Overview
Edelweiss Liquid Direct Growth
Edelweiss Mutual Fund
The Scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Investments in Edelweiss Liquid Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 3366.1466
Fund Size (AUM)
₹5243.37 Cr
Risk
Low to Moderate (Risk rating: 7/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
01-Jan-2013
Expense Ratio
0.09%
Exit Load
Exit load of 0.0070% if redeemed within 1 day, 0.0065% if redeemed within 2 days, 0.0060% if redeemed within 3 days, 0.0055% if redeemed within 4 days, 0.0050% if redeemed within 5 days, 0.0045% if redeemed within 6 days.
Benchmark
CRISIL Liquid Debt A-I Index
Standard Deviation
0.32
History
Performance & Ratios
1-Year SIP Return
7.53%
3-Year SIP Return
7.35%
5-Year SIP Return
6.48%
Mean Return
6.73%
Alpha
1.91
Beta
0.69
Sharpe Ratio
1.53
Sortino Ratio
1.45
Information Ratio
12.47
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 7.43% | 6.92% | 5.57% | 211.78% |
| Category Average | 7.1% | 6.67% | 5.32% | N/A |
| Rank Within Category | 5 | 4 | 4 | N/A |
Holdings (55)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 6.15% |
| Reserve Bank of India | Financial | T-Bills | 5.21% |
| Bank Of Baroda | Financial | CD | 5.18% |
| National Bank For Agriculture & Rural Development | Financial | CP | 3.79% |
| Reserve Bank of India | Financial | T-Bills | 3.77% |
| Bajaj Finance Ltd. | Financial | CP | 3.76% |
| Reliance Retail Ventures Ltd. | Services | CP | 3.31% |
| Punjab National Bank | Financial | CD | 3.31% |
| National Bank For Agriculture & Rural Development | Financial | CP | 2.85% |
| Reserve Bank of India | Financial | T-Bills | 2.84% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| Aditya Birla Sun Life Liquid Fund Direct Growth | 41051.49 | 7.44 | 6.94 | 0.21 | N/A |
| Mahindra Manulife Liquid Fund Direct Growth | 1025.78 | 7.4 | 6.93 | 0.14 | N/A |
| Union Liquid Fund Direct Growth | 3206.36 | 7.41 | 6.92 | 0.07 | N/A |
| Edelweiss Liquid Direct Growth | 5243.37 | 7.43 | 6.92 | 0.09 | N/A |
| Bajaj Finserv Liquid Fund Direct Growth | 4200.75 | 7.4 | N/A | 0.11 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
Edelweiss Mutual Fund
Edelweiss Mutual Fund started their mutual fund on 30/04/2008 and its managing total assets of Rs. 9,570 Cr. Its ranked at 26 as per total assets at end of 30th Sep 2017. Edelweiss Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Edelweiss Mutual Fund is a fiduciary business of Edelweiss Group. The main aim of Edelweiss Mutual Fund is to provide excellent investment services to all its investors and they believe in setting high moral ethics for the business. They also want to set up a disciplined approach of investing for all its customers.
The asset management company follows a process oriented approach, which ultimately helps investors reach their financial goal. What works in the AMC's favor is their asset management team which is highly experienced and follows a research based methodology, when it comes to investing.
The fund house offers a bouquet of mutual funds ranging across various categories like equity, debt and hybrid and invests in various market capitalization. This approach caters to the needs of all its customers with different investment styles.
Launch Date
2008-04-30T00:00:00.282Z
Total AUM
₹ 144274.95 Cr
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Edelweiss Liquid Direct Growth
Edelweiss Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Edelweiss Liquid Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Edelweiss Liquid Direct Growth?
The top stocks held by Edelweiss Liquid Direct Growth include Reserve Bank of India, Reserve Bank of India, Bank Of Baroda.
Which industries does Edelweiss Liquid Direct Growth invest in?
Edelweiss Liquid Direct Growth primarily invests in the following industries: Financial, Services, Consumer Staples.
Who are the fund managers of Edelweiss Liquid Direct Growth?
The fund managers of Edelweiss Liquid Direct Growth are Rahul Dedhia and Pranavi Kulkarni.
How many years has the fund manager been managing Edelweiss Liquid Direct Growth?
Rahul Dedhia:
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Pranavi Kulkarni:
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What is the minimum investment for Edelweiss Liquid Direct Growth?
The minimum investment for Edelweiss Liquid Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Edelweiss Liquid Direct Growth?
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What are the average 3-year returns for Edelweiss Liquid Direct Growth?
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What is the expense ratio of Edelweiss Liquid Direct Growth, and how does it compare to its category?
The expense ratio of Edelweiss Liquid Direct Growth is 0.09%. The average expense ratio for similar funds in the Debt is Calculating....