Fund Details
Edelweiss Mid Cap Direct Plan Growth
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.80% |
| NAV | ₹38.83 (22 Jan 2021) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹1,057 Cr |
Returns
Comparison
1. Lower expense ratio - 0.72%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
1. Risk-adjusted returns are lower compared to the category
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Cholamandalam Investment & Finance Co. Ltd. | Financial | Equity | 4.5% |
| PI Industries Ltd. | Chemicals | Equity | 3.9% |
| Federal Bank Ltd. | Financial | Equity | 3.4% |
| SRF Ltd. | Diversified | Equity | 3.3% |
| Dixon Technologies (India) Ltd. | Engineering | Equity | 3.2% |
| Mphasis Ltd. | Technology | Equity | 3.2% |
| Crompton Greaves Consumer Electricals Ltd. | Cons Durable | Equity | 2.7% |
| City Union Bank Ltd. | Financial | Equity | 2.7% |
| Shriram Transport Finance Co. Ltd. | Financial | Equity | 2.6% |
| Ipca Laboratories Ltd. | Healthcare | Equity | 2.6% |
Fund Managers
Edelweiss Mid Cap Direct Plan Growth Details
Edelweiss Mid Cap Direct Plan Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harshad Patwardhan is the Current Fund Manager of Edelweiss Mid Cap Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,057 Cr and the Latest NAV as of 22 Jan 2021 is ₹38.83.
The Edelweiss Mid Cap Direct Plan Growth is rated High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. Exit load of 1% if redeemed within 12 months
Investment Objective
The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of Mid Cap companies.
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.
