Edelweiss Liquid Direct Dividend Daily+0.01%

5
5.81%
1 Year Return
Debt
Liquid
5.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Liquid Direct Dividend Daily

RiskLow
Min SIP AmountNot Supported
Expense Ratio0.11%
NAV1002.96 (01 Jul 2020)
Fund Started01 Jan 2013
Fund Size525 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Liquid Direct Dividend Daily
5.8%
6.8%
6.9%
7.7%
Category Average
5.4%
6.4%
6.8%
-
Rank within category
3
4
28
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 5.8% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 3 years
    2. 1Y Returns are higher than the category average returns
    3. 3Y Returns are higher than the category average returns
    Cons
    1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Reserve Bank of IndiaFinancialT-Bills13.2%
    Reliance Industries Ltd.EnergyCP9.5%
    Reliance Jio Infocomm Ltd.CommunicationCP9.5%
    Blue Star Ltd.Cons DurableCP9.5%
    Indian Oil Corpn. Ltd.EnergyCP9.5%
    Axis Bank Ltd.FinancialCD9.5%
    Power Grid Corporation of India Ltd.EnergyCP9.5%
    Axis Finance Ltd.FinancialCP9.5%
    Small Industries Devp. Bank of India Ltd.FinancialCD4.8%
    ICICI Bank Ltd.FinancialCD4.8%
    See All

    Fund Managers

    addGautam Kaul
    Education
    Mr. Kaul is a B.Com (H) and MBA (Finance).
    Experience
    Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
    Funds Managed

    Edelweiss Liquid Direct Dividend Daily Details

    Edelweiss Liquid Direct Dividend Daily is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Gautam Kaul, Rahul Dedhia is the Current Fund Manager of Edelweiss Liquid Direct Dividend Daily fund.The fund currently has an Asset Under Management(AUM) of ₹525 Cr and the Latest NAV as of 01 Jul 2020 is ₹1002.96.

    The Edelweiss Liquid Direct Dividend Daily is rated Low risk. Minimum SIP Investment is set to 5000. Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.

    Investment Objective

    The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However, there can be no assurance that the investment objectives of the Scheme will be realized.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    Not Supported
    Min for First Investment
    Not Supported
    Min for Second Investment
    Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
    Exit Load

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    About Edelweiss Mutual Fund

    Address
    Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
    Phone
    +91 22 40979900
    Launch Date
    30 Apr 2008
    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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