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Edelweiss Large & Midcap Index Fund - Direct Plan


Suitability:

When you invest for five years or more, you can expect gains that comfortably beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

This fund invests in a combination of large- and medium-sized companies, providing reasonable degree of flexibility to the fund management team to invest in companies of different sizes, depending on where it expects maximum gains. We believe this flexibility is good for fund investors, but we suggest you also consider flexi-cap funds which offer complete freedom to fund managers to choose companies of different sizes.

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 large & mid-cap fund, if you need to redeem your investment in less than five 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 -- -- -- -- -- -- -- -- -- -- --
S&P BSE Large Mid Cap TRI -- -- -- -- -- -- -- -- -- -- --
Equity: Large & MidCap -- -- -- -- -- -- -- -- -- -- --
Rank within category -- -- -- -- -- -- -- -- -- -- --
Number of funds in category 28 28 28 28 28 28 28 23 20 19 0

As on 03-Dec-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Mirae Asset Emerging Bluechip Fund - Direct Plan  | Invest Online
5 star
Jan-13 46.08 26.38 23.16 0.68% 21,635
Canara Robeco Emerging Equities Fund - Direct Plan  | Invest Online
5 star
Jan-13 42.68 23.82 21.50 0.63% 11,774
Kotak Equity Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 34.62 20.87 18.10 0.62% 8,206
Axis Growth Opportunities Fund - Direct Plan
5 star
Oct-18 51.12 29.26 -- 0.50% 5,006
Invesco India Growth Opportunities Fund - Direct Plan  | Invest Online
4 star
Jan-13 35.03 18.16 18.89 0.62% 4,220

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week -- - -- -
Month -- - -- -
Quarter -- - -- -
Year -- - -- -

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -- -- -- -- -- --
S&P BSE Large Mid Cap TRI* 18.81 21.40 0.70 0.80 -- --
Equity: Large & MidCap* 21.33 22.15 0.80 0.84 0.98 2.10
Rank within category -- -- -- -- -- --
Number of funds in category -- -- -- -- -- --

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

As on

* As on 30-Nov-2021

Asset Allocation (%)

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Concentration & Valuation

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Sector Allocation vis-à-vis Category

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Top Holdings

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As on

Fund Manager

— Bhavesh Jain since 15-Nov-2021

Education: Mr. Jain is a MMS (Finance) from Mumbai University.

Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.

Funds Managed:


--

Change from previous, NAV as on 03-Dec-2021

Growth: ₹ 9.9278

IDCW: ₹ 9.9278


Investment Strategy

The scheme seeks to provide returns before expenses that closely correspond to the total returns of the Nifty Large Midcap 250 Index subject to tracking errors.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) --
Minimum Balance (₹) --
Lock-in Period Not Applicable
Exit Load 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 03-Dec-2021
Return Since Launch: -0.72%
Benchmark: NIFTY Large Midcap 250 TRI
Riskometer: Very High
Type: Open-ended
Assets: ₹ -- Cr (As on )
Expense: -- (As on )
Risk Grade: --
Return Grade: --
Turnover: --

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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