Edelweiss Large & Mid Fund Direct Growth

Edelweiss Large & Mid Fund Direct Growth

Equity

Direct

Large & Mid-Cap

NAV as on 29-11-2024

₹ 101.1

0.6%

1D

Inception Returns

17.9%

/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

  1. Edelweiss Large & Mid Fund Direct Growth has ₹3645 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 Large & Mid Fund Direct Growth has given a CAGR return of 17.85% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 35.58%, 21.18% and 23.47% 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, Utilities, Real Estate, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Dixon Technologies (India) Ltd, Persistent Systems 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 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 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

zero opening, trading, fund transfer fee
1478 people have invested ₹ 68.2L 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
8
/21
66% Performance
49% Risk Management
91% Cost
8 out of 21 among large & mid-cap
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Edelweiss Large & Mid Fund Direct Growth Overview

Expense ratio0.44%
Benchmark
S&P BSE 200 India TR INR
AUM₹3645 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1.0%
Lock InNo Lock-in
TurnOver
35.87%
STCGRedeeming 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 (29-Nov-24)

Period
Edelweiss Large & Mid Fund Direct Growth
NIFTY 500
large & mid-cap
1M
0.6%
-2.5%
0.4%
3M
-0.8%
-5.1%
-2.7%
6M
13.9%
3.5%
9.7%
1Y
35.6%
26%
33.3%
3Y
21.2%
13.9%
19.8%
5Y
23.5%
18.1%
21.5%

Fund Distribution

as on (31-Oct-24)

  • Equity 97.6%

  • Debt & Cash 2.4%

Large cap
46.8%

Mid cap
36.8%

Small cap
13.6%

Sector Allocation

Oct'24

Sep'24

Aug'24

Financial Services
26.1%
Consumer Cyclical
16.3%
Industrial
14.9%
Tech
12.9%
Health
10%
Basic Materials
7.4%
Energy
3.4%
Consumer Defensive
2.8%
Utilities
2.2%
Real Estate
2.1%
Communication
1.8%
All changes are between Aug'24 and Oct'24
Oct'24
Sep'24
Aug'24
Fund Returns
-4.93%
2.52%
2.32%
NIFTY 500
-6.52%
2.04%
0.97%
  • This fund’s returns stands at -4.93% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -6.52% as on Oct'24
  • This fund outperformed NIFTY 500 by 1.58% in Oct'24
Parameters
Oct'24
Sep'24
Aug'24
AUM
₹ 3.6K Cr
₹ 3.8K Cr
₹ 3.7K Cr
  • AUM of the fund stands at 3.6K Cr as of Oct'24
  • AUM decreased by 135.7 Cr between Oct'24 and Sep'24
Top Stocks bought last month
CG Power & Industrial Solutions Ltd's allocation increased from 0.49% to 0.93%
CG Power & Industrial Solutions Ltd's allocation increased from 0.49% to 0.93%
Indian Hotels Co Ltd's allocation increased from 0.38% to 0.7%
Indian Hotels Co Ltd's allocation increased from 0.38% to 0.7%
Suven Pharmaceuticals Ltd's allocation increased from 0.27% to 0.54%
Suven Pharmaceuticals Ltd's allocation increased from 0.27% to 0.54%
Top Stocks sold last month
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 2.4 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 2.4 %
Persistent Systems Ltd's allocation decreased from 2.44 % to 2.33 %
Persistent Systems Ltd's allocation decreased from 2.44 % to 2.33 %
Trent Ltd's allocation decreased from 2.19 % to 2.14 %
Trent Ltd's allocation decreased from 2.19 % to 2.14 %
Small Cap allocation has gone up from 13% to 13.6%
Small Cap allocation has gone up from 13% to 13.6%
Mid Cap allocation has gone up from 36.3% to 36.8%
Mid Cap allocation has gone up from 36.3% to 36.8%
Large Cap allocation has gone down from 48.4% to 46.8%
Large Cap allocation has gone down from 48.4% to 46.8%
Cash allocation has gone up from 1.9% to 2.4%
Cash allocation has gone up from 1.9% to 2.4%

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

Oct'24
Financial Services
26%
Consumer Cyclical
16%
Industrial
15%
Sep'24
Financial Services
26%
Consumer Cyclical
17%
Industrial
15%
Fund
Oct'24
Sep'24
Aug'24
No of Holdings
98
97
94
Top 5 Company Concentration
14.6%
14.1%
13.7%
Company having highest exposure
HDFC Bank Ltd (4.4%)
HDFC Bank Ltd (4.3%)
HDFC Bank Ltd (4%)
No of Sectors
11
11
11
Top 5 Sectors Concentration
80.3%
79.8%
79.9%
Sector having highest exposure
Financial Services (26.1%)
Financial Services (25.7%)
Financial Services (25.7%)
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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 Large and Midcap Fund Direct Growth has given 51.19% return, outperforming this fund by 15.61%.
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In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.82% return, outperforming this fund by 6.63% per annum.
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Over the last 6 months, this fund has experienced a 22.6% growth in AUM moving from 2.97K Cr to 3.64K Cr.
Insights icon
Over the last 3 months, this fund has increased expense ratio by 25.7% moving from 0.35 to 0.44.
Insights icon
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.44% which is lower than the category average expense ratio of 1.2%.
Insights icon
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 27.73% return, outperforming this fund by 4.26% per annum.

Edelweiss Large & Mid 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 17.85% since inception which is more than its category average return of 16.69%
Fund Allocations

Fund Allocations

This fund has an allocation of 97.64% in Equity, 0% in Debt and 2.36% in Cash related instruments
AUM size ₹3645 Cr

AUM size ₹3645 Cr

This fund has AUM of ₹3645 Cr which is less than its category average of ₹ 7239 Cr
Expense Ratio 0.44%

Expense Ratio 0.44%

This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.37%

Frequently Asked Questions for Edelweiss Large & Mid Fund Direct Growth

The current NAV of Edelweiss Large & Mid Fund Direct Growth is ₹101.1 as on 29-Nov-2024.
Existing (Absolute + CAGR) as on 29-Nov-2024.
Edelweiss Large & Mid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.62%
0.62%
6 Month Returns
13.86%
13.86%
1 Year Returns
35.58%
35.58%
3 Years Returns
77.95%
21.18%
5 Years Returns
186.98%
23.47%
With INDmoney, the process of investing is very simple and involves zero commission.
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0.44% as on November 2024
₹3645 Cr as on November 2024
HDFC Bank Ltd(4.43%), ICICI Bank Ltd(3.26%), Dixon Technologies (India) Ltd(2.4%), Persistent Systems Ltd(2.33%), Trent Ltd(2.14%) as on November 2024
Financial Services(25.46%), Consumer Cyclical(15.95%), Industrial(14.58%) as on November 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
6.72
2.36
2.34
As on November 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
0.89
0.93
0.89
As on November 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
1.99
1.06
0.98
As on November 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
12
13.39
18.11
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 2.07 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.58 as on November 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%