Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth+1.58%

2
-3.55%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.38%
NAV45.12 (28 Sep 2020)
Fund Started30 Dec 2008
Fund Size125 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth
-3.5%
1.4%
5.0%
13.7%
Category Average
14.4%
1.5%
10.7%
-
Rank within category
20
19
22
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with -3.5% annual returns

    Comparison

    Data not available
    Pros
    1. Age is more than 10 years
    2. Risk is lower compared to the benchmark
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk-adjusted returns are lower compared to the category
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark
    7. 10Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialEquity7.3%
    Reliance Industries Ltd.EnergyEquity6.7%
    Infosys Ltd.TechnologyEquity6.7%
    ICICI Bank Ltd.FinancialEquity5.7%
    Hindustan Unilever Ltd.FMCGEquity4.7%
    Bharti Airtel Ltd.CommunicationEquity3.7%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.6%
    Tata Consultancy Services Ltd.TechnologyEquity3.3%
    Axis Bank Ltd.FinancialEquity3.0%
    Kotak Mahindra Bank Ltd.FinancialEquity2.5%
    See All

    Fund Managers

    addHarshad Patwardhan
    Education
    Mr. Patwardhan is B.Tech from IIT, MBA from IIM and CFA.
    Experience
    Prior to joining Edelweiss AMC, he was associated with JPMorgan Asset Management India Private Limited since June 2006 as CIO-Equities. Prior to that Mr. Patwardhan worked for two years with Deutsche Equities India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.
    Funds Managed

    Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth Details

    Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Dec 2008. Harshad Patwardhan is the Current Fund Manager of Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹125 Cr and the Latest NAV as of 28 Sep 2020 is ₹45.12.

    The Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 500.

    Investment Objective

    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.

    Tax Implications

    Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

    Scheme Information Document(SID)

    ₹500
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Edelweiss Mutual Fund

    Address
    Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
    Phone
    +91 22 40979900
    Launch Date
    30 Apr 2008
    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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