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Edelweiss Mid Cap Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.41 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.99 Lakh

Analyst's Choice?

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like all equity funds, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Do not invest in this, or any other mid cap fund, if you need to redeem your investment in less than seven years.

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 5.49 0.52 3.99 6.96 10.39 10.47 12.93 12.17 10.25 18.82 --
Equity: Mid Cap 4.99 0.44 3.41 6.41 10.72 9.97 10.79 10.53 9.71 17.34 --
Rank within category 8 7 6 8 16 11 9 5 6 2 --
Number of funds in category 26 26 26 25 25 23 23 20 19 17 0

As on 17-Jan-2020

Best & Worst Performance

Best (Period) Worst (Period)
Week -- ( - ) -- ( - )
Month 27.68 (07-May-2014 - 06-Jun-2014) -15.07 (07-Sep-2018 - 09-Oct-2018)
Quarter 41.80 (10-Mar-2014 - 09-Jun-2014) -15.45 (27-Nov-2015 - 26-Feb-2016)
Year 111.14 (28-Jan-2014 - 28-Jan-2015) -19.67 (29-Jan-2018 - 29-Jan-2019)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 12.42 15.72 0.43 0.56 0.87 1.86
Equity: Mid Cap 10.88 15.19 0.34 0.49 0.84 0.51
Rank within category 6 14 8 11 16 8
Number of funds in category 21 21 21 21 21 21

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Dec-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 61
Top 10 Stocks (%) 31.31
Top 5 Stocks (%) 16.87
Top 3 Sectors (%) 48.96
Portfolio P/B Ratio 3.27
Portfolio P/E Ratio 25.05

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 14,557 20,224
Giant (%) -- 9.14
Large (%) -- 5.25
Mid (%) 83.83 78.84
Small (%) 16.17 12.06
Tiny (%) -- 0.09

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Muthoot Finance Financial 13.12 3.56 0.00 3.56
equal Info Edge (India) Services 146.94 3.58 0.00 3.45
equal Federal Bank Financial 12.04 4.67 0.00 3.31
equal Indraprastha Gas Energy 32.10 3.28 0.00 3.28
equal PI Industries Chemicals 43.66 3.34 0.00 3.27
equal Cholamandalam Invest. & Fin. Financial 20.89 4.24 1.41 3.18
equal Apollo Hospitals Healthcare 67.54 4.87 0.00 3.09
equal City Union Bank Financial 24.52 2.97 1.61 2.97
equal Indian Hotels Services 48.83 3.46 0.00 2.61
equal Prestige Estates Projects Construction 33.19 2.59 0.00 2.59
equal Abbott India Healthcare 50.86 2.48 0.00 2.48
down Voltas Cons Durable 47.40 3.79 0.00 2.47
up RBL Bank Financial 22.02 5.17 0.00 2.45
up L&T Finance Holdings Financial 13.70 2.35 0.00 2.35
equal Honeywell Automation Engineering 61.17 2.25 0.00 2.22
equal LIC Housing Fin. Financial 8.80 2.35 0.00 2.21
equal Bata India FMCG 63.27 2.68 0.00 2.13
equal Crompton Greaves Consumer Electricals Cons Durable 35.12 2.22 0.00 2.09
equal Jubilant FoodWorks Services 71.87 3.57 0.00 2.09
equal Ipca Laboratories Healthcare 26.08 1.96 0.00 1.95
down The Ramco Cements Construction 30.80 2.55 0.00 1.94
up Jindal Steel & Power Metals -- 1.84 0.00 1.84
equal Aditya Birla Fashion and Retail Services 60.51 3.37 0.00 1.71
equal JK Cement Construction 20.67 1.67 0.00 1.67
equal Escorts Automobile 19.07 2.93 0.00 1.63

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Dec-2019

Fund Manager

— Harshad Patwardhan since 01-Jan-2013

Education: Mr. Patwardhan is B.Tech from IIT, MBA from IIM and CFA.

Experience: Prior to joining Edelweiss AMC, he was associated with JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities. Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.

Interviews:

Funds Managed:


0.52%

Change from previous, NAV as on 17-Jan-2020

Growth: ₹ 30.5940

Dividend: ₹ 25.2380


Investment Strategy

The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of Mid Cap companies.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 18.52%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 935 Cr (As on 31-Dec-2019)
Expense: 0.60% (As on 31-Dec-2019)
Risk Grade: Average
Return Grade: Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend25-Mar-20190.7083

 22-Mar-20181.2000
 21-Dec-20172.1300
 20-Mar-20150.5000

Contact Information

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]

Website: www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Value Investing

Evaluating a company's financial health from the Cash Flow Statement

dateSaturday, 25-Jan-2020
time12:30 PM - 01:00 PM