Edelweiss Large Cap Fund Direct Dividend is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 08 Jan 2013. Bharat Lahoti is the Current Fund Manager of Edelweiss Large Cap Fund Direct Dividend.The fund currently has an Asset Under Management(AUM) of ₹177 Cr and the Latest NAV as of 17 Jan 2020 is ₹24.76.
The Edelweiss Large Cap Fund Direct Dividend is rated Moderately High risk. Minimum SIP Investment is 500. Exit load of 1% if redeemed within 365 days.
The primary objective of the scheme is to generate capital appreciation, from a portfolio that is substantially constituted of equity securities and equity related securities of the 100 largest corporates by market capitalisation, listed in India. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
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.
Scheme Information Document(SID)
Min for First Investment
Min for Second Investment
Exit load of 1% if redeemed within 365 days