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1 star

Edelweiss Corporate Bond Fund - Regular Plan


Debt: Corporate Bond

1 Lakh

Investment Grown to
₹ 1.02 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.19 Lakh

Suitability:

Corporate Bond funds invest mainly in high-grade corporate bonds (those with a credit rating of AA+ and above). They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable 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 fund 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 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 0.45 -0.01 0.32 -6.57 -3.21 -1.12 2.37 -0.01 3.19 -- --
VR Bond 5.95 -0.02 0.12 0.74 2.19 4.86 7.21 6.94 7.51 -- --
Debt: Corporate Bond 7.08 -0.10 0.10 0.39 3.77 5.56 10.27 7.35 7.88 -- --
Rank within category 20 1 1 20 20 20 20 15 13 -- --
Number of funds in category 20 20 20 20 20 20 20 15 13 10 8

As on 06-Aug-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Corporate Bond Fund - Regular Plan  | Invest Online
1 star
Sep-14 2.37 -0.01 3.19 1.03 13
HDFC Corporate Bond Fund  | Invest Online
4 star
Jun-10 11.50 8.88 9.14 0.60 20,062
Aditya Birla Sun Life Corporate Bond Fund  | Invest Online
5 star
Mar-97 11.72 8.91 9.09 0.45 20,061
ICICI Prudential Corporate Bond Fund  | Invest Now
4 star
Jun-09 11.20 8.42 8.66 0.59 15,799
Kotak Corporate Bond Fund - Standard Plan  | Invest Online
5 star
Sep-07 10.14 8.59 8.58 0.61 4,607

Best & Worst Performance

Best (Period) Worst (Period)
Week 2.62 (24-Mar-2020 - 31-Mar-2020) -13.69 (03-Jun-2019 - 10-Jun-2019)
Month 3.60 (24-Mar-2020 - 23-Apr-2020) -13.17 (10-May-2019 - 10-Jun-2019)
Quarter 6.05 (23-Mar-2020 - 22-Jun-2020) -12.61 (11-Mar-2019 - 10-Jun-2019)
Year 11.20 (30-Sep-2014 - 30-Sep-2015) -8.85 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 0.46 8.79 -0.54 -0.33 -0.34 -4.21
VR Bond 6.81 1.95 0.81 1.77 -- --
Debt: Corporate Bond 7.25 2.85 1.10 2.20 0.60 1.07
Rank within category 15 15 15 15 1 15
Number of funds in category 15 15 15 15 15 15

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

As on 31-Jul-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 3 15 3 72
Modified Duration (yrs) 0.76 3.09 0.76 --
Average Maturity (yrs) 0.84 4.30 0.84 --
Yield to Maturity (%) 12.84 14.56 7.58 --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal 10.25% SD Corporation 17/04/2021 Debenture A+ 0.00 - 81.52 76.53
equal 8.28% Oriental Nagpur Betul Highway 30/03/2022 Debenture AAA 2.39 - 12.32 11.59
equal Reliance Retail Ltd. 20/12/2021 Zero Coupon Bonds AAA 0.41 - 2.02 1.90

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-Jun-2020

Fund Manager

— Gautam Kaul since 03-Aug-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:


-0.01%

Change from previous, NAV as on 06-Aug-2020

Growth: ₹ 12.9911

Dividend Yearly: ₹ 12.9908

More

Dividend Weekly: ₹ 9.8510

Dividend Monthly: ₹ 9.4976

Dividend Fortnightly: ₹ 12.9686

Dividend: ₹ 12.9931


Investment Strategy

The scheme aims to generate returns commensurate with risks of investing in a portfolio comprising of AA+ and above rated corporate bonds across the maturity spectrum.

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,1% will be charged for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 22-Sep-2014
Return Since Launch: 4.55%
Benchmark: NIFTY Corporate Bond TRI
Riskometer: Moderate
Type: Open-ended
Assets: ₹ 13 Cr (As on 30-Jun-2020)
Expense: 1.03% (As on 30-Jun-2020)
Risk Grade: High
Return Grade: Low

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Weekly07-Jul-20200.0469

 30-Jun-20200.0415
 23-Jun-20200.0391
 16-Jun-20200.0406
 09-Jun-20200.0208
 02-Jun-20200.0468
 26-May-20200.0420
 19-May-20200.0820
 21-Apr-20200.0431
 03-Apr-20180.0166
 27-Mar-20180.0436
 20-Mar-20180.0153
 13-Mar-20180.0264
 14-Feb-20180.0062
 06-Feb-20180.0004
 30-Jan-20180.0002
 23-Jan-20180.0080
 16-Jan-20180.0064
 09-Jan-20180.0204
 17-Oct-20170.1665
 12-Jul-20170.0187
 27-Jun-20170.0181
 14-Jun-20170.0359
 07-Jun-20170.0505
 24-May-20170.0295
Dividend Fortnightly28-May-20190.0183

 14-Dec-20170.1985
 29-Jun-20170.0144
 15-Jun-20170.0790
 30-May-20170.0297
 16-May-20170.0266
 02-May-20170.0130
 18-Apr-20170.0328
 30-Mar-20170.0464
 15-Mar-20170.0048
 01-Mar-20170.0161
 15-Feb-20170.0036
 31-Jan-20170.0174
 17-Jan-20170.0517
 29-Nov-20160.0446
 15-Nov-20160.0518
 28-Oct-20160.0036
 14-Oct-20160.0401
 28-Sep-20160.0315
 14-Sep-20160.0282
 29-Aug-20160.0144
 16-Aug-20160.0409
 28-Jul-20160.0371
 14-Jul-20160.0545
 28-Jun-20160.0195
Dividend Monthly27-May-20190.0291

 25-Mar-20190.1131
 25-Feb-20190.1298
 25-Jan-20190.0487
 26-Dec-20180.0972
 26-Nov-20180.0320
 27-Aug-20180.0501
 25-Jul-20180.0396
 26-Mar-20180.0864
 25-Jan-20180.0214
 27-Nov-20170.0061
 25-Oct-20170.0361
 25-Sep-20170.0293
 28-Aug-20170.0613
 25-Jul-20170.0559
 27-Jun-20170.0922
 25-May-20170.0621
 25-Apr-20170.0439
 29-Mar-20170.0432
 28-Feb-20170.0271
 27-Jan-20170.0729
 27-Dec-20160.0863
 25-Oct-20160.0499
 26-Sep-20160.0613
 25-Aug-20160.0599

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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