Edelweiss Mutual Fund NAV and Scheme Details
Edelweiss Asset Management Company manages Edelweiss Mutual Fund. It is one of the younger mutual funds in the country and offers a quite diverse portfolio of funds as well. Edelweiss Financial Services is the parent company that controls Edelweiss Asset Management Company.
Edelweiss Financial Services has been around since 1996 and received clearance to deal with mutual funds in 2008. Edelweiss Mutual Fund currently offers 84 different funds for their subscribers to choose from.
The total Assets Under Management is at INR 11,814 crores. The AUM makes it one of the largest fund houses in the country. To cater to their customers across the country, they have 11 branches as well.
Edelweiss Mutual Fund has a lot of smart solutions to help you through different financial goals and requirements. There are funds that provide options for short term savings, income in the medium term, long term wealth creation, tax savings, etc.
You can choose from different scheme categories as well, such as equity funds, debts funds, hybrid funds, international funds, etc. Alternatively, you can choose from the different risk profiles as well. There are funds with low risk, low to moderate risk, moderate risk, moderate to high risk, high risk and very high risk.
Edelweiss Mutual Fund Scheme Details
Here are some of the more popular funds and their scheme details.
Edelweiss Mid Cap Fund
As the name suggests, Edelweiss Mid Cap Fund predominantly invests in medium-sized companies. When compared with funds that invest in large-sized companies, Edelweiss mid-cap fund’s value can fluctuate a lot.
If you give it a longer time frame, the chances of getting higher returns are considerably higher. However, you would also see a lot of ups and downs on the way as well. It is recommended to hold on to the fund for a duration of 5 to 7 years.
The fund has over 75,000 active users currently and has offered returns of 12.29% since its inception. The plan has an exit load of 1% for any units that are redeemed within a year of investment.
Edelweiss Large Cap Fund
Edelweiss large-cap fund majorly invests in companies that are large sized. Since these companies are more established, falls in the market don’t necessarily trigger a steep fall in prices. Investors who are a bit more conservative in their approach will find the fund worth investing in.
The fund will help you generate steady and healthy returns over a longer duration. As is the case with any equity-based funds, you need to hold on to the funds for a duration of 5 to 7 years for better results.
Edelweiss large-cap fund has more than 22,000 active investors currently and has offered returns of 14.32% since its inception. The plan has an exit load of 1% for any units that you wish to redeem within a year of investing in the scheme.
Edelweiss Nifty 50 Index Fund
Edelweiss nifty 50 index fund is a passively managed equity fund. The main objective of the fund is to emulate the performance of the index NSE Nifty 50. The fund is relatively new and offers you the option to invest in 50 nifty index stocks under a single banner.
Edelweiss Multicap Fund
Edelweiss multicap fund invests across the board. The fund manager invests across a healthy blend of small-sized, medium-sized and large-sized companies. Because of a healthy mix of companies, the fund value does not fluctuate a lot under any market stress.
The primary objective of the Edelweiss multi-cap fund is to help you generate capital wealth over a period of time. The average returns of the fund over a three-year duration are 16.04% and the same over a five-year duration is 16.04%.
Edelweiss Recently Listed IPO Fund
Edelweiss’ recently listed IPO fund is designed for investors to benefit from companies that either recently went IPO or are planning to do so. However, the fund has a very narrow investment objective. And it is not recommended for everyone. If you want to make the most out of IPOs, the fund is a good option to consider.
Edelweiss recently listed IPO fund has more than 82,000 active investors currently and offered returns of 20.44% since its inception. The exit load for the fund stands at 2% for any redemptions done within 180 days of investing in the fund.
Edelweiss recently listed IPO fund nav changes on a daily basis. It might be very difficult to time the market and get Edelweiss recently listed IPO fund nav offers you maximum value. You can take the SIP route to ensure that you get a good and healthy average for the NAV, instead of timing the market with a low nav.
Conclusion
Edelweiss mutual fund offers a diverse range of funds for their investors to choose from. You can opt for the higher risk equity funds to generate higher returns or opt for the debt funds to generate steady returns at lower risk. With 84 different funds to choose from, you will never run out of options.
