Edelweiss Large Cap Fund Direct Growth
Equity
Direct
Large-Cap
NAV as on 27-11-2024
₹ 93.66
1D
Inception Returns
15.9%
/yr
About Edelweiss Large Cap Fund Direct Growth
Edelweiss Large Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Bharat Lahoti, Bhavesh Jain. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Large Cap Fund Direct Growth has ₹1081 Cr worth of assets under management (AUM) as on Oct 2024 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Edelweiss Large Cap Fund Direct Growth has given a CAGR return of 15.88% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 28.38%, 17.30% and 18.91% respectively.
Holdings
Edelweiss Large Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Consumer Cyclical, Health, Tech, Consumer Defensive, Industrial, Energy, Basic Materials, Communication, Utilities, Real Estate. Its top holdings are ICICI Bank Ltd, HDFC Bank Ltd, Reliance Industries Ltd, Larsen & Toubro Ltd, ITC Ltd
Taxation
As it is a large-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 Cap Fund Direct Growth
The investment objective is to seek to generate long-term capital appreciation from a portfolio predominantly consisting equity and equityrelated securities of the 100 largest corporate by market capitalisation listed in India. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Large Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Annualised
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3321 people have invested ₹ 1Cr in Edelweiss Large Cap Fund Direct Growth in the last three months
INDmoney Rank for Edelweiss Large Cap Fund Direct Growth
Powered by IND quant engine
5
/19
72% Performance
59% Risk Management
68% Cost
5 out of 19 among large-cap
5Y returns in the top 25% of the category
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Edelweiss Large Cap Fund Direct Growth Overview
| Expense ratio | 0.67% |
Benchmark | S&P BSE 100 India TR INR |
| AUM | ₹1081 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 76.43% |
| STCG | Redeeming 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 (27-Nov-24)
Fund Distribution
as on (31-Oct-24)
Large cap
79.9%
Mid cap
14.9%
Small cap
1%
Sector Allocation
Financial Services
30.4%
Consumer Cyclical
12%
Health
10.4%
Tech
10.4%
Consumer Defensive
9.5%
Industrial
7.6%
Energy
7.1%
Basic Materials
4.6%
Communication
3.3%
Utilities
3.2%
Real Estate
1.5%
All changes are between Aug'24 and Oct'24
- This fund’s returns stands at -6.26% whereas the fund’s underlying benchmark Nifty 100 returns stands at -6.79% as on Oct'24
- This fund outperformed Nifty 100 by 0.53% in Oct'24
- AUM of the fund stands at 1.1K Cr as of Oct'24
- AUM decreased by 41.2 Cr between Oct'24 and Sep'24
Top Stocks bought last month
Divi's Laboratories Ltd's allocation increased from 0% to 0.79%
Bosch Ltd's allocation increased from 0.01% to 0.66%
ICICI Bank Ltd's allocation increased from 6.8% to 7.4%
Top Stocks sold last month
Reliance Industries Ltd's allocation decreased from 4.16 % to 4.14 %
ITC Ltd's allocation decreased from 3.54 % to 3.47 %
Infosys Ltd's allocation decreased from 3.46 % to 3.36 %
Large Cap allocation has gone down from 80.2% to 79.9%
Small Cap allocation has gone down from 1.1% to 1%
Mid Cap allocation has gone up from 14.6% to 14.9%
Cash allocation has gone up from 1.3% to 1.6%
Top 3 Sectors in October were Financial Services, Consumer Cyclical & Consumer Defensive
Oct'24
Financial Services
30%
Consumer Cyclical
12%
Health
10%
Sep'24
Financial Services
30%
Consumer Cyclical
13%
Consumer Defensive
10%
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Ltd | 7.4% | 3.3% | |
 HDFC Bank Ltd | 6.93% | 0% | |
 Reliance Industries Ltd | 4.14% | 6.3% | |
 Larsen & Toubro Ltd | 3.69% | 0% | |
 ITC Ltd | 3.47% | 0% |
See all
See all
Top Growth Drivers | 1M Return |
|---|---|
 Divis Laboratories Ltd | 5.6% |
 Indian Bank | 2.4% |
 ICICI Bank Ltd | 0.6% |
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Bharat Lahoti
Fund Manager of Edelweiss Large Cap Fund Direct Growth, since 1 October 2021
Top funds managed
Bhavesh Jain
Fund Manager of Edelweiss Large Cap Fund Direct Growth, since 2 May 2017
Top funds managed
Fund House
Edelweiss Asset Management Limited
Total Schemes
Total AUM
₹1.05L Cr
as on 31-Oct-2024
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com
Mutual Fund Insights
Over the last 3 months, this fund has increased expense ratio by 28.8% moving from 0.52 to 0.67.
In the last 5 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 20.86% return, outperforming this fund by 1.95% per annum.
In the last 1 year, Invesco India largecap Fund Direct Plan Growth has given 36.77% return, outperforming this fund by 8.39%.
Over the last 6 months, this fund has experienced a 23.7% growth in AUM moving from 874.24 Cr to 1.08K Cr.
In the last 3 years, Nippon India Large Cap Fund - Direct Plan - Growth Plan has given 22.26% return, outperforming this fund by 4.96% per annum.
Edelweiss Large 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 15.88% since inception which is more than its category average return of 13.56%
Fund Allocations
This fund has an allocation of 98.44% in Equity, 0% in Debt and 1.56% in Cash related instruments
AUM size ₹1081 Cr
This fund has AUM of ₹1081 Cr which is less than its category average of ₹ 6986 Cr
Expense Ratio 0.67%
This fund has an expense ratio of 0.67% which is less than its category average expense ratio of 1.31%
Frequently Asked Questions for Edelweiss Large Cap Fund Direct Growth
The current NAV of Edelweiss Large Cap Fund Direct Growth is ₹93.66 as on 27-Nov-2024.
Existing (Absolute + CAGR) as on 27-Nov-2024.
Edelweiss Large Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.24% | 0.24% |
6 Month Returns | 6.11% | 6.11% |
1 Year Returns | 28.38% | 28.38% |
3 Years Returns | 61.4% | 17.3% |
5 Years Returns | 137.71% | 18.91% |
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.
0.67% as on October 2024
₹1081 Cr as on October 2024
ICICI Bank Ltd(7.4%), HDFC Bank Ltd(6.93%), Reliance Industries Ltd(4.14%), Larsen & Toubro Ltd(3.69%), ITC Ltd(3.47%) as on October 2024
Financial Services(29.9%), Consumer Cyclical(11.84%), Health(10.25%) as on October 2024
The alpha ratio for the Edelweiss Large Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Large Cap Fund Direct Growth | 3 | 3.24 | 2.36 |
As on October 2024
The alpha for Edelweiss Large Cap Fund Direct Growth is calculated against S&P BSE 100 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 Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Large Cap Fund Direct Growth | 0.93 | 0.92 | 0.95 |
As on October 2024
The Beta for Edelweiss Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 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 Large Cap Fund Direct Growth | 1.95 | 0.8 | 0.79 |
As on October 2024
The sharpe ratio for Edelweiss Large Cap Fund Direct Growth is calculated with S&P BSE 100 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 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 Large Cap Fund Direct Growth | 12.44 | 12.59 | 17.89 |
As on October 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 1.37 as on October 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 1.35 as on October 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Bharat Lahoti, Bhavesh Jain are the fund managers of Edelweiss Large Cap Fund Direct Growth
The Exit load of Edelweiss Large Cap Fund Direct Growth is 1%