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Edelweiss Long Term Equity Fund (Tax Savings)

Edelweiss Long Term Equity Fund (Tax Savings)

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

23.43

as on 07 Jun 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 18,826 today.

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NAV Performance

Edelweiss Long Term Equity Fund (Tax Savings) performance graph for last 3 years
Performance of Edelweiss Long Term Equity Fund (Tax Savings) for last 3 Years

Fund Information

  • ₹ 76.060

    as on 07 Jun 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 217 Cr.

    as on 31 Mar 2023
  • 2.33%

  • 30 Dec 2008

  • Equity - ELSS

  • Nifty 500 TRI

  • Edelweiss Mutual Fund

    Show All Funds
  • Data not available.

Highlights of this fund

Edelweiss Long Term Equity Fund (Tax Savings) is an Open-ended Equity Fund. The fund belongs to ELSS category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 30 Dec 2008. This fund is offered by one of the top AMC (Assets Management Company) Edelweiss Mutual Fund. You can also view here all other Equity funds offered by Edelweiss Mutual Fund.

Latest NAV of the fund is ₹ 76.060 as on 07 Jun 2023.

This fund has 14 years of track record. Since 31 Mar 2023 expense ratio of this fund is 2.33%. Ideally you shoulds compare this fund with the benchmark Nifty 500 TRI.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 500.

Fund Objective

The primary objective of the scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments.

List of Fund Managers of Edelweiss Long Term Equity Fund (Tax Savings)

  • About Ashwani Agarwalla

    Picture of Ashwani Agarwalla
  • About Trideep Bhattacharya

    Picture of Trideep BhattacharyaMr. Bhattacharya is a B.Tech (Electrical Engineer), MBA (Finance) Prior to joining Edelweiss Asset Management Limited he has worked with Axis Mutual Fund, State Street Global Advisors, UBS Global Asset Management and Kotak Securities.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 7.72% 12.00% 7.28% 25.94% 32.94% 41.34% 22.18% 22.39% 23.72% 15.59% 22.71% 26.73% 21.92%
Category Average 5.12% 7.00% 2.71% 17.34% 10.69% 24.36% 11.67% 15.19% 15.31% 9.40% 15.04% 15.22% 13.61%
Edelweiss Long Term Equity Fund (Tax Savings) 5.22%₹ 10,521 7.16%₹ 10,715 3.38%₹ 10,338 17.18%₹ 11,717 15.13%₹ 12,957 9.98%₹ 12,096 9.07%₹ 26,299 23.43%₹ 18,826 14.10%₹ 44,391 10.69%₹ 16,617 14.04%₹ 85,285 13.15%₹ 34,416 12.00%₹ 2,24,032
Quant Tax Plan 3.79%₹ 10,379 6.50%₹ 10,650 -4.30%₹ 9,570 14.43%₹ 11,443 8.56%₹ 12,547 12.83%₹ 12,731 9.04%₹ 26,290 41.35%₹ 28,292 22.71%₹ 50,110 22.18%₹ 27,238 26.73%₹ 1,16,038 22.39%₹ 75,491 21.92%₹ 3,82,012
Kotak Tax Saver Fund 4.41%₹ 10,441 6.79%₹ 10,678 3.32%₹ 10,331 20.46%₹ 12,045 16.53%₹ 13,044 12.18%₹ 12,583 11.65%₹ 26,966 26.24%₹ 20,145 17.14%₹ 46,358 14.51%₹ 19,694 17.18%₹ 92,133 15.80%₹ 43,409 15.07%₹ 2,64,006
Mirae Asset Tax Saver Fund 4.63%₹ 10,463 6.68%₹ 10,667 2.21%₹ 10,220 14.65%₹ 11,464 13.51%₹ 12,856 8.87%₹ 11,853 7.75%₹ 25,960 26.68%₹ 20,353 14.56%₹ 44,684 15.10%₹ 20,211 16.89%₹ 91,465 - -
IDFC Tax Advantage (elss) Fund 6.23%₹ 10,622 9.01%₹ 10,901 5.27%₹ 10,526 19.62%₹ 11,962 19.28%₹ 13,213 13.39%₹ 12,857 12.61%₹ 27,217 34.00%₹ 24,101 20.95%₹ 48,901 13.69%₹ 19,002 20.02%₹ 98,733 17.50%₹ 50,205 16.25%₹ 2,81,372
BOI AXA Tax Advantage Fund 3.31%₹ 10,330 7.27%₹ 10,726 2.68%₹ 10,268 19.91%₹ 11,990 15.41%₹ 12,974 10.67%₹ 12,247 8.73%₹ 26,211 27.68%₹ 20,842 15.92%₹ 45,559 14.02%₹ 19,275 18.81%₹ 95,858 16.70%₹ 46,889 15.88%₹ 2,75,788

Portfolio Holdings

Portfolio holdings pattern of Edelweiss Long Term Equity Fund (Tax Savings) as on 08 Jun 2023 are listed below:

  • Equity Holdings:

    95.99%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    4.01%

Top Sector Holdings of Edelweiss Long Term Equity Fund (Tax Savings)

Name of SectorHolding PercentageHolding Values in Crore
Banks 25.08% ₹ 54.36 Cr.
Computers - Software 11.19% ₹ 24.25 Cr.
Refineries/Marketing 6.13% ₹ 13.28 Cr.
Engineering, designing, construction 5.76% ₹ 12.48 Cr.
Pharmaceuticals 4.87% ₹ 10.57 Cr.
Others 46.97% -

Top Stock Holdings of Edelweiss Long Term Equity Fund (Tax Savings)

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 8.69% ₹ 18.82 Cr.
Infosys Ltd. 6.70% ₹ 14.52 Cr.
Reliance Industries Ltd. 6.13% ₹ 13.28 Cr.
HDFC Bank Ltd. 5.98% ₹ 12.96 Cr.
Larsen & Toubro Ltd. 5.18% ₹ 11.22 Cr.
Others 67.32% -

Other Holdings

Holding TypeHolding Percentage
TREPS 4.28%
Net Receivables -0.27%