About Edelweiss Low Duration Super Institutional Direct Plan-Growth
Edelweiss Low Duration Super Institutional Direct Plan-Growth 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 ₹95.54 Crores and the latest NAV decalared is ₹2119.044 as on 13 Dec 2019 at 9:20 pm.
Edelweiss Low Duration Super Institutional Direct Plan-Growth scheme return performance in last 1 year is -4.27%, in last 3 years is 11.10% and 40.66% 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.