Edelweiss Short Term Fund Growth - Latest NAV ₹16.6594, Returns, Performance & Portfolio

Edelweiss Short Term Fund Growth

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Start your investment

Min amount: ₹300

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 2.76 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years5.08%
5 Years1.35%
3 Years3.51%
1 Year8%
6 Months3.08%
Fund Details
RiskModerately Low risk
Fund TypeShort Duration
Exit Load0.5% for 365 Days

More about this fundstar

Top HoldingsWeightage
S. D. Corporation Private Limited34.67%
Sunny View Estates Private Limited34.56%

About Edelweiss Short Term Fund

The Edelweiss Short Term Fund is an open-ended short-term debt scheme. It seeks to provide income over the short-term by investing primarily in short-term debt securities and money market instruments such that the Macaulay Duration of the portfolio is between 1 and 3 years. It was earlier known as Edelweiss Short Term Income Fund and was renamed as Edelweiss Short Term Fund on September 18, 2017.

Pros & Cons of Edelweiss Short Term Fund

  • The scheme aims to follow a top-down approach to investing and ensures that the Macaulay Duration of the portfolio is between 1 and 3 years.
  • As on September 30, 2018, the scheme is not ranked under CRISIL’s Short Duration Fund category.
  • Further, it has generated returns of 3.81% per year over the last 5 years (as on January 09, 2019).

Fund Information and Statistics of Edelweiss Short Term Fund

i) Inception / Launch Date

The scheme was launched on 25 March, 2010 by Edelweiss Mutual Fund.

ii) Risk Level

According to the investment objective and asset allocation of the scheme, it has a moderately-low risk level associated with it.

iii) Redemption

The minimum redemption amount is Rs. 5,000 or 500 units. Further, the redemption proceeds are dispatched within 10 business days of the receipt of a valid redemption request.

iv) Fund Manager(s)

Mr. Dhawal Dalal (since November 26, 2016), and Mr. Gautam Kaul (since February 1, 2017) are the Fund Managers of the Edelweiss Short Term Fund.

v) Entry / Exit Load

There is no entry load in this scheme. An exit load of 0.50% is levied if units are redeemed within 2 months from the date of allotment.

Tax benefits of investing in Edelweiss Short Term Fund

The following taxes are applicable to income arising from investing in this scheme:

  • STCG from the debt component is added to the investor’s income and taxed as per the income-tax slab.
  • LTCG component is taxed at 20% with indexation benefits.

About Edelweiss Mutual Fund

Edelweiss Mutual Fund, a fiduciary of the Edelweiss Group, offers a plethora of investment options to Indian investors. It caters to investors from the entire risk spectrum and offers great opportunities for growth. Also, the fund house ensures that it keeps its focus on risk and capital preservation.

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Frequently Asked Questions

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Start your investment

Min amount: ₹300

Calculate Returns

Rs. 1,000 invested monthly becomes Rs. 2.76 Lakhs in a period of 20 years
Moderately Low risk

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