Edelweiss Equity Savings Fund Direct Growth

Edelweiss Equity Savings Fund Direct Growth is a hybrid fund. This fund was started on 13 October, 2014. The fund is managed by Rahul Dedhia, Bhavesh Jain, Bharat Lahoti. This fund gives you the benefit of diversification.

1. Edelweiss Equity Savings Fund Direct Growth has ₹569 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
2. The fund has an expense ratio 0.6.
   

Edelweiss Equity Savings Fund Direct Growth has given a CAGR return of 9.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 9.41%, 10.50% and 12.54% respectively.

Edelweiss Equity Savings Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Energy, Basic Materials, Industrial, Government, Consumer Cyclical, Health, Tech, Consumer Defensive, Communication, Utilities, Real Estate, Securitize.

As it is a equity savings mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Long term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

The investment objective of the scheme is to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities, and investments in debt and money market instruments. However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated and the scheme does not assure or guarantee any returns.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Equity Savings Fund Direct Growth has no lock in period.