Edelweiss Short Term Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 11 Aug 2014. Dhawal Dalal, Gautam Kaul is the Current Fund Manager of Edelweiss Short Term Fund Direct Dividend Monthly.The fund currently has an Asset Under Management(AUM) of ₹18 Cr and the Latest NAV as of 15 Oct 2019 is ₹9.59.
The Edelweiss Short Term Fund Direct Dividend Monthly is rated Moderately Low risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment, 0.50% will be charged for redemption within 12 months..
Investment Objective
The investment objective is to generate income by investing primarily in money market and short term debt instruments. However, there can be no assurance that income can be generated, regular or otherwise or that the investment objective of the Scheme will be realised.
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)
₹5000
Min for First Investment
₹1000
Min for Second Investment
For units in excess of 10% of the investment, 0.50% will be charged for redemption within 12 months.
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