|Min SIP Amount||₹500|
|NAV||₹60.49 (27 Jan 2021)|
|Fund Started||24 Jan 2013|
|Fund Size||₹149 Cr|
|HDFC Bank Ltd.||Financial||Equity||8.1%|
|ICICI Bank Ltd.||Financial||Equity||6.9%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||5.3%|
|Reliance Industries Ltd.||Energy||Equity||4.5%|
|Axis Bank Ltd.||Financial||Equity||3.7%|
|Bharti Airtel Ltd.||Communication||Equity||3.5%|
|Larsen & Toubro Ltd.||Construction||Equity||3.1%|
|Hindustan Unilever Ltd.||FMCG||Equity||2.9%|
Edelweiss Long Term Equity Fund (Tax Savings) Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹149 Cr and the Latest NAV as of 27 Jan 2021 is ₹60.49.
The Edelweiss Long Term Equity Fund (Tax Savings) Direct Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.
The scheme will, on the basis of overall industry and economic scenario, invest in a diversified portfolio of stocks of growth oriented companies with good track record. The scheme may endeavor to take advantage of special situations such as mergers and demerger.
Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.