Fund Details
Edelweiss Tax Advantage Fund Regular Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.39% |
| NAV | ₹40.99 (26 Feb 2020) |
|---|---|
| Fund Started | 27 Jan 2009 |
| Fund Size | ₹9 Cr |
Returns
Comparison
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
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
| 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 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%.
