MyWealthGrowth.com logo
HomeMutual Funds

Edelweiss Long Term Equity Fund (Tax Savings)

Edelweiss Long Term Equity Fund (Tax Savings)

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

17.27

as on 28 Nov 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 16,135 today.

Invest Now

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

  • ₹ 82.660

    as on 28 Nov 2023
  • Regular - Growth

  • -

  • ₹ 500

  • ₹ 217 Cr.

    as on 31 May 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 ₹ 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)

  • 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 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

Portfolio holdings pattern of Edelweiss Long Term Equity Fund (Tax Savings) as on 30 Nov 2023 are listed below:

  • Equity Holdings:

    96.58%
  • Debt Holdings:

    0.00%
  • Others Holdings:

    3.42%

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

Name of SectorHolding PercentageHolding 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 StocksHolding PercentageHolding 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 TypeHolding Percentage
TREPS 3.43%
Net Receivables -0.01%