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Edelweiss Short Term Fund - Direct Plan


1 Lakh

Investment declined to
₹ 1.00 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.20 Lakh

Analyst's Choice?

Suitability:

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:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • 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 25% (effectively 29.12%, 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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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund -0.95 0.65 2.16 -0.22 3.95 1.86 --
CCIL T Bill Liquidity Weight 4.21 0.30 0.89 4.41 4.19 4.52 --
Debt: Short Duration 4.97 0.21 2.23 5.63 6.06 7.29 --
Rank within category 23 1 2 23 21 26 --
Number of funds in category 28 29 29 28 26 26 0

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 1.80 (23-Sep-2013 - 23-Oct-2013) -13.01 (01-Sep-2015 - 01-Oct-2015)
Quarter 3.25 (15-Sep-2014 - 15-Dec-2014) -15.01 (20-Aug-2015 - 19-Nov-2015)
Year 11.33 (04-Mar-2014 - 04-Mar-2015) -10.18 (19-Aug-2015 - 18-Aug-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 4.08 5.66 -0.30 -0.16 3.25 3.73
CCIL T Bill Liquidity Weight 4.11 0.25 -6.57 -10.84 -- --
Debt: Short Duration 6.01 3.03 0.53 1.06 3.67 6.35
Rank within category 22 24 22 20 8 22
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 30-Nov-2019

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 5 12 5 57
Modified Duration (yrs) 0.88 1.70 0.88 2.04
Average Maturity (yrs) 0.98 1.98 0.98 2.54
Yield to Maturity (%) 12.56 12.56 9.77 7.37

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal IIFL Home Finance 2020 Debenture AA 10.15 - 28.56 28.56
equal 10.50% Sunny View Estates 2021 Debenture A+ 0.00 - 24.76 24.76
equal 10.25% SD Corporation 17/04/2021 Debenture AA- 0.00 - 24.66 24.66
equal 7.99% Tata Power 16/11/2020 Non Convertible Debenture AA 5.25 - 8.56 8.56
equal 8.12% Nabha Power 28/04/2021 Debenture AAA 1.68 - 8.22 2.61

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 30-Nov-2019

Fund Manager

— Dhawal Dalal since 11-Dec-2017

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.

Funds Managed:

— Gautam Kaul since 01-Feb-2017

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..

Funds Managed:


0.03%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 16.5229

Dividend Monthly: ₹ 9.7213

Dividend: ₹ 16.5154


Investment Strategy

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.

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 For units in excess of 10% of the investment,0.5% will be charged for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 02-Jan-2013
Benchmark: NIFTY Short Duration TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 12 Cr (As on 30-Nov-2019)
Expense: 0.10% (As on 30-Nov-2019)
Risk Grade: Above Average
Return Grade: Below Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly27-May-20190.0827

 25-Apr-20190.0353
 25-Mar-20190.0899
 25-Feb-20190.0225
 25-Jan-20190.0781
 26-Dec-20180.0894
 26-Nov-20180.0572
 27-Aug-20180.0430
 25-Jul-20180.0517
 25-Jun-20180.0512
 25-Aug-20150.0492
 27-Jul-20150.0689
 25-Jun-20150.0370
 25-May-20150.0749
 25-Mar-20150.0418
 25-Feb-20150.0515
 27-Jan-20150.0708
 26-Dec-20140.0668
 25-Nov-20140.0826
 27-Oct-20140.1372
 25-Aug-20140.0454
Dividend Weekly19-Aug-20150.0264

 04-Aug-20150.0116
 28-Jul-20150.0270
 21-Jul-20150.0185
 07-Jul-20150.0233
 23-Jun-20150.0343
 02-Jun-20150.0221
 19-May-20150.0460
 21-Apr-20150.0095
 15-Apr-20150.0146
 07-Apr-20150.0093
 31-Mar-20150.0262
 24-Mar-20150.0115
 17-Mar-20150.0070
 10-Mar-20150.0135
 03-Mar-20150.0128
 24-Feb-20150.0123
 18-Feb-20150.0168
 10-Feb-20150.0053
 03-Feb-20150.0113
 27-Jan-20150.0124
 20-Jan-20150.0213
 13-Jan-20150.0290
 30-Dec-20140.0120
 23-Dec-20140.0161

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

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM