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Edelweiss Tax Advantage Fund Regular Growth-0.93%

9.74%
1 Year Return
Equity
ELSS
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Tax Advantage Fund Regular Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.39%
NAV₹40.99 (26 Feb 2020)
Fund Started27 Jan 2009
Fund Size9 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
9.7%
7.3%
5.5%
13.6%
Category Average
19.1%
6.3%
14.2%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 9.7% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. 1Y Returns are higher than the benchmark
3. Exit load is zero
4. Age is more than 10 years
5. 1Y Returns are higher than the category average returns
6. 3Y Returns are higher than the category average returns
7. 10Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk is higher compared to the benchmark
3. Higher expense ratio
4. 3Y Returns are lower than the benchmark
5. 5Y Returns are lower than the benchmark
6. 10Y Returns are lower than the benchmark
7. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
8. Higher expense ratio - 2.39%
9. 5Y Returns are lower than the category average returns

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
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Edelweiss Tax Advantage Fund Regular Growth Details

Edelweiss Tax Advantage Fund Regular Growth is a Equity Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 27 Jan 2009. Harshad Patwardhan is the Current Fund Manager of Edelweiss Tax Advantage Fund Regular Growth fund.The fund currently has an Asset Under Management(AUM) of ₹9 Cr and the Latest NAV as of 26 Feb 2020 is ₹40.99.

The Edelweiss Tax Advantage Fund Regular Growth is rated Moderately High risk. Minimum SIP Investment is set to 500.

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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