Edelweiss Equity Savings Fund Direct Growth
Hybrid
Direct
Equity Savings
NAV: ₹ 24.42 as on 02-05-2024
About the Fund
Edelweiss Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 13 October, 2014. The fund is managed by Bharat Lahoti, Bhavesh Jain, Dhawal Dalal. This fund gives you the benefit of diversification.
Key Parameters
- Edelweiss Equity Savings Fund Direct Growth has ₹372 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.9.
Fund Performance
252 people have invested ₹ 49.4L in Edelweiss Equity Savings Fund Direct Growth in the last three months
Overview
 | 0.92% |
 Benchmark | NIFTY Equity Savings TR INR |
 | ₹372 Cr |
 | 13 October, 2014 |
 | ₹100/₹100 |
 Exit Load | 0.25% |
 | No Lock-in |
 TurnOver | 96.25% |
Edelweiss Equity Savings Fund Direct Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
59.1%
Mid cap
8.1%
Small cap
4.1%
Sector Allocation
Financial Services
33.8%
Industrial
17.9%
Energy
13.1%
Basic Materials
11.1%
Consumer Cyclical
7.3%
Health
3.6%
Consumer Defensive
3.5%
Communication
3.4%
Utilities
3%
Tech
2.8%
Real Estate
0.6%
Top Holdings of Edelweiss Equity Savings Fund Direct Growth as on (30-Apr-24)
Equity Holdings86
Debt Holdings7
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 372.4 Cr as of Mar'24
- AUM increased by 6.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (equity savings). Its expense ratio is 0.92% which is lower than the category average expense ratio of 1.06%.
Over the last 6 months, this fund has experienced a 28.8% growth in AUM moving from 289.1 Cr to 372.41 Cr.
In the last 3 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 14.89% return, outperforming this fund by 3.48% per annum.
In the last 5 years, Sundaram Equity Savings - Direct Plan - Growth Option has given 13.74% return, outperforming this fund by 2.51% per annum.
In the last 1 year, HSBC Equity Savings Direct Plan Growth Plan has given 24.32% return, outperforming this fund by 6.51%.
Peer Analysis
Fund Manager
Bharat Lahoti
Fund Manager of Edelweiss Equity Savings Fund Direct Growth, since 18 September 2017
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Equity Savings Fund Direct Growth, since 1 October 2021
Top funds managed
Dhawal Dalal
Fund Manager of Edelweiss Equity Savings Fund Direct Growth, since 26 November 2016
Top funds managed
Edelweiss Equity Savings Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 9.79% since inception which is more than its category average return of 8.05%
Fund Allocations
This fund has an allocation of 25.46% in Equity, 18.29% in Debt and 56.24% in Cash related instruments
AUM size ₹372 Cr
This fund has AUM of ₹372 Cr which is less than its category average of ₹ 1220 Cr
Expense Ratio 0.92%
This fund has an expense ratio of 0.92% which is less than its category average expense ratio of 1.16%
Frequently Asked Questions
The current NAV of Edelweiss Equity Savings Fund Direct Growth is ₹24.42 as on 02-May-2024.
Existing (Absolute + CAGR) as on 02-May-2024.
Edelweiss Equity Savings Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.51% | 1.51% |
6 Month Returns | 10.14% | 10.14% |
1 Year Returns | 17.81% | 17.81% |
3 Years Returns | 38.27% | 11.41% |
5 Years Returns | 70.26% | 11.23% |
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.
0.92% as on April 2024
₹372 Cr as on April 2024
7.18% Govt Stock 2033(7.18%), 7.06% Govt Stock 2028(6.71%), Edelweiss Liquid Dir Gr(5.29%), Ambuja Cements Ltd(5.12%), HDFC Bank Ltd(5.08%) as on April 2024
Cash Equivalent(55.31%), Government(17.08%), Financial Services(8.6%) as on April 2024
AAA | 100 |
Bharat Lahoti, Bhavesh Jain, Dhawal Dalal are the fund managers of Edelweiss Equity Savings Fund Direct Growth
The Exit load of Edelweiss Equity Savings Fund Direct Growth is 0.25%