Edelweiss Flexi Cap Fund Direct Growth

Equity
Direct
Flexi Cap
Edelweiss Flexi Cap Fund Direct Growth

About the Fund

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 ₹2139 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Edelweiss Flexi Cap Fund Direct Growth has given a CAGR return of 16.74% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 49.33%, 23.64% and 23.24% respectively.

Holdings

Edelweiss Flexi Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Basic Materials, Energy, Consumer Defensive, Utilities, Health, Communication, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, NTPC 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.

Fund Performance
zero opening, trading, fund transfer fee
3292 people have invested ₹ 1.1Cr in Edelweiss Flexi Cap Fund Direct Growth in the last three months

INDmoney Rank

Powered by IND quant engine
3
/18
68% Performance
38% Risk Management
96% Cost
3 out of 18 among flexi cap
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Generated Consistent Returns
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Outperformed benchmarks during bull run
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5Y returns in the top 25% of the category
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No bad points found for this fund.

Fund Overview

Expense ratio0.46%
Benchmark
S&P BSE 500 India TR INR
AUM₹2139 Cr
Inception Date3 February, 2015
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
48.89%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 96.6%

  • Debt & Cash 3.4%

Large cap
61.7%

Mid cap
25.3%

Small cap
9.6%

Sector Allocation

May'24

Apr'24

Mar'24

Financial Services
26%
Industrial
19.9%
Consumer Cyclical
13.6%
Tech
9.1%
Basic Materials
7.3%
Energy
6%
Consumer Defensive
4.6%
Utilities
4.5%
Health
3.6%
Communication
3.6%
Real Estate
1.7%
All changes are between Apr'24 and Jun'24

Returns for the month of Jun

  • Gainers

  • Losers

Ashwani Agarwalla
Ashwani Agarwalla
Fund Manager of Edelweiss Flexi Cap Fund Direct Growth, since 15 June 2022

Mutual Fund Insights

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In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 34.95% return, outperforming this fund by 11.71% per annum.
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Over the last 3 months, this fund has experienced a 26.6% growth in AUM moving from 1.69K Cr to 2.13K Cr.
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This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.46% which is lower than the category average expense ratio of 1.17%.
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In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 34.06% return, outperforming this fund by 10.42% per annum.
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In the last 1 year, Bank of India Flexi Cap Fund Direct Growth has given 71.31% return, outperforming this fund by 21.98%.
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Over the last 15 months, this fund has decreased expense ratio by 17.9% moving from 0.56 to 0.46.

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 16.74% since inception which is less than its category average return of 21.77%
Fund Allocations

Fund Allocations

This fund has an allocation of 96.63% in Equity, 0% in Debt and 3.37% in Cash related instruments
AUM size ₹2139 Cr

AUM size ₹2139 Cr

This fund has AUM of ₹2139 Cr which is less than its category average of ₹ 8167 Cr
Expense Ratio 0.46%

Expense Ratio 0.46%

This fund has an expense ratio of 0.46% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of Edelweiss Flexi Cap Fund Direct Growth is ₹43.1 as on 12-Jul-2024.
Existing (Absolute + CAGR) as on 12-Jul-2024.
Edelweiss Flexi Cap Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
6.6%
6.6%
6 Month Returns
23.81%
23.81%
1 Year Returns
49.33%
49.33%
3 Years Returns
89.01%
23.64%
5 Years Returns
184.34%
23.24%
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.
0.46% as on June 2024
₹2139 Cr as on June 2024
HDFC Bank Ltd(6.64%), ICICI Bank Ltd(4.85%), Reliance Industries Ltd(3.47%), Larsen & Toubro Ltd(3.46%), NTPC Ltd(2.57%) as on June 2024
Financial Services(27.36%), Industrial(18.02%), Consumer Cyclical(13.8%) as on June 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
4.96
3.77
2.61
As on June 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
1.05
0.96
0.95
As on June 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
2.71
1.28
0.9
As on June 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
12.23
13.27
18.65
As on June 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 2.58 as on June 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.97 as on June 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%