Short Duration debt funds are suitable to invest your money for a duration of 1 year to 3 years. You can expect to earn higher returns than what a bank fixed deposit of a similar duration can fetch.
The risk of incurring a loss in these funds over the said time frame is low, but they do not guarantee returns or safety of capital like a bank deposit. There have been instances when short duration funds have incurred losses.
Remember, these are suitable only to invest for a short time frame of up to 3 years. Do not invest in this, or any other Short Duration fund, if your aim is to build wealth in the long run.
Taxability of earnings:
|CCIL T Bill Liquidity Weight||1.14||0.08||0.11||0.55||1.07||1.97||4.22||4.17||4.41||4.78||4.74|
|Debt: Short Duration||1.73||-0.12||0.08||0.00||1.55||3.16||4.05||5.49||6.49||7.21||7.46|
|Rank within category||2||1||1||1||2||2||22||19||26||25||21|
|Number of funds in category||29||29||29||29||29||29||29||26||26||25||21|
As on 03-Apr-2020
|Best (Period)||Worst (Period)|
|Week||1.16 (24-Mar-2020 - 31-Mar-2020)||-13.26 (22-Sep-2015 - 29-Sep-2015)|
|Month||1.76 (23-Sep-2013 - 23-Oct-2013)||-13.01 (01-Sep-2015 - 01-Oct-2015)|
|Quarter||3.15 (15-Sep-2014 - 15-Dec-2014)||-15.02 (20-Aug-2015 - 19-Nov-2015)|
|Year||10.81 (04-Mar-2014 - 04-Mar-2015)||-10.34 (25-Feb-2015 - 25-Feb-2016)|
|CCIL T Bill Liquidity Weight||4.07||0.27||-5.49||-9.70||--||--|
|Debt: Short Duration||5.54||3.05||0.43||1.01||2.75||4.06|
|Rank within category||20||24||19||17||9||21|
|Number of funds in category||27||27||27||27||27||27|
The Risk Measures have been calculated using calendar month returns for the last three years.
As on 31-Mar-2020
|Fund||1Y High||1Y Low||Category|
|Number of Securities||3||11||3||58|
|Modified Duration (yrs)||0.73||1.70||0.73||--|
|Average Maturity (yrs)||0.81||1.98||0.81||--|
|Yield to Maturity (%)||12.44||13.67||10.04||--|
|Company||Instrument||Credit Rating||1Y Range||% Assets|
|10.25% SD Corporation 17/04/2021||Debenture||A+||0.00 - 30.70||30.70|
|10.50% Sunny View Estates 2021||Debenture||A||0.00 - 30.59||30.59|
|8.12% Nabha Power 28/04/2021||Debenture||AAA||1.68 - 8.22||3.23|
Indicates an increase or decrease or no change in holding since last portfolio
Indicates a new holding since last portfolio
As on 29-Feb-2020
Education: Mr. Dalal is a B.E and MBA.
Experience: Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
Education: Mr. Kaul is a B.Com (H) and MBA (Finance).
Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
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The scheme aims to generate returns commensurate with risks of investing in a short duration portfolio of money market instruments, debt securities, InvITs, REITs and other permissible securities.
|Minimum Investment (₹)||5,000|
|Minimum Addl Investment (₹)||500|
|Minimum SIP Investment (₹)||500|
|Minimum No of Cheques||12|
|Minimum Withdrawal (₹)||500|
|Minimum Balance (₹)||--|
|Exit Load||For units in excess of 10% of the investment,0.5% will be charged for redemption within 365 days|
|Fund House:||Edelweiss Mutual Fund|
|Return Since Launch:||5.19%|
|Benchmark:||NIFTY Short Duration TRI|
|Assets:||₹ 9 Cr (As on 29-Feb-2020)|
|Expense:||0.80% (As on 29-Feb-2020)|
|Return Grade:||Below Average|
|Plan||Record Date||Dividend (₹ / Unit)|
AMC: Edelweiss Asset Management Ltd.
Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098
Phone: 40933400 / 1800-425-0090
Email: [email protected]
Registrar & Transfer Agent: KFin Technologies Pvt Ltd.
Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016
Email: [email protected]