Edelweiss Liquid Fund Direct Growth

Edelweiss Liquid Fund Direct Growth

Debt

Direct

Liquid

NAV as on 23-12-2024

₹ 3285.17

Inception Returns

6.8%

/yr

About Edelweiss Liquid Fund Direct Growth

Edelweiss Liquid Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Rahul Dedhia. This fund is suitable to keep your money safe.

Key Parameters

  1. Edelweiss Liquid Fund Direct Growth has ₹6246 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.1.

Returns

Edelweiss Liquid Fund Direct Growth has given a CAGR return of 6.83% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.55%, 6.48% and 5.46% respectively.

Holdings

Edelweiss Liquid Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Corporate. Its top holdings are State Bank Of India, Ultratech Cement Limited, 182 DTB 09012025, 182 DTB 20022025, National Bank For Agriculture And Rural Development

Taxation

As it is a liquid mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
For short term (less than 3 years) capital gains will be taxed at your income slab rate.
For long term (more than 3 years) capital gains will be taxed at 20% with indexation benefit.
Dividends will always be taxed at slab rate.

Investment objective of Edelweiss Liquid Fund Direct Growth

The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. 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 Liquid Fund Direct Growth has no lock in period.

Historical NAV & Returns

Annualised

zero opening, trading, fund transfer fee
3247 people have invested ₹ 16Cr in Edelweiss Liquid Fund Direct Growth in the last three months

Edelweiss Liquid Fund Direct Growth Overview

Expense ratio0.08%
Benchmark
CRISIL Liquid Fund TR INR
AUM₹6246 Cr
Inception Date1 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
0.0%
Lock InNo Lock-in
TurnOver
506.01%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (23-Dec-24)

Period
Edelweiss Liquid Fund Direct Growth
Liquid Index
1M
0.6%
0.4%
3M
1.8%
1.3%
6M
3.6%
2.8%
1Y
7.5%
6.3%
3Y
6.5%
5.7%
5Y
5.5%
4.6%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.8%

AAA
100%

Sector Allocation

Nov'24

Oct'24

Sep'24

Cash Equivalent
100%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 5.9K Cr
₹ 5.7K Cr
₹ 5K Cr
  • AUM of the fund stands at 5.9K Cr as of Nov'24
  • AUM increased by 153.3 Cr between Nov'24 and Oct'24
Cash allocation has gone up from 99.8% to 99.8%
Cash allocation has gone up from 99.8% to 99.8%
  • Debt & Cash

Holdings
Weight%
1M Change
State Bank Of India
State Bank Of India
5.99%
100%
Ultratech Cement Limited
Ultratech Cement Limited
4.77%
0%
182 DTB 09012025
182 DTB 09012025
3.99%
0%
182 DTB 20022025
182 DTB 20022025
3.96%
0%
National Bank For Agriculture And Rural Development
National Bank For Agriculture And Rural Development
3.19%
100%
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Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Liquid Fund Direct Growth, since 11 December 2017
Fund House
Edelweiss Asset Management Limited
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

Insights icon
This fund has one of the lowest expense ratio in the category (liquid). Its expense ratio is 0.08% which is lower than the category average expense ratio of 0.26%.
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In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.31% per annum.
Insights icon
In the last 1 year, this fund has outperformed all funds in its category.
Insights icon
Over the last 3 months, this fund has experienced a 23.7% growth in AUM moving from 5.04K Cr to 6.24K Cr.
Insights icon
In the last 3 years, Aditya Birla Sun Life Liquid Direct Plan Growth has given 6.51% return, outperforming this fund by 0.03% per annum.

Edelweiss Liquid Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 6.83% since inception which is more than its category average return of 5.01%
AUM size ₹6246 Cr

AUM size ₹6246 Cr

This fund has AUM of ₹6246 Cr which is less than its category average of ₹ 13597 Cr
Expense Ratio 0.08%

Expense Ratio 0.08%

This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.23%

Frequently Asked Questions for Edelweiss Liquid Fund Direct Growth

The current NAV of Edelweiss Liquid Fund Direct Growth is ₹3285.17 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Edelweiss Liquid Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.56%
0.56%
6 Month Returns
3.59%
3.59%
1 Year Returns
7.55%
7.55%
3 Years Returns
20.72%
6.48%
5 Years Returns
30.45%
5.46%
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.
0.08% as on November 2024
₹6246 Cr as on November 2024
State Bank Of India(5.99%), Ultratech Cement Limited(4.77%), 182 DTB 09012025(3.99%), 182 DTB 20022025(3.96%), National Bank For Agriculture And Rural Development(3.19%) as on November 2024
Yield to Maturity is 7.04 as on November 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.12 as on November 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Rahul Dedhia is the fund manager of Edelweiss Liquid Fund Direct Growth
The Exit load of Edelweiss Liquid Fund Direct Growth is 0.01%