Edelweiss Liquid Fund - Direct Plan

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Value Research Rating

4 star

Analyst’s Choice

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Riskometer

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Moderate

₹3,098.4086 0.02%

As on 01-Mar-2024

Returns

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Calculate SIP Returns of Edelweiss Liquid Fund - Direct Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Portfolio of Edelweiss Liquid Fund - Direct Plan

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Peer Comparison

Other details of Edelweiss Liquid Fund - Direct Plan

Assets info

₹5,068 Cr

Exit Load (Days) info

0.01 (1)

Min. Investment (₹)

100

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

100

Min. No of Cheques

6

Investment Strategy

The Scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

Suitability

"Liquid funds invest in bonds having maturity of up to three months. They are suitable to park the amount you have set aside to meet any emergency needs or any surplus money that you don't need for a few weeks up to a year. You can expect to earn better returns than what you would get from a bank account.

The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital. Though rare, there have been few instances when liquid funds have incurred losses.

Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."

Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

FAQ for Edelweiss Liquid Fund - Direct Plan

Edelweiss Liquid Fund - Direct Plan is mandated to invest in bonds having a maturity of up to three months.

Mutual funds can be bought directly from the website of the fund house. For instance, Edelweiss Liquid Fund - Direct Plan fund can be purchased from the website of Edelweiss Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Edelweiss Liquid Fund - Direct Plan is ₹3,098.4086 as of 02-Mar-2024.

The AUM of Edelweiss Liquid Fund - Direct Plan Fund is ₹5,068 Cr as of 31-Jan-2024

The riskometer level of Edelweiss Liquid Fund - Direct Plan is Moderate. See More

Company Percentage of Portfolio

Union Bank of India CD 20/03/2024

6.35

Reserve Bank of India T-Bills 364-D 07/03/2024

5.88

Punjab National Bank CD 05/03/2024

4.41

Reserve Bank of India T-Bills 91-D 14/03/2024

3.92

Motilal Oswal Financial Services Ltd CP 90-D 29/02/2024

3.92
See More

As of 31-Jan-2024, Edelweiss Liquid Fund - Direct Plan had invested 100.88% in Debt and -0.88% in Cash & Cash Eq. See More

Edelweiss Liquid Fund - Direct Plan is 11 years 2 months old. It has delivered 6.78% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
7.32%
5.40%
5.34%
5.86%
6.49%
6.78%

No, There is no lock in period in Edelweiss Liquid Fund - Direct Plan.

The expense ratio of Edelweiss Liquid Fund - Direct Plan is 0.08.

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