|Min SIP Amount||₹500|
|NAV||₹17.18 (01 Jul 2020)|
|Fund Started||02 Jan 2013|
|Fund Size||₹8 Cr|
|SD Corporation Pvt Ltd.||Construction||Debenture||38.1%|
Edelweiss Short Term Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 02 Jan 2013. Dhawal Dalal is the Current Fund Manager of Edelweiss Short Term Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹8 Cr and the Latest NAV as of 01 Jul 2020 is ₹17.18.
The Edelweiss Short Term Fund Direct Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 200000. For units in excess of 10% of the investment, 0.50% will be charged for redemption within 12 months.
The scheme aims to generate returns commensurate with risks of investing in a short duration portfolio of money market instruments, debt securities, InvITs, REITs and other permissible securities.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.