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3 star

Edelweiss Mid Cap Fund - Regular Plan


Equity: Mid Cap

1 Lakh

Investment declined to
₹ 0.99 Lakh

₹ 10000

Monthly SIP Declined to
₹ 3.40 Lakh

Suitability:

When you invest for seven years or above, you can expect gains that comfortably beat the inflation rate and are also higher than fixed income options.

This is a fund that invests in medium-sized companies. Compared to those that invest in larger companies, such funds tend to fall more when stock prices fall. Therefore, you can expect higher returns in the long-term, but more severe ups and downs along the way.

Like 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 mid cap fund, if you need to redeem your investment in less than seven 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 paid by the mutual fund scheme are taxed at the rate of 10% (effectively 11.648%, 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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(₹)
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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 -7.06 0.97 2.80 7.31 16.45 -8.07 -3.02 -0.24 5.01 16.63 12.66
S&P BSE 150 MidCap TRI -5.97 0.26 2.18 7.93 22.30 -7.47 -0.76 -0.48 6.68 14.92 9.68
Equity: Mid Cap -6.73 0.44 2.18 6.89 17.99 -7.78 -2.84 -1.22 4.79 15.72 11.35
Rank within category 15 2 8 13 21 16 11 8 10 7 3
Number of funds in category 28 30 30 30 30 28 25 22 20 18 16

As on 09-Jul-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Mid Cap Fund - Regular Plan  | Invest Online
3 star
Dec-07 -3.02 -0.24 5.01 2.34 780
DSP Midcap Fund - Regular Plan  | Invest Online
5 star
Nov-06 2.81 2.02 8.35 1.90 6,498
Kotak Emerging Equity Fund Regular Plan  | Invest Online
4 star
Mar-07 -3.80 -0.25 6.96 1.93 6,449
L&T Midcap Fund  | Invest Online
4 star
Aug-04 -5.17 -2.55 6.87 1.97 5,699
Axis Midcap Fund  | Invest Online
5 star
Feb-11 7.18 8.74 7.98 2.00 5,511

Best & Worst Performance

Best (Period) Worst (Period)
Week 21.64 (14-May-2009 - 21-May-2009) -20.19 (03-Oct-2008 - 10-Oct-2008)
Month 41.06 (06-May-2009 - 05-Jun-2009) -40.42 (26-Sep-2008 - 27-Oct-2008)
Quarter 90.03 (09-Mar-2009 - 10-Jun-2009) -50.37 (02-Sep-2008 - 02-Dec-2008)
Year 148.33 (09-Mar-2009 - 09-Mar-2010) -68.46 (14-Jan-2008 - 13-Jan-2009)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 2.28 24.02 -0.13 -0.13 0.92 -0.30
S&P BSE 150 MidCap TRI 2.33 25.56 -0.12 -0.13 -- --
Equity: Mid Cap 1.39 23.29 -0.16 -0.17 0.89 -1.28
Rank within category 9 13 9 9 13 9
Number of funds in category 23 23 23 23 23 23

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

As on 30-Jun-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 55
Top 10 Stocks (%) 35.58
Top 5 Stocks (%) 20.92
Top 3 Sectors (%) 41.48
Portfolio P/B Ratio 3.01
Portfolio P/E Ratio 23.64

Portfolio Aggregates

Fund Category
Average Mkt Cap (Rs Cr) 13,443 16,803
Giant (%) -- 8.13
Large (%) 6.62 6.96
Mid (%) 74.20 75.56
Small (%) 19.18 12.95
Tiny (%) -- 0.28

Value Research Fund Style

Sector Allocation vis-à-vis Category

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Top Holdings

Company Sector P/E 3Y High 3Y Low % Assets
equal Indraprastha Gas Energy 23.00 4.60 0.00 4.60
equal PI Industries Chemicals 52.29 4.60 0.00 4.54
up Tata Consumer Products FMCG 86.41 4.43 0.00 4.43
equal Ipca Laboratories Healthcare 34.29 4.14 0.00 3.90
equal Abbott India Healthcare 55.74 3.58 0.00 3.45
up Max Financial Services Financial 104.04 3.25 0.00 3.25
equal Jubilant FoodWorks Services 79.45 3.57 0.00 3.13
equal Dixon Technologies Engineering 59.81 2.80 0.00 2.80
equal Torrent Power Energy 13.52 2.78 0.00 2.74
equal City Union Bank Financial 21.49 2.97 1.61 2.74
down Torrent Pharmaceuticals Healthcare 39.02 2.86 0.00 2.71
down Escorts Automobile 29.32 3.01 0.00 2.70
equal Honeywell Automation Engineering 52.14 2.83 0.00 2.63
up Crompton Greaves Consumer Electricals Cons Durable 31.18 2.60 0.00 2.60
equal Muthoot Finance Financial 13.90 3.56 0.00 2.60
up SRF Diversified 21.98 2.53 0.00 2.53
up Pfizer Healthcare 37.04 2.45 0.00 2.45
down Apollo Hospitals Healthcare 42.92 4.87 0.00 2.43
down Bata India FMCG 50.31 3.88 0.00 2.25
equal Multi Commodity Exchange India Financial 28.05 2.24 0.00 2.24
equal Aarti Industries Chemicals 30.88 2.61 0.00 2.18
equal GMM Pfaudler Engineering 85.14 2.12 0.00 2.12
equal JK Cement Construction 22.74 2.00 0.00 2.00
equal Mphasis Technology 14.22 3.71 0.00 1.75
down Voltas Cons Durable 35.88 3.79 0.00 1.67

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-2020

Fund Manager

— Harshad Patwardhan since 09-Nov-2007

Education: Mr. Patwardhan is B.Tech from IIT, MBA from IIM and CFA.

Experience: Prior to joining Edelweiss AMC, he was associated with JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities. Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.

Interviews:

Funds Managed:


0.97%

Change from previous, NAV as on 09-Jul-2020

Growth: ₹ 25.0430

Dividend: ₹ 16.8260


Investment Strategy

The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of Mid Cap companies.

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 1% for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 26-Dec-2007
Return Since Launch: 7.59%
Benchmark: NIFTY Midcap 100 TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 780 Cr (As on 31-May-2020)
Expense: 2.34% (As on 31-May-2020)
Risk Grade: Average
Return Grade: Average
Turnover: 79.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend23-Mar-20201.7531

 25-Mar-20190.7083
 22-Mar-20181.2000
 21-Dec-20172.1300
 20-Mar-20151.5000

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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