Edelweiss Corporate Bond Fund(G)-Direct Plan

Edelweiss Corporate Bond Fund(G)-Direct Plan
Dividend Yearly
NA
Category
Debt - Income
52-week NAV high
14.36  (As on 14-07-2020)
52-week NAV low
13.30  (As on 06-01-2020)
Expense
0.5%  (As on 30-11-2020)

Performance

1 mnth 3 mnth 6 mnth 1 yr 2 yr 3 yr 4 yr 5 yr 10 yr
Fund Returns 0.55 1.45 -4.28 2.78 -1.46 0.66 2.33 3.73 -
Scheme Details
Fund Type
Open Ended
Investment Plan
Growth
Bonus
NA
Launch Date
Sep 22, 2014
Last Dividend
NA
Minimum Investment
5000

Edelweiss Corporate Bond Fund - Direct Plan - Growth Option is an open-ended debt scheme is offered by Edelweiss Mutual Fund. Investments under the scheme are made mainly in corporate bonds that are rated AA+ and above.

Investment Objective of Edelweiss Corporate Bond Fund - Direct Plan - Growth Option

The investment objective of Edelweiss Corporate Bond Fund - Direct Plan - Growth Option is to generate returns that correspond with the risks associated with investment in a portfolio that consists of corporate bonds that are rated AA+ and above. The scheme invests in bonds across the maturity spectrum.

Key Features of Edelweiss Corporate Bond Fund - Direct Plan - Growth Option

Some of the significant features of Edelweiss Corporate Bond Fund - Direct Plan - Growth Option are as indicated in the table below:

Type of fund Open-ended debt scheme
Plans available Regular Plan and Direct Plan
Options under each plan Both the Regular Plan as well as the Direct Plan come with five options:
  1. Growth Option
  2. Dividend Option
The Dividend Option comes with the following sub-options:
  1. Payout Option
  2. Reinvestment Option
  3. Annual Payout Option
  4. Monthly Payout Option
  5. Annual Reinvestment Option
  6. Monthly Reinvestment Option
  7. Fortnightly Reinvestment Option
  8. Weekly Reinvestment Option
Risk Moderate
Systematic Investment Plan Available
Systematic Transfer Plan Available
Systematic Withdrawal Plan Available

Investment Amount for Edelweiss Corporate Bond Fund - Direct Plan - Growth Option

Here is the information regarding the investment amounts and loads:

Minimum application amount Rs.5,000 and in multiples of Re.1 thereafter
Minimum additional investment Rs.1,000 and in multiples of Re.1 thereafter
Minimum instalment for Systematic Investment Plan (SIP) Rs.1,000 and in multiples of Re.1 thereafter
Entry Load Not Applicable
Exit Load
  • Up to 10% of the total units can be redeemed within a year from the date of allotment without any exit load.
  • The redemption of units in excess of 10% of the total units will attract 1% of the applicable NAV as exit load if the redemption is made within a year from the date of allotment.
  • In case of the redemption of units after a year from the date of allotment, there will be no exit load.

Asset Allocation for Edelweiss Corporate Bond Fund - Direct Plan - Growth Option

Instruments Allocations (Percentage of total assets) Risk Profile
Corporate bonds whose credit ratings is AA+ and above 80% to 100% Low to Medium
Other money market and debt securities 0% to 20% Low
Units of Infrastructure Investment Trusts and Real Estate Investment Trusts 0% to 10% Medium to High

NAV Disclosure and Benchmark for Edelweiss Corporate Bond Fund - Direct Plan - Growth Option

The first Net Asset Value of Edelweiss Corporate Bond Fund - Direct Plan - Growth Option shall be computed and disclosed within five working days following the allotment of units. Subsequently, the Net Asset Value will be computed and disclosed by the Asset Management Company on every working day, and investors can view the same at all the investor centres of the Asset Management Company. The NAV will also be published in two national dailies that are circulated across India. It will also be available on the fund house’s website as well as the website of the Association of Mutual Funds in India by 9:00 p.m. every working day.

The Benchmark adopted by Edelweiss Corporate Bond Fund - Direct Plan - Growth Option is CRISIL Short Term Bond Fund Index.

Edelweiss Corporate Bond Fund - Direct Plan - Growth Option Fund Manager

Edelweiss Corporate Bond Fund - Direct Plan - Growth Option is managed by Mr. Dhawal Dalal who has over 17 years of work experience when it comes to investment management. Mr. Dalal has been in charge of Edelweiss Corporate Bond Fund - Direct Plan - Growth Option since November 2016, and manages a number of other schemes for Edelweiss Mutual Fund, such as Edelweiss Banking and PSU Debt Fund, Edelweiss Corporate Debt Opportunities Fund, Edelweiss Bond Fund, Edelweiss Arbitrage Fund, Edelweiss Government Securities Fund, etc.

Why you should Invest in Edelweiss Corporate Bond Fund - Direct Plan - Growth Option

Edelweiss Corporate Bond Fund - Direct Plan - Growth Option is a good investment option if you want capital appreciation and regular income via active management of the portfolio across time frames. The scheme generates returns by investing mainly in corporate bonds that are rated AA+ and above.

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