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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

14.40

as on 30 Sep 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 14,977 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

  • ₹ 69.570

    as on 30 Sep 2022
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 195 Cr.

    as on 31 Dec 2021
  • 2.37%

  • 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 ₹ 69.570 as on 30 Sep 2022.

This fund has 13 years of track record. Since 30 Nov 2021 expense ratio of this fund is 2.37%. 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 Harsh Kothari

    Picture of Harsh KothariMr. Kothari has done BMS Finance & MBA Finance Prior to joining Edelweiss AMC, he was associated with JP Morgan AMC & Morgan Stanley Fund Services.
  • About Pratik Dharmshi

    Picture of Pratik DharmshiMr. Dharmshi has done B. Com & CA Prior to joining Edelweiss AMC, he was associated with JP Morgan India Pvt. Ltd., CRISIL Ltd. & Morgan Stanley Advantage Services Pvt. Ltd.

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Moderately 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 0.89% 17.01% 5.58% 17.83% 45.09% 38.30% 22.21% 20.26% 17.48% 30.15% 41.13% 30.55% 23.75%
Category Average -2.26% 10.42% 0.22% -0.39% 25.98% 16.59% 11.13% 14.49% 2.53% 12.45% 18.52% 14.35% 13.95%
Edelweiss Long Term Equity Fund (Tax Savings) -2.55%₹ 9,745 10.13%₹ 11,013 -1.36%₹ 9,863 -0.97%₹ 9,903 1.22%₹ 12,079 24.06%₹ 15,391 10.91%₹ 26,781 14.40%₹ 14,977 16.38%₹ 45,881 9.84%₹ 15,993 12.60%₹ 82,342 13.11%₹ 34,321 12.03%₹ 2,24,502
DSP Tax Saver Fund -2.15%₹ 9,784 9.92%₹ 10,991 0.40%₹ 10,040 -1.56%₹ 9,843 1.94%₹ 12,126 29.37%₹ 16,737 13.36%₹ 27,422 17.58%₹ 16,264 19.73%₹ 48,100 12.58%₹ 18,087 16.10%₹ 89,755 16.43%₹ 45,858 15.60%₹ 2,71,839
Mirae Asset Tax Saver Fund -3.10%₹ 9,689 8.24%₹ 10,823 -1.60%₹ 9,839 -3.27%₹ 9,673 -1.68%₹ 11,891 26.07%₹ 15,893 10.63%₹ 26,710 19.33%₹ 16,999 19.08%₹ 47,664 14.54%₹ 19,733 16.62%₹ 90,917 - -
Quant Tax Plan 0.89%₹ 10,088 17.01%₹ 11,701 5.44%₹ 10,544 12.37%₹ 11,236 17.48%₹ 13,108 45.09%₹ 21,050 30.15%₹ 31,948 38.30%₹ 26,478 41.13%₹ 64,006 22.21%₹ 27,290 30.55%₹ 1,27,149 20.26%₹ 63,421 23.75%₹ 4,22,215
BOI AXA Tax Advantage Fund -0.82%₹ 9,917 13.77%₹ 11,377 0.30%₹ 10,029 -2.57%₹ 9,743 3.01%₹ 12,195 27.10%₹ 16,155 13.45%₹ 27,446 23.34%₹ 18,776 21.90%₹ 49,582 14.43%₹ 19,635 18.41%₹ 94,981 15.81%₹ 43,453 16.26%₹ 2,81,663
Canara Robeco Equity Tax Saver Fund -2.62%₹ 9,738 11.77%₹ 11,177 0.91%₹ 10,090 -0.62%₹ 9,938 2.59%₹ 12,168 25.80%₹ 15,826 12.69%₹ 27,245 20.48%₹ 17,498 20.24%₹ 48,445 15.63%₹ 20,686 17.71%₹ 93,365 15.06%₹ 40,732 15.55%₹ 2,71,071

Portfolio Holdings

Portfolio holdings pattern of Edelweiss Long Term Equity Fund (Tax Savings) as on 02 Oct 2022 are listed below:

  • Equity Holdings:

    96.73%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.27%

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

Name of SectorHolding PercentageHolding Values in Crore
Banks 20.94% ₹ 42.70 Cr.
Computers - Software 16.06% ₹ 32.73 Cr.
Engineering, designing, construction 6.77% ₹ 13.80 Cr.
Pharmaceuticals 4.44% ₹ 9.08 Cr.
Cement 4.14% ₹ 8.45 Cr.
Others 47.65% -

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

Name of StocksHolding PercentageHolding Values in Crore
Infosys Ltd. 8.26% ₹ 16.84 Cr.
ICICI Bank Ltd. 7.41% ₹ 15.10 Cr.
HDFC Bank Ltd. 5.27% ₹ 10.75 Cr.
State Bank Of India 4.02% ₹ 8.20 Cr.
Larsen & Toubro Ltd. 3.94% ₹ 8.03 Cr.
Others 71.10% -

Other Holdings

Holding TypeHolding Percentage
TREPS 2.12%
Net Receivables 1.15%