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4 star

Edelweiss Mid Cap Fund - Direct Plan


Equity: Mid Cap

1 Lakh

Investment Grown to
₹ 2.05 Lakh

₹ 10000

Monthly SIP Grown to
₹ 6.28 Lakh

Suitability:

"When you invest for seven years or more, you can expect gains that comfortably beat the inflation rate as well as returns from 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. So while you can expect higher returns in the long term, there will be more severe ups and downs along the way.

Like for 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 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.

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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 45.93 -1.44 -2.15 -2.69 5.40 16.83 52.76 26.95 20.74 17.35 --
S&P BSE 150 MidCap TRI 44.88 -0.99 -2.08 -1.97 6.16 16.13 51.64 23.90 19.15 17.17 --
Equity: Mid Cap 41.15 -0.94 -2.33 -2.49 5.31 16.59 49.18 23.62 18.13 15.72 --
Rank within category 8 31 7 20 15 13 11 5 3 4 --
Number of funds in category 27 31 31 31 30 30 27 23 20 19 0

As on 29-Nov-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Mid Cap Fund - Direct Plan  | Invest Online
4 star
Jan-13 52.76 26.95 20.74 0.61% 1,750
Kotak Emerging Equity Fund - Direct Plan  | Invest Online
4 star
Jan-13 49.86 26.40 19.95 0.52% 16,485
Axis Midcap Fund - Direct Plan
5 star
Jan-13 45.12 27.62 24.24 0.46% 15,988
DSP Midcap Fund - Direct Plan  | Invest Online
4 star
Jan-13 29.20 21.20 16.94 0.77% 14,190
Nippon India Growth Fund - Direct Plan  | Invest Online
4 star
Jan-13 51.26 24.86 19.38 1.04% 11,919

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 11.82 15-May-2014 - 22-May-2014 -19.30 16-Mar-2020 - 23-Mar-2020
Month 27.68 07-May-2014 - 06-Jun-2014 -36.76 20-Feb-2020 - 23-Mar-2020
Quarter 41.80 10-Mar-2014 - 09-Jun-2014 -29.83 23-Dec-2019 - 23-Mar-2020
Year 114.64 23-Mar-2020 - 23-Mar-2021 -27.82 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 28.42 24.13 1.02 1.07 0.95 3.24
S&P BSE 150 MidCap TRI 26.37 24.99 0.90 0.94 -- --
Equity: Mid Cap 25.72 23.06 0.95 0.98 0.90 1.68
Rank within category 3 14 8 7 17 8
Number of funds in category 23 23 23 23 23 23

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

As on 31-Oct-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 58
Top 10 Stocks (%) 33.33
Top 5 Stocks (%) 19.66
Top 3 Sectors (%) 36.82
Portfolio P/B Ratio 3.56
Portfolio P/E Ratio 26.33

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 22,519 29,713
Giant (%) -- 5.01
Large (%) 16.46 14.39
Mid (%) 68.49 75.05
Small (%) 15.05 6.86
Tiny (%) -- 0.20

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 Mphasis Technology 42.50 4.58 0.00 4.58
up Crompton Greaves Consumer Electricals Consumer Durable 42.35 4.13 0.00 4.13
down Tata Power Company Energy 48.06 4.06 0.00 4.05
up SRF Diversified 41.28 4.01 0.00 3.67
equal Shriram Transport Finance Company Financial 15.51 3.82 0.00 3.23
up Ashok Leyland Automobile -- 3.02 0.00 3.02
up The Federal Bank Financial 10.27 4.67 0.00 2.79
equal Emami FMCG 40.79 3.02 0.00 2.70
equal Trent Services 528.92 2.73 0.00 2.61
equal Dalmia Bharat Construction 27.75 2.96 0.00 2.55
equal Max Healthcare Institute Healthcare 80.63 2.67 0.00 2.37
equal Balkrishna Industries Automobile 29.31 2.71 0.00 2.36
up Max Financial Services Financial 108.18 3.46 1.33 2.22
equal Laurus Labs Healthcare 26.60 3.28 0.00 2.09
equal Indian Bank Financial 3.86 1.99 0.00 1.99
up Birlasoft Technology 31.99 1.98 0.00 1.98
up City Union Bank Financial 16.81 2.97 1.32 1.93
equal Bharat Electronics Engineering 20.92 1.97 0.00 1.92
equal Cummins India Engineering 27.66 2.31 0.00 1.76
equal Dixon Technologies Engineering 158.90 3.63 0.00 1.76
up Ipca Laboratories Healthcare 27.31 5.09 0.00 1.75
equal Persistent Systems Technology 53.62 1.69 0.00 1.69
up Navin Fluorine International Chemicals 69.79 1.68 0.00 1.68
equal PI Industries Chemicals 56.64 5.46 0.96 1.66
equal Brigade Enterprises Construction -- 1.65 0.00 1.65

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-Oct-2021

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:

— Trideep Bhattacharya since 01-Oct-2021

Education: Mr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance)

Experience: Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.

Funds Managed:


-1.44%

Change from previous, NAV as on 29-Nov-2021

Growth: ₹ 54.3590

IDCW: ₹ 41.6280


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 (₹) --
Lock-in Period Not Applicable
Exit Load 1% for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 01-Jan-2013
Return Since Launch: 21.99%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ 1,750 Cr (As on 31-Oct-2021)
Expense: 0.61% (As on 31-Oct-2021)
Risk Grade: Average
Return Grade: Above Average
Turnover: 51.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW23-Mar-20212.5000

 25-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: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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