Edelweiss Mid Cap Fund Direct Plan Growth Option

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.