Edelweiss Corporate Bond Fund Regular Growth
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Min amount: ₹300
- Fund Summary
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|Fund Type||Corporate Bond|
|Exit Load||1% for 365 Days|
More about this fund
|Oriental Nagpur Betul Highway Private Limited||34.34%|
|RELIABLE DEVICES TRUST||5.62%|
|Food Corporation of India Limited||2.4%|
About Edelweiss Corporate Bond Fund
Edelweiss Corporate Bond Fund is an open-ended debt scheme which invests in AA+ and above rated corporate bonds. It may also invest in debt & money market instruments (20%) and Units of InvITs/REITs (10%). The scheme may also invest in securities issued by PSU, PFI, Banking entities & private sector. The fund seeks to generate regular income and capital appreciation.
Pros & Cons of Edelweiss Corporate Bond Fund
- Edelweiss Corporate Bond Fund offers the following benefits:
- The fund provides investors with the opportunity to earn returns from corporate bonds.
- It enables investors to diversify their investments and reduce the impact of volatility.
- However, the fund returns are lower than the average category returns.
Fund Information and Statistics of Edelweiss Corporate Bond Fund
i) Inception / Launch date –
Edelweiss Corporate Bond Fund was launched on September 22, 2014, by Edelweiss Mutual Fund.
ii) Risk level –
Edelweiss Corporate Bond Fund is a moderate risk bet and suitable for returns at lesser risks.
iii) Redemption –
The Scheme will offer units for purchase and redemption at applicable NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3 business days.
iv) Fund Manager –
The fund is jointly managed by Mr Dhawal Dalal since November 2016 and Mr Gautam Kaul since December 2017. They have work experience of 32 years between them.
v) Entry / Exit load -
The fund house does not charge any entry load or exit load if up to 10% of the units are redeemed before 365 days. If remaining units are redeemed before 365 days, a 1% exit load will be charged. No exit load is charged after this tenure.
Tax benefits of investing in Edelweiss Corporate Bond Fund
A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend distribution tax will be deducted before the distribution of the dividend.
About Edelweiss Mutual Fund
Edelweiss Mutual Fund is a fiduciary business of Edelweiss Group with Edelweiss Asset Management Limited acting as an investment manager. The fund house strives to offer a disciplined investment process to ensure the growth of investors’ assets. It aims to adhere to the highest ethical standards and focus on growth.
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Min amount: ₹300
All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,
- High Risk = High possible returns
- Low Risk = Stable, relatively lower returns