Edelweiss ELSS Tax Saver Fund Direct Growth

Equity
ELSS
Very High Risk
3Y Lock In
13.91%
3Y annualised
-0.29% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 18 Feb 2025₹115.19
Min. SIP amount₹500
Rating3
Fund size₹383.46Cr

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 returns6.4%13.9%16.4%14.9%
Category average4.0%13.5%16.7%NA
Rank with in category192026NA
Understand terms

Peer Comparison

Holdings (90)

NameSectorInstrumentAssets
FinancialEquity6.44%
FinancialEquity5.33%
EnergyEquity4.59%
TechnologyEquity3.32%
CommunicationEquity3.11%
ConstructionEquity3.11%
FinancialEquity3.01%
ServicesEquity2.29%
HealthcareEquity2.28%
TechnologyEquity1.98%
ServicesEquity1.88%
ConstructionEquity1.87%
FinancialEquity1.78%
Consumer StaplesEquity1.76%
Capital GoodsEquity1.68%
EnergyEquity1.55%
Consumer StaplesEquity1.48%
TechnologyEquity1.47%
AutomobileEquity1.40%
FinancialEquity1.36%
Consumer StaplesEquity1.34%
FinancialEquity1.25%
FinancialEquity1.20%
ServicesEquity1.19%
ServicesEquity1.19%
HealthcareEquity1.12%
TechnologyEquity1.10%
Metals & MiningEquity1.08%
AutomobileEquity1.08%
TechnologyEquity1.02%
FinancialEquity1.02%
InsuranceEquity1.00%
HealthcareEquity0.99%
TechnologyEquity0.99%
HealthcareEquity0.99%
FinancialEquity0.98%
TechnologyEquity0.90%
Consumer DiscretionaryEquity0.86%
Capital GoodsEquity0.85%
EnergyEquity0.83%
FinancialEquity0.82%
Capital GoodsEquity0.78%
FinancialEquity0.77%
FinancialEquity0.72%
ConstructionEquity0.71%
Capital GoodsEquity0.71%
ConstructionEquity0.69%
EnergyEquity0.69%
FinancialEquity0.68%
Capital GoodsEquity0.68%
TechnologyEquity0.67%
AutomobileEquity0.67%
AutomobileEquity0.67%
AutomobileEquity0.66%
FinancialEquity0.64%
Consumer DiscretionaryEquity0.63%
FinancialEquity0.61%
HealthcareEquity0.60%
AutomobileEquity0.60%
HealthcareEquity0.57%
FinancialEquity0.50%
ConstructionEquity0.49%
InsuranceEquity0.49%
ChemicalsEquity0.49%
HealthcareEquity0.46%
AutomobileEquity0.46%
AutomobileEquity0.46%
Capital GoodsEquity0.45%
Capital GoodsEquity0.42%
NA
NAEquity0.42%
ChemicalsEquity0.41%
Capital GoodsEquity0.40%
HealthcareEquity0.40%
Capital GoodsEquity0.39%
ChemicalsEquity0.38%
ConstructionEquity0.37%
Metals & MiningEquity0.36%
Consumer StaplesEquity0.35%
Consumer DiscretionaryEquity0.33%
Capital GoodsEquity0.32%
Capital GoodsEquity0.32%
FinancialEquity0.31%
HealthcareEquity0.30%
FinancialEquity0.29%
HealthcareEquity0.28%
TechnologyEquity0.28%
Capital GoodsEquity0.25%
EnergyEquity0.21%
ServicesEquity0.06%
ServicesEquity0.04%
See All

Pros and cons

Category: Equity ELSS

Pros

Exit load is zero
Lower expense ratio: 0.78%
Consistently higher annualised returns than category average for the past 1Y and 3Y
Higher alpha: 1.18 The fund has generated returns higher than benchmark - NIFTY 500 Total Return Index - in the last 3Y

Cons

5Y and 10Y annualised returns lower than category average
Lock-in period: 3Y

Expense ratio, exit load and tax

Expense ratio: 0.78%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 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

Ashwani Kumar Agarwalla
Jun 2022 - Present
View details

Education
Mr. Agarwalla is a B. Com (H), MBA Finance & CFA
Experience
Prior to joining Edelweiss Mutual Fund, he has worked with Baroda AMC, JM Financial Mutual Fund, Pioneer Investcorp Ltd, Adventity India and CARE Ratings.
Also manages these schemes

Trideep Bhattacharya
Dec 2021 - Present
View details

Education
Mr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance)
Experience
Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.
Also manages these schemes

Raj Koradia
Aug 2024 - Present
View details

Education
Mr. Koradia has done B.Com and CA
Experience
Prior to joining Edelweiss Mutual Fund, he has worked with First Voyager Advisors, Optimum Infosystem Private Limited, Morgan Stanley and Edelweiss Securities
Also manages these schemes

Fund house & investment objective

Fund house contact details

Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Launch Date
30 Apr 2008
E-mail
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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