|Min SIP Amount||₹500|
|NAV||₹17.78 (03 Jul 2020)|
|Fund Started||24 Jan 2013|
|Fund Size||₹103 Cr|
|HDFC Bank Ltd.||Financial||Equity||7.5%|
|Reliance Industries Ltd.||Energy||Equity||5.7%|
|ICICI Bank Ltd.||Financial||Equity||5.5%|
|Hindustan Unilever Ltd.||FMCG||Equity||5.5%|
|Bharti Airtel Ltd.||Communication||Equity||4.8%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.4%|
|Larsen & Toubro Ltd.||Construction||Equity||2.8%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.8%|
|GMM Pfaudler Ltd.||Engineering||Equity||2.7%|
Edelweiss Long Term Equity Fund (Tax Savings) Direct Dividend is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 24 Jan 2013. Harshad Patwardhan is the Current Fund Manager of Edelweiss Long Term Equity Fund (Tax Savings) Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹103 Cr and the Latest NAV as of 03 Jul 2020 is ₹17.78.
The Edelweiss Long Term Equity Fund (Tax Savings) Direct Dividend is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.