Edelweiss Mid Cap Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 30, 2024
114.990.84%
- Growth - Direct
(Earn upto 1.36% Extra Returns with Direct Plan)
Fund Category:
Equity: Mid Cap
Expense Ratio:
0.39%(0.62% Category
average)Fund Size:
Rs. 6,994.17 Cr(1.81% of Investment in Category)
- Invest in MFADD TO PORTFOLIO
Edelweiss Mid Cap Direct Plan-Growth
(Scheme Rating)
NAV as of Aug 30, 2024
114.990.84%
Expense Ratio:
0.39%
Fund Size:
Rs. 6,994.17 Cr
Fund Category:
Equity: Mid Cap
1. Current NAV: The Current Net Asset Value of the Edelweiss Mid Cap Fund - Direct Plan as of Aug 30, 2024 is Rs 114.99 for Growth option of its Direct plan.
2. Returns: Its trailing returns over different time periods are: 61.89% (1yr), 30.27% (3yr), 34.26% (5yr) and 24.06% (since launch). Whereas, Category returns for the same time duration are: 51.46% (1yr), 25.89% (3yr) and 29.35% (5yr).
3. Fund Size: The Edelweiss Mid Cap Fund - Direct Plan currently holds Assets under Management worth of Rs 6994.17 crore as on Jul 31, 2024.
4. Expense ratio: The expense ratio of the fund is 0.4% for Direct plan as on Aug 07, 2024.
5. Exit Load: Edelweiss Mid Cap Fund - Direct Plan shall attract an Exit Load, "Exit load of 1%, if redeemed within 90 days."
6. Minimum Investment: Minimum investment required is Rs 100 and minimum additional investment is Rs 100. Minimum SIP investment is Rs 100.
Edelweiss Mid Cap Direct Plan-Growth Returns
Trailing Returns
Rolling Returns
Discrete Period
SIP Returns
1M 3M 6M 1Y 3Y 5Y Annualized Returns 3.58 19.14 30.71 61.35 29.36 34.38 Category Avg 0.76 14.49 24.74 50.04 25.09 29.35 Rank within Category 1 2 5 5 5 3 No. of funds within Category 47 47 47 45 31 25 - Loading...
- Loading...
Return Comparison
- This Fund
- BenchmarkNIFTY Midcap 150 Total Return Index
Choose from Benchmarks
- S&P BSE Sensex
- Nifty 50
- 1M
- 3M
- 6M
- 1Y
- 5Y
Edelweiss Mid Cap Direct Plan-Growth Fund Details
Investment Objective - The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of Mid Cap companies.
Fund House | Edelweiss Mutual Fund |
Launch Date | Jan 01, 2013 |
Benchmark | NIFTY Midcap 150 Total Return Index |
Return Since Launch | 24.12% |
Riskometer | Very High |
Type | Open-ended |
Risk Grade | Average |
Return Grade | Above Average |
Edelweiss Mid Cap Direct Plan-Growth Investment Details
Minimum Investment (Rs.) | 100.00 |
Minimum Additional Investment (Rs.) | 100.00 |
Minimum SIP Investment (Rs.) | 100.00 |
Minimum Withdrawal (Rs.) | 1.00 |
Exit Load Exit load of 1%, if redeemed within 90 days. |
Portfolio Allocation
Asset Allocation
Asset Allocation History
Sector Allocation
Market Cap Allocation
Concentration & Valuation Analysis
JUL 2024 | JUN 2024 | MAY 2024 | APR 2024 | MAR 2024 | FEB 2024 | |
---|---|---|---|---|---|---|
Number of Holdings | 76 | 72 | 72 | 71 | 70 | 67 |
Top 5 Company Holdings | 17.86% | 17.65% | 17.28% | 17.92% | 18.8% | 19.76% |
Top 10 Company Holdings | 29.1% | 30.39% | 30.88% | 32.74% | 33.3% | 33.87% |
Company with Highest Exposure | Persistent Systems (4.43%) | Dixon Technologies (India) (4.35%) | Dixon Technologies (India) (3.86%) | Trent (3.86%) | Persistent Systems (4.46%) | Persistent Systems (4.88%) |
Number of Sectors | 15 | 15 | 15 | 15 | 14 | 13 |
Top 3 Sector Holdings | 44.39% | 49.46% | 47.0% | 47.52% | 46.56% | 45.73% |
Top 5 Sector Holdings | 64.89% | 67.06% | 64.68% | 64.53% | 64.32% | 64.17% |
Sector with Highest Exposure | Capital Goods (18.35%) | Capital Goods (22.61%) | Capital Goods (20.88%) | Financial (19.23%) | Financial (20.8%) | Financial (20.67%) |
Top Stock Holdings
Sector Holdings in MF
Company Sector Assest(%) P/E EPS-TTM(₹) RETURN 1 YR(%) Persistent Systems Technology 4.43 68.02 76.02 98.89 Dixon Technologies (India) Capital Goods 4.17 182.17 72.30 168.49 Trent Services 3.54 149.18 47.99 249.91 Indian Bank Financial 2.87 8.36 67.86 43.33 Cummins India Capital Goods 2.85 56.79 65.94 115.88 Solar Industries India Chemicals 2.62 104.96 102.22 112.67 The Federal Bank Financial 2.55 11.83 16.46 35.63 PB Fintech Services 2.25 - - - JSW Energy Capital Goods 1.95 63.59 11.18 96.63 Voltas Consumer Discretionary 1.87 126.26 13.81 110.67
![Discover Mutual Funds](/https/economictimes.indiatimes.com/photo/msid-100097201,quality-100/discover-mf.jpg)
Peer Comparison
Cumulative Returns
SIP returns
Discrete Returns
Quant Measures
Asset Allocation
Scheme Name NAV(Rs./Unit) Scheme Rating AUM(Rs. Cr) 1M 1Y 3Y 5Y Edelweiss Mid Cap Direct Plan-Growth 114.02 6,994.17 3.58 61.35 29.36 34.38 Quant Mid Cap Fund Direct-Growth 272.54 9,282.92 -2.23 57.40 33.19 39.44 Motilal Oswal Midcap Fund Direct-Growth 115.65 14,445.55 1.70 64.92 38.85 35.32 HDFC Mid-Cap Opportunities Direct Plan-Growth 205.80 75,382.30 -0.61 47.74 30.16 31.63 Kotak Emerging Equity Fund Direct-Growth 152.35 50,601.84 1.01 49.81 26.34 31.69
Risk Ratios
Ratios are calculated using the calendar month returns for the last 3 years
Standard Deviation
Standard Deviation
Standard deviation is the deviation of the fund's return around mean.
High Volatality
14.35VS14.20Fund Vs Category Avg
Beta
Beta
Beta shows the portfolio risk in relation to the market. A beta of less than 1 means that the fund returns are less volatile compared to the broader market. A beta of more than 1 means that the fund returns are more volatile than the broader markets. A beta equal to 1 means that fund's volatility is in line with the broader market.
High Volatality
0.94VS0.91Fund Vs Category Avg
Sharpe Ratio
Sharpe Ratio
Sharpe ratio is a risk adjusted performance measure. A fund with a higher Sharpe ratio is considered better than a fund with a lower Sharpe ratio.
Better risk-adjusted returns
1.44VS1.36Fund Vs Category Avg
Treynor's Ratio
Treynor's Ratio
Treynor is a risk adjusted performance measure. A fund with a higher Treynor ratio is considered better than a fund with a lower Treynor ratio.
Better risk-adjusted returns
22.04VS21.22Fund Vs Category Avg
Jensen's Alpha
Jensen's Alpha
Alpha shows the ability of the fund manager to outperform the market. A higher Alpha is preferred.
Better risk-adjusted returns
1.21VS0.33Fund Vs Category Avg
Mean Return
Mean Return
Average return generated by the fund during a specified period.
Better average monthly returns
26.23VS24.76Fund Vs Category Avg
Risk Ratio Chart
- Risk Ratio
- Category Average
Edelweiss Mutual Fund News
- SME IPO frenzy stuns Radhika Gupta, calls it sin of bull market
- It is pointless trying to invest in the #1 fund: Radhika Gupta of Edelweiss Mutual Fund explains
- 'Stop showing 1-year Mutual Fund performances': Why Edelweiss MF Chief Radhika Gupta isn't happy with return numbers
- Mango Millionaire: Radhika Gupta announces new book on investing
Fund Manager
- T.B.Trideep BhattacharyaSince Oct 20217 schemes
- R.K.Raj KoradiaSince Aug 20247 schemes
Mr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance) Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Edelweiss Small Cap Fund Direct - Growth Small Cap 48.96 3,986.11 45.01 Edelweiss Flexi Cap Fund Direct-Growth Flexi Cap 44.50 2,247.99 50.92 Edelweiss ELSS Tax Saver Fund Direct -Growth ELSS 131.26 392.22 42.74 Edelweiss Large & Mid Cap Direct Plan-Growth Large & MidCap 101.88 3,543.86 45.48 Edelweiss Technology Fund Direct - Growth Sectoral-Technology 11.97 Unrated 592.62 - Edelweiss Multi Cap Fund Direct - Growth Multi Cap 15.62 Unrated 2,256.65 - Edelweiss Focused Fund Direct - Growth Flexi Cap 17.46 Unrated 877.11 46.26 Mr. Koradia has done B.Com and CA Prior to joining Edelweiss Mutual Fund, he has worked with First Voyager Advisors, Optimum Infosystem Private Limited, Morgan Stanley and Edelweiss Securities
Scheme Name Category Nav(Rs./Unit) Scheme Rating Asset(Rs. Cr) 1Y Edelweiss Small Cap Fund Direct - Growth Small Cap 48.96 3,986.11 45.01 Edelweiss Flexi Cap Fund Direct-Growth Flexi Cap 44.50 2,247.99 50.92 Edelweiss Large & Mid Cap Direct Plan-Growth Large & MidCap 101.88 3,543.86 45.48 Edelweiss ELSS Tax Saver Fund Direct -Growth ELSS 131.26 392.22 42.74 Edelweiss Focused Fund Direct - Growth Flexi Cap 17.46 Unrated 877.11 46.26 Edelweiss Multi Cap Fund Direct - Growth Multi Cap 15.62 Unrated 2,256.65 - Edelweiss Technology Fund Direct - Growth Sectoral-Technology 11.97 Unrated 592.62 -
More Edelweiss Mutual Fund
Scheme Name | Rating | Asset Size(Cr) | 1M | 3M | 6M | 1Y | 3Y |
---|---|---|---|---|---|---|---|
Edelweiss Balanced Advantage Fund Direct-Growth | 10,622.55 | 1.68 | 7.33 | 11.94 | 26.51 | 13.81 | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct - Growth | 10,062.74 | 0.71 | 2.11 | 3.66 | 7.94 | - | |
Edelweiss Arbitrage Fund Direct-Growth | 8,768.07 | 0.71 | 2.38 | 4.14 | 8.39 | 6.30 | |
Edelweiss Liquid Direct-Growth | 7,329.77 | 0.62 | 1.87 | 3.63 | 7.33 | 5.44 | |
BHARAT Bond FOF - April 2030 Direct - Growth | 6,824.72 | 0.55 | 2.65 | 3.94 | 8.55 | 6.65 | |
Edelweiss Mid Cap Direct Plan-Growth | 5,066.57 | 0.39 | 8.86 | 19.31 | 50.68 | 25.86 | |
BHARAT Bond FOF - April 2025 Direct - Growth | 4,909.69 | 0.70 | 1.90 | 3.40 | 7.59 | 5.45 | |
BHARAT Bond FOF - April 2031 Direct - Growth | 4,518.30 | 0.42 | 2.67 | 3.94 | 8.67 | 6.40 | |
BHARAT Bond ETF FOF - April 2032 Direct - Growth | 4,320.82 | 0.44 | 2.84 | 4.28 | 8.38 | - | |
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct - Growth | 3,266.73 | 0.76 | 2.34 | 3.78 | 8.12 | - |
Mutual Fund Tools
Top AMCs
- SBI Mutual Fund
- ICICI Prudential Mutual Fund
- HDFC Mutual Fund
- Nippon India Mutual Fund
- Kotak Mahindra Mutual Fund
- Aditya Birla Sun Life Mutual Fund
- UTI Mutual Fund
- Axis Mutual Fund
- Mirae Asset Mutual Fund
- DSP Mutual Fund
- Edelweiss Mutual Fund
- Tata Mutual Fund
- Bandhan Mutual Fund
- HSBC Mutual Fund
- Franklin Templeton Mutual Fund
1. Edelweiss Mid Cap Fund - Direct Plan is Open-ended Mid Cap Equity scheme which belongs to Edelweiss Mutual Fund House.
2. The fund was launched on Jan 01, 2013.
Investment objective & Benchmark
1. The investment objective of the fund is that " The scheme aims to generate long term capital appreciation from a portfolio that is substantially constituted of equity and equity related securities of Mid Cap companies. "
2. It is benchmarked against NIFTY Midcap 150 Total Return Index.
Asset Allocation & Portfolio Composition
1. The asset allocation of the fund comprises around 98.37% in equities, 2.29% in debts and -0.66% in cash & cash equivalents.
2. While the top 10 equity holdings constitute around 29.1% of the assets, the top 3 sectors constitute around 44.39% of the assets.
3. The fund largely follows a Blend oriented style of investing and invests across market capitalisations - around 0.0% in giant & large cap companies, 0.0% in mid cap and 0.0% in small cap companies.
Tax Implications on Edelweiss Mid Cap Direct Plan-Growth
1. Gains are taxed at a rate of 15% (Short-term Capital Gain Tax - STCG) if units are redeemed within 1 year of investment.
2. For units redeemed after 1 year of investment, gains of upto Rs. 1 lakh accruing from those units in a financial year shall be exempted from tax.
3. Gains of more than Rs. 1 lakh will be taxed at a rate of 10% (Long-term Capital Gain Tax - LTCG).
4. For Dividend Distribution Tax, the dividend income from this fund will get added to the income of an investor and taxed according to his/her respective tax slabs.
5. Also, for dividend income in excess of Rs 5,000 in a financial year; the fund house shall deduct a TDS of 10% on such income.
This Might Catch Your Interest
FAQs about Edelweiss Mid Cap Direct Plan-Growth
- Is it safe to invest in Edelweiss Mid Cap Fund - Direct Plan?As per SEBI’s latest guidelines to calculate risk grades, investment in the Edelweiss Mid Cap Fund - Direct Plan comes under Very High risk category.
- What is the category of Edelweiss Mid Cap Fund - Direct Plan?Edelweiss Mid Cap Fund - Direct Plan belongs to the Equity : Mid Cap category of funds.
- How Long should I Invest in Edelweiss Mid Cap Fund - Direct Plan?The suggested investment horizon of investing into Edelweiss Mid Cap Fund - Direct Plan is >3 years. The suggested investment horizon is the minimum time required for holding investments in the fund to reduce its downside risk and ensure that the returns become more predictable.
- Who manages the Edelweiss Mid Cap Fund - Direct Plan?The Edelweiss Mid Cap Fund - Direct Plan is managed by Trideep Bhattacharya (Since Oct 01, 2021) and Raj Koradia (Since Aug 01, 2024).
Date Sources: Mutual Funds, ETFs, and NPS data are sourced from Value Research. All times stamps are reflecting IST (Indian Standard Time). By using this site, you agree to the Terms of Service and Privacy Policy.