Edelweiss Multi Cap Fund Direct Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 03 Feb 2015. Harshad Patwardhan is the Current Fund Manager of Edelweiss Multi Cap Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹395 Cr and the Latest NAV as of 23 Aug 2019 is ₹14.2.
The Edelweiss Multi Cap Fund Direct Growth is rated High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months.
Investment Objective
The primary investment objective of the Scheme is to generate long term capital appreciation, from a diversifi ed portfolio that is substantially constituted of equity and equity related securities of companies with focus on riding economic cycles through dynamic allocation between various sectors and stocks at different stages of economic activity. However, there can be no assurance that the investment objective of the Scheme will be realised.
Tax Implications
Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹500
Min for Second Investment
Exit load of 1% if redeemed within 12 months
Exit Load