Home>Mutual Funds>Edelweiss Mutual Fund>Edelweiss Tax Advantage Fund Regular Growth

Edelweiss Tax Advantage Fund Regular Growth

Equity
ELSS
Moderately High Risk
3Y Lock Inlock
9.74%
1Y return
-0.93% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 26 Feb 2020₹40.99
Min. SIP Amount₹500
Rating2star
Fund Size₹8.68 Cr

Return calculator

Monthly SIP
₹5,000 per month
Over the past
Total investment of 0
Would have become 0 (0.00%)

Returns and rankings

Category: Equity ELSS
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns9.7%7.3%5.5%13.6%
Category average54.9%14.2%14.3%NA
Rank with in categoryNANANANA
Understand termsinfo

Holdings (34)

NameSectorInstrumentAssets
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 India
FinancialEquity5.1%
Larsen & Toubro Ltd.ConstructionEquity4.3%
Axis Bank Ltd.FinancialEquity4.1%
Hindustan Unilever Ltd.FMCGEquity3.9%
ITC Ltd.FMCGEquity3.8%
See All

Pros and cons

Category: Equity ELSS

Pros

  • Age is more than 10 years
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
  • Higher expense ratio - 2.39%
  • 1Y Returns are lower than the category average returns
  • 3Y Returns are lower than the category average returns
  • 5Y Returns are lower than the category average returns
  • 10Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 2.39%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Upto Rs. 1.5 lac will be tax free under 80C. Lockin of 3 years. Returns will be taxed at 10%.

Understand termsinfo

Minimum investment amounts

Min. for 1st investmentNA
Min. for 2nd investment onwardsNA
Min. for SIP₹500

Fund management

Harshad Patwardhan
Dec 2008 - Present
View Details
keyboard_arrow_down
Pratik Dharmshi
Apr 2019 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Edelweiss Tax Advantage Fund Regular Growth
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India