Debt
Direct
Liquid
NAV as on 02-11-2024
₹ 3253.91
Inception Returns
6.8%
/yr
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.
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.
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
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.
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 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.
Expense ratio | 0.08% |
Benchmark | CRISIL Liquid Fund TR INR |
AUM | ₹5867 Cr |
Inception Date | 1 January, 2013 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.0% |
Lock In | No Lock-in |
TurnOver | 506.01% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (02-Nov-24)
as on (31-Dec-69)
Top 2 Sectors in September were Corporate, Government
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% |
AAA | 100 |