Edelweiss Mid Cap Fund Direct Growth
Equity
Direct
Mid-Cap
NAV as on 21-01-2025
₹ 108.47
1D
Inception Returns
22.7%
/yr
About Edelweiss Mid Cap Fund Direct Growth
Edelweiss Mid Cap Fund Direct Growth is an equity fund. This fund was started on 1 January, 2013. The fund is managed by Dhruv Bhatia. The fund could potentially beat inflation in the long-run.
Key Parameters
- Edelweiss Mid Cap Fund Direct Growth has ₹8666 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 Mid Cap Fund Direct Growth has given a CAGR return of 22.73% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 27.62%, 24.19% and 28.82% respectively.
Holdings
Edelweiss Mid Cap Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Industrial, Consumer Cyclical, Tech, Health, Basic Materials, Real Estate, Consumer Defensive, Communication, Utilities, Energy. Its top holdings are Dixon Technologies (India) Ltd, Persistent Systems Ltd, Lupin Ltd, PB Fintech Ltd, Coforge Ltd
Taxation
As it is a 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 Mid Cap Fund Direct Growth
The investment objective is to seek to generate long-term capital appreciation from a portfolio that predominantly invests in equity and equity-related securities of Mid Cap companies. However, there can be no assurance that the investment objective of the Scheme will be realised.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Mid Cap Fund Direct Growth has no lock in period.
Historical NAV & Returns
Absolute
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34637 people have invested ₹ 19.5Cr in Edelweiss Mid Cap Fund Direct Growth in the last three months
INDmoney Rank for Edelweiss Mid Cap Fund Direct Growth
Powered by IND quant engine
2
/19
89% Performance
52% Risk Management
97% Cost
2 out of 19 among mid-cap
Generated Consistent Returns
Lower probablity of downside risk
Outperformed benchmarks during bull run
No bad points found for this fund.
Edelweiss Mid Cap Fund Direct Growth Overview
| Expense ratio | 0.38% |
Benchmark | S&P BSE Midcap TR INR |
| AUM | ₹8666 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 1.0% |
| Lock In | No Lock-in |
TurnOver | 49.68% |
| 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 (21-Jan-25)
Fund Distribution
as on (30-Nov-24)
Mid cap
71.9%
Small cap
15.3%
Large cap
8%
Sector Allocation
Financial Services
20.2%
Industrial
17.5%
Consumer Cyclical
16.3%
Tech
13.9%
Health
11.7%
Basic Materials
7.4%
Real Estate
4.3%
Consumer Defensive
4%
Communication
1.9%
Utilities
1.4%
Energy
1.4%
All changes are between Sep'24 and Nov'24
- This fund’s returns stands at 1.87% whereas the fund’s underlying benchmark Nifty Midcap 150 returns stands at -0.54% as on Nov'24
- This fund outperformed Nifty Midcap 150 by 2.41% in Nov'24
- AUM of the fund stands at 8.3K Cr as of Dec'24
- AUM has remained same between Dec'24 and Nov'24
Top Stocks sold last month
Persistent Systems Ltd's allocation decreased from 4.88 % to 4.03 %
Dixon Technologies (India) Ltd's allocation decreased from 5.26 % to 3.69 %
Ipca Laboratories Ltd's allocation decreased from 5.26 % to 1.88 %
Cash allocation has gone up from 2.6% to 3.1%
Top 3 Sectors in December were Financial Services, Industrial & Consumer Cyclical
Dec'24
Financial Services
20%
Industrial
18%
Consumer Cyclical
16%
Nov'24
Financial Services
21%
Industrial
18%
Consumer Cyclical
16%
See all
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Dhruv Bhatia
Fund Manager of Edelweiss Mid Cap Fund Direct Growth, since 14 October 2024
Top funds managed
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
In the last 5 years, Quant Mid Cap Fund Growth Option Direct Plan has given 32.54% return, outperforming this fund by 3.72% per annum.
In the last 1 year, Motilal Oswal Midcap Direct Growth has given 32.85% return, outperforming this fund by 5.23%.
This fund has one of the lowest expense ratio in the category (mid-cap). Its expense ratio is 0.38% which is lower than the category average expense ratio of 1.12%.
Over the last 6 months, this fund has experienced a 30.8% growth in AUM moving from 6.62K Cr to 8.66K Cr.
In the last 3 years, Motilal Oswal Midcap Direct Growth has given 29.66% return, outperforming this fund by 5.47% per annum.
Edelweiss Mid 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 22.73% since inception which is more than its category average return of 18.12%
Fund Allocations
This fund has an allocation of 96.88% in Equity, 0% in Debt and 3.12% in Cash related instruments
AUM size ₹8666 Cr
This fund has AUM of ₹8666 Cr which is less than its category average of ₹ 9828 Cr
Expense Ratio 0.38%
This fund has an expense ratio of 0.38% which is less than its category average expense ratio of 1.36%
Frequently Asked Questions for Edelweiss Mid Cap Fund Direct Growth
The current NAV of Edelweiss Mid Cap Fund Direct Growth is ₹108.47 as on 21-Jan-2025.
Existing (Absolute + CAGR) as on 21-Jan-2025.
Edelweiss Mid Cap Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | -6.62% | -6.62% |
6 Month Returns | 2.6% | 2.6% |
1 Year Returns | 27.62% | 27.62% |
3 Years Returns | 91.56% | 24.19% |
5 Years Returns | 254.72% | 28.82% |
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.
0.38% as on December 2024
₹8666 Cr as on December 2024
Dixon Technologies (India) Ltd(4.36%), Persistent Systems Ltd(4.26%), Lupin Ltd(3.02%), PB Fintech Ltd(2.92%), Coforge Ltd(2.91%) as on December 2024
Financial Services(19.6%), Industrial(16.97%), Consumer Cyclical(15.76%) as on December 2024
The alpha ratio for the Edelweiss Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss Mid Cap Fund Direct Growth | 14.51 | 4.79 | 4.5 |
As on December 2024
The alpha for Edelweiss Mid Cap Fund Direct Growth is calculated against S&P BSE Midcap 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 Mid Cap Fund Direct Growth for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss Mid Cap Fund Direct Growth | 0.88 | 0.89 | 0.92 |
As on December 2024
The Beta for Edelweiss Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid 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 Mid Cap Fund Direct Growth | 2.32 | 1.33 | 1.22 |
As on December 2024
The sharpe ratio for Edelweiss Mid Cap Fund Direct Growth is calculated with S&P BSE Midcap 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 Mid 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 Mid Cap Fund Direct Growth | 12.32 | 14.52 | 20.62 |
As on December 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 2.86 as on December 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.92 as on December 2024. It tells the consistency of the fund in generating superior risk-adjusted performance
Dhruv Bhatia is the fund manager of Edelweiss Mid Cap Fund Direct Growth
The Exit load of Edelweiss Mid Cap Fund Direct Growth is 1%