Fund Details
Edelweiss Short Term Fund Direct Dividend Monthly
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.10% |
| NAV | ₹10.11 (01 Jul 2020) |
|---|---|
| Fund Started | 11 Aug 2014 |
| Fund Size | ₹8 Cr |
Returns
Comparison
1. Lower expense ratio - 0.1%
2. 1Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| SD Corporation Pvt Ltd. | Construction | Debenture | 38.1% |
Fund Managers
Edelweiss Short Term Fund Direct Dividend Monthly Details
Edelweiss Short Term Fund Direct Dividend Monthly is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 11 Aug 2014. Dhawal Dalal, Gautam Kaul is the Current Fund Manager of Edelweiss Short Term Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹8 Cr and the Latest NAV as of 01 Jul 2020 is ₹10.11.
The Edelweiss Short Term Fund Direct Dividend Monthly 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.
Investment Objective
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.
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.
