Edelweiss Equity Savings Fund Direct Growth
HybridEquity SavingsModerate Risk
Direct
NAV (17-May-24)
₹24.520.23%1D
Returns (Since Inception)
9.80%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹389 Cr
Expense Ratio
0.59%
ISIN
INF843K01KC8
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
13 Oct 2014
About this fund
Edelweiss Equity Savings Fund Direct Growth is a Equity Savings mutual fund schemes offered by Edelweiss Mutual Fund. This fund has been in existence for 9 years, 7 months and 5 days, having been launched on 13-Oct-14.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹24.52, Assets Under Management (AUM) of 389.20 Crores, and an expense ratio of 0.59%.
As of 17-May-24, it has a Net Asset Value (NAV) of ₹24.52, Assets Under Management (AUM) of 389.20 Crores, and an expense ratio of 0.59%.
- Edelweiss Equity Savings Fund Direct Growth has given a CAGR return of 9.80% since inception.
- The fund's asset allocation comprises around 24.38% in equities, 17.39% in debts, and 58.23% in cash & cash equivalents.
- You can start investing in Edelweiss Equity Savings Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+17.36%
+14.27% (Cat Avg.)
3 Years
+11.26%
+9.49% (Cat Avg.)
5 Years
+11.46%
+9.36% (Cat Avg.)
Since Inception
+9.80%
— (Cat Avg.)
Portfolio Summaryas of 30th April 2024
| Equity | ₹94.89 Cr | 24.38% |
| Debt | ₹67.67 Cr | 17.39% |
| Others | ₹226.64 Cr | 58.23% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹167.68 Cr | 43.08% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹42.28 Cr | 10.86% |
| 7.18% Govt Stock 2033 | Bond - Gov't/Treasury | ₹26.47 Cr | 6.80% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹24.89 Cr | 6.39% |
| HDFC Bank Ltd | Equity | ₹19.85 Cr | 5.10% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-19.38 Cr | 4.98% |
| Ambuja Cements Ltd | Equity | ₹19.3 Cr | 4.96% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-18.11 Cr | 4.65% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹18.02 Cr | 4.63% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-15.9 Cr | 4.08% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-14.12 Cr | 3.63% |
| Bharat Heavy Electricals Ltd | Equity | ₹14.05 Cr | 3.61% |
| Coal India Ltd | Equity | ₹13.27 Cr | 3.41% |
| Future on Coal India Ltd | Equity - Future | ₹-12.27 Cr | 3.15% |
| Reliance Industries Ltd | Equity | ₹10.13 Cr | 2.60% |
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹9.96 Cr | 2.56% |
| The Federal Bank Ltd | Equity | ₹9.91 Cr | 2.55% |
| Edelweiss Liquid Dir Gr | Mutual Fund - Open End | ₹9.78 Cr | 2.51% |
| IndusInd Bank Ltd | Equity | ₹9.44 Cr | 2.42% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-9.43 Cr | 2.42% |
| Kotak Mahindra Bank Ltd | Equity | ₹9.35 Cr | 2.40% |
| Future on Manappuram Finance Ltd | Equity - Future | ₹-8.82 Cr | 2.27% |
| Manappuram Finance Ltd | Equity | ₹8.77 Cr | 2.25% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-8.67 Cr | 2.23% |
| Larsen & Toubro Ltd | Equity | ₹8.24 Cr | 2.12% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-7.7 Cr | 1.98% |
| Future on Zee Entertainment Enterprises Ltd | Equity - Future | ₹-6.96 Cr | 1.79% |
| NTPC Ltd | Equity | ₹6.95 Cr | 1.79% |
| Zee Entertainment Enterprises Ltd | Equity | ₹6.92 Cr | 1.78% |
| Net Receivables/(Payables) | Cash - Collateral | ₹6.03 Cr | 1.55% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-5.98 Cr | 1.54% |
| ICICI Bank Ltd | Equity | ₹5.83 Cr | 1.50% |
| Future on Larsen & Toubro Ltd | Equity - Future | ₹-5.64 Cr | 1.45% |
| National Housing Bank | Bond - Corporate Bond | ₹4.98 Cr | 1.28% |
| Future on NTPC Ltd | Equity - Future | ₹-4.82 Cr | 1.24% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-4.7 Cr | 1.21% |
| Vodafone Idea Ltd | Equity | ₹4.65 Cr | 1.19% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-3.57 Cr | 0.92% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹3.55 Cr | 0.91% |
| State Bank of India | Equity | ₹3.39 Cr | 0.87% |
| Future on Indian Energy Exchange Ltd | Equity - Future | ₹-3.36 Cr | 0.86% |
| Indian Energy Exchange Ltd | Equity | ₹3.34 Cr | 0.86% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-3.22 Cr | 0.83% |
| Adani Enterprises Ltd | Equity | ₹3.21 Cr | 0.82% |
| Bharti Hexacom Ltd | Equity | ₹3.04 Cr | 0.78% |
| ITC Ltd | Equity | ₹2.95 Cr | 0.76% |
| Maruti Suzuki India Ltd | Equity | ₹2.87 Cr | 0.74% |
| Power Finance Corp Ltd | Equity | ₹2.75 Cr | 0.71% |
| Future on ACC Ltd | Equity - Future | ₹-2.44 Cr | 0.63% |
| ACC Ltd | Equity | ₹2.43 Cr | 0.62% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-2.41 Cr | 0.62% |
| Oil & Natural Gas Corp Ltd | Equity | ₹2.4 Cr | 0.62% |
| Future on REC Ltd | Equity - Future | ₹-2.34 Cr | 0.60% |
| REC Ltd | Equity | ₹2.33 Cr | 0.60% |
| Bajaj Finance Ltd | Equity | ₹2.25 Cr | 0.58% |
| Bharti Airtel Ltd | Equity | ₹2.18 Cr | 0.56% |
| Apeejay Surrendra Park Hotels Ltd | Equity | ₹2.11 Cr | 0.54% |
| Axis Bank Ltd | Equity | ₹2.06 Cr | 0.53% |
| Future on Glenmark Pharmaceuticals Ltd | Equity - Future | ₹-1.85 Cr | 0.48% |
| Glenmark Pharmaceuticals Ltd | Equity | ₹1.84 Cr | 0.47% |
| Indian Hotels Co Ltd | Equity | ₹1.77 Cr | 0.45% |
| Jyoti CNC Automation Ltd | Equity | ₹1.62 Cr | 0.42% |
| Lupin Ltd | Equity | ₹1.6 Cr | 0.41% |
| TVS Motor Co Ltd | Equity | ₹1.57 Cr | 0.40% |
| Future on Vedanta Ltd | Equity - Future | ₹-1.56 Cr | 0.40% |
| Vedanta Ltd | Equity | ₹1.56 Cr | 0.40% |
| Multi Commodity Exchange of India Ltd | Equity | ₹1.5 Cr | 0.39% |
| Cholamandalam Financial Holdings Ltd | Equity | ₹1.48 Cr | 0.38% |
| Infosys Ltd | Equity | ₹1.44 Cr | 0.37% |
| Torrent Power Ltd | Equity | ₹1.42 Cr | 0.37% |
| Hindustan Petroleum Corp Ltd | Equity | ₹1.4 Cr | 0.36% |
| Bank of Baroda | Equity | ₹1.4 Cr | 0.36% |
| UltraTech Cement Ltd | Equity | ₹1.36 Cr | 0.35% |
| L & T Finance Ltd.30/05/2024 | Equity - Future | ₹-1.35 Cr | 0.35% |
| L&T Finance Ltd | Equity | ₹1.34 Cr | 0.34% |
| Cipla Ltd | Equity | ₹1.32 Cr | 0.34% |
| Yatra Online Ltd | Equity | ₹1.31 Cr | 0.34% |
| Indian Bank | Equity | ₹1.28 Cr | 0.33% |
| Bharat Petroleum Corp Ltd | Equity | ₹1.23 Cr | 0.32% |
| Gopal Snacks Ltd | Equity | ₹1.2 Cr | 0.31% |
| Abbott India Ltd | Equity | ₹1.19 Cr | 0.31% |
| The Indian Hotels Company Ltd.30/05/2024 | Equity - Future | ₹-1.16 Cr | 0.30% |
| Aurobindo Pharma Ltd | Equity | ₹1.15 Cr | 0.30% |
| UNO Minda Ltd | Equity | ₹1.08 Cr | 0.28% |
| Gabriel India Ltd | Equity | ₹1.08 Cr | 0.28% |
| Tata Consultancy Services Ltd | Equity | ₹1.06 Cr | 0.27% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹1.05 Cr | 0.27% |
| HCL Technologies Ltd | Equity | ₹1.05 Cr | 0.27% |
| Pidilite Industries Ltd | Equity | ₹1.03 Cr | 0.26% |
| ASK Automotive Ltd | Equity | ₹1.02 Cr | 0.26% |
| Stylam Industries Ltd | Equity | ₹0.99 Cr | 0.26% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-0.97 Cr | 0.25% |
| Brookfield India Real Estate Trust | Bond - Asset Backed | ₹0.95 Cr | 0.24% |
| Asian Paints Ltd | Equity | ₹0.94 Cr | 0.24% |
| Tata Motors Ltd Class A | Equity | ₹0.94 Cr | 0.24% |
| PI Industries Ltd | Equity | ₹0.93 Cr | 0.24% |
| Hero MotoCorp Ltd | Equity | ₹0.91 Cr | 0.23% |
| Brigade Enterprises Ltd | Equity | ₹0.89 Cr | 0.23% |
| Accrued Interest | Cash - Collateral | ₹0.87 Cr | 0.22% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-0.87 Cr | 0.22% |
| NMDC Ltd | Equity | ₹0.86 Cr | 0.22% |
| Nestle India Ltd | Equity | ₹0.84 Cr | 0.21% |
| Zomato Ltd | Equity | ₹0.83 Cr | 0.21% |
| Dixon Technologies (India) Ltd | Equity | ₹0.82 Cr | 0.21% |
| Bajaj Finserv Ltd | Equity | ₹0.8 Cr | 0.21% |
| Phoenix Mills Ltd | Equity | ₹0.79 Cr | 0.20% |
| Trent Ltd | Equity | ₹0.78 Cr | 0.20% |
| Colgate-Palmolive (India) Ltd | Equity | ₹0.78 Cr | 0.20% |
| CCL Products (India) Ltd | Equity | ₹0.76 Cr | 0.19% |
| KPIT Technologies Ltd | Equity | ₹0.75 Cr | 0.19% |
| HDFC Asset Management Co Ltd | Equity | ₹0.71 Cr | 0.18% |
| JSW Infrastructure Ltd | Equity | ₹0.69 Cr | 0.18% |
| Tata Steel Ltd | Equity | ₹0.69 Cr | 0.18% |
| Persistent Systems Ltd | Equity | ₹0.67 Cr | 0.17% |
| Muthoot Finance Ltd.30/05/2024 | Equity - Future | ₹0.66 Cr | 0.17% |
| PB Fintech Ltd | Equity | ₹0.65 Cr | 0.17% |
| Torrent Pharmaceuticals Ltd | Equity | ₹0.65 Cr | 0.17% |
| Page Industries Ltd.30/05/2024 | Equity - Future | ₹0.63 Cr | 0.16% |
| Life Insurance Corporation of India | Equity | ₹0.54 Cr | 0.14% |
| Future on Biocon Ltd | Equity - Future | ₹-0.53 Cr | 0.13% |
| Biocon Ltd | Equity | ₹0.52 Cr | 0.13% |
| Future on Coforge Ltd | Equity - Future | ₹-0.46 Cr | 0.12% |
| Coforge Ltd | Equity | ₹0.46 Cr | 0.12% |
| Mindspace Business Parks Reit | Bond - Asset Backed | ₹0.43 Cr | 0.11% |
| Tata Motors Ltd | Equity | ₹0.37 Cr | 0.09% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-0.22 Cr | 0.06% |
| Future on Tata Motors Ltd | Equity - Future | ₹-0.14 Cr | 0.04% |
| Page Industries Ltd | Equity | ₹0.05 Cr | 0.01% |
| Kesoram Industries Ltd | Equity | ₹0.04 Cr | 0.01% |
| Muthoot Finance Ltd | Equity | ₹0.03 Cr | 0.01% |
Allocation By Market Cap (Equity)
Large Cap Stocks
40.19%
Mid Cap Stocks
7.95%
Small Cap Stocks
1.81%
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹89.01 Cr | 22.87% |
| Industrials | ₹46.17 Cr | 11.86% |
| Energy | ₹31.64 Cr | 8.13% |
| Basic Materials | ₹29.14 Cr | 7.49% |
| Consumer Cyclical | ₹17.67 Cr | 4.54% |
| Communication Services | ₹16.79 Cr | 4.32% |
| Healthcare | ₹9.33 Cr | 2.40% |
| Utilities | ₹8.37 Cr | 2.15% |
| Consumer Defensive | ₹6.52 Cr | 1.67% |
| Technology | ₹6.25 Cr | 1.61% |
| Real Estate | ₹1.68 Cr | 0.43% |
Risk & Performance Ratios
Standard Deviation
This fund
3.99%
Cat. avg.
4.70%
Lower the better
Sharpe Ratio
This fund
1.41
Cat. avg.
0.86
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
1.70
Higher the better
Fund Managers
Additional Scheme Detailsas of 30th April 2024
| ISIN | INF843K01KC8 | Expense Ratio | 0.59% | Exit Load | No Charges | Fund Size | ₹389 Cr | Age | 13 Oct 2014 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | NIFTY Equity Savings TR INR |
|---|
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Withdrawal within 1 year
Flat 15% tax on realised gains (STCG - short term capital gains)
Withdrawal after 1 year
10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)
Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Equity Savings Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Kotak Equity Savings Fund Direct Growth Moderate Risk | 0.7% | 1.0% | ₹5132.18 Cr | 20.4% |
| Kotak Equity Savings Fund Regular Growth Moderate Risk | 1.9% | 1.0% | ₹5132.18 Cr | 19.2% |
| Edelweiss Equity Savings Fund Regular Growth Moderate Risk | 1.6% | 0.0% | ₹389.20 Cr | 16.2% |
| Edelweiss Equity Savings Fund Direct Growth Moderate Risk | 0.6% | 0.0% | ₹389.20 Cr | 17.4% |
| Baroda BNP Paribas Equity Savings Fund Regular Growth Moderately High risk | 2.5% | 1.0% | ₹433.01 Cr | 15.6% |
| Baroda BNP Paribas Equity Savings Fund Direct Growth Moderately High risk | 1.5% | 1.0% | ₹433.01 Cr | 16.7% |
| Tata Equity Savings Fund Regular Growth Moderately High risk | 1.1% | 0.0% | ₹141.56 Cr | 15.3% |
| Bandhan Equity Savings Fund Regular Growth Moderate Risk | 1.4% | 0.0% | ₹113.46 Cr | 10.4% |
| PGIM India Equity Savings Fund Regular Growth Low to Moderate Risk | 1.3% | 0.0% | ₹91.25 Cr | 8.9% |
| Sundaram Equity Savings Fund Regular Growth Moderate Risk | 2.2% | 0.0% | ₹815.59 Cr | 19.1% |
About the AMC
Total AUM
₹1,48,645 Cr
Address
J.P.Morgan Tower, Mumbai, 400 098
Other Funds by Edelweiss Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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What is the current NAV of Edelweiss Equity Savings Fund Direct Growth?
The NAV of Edelweiss Equity Savings Fund Direct Growth, as of 17-May-2024, is ₹24.52.
What are the returns of Edelweiss Equity Savings Fund Direct Growth?
The fund has generated 17.36% over the last 1 year and 11.26% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
What is the portfolio composition of Edelweiss Equity Savings Fund Direct Growth?
The fund's allocation of assets is distributed as 24.38% in equities, 17.39% in bonds, and 58.23% in cash and cash equivalents.
Who manages the Edelweiss Equity Savings Fund Direct Growth?
The fund managers responsible for Edelweiss Equity Savings Fund Direct Growth are:-
- Dhawal Dalal
- Bhavesh Jain
- Bharat Lahoti
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.