About Edelweiss Mutual Fund
Edelweiss is one of India’s leading financial services conglomerates, that offers a robust platform to a diversified client base across domestic and international geographies. The core of the business is customer centricity. The key lines of business revolve around being a part of customer’s financial stage, helping them create and protect their wealth.
The mutual fund product suite encompasses an entire risk return spectrum which is designed to offer the best opportunities for growth of investment in both Indian and global asset classes. The belief is to provide true to label products and solutions to the investors along with providing world class knowledge platforms for the partners and customers helping them to keep updated.
Managed by Edelweiss Asset Management Limited, it got the license to operate in mutual funds in 2008. Despite the global shutdown, they launched the Edelweiss Asset Management Limited (EAML) and launched their mutual fund products.
How to invest in Edelweiss Mutual Fund?
To invest in Edelweiss mutual fund online, all you need is a computer and internet connection. It’s a highly simplified, and quick process thanks to Mobikwik. Here’s how to begin:
- Step 1- Register for a Mobikwik account, or and log in with your existing credentials.
- Step 2-Complete your KYC process. You may be required to submit some documents for verification - such as permanent address, mobile number, etc.
- Step 3 - Select from the Edelweiss mutual fund schemes of your choice (check out the best schemes later on this page).
- Step 4 - You can invest via two plans - a lump sum amount at once, or smaller amounts at regular intervals - called a SIP (Systematic Investment Plan).
- Step 5 - Purchased units of the Edelweiss mutual fund should be available in your Mobikwik dashboard in about 3-4 working days.
Types of Edelweiss mutual fund
Edelweiss offers a number of mutual fund schemes encompassing different categories or equity, debt, bharat bonds etc. These are the few best performing mutual funds.
Edelweiss Mid Cap Fund
The Edelweiss Mid Cap Fund is an equity mutual fund scheme seeking to build a diverse portfolio of quality mid cap companies. Launched in December 2017, it has delivered a healthy 7.76% between then and 2019-20.
Edelweiss Small Cap Fund
This fund is an equity based mutual fund scheme with a high risk rating. Harshad Patwardhan is the current fund manager. A fairly young fund launched in 2019, it delivered 9.51% returns in its first year, beating its benchmark NIFTY’s returns of 4.52%.
Edelweiss Equity Savings Fund
The Edelweiss Equity Savings Fund is a hybrid mutual fund scheme, made available to investors in Oct 2014. As on Sept 2020, its NAV is about Rs 15. It is rated at moderately high risk. As of 2020, returns since launch were around 7.39%.
Edelweiss Dynamic Bond Fund
The Edelweiss Dynamic Bond Fund is a debt mutual fund scheme also launched in Sept 2020. It is rated as moderately risky, and has yielded an annualized return of 6.87% since launch, as of 2019-2020.
Edelweiss Maiden Opportunities Fund
The Edelweiss Maiden Opportunities Fund is an equity mutual fund scheme that invests in new companies, or those early in their growth trajectory. Launched in 2018, it is a moderately high risk fund that has delivered 3.54% so far.
Edelweiss Large Cap Fund
With a four-star rating, the Edelweiss Large Cap Fund is rated as moderately high risk. It was launched in 2009, and has managed to deliver returns on par with its index since then, at about 12% annualised.
Edelweiss US Value Equity Offshore Fund
This mutual fund invests largely in the JPMorgan Funds - US Value fund, and is suited for investors seeking long term growth. It is a high risk fund that, as of 2019-2020, has delivered a return of about 8% since its launch in 2013.
Edelweiss Large and Mid Cap Fund
It is an equity mutual fund scheme with a three-star rating seeking to build a portfolio of both mid-sized and large-sized companies.. It has been rated as moderately high risk, and has yielded an annual return of a little more than 9% annually since its launch in 2017.
Edelweiss Multi Cap Fund
This one is an equity mutual fund scheme with a four-star rating. Its NAV as of September 2020 hovers around Rs. 15. The fund is rated moderately high risk, and as of 2019-20, has yielded an annualized return just about 6% since its launch in Feb 2015.