Fund Details
Edelweiss Equity Savings Fund Direct IDCW Monthly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.62% |
| NAV | ₹14.28 (23 Jul 2021) |
|---|---|
| Fund Started | 07 Nov 2017 |
| Fund Size | ₹148 Cr |
Returns
Comparison
1. 3Y Returns are higher than the category average returns
2. 5Y Returns are higher than the category average returns
3. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Edelweiss Liquid Super Institutional Direct-Growth | Financial | Mutual Fund | 8.5% |
| GOI | Sovereign | GOI Sec | 8.1% |
| Adani Ports and Special Economic Zone Ltd. | Services | Equity | 6.0% |
| Kotak Mahindra Bank Ltd. | Financial | Equity | 4.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 4.2% |
| Reliance Industries Ltd. | Energy | Equity | 3.9% |
| Infosys Ltd. | Technology | Equity | 3.5% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 3.5% |
| ICICI Bank Ltd. | Financial | Equity | 2.5% |
| Bharti Airtel Ltd. | Communication | Equity | 2.2% |
Fund Managers
Edelweiss Equity Savings Fund Direct IDCW Monthly Details
Edelweiss Equity Savings Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 07 Nov 2017. Dhawal Dalal, Bharat Lahoti, Hiten Shah is the Current Fund Manager of Edelweiss Equity Savings Fund Direct IDCW Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹148 Cr and the Latest NAV as of 23 Jul 2021 is ₹14.28.
The Edelweiss Equity Savings Fund Direct IDCW Monthly is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.
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.
