About Edelweiss Mutual Fund
Edelweiss multi cap funds are wholly managed by the group of Edelweiss with more than 20 years of an experience in fund management.
About Edelweiss Small Cap Fund
Edelweiss Small Cap fund is an equity fund scheme that was launched by Edelweiss mutual fund. Later on, it was introduced on 18th Jan 2019 to its investors. Currently, the fund is managed by Harshad Patwardhan. Talking about AU, it is of INR 448 Cr, and, the latest NAV is INR 12.04 (dated as of 17th Jan 2020). The ufn growth is rated risky. The minimum SIP investment is INR 500, and, lumpsum investment is INR 5000. Exit load of 1%, only if redeem within 365 days.
Investment Objective
The objective of the investment is to generate long-term capital-appreciation from a portfolio that pre-dominantly invests in equity & equity-related securities of smallcap companies.
Tax Implications
Returns are taxed at 15%, only if you redeem before a year. After 1 year, you are required to pay LTCG tax of 10% on returns of INR 1 lakh+ in a financial year.
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| JK Cement Ltd | Construction | Equity | 2.8% |
| VIP Industries Ltd. | Chemicals | Equity | 2.7% |
| INOX Leisure Ltd. | Services | Equity | 2.6% |
| Blue Star Ltd. | Cons Durable | Equity | 2.5% |
| L&T Finance Holdings Ltd. | Financial | Equity | 2.4% |
| City Union Bank Ltd. | Financial | Equity | 2.4% |
| Deepak Nitrite Ltd. | Chemicals | Equity | 2.3% |
| Grindwell Norton Ltd. | Metals | Equity | 2.3% |
| PVR Ltd. | Services | Equity | 2.2% |
| GMM Pfaudler Ltd. | Engineering | Equity | 2.2% |
How to Invest Edelweiss Small Cap Fund with Gulaq?
Edelweiss Small Cap Fund investment is not a fuss, especially with Gulaq. With hassle-free and paperless documentation, the summing-up of your investment journey becomes easy. All you need to do is:
- Sign-in at gulaq.com. You can also check your KYC for FREE
- Fetch in your amount (whether SIP or lumpsum)
- Submit ‘Invest Now’
