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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

10.51

as on 24 May 2022

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 13,500 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

  • ₹ 64.020

    as on 24 May 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 ₹ 64.020 as on 24 May 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 -3.91% 6.82% -3.57% 17.83% 61.14% 30.73% 21.42% 20.03% 2.71% 36.59% 39.59% 27.97% 22.59%
Category Average -7.31% -1.55% -9.75% 5.67% 33.89% 12.43% 10.75% 15.12% -9.07% 14.22% 16.18% 12.41% 13.36%
Edelweiss Long Term Equity Fund (Tax Savings) -7.41%₹ 9,259 -2.33%₹ 9,766 -9.51%₹ 9,048 4.20%₹ 10,419 -9.97%₹ 11,346 31.49%₹ 17,316 12.40%₹ 27,157 10.51%₹ 13,500 14.09%₹ 44,382 9.00%₹ 15,393 10.68%₹ 78,472 13.46%₹ 35,389 11.50%₹ 2,18,193
DSP Tax Saver Fund -7.28%₹ 9,271 -0.99%₹ 9,901 -8.51%₹ 9,148 5.07%₹ 10,507 -8.48%₹ 11,445 36.81%₹ 18,749 17.11%₹ 28,393 14.77%₹ 15,122 18.68%₹ 47,373 12.41%₹ 17,953 14.78%₹ 86,852 17.25%₹ 49,146 15.39%₹ 2,68,622
Mirae Asset Tax Saver Fund -7.48%₹ 9,251 -0.87%₹ 9,912 -9.61%₹ 9,038 5.15%₹ 10,514 -8.78%₹ 11,425 40.46%₹ 19,766 16.54%₹ 28,241 16.55%₹ 15,840 19.62%₹ 48,000 15.41%₹ 20,478 16.32%₹ 90,204 - -
Quant Tax Plan -8.96%₹ 9,104 6.82%₹ 10,681 -5.33%₹ 9,467 14.41%₹ 11,440 2.71%₹ 12,174 61.14%₹ 26,033 36.59%₹ 33,712 30.73%₹ 22,356 39.59%₹ 62,697 21.42%₹ 26,405 27.97%₹ 1,19,501 20.03%₹ 62,157 22.59%₹ 3,96,116
BOI AXA Tax Advantage Fund -9.66%₹ 9,033 -3.22%₹ 9,677 -13.41%₹ 8,658 3.72%₹ 10,371 -14.98%₹ 11,008 35.64%₹ 18,428 13.71%₹ 27,500 19.34%₹ 17,004 19.46%₹ 47,897 15.24%₹ 20,332 15.86%₹ 89,183 16.22%₹ 45,002 15.25%₹ 2,66,551
Canara Robeco Equity Tax Saver Fund -6.66%₹ 9,333 -3.77%₹ 9,623 -10.94%₹ 8,906 4.88%₹ 10,488 -10.96%₹ 11,280 34.30%₹ 18,066 14.12%₹ 27,606 15.67%₹ 15,483 18.17%₹ 47,036 14.43%₹ 19,628 15.88%₹ 89,219 15.49%₹ 42,247 14.79%₹ 2,60,087

Portfolio Holdings

Portfolio holdings pattern of Edelweiss Long Term Equity Fund (Tax Savings) as on 25 May 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%