Edelweiss Liquid Direct Dividend Daily+0.01%

4.79%
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 (29 Oct 2020)
Fund Started01 Jan 2013
Fund Size1,145 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Liquid Direct Dividend Daily
4.8%
6.4%
6.6%
7.5%
Category Average
4.4%
6.0%
6.4%
-
Rank within category
9
5
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 4.8% 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
    Housing Development Finance Corpn. Ltd.FinancialCP8.7%
    Reserve Bank of IndiaFinancialT-Bills6.5%
    Godrej Industries Ltd.FMCGCP4.8%
    Reserve Bank of IndiaFinancialT-Bills4.4%
    Larsen & Toubro Ltd.ConstructionCP4.3%
    Axis Bank Ltd.FinancialCD4.3%
    National Bank For Agriculture & Rural DevelopmentFinancialCP4.3%
    Reserve Bank of IndiaFinancialT-Bills4.3%
    Muthoot Finance Ltd.FinancialCP4.3%
    Reserve Bank of IndiaFinancialT-Bills4.3%
    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 ₹1,145 Cr and the Latest NAV as of 29 Oct 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 Scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

    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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