Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt

Hybrid
Direct
Equity Savings
Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt

About the Fund

Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt is a hybrid fund. This fund was started on 27 October, 2017. The fund is managed by Dhawal Dalal, Bhavesh Jain, Bharat Lahoti. This fund gives you the benefit of diversification.

Key Parameters

  1. Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt has ₹406 Cr worth of assets under management (AUM) as on May 2024 and is less than category average.
  2. The fund has an expense ratio 0.6.

Returns

Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt has given a CAGR return of 8.91% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 16.82%, 10.47% and 9.75% respectively.

Holdings

Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Industrial, Energy, Basic Materials, Communication, Consumer Cyclical, Health, Tech, Utilities, Consumer Defensive, Corporate, Real Estate, Securitize.

Taxation

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt

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.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.59%
Benchmark
NIFTY Equity Savings TR INR
AUM₹406 Cr
Inception Date27 October, 2017
Min Lumpsum/SIP₹100/₹100
Exit Load
0.25%
Lock InNo Lock-in
TurnOver
96.25%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-May-24)

  • Equity 24.7%

  • Debt & Cash 75.3%

Large cap
59.1%

Mid cap
8.6%

Small cap
4.1%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
33.9%
Industrial
18.3%
Energy
11.4%
Basic Materials
10.9%
Communication
6%
Consumer Cyclical
5.8%
Health
3.7%
Tech
3.5%
Utilities
3.2%
Consumer Defensive
2.5%
Real Estate
0.7%
All changes are between Oct'69 and Dec'69

Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt, since 26 November 2016
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt, since 1 October 2021
Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt, since 18 September 2017

Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.91% since inception which is more than its category average return of 8.2%
Fund Allocations

Fund Allocations

This fund has an allocation of 24.7% in Equity, 16.79% in Debt and 58.5% in Cash related instruments
AUM size ₹406 Cr

AUM size ₹406 Cr

This fund has AUM of ₹406 Cr which is less than its category average of ₹ 1321 Cr
Expense Ratio 0.59%

Expense Ratio 0.59%

This fund has an expense ratio of 0.59% which is less than its category average expense ratio of 1.13%

Frequently Asked Questions

The current NAV of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt is ₹15.72 as on 14-Jun-2024.
Existing (Absolute + CAGR) as on 14-Jun-2024.
Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
2.34%
2.34%
6 Month Returns
7.8%
7.8%
1 Year Returns
16.82%
16.82%
3 Years Returns
34.82%
10.47%
5 Years Returns
59.23%
9.75%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.59% as on May 2024
₹406 Cr as on May 2024
7.18% Govt Stock 2033(6.59%), 7.06% Govt Stock 2028(6.16%), HDFC Bank Ltd(5.11%), Ambuja Cements Ltd(4.87%), Adani Ports & Special Economic Zone Ltd(4.82%) as on May 2024
Cash Equivalent(57.88%), Government(15.37%), Financial Services(8.36%) as on May 2024
AAA
100
Dhawal Dalal, Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt
The Exit load of Edelweiss Equity Savings Fund Direct Monthly Payout of Income Dis cum Cptl Wdrl Opt is 0.25%