Edelweiss Mid Cap Fund Direct Plan Growth Option
Min amount: ₹500
- Fund Summary
- More about Fund
- Related funds
- Why Cleartax
|Risk||Very High Risk|
|Exit Load||1% for 365 Days|
More about this fund
|Cholamandalam Investment and Finance Co Ltd||4.75%|
|Shriram Transport Finance Co Ltd||3.68%|
|The Federal Bank Ltd||3.35%|
|JK Cement Ltd||3.18%|
|Dalmia Bharat Ltd||2.9%|
|Gujarat Gas Ltd||2.78%|
|Apollo Hospitals Enterprise Ltd||2.65%|
|Jindal Steel & Power Ltd||2.59%|
|Ashok Leyland Ltd||2.31%|
About Edelweiss Mid Cap Fund
Edelweiss Mid Cap Fund is an open-ended equity scheme which invests in mid cap stocks of companies that can outperform and create wealth. The scheme cherry picks the right stock from good quality companies, after an in-depth analysis, for wealth creation. Mostly companies with strong growth, earning, and product offering potential are chosen.
Pros and Cons of Edelweiss Mid Cap Fund
The fund picks the right companies to invest in so as to ensure good returns to the investors. However, the one-year and three-year returns have been lower than the category average returns.
Fund Information and Statistics
i) Inception/Launch Date Edelweiss Mid Cap Fund was launched on 1 January 2013.
ii) Risk Level The scheme includes a high risk profile and is suitable for those who are looking at long-term capital growth. It predominantly invests in equity and equity related securities of mid-cap companies.
iii) Redemption Though there is no lock-in period as in the case of equity-linked saving schemes, an exit load may be charged based on the time of redemption.
iv) Fund Manager Mr Harshad Patwardhan is the current Fund Manager for the scheme.
v) Entry/Exit Load Entry load has been discontinued based on the norms set up by SEBI. However, an exit load of 1% may be charged if you redeem the units within 12 months from the date of allocation. Redeeming the units after the completion of 12 months will attract zero exit load.
About Edelweiss Asset Management Limited
Edelweiss Asset Management Limited is a division of Edelweiss Group’s investment and advisory services. The asset management company (AMC) was set up on 23 August 2007. Edelweiss Financial Services Limited is the sponsor for the AMC whereas Edelweiss Trusteeship Company Limited is the trustee. The average assets under management (AAUM) of the company as on 30 June 2020 is Rs.23614.37 crore.
" Great investing experience! Contacted the support with queries.. Got immediate response and all my doubts clarified. Will definitely recommend ClearTax to friends "IT Developer, Bangalore
" I am new to investments and got all the information I need on your website. The suggestions for mutual fund investments and tax savings are great. "Software Engineer, Indore
" Investing through ClearTax is super easy and simple. It is extremely helpful for investors with less finance knowledge. "Campus Manager, Bangalore
Invest Now in 3 Easy Steps
Why ClearTax Invest?
- Our experts do all the research and offer only the BEST mutual funds
- Trusted by Over 25 Lakh Indians
- Invest in just 5 minutes
- No paperwork required
- Simple and easy to use
Frequently Asked Questions
- Read More
Min amount: ₹500
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