Edelweiss Liquid Fund Direct Growth

Edelweiss Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 02-11-2024

₹ 3253.91

Inception Returns

6.8%

/yr

About Edelweiss Liquid Fund Direct Growth

Edelweiss Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Dedhia. This fund is suitable to keep your money safe.

Key Parameters

  1. Edelweiss Liquid Fund Direct Growth has ₹5867 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 Growth has given a CAGR return of 6.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.56%, 6.32% and 5.42% respectively.

Holdings

Edelweiss Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are State Bank Of India, 91 DTB 21112024, Aditya Birla Housing Finance Limited, 364 DTB 14112024, Small Industries Development Bank Of India

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 Growth

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 Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
2516 people have invested ₹ 16.6Cr in Edelweiss Liquid Fund Direct Growth in the last three months

Edelweiss Liquid Fund Direct Growth Overview

Expense ratio0.08%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹5867 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
506.01%
STCGSelling within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (02-Nov-24)

Period
Edelweiss Liquid Fund Direct Growth
Liquid Index
1M
0.6%
0.6%
3M
1.8%
1.7%
6M
3.6%
3.4%
1Y
7.6%
7.2%
3Y
6.3%
6.1%
5Y
5.4%
5.1%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Sep'24

Aug'24

Jul'24

Cash Equivalent
63.4%
Corporate
36.6%
All changes are between Oct'69 and Dec'69
Parameters
Sep'24
Aug'24
Jul'24
AUM
₹ 5K Cr
₹ 5.7K Cr
₹ 5.4K Cr
  • AUM of the fund stands at 5K Cr as of Sep'24
  • AUM decreased by 676.1 Cr between Sep'24 and Aug'24
Cash allocation has gone down from 99.8% to 99.7%
Cash allocation has gone down from 99.8% to 99.7%

Top 2 Sectors in September were Corporate, Government

Sep'24
Corporate
37%
Aug'24
Corporate
33%
Government
5%
  • Debt & Cash

Holdings
Weight%
1M Change
State Bank Of India
State Bank Of India
6.3%
100%
91 DTB 21112024
91 DTB 21112024
4.66%
120%
Aditya Birla Housing Finance Limited
Aditya Birla Housing Finance Limited
3.41%
0%
364 DTB 14112024
364 DTB 14112024
3.39%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
3.37%
300%
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Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Liquid Fund Direct Growth, since 11 December 2017
Fund House
Edelweiss Asset Management Limited
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

Insights icon
Over the last 3 months, this fund has experienced a 3.3% drop in AUM moving from 6.06K Cr to 5.86K Cr.
Insights icon
Over the last 1 year, this fund has decreased expense ratio by 46.7% moving from 0.15 to 0.08.
Insights icon
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.34% per annum.
Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.08% which is lower than the category average expense ratio of 0.26%.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.34% return, outperforming this fund by 0.03% per annum.

Edelweiss Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.83% since inception which is more than its category average return of 4.97%
AUM size ₹5867 Cr

AUM size ₹5867 Cr

This fund has AUM of ₹5867 Cr which is less than its category average of ₹ 13624 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 0.23%

Frequently Asked Questions for Edelweiss Liquid Fund Direct Growth

The current NAV of Edelweiss Liquid Fund Direct Growth is ₹3253.91 as on 02-Nov-2024.
Existing (Absolute + CAGR) as on 02-Nov-2024.
Edelweiss Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
3.65%
3.65%
1 Year Returns
7.56%
7.56%
3 Years Returns
20.18%
6.32%
5 Years Returns
30.19%
5.42%
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 October 2024
₹5867 Cr as on October 2024
State Bank Of India(6.3%), 91 DTB 21112024(4.66%), Aditya Birla Housing Finance Limited(3.41%), 364 DTB 14112024(3.39%), Small Industries Development Bank Of India(3.37%) as on October 2024
Yield to Maturity is 7.14 as on October 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 0.17 as on October 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 Growth
The Exit load of Edelweiss Liquid Fund Direct Growth is 0.01%