Fund Details
Edelweiss Tax Advantage Direct Plan Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 1.14% |
| NAV | ₹43.91 (26 Feb 2020) |
|---|---|
| Fund Started | 01 Jan 2013 |
| Fund Size | ₹9 Cr |
Returns
Comparison
1. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 3Y Returns are lower than the category average returns
4. 5Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 9.8% |
| ICICI Bank Ltd. | Financial | Equity | 9.7% |
| HDFC Bank Ltd. | Financial | Equity | 9.3% |
| Reliance Industries Ltd. | Energy | Equity | 9.1% |
| Infosys Ltd. | Technology | Equity | 6.1% |
| State Bank of India | Financial | Equity | 5.1% |
| Larsen & Toubro Ltd. | Construction | Equity | 4.3% |
| Axis Bank Ltd. | Financial | Equity | 4.1% |
| Hindustan Unilever Ltd. | FMCG | Equity | 3.9% |
| ITC Ltd. | FMCG | Equity | 3.8% |
Fund Managers
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%.
