Edelweiss Flexi Cap Fund Direct Growth
Equity
Direct
Flexi Cap
NAV: ₹ 38.03 as on 16-05-2024
About the Fund
Edelweiss Flexi Cap Fund Direct Growth is an equity fund. This fund was started on 3 February, 2015. The fund is managed by Ashwani Agarwalla. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Flexi Cap Fund Direct Growth has ₹1784 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
- The fund has an expense ratio 0.5.
Fund Performance
1884 people have invested ₹ 67.1L in Edelweiss Flexi Cap Fund Direct Growth in the last three months
Overview
 | 0.45% |
 Benchmark | S&P BSE 500 India TR INR |
 | ₹1784 Cr |
 | 3 February, 2015 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 48.89% |
Edelweiss Flexi Cap Fund Direct Growth Distribution as on (30-Apr-24)
Size breakup
Large cap
68.2%
Mid cap
23.8%
Small cap
7.4%
Sector Allocation
Financial Services
27.3%
Industrial
18.6%
Consumer Cyclical
14.7%
Tech
10%
Energy
6.2%
Basic Materials
6.2%
Utilities
4.8%
Consumer Defensive
4.2%
Health
3.9%
Communication
2.6%
Real Estate
1.7%
Top Holdings of Edelweiss Flexi Cap Fund Direct Growth as on (30-Apr-24)
Equity Holdings66
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Ltd | 5.93% | 0% | |
 ICICI Bank Ltd | 5.41% | 0% | |
 Larsen & Toubro Ltd | 5.01% | 0% | |
 Reliance Industries Ltd | 3.78% | 0% | |
 NTPC Ltd | 2.87% | 0% |
See all
Gainers & Losers Returns for the month of Apr
Top Growth Drivers | 1M Return |
|---|---|
 Trent Ltd | 14.4% |
Voltas Ltd | 1.6% |
Monthly Changes Updates
All changes are between Feb'24 and Apr'24
Fund Performance
- This fund’s returns stands at 4.39% whereas the fund’s underlying benchmark Nifty 500 returns stands at 2.46% as on Apr'24
- This fund outperformed Nifty 500 by 1.93% in Apr'24
AUM Change
- AUM of the fund stands at 1.8K Cr as of Apr'24
- AUM increased by 94.3 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 1 year, this fund has decreased expense ratio by 19.6% moving from 0.56 to 0.45.
In the last 5 years, Quant Flexi Cap Fund Growth Option Direct Plan has given 33.26% return, outperforming this fund by 12.47% per annum.
In the last 1 year, JM Flexicap Fund (Direct) Growth Option has given 64.51% return, outperforming this fund by 24.67%.
This fund has one of the lowest expense ratio in the category (flexi cap). Its expense ratio is 0.45% which is lower than the category average expense ratio of 1.16%.
Over the last 6 months, this fund has experienced a 37.5% growth in AUM moving from 1.29K Cr to 1.78K Cr.
In the last 3 years, JM Flexicap Fund (Direct) Growth Option has given 31.16% return, outperforming this fund by 8.63% per annum.
INDmoney Rank
Powered by IND quant engine
3
/18
62% Performance
40% Risk Management
96% Cost
3 out of 18 among flexi cap
Pros
Beats FD returns for both 3Y & 5Y
Cons
No bad points found for this fund.
Peer Analysis
Fund Manager
Ashwani Agarwalla
Fund Manager of Edelweiss Flexi Cap Fund Direct Growth, since 15 June 2022
Top funds managed
Edelweiss Flexi Cap Fund Direct Growth 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 15.29% since inception which is less than its category average return of 18%
Fund Allocations
This fund has an allocation of 99.33% in Equity, 0% in Debt and 0.67% in Cash related instruments
AUM size ₹1784 Cr
This fund has AUM of ₹1784 Cr which is less than its category average of ₹ 7427 Cr
Expense Ratio 0.45%
This fund has an expense ratio of 0.45% which is less than its category average expense ratio of 1.33%
Frequently Asked Questions
The current NAV of Edelweiss Flexi Cap Fund Direct Growth is ₹38.03 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Edelweiss Flexi Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -0.11% | -0.11% |
6 Month Returns | 23.74% | 23.74% |
1 Year Returns | 39.84% | 39.84% |
3 Years Returns | 83.98% | 22.53% |
5 Years Returns | 157.12% | 20.79% |
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0.45% as on April 2024
₹1784 Cr as on April 2024
HDFC Bank Ltd(5.93%), ICICI Bank Ltd(5.41%), Larsen & Toubro Ltd(5.01%), Reliance Industries Ltd(3.78%), NTPC Ltd(2.87%) as on April 2024
Financial Services(27.1%), Industrial(18.43%), Consumer Cyclical(14.57%) as on April 2024
The alpha ratio for the Edelweiss Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 2.83 | 3.22 | 2.34 |
As on April 2024
The alpha for Edelweiss Flexi Cap Fund Direct Growth is calculated against S&P BSE 500 India 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 1.03 | 0.94 | 0.95 |
As on April 2024
The Beta for Edelweiss Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 2.83 | 1.29 | 0.82 |
As on April 2024
The sharpe ratio for Edelweiss Flexi Cap Fund Direct Growth is calculated with S&P BSE 500 India 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 Flexi Cap Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Flexi Cap Fund Direct Growth | 10.94 | 13.01 | 18.45 |
As on April 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 2.56 as on April 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.76 as on April 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashwani Agarwalla is the fund manager of Edelweiss Flexi Cap Fund Direct Growth
The Exit load of Edelweiss Flexi Cap Fund Direct Growth is 1%