Edelweiss Large & Mid Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 22-10-2024
₹ 99.83
1D
Inception Returns
18.1%
/yr
About Edelweiss Large & Mid Fund Direct Growth
Edelweiss Large & Mid Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by . The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Large & Mid Fund Direct Growth has ₹3781 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 Large & Mid Fund Direct Growth has given a CAGR return of 18.11% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 43.50%, 19.64% and 24.30% respectively.
Holdings
Edelweiss Large & Mid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Energy, Consumer Defensive, Real Estate, Utilities, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Persistent Systems Ltd, Dixon Technologies (India) Ltd, Trent Ltd
Taxation
As it is a large & mid-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 Large & Mid Fund Direct Growth
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 Large & Mid Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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1315 people have invested ₹ 73.4L in Edelweiss Large & Mid Fund Direct Growth in the last three months
INDmoney Rank for Edelweiss Large & Mid Fund Direct Growth
Powered by IND quant engine
IND ranking is not available for this fund.
Lower expense ratio
Beats FD returns for both 3Y & 5Y duration
No bad points found for this fund.
Edelweiss Large & Mid Fund Direct Growth Overview
| Expense ratio | 0.45% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3781 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 35.87% |
| 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
48.4%
Mid cap
36.3%
Small cap
13%
Sector Allocation
Financial Services
25.7%
Consumer Cyclical
17.4%
Industrial
14.8%
Tech
12.6%
Health
9.4%
Basic Materials
7.2%
Energy
3.7%
Consumer Defensive
2.7%
Real Estate
2.5%
Utilities
2.3%
Communication
1.9%
All changes are between Jul'24 and Sep'24
- This fund’s returns stands at 2.52% whereas the fund’s underlying benchmark NIFTY 500 returns stands at 2.04% as on Sep'24
- This fund outperformed NIFTY 500 by 0.48% in Sep'24
- AUM of the fund stands at 3.8K Cr as of Sep'24
- AUM increased by 125.8 Cr between Sep'24 and Aug'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 3.97% to 4.27%
Titan Co Ltd's allocation increased from 0.66% to 0.89%
Brigade Enterprises Ltd's allocation increased from 1.1% to 1.25%
Top Stocks sold last month
Persistent Systems Ltd's allocation decreased from 2.44 % to 2.28 %
Reliance Industries Ltd's allocation decreased from 2.08 % to 1.97 %
The Federal Bank Ltd's allocation decreased from 1.93 % to 1.89 %
Mid Cap allocation has gone down from 41.2% to 36.3%
Large Cap allocation has gone up from 45.2% to 48.4%
Small Cap allocation has gone up from 11.2% to 13%
Cash allocation has gone down from 2.3% to 1.9%
Top 3 Sectors in September were Financial Services, Consumer Cyclical & Industrial
Sep'24
Financial Services
26%
Consumer Cyclical
17%
Industrial
15%
Aug'24
Financial Services
26%
Consumer Cyclical
17%
Industrial
15%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 4.27% | 4.9% | |
 ICICI Bank Ltd | 3.1% | 0% | |
 Persistent Systems Ltd | 2.28% | 0% | |
 Dixon Technologies (India) Ltd | 2.27% | 0% | |
 Trent Ltd | 2.19% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 7.9% |
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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
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 63.67% return, outperforming this fund by 20.17%.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 29.6% return, outperforming this fund by 5.3% per annum.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 28.17% return, outperforming this fund by 8.53% per annum.
Over the last 1 year, this fund has decreased expense ratio by 10.0% moving from 0.50 to 0.45.
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.45% which is lower than the category average expense ratio of 1.19%.
Over the last 6 months, this fund has experienced a 32.7% growth in AUM moving from 2.84K Cr to 3.78K Cr.
Edelweiss Large & Mid 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 18.11% since inception which is more than its category average return of 17.67%
Fund Allocations
This fund has an allocation of 98.1% in Equity, 0% in Debt and 1.9% in Cash related instruments
AUM size ₹0 Cr
This fund has AUM of ₹0 Cr which is less than its category average of ₹ 7513 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.32%
Frequently Asked Questions for Edelweiss Large & Mid Fund Direct Growth
The current NAV of Edelweiss Large & Mid Fund Direct Growth is ₹99.83 as on 22-Oct-2024.
Existing (Absolute + CAGR) as on 22-Oct-2024.
Edelweiss Large & Mid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -2.97% | -2.97% |
6 Month Returns | 20.58% | 20.58% |
1 Year Returns | 43.5% | 43.5% |
3 Years Returns | 71.23% | 19.64% |
5 Years Returns | 196.73% | 24.3% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.45% as on September 2024
₹3781 Cr as on September 2024
HDFC Bank Ltd(4.27%), ICICI Bank Ltd(3.1%), Persistent Systems Ltd(2.28%), Dixon Technologies (India) Ltd(2.27%), Trent Ltd(2.19%) as on September 2024
Financial Services(25.18%), Consumer Cyclical(17.05%), Industrial(14.48%) as on September 2024
The alpha ratio for the Edelweiss Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 4.43 | 1.29 | 1.55 |
As on September 2024
The alpha for Edelweiss Large & Mid Fund Direct Growth is calculated against S&P BSE 200 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 Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 0.95 | 0.95 | 0.9 |
As on September 2024
The Beta for Edelweiss Large & Mid Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 2.87 | 1.15 | 1.08 |
As on September 2024
The sharpe ratio for Edelweiss Large & Mid Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 11.6 | 13.07 | 17.85 |
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 2.38 as on September 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.26 as on September 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Edelweiss Large & Mid Fund Direct Growth is 1%