|Min SIP Amount||₹500|
|NAV||₹51.78 (23 Oct 2020)|
|Fund Started||24 Jan 2013|
|Fund Size||₹123 Cr|
|Reliance Industries Ltd.||Energy||Equity||7.3%|
|HDFC Bank Ltd.||Financial||Equity||7.1%|
|ICICI Bank Ltd.||Financial||Equity||5.1%|
|Hindustan Unilever Ltd.||FMCG||Equity||4.6%|
|Bharti Airtel Ltd.||Communication||Equity||3.5%|
|Housing Development Finance Corpn. Ltd.||Financial||Equity||3.4%|
|Axis Bank Ltd.||Financial||Equity||2.6%|
|Tata Consultancy Services Ltd.||Technology||Equity||2.5%|
|Dr. Reddy's Laboratories Ltd.||Healthcare||Equity||2.3%|
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 ₹123 Cr and the Latest NAV as of 23 Oct 2020 is ₹51.78.
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%.