|Min SIP Amount||₹500|
|NAV||₹10.11 (01 Jul 2020)|
|Fund Started||11 Aug 2014|
|Fund Size||₹8 Cr|
|SD Corporation Pvt Ltd.||Construction||Debenture||34.7%|
|Sunny View Estates Pvt Ltd.||Construction||Debenture||34.6%|
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.
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.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.