Edelweiss Flexi Cap Fund Direct Growth

Edelweiss Flexi Cap Fund Direct Growth

Equity

Direct

Flexi Cap

NAV as on 06-12-2024

₹ 44.99

0.2%

1D

Inception Returns

16.5%

/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

  1. Edelweiss Flexi Cap Fund Direct Growth has ₹2365 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Edelweiss Flexi Cap Fund Direct Growth has given a CAGR return of 16.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 38.86%, 22.90% and 23.62% respectively.

Holdings

Edelweiss Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Tech, Consumer Cyclical, Consumer Defensive, Health, Basic Materials, Energy, 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 benefit
Dividends 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

zero opening, trading, fund transfer fee
14324 people have invested ₹ 2.2Cr 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
77% Performance
40% Risk Management
96% Cost
3 out of 20 among flexi cap
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Generated Consistent Returns
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Outperformed benchmarks during bull run
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3Y returns in the top 25% of the category
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No bad points found for this fund.

Edelweiss Flexi Cap Fund Direct Growth Overview

Expense ratio0.43%
Benchmark
S&P BSE 500 India TR INR
AUM₹2365 Cr
Inception Date3 February, 2015
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
43.32%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

Trailing Returns

as on (06-Dec-24)

Period
Edelweiss Flexi Cap Fund Direct Growth
Nifty 500
flexi cap
1M
2.2%
2.9%
1.7%
3M
2.2%
-0.9%
0.5%
6M
15%
7%
11.9%
1Y
38.9%
24.5%
29.6%
3Y
22.9%
15.5%
18.7%
5Y
23.6%
19.2%
20.2%

Fund Distribution

as on (31-Oct-24)

  • Equity 97.1%

  • Debt & Cash 2.9%

Large cap
67.5%

Mid cap
18.7%

Small cap
9.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
29.2%
Industrial
13.8%
Tech
13.5%
Consumer Cyclical
12.1%
Consumer Defensive
6.2%
Health
6.2%
Basic Materials
4.9%
Energy
4.8%
Utilities
4.3%
Communication
3.4%
Real Estate
1.5%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-5.59%
2.62%
2.24%
Nifty 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -5.59% whereas the fund’s underlying benchmark Nifty 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed Nifty 500 by 0.92% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 2.4K Cr
₹ 2.4K Cr
₹ 2.3K Cr
  • AUM of the fund stands at 2.4K Cr as of Oct'24
  • AUM decreased by 74.4 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Lupin Ltd's allocation increased from 0.46% to 1.07%
Lupin Ltd's allocation increased from 0.46% to 1.07%
ABB India Ltd's allocation increased from 1.18% to 1.78%
ABB India Ltd's allocation increased from 1.18% to 1.78%
HCL Technologies Ltd's allocation increased from 1.03% to 1.56%
HCL Technologies Ltd's allocation increased from 1.03% to 1.56%
Top Stocks sold last month
Infosys Ltd's allocation decreased from 4.57 % to 4.54 %
Infosys Ltd's allocation decreased from 4.57 % to 4.54 %
Reliance Industries Ltd's allocation decreased from 2.87 % to 2.75 %
Reliance Industries Ltd's allocation decreased from 2.87 % to 2.75 %
NTPC Ltd's allocation decreased from 2.64 % to 2.57 %
NTPC Ltd's allocation decreased from 2.64 % to 2.57 %
Mid Cap allocation has gone up from 17.3% to 18.7%
Mid Cap allocation has gone up from 17.3% to 18.7%
Large Cap allocation has gone down from 69.7% to 67.5%
Large Cap allocation has gone down from 69.7% to 67.5%
Small Cap allocation has gone up from 9.2% to 9.6%
Small Cap allocation has gone up from 9.2% to 9.6%
Cash allocation has gone up from 2.4% to 2.9%
Cash allocation has gone up from 2.4% to 2.9%

Top 3 Sectors in October were Financial Services, Consumer Cyclical & Tech

Oct'24
Financial Services
29%
Industrial
14%
Tech
14%
Sep'24
Financial Services
28%
Consumer Cyclical
15%
Tech
13%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
79
77
78
Top 5 Company Concentration
22%
21.4%
21.7%
Company having highest exposure
HDFC Bank Ltd (6.4%)
HDFC Bank Ltd (6%)
HDFC Bank Ltd (5.9%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
75%
75.5%
74.8%
Sector having highest exposure
Financial Services (29.2%)
Financial Services (28.2%)
Financial Services (26.6%)
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Ashwani Agarwalla
Ashwani Agarwalla
Fund Manager of Edelweiss Flexi Cap Fund Direct Growth, since 15 June 2022
Fund House
Edelweiss Asset Management Limited
Total AUM
₹1.05L Cr
as on 31-Oct-2024
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com

Mutual Fund Insights

Insights icon
In the last 1 year, Motilal Oswal Flexicap Fund Direct Plan Growth has given 52.71% return, outperforming this fund by 13.85%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 30.25% return, outperforming this fund by 7.35% per annum.
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Over the last 6 months, this fund has experienced a 32.5% growth in AUM moving from 1.78K Cr to 2.36K Cr.
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This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.43% which is lower than the category average expense ratio of 1.16%.
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Over the last 3 months, this fund has increased expense ratio by 22.9% moving from 0.35 to 0.43.
Insights icon
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.72% return, outperforming this fund by 10.1% per annum.

Edelweiss Flexi Cap Fund Direct Growth Highlights

Risk meter
pointer

Very High Risk

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

About the fund

This fund has delivered an average annual returns of 16.52% since inception which is less than its category average return of 20.39%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.14% in Equity, 0% in Debt and 2.86% in Cash related instruments
AUM size ₹2365 Cr

AUM size ₹2365 Cr

This fund has AUM of ₹2365 Cr which is less than its category average of ₹ 8774 Cr
Expense Ratio 0.43%

Expense Ratio 0.43%

This fund has an expense ratio of 0.43% 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 ₹44.99 as on 06-Dec-2024.
Existing (Absolute + CAGR) as on 06-Dec-2024.
Edelweiss Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
2.24%
2.24%
6 Month Returns
15%
15%
1 Year Returns
38.86%
38.86%
3 Years Returns
85.63%
22.9%
5 Years Returns
188.7%
23.62%
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.
0.43% as on November 2024
₹2365 Cr as on November 2024
HDFC Bank Ltd(6.36%), ICICI Bank Ltd(5.09%), Infosys Ltd(4.54%), Larsen & Toubro Ltd(3.28%), Reliance Industries Ltd(2.75%) as on November 2024
Financial Services(28.39%), Industrial(13.42%), Tech(13.14%) as on November 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
9.51
4.4
3.36
As on November 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
0.99
0.97
0.95
As on November 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
2.16
1.09
0.93
As on November 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
12.81
13.51
18.53
As on November 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 2.05 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.45 as on November 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%