Crore. Edelweiss Dynamic Bond Fund, Edelweiss Banking & PSU Debt Fund, Edelweiss Multi Asset Allocation Fund Direct and Edelweiss Government Securities Fund are some of the key funds in his portfolio. The Edelweiss Dynamic Bond Fund deserves a special mention as it has generated over 15% returns YoY.

6. Mr. Nilesh Saha

Mr. Nilesh Saha is a young and dynamic Fund Manager at Edelweiss Mutual Fund. He joined the firm in 2014 after earning his B.Tech degree from BITS, Pilani. In his relatively short career, Mr. Saha has gone from strength to strength and is currently one of the top Fund Managers at Edelweiss, managing two of its flagship funds- the Edelweiss Alternative Equity Fund and Edelweiss Catalyst Opportunities Fund.

He is a specialist in the Alternative Investment industry, having watched it closely during his brief stint at Goldman Sachs. Along with the flagship funds mentioned above, Mr. Saha also manages the Edelweiss Balanced Advantage Fund and Edelweiss Multi Asset Allocation Fund.

7. Mr. Harsh Kothari

Mr. Harsh Kothari has nearly a decade of experience in the financial markets of India and America. He is the Fund Manager in charge of Edelweiss Long Term Equity Fund and Edelweiss Tax Advantage Fund.

Before joining Edelweiss Mutual Fund, Mr. Kothari was a Research Analyst at J.P Morgan Asset Management for three and a half years. He was a Senior Associate at Morgan Stanley Fund Services before that.

Mr. Kothari joined Edelweiss Mutual Fund as a Research Analyst before being elevated to the post of Fund Manager. Apart from managing funds, he is also involved in devising investment strategies and client interactions.

Mr. Kothari is an MBA in Accounting in Finance and Accounting from MET League of Colleges as well as a BMS in International Finance from the University of Mumbai.

8. Mr. Pratik Dharmshi

Mr. Pratik Dharamshi is a Fund Manager with Edelweiss Mutual Funds. He has done his MBA in Finance as well as BMS from the University of Mumbai.

Mr. Dharmshi joined the Edelweiss team in 2017 and has been a pivotal part of it ever since. Before that, he worked at JP Morgan India as a Research Analyst. He was also serving the same position at Morgan Stanley Advantage Services before his stint with JP Morgan.

At Edelweiss, Mr. Dharamshi oversees the Edelweiss Long Term Equity Fund and Edelweiss Tax Advantage Fund, among several others. The former clocked an 11.37% return for FY18 while the Tax Advantage Fund returned 10.02%.

Let's have a closer look

Now let us jump and check about these top 10 mutual fund schemes.

Edelweiss Dynamic Bond Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Dynamic segment. It has given a commendable 7.77% annual returns in the last three years. In the previous year, it delivered 16.52% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM55Cr
1Y Returns16.5%

Edelweiss Government Securities Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Gilt segment. It has given a commendable 8.04% annual returns in the last three years. In the previous year, it delivered 15.16% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM81Cr
1Y Returns15.2%

Edelweiss Large Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Large Cap segment. It has given a commendable 10.76% annual returns in the last three years. In the previous year, it delivered 14.62% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM163Cr
1Y Returns14.6%

Edelweiss Arbitrage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Arbitrage segment. It has given a commendable 6.91% annual returns in the last three years. In the previous year, it delivered 7.19% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹NaN
AUM3,855Cr
1Y Returns7.2%

Edelweiss Small Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Small Cap segment. It has given a commendable NA annual returns in the last three years. In the previous year, it delivered NA returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM407Cr
1Y ReturnsNA

Edelweiss Liquid Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Liquid segment. It has given a commendable 7.06% annual returns in the last three years. In the previous year, it delivered 7.26% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹5,000. It is one of most notable Debt mutual funds in India.

Min Investment Amt₹NaN
AUM2,191Cr
1Y Returns7.3%

Edelweiss Equity Savings Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Equity Savings segment. It has given a commendable 8.29% annual returns in the last three years. In the previous year, it delivered 9.37% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹NaN
AUM113Cr
1Y Returns9.4%

Edelweiss Multi Cap Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Multi Cap segment. It has given a commendable 11.61% annual returns in the last three years. In the previous year, it delivered 13.11% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM456Cr
1Y Returns13.1%

Edelweiss Maiden Opportunities Fund Series 1 Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Diversified segment. It has given a commendable NA annual returns in the last three years. In the previous year, it delivered 13.25% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM325Cr
1Y Returns13.3%

Edelweiss Long Term Equity Fund (Tax Savings) Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in ELSS segment. It has given a commendable 7.75% annual returns in the last three years. In the previous year, it delivered 14.37% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM107Cr
1Y Returns14.4%

Edelweiss Mid Cap Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 6.5% annual returns in the last three years. In the previous year, it delivered 8.05% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM920Cr
1Y Returns8.1%

Edelweiss Aggressive Hybrid Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Mid Cap segment. It has given a commendable 7.96% annual returns in the last three years. In the previous year, it delivered 11.76% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM7Cr
1Y Returns11.8%

Edelweiss Large & Mid Cap Direct Plan Growth

Fund Performance: This fund has consistently performed above the benchmark in Large & Mid Cap segment. It has given a commendable 10.32% annual returns in the last three years. In the previous year, it delivered 14.53% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹1,000. It is one of most notable Equity mutual funds in India.

Min Investment Amt₹NaN
AUM456Cr
1Y Returns14.5%

Edelweiss Balanced Advantage Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in Balanced Advantage segment. It has given a commendable 8.97% annual returns in the last three years. In the previous year, it delivered 10.66% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Hybrid mutual funds in India.

Min Investment Amt₹NaN
AUM1,442Cr
1Y Returns10.7%

Edelweiss US Value Equity Offshore Fund Direct Growth

Fund Performance: This fund has consistently performed above the benchmark in FoF Overseas segment. It has given a commendable 10.99% annual returns in the last three years. In the previous year, it delivered 3.42% returns.

Why to invest: This fund has performed better than other funds in the same category. The minimum SIP investment amount required to invest in this scheme is ₹500. It is one of most notable Others mutual funds in India.

Min Investment Amt₹NaN
AUM42Cr
1Y Returns3.4%

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