Edelweiss Liquid Fund Direct Growth
About the Fund
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
- Edelweiss Liquid Fund Direct Growth has ₹6066 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Returns
Edelweiss Liquid Fund Direct Growth has given a CAGR return of 6.81% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.47%, 5.95% and 5.36% respectively.
Holdings
Edelweiss Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate, Government. Its top holdings are 91 DTB 02082024, HDFC Bank Limited, Union Bank Of India, Reliance Retail Ventures Limited, Motilal Oswal Financial Services 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 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.
Fund Overview
| Expense ratio | 0.07% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹6066 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.007% |
| Lock In | No Lock-in |
TurnOver | 678.37% |
| Risk |   Moderate Risk |
Fund Distributionas on (31-Dec-69)
as on (30-Jun-24)
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 91 DTB 02082024 | 3.29% | 0% | |
HDFC Bank Limited | 3.28% | 0% | |
Union Bank Of India | 3.27% | 0% | |
Reliance Retail Ventures Limited | 3.27% | 0% | |
Motilal Oswal Financial Services Limited | 3.26% | 100% |
Mutual Fund Insights
Edelweiss Liquid Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹6066 Cr
Expense Ratio 0.07%
Frequently Asked Questions
Edelweiss Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.59% | 0.59% |
6 Month Returns | 3.78% | 3.78% |
1 Year Returns | 7.47% | 7.47% |
3 Years Returns | 18.94% | 5.95% |
5 Years Returns | 29.84% | 5.36% |
- 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.
AAA | 100 |