Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl

Debt
Direct
Government Bond
Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl

About the Fund

Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl is a debt fund. This fund was started on 7 September, 2021. The fund is managed by Rahul Dedhia, Dhawal Dalal. This fund is suitable to keep your money safe.

Key Parameters

  1. Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl has ₹148 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.5.

Returns

Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl has given a CAGR return of 5.16% since inception. Over the last 1 year the fund has given a CAGR return of 3.32%.

Holdings

Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl has allocated its funds majorly in Government, Cash Equivalent. Its top holdings are 7.1% Govt Stock 2034, 7.23% Govt Stock 2039, 7.18% Govt Stock 2037, 7.18% Govt Stock 2033, 7.3% Govt Stock 2053

Taxation

As it is a government bond mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl

The investment objective of the Scheme is to generate income through investment in Securities of various maturities issued and/or created by the Central Government and State Governments of India. However, there can be no assurance that the investment objectives 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 Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.47%
Benchmark
ICICI Securities Mibex TR INR
AUM₹148 Cr
Inception Date7 September, 2021
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
888.79%
Risk
Risk meter
pointer
Moderate Risk

Fund Distribution
as on (31-Dec-69)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

May'24

Apr'24

Mar'24

Government
95.6%
Cash Equivalent
4.4%
All changes are between Oct'69 and Dec'69

as on (31-May-24)

  • Debt & Cash

Holdings
Weight%
1M Change
7.1% Govt Stock 2034
7.1% Govt Stock 2034
34.08%
25%
7.23% Govt Stock 2039
7.23% Govt Stock 2039
24.09%
0%
7.18% Govt Stock 2037
7.18% Govt Stock 2037
20.47%
0%
7.18% Govt Stock 2033
7.18% Govt Stock 2033
10.23%
0%
7.3% Govt Stock 2053
7.3% Govt Stock 2053
6.9%
-50%

Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl, since 23 November 2021
Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl, since 26 November 2016

Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl 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 5.16% since inception which is less than its category average return of 6.83%
AUM size ₹148 Cr

AUM size ₹148 Cr

This fund has AUM of ₹148 Cr which is less than its category average of ₹ 1531 Cr
Expense Ratio 0.47%

Expense Ratio 0.47%

This fund has an expense ratio of 0.47% which is less than its category average expense ratio of 0.88%

Frequently Asked Questions

The current NAV of Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl is ₹20.09 as on 02-Dec-2022.
Existing (Absolute + CAGR) as on 02-Dec-2022.
Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
1.55%
1.55%
6 Month Returns
4.09%
4.09%
1 Year Returns
3.32%
3.32%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.47% as on May 2024
₹148 Cr as on May 2024
7.1% Govt Stock 2034(34.08%), 7.23% Govt Stock 2039(24.09%), 7.18% Govt Stock 2037(20.47%), 7.18% Govt Stock 2033(10.23%), 7.3% Govt Stock 2053(6.9%) as on May 2024
Yield to Maturity is 7.14 as on May 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 7.83 as on May 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rahul Dedhia, Dhawal Dalal are the fund managers of Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl
The Exit load of Edelweiss Government Securities Fund Direct Fortnightly Income Dist cum Cap Wdrl is 0%