Fund Performance
Lumpsum
SIP
17.27
as on 28 Nov 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,135 today.
NAV Performance
Fund Information
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₹ 82.660
as on 28 Nov 2023 -
Regular - Growth
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-
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₹ 500
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₹ 217 Cr.
as on 31 May 2023 -
2.33%
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30 Dec 2008
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Nifty 500 TRI
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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 ₹ 82.660 as on 28 Nov 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)
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About Ashwani Agarwalla
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About Trideep Bhattacharya
Mr. 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 | 9.69% | 12.22% | 22.06% | 25.45% | 32.94% | 33.06% | 26.54% | 24.25% | 40.26% | 26.78% | 23.29% | 30.46% | 23.28% |
| Category Average | 5.46% | 5.18% | 13.97% | 15.46% | 11.40% | 19.36% | 14.95% | 15.98% | 26.26% | 17.71% | 15.84% | 17.74% | 14.28% |
| Edelweiss Long Term Equity Fund (Tax Savings) | 4.96%₹ 10,496 | 3.18%₹ 10,318 | 10.98%₹ 11,098 | 12.19%₹ 11,218 | 20.91%₹ 13,320 | 9.42%₹ 11,978 | 14.67%₹ 27,765 | 17.27%₹ 16,135 | 13.49%₹ 44,017 | 13.58%₹ 18,906 | 15.62%₹ 88,711 | 13.90%₹ 36,786 | 12.34%₹ 2,28,277 |
| Quant Tax Plan | 9.52%₹ 10,951 | 10.46%₹ 11,046 | 22.06%₹ 12,205 | 15.07%₹ 11,506 | 35.77%₹ 14,218 | 15.05%₹ 13,246 | 22.66%₹ 29,900 | 33.06%₹ 23,577 | 23.29%₹ 50,540 | 26.54%₹ 32,467 | 30.46%₹ 1,26,863 | 24.25%₹ 87,821 | 23.28%₹ 4,11,406 |
| Kotak Tax Saver Fund | 3.70%₹ 10,369 | 3.07%₹ 10,306 | 11.90%₹ 11,190 | 13.84%₹ 11,384 | 21.45%₹ 13,354 | 11.58%₹ 12,456 | 16.74%₹ 28,313 | 20.10%₹ 17,333 | 15.99%₹ 45,626 | 16.72%₹ 21,673 | 18.42%₹ 95,002 | 17.20%₹ 48,951 | 15.27%₹ 2,66,982 |
| Mirae Asset Tax Saver Fund | 5.02%₹ 10,502 | 3.40%₹ 10,340 | 12.81%₹ 11,281 | 13.36%₹ 11,336 | 22.56%₹ 13,422 | 9.03%₹ 11,892 | 15.42%₹ 27,963 | 18.73%₹ 16,744 | 14.20%₹ 44,474 | 17.31%₹ 22,226 | 18.40%₹ 94,944 | - | - |
| IDFC Tax Advantage (elss) Fund | 4.82%₹ 10,481 | 3.53%₹ 10,352 | 14.18%₹ 11,417 | 17.57%₹ 11,756 | 26.55%₹ 13,665 | 13.93%₹ 12,989 | 19.15%₹ 28,955 | 25.95%₹ 19,994 | 18.93%₹ 47,565 | 17.95%₹ 22,838 | 22.25%₹ 1,04,261 | 17.59%₹ 50,603 | 16.73%₹ 2,88,829 |
| BOI AXA Tax Advantage Fund | 8.69%₹ 10,869 | 9.05%₹ 10,904 | 19.87%₹ 11,986 | 20.70%₹ 12,070 | 35.54%₹ 14,205 | 12.34%₹ 12,627 | 22.62%₹ 29,889 | 22.16%₹ 18,241 | 19.26%₹ 47,786 | 21.28%₹ 26,255 | 22.79%₹ 1,05,623 | 17.66%₹ 50,881 | 17.42%₹ 2,99,675 |
Portfolio Holdings
Top Sector Holdings of Edelweiss Long Term Equity Fund (Tax Savings)
| Name of Sector | Holding Percentage | Holding Values in Crore |
|---|---|---|
| Banks | 25.42% | ₹ 60.01 Cr. |
| Computers - Software | 8.85% | ₹ 20.88 Cr. |
| Engineering, designing, construction | 5.50% | ₹ 12.98 Cr. |
| Refineries/Marketing | 5.18% | ₹ 12.23 Cr. |
| Pharmaceuticals | 4.98% | ₹ 11.76 Cr. |
| Others | 50.07% | - |
Top Stock Holdings of Edelweiss Long Term Equity Fund (Tax Savings)
| Name of Stocks | Holding Percentage | Holding Values in Crore |
|---|---|---|
| ICICI Bank Ltd. | 8.91% | ₹ 21.03 Cr. |
| HDFC Bank Ltd. | 5.67% | ₹ 13.39 Cr. |
| Reliance Industries Ltd. | 5.18% | ₹ 12.23 Cr. |
| Infosys Ltd. | 5.01% | ₹ 11.83 Cr. |
| Larsen & Toubro Ltd. | 4.99% | ₹ 11.78 Cr. |
| Others | 70.24% | - |
Other Holdings
| Holding Type | Holding Percentage |
|---|---|
| TREPS | 3.43% |
| Net Receivables | -0.01% |