Item: Edelweiss Short Term Fund Direct Plan Monthly Dividend Reinvestment Option
Rating: 2
Author: Morningstar

Home › Mutual Funds › Edelweiss Mutual Fund › Edelweiss Short Term Fund Direct Plan Monthly Dividend Reinvestment Option

10.107 (0.019%)

NAV on June 30, 2020

Category Fixed income:
Short Duration

Interest rate sensitivity
Credit quality

Limited Sensitivity Medium Quality

Total Assets 8 cr

Turnover Ratio 162.00%

Expense Ratio 0.10%

Exit Load 0.50%if redeemed within
12 Months0.00%if redeemed after 12 Months

Returns

1M: -1.76%
1Y: 8.77%
3M: 0.51%
3Y: 3.30%
6M: 3.33%
5Y: 1.16%

Min Investment 5,000

Scheme merged into Edelweiss Low Duration Fund with effect from 01 July 2020. Fresh subscription, switch-ins and SIPs are NOT accepted with effect from 01 June 2020.

ADDITIONAL INFO

Fund Manager Dhawal Dalal (Since over 7 years) Gautam Kaul (Since over 8 years)

ISIN INF843K01CC5

Fund Family Edelweiss

Launch Date August 11, 2014

Benchmark Nifty Short Duration Debt TR INR

Avg. Maturity 0.68 years

Yield To Maturity (%) 12.99%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate returns commensurate with risks of investing in a short duration portfolio of money market instruments, debt securities, InvITs, REITS and other permissible securities. However, there can be no assurance that the investment objective of the scheme will be realised.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
Nippon India Short Duration Fund - Direct Plan - Growth Plan	57.881	10.05%	8,330 cr	0.38%	Average
Axis Short Duration Fund Direct Plan Growth Option	34.021	9.99%	11,467 cr	0.37%	Below Average
Bandhan Bond Fund - Short Term Plan Direct Plan Growth	61.762	9.77%	10,772 cr	0.33%	Above Average
Aditya Birla Sun Life Short Term Fund Direct Plan Growth	51.895	9.74%	10,349 cr	0.36%	Below Average
Kotak Bond Short Term Plan Direct Growth	57.879	9.72%	17,676 cr	0.38%	Average
SBI Short Term Debt Fund Direct Growth	34.414	9.67%	16,053 cr	0.40%	Below Average
ICICI Prudential Short Term Fund Direct Plan Growth Option	66.158	9.64%	21,491 cr	0.45%	Low

Best Short Duration Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Sundaram Short Term Debt Fund - Direct Plan - Growth Option	39.099	13.62%	330 cr	0.28%	Above Average
Bank of India Short Term Income Fund Direct Plan Growth	29.272	10.75%	165 cr	0.45%	High
Nippon India Short Duration Fund - Direct Plan - Growth Plan	57.881	10.05%	8,330 cr	0.38%	Average
Axis Short Duration Fund Direct Plan Growth Option	34.021	9.99%	11,467 cr	0.37%	Below Average
Baroda BNP Paribas Short Duration Fund Direct Growth Option	32.015	9.80%	299 cr	0.44%	Average
Bandhan Bond Fund - Short Term Plan Direct Plan Growth	61.762	9.77%	10,772 cr	0.33%	Above Average
Groww Short Duration Fund Direct Growth	2409.883	9.64%	97 cr	0.4%	Average