Edelweiss Mutual Fund

Invested Gains

Total investment Invested ₹ 6 Lakh

Profit ₹ 3.33 Lakh

Current value Current value ₹ 9.33 Lakh

This fund has given a CAGR of 24.52 % in last 5 years

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Key Information
What are the documents required to invest in Edelweiss Mutual Fund
How to Invest in Edelweiss Mutual Fund's schemes?
Customer Care Details
Frequently Asked Questions

Key Information

Mutual Fund Name	Edelweiss Mutual Fund
Founded	Apr 30, 2008
Trustee Organisation	Edelweiss Trusteeship Company Ltd.
MD and CEO	Radhika Gupta
Compliance Officer

What are the documents required to invest in Edelweiss Mutual Fund

The documents for KYC (Know Your Client) include proof of address and proof of identity. Here is a list of officially valid documents (OVD) admissible.

PROOF OF IDENTITY

PAN Card (Mandatory)
Voter ID Card
Driving License
Passport
Aadhaar Card
Any other valid identity card issued by Central or State Government

PROOF OF ADDRESS

Voter ID Card
Driving License
Passport
Ration Card
Aadhaar Card
Bank account statement or bank passbook
Utility bills like electricity or gas bills

While these are some of the standard document list, submitting all of these documents is a tedious process and can procrastinate your plan of investing. This is where ET Money offers you a paperless and fast solution.

You can submit your KYC in under two minutes by uploading the photos of your identity and address proofs. This includes PAN and any one of Aadhaar, Voter ID, Driving License & Passport along with your signature, a selfie and a live video, authenticating your identity. ET Money's quick KYC application makes investing easy and hassle-free.

It takes about 3-5 working days to get your KYC verified as the verification is done by government certified agencies.

How to Invest in Edelweiss Mutual Fund's schemes?

You can invest in the schemes of Edelweiss Mutual Fund in three ways:

1. Through the Edelweiss Mutual Fund’s website

2. Through a distributor

3. Through ET Money

If you want to invest in Edelweiss Mutual Fund through the website, go to the site's homepage, navigate to the "Login/Sign-up to invest" section, click on it and follow the following steps. However, to invest in mutual funds from different AMCs, you must go through the time-consuming process of signing up with each fund house. Tracking and analysing your investments will also be a challenge.

The next option you have is investing through a distributor. But here is a catch. Investing through distributors lowers your gains since distributors make a commission on each investment, thereby increasing the expense ratio. Eventually, the high expense ratio impacts your returns.

A much simpler, efficient and effective way of investing in schemes from Edelweiss Mutual Fund or any other fund house is through the ET Money platform.

All you need to do is sign up once and start investing in schemes from different AMCs. You can choose from various schemes of Edelweiss Mutual Fund, and that too, at a lower expense ratio since ET Money is a direct investment platform. You can also track your existing portfolio on ET Money. You can view all your old and new investments in one place, making tracking and better-informed decisions much simpler.

In addition to the above, the ET Money investment platform also offers valuable details like the fund's past performance, returns consistency, fund history, expense ratio, exit load, and other essential information.

How to invest in mutual funds via ET Money?

Sign up using email and OTP.
Select fund. Enter the investment amount. Choose the investment type: one-time (Lumpsum) or SIP.
Enter PAN, full name and verify mobile number.
Enter bank account details and select payment mode. In the case of SIP, set up a mandate.
Follow the KYC process, which includes a selfie and a live video. Provide essential details and eSign.
The transaction is processed on verification of KYC documents.

Edelweiss Customer Care Details

For any query regarding any schemes offered by Edelweiss Mutual Fund, please contact at the following address:

Registered Address	Edelweiss House, Off C.S.T. Road, Kalina, Mumbai - 400098. Branch Timing (9 am - 6 pm)
Call us at	+91 22 4093 3400
Email	N.A.

Frequently asked Questions

Are Edelweiss Mutual Fund?s schemes safe to invest in?

Edelweiss Mutual Fund or any other fund house can not guarantee returns. Mutual fund returns are market-linked products, making them volatile. Therefore, before you invest, analyze the current market condition and check the scheme's past performances. To minimize the capital risk, follow asset allocation strategy by choosing an investment portfolio mix of debt and equity, and align your investments with your financial goals and risk appetite.

Which Edelweiss Mutual Fund?s scheme is the best for the short term?

Generally, short-term refers to an investment for up to three years. Debt funds are a good option for this investment horizon. Investors must assess their investment horizon against the average portfolio maturity of the fund before selecting a debt fund. Overnight funds are good if you want to invest for a few days. Liquid funds are a good option for investing for up to three months. Low-duration funds are mandated to hold instruments with an average maturity of six to 12 months. And, short duration funds hold securities that mature between one and three years.

Are Edelweiss Mutual Fund?s schemes tax-free?

The returns from your mutual fund investments are not exempt from taxes. Based on your holding period and the type of mutual fund scheme, capital gains tax is levied on your returns. Capital Gains tax is of two types: short-term capital gain (STCG) tax and long-term capital gain (LTCG) tax. For more information about these taxes in detail, check the table below:

Mutual fund type	Holding period	Type of capital gains tax	Tax liability
Debt-oriented funds	Less than 36 months	Short-term capital gains	As per the investor's income tax slab rate
Equity-oriented funds	Less than 12 months	Short-term capital gains	15%
Debt-oriented funds	Greater than 36 months	Long-term capital gains	20% with indexation
Equity-oriented funds	Greater than 12 months	Long-term capital gains	10% for amount exceeding Rs 1 Lakh

The returns from all the mutual schemes offered by Edelweiss Mutual fund will be taxed as per the above table.

How can I cancel the ongoing SIP in an Edelweiss Mutual Fund?s scheme?

If you wish to discontinue your ongoing SIP with Edelweiss Mutual Fund, you must visit the mutual fund's official website or the online investing portal you used to create the SIP mandate. Log in to your account and select the investment you wish to cancel. Follow the instructions to stop the SIP. You can also visit the AMC branch and submit a request to discontinue the SIP.

On the ET Money app or website, click on the profile icon and select the "SIPs/MySIP" option.
In this section, you will see all the ongoing SIPs.
Click on any SIP to open a detailed view.
On the top right corner, click the three dots, which will take you to the Modify SIP screen.
You will see the "Cancel this SIP" option below.
Once you click it, you will receive an OTP.
On entering the correct OTP, SIP will be cancelled.

How can I get the Edelweiss Mutual Fund statement?

One option is to log on to Edelweiss Mutual Fund's website and request a statement. You can also go to CAMS Online or Kfintech and request a consolidated statement by email.

A better option is to get a statement on ET Money. Once you request a statement on ET Money, the platform creates a customised dashboard for you. You can then check your entire portfolio by logging onto ET Money whenever you wish.

On the website, hover on the profile icon on the top right after signing up. Select the option "Track external mutual funds" from the drop-down menu. Complete the process and see your portfolio on the ET Money platform. This is a one-time process. Every time you want to track or check your portfolio, log onto ET Money, and it will display a dashboard that shows your entire portfolio and its performance.

To access on app, click the following link after logging in: https://etmoney.onelink.me/unJQ/oq97j0iz

How can I increase the SIP amount in an Edelweiss Mutual Fund scheme?

If you want to increase the SIP amount in Edelweiss Mutual Fund?s scheme, you can start a new SIP for the incremental amount. Alternatively, you can choose the top-up option when starting a new SIP in a fund. A top-up allows you to raise the SIP amount by a fixed amount (say, Rs 2,000) or predefined percentage (say, 15%), at regular intervals.
Sources:

https://www.amfiindia.com/research-information/aum-data/average-aum
https://www.edelweissmf.com/
https://www.edelweissmf.com/reach-us/locate-us
https://www.edelweissmf.com/types-of-mutual-funds/equity-fund
https://www.edelweissmf.com/types-of-mutual-funds/hybrid-fund
https://invest.edelweissmf.com/home
https://www.moneycontrol.com/mutual-funds/amc-details/EW
https://economictimes.indiatimes.com/edelweiss-mutual-fund/mutual_funds_search/amcid-339.cms
https://www.edelweissmf.com/investor-insights/mutual-fund-investment-tips-and-articles/how-to-read-your-mutual-fund-statement
https://www.edelweissmf.com/invest-in-sip/top-up-sip

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