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5 star

Edelweiss Equity Savings Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.35 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.37 Lakh

Suitability:

Equity-savings funds invest about a third of your money each in equity shares, bonds and arbitrage opportunities, though these proportions may vary a bit depending upon the market outlook of the fund manager. These funds are suitable for those who cannot withstand too much volatility in the value of their investments and are content with moderate returns which are slightly higher than fixed income options.

They may also suit those looking for a regular income from their accumulation. The debt and arbitrage portions of these funds can provide a moderate, but steady stream of income. The equity allocation, though adds a bit of volatility, but helps boost returns to keep up with the rate of inflation over the long term.

Invest only if your investment horizon is three years or more. To derive dependable income with some degree of inflation protection, invest your accumulated savings in these funds gradually over at least a few months, and then maintain a withdrawal rate in the range of 4-6 per cent of the value of your investment every year.

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 6.55 0.03 0.41 3.20 3.03 8.01 20.58 10.44 10.29 -- --
VR MIP TRI 5.40 0.20 0.52 2.69 2.76 6.81 20.14 9.94 9.56 -- --
Hybrid: Equity Savings 7.32 0.05 0.37 3.45 3.27 8.69 24.83 9.01 9.38 -- --
Rank within category 13 15 8 16 12 13 16 3 3 -- --
Number of funds in category 23 23 23 23 23 23 23 16 12 0 0

As on 14-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Equity Savings Fund - Direct Plan  | Invest Online
5 star
Oct-14 20.58 10.44 10.29 0.54 119
HDFC Equity Savings Fund - Direct Plan  | Invest Online
4 star
Jan-13 30.67 10.27 12.00 1.32 2,390
Kotak Equity Savings Fund - Direct Plan  | Invest Online
4 star
Oct-14 20.46 9.38 9.88 1.25 1,463
Axis Equity Saver Fund - Direct Plan
4 star
Aug-15 26.56 10.20 10.42 0.91 761
SBI Equity Savings Fund - Direct Plan
3 star
May-15 29.84 10.36 10.14 1.02 1,411

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 3.50 01-Apr-2020 - 09-Apr-2020 -4.86 16-Mar-2020 - 23-Mar-2020
Month 6.50 23-Mar-2020 - 22-Apr-2020 -9.48 20-Feb-2020 - 23-Mar-2020
Quarter 10.67 24-Mar-2020 - 23-Jun-2020 -7.79 23-Dec-2019 - 23-Mar-2020
Year 27.36 23-Mar-2020 - 23-Mar-2021 -2.04 22-Mar-2019 - 23-Mar-2020

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 9.92 6.47 0.87 1.17 0.89 0.99
VR MIP TRI 9.52 6.87 0.76 0.89 -- --
Hybrid: Equity Savings 8.83 9.70 0.50 0.56 1.33 -2.39
Rank within category 5 1 1 1 1 1
Number of funds in category 16 16 16 16 16 16

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

As on 31-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 84
Number of Bonds 4
Average Maturity (yrs) 1.43
Top 10 Holdings (%) 53.80
Portfolio P/B Ratio 2.89
Portfolio P/E Ratio 24.83

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
up Edelweiss Liquid Direct-G Mutual Fund -- 0.00 - 9.23 8.86
equal Edelweiss NIFTY PSU Bond Plus SDL Index Fund - 2026 Direct-G Mutual Fund -- 0.00 - 9.03 8.56
equal 5.25% HDFC Bank 19/06/2021 Fixed Deposits -- 1.63 - 2.77 1.63
equal 5.25% HDFC Bank 16/07/2021 Fixed Deposits -- 0.00 - 2.13 1.26
equal 5.25% HDFC Bank 23/06/2021 Fixed Deposits -- 0.84 - 1.42 0.84
equal Others CBLO -- - 7.49

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

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Adani Ports and Special Economic Zone Services 31.17 8.32 0.00 8.22
equal HDFC Financial 24.55 8.43 0.00 6.09
equal Infosys Technology 32.41 6.91 0.69 4.66
new Reliance Industries Energy 30.87 5.55 0.00 4.50
equal Bharti Airtel Communication -- 4.72 0.00 4.43
equal ICICI Bank Financial 24.18 3.87 1.19 3.24
equal SAIL Metals 13.91 2.83 0.00 2.82
equal HDFC Bank Financial 25.88 3.66 0.08 2.42
equal State Bank of India Financial 17.13 6.58 0.38 1.94
down HCL Technologies Technology 24.09 4.28 0.00 1.84
equal Grasim Industries Construction 22.76 1.98 0.00 1.52
new NMDC Metals 14.57 1.23 0.00 1.23
equal ITC FMCG 19.44 7.35 0.62 1.10
equal Indusind Bank Financial 27.46 2.72 0.00 1.07
equal Kotak Mahindra Bank Financial 35.28 1.34 0.00 1.00
equal Hindalco Inds. Metals 25.51 0.99 0.00 0.99
new DLF Construction 68.38 6.90 0.00 0.96
equal Tata Consultancy Services Technology 37.49 1.82 0.50 0.83
equal Axis Bank Financial 31.67 2.00 0.00 0.83
equal Larsen & Toubro Construction 18.39 2.15 0.56 0.82
equal Brookfield India Real Estate Trust REIT Construction -- 0.89 0.00 0.79
equal Canara Bank Financial 8.89 0.82 0.00 0.73
equal Hindustan Unilever FMCG 69.85 2.57 0.25 0.70
equal Ultratech Cement Construction 35.37 0.69 0.00 0.56
equal Maruti Suzuki India Automobile 49.49 1.73 0.45 0.53

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-May-2021

Fund Manager

— Bharat Lahoti since 18-Sep-2017

Education: Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies

Experience: Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.

Funds Managed:


0.03%

Change from previous, NAV as on 14-Jun-2021

Growth: ₹ 18.2690

IDCW Monthly: ₹ 14.0841

More

IDCW: ₹ 13.4705

Bonus: ₹ 18.2774


Investment Strategy

The scheme seeks to provide capital appreciation and income distribution to the investors by using equity and equity related instruments, arbitrage opportunities and investments in debt and money market instruments.

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 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 13-Oct-2014
Return Since Launch: 9.45%
Benchmark: NIFTY Equity Savings TRI
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 119 Cr (As on 31-May-2021)
Expense: 0.54% (As on 30-Apr-2021)
Risk Grade: Low
Return Grade: Above Average
Turnover: 97.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly25-May-20210.0900

 26-Apr-20210.0900
 23-Mar-20210.0900
 22-Feb-20210.0900
 25-Jan-20210.0900
 28-Dec-20200.0900
 25-Nov-20200.0900
 27-Oct-20200.0900
 23-Sep-20200.0900
 27-Apr-20200.0900
 24-Feb-20200.0797
 28-Jan-20200.0797
 24-Dec-20190.0797
 25-Nov-20190.0797
 29-Oct-20190.0797
 23-Sep-20190.0797
 26-Aug-20190.0797
 22-Jul-20190.0797
 24-Jun-20190.0797
 27-May-20190.0797
 30-Apr-20190.0797
 25-Mar-20190.0797
 25-Feb-20190.0797
 28-Jan-20190.0797
 24-Dec-20180.0797
IDCW23-Mar-20210.0500

 23-Sep-20200.2200
 23-Mar-20200.1948
 24-Dec-20190.1948
 23-Sep-20190.1948
 24-Jun-20190.1948
 25-Mar-20190.1948
 24-Dec-20180.1948
 24-Sep-20180.1948
 25-Jun-20180.1771
 22-Mar-20180.2000
 20-Feb-20180.1500
 23-Oct-20170.1500
 19-Jun-20170.1500
 20-Feb-20170.1800
 18-Oct-20160.0600
 26-Jul-20160.0600
 11-Apr-20160.1500
 15-Oct-20150.1500
 19-Jun-20150.0500
 13-Mar-20150.1500

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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