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 ₹492 Cr and the Latest NAV as of 11 Dec 2019 is ₹15.57.
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.
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.
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)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 12 months