Edelweiss Mid Cap Fund Direct Plan Growth Option
Equity
Direct
Mid-Cap
NAV: ₹ 72.3 as on 29-09-2023
Fund Performance
2663 people have invested ₹ 2.9Cr in Edelweiss Mid Cap Fund Direct Plan Growth Option in the last three months
Fund Insights
Over the last 6 months, this fund has decreased expense ratio by 21.1% moving from 0.57 to 0.45.
In the last 3 years, Quant Mid Cap Fund Growth Option Direct Plan has given 41.37% return, outperforming this fund by 7.13% per annum.
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 26.04% return, outperforming this fund by 4.56% per annum.
This fund has one of the lowest expense ratio in the category (mid-cap). Its expense ratio is 0.45% which is lower than the category average expense ratio of 1.21%.
Over the last 6 months, this fund has experienced a 44.8% growth in AUM moving from 2.53K Cr to 3.66K Cr.
In the last 1 year, HDFC Mid-Cap Opportunities Fund -Direct Plan - Growth Option has given 37.12% return, outperforming this fund by 12.06%.
INDmoney Rank
Powered by IND quant engine
8
/19
74% Performance
42% Risk Management
93% Cost
8 out of 19 among mid-cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
About the Fund
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 ₹3666 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.5.
Edelweiss Mid Cap Fund Direct Plan Growth Option Overview
 | 0.45% |
 Benchmark | S&P BSE Midcap TR INR |
 | ₹3666 Cr |
 | 1 January, 2013 |
 | ₹5000/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 43.26% |
Fund Distribution as on (31-Aug-23)
Size breakup
Mid cap
70.2%
Small cap
15%
Large cap
12%
Sector Allocation
Financial Services
21%
Industrial
20.8%
Consumer Cyclical
20.7%
Basic Materials
12.5%
Tech
10.3%
Health
10%
Real Estate
3%
Consumer Defensive
1.7%
Top Holdings of Edelweiss Mid Cap Fund Direct Plan Growth Option as on (31-Aug-23)
Equity Holdings56
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 The Federal Bank Ltd | 4.06% | 0% | |
 Persistent Systems Ltd | 3.97% | -13.2% | |
 Indian Bank | 3.91% | 0% | |
 Kajaria Ceramics Ltd | 3.71% | 4.5% | |
 Trent Ltd | 3.6% | 0% |
See all
Edelweiss Mid Cap Fund Direct Plan Growth Option: Monthly Changes Updates
All changes are between Jun'23 and Aug'23
Fund Performance
- This fund’s returns stands at 3.61% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at 3.84% as on Aug'23
- This fund underperformed Nifty Midcap 150 by 0.23% in Aug'23
AUM Change
- AUM of the fund stands at 3.7K Cr as of Aug'23
- AUM increased by 217 Cr between Aug'23 and Jul'23
Fund Portfolio Changes
Gainers & Losers in Edelweiss Mid Cap Fund Direct Plan Growth Option portfolio Returns for the month of Aug
Top Growth Drivers | 1M Return |
|---|---|
 Solar Industries India Ltd | 25.7% |
 Dixon Technologies (India) Ltd | 21% |
 Trent Ltd | 20% |
Top Losers | 1M Return |
|---|---|
 Cummins India Ltd | -11.4% |
 City Union Bank Ltd | -8.4% |
 Bharat Dynamics Ltd | -8% |
Peer Analysis
Fund 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 21.22% since inception which is more than its category average return of 17.31%
Fund Allocations
This fund has an allocation of 97.18% in Equity, 0% in Debt and 2.82% in Cash related instruments
AUM size ₹3666 Cr
This fund has AUM of ₹3666 Cr which is less than its category average of ₹ 5918 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.43%
Frequently Asked Questions
The current NAV of Edelweiss Mid Cap Fund Direct Plan Growth Option is ₹72.31 as on 29-Sep-2023.
Existing (Absolute + CAGR) as on 29-Sep-2023.
Edelweiss Mid Cap Fund Direct Plan Growth Option | Absolute Returns | CAGR Returns |
1 Month Returns | 3.59% | 3.59% |
6 Month Returns | 29.34% | 29.34% |
1 Year Returns | 25.06% | 25.06% |
3 Years Returns | 141.91% | 34.24% |
5 Years Returns | 164.59% | 21.48% |
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0.45% as on August 2023
₹3666 Cr as on August 2023
The Federal Bank Ltd(4.06%), Persistent Systems Ltd(3.97%), Indian Bank(3.91%), Kajaria Ceramics Ltd(3.71%), Trent Ltd(3.6%) as on August 2023
Financial Services(20.39%), Industrial(20.23%), Consumer Cyclical(20.11%) as on August 2023
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 | -0.5 | 1.88 | 2.22 |
As on August 2023
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 | 0.8 | 0.93 | 0.92 |
As on August 2023
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 | 1.3 | 1.65 | 0.68 |
As on August 2023
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 | 9.7 | 15.52 | 21.48 |
As on August 2023
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 4.21 as on August 2023. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.06 as on August 2023. 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%