Edelweiss Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV as on 22-10-2024
₹ 43.66
1D
Inception Returns
16.6%
/yr
About Edelweiss Flexi Cap Fund Direct Growth
Edelweiss Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 3 February, 2015. The fund is managed by Ashwani Agarwalla. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Flexi Cap Fund Direct Growth has ₹2439 Cr worth of assets under management (AUM) as on Sep 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Returns
Edelweiss Flexi Cap Fund Direct Growth has given a CAGR return of 16.60% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.66%, 20.33% and 23.59% respectively.
Holdings
Edelweiss Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Tech, Industrial, Consumer Defensive, Health, Energy, Basic Materials, Utilities, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Infosys Ltd, Larsen & Toubro Ltd, Reliance Industries Ltd
Taxation
As it is a flexi cap mutual fund the taxation is as follows: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 benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Edelweiss Flexi Cap Fund Direct Growth
The investment objective of the Scheme is to generate long-term capital appreciation from a diversified portfolio that dynamically invests in equity and equity-related securities of companies across various market capitalisation. However, there can be no assurance that the investment objective of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Flexi Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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10577 people have invested ₹ 1.9Cr in Edelweiss Flexi Cap Fund Direct Growth in the last three months
INDmoney Rank for Edelweiss Flexi Cap Fund Direct Growth
Powered by IND quant engine
3
/20
75% Performance
34% Risk Management
96% Cost
3 out of 20 among flexi cap
Generated Consistent Returns
Outperformed benchmarks during bull run
3Y returns in the top 25% of the category
No bad points found for this fund.
Edelweiss Flexi Cap Fund Direct Growth Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2439 Cr |
| Inception Date | 3 February, 2015 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 43.32% |
| STCG | Redeeming before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (22-Oct-24)
Fund Distribution
as on (30-Sep-24)
Large cap
69.7%
Mid cap
17.3%
Small cap
9.2%
Sector Allocation
Financial Services
28.2%
Consumer Cyclical
15.2%
Tech
13.3%
Industrial
12.4%
Consumer Defensive
6.4%
Health
5.2%
Energy
5%
Basic Materials
4.9%
Utilities
4.4%
Communication
3.5%
Real Estate
1.5%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.62% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.04% as on Sep'24
- This fund outperformed Nifty 500 by 0.58% in Sep'24
- AUM of the fund stands at 2.4K Cr as of Sep'24
- AUM increased by 98.9 Cr between Sep'24 and Aug'24
Top Stocks bought last month
Mahindra & Mahindra Ltd's allocation increased from 1.11% to 2.22%
Bajaj Finance Ltd's allocation increased from 0.85% to 1.54%
Dabur India Ltd's allocation increased from 0.82% to 1.25%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.94 % to 4.57 %
Larsen & Toubro Ltd's allocation decreased from 3.3 % to 3.14 %
Reliance Industries Ltd's allocation decreased from 3.06 % to 2.87 %
Mid Cap allocation has gone down from 21.9% to 17.3%
Large Cap allocation has gone up from 64.8% to 69.7%
Small Cap allocation has gone down from 11% to 9.2%
Cash allocation has gone up from 2.3% to 2.4%
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Tech
Sep'24
Financial Services
28%
Consumer Cyclical
15%
Tech
13%
Aug'24
Financial Services
27%
Consumer Cyclical
15%
Tech
14%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.99% | 0% | |
 ICICI Bank Ltd | 4.87% | 7.8% | |
 Infosys Ltd | 4.57% | 0% | |
 Larsen & Toubro Ltd | 3.14% | 0% | |
 Reliance Industries Ltd | 2.87% | 0% |
See all
See all
Top Losers | 1M Return |
|---|---|
 Titagarh Rail Systems Ltd | -9.1% |
 Tata Motors Ltd | -6.3% |
 Infosys Ltd | -0.9% |
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Ashwani Agarwalla
Fund Manager of Edelweiss Flexi Cap Fund Direct Growth, since 15 June 2022
Top funds managed
Fund House
Edelweiss Asset Management Limited
Total Schemes
Total AUM
₹1.03L Cr
as on 30-Sep-2024
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com
Mutual Fund Insights
Over the last 1 month, this fund has increased expense ratio by 2.3% moving from 0.44 to 0.45.
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 57.67% return, outperforming this fund by 8.01%.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.45% which is lower than the category average expense ratio of 1.15%.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 27.43% return, outperforming this fund by 7.1% per annum.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 35.23% return, outperforming this fund by 11.63% per annum.
Over the last 6 months, this fund has experienced a 44.3% growth in AUM moving from 1.69K Cr to 2.43K Cr.
Edelweiss Flexi Cap Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 16.6% since inception which is less than its category average return of 20.85%
Fund Allocations
This fund has an allocation of 97.64% in Equity, 0% in Debt and 2.36% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 9126 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions for Edelweiss Flexi Cap Fund Direct Growth
The current NAV of Edelweiss Flexi Cap Fund Direct Growth is ₹43.66 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Edelweiss Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -3.28% | -3.28% |
6 Month Returns | 21.28% | 21.28% |
1 Year Returns | 49.66% | 49.66% |
3 Years Returns | 74.24% | 20.33% |
5 Years Returns | 188.39% | 23.59% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.45% as on September 2024
₹2439 Cr as on September 2024
HDFC Bank Ltd(5.99%), ICICI Bank Ltd(4.87%), Infosys Ltd(4.57%), Larsen & Toubro Ltd(3.14%), Reliance Industries Ltd(2.87%) as on September 2024
Financial Services(27.5%), Consumer Cyclical(14.8%), Tech(13%) as on September 2024
The alpha ratio for the Edelweiss Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 8.01 | 3.85 | 2.79 |
As on September 2024
The alpha for Edelweiss Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.
The Beta ratio for the Edelweiss Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 1.01 | 0.98 | 0.95 |
As on September 2024
The Beta for Edelweiss Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.
The sharpe ratio for the Edelweiss Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 3.26 | 1.2 | 1.03 |
As on September 2024
The sharpe ratio for Edelweiss Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.
The standard deviation for the Edelweiss Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 11.38 | 13.14 | 18.22 |
As on September 2024
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.
Sortino ratio is 2.4 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.29 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashwani Agarwalla is the fund manager of Edelweiss Flexi Cap Fund Direct Growth
The Exit load of Edelweiss Flexi Cap Fund Direct Growth is 1%