Edelweiss Tax Advantage Direct Plan Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 01 Jan 2013. Harshad Patwardhan is the Current Fund Manager of Edelweiss Tax Advantage Direct Plan Growth.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 21 Nov 2019 is ₹44.27.
The Edelweiss Tax Advantage Direct Plan Growth is rated Moderately High risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 500. Nil.
Investment Objective
The investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.
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