Edelweiss Tax Advantage Direct Plan Dividend-0.92%

11.12%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Tax Advantage Direct Plan Dividend

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.14%
NAV32.83 (26 Feb 2020)
Fund Started04 Jan 2013
Fund Size9 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Tax Advantage Direct Plan Dividend
11.1%
8.2%
6.5%
11.8%
Category Average
-0.1%
1.4%
7.3%
-
Rank within category
NA
NA
NA
-
*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 11.1% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialEquity9.8%
    ICICI Bank Ltd.FinancialEquity9.7%
    HDFC Bank Ltd.FinancialEquity9.3%
    Reliance Industries Ltd.EnergyEquity9.1%
    Infosys Ltd.TechnologyEquity6.1%
    State Bank of IndiaFinancialEquity5.1%
    Larsen & Toubro Ltd.ConstructionEquity4.3%
    Axis Bank Ltd.FinancialEquity4.1%
    Hindustan Unilever Ltd.FMCGEquity3.9%
    ITC Ltd.FMCGEquity3.8%
    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 Tax Advantage Direct Plan Dividend Details

    Edelweiss Tax Advantage Direct Plan Dividend is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 04 Jan 2013. Harshad Patwardhan is the Current Fund Manager of Edelweiss Tax Advantage Direct Plan Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 26 Feb 2020 is ₹32.83.

    The Edelweiss Tax Advantage Direct Plan Dividend is rated Moderately High risk. Minimum SIP Investment is set to 1000.

    Investment Objective

    The scheme will adopt bottom-up stock pricking approach while investing across all market capitalisations and sectors. Focus will be on companies with strong growth and earnings potential. The scheme will endeavour to remain fully invested in equity and equity-related instruments at all times.

    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)

    Not Supported
    Min for First Investment
    Not Supported
    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
    NA
    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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