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2 star

Edelweiss Low Duration Fund - Regular Plan


Debt: Low Duration

1 Lakh

Investment declined to
₹ 0.97 Lakh

₹ 10000

Monthly SIP Declined to
₹ 1.16 Lakh

Suitability:

Low Duration debt funds invest in bonds maturing in six months to a year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.

Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.

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 -3.95 0.03 0.12 0.46 1.59 -5.82 -2.90 -0.51 2.52 3.03 4.83
CCIL T Bill Liquidity Weight 2.74 0.00 0.07 0.25 0.60 1.26 3.29 3.96 4.15 4.57 4.77
Debt: Low Duration 5.49 0.03 0.11 0.63 1.33 4.87 6.24 5.08 6.11 6.72 7.44
Rank within category 24 20 8 25 4 25 24 24 23 21 18
Number of funds in category 25 25 25 25 25 25 25 25 24 22 19

As on 26-Oct-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Low Duration Fund - Regular Plan  | Invest Online
2 star
Sep-07 -2.90 -0.51 2.52 1.00 24
ICICI Prudential Savings Fund  | Invest Now
5 star
Sep-02 8.43 7.99 8.13 0.55 19,922
Aditya Birla Sun Life Low Duration Fund  | Invest Online
4 star
May-98 7.84 7.63 7.64 1.22 13,927
SBI Magnum Low Duration Fund  | Invest Online
5 star
Jul-07 7.09 7.54 7.59 1.10 9,746
Kotak Low Duration Fund - Standard Plan  | Invest Online
4 star
Mar-08 8.37 7.86 8.07 1.12 8,418

Best & Worst Performance

Best (Period) Worst (Period)
Week 1.34 (24-Mar-2020 - 31-Mar-2020) -11.92 (03-Jun-2019 - 10-Jun-2019)
Month 1.97 (24-Mar-2020 - 23-Apr-2020) -11.57 (28-May-2019 - 27-Jun-2019)
Quarter 3.30 (03-Sep-2013 - 03-Dec-2013) -10.64 (02-Apr-2019 - 02-Jul-2019)
Year 10.76 (30-Aug-2013 - 01-Sep-2014) -6.73 (25-Mar-2019 - 24-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund -0.13 8.17 -0.64 -0.29 4.04 -0.51
CCIL T Bill Liquidity Weight 3.90 0.32 -3.63 -6.95 -- --
Debt: Low Duration 5.14 4.37 1.09 2.26 -0.74 -0.78
Rank within category 24 20 25 24 25 18
Number of funds in category 25 25 25 25 25 25

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

As on 30-Sep-2020

Portfolio Aggregates

Fund 1Y High 1Y Low Category
Number of Securities 4 11 2 53
Modified Duration (yrs) 0.35 1.14 0.12 0.79
Average Maturity (yrs) 0.36 1.26 0.13 0.90
Yield to Maturity (%) 5.06 13.10 5.06 4.79
Avg Credit Rating AAA -- -- --

Value Research Fund Style

Credit Rating vis-à-vis Category

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Top Holdings

Company Instrument Credit Rating 1Y Range % Assets
equal Reserve Bank of India 182-D 07/01/2021 Treasury Bills SOV 0.00 - 42.00 42.00
equal Reserve Bank of India 364-D 25/03/2021 Treasury Bills SOV 0.00 - 29.18 29.18
equal 9.47% Shriram Transport Finance 2021 Non Convertible Debenture AA+ 0.00 - 24.46 21.02
equal L&T Finance 13/04/2022 Debenture AAA 0.12 - 1.69 0.13

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-Sep-2020

Fund Manager

— 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:

— Rahul Dedhia since 11-Dec-2017

Education: Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.

Experience: Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.

Funds Managed:


0.03%

Change from previous, NAV as on 26-Oct-2020

Growth: ₹ 1,987.7459

Dividend Weekly: ₹ 887.6174

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Dividend Monthly: ₹ 947.3806

Dividend Fortnightly: ₹ 1,785.2089

Dividend Daily: ₹ 887.2856

Dividend: ₹ 1,345.4875


Investment Strategy

The scheme aims to generate returns commensurate with risks of investing in a low 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 0

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 21-Sep-2007
Return Since Launch: 5.38%
Benchmark: NIFTY Low Duration Debt TRI
Riskometer: Moderately Low
Type: Open-ended
Assets: ₹ 24 Cr (As on 30-Sep-2020)
Expense: 1.00% (As on 30-Sep-2020)
Risk Grade: Above Average
Return Grade: Below Average

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Daily03-Jun-20190.6630

 31-May-20190.3088
 28-May-20190.3556
 27-May-20190.8410
 24-May-20190.2131
 23-May-20190.6123
 22-May-20190.1205
 21-May-20190.1128
 20-May-20190.6346
 17-May-20190.2551
 14-May-20190.0975
 10-May-20190.2622
 09-May-20190.1721
 08-May-20190.3102
 07-May-20190.3943
 06-May-20190.3458
 02-May-20190.1216
 30-Apr-20190.3979
 22-Apr-20191.1421
 18-Apr-20190.1093
 16-Apr-20190.1388
 15-Apr-20190.1417
 02-Apr-20190.9284
 31-Mar-20190.2791
 29-Mar-20190.2982
Dividend Fortnightly28-May-20197.2863

 14-May-20191.8990
 30-Apr-20193.5598
 15-Apr-20192.9912
 28-Mar-20196.5758
 14-Mar-20196.6411
 28-Feb-20192.2352
 14-Feb-20194.0579
 28-Jan-20193.6547
 14-Jan-20195.9451
 28-Dec-20185.8054
 14-Dec-20186.8763
 28-Nov-20184.9264
 14-Nov-20185.4285
 29-Oct-20183.2725
 15-Oct-20184.5176
 28-Sep-20182.2279
 14-Sep-20182.4901
 28-Aug-20183.4254
 14-Aug-20184.5154
 30-Jul-20183.6075
 16-Jul-20186.3838
 28-Jun-20184.1081
 14-Jun-20186.1936
 28-May-20183.3001
Dividend Weekly28-May-20191.8591

 21-May-20191.6546
 07-May-20191.0487
 30-Apr-20190.6871
 23-Apr-20190.9725
 16-Apr-20190.5055
 02-Apr-20192.6937
 26-Mar-20191.1548
 19-Mar-20191.3767
 12-Mar-20191.5451
 05-Mar-20191.2884
 26-Feb-20190.1344
 20-Feb-20190.4821
 12-Feb-20192.0961
 29-Jan-20191.2466
 22-Jan-20190.6709
 15-Jan-20191.0245
 08-Jan-20191.3080
 01-Jan-20191.1926
 26-Dec-20181.4753
 18-Dec-20181.8041
 11-Dec-20180.7401
 04-Dec-20181.8528
 27-Nov-20180.9275
 20-Nov-20181.5367
Dividend Monthly27-May-20195.6731

 25-Apr-20197.2032
 25-Feb-20195.7626
 26-Feb-20183.0079
 25-Jan-20183.4403
 26-Dec-20172.7036
 27-Nov-20174.4789
 25-Oct-20173.9730
 25-Sep-20173.2094
 28-Aug-20173.9081
 25-Jul-20174.6852
 27-Jun-20170.0566
 25-May-20170.0479
 25-Apr-20170.0457
 29-Mar-20170.0403
 28-Feb-20170.0442
 27-Jan-20170.0419
 27-Dec-20160.0157
 25-Aug-20150.0427
 27-Jul-20150.0532
 25-Jun-20150.0528
 25-May-20150.0505
 27-Apr-20150.0694
 25-Mar-20150.0449
 25-Feb-20150.0478

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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