Edelweiss Liquid Fund

 
OVERVIEW

The Edelweiss Liquid Fund is an open-ended income scheme with an investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.

However there can be no assurance that the investment objectives of the Scheme will be realized.

 

FUND INFORMATION
  • Fund Facts
  • Asset Allocation
  • Options
  • Load Structure
  • Applicable NAV
  • Fees & Expenses

Name: Edelweiss Liquid Fund

Scheme Type: An open-ended liquid scheme.

Investment Objective: The investment objective of the Scheme is to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities. However there can be no assurance that the investment objectives of the Scheme will be realized.

Benchmark Index: CRISIL Liquid Fund Index

Fund Manager : Mr. Rahul Dedhia and Mr. Gautam Kaul

Asset Allocation

Under normal circumstances, the anticipated asset allocation would be:

Instruments Indicative allocation(% of total assets) Risk Profile
Money market instruments (including cash and reverse repo and debt instruments with maturity up to 91 days)* Up to 100% Low
Securitised debt instruments with maturity up to 91 day Up to 30% Low

Plans / Options / Facilities:

The Scheme has two plans: Super Institutional Plan and Direct Plan.

Each plan offers:

1. Growth Option
2. Dividend Reinvestment
3. Dividend Payout
4. Daily, Weekly, Fortnightly, Monthly & Annual Dividend Reinvestment
5. Weekly, Fortnightly, Monthly & Annual Dividend Payout.

Growth: Under the growth option no dividend will be declared.

Under the dividend option, a dividend may be declared by the Trustee, at its discretion, from time to time (subject to the availability of distributable surplus as calculated in accordance with the Regulations)

Minimum Subscription / Redemption amount:

Minimum initial application amount Minimum additional application amount Minimum redemption amount / no. of Units Minimum SIP amount / no. of Installments
₹ 5,000/- per application and in multiples of ₹ 1/- thereafter. ₹ 1000/- per application and in multiples of ₹ 1/- thereafter. ₹ 1,000/- or 1 Unit ₹ 1,000/- and 6 Installments
Load Structure

Entry Load: NA


Exit Load: Nil

Applicable NAV

Subscriptions/ Purchases including Switch – ins:

Cut Off Time Applicable NAV
Where the application is received up to 2.00 p.m. on a day and funds are available for utilization before the cut-off time without availing any credit facility, whether, intra-day or otherwise. The closing NAV of the day immediately preceding the day of receipt of application.Closing NAV of the day of receipt of application.
Where the application is received after 2.00 p.m. on a day and funds are available for utilization on the same day without availing any credit facility, whether, intra-day or otherwise. The closing NAV of the day immediately preceding the next Business Day.
Irrespective of the time of receipt of application, where the funds are not available for utilization before the cut-off time without availing any credit facility, whether, intra-day or otherwise. The closing NAV of the day immediately preceding the day on which the funds are available for utilization.

For allotment of units in respect of purchase in the Scheme/switch-in to the Scheme, it shall be necessary that:

  • Application for purchase/switch-in is received before the applicable cut-off time.
  • Funds for the entire amount of subscription/ purchase as per the application for purchase/switch-in are credited to the bank account of the Scheme before the cut-off time.
  • The funds are available for utilization before the cut-off time without availing any credit facility whether intra- day or otherwise, by the Scheme.

Redemptions including Switch – outs:

Cut Off Time Applicable NAV
Where the application is received upto 3.00 p.m. The closing NAV of the day immediately preceding the next Business Day
Where application is received after 3.00 p.m. The closing NAV of the next Business Day shall be applicable
Fees & Expenses

As per the SEBI Regulations, the maximum recurring expenses including the investment management and advisory fee that can be charged to the scheme shall be subject to a percentage limit of daily net assets as given in the table below. Subject to the SEBI Regulations, expenses over and above the prescribed ceiling will be borne by AMC.

First Rs. 100 Crores Next Rs. 300 Crores Next Rs. 300 Crores Over Rs. 700 Crores
2.25% 2.00% 1.75% 1.50%
Actual Current Recurring Expenses
 

This product is suitable for investors who are seeking*:
Riskometer
  • Income over short term
  • Investments in money market and debt securities.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at low risk
 
 
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