Edelweiss Mutual Fund is managed by Edelweiss Asset Management Limited. It acquired Forefront Capital in 2014, JP Morgan AMC's India business in 2016, and launched India's first corporate bond ETF in 2019. It offers India's first MSCI-indexed fund, showcasing growth and innovation in mutual fund offerings.Read More
Edelweiss Mutual Fund is one of India’s youngest and most dynamic mutual fund houses. Edelweiss Asset Management Limited manages the Edelweiss AMC. Edelweiss Mutual Fund started as a young kid on the AMC block in 2009, and after that, in the year 2014, it acquired forefront capital, India’s first domestic hedge fund.
As Edelweiss MF grew, it soon acquired JP Morgan AMC’s India business, quadrupling in size in 2016. Edelweiss Mutual Fund was also awarded the mandate for India’s first corporate bond ETF, Bharat Bond – A government of Indian initiative in the year 2019. In the year 2020, Edelweiss Mutual Fund became the first AMC to bring MSCI – the world’s leading index provider, to the Indian market. Edelweiss Mutual Fund offers about 56 schemes and has approximate assets under management (AUM) of ₹1,19,848 crores as of Feb 2023.
Edelweiss Mutual Fund Key Information
Founding date
30 April 2008
AMC Incorporation date
23 August 2007
Headquarters in
Mumbai
Name of the sponsor
Edelweiss Financial Services Limited
Trustee organisation
Edelweiss Trusteeship Company Limited.
MD and CEO
Ms Radhika Gupta
Chief Investment Officer
Mr Trideep Bhattarcharya (Equity) and
Mr Dhawala Dalal (Debt)
Compliance Officer
Mr Jehzeel Master
Edelweiss Mutual Fund Managers
BJ
Bhavesh Jain
Fund Manager since Sep 2019 (4 years)
BL
Bharat Lahoti
Fund Manager since Sep 2017 (6 years)
RD
Rahul Dedhia
Fund Manager since Jul 2019 (4 years)
DD
Dhawal Dalal
Fund Manager since Aug 2017 (6 years)
TB
Trideep Bhattacharya
Fund Manager since Oct 2023 (6 months)
AG
Abhishek Gupta
Fund Manager since Dec 2021 (2 years)
How to Invest in Edelweiss Mutual Fund via Angel One?
Investing in the Edelweiss MF is an easy and hassle-free process when done through your Angel One account. Just take the following steps:
Step 1: Log in to your Angel One account by entering your mobile number and validate the OTP. Next, enter your MPIN.
Note: In case you do not have an account with Angel One, you can open a Demat account with us in under a few minutes by submitting the necessary documents.
Step 2: Determine which fund is most suited based on your needs and risk profile. You can learn more about each fund on the Angel One app. Things to consider at this stage are:
Search for the fund you want to invest in from funds listed by Angel across categories.
Analyse the fund’s past performance, tax incidence, and the sectors and companies in which it invests. You can also calculate the potential returns using the calculator.
Evaluate the fund’s level of risk and weigh it against your risk tolerance.
Check the fund’s ratings given by reputed rating agencies. Generally, the ratings range from 1 to 5.
You may consider the fund’s expense ratio to get an idea about the cost of investing in it.
Step 3: Once you finalise the fund(s) you want to invest in, open your Angel One account, go to the Mutual Funds section, and look for it. Since this can be a long-term investment, be careful when choosing the fund that you would like to invest in.
Decide whether you want to invest in a lump sum or via monthly SIP.
Next, enter the amount you want to invest and choose how you want to make the payment. UPI is the preferred mode. Alternatively, you can choose net banking
After placing the order, in the case of the SIP route of investment, you can create a mandate to make hassle-free future instalments.
Documents Required To Invest in Edelweiss Mutual Fund
Investing in Edelweiss Mutual Fund through Angel One is now more convenient than ever, thanks to our hassle-free and fully digital KYC process. To begin your investment journey, you’ll need to provide the following essential documents:
PAN Card Details (Mandatory)
Personal Information (Full Name, Mobile Number, Email Address)
Address Proof – Aadhar Card is the recommended choice, including both the front and back sides.
Bank Account Details, with a cancelled cheque if required.
Nominee details and FATCA Declarations
Angel One simplifies the KYC verification process, granting you efficient access to Edelweiss Mutual Funds, whether you’re a new or returning investor. Your financial aspirations are within reach with our user-friendly platform. In just 48-72 business hours, your KYC process will be completed, allowing you to embark on your mutual fund journey seamlessly.
Selection Criteria: The funds chosen have demonstrated the highest Compound Annual Growth Rate (CAGR) over the past 3 years.
Edelweiss Small Cap Fund
This fund falls under the Small Cap category and manages assets totaling ₹2,360.59 crores. With an expense ratio of 0.44%, it seeks to achieve consistent growth. Over the past 3 years, it has delivered a compound annual growth rate (CAGR) of 38.93%. Investors can get started with a minimum investment of ₹100. This fund primarily invests in small-cap stocks, which are companies with smaller market cap.
Edelweiss Mid Cap Fund
Categorised as a Mid Cap Fund, this fund manages ₹3,665.95 crore in assets, with an expense ratio of 0.45%. It aims for steady returns and has delivered a 32.75% CAGR over the past 3 years. The minimum investment amount for this fund is ₹1,000. It primarily invests in mid-cap stocks, representing companies with moderate market cap.
Edelweiss Large & Mid Cap Fund
This fund belongs to the Large & Mid Cap category and oversees an AUM of ₹2,197.45 crore. It has an expense ratio of 0.5% and has generated a 26.46% CAGR in the last 3 years. Investors can initiate their investment with a minimum of ₹1,000. The fund primarily invests in a mix of large-cap and mid-cap stocks.
Edelweiss Flexi Cap Fund
Categorised as a Flexi Cap Fund, this scheme manages ₹1,294.8 crore in assets and carries an expense ratio of 0.49%. It has delivered a 25.72% CAGR over the past 3 years and requires a minimum investment of ₹500. This fund provides flexibility by investing across various market cap based on market conditions.
Edelweiss Recently Listed IPO Fund
This Thematic Fund oversees an AUM of ₹952.98 crore and has an expense ratio of 0.89%. It has delivered a 25.4% CAGR over the past 3 years. The minimum investment amount for this fund is ₹1,000. It primarily focuses on recently listed initial public offerings (IPOs) and their performance.
Edelweiss Aggressive Hybrid Fund
Categorised as an Aggressive Hybrid Fund, this scheme manages ₹822.9 crore in assets and has an expense ratio of 0.57%. It has provided a 24.5% CAGR in the last 3 years. Investors can begin with a minimum investment of ₹5,000. This fund offers a blend of equity and debt instruments to balance risk and return.
Edelweiss Long Term Equity Fund (Tax Savings)
This Equity Linked Savings Scheme (ELSS) holds an AUM of ₹256.29 crore and carries an expense ratio of 0.69%. It has delivered a 23.66% CAGR over 3 years and allows investors to save on taxes. The minimum investment required is ₹500. This fund primarily invests in equities with a lock-in period for tax-saving purposes.
Edelweiss Large Cap Fund
Belonging to the Large Cap category, this fund manages ₹530.97 crore in assets and has an expense ratio of 0.83%. It has provided a 23.08% CAGR over the past 3 years. The minimum investment amount is ₹500. The fund primarily focuses on large-cap stocks.
Edelweiss Balanced Advantage Fund
This Dynamic Asset Allocation Fund oversees ₹9394.73 crore in assets and carries an expense ratio of 0.49%. It has delivered a 16.58% CAGR over the past 3 years. The minimum investment amount is ₹500. This fund dynamically adjusts its asset allocation based on market conditions.
Edelweiss US Value Equity Offshore Fund
Categorised as a FoFs (Overseas), this fund manages ₹93.48 crore in assets and has an expense ratio of 1.41%. It has provided a 16.08% CAGR in the last 3 years. The minimum investment required is ₹100. This fund primarily invests in overseas assets, focusing on U.S. equities.
There are two ways to do this. For a hassle-free investing experience, you can invest in Edelweiss Asset Management Limited SIP online through the Angel One app or web platform. This will allow you to track all your investments in one place. Alternatively, you can start investing in Edelweiss Asset Management Limited SIP online through AMC’s official website.
Which scheme is the best in Edelweiss Mutual Fund?
Determining which scheme is best for the Edelweiss Mutual Fund depends on several factors. This includes the scheme's investment objective, risk level, associated costs, etc. Additionally, consider your goals, risk appetite, and investment time horizon when selecting the scheme best suited for your needs.
How to redeem Edelweiss Mutual Fund online?
There are two ways of doing this. You can initiate your redemption request by visiting Angel One web platform or app. Alternatively, you can also redeem your investments by visiting the AMC website.
Are Edelweiss Mutual Fund schemes tax-free?
Edelweiss Mutual Fund is an ELSS (Equity Linked Savings Scheme) fund from Edelweiss Asset Management Limited. This allows you to claim a tax deduction of up to ₹1.5 lakh per financial year under Section 80C of the Income Tax Act, 1961. You can deduct this from your total income.
Who owns the Edelweiss Mutual Fund?
The Edelweiss Mutual Fund is co-founded by Rashesh Shah and Venkat Ramaswamy. Its trustees company is Edelweiss Trusteeship Company Limited.
Calculate your SIP Returns
