Edelweiss Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
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
- 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.
- The fund has an expense ratio 0.4.
Returns
Edelweiss Flexi Cap Fund Direct Growth has given a CAGR return of 16.53% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 45.22%, 22.65% and 23.79% 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 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.
Fund Performance
3790 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
Generated Consistent Returns
Outperformed benchmarks during bull run
5Y returns in the top 25% of the category
No bad points found for this fund.
Fund Overview
| Expense ratio | 0.35% |
Benchmark | S&P BSE 500 India TR INR |
| AUM | ₹2139 Cr |
| Inception Date | 3 February, 2015 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1% |
| Lock In | No Lock-in |
TurnOver | 48.89% |
| Risk |   Very High Risk |
Fund Distributionas on (30-Jun-24)
Large cap
61.7%
Mid cap
25.3%
Small cap
9.6%
Sector Allocation
Financial Services
28.3%
Industrial
18.6%
Consumer Cyclical
14.3%
Tech
9.7%
Basic Materials
6.3%
Energy
5.8%
Consumer Defensive
4.7%
Utilities
4.6%
Health
2.9%
Communication
2.9%
Real Estate
1.8%
All changes are between Apr'24 and Jun'24
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 6.64% | 6.3% | |
 ICICI Bank Ltd | 4.85% | 3.2% | |
 Reliance Industries Ltd | 3.47% | 3.2% | |
 Larsen & Toubro Ltd | 3.46% | -16.2% | |
 NTPC Ltd | 2.57% | 3.2% |
See all
Returns for the month of Jun
Top Growth Drivers | 1M Return |
|---|---|
 Persistent Systems Ltd | 21.2% |
Samvardhana Motherson International Ltd | 2.4% |
Ashwani Agarwalla
Fund Manager of Edelweiss Flexi Cap Fund Direct Growth, since 15 June 2022
Top funds managed
Mutual Fund Insights
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 33.15% return, outperforming this fund by 10.5% per annum.
Over the last 3 months, this fund has experienced a 26.6% growth in AUM moving from 1.69K Cr to 2.13K Cr.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 66.7% return, outperforming this fund by 21.48%.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 36% return, outperforming this fund by 12.22% per annum.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.35% which is lower than the category average expense ratio of 1.15%.
Over the last 1 month, this fund has decreased expense ratio by 22.2% moving from 0.45 to 0.35.
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 16.53% since inception which is less than its category average return of 21.26%
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
This fund has AUM of ₹2139 Cr which is less than its category average of ₹ 8258 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.34%
Frequently Asked Questions
The current NAV of Edelweiss Flexi Cap Fund Direct Growth is ₹42.5 as on 25-Jul-2024.
Existing (Absolute + CAGR) as on 25-Jul-2024.
Edelweiss Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.29% | 2.29% |
6 Month Returns | 23.84% | 23.84% |
1 Year Returns | 45.22% | 45.22% |
3 Years Returns | 84.51% | 22.65% |
5 Years Returns | 190.64% | 23.79% |
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.
0.35% 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%