Edelweiss Liquid Fund Direct Growth

About Edelweiss Liquid Fund - Direct Plan - Growth

The main objective of the Edelweiss Liquid Fund is to provide investors with considerable returns along with ensuring high levels of liquidity. This is made possible by constituting the fund’s portfolio by including money market and debt assets.

Pros and Cons of Edelweiss Liquid Fund - Direct Plan - Growth

Investors who are not willing to bear a higher risk and looking to gain exposure to a diversified portfolio may consider investing in this fund as it possesses low risk. On the flip side, the returns provided by this fund may not be comparable with that of an equity fund during the markets’ high.

Fund Information and Statistics

i) Inception/Launch Date

Edelweiss Liquid Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

Edelweiss Mutual Fund has categorised Edelweiss Liquid Fund under the class of ‘low-risk mutual funds’. Hence, this fund is apt for risk-averse investors.

iii) Redemption

Since Edelweiss Liquid Fund is an open-ended mutual fund scheme, you can place redemption requests at any time.

iv) Fund Manager

Mr Rahul Dedhia and Mr Gautam Kaul are the current fund managers of Edelweiss Liquid Fund.

v) Entry/Exit Load

There is no entry load as per the guidelines of the Indian market regulator. Exit load charges are applied as follows: Redemption within one day: 0.0070% Redemption within two days: 0.0065% Redemption within three days: 0.0060% Redemption within four days: 0.0055% Redemption within five days: 0.0050% Redemption within six days: 0.0045% Redemption after the seventh day: Nil

About Edelweiss Mutual Fund

Edelweiss Mutual Fund, with Edelweiss Trusteeship Company Limited (ETCL) as the trustee and Edelweiss Financial Services as the sponsor, entered the mutual fund fore by registering with the Securities and Exchange Board of India (SEBI) in the year 2007. The assets under management (AUM) of the Edelweiss asset management company amounted to Rs 23,614.37 crore in March 2020.