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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

20.20

as on 20 Oct 2021

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 17,385 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

  • ₹ 72.480

    as on 20 Oct 2021
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 179 Cr.

    as on 20 Oct 2021
  • 2.37%

    since 31 May 2021
  • 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 ₹ 72.480 as on 20 Oct 2021.

This fund has 12 years of track record. Since 31 May 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 7.95% 19.95% 39.82% 98.59% 56.33% 38.24% 24.51% 20.35% 90.17% 81.78% 56.97% 35.24% 25.25%
Category Average 4.51% 13.82% 30.47% 62.35% 28.63% 22.32% 15.58% 16.50% 57.64% 47.37% 32.92% 21.30% 17.64%
Edelweiss Long Term Equity Fund (Tax Savings) 4.17%₹ 10,416 12.29%₹ 11,228 26.49%₹ 12,649 54.18%₹ 15,418 48.34%₹ 14,944 24.01%₹ 15,404 40.48%₹ 34,851 20.20%₹ 17,385 28.59%₹ 54,315 13.08%₹ 18,499 18.29%₹ 94,679 14.87%₹ 40,044 15.29%₹ 2,67,205
Mirae Asset Tax Saver Fund 4.92%₹ 10,492 14.34%₹ 11,434 30.34%₹ 13,034 63.86%₹ 16,386 57.73%₹ 15,481 34.22%₹ 18,059 51.07%₹ 37,929 27.22%₹ 20,615 37.13%₹ 60,793 21.00%₹ 25,946 25.80%₹ 1,13,553 - -
Canara Robeco Equity Tax Saver Fund 4.03%₹ 10,403 13.74%₹ 11,374 29.97%₹ 12,996 59.13%₹ 15,912 55.19%₹ 15,337 33.96%₹ 17,989 48.88%₹ 37,285 27.70%₹ 20,851 36.43%₹ 60,246 19.23%₹ 24,111 25.39%₹ 1,12,422 17.14%₹ 48,724 18.92%₹ 3,24,973
Axis Long Term Equity Fund 1.96%₹ 10,196 14.78%₹ 11,478 30.03%₹ 13,002 61.94%₹ 16,193 52.63%₹ 15,190 26.85%₹ 16,121 43.30%₹ 35,661 25.07%₹ 19,586 32.54%₹ 57,250 18.37%₹ 23,252 23.11%₹ 1,06,431 20.25%₹ 63,308 20.52%₹ 3,54,349
Quant Tax Plan 8.01%₹ 10,800 11.17%₹ 11,116 36.88%₹ 13,688 95.35%₹ 19,534 85.92%₹ 17,044 55.14%₹ 24,156 78.64%₹ 46,413 37.56%₹ 26,073 55.31%₹ 76,250 24.16%₹ 29,521 34.52%₹ 1,39,523 18.94%₹ 56,751 24.99%₹ 4,51,422
Invesco India Tax Plan 5.56%₹ 10,555 12.96%₹ 11,295 30.78%₹ 13,077 57.44%₹ 15,743 54.56%₹ 15,301 28.97%₹ 16,667 44.66%₹ 36,055 22.56%₹ 18,431 32.35%₹ 57,104 16.85%₹ 21,793 21.95%₹ 1,03,498 17.78%₹ 51,459 18.78%₹ 3,22,465

Portfolio Holdings

Portfolio holdings pattern of Edelweiss Long Term Equity Fund (Tax Savings) as on 21 Oct 2021 are listed below:

  • Equity Holdings:

    98.59%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    1.41%

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

Name of SectorHolding PercentageHolding Values in Crore
Banks 23.77% ₹ 42.44 Cr.
Computers - Software 13.31% ₹ 23.76 Cr.
Engineering, designing, construction 7.24% ₹ 12.93 Cr.
Pharmaceuticals 6.10% ₹ 10.88 Cr.
Cement 4.35% ₹ 10.36 Cr.
Others 45.23% -

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

Name of StocksHolding PercentageHolding Values in Crore
Infosys Ltd. 7.90% ₹ 14.10 Cr.
ICICI Bank Ltd. 7.21% ₹ 12.87 Cr.
HDFC Bank Ltd. 6.37% ₹ 11.38 Cr.
Axis Bank Ltd. 4.84% ₹ 8.64 Cr.
State Bank Of India 4.18% ₹ 7.47 Cr.
Others 69.50% -

Other Holdings

Holding TypeHolding Percentage
TREPS 1.13%
Net Receivables 0.28%