Edelweiss Large & Mid Fund Direct Growth
Equity
Direct
Large & Mid-Cap
NAV as on 20-12-2024
₹ 100.61
1D
Inception Returns
17.7%
/yr
About Edelweiss Large & Mid Fund Direct Growth
Edelweiss Large & Mid Fund Direct Growth 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 Large & Mid Fund Direct Growth has ₹3745 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Edelweiss Large & Mid Fund Direct Growth has given a CAGR return of 17.71% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 29.85%, 21.51% and 23.03% respectively.
Holdings
Edelweiss Large & Mid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Industrial, Tech, Health, Basic Materials, Energy, Consumer Defensive, Utilities, Real Estate, Communication. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Dixon Technologies (India) Ltd, Persistent Systems Ltd, The Federal Bank Ltd
Taxation
As it is a large & mid-cap mutual fund the taxation is as follows:For short term (less than a year) capital gains will be taxed at 15%For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefitDividends will always be taxed at slab rate. Gains upto Rs 1 lakh are exempt in case of long term.
Investment objective of Edelweiss Large & Mid Fund Direct Growth
The investment objective of the Scheme is to generate income through investment in Securities of various maturities issued and/or created by the Central Government and State Governments of India. However, there can be no assurance that the investment objectives of the Scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Large & Mid Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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1571 people have invested ₹ 71.4L in Edelweiss Large & Mid Fund Direct Growth in the last three months
INDmoney Rank for Edelweiss Large & Mid Fund Direct Growth
Powered by IND quant engine
6
/21
67% Performance
51% Risk Management
91% Cost
6 out of 21 among large & mid-cap
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Edelweiss Large & Mid Fund Direct Growth Overview
| Expense ratio | 0.44% |
Benchmark | S&P BSE 200 India TR INR |
| AUM | ₹3745 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 35.87% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
Trailing Returns
as on (20-Dec-24)
Fund Distribution
as on (30-Nov-24)
Large cap
46.4%
Mid cap
37.3%
Small cap
13.2%
Sector Allocation
Financial Services
25.8%
Consumer Cyclical
16.4%
Industrial
15%
Tech
14.1%
Health
9.7%
Basic Materials
6.9%
Energy
3.1%
Consumer Defensive
2.5%
Utilities
2.3%
Real Estate
2.2%
Communication
1.8%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.34% whereas the fund’s underlying benchmark NIFTY 500 returns stands at -0.60% as on Nov'24
- This fund outperformed NIFTY 500 by 1.94% in Nov'24
- AUM of the fund stands at 3.7K Cr as of Nov'24
- AUM increased by 100 Cr between Nov'24 and Oct'24
Top Stocks bought last month
HDFC Bank Ltd's allocation increased from 4.43% to 4.96%
Indian Hotels Co Ltd's allocation increased from 0.7% to 1%
Zomato Ltd's allocation increased from 1.76% to 1.98%
Top Stocks sold last month
ICICI Bank Ltd's allocation decreased from 3.26 % to 3.2 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 2.62 %
State Bank of India's allocation decreased from 2.03 % to 2.02 %
Mid Cap allocation has gone up from 36.8% to 37.3%
Large Cap allocation has gone down from 46.8% to 46.4%
Small Cap allocation has gone down from 13.6% to 13.2%
Cash allocation has gone down from 2.4% to 1.8%
Top 3 Sectors in November were Financial Services, Consumer Cyclical & Industrial
Nov'24
Financial Services
26%
Consumer Cyclical
16%
Industrial
15%
Oct'24
Financial Services
26%
Consumer Cyclical
16%
Industrial
15%
See all
Top Growth Drivers | 1M Return |
|---|---|
 Dixon Technologies (India) Ltd | 22.7% |
 Persistent Systems Ltd | 16.6% |
 Zomato Ltd | 8.1% |
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Fund House
Edelweiss Asset Management Limited
Total Schemes
Total AUM
₹1.05L Cr
as on 29-Nov-2024
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com
Mutual Fund Insights
This fund has one of the lowest expense ratio in the category (large & mid-cap). Its expense ratio is 0.44% which is lower than the category average expense ratio of 1.2%.
Over the last 1 year, this fund has decreased expense ratio by 6.4% moving from 0.47 to 0.44.
In the last 3 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 31.21% return, outperforming this fund by 9.69% per annum.
In the last 5 years, Motilal Oswal Large and Midcap Fund Direct Growth has given 28.84% return, outperforming this fund by 5.81% per annum.
In the last 1 year, Motilal Oswal Large and Midcap Fund Direct Growth has given 51.52% return, outperforming this fund by 21.67%.
Edelweiss Large & Mid 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 17.71% since inception which is more than its category average return of 16.49%
Fund Allocations
This fund has an allocation of 98.19% in Equity, 0% in Debt and 1.81% in Cash related instruments
AUM size ₹3745 Cr
This fund has AUM of ₹3745 Cr which is less than its category average of ₹ 7358 Cr
Expense Ratio 0.44%
This fund has an expense ratio of 0.44% which is less than its category average expense ratio of 1.37%
Frequently Asked Questions for Edelweiss Large & Mid Fund Direct Growth
The current NAV of Edelweiss Large & Mid Fund Direct Growth is ₹100.61 as on 20-Dec-2024.
Existing (Absolute + CAGR) as on 20-Dec-2024.
Edelweiss Large & Mid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 3.05% | 3.05% |
6 Month Returns | 6.06% | 6.06% |
1 Year Returns | 29.85% | 29.85% |
3 Years Returns | 79.43% | 21.51% |
5 Years Returns | 181.92% | 23.03% |
With INDmoney, the process of investing is very simple and involves zero commission.
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0.44% as on November 2024
₹3745 Cr as on November 2024
HDFC Bank Ltd(4.96%), ICICI Bank Ltd(3.2%), Dixon Technologies (India) Ltd(2.62%), Persistent Systems Ltd(2.49%), The Federal Bank Ltd(2.04%) as on November 2024
Financial Services(25.33%), Consumer Cyclical(16.15%), Industrial(14.75%) as on November 2024
The alpha ratio for the Edelweiss Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 6.72 | 2.36 | 2.34 |
As on November 2024
The alpha for Edelweiss Large & Mid Fund Direct Growth is calculated against S&P BSE 200 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 Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 0.89 | 0.93 | 0.89 |
As on November 2024
The Beta for Edelweiss Large & Mid Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 1.99 | 1.06 | 0.98 |
As on November 2024
The sharpe ratio for Edelweiss Large & Mid Fund Direct Growth is calculated with S&P BSE 200 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 Large & Mid Fund Direct Growth for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss Large & Mid Fund Direct Growth | 12 | 13.39 | 18.11 |
As on November 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 2.07 as on November 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.58 as on November 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
The Exit load of Edelweiss Large & Mid Fund Direct Growth is 1%