Home>Mutual Funds>Edelweiss Mutual Fund>Edelweiss Tax Advantage Direct Plan Growth
shareSHARE

Edelweiss Tax Advantage Direct Plan Growth-0.92%

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

Fund Details

Edelweiss Tax Advantage Direct Plan Growth

RiskModerately High
Min SIP AmountNot Supported
Expense Ratio1.14%
NAV₹43.91 (26 Feb 2020)
Fund Started01 Jan 2013
Fund Size9 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
11.1%
8.2%
6.5%
10.3%
Category Average
18.1%
5.8%
13.5%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 11.1% returns per annum

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

Harshad Patwardhan
keyboard_arrow_down

Edelweiss Tax Advantage Direct Plan Growth Details

Edelweiss Tax Advantage Direct Plan Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 01 Jan 2013. Harshad Patwardhan is the Current Fund Manager of Edelweiss Tax Advantage Direct Plan Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 26 Feb 2020 is ₹43.91.

The Edelweiss Tax Advantage Direct Plan Growth 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

Compare Funds

Edelweiss Tax Advantage Direct Plan Growth
VS
search

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,
Similar Funds