About Edelweiss Low Duration Super Institutional Direct Plan-Dividend Daily
Edelweiss Low Duration Super Institutional Direct Plan-Dividend Daily is a Debt
mutual fund scheme from Edelweiss Mutual Fund
. This scheme was launched on 01 Jan 2013 and is currently managed by its fund managers Rahul Dedhia
and Gautam Kaul
. It has an AUM of ₹105.15 Crores and the latest NAV decalared is ₹922.812 as on 13 Nov 2019 at 10:00 pm.
Edelweiss Low Duration Super Institutional Direct Plan-Dividend Daily scheme return performance in last 1 year is -3.98%, in last 3 years is 11.02% and 39.93% since scheme launch. The min. SIP amount to invest in this scheme is ₹500.
The scheme aims to generate returns commensurate with risks of investing in a low duration portfolio of money market instruments, debt securities, InvITs, REITs and other permissible securities.
About Fund Category
Low Duration Funds maintain a portfolio of high-rated debt and money market instruments. Since the portfolio has a Macaulay duration of around 6 to12 months, these funds try to achieve a balance of safety, liquidity and yield. Investors may find these funds suitable to earn regular income on short term surplus money.