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Edelweiss Equity Savings Fund Direct Bonus

Hybrid
Equity Savings
Moderately High Risk
9.66%
3Y annualised
+0.30% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 27 May 2022₹19.13
Min. SIP amountNA
Rating5
Fund size₹324.47Cr

Returns and rankings

Category: Hybrid Equity Savings
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.3%9.7%9.1%8.9%
Category average20.4%8.3%8.2%NA
Rank with in category1132NA
Understand terms

Holdings (84)

NameSectorInstrumentAssets
GOI
SovereignGOI Sec14.7%
HDFC Bank Ltd.FinancialEquity7.2%
Reliance Industries Ltd.EnergyEquity5.0%
Edelweiss Liquid Super Institutional Direct-Growth
FinancialMutual Fund4.0%
Adani Ports and Special Economic Zone Ltd.ServicesEquity3.3%
ICICI Bank Ltd.FinancialEquity3.3%
Reserve Bank of India
FinancialT-Bills3.1%
Housing Development Finance Corpn. Ltd.FinancialEquity2.9%
Adani Enterprises Ltd.ServicesEquity2.4%
Escorts Ltd.AutomobileEquity2.3%
See All

Pros and cons

Category: Hybrid Equity Savings

Pros

3Y and 5Y annualised returns higher than category average
Exit load is zero
Lower expense ratio: 0.71%
Average credit rating of the fund's holdings: AAA This fund has holdings of the highest quality

Cons

Lower AUM: 321Cr. Funds with lower AUM tend to have higher expense ratio
1Y annualised returns lower than category average by 9.51%

Expense ratio, exit load and tax

Expense ratio: 0.71%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

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.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIPNA

Fund management

Dhawal Dalal
Nov 2016 - Present
View details

Education
Mr. Dalal is a B.E and MBA.
Experience
Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
Also manages these schemes

Bhavesh Jain
Oct 2021 - Present
View details

Education
Mr. Jain is a MMS (Finance) from Mumbai University.
Experience
Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Also manages these schemes

Bharat Lahoti
Sep 2017 - Present
View details

Education
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
Experience
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.
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
801- 802 & 803 - 8th Floor,Windsor Off C.S.T. Road,Kalina-Santacruz (E), Mumbai 400098
Phone
40933400 / 1800-425-0090
Launch Date
30 Apr 2008
Website
NA
Amc Image
Edelweiss Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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FAQs

How to Invest in Edelweiss Equity Savings Fund Direct Bonus?

You can easily invest in Edelweiss Equity Savings Fund Direct Bonus in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:

  • Log on to your Groww account
  • Search for Edelweiss Equity Savings Fund Direct Bonus from the search box
  • In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
  • Once you are done with that, you can start investing in Edelweiss Equity Savings Fund Direct Bonus as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Edelweiss Equity Savings Fund Direct Bonus provide?

The Edelweiss Equity Savings Fund Direct Bonus has been there from 13 Oct 2014 and the average annual returns provided by this fund is 6.26% since its inception.

How much expense ratio is charged by Edelweiss Equity Savings Fund Direct Bonus?

The term Expense Ratio used for Edelweiss Equity Savings Fund Direct Bonus or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund.

The Expense Ratio of Edelweiss Equity Savings Fund Direct Bonus is 0.71% as of 28 May 2022...

What is the AUM of Edelweiss Equity Savings Fund Direct Bonus?

The AUM, short for Assets Under Management of Edelweiss Equity Savings Fund Direct Bonus is ₹324.47Cr as of 28 May 2022.

How to Redeem Edelweiss Equity Savings Fund Direct Bonus?

If you want to sell your Edelweiss Equity Savings Fund Direct Bonus holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Edelweiss Equity Savings Fund Direct Bonus?

You can select either SIP or Lumpsum investment of Edelweiss Equity Savings Fund Direct Bonus based on your investment objective and risk tolerance.

What is the NAV of Edelweiss Equity Savings Fund Direct Bonus?

The NAV of Edelweiss Equity Savings Fund Direct Bonus is ₹19.13 as of 27 May 2022.

What is the PE and PB ratio of Edelweiss Equity Savings Fund Direct Bonus?

The PE ratio ratio of Edelweiss Equity Savings Fund Direct Bonus is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

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