Edelweiss Equity Savings Fund Direct Growth-0.26%

3Groww
2.32%
1 Year Return
Hybrid
Equity Savings
3.0 star
6M
1Y
3Y
All

Fund Details

Edelweiss Equity Savings Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.73%
NAV14.42 (08 Jul 2019)
Fund Started12 Oct 2014
Fund Size119 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Equity Savings Fund Direct Growth
2.3%
7.5%
NA
7.7%
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    Estimated Value
    as per Historical Returns
    30
    with 2.3% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    Cons
    1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
    2. Age is less than 3 years
    3. Risk-adjusted returns are lower compared to the category
    4. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    DerivativeMiscellaneousUndisclosed - Others32.5%
    Net Receivables/(Payable)Current AssetsNet Receivables/(Payables)8.6%
    Adani Power LtdEnergyEquity6.1%
    DLF Ltd.ConstructionEquity5.7%
    Hexaware Technologies Ltd.ITEquity5.5%
    State Bank of IndiaFinancial ServicesEquity4.9%
    CBLO(CCIL)Current AssetsMoney Market4.2%
    Vedanta Ltd.MetalsEquity3.8%
    6.7 IDFC Bank Ltd. Dec 5 2018 Financial ServicesFD3.8%
    Edelweiss Commodities Services LtdServicesFRB3.8%
    See All

    Fund Managers

    addHiten Shah
    Education
    Mr. Shah is a Masters in Management Studies (Finance) from Mumbai University.
    Experience
    Prior to joining Edelweiss Asset Management Limited (since July 2011) he was associated with Edelweiss Securities Limited as Low Risk Arbitrage Trader for over three years.
    Funds Managed

    Other Details

    Edelweiss Equity Savings Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 12 Oct 2014. Dhawal Dalal, Bharat Lahoti, Hiten Shah is the Current Fund Manager of Edelweiss Equity Savings Fund Direct Growth.The fund currently has an Asset Under Management(AUM) of ₹119 Cr and the Latest NAV as of 08 Jul 2019 is ₹14.42.

    The Edelweiss Equity Savings Fund Direct Growth is rated Moderately High risk. Minimum SIP Investment is 500. Minimum Lumpsum Investment is 200000. Nil.

    Investment Objective

    The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.

    Tax Implications

    Scheme Information Document(SID)

    ₹200000
    Min for First Investment
    ₹200000
    Min for Second Investment
    Nil
    Exit Load

    Compare Funds

    Edelweiss Equity Savings Fund Direct Growth
    VS
    search

    About Edelweiss Mutual Fund

    Address
    Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
    Phone
    +91 22 40979900
    Launch Date
    29 Apr 2008
    Edelweiss Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    NA
    Invest Now
    Enter investment amount
    + ₹1,000
    + ₹5,000
    + ₹10,000
    ONE TIME
    MONTHLY SIP
    Similar Funds
    Data not available