Edelweiss Equity Enhancer Plan B

Edelweiss Equity Enhancer Plan B is managed by Paul Parampreet and Dhillip Krishna. The scheme will be investing in a diversified portfolio of stocks in order to beat the returns of its benchmark index, S&P CNX Nifty. Selection of stocks may not necessarily be within the 50 stocks underlying the benchmark index. New investors can skip this fund safely. If you have already invested keep a close watch on the performance.

Where does Edelweiss Equity Enhancer Plan B invest your money?

Edelweiss Equity Enhancer Plan B is a large cap fund. About 99% of the fund’s money is allocated to stocks of large sized companies, and around 1% to stocks of mid-sized companies. Large cap companies are stable compared to mid cap and small cap companies yet mid cap stocks are not avoided due to prospects of kicker returns.

Suitable for what?
  • Child's education
  • Child's marriage
  • Planning for retirement
  • Home Purchase
Not suitable for what?
  • Creating wealth
  • Short term needs
  • Lifestyle needs
How has Edelweiss Equity Enhancer Plan B performed in the past?

If you had invested Rs 1 lakh when the fund was launched in June 2009, your value of investments would be around Rs 1.18 lakhs. The fund has been giving around 5.66% returns for those who have stayed since inception. The performance has been better or similar to other large cap mutual funds. 

Assume you had invested Rs 10,000 every month in Edelweiss Equity Enhancer Plan B through SIP since inception today you would have around Rs 4.83 lakhs.

How will Edelweiss Equity Enhancer Plan B perform in the future?

Needless to say no one can predict the future of markets. We have firm belief in the future prospects of the Indian economy. If the Indian economy grows at 9% then the leading companies tend to do well. When the companies do well their stock prices follows their performance. So if you expect the economy to grow at 8% then you can expect top performing mutual funds to give you returns in excess of 14%.

Mutual fund schemes that have exposure to mid-sized companies tend to show results when their bet on few companies comes true. We advise you to avoid too much of star gazing and future prediction. Be reminded that equities are one of the asset classes that have the potential to beat inflation. Your aim for core portfolio should be to beat inflation.

Our recommendation for fresh investment
Not Recommended
Our recommendation for existing investment
Recommended
When to exit?

Withdraw when your goals are close to achievement. Do not remove the money when the markets go up or down. Do not panic. Stick to your goals.

How frequently you need to monitor the performance?

Once you invest in the fund do not get into the habit of checking the NAV daily or monthly. Review the performance once a year. Too much attention is not good.

What are the charges applicable?

A onetime fee of Rs 100 is charged on investments over Rs 10, 000 made through distributors. If you are a first time investor in mutual funds an additional Rs 50 is charged to cover KYC expenses. This is deducted from your investment and can be skipped if you buy directly from the mutual fund via their website or offices.

No exit load applies for units withdrawn in this scheme. Expense ratio of Edelweiss Equity Enhancer Plan B is 2.49%. This is charged to recover the fund management company’s expenses on securities’ transactions, commissions, registrar fees, etc. Your mutual fund returns will be total returns less expense ratio.

What are the tax implications?

The returns in a mutual fund are absolutely tax free, provided you do not withdraw within 1 year.

 

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