Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt

Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt

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Debt
Direct
Liquid
NAV: ₹ 2480.73 as on 13-06-2024

About the Fund

Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt is a debt fund. This fund was started on 29 May, 2013. The fund is managed by Rahul Dedhia. This fund is suitable to keep your money safe.

Key Parameters

  1. Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt has ₹5096 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt has given a CAGR return of 5.00% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 6.53%, 5.51% and 4.88% respectively.

Holdings

Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are ICICI Bank Limited, Punjab National Bank, HDFC Bank Ltd., Union Bank of India, Reliance Retail Ventures Limited

Taxation

As it is a liquid 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 Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt

The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. 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 Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt has no lock in period.

Fund Performance

Overview

Expense ratio
Expense ratio
0.08%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹5096 Cr
Inception Date
Inception Date
29 May, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.007%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
678.37%

Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt Distribution as on (31-Dec-69)

  • Debt & Cash 99.7%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
81.2%
Corporate
15.6%
Government
3.2%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 4.5K Cr
₹ 5.4K Cr
₹ 7.3K Cr
  • AUM of the fund stands at 4.5K Cr as of Apr'24
  • AUM decreased by 888.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt as on (31-May-24)

  • Debt & Cash

Debt Holdings44
Holdings
Weight%
1M Change
ICICI Bank Limited
ICICI Bank Limited
4.9%
100%
Punjab National Bank
Punjab National Bank
3.87%
0%
HDFC Bank Ltd.
HDFC Bank Ltd.
3.87%
0%
Union Bank of India
Union Bank of India
3.86%
0%
Reliance Retail Ventures Limited
Reliance Retail Ventures Limited
3.86%
0%

Fund Manager

Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt, since 11 December 2017

Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt 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% since inception which is more than its category average return of 4.81%
AUM size ₹5096 Cr

AUM size ₹5096 Cr

This fund has AUM of ₹5096 Cr which is less than its category average of ₹ 12542 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.24%

Frequently Asked Questions

The current NAV of Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt is ₹2480.73 as on 13-Jun-2024.
Existing (Absolute + CAGR) as on 13-Jun-2024.
Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
0.03%
0.03%
6 Month Returns
2.95%
2.95%
1 Year Returns
6.53%
6.53%
3 Years Returns
17.46%
5.51%
5 Years Returns
26.92%
4.88%
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.
0.08% as on May 2024
₹5096 Cr as on May 2024
ICICI Bank Limited(4.9%), Punjab National Bank(3.87%), HDFC Bank Ltd.(3.87%), Union Bank of India(3.86%), Reliance Retail Ventures Limited(3.86%) as on May 2024
Cash Equivalent(73.33%), Corporate(18.45%), Government(8.21%) as on May 2024
Yield to Maturity is 7.13 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 0.16 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 is the fund manager of Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt
The Exit load of Edelweiss Liquid Fund Direct Fortnightly Payout of Income Dis cum Cptl Wdrl Opt is 0.01%