Edelweiss Liquid Fund Direct Growth
Debt
Direct
Liquid
NAV: ₹ 3147.83 as on 16-05-2024
About the Fund
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
- Edelweiss Liquid Fund Direct Growth has ₹4528 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.1.
Fund Performance
976 people have invested ₹ 4.4Cr in Edelweiss Liquid Fund Direct Growth in the last three months
Overview
 | 0.08% |
 Benchmark | CRISIL Liquid Fund TR INR |
 | ₹4528 Cr |
 | 1 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 0.007% |
 | No Lock-in |
 TurnOver | 678.37% |
Edelweiss Liquid Fund Direct Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
81.2%
Corporate
15.6%
Government
3.2%
Top Holdings of Edelweiss Liquid Fund Direct Growth as on (30-Apr-24)
Debt Holdings39
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 ICICI Bank Limited | 5.48% | 100% | |
Export-Import Bank Of India | 4.4% | 0% | |
Small Industries Development Bank Of India | 4.4% | 0% | |
Motilal Oswal Financial Services Ltd | 4.39% | 0% | |
Canara Bank | 4.39% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 4.5K Cr as of Apr'24
- AUM decreased by 888.5 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
In the last 1 year, this fund has outperformed all funds in its category.
Over the last 6 months, this fund has decreased expense ratio by 46.7% moving from 0.15 to 0.08.
In the last 5 years, Quant Liquid Plan Growth Option Direct Plan has given 5.77% return, outperforming this fund by 0.41% per annum.
In the last 3 years, Quant Liquid Plan Growth Option Direct Plan has given 5.76% return, outperforming this fund by 0.07% per annum.
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%.
Over the last 1 month, this fund has experienced a 16.4% drop in AUM moving from 5.41K Cr to 4.52K Cr.
Peer Analysis
Fund Manager
Rahul Dedhia
Fund Manager of Edelweiss Liquid Fund Direct Growth, since 11 December 2017
Top funds managed
Edelweiss Liquid Fund Direct Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 6.8% since inception which is more than its category average return of 4.81%
AUM size ₹4528 Cr
This fund has AUM of ₹4528 Cr which is less than its category average of ₹ 12184 Cr
Expense Ratio 0.08%
This fund has an expense ratio of 0.08% which is less than its category average expense ratio of 0.24%
Frequently Asked Questions
The current NAV of Edelweiss Liquid Fund Direct Growth is ₹3147.83 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Edelweiss Liquid Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.56% | 0.56% |
6 Month Returns | 3.77% | 3.77% |
1 Year Returns | 7.41% | 7.41% |
3 Years Returns | 18.09% | 5.7% |
5 Years Returns | 29.79% | 5.35% |
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 April 2024
₹4528 Cr as on April 2024
ICICI Bank Limited(5.48%), Export-Import Bank Of India(4.4%), Small Industries Development Bank Of India(4.4%), Canara Bank(4.39%), Motilal Oswal Financial Services Ltd(4.39%) as on April 2024
Cash Equivalent(81.2%), Corporate(15.58%), Government(3.21%) as on April 2024
Yield to Maturity is 7.2 as on April 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 0.1 as on April 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%