Edelweiss Large & Mid Fund Direct Plan Growth Option
Fund overview
 Net Asset Value 59.182 |  AUM (Fund size) 1,060.89 Crore |  Lock-in period 0 |
 Exit Load 1 % for 365 days |  Expense ratio 0.68% |  Risk Very High Risk |
Top holdings
| Holdings | Weightage |
|---|---|
| Infosys Ltd | 5.83% |
| ICICI Bank Ltd | 5.64% |
| HDFC Bank Ltd | 5.34% |
| State Bank of India | 3.91% |
| Clearing Corporation Of India Ltd. | 3.82% |
| Reliance Industries Ltd | 3.28% |
| Mphasis Ltd | 2.84% |
| Bharti Airtel Ltd | 2.8% |
| HCL Technologies Ltd | 2.75% |
| SRF Ltd | 2.61% |
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About Edelweiss Large & Mid Cap Fund - Direct Plan - Growth
As the name suggests, Edelweiss Large & Mid Cap Fund invests predominantly in the large and mid-cap stocks. The main intention of the scheme is to provide investors with excellent returns with a blend of value and growth techniques of investment. The fund tries to provide reasonable returns during all market cycles.
Pros and Cons of Edelweiss Large & Mid Cap Fund - Direct Plan - Growth
The most significant advantage you get by investing in Edelweiss Large & Mid Cap Fund is that you get exposure to a diversified portfolio consisting of large and midcap stocks. On the flip side, the risk possessed by this fund is on the higher side, and the fund can be volatile and easily influenced by the market movements.
Fund Information and Statistics
i) Inception/Launch Date The Edelweiss Large & Mid Cap Fund was launched on 1 January 2013.
ii) Risk Level As per Edelweiss Mutual Funds, the Edelweiss Large & Mid Cap Fund carries ‘moderately high risk’. However, it is less risky as compared to a smallcap fund while it is riskier than debt funds.
iii) Redemption The Edelweiss Large & Mid Cap Fund is an open-ended scheme, and hence, you can redeem your units any time.
iv) Fund Manager Mr Harshad Patwardhan is the current fund manager of the Edelweiss Large & Mid Cap Fund.
v) Entry/Exit Load There is no exit load as per the norms of the Securities and Exchange Board of India (SEBI). An exit load of 1% applies if you withdraw more than 10% of the units within 12 months of investment. No exit load on redemptions made after one year.
About Edelweiss Mutual Funds
As per the norms of the Securities and Exchange Board of India (SEBI), the Edelweiss Mutual Funds registered itself with the market regulator with Edelweiss Financial Services and Edelweiss Trusteeship Company Limited (ETCL) as the sponsor and trustee respectively. The fund house entered the mutual fund fore back in August 2007, and as of March 2020, its assets under management (AUM) was Rs 12,414.68 crore.
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Frequently Asked Questions
What are equity funds?
Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization
What is recommended investment duration?
It is the suggested period for which one should invest in a mutual fund. It does not mean that the money will be locked-in for that period. While the investor can withdraw the money anytime before, it is advisable to stay invested for the suggested period to reap the best benefits (returns).
What are large cap, mid cap, small cap and multi cap equity funds?
SEBI ranks all listed companies based on the overall market capitalization (total value of outstanding shares). Equity funds are schemes which concentrate their investments in shares of companies of different market capitalization. Large-cap funds invest in top 100 companies Mid-cap funds invest in companies ranking from 101 to 250 Small-cap funds invest in companies ranking from 251st onwards Multi-cap funds invest in small cap, mid cap and large cap companies
What are liquid funds?
Liquid funds is a type of mutual funds which have a very short maturity period, not more than 91 days. The shorter maturity period, makes it almost a risk-free investment. Investing in mutual funds will give you higher returns as compared to a savings account which generally offer interests below 4%. At the same time, you can get your money out of liquid funds any time without any penalty or cost.
What are ELSS funds?
ELSS funds are tax saving mutual funds, in which majority of the funds are invested in equity schemes. ELSS has a lock-in period of 3 years. ELSS has benefits over other conventional tax saving instruments like FDs, NPS, etc. It has the lowest lock in period and the returns are higher than the other tax-saving schemes.
What are Balanced/ Hybrid funds?
Hybrid funds are mutual funds in which the fund manager allocates your money in both equity and debt in a certain ratio. The ratio is decided when the fund is announced and it remains constant throughout.
What are annualized returns?
The return for a period more than 1 year is annualized. For instance, a 3-Year Return (annualized) of 18% means the fund gave 18% return each year, on an average, for the last 3 years. An initial investment of Rs 1000 would have grow into: Rs 1000*1.18*1.18*1.18 = Rs 1643 in 3 years.
What is a lock-in period?
It is the period for which your money will remain locked in the mutual fund. Most mutuals do not have any lock-in period. ELSS, Tax-Savers, come with a lock-in of 3 years which is the lowest compared to other 80C investment options.
Should I choose Monthly SIP or One time investment?
An SIP allows you to invest a fixed sum regularly in mutual fund(s) of your choice. A one-time investment is when you invest on-time in bulk in mutual fund(s). SIP comes with few advantages: It allows you to invest small amount every month without the stress of paying in bulk. Investing all through the year averages the cost of investing - you don?t end up paying too much per unit of mutual fund. Gives you financial discipline
Is KYC necessary for ClearTax?
KYC is necessary for all fund houses. If you are investing through ClearTax, you need to do your KYC just once. The same KYC will be used for all further investments.
How to do KYC on ClearTax?
KYC verification through ClearTax is a very simple process. You can verify by: Using OTP sent to your Aadhaar-registered mobile number OR By uploading photos/scans of the required documents
Will the NAV be alloted on the same day as the date of payment?
Once the payment is successful and the KYC is complete, the NAV allocation is expected to be done by the next working day of the date of payment. In case of bank and trading market holidays, delay in allocation is expected from the Fund Houses
How much time will it take to get the folio number after the payment?
It takes 2-3 working days to get the folio number once we receive the payment and transaction is processed to the respective Fund House.
What are short terms funds?
Short term funds are mainly those funds which invest in instruments with short maturities, ranging from 1-3 years. These are ideal for conservative investors as they are not majorly affected by interest rate movement.
What are debt-funds?
Debt funds is an investment vehicle that mainly invest in fixed income securities like corporate bonds, treasury bills, government securities and other money market instruments.
What are Bluechip funds?
Bluechip funds are those funds that invest in stocks of well established companies which have proved to perform financially well over a long period of time.
