Edelweiss Mid Cap Fund reports 13% annualised return
1 report, 1 independent
Updated Fri 00:00
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What happened
Edelweiss Mid Cap Fund reported a 13% annualised return. Experts suggest that despite market concerns regarding higher oil prices, rupee weakness, rising US bond yields, and foreign capital outflow, mid-cap stocks are currently attractive to investors.
From livemint.com
Why it matters
The fund's performance aligns with expert views that mid-cap funds have delivered strong returns in the past five years. This category of mutual funds emphasizes capital appreciation rather than regular dividend payouts.
Edelweiss Mutual Fund and Edelweiss Asset Management Limited launched a campaign highlighting midcap growth opportunities in India.
From livemint.com