Edelweiss Long Term Equity Fund (Tax Savings) Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
17.75%
3Y annualised
+1.98% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 04 Oct 2022₹79.20
Min. SIP amount₹500
Rating3
Fund size₹196.77Cr

Return calculator

Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of 0
Would have become (%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns0.6%17.8%11.7%14.3%
Category average-0.9%18.0%11.2%NA
Rank with in category142019NA
Understand terms

Holdings (51)

NameSectorInstrumentAssets
ICICI Bank Ltd.FinancialEquity8.8%
Infosys Ltd.TechnologyEquity6.0%
HDFC Bank Ltd.FinancialEquity5.3%
Axis Bank Ltd.FinancialEquity4.8%
State Bank of IndiaFinancialEquity4.6%
Reliance Industries Ltd.EnergyEquity4.5%
Housing Development Finance Corpn. Ltd.FinancialEquity3.7%
ABB India Ltd.Capital GoodsEquity3.1%
Larsen & Toubro Ltd.ConstructionEquity3.0%
Bharti Airtel Ltd.CommunicationEquity2.9%
See All

Pros and cons

Category: Equity ELSS

Pros

Cons

Exit load is zero
Lower AUM: 196Cr. Funds with lower AUM tend to have higher expense ratio
Lower expense ratio: 0.69%
3Y annualised returns lower than category average by 0.21%
1Y and 5Y annualised returns higher than category average
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.69%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Understand terms
Check past data

Minimum investment amounts

Min. for 1st investment₹500
Min. for 2nd investment onwards₹500
Min. for SIP₹500

Fund management

Fund house & investment objective

Fund house contact details

Address
801- 802 & 803 - 8th Floor,Windsor Off C.S.T. Road,Kalina-Santacruz (E), Mumbai 400098
Phone
40933400 / 1800-425-0090
Launch Date
30 Apr 2008
Website
NA
Edelweiss Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,

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Edelweiss Long Term Equity Fund (Tax Savings) Direct Growth
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