Fund Details
Edelweiss Liquid Direct Growth
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹5000 |
| Expense Ratio | 0.11% |
| NAV | ₹2637.56 (27 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,063 Cr |
Returns
Comparison
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
1. Asset under management(AUM) is less than 1000 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.4% |
| Reserve Bank of India | Financial | T-Bills | 7.0% |
| Larsen & Toubro Ltd. | Construction | CP | 4.7% |
| National Bank For Agriculture & Rural Development | Financial | CP | 4.7% |
| Bank Of Baroda | Financial | CD | 4.7% |
| National Thermal Power Corp. Ltd. | Energy | CP | 4.7% |
| Grasim Industries Ltd. | Construction | CP | 4.7% |
| Godrej Agrovet Ltd. | FMCG | CP | 4.7% |
| Reserve Bank of India | Financial | T-Bills | 4.7% |
| Reliance Industries Ltd. | Energy | CP | 2.4% |
Fund Managers
Edelweiss Liquid Direct Growth Details
Edelweiss Liquid Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,063 Cr and the Latest NAV as of 27 Jan 2021 is ₹2637.56.
The Edelweiss Liquid Direct Growth is rated Moderately Low risk. Minimum SIP Investment is set to 5000. Minimum Lumpsum Investment is 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.
