Edelweiss Mid Cap Fund Direct Plan Growth Option
Equity
Direct
Mid-Cap
NAV: ₹ 90.95 as on 23-04-2024
Fund Performance
4595 people have invested ₹ 4.7Cr in Edelweiss Mid Cap Fund Direct Plan Growth Option in the last three months
Mutual Fund Insights
In the last 1 year, Quant Mid Cap Fund Growth Option Direct Plan has given 72.11% return, outperforming this fund by 16.29%.
Over the last 6 months, this fund has experienced a 34.7% growth in AUM moving from 3.79K Cr to 5.11K Cr.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 33.66% return, outperforming this fund by 6.97% per annum.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 39.44% return, outperforming this fund by 10.78% per annum.
Over the last 1 year, this fund has decreased expense ratio by 24.6% moving from 0.57 to 0.43.
This fund has one of the lowest expense ratio in the category (mid-cap). Its expense ratio is 0.43% which is lower than the category average expense ratio of 1.17%.
INDmoney Rank of Edelweiss Mid Cap Fund Direct Plan Growth Option
Powered by IND quant engine
4
/19
69% Performance
38% Risk Management
95% Cost
4 out of 19 among mid-cap
Pros
5Y returns in the top 25% of the category
3Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
About the Edelweiss Mid Cap Fund Direct Plan Growth Option
Edelweiss Mid Cap Fund Direct Plan Growth Option 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
- Edelweiss Mid Cap Fund Direct Plan Growth Option has ₹5115 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Edelweiss Mid Cap Fund Direct Plan Growth Option Overview
 | 0.43% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹5115 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 43.26% |
Edelweiss Mid Cap Fund Direct Plan Growth Option Distribution as on (31-Mar-24)
Size breakup
Mid cap
73.3%
Small cap
13.6%
Large cap
11.3%
Sector Allocation
Financial Services
23.6%
Consumer Cyclical
18.3%
Industrial
18.1%
Tech
12%
Basic Materials
11.8%
Health
7.9%
Real Estate
3.4%
Utilities
2.3%
Consumer Defensive
2%
Energy
0.5%
Top Holdings of Edelweiss Mid Cap Fund Direct Plan Growth Option as on (31-Mar-24)
Equity Holdings69
Debt Holdings1
Edelweiss Mid Cap Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at -0.34% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -1.16% as on Mar'24
- This fund outperformed Nifty Midcap 150 by 0.82% in Mar'24
AUM Change
- AUM of the fund stands at 5.1K Cr as of Mar'24
- AUM increased by 48 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Edelweiss Mid Cap Fund Direct Plan Growth Option portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 18.8% |
 Solar Industries India Ltd | 16.1% |
 Cummins India Ltd | 14.4% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Persistent Systems Ltd | -2.1% |
Power Finance Corporation Ltd | 1.4% |
Peer Analysis
Edelweiss Mid Cap Fund Direct Plan Growth Option Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 22.48% since inception which is more than its category average return of 18.86%
Fund Allocations
This fund has an allocation of 98.18% in Equity, 0% in Debt and 1.82% in Cash related instruments
AUM size ₹5115 Cr
This fund has AUM of ₹5115 Cr which is less than its category average of ₹ 7349 Cr
Expense Ratio 0.43%
This fund has an expense ratio of 0.43% which is less than its category average expense ratio of 1.4%
Frequently Asked Questions
The current NAV of Edelweiss Mid Cap Fund Direct Plan Growth Option is ₹90.95 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Edelweiss Mid Cap Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 5.55% | 5.55% |
6 Month Returns | 29.24% | 29.24% |
1 Year Returns | 55.82% | 55.82% |
3 Years Returns | 112.99% | 28.66% |
5 Years Returns | 226.32% | 26.69% |
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.
0.43% as on March 2024
₹5115 Cr as on March 2024
Persistent Systems Ltd(4.46%), Trent Ltd(3.74%), Power Finance Corp Ltd(3.72%), Dixon Technologies (India) Ltd(3.52%), Indian Bank(3.36%) as on March 2024
Financial Services(23.18%), Consumer Cyclical(17.98%), Industrial(17.79%) as on March 2024
The alpha ratio for the Edelweiss Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Mid Cap Fund Direct Plan Growth Option | 3.26 | 1.73 | 2.75 |
As on March 2024
The alpha for Edelweiss Mid Cap Fund Direct Plan Growth Option is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Mid Cap Fund Direct Plan Growth Option | 0.82 | 0.91 | 0.92 |
As on March 2024
The Beta for Edelweiss Mid Cap Fund Direct Plan Growth Option is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Mid Cap Fund Direct Plan Growth Option | 3.26 | 1.4 | 0.96 |
As on March 2024
The sharpe ratio for Edelweiss Mid Cap Fund Direct Plan Growth Option is calculated with S&P BSE Midcap 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 Mid Cap Fund Direct Plan Growth Option for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Mid Cap Fund Direct Plan Growth Option | 11.2 | 13.88 | 20.83 |
As on March 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 3.07 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.01 as on March 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Edelweiss Mid Cap Fund Direct Plan Growth Option is 1%