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Edelweiss Long Term Equity fund (Dividend Payout - Annually)

Equity

Tax Saving

₹ 14.92

NAV (OCT 26)

Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

Tax Saving funds provides tax saving with inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).

Our analysis of this fund Learn how we rate funds ->
Our analysis of this fund Learn how we rate funds ->

Track Record

11 Years

The fund has sufficient history for analysis and the track record is good

Relative Size

119 Cr

Small within the category

Category View

Positive

The category has a positive investment outlook

Consistency Of Performance

Relatively moderate

The historical performance of the fund has been OK.

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

Learn why choose a plan over a fund ->
  • Historical growth rate of 12.00% per annum
  • Recommended Duration > 5 years
  • 3 years
  • Save tax
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Historical NAV

14.92

NAV (OCT 26)

SIP Calculator

Investing Duration 5 years

Total Investment

Wealth Gained

Total Corpus Created

With assumed returns of 11.25%
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Scheme Information

Investment 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. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Low

Moderately Low

Moderate

Moderately High

High

Moderately High risk

2.38%

Expense Ratio

30th Dec, 2008

Launched (11y ago)

₹ 119

AUM in Crores

INF754K01525

3 years

IISL Nifty 500 TR INR

Benchmark

₹ 500

SIP Minimum

₹ 500

Lumpsum Min.

Fund Managers

Harsh Kothari

Fund Manager

Pratik Dharmshi

Fund Manager

Returns Calculator Comparison

of

for

Instrument Returns Total Corpus Gains Annualised %
Mutual Fund 70% 11.25%
EPF 70%
Property 70%
PPF 70%
Bank FD 70%
Gold 70%
Savings Bank 70%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 27th October 2020

Top Stock Holdings

Infosys Ltd

8%

Reliance Industries Ltd

7%

Hdfc Bank Ltd

7%

Clearing Corporation Of India Ltd.

6%

Icici Bank Ltd

5%
See all holdings
allocation by market cap

Allocation by Sector

Financial Services

26%

Technology

14%

Basic Materials

10%

Healthcare

10%

Consumer Defensive

9%
See all sectors

Comparison with Equity Funds

Tax Saver Plan

Invest in a scientifically curated set of tax saving funds (ELSS) which are designed to help you save tax under Sec. 80C while offering the opportunity for growth in line with equity returns.

  • Indicative returns of 12.00% annually
  • Recommended Duration > 5 years
  • 3 years
  • Save tax
  • One-click investing and tracking
  • Zero fees for all your investments

SIP Calculator

Investment Duration 5 years

₹12,37,295

Total Investment

₹12,37,295

Wealth Gained

₹12,37,295

Total Corpus Created

With assumed returns of 11.25%
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How does Scripbox rate funds?

Proprietary system to rate mutual funds

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

What Scripbox recommendations mean?

Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.

Top Ranked

These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.

Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred

calender

Category View

We check if the sub-category of the fund is recommended by us

calender

Consistency Of Performance

Consistency of performance over various tenures is analysed for a relative performance stack

calender

Track Record

We look at consistent and long historical performance for our analysis

calender

Relative Size

We look at the size of the fund with respect to other funds in the category. Larger funds are preferred

calender

Impact of Interest Rates

We check the relative interest rate risk of the sub-category of the fund. Lower the better

calender

Credit Quality Of Fund’s Portfolio

We check the relative interest rate risk of the sub-category of the fund. Lower the better

Equity Funds

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About Edelweiss Long Term Equity fund (Dividend Payout - Annually)

About Edelweiss Long Term Equity fund (Dividend Payout - Annually)

Edelweiss Long Term Equity fund (Dividend Payout - Annually) is a Tax Saving Equity fund and has delivered an annualised return of 13.51% over a period of 11 years. The fund was previously known as Edelweiss ELSS DP. The fund is managed by Edelweiss Asset Management Limited. The fund managers are Harsh Kothari, Pratik Dharmshi.

Edelweiss Long Term Equity fund (Dividend Payout - Annually) Investment 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. However,there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. However, there is no assurance that the objective of the scheme will be realized.

Edelweiss Long Term Equity fund (Dividend Payout - Annually) NAV, AUM and Risk

The fund was launched on 2008-12-30. The NAV of the fund as of 2020-10-26 is ₹ 14.92. The total AUM of the fund as of 2020-10-26 is ₹ 119 Cr. The category risk of the fund is Moderately High risk

The fund charges 2.38 % as expense ratio.

Edelweiss Long Term Equity fund (Dividend Payout - Annually) Holdings

The fund’s highest allocation is towards equity and has invested 95.47% in this asset class. The top three holdings of the fund are infosys ltd, reliance industries ltd and hdfc bank ltd.

Edelweiss Long Term Equity fund (Dividend Payout - Annually) SIP

The minimum SIP(Systematic Investment Plan) amount for this is ₹ 500 and you can increase this in multiples of 100. In case you want to invest a lump sum, the minimum amount to be invested is ₹ 500.

Edelweiss Long Term Equity fund (Dividend Payout - Annually) Investment volatility and Horizon

This fund is meant for investors with a minimum investment horizon of 5-7 years. Due to the asset class nature, expect volatility in your investments over the short term. The fund is benchmarked to IISL Nifty 500 TR INR.