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Edelweiss Long Term Equity Fund (Tax Savings) Regular Growth-1.47%

12.97%
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 Ratio2.37%
NAV₹57.06 (15 Jan 2021)
Fund Started30 Dec 2008
Fund Size149 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
13.0%
4.5%
11.5%
11.7%
Category Average
18.1%
6.1%
13.5%
-
Rank Within Category
22
22
29
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 13.0% returns per annum

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
4. Age is more than 10 years
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
8. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
9. Risk-adjusted returns are lower compared to the category
10. Higher expense ratio - 2.38%
11. 1Y Returns are lower than the category average returns
12. 3Y Returns are lower than the category average returns
13. 5Y Returns are lower than the category average returns
14. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
HDFC Bank Ltd.FinancialEquity8.6%
Infosys Ltd.TechnologyEquity7.9%
ICICI Bank Ltd.FinancialEquity6.5%
Housing Development Finance Corpn. Ltd.FinancialEquity5.0%
Reliance Industries Ltd.EnergyEquity4.7%
Axis Bank Ltd.FinancialEquity3.9%
Bharti Airtel Ltd.CommunicationEquity3.4%
Hindustan Unilever Ltd.FMCGEquity3.2%
Kotak Mahindra Bank Ltd.FinancialEquity3.0%
Larsen & Toubro Ltd.ConstructionEquity2.9%
See All

Fund Managers

Harshad Patwardhan
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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 ₹149 Cr and the Latest NAV as of 15 Jan 2021 is ₹57.06.

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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