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).
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.
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
INF754K01541
ISIN
3 years
Lock-in
IISL Nifty 500 TR INR
Benchmark
₹
0
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
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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.
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.
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?
Recommended
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.
Not 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.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are preferred
Impact of Interest Rates
We check the relative interest rate risk of the sub-category of the fund. Lower the better
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
Debt Funds
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Track your investments
Mutual fund companies allot you units and send confirmation via email & SMS. The same gets updated in your Scripbox Account
The Scripbox Promise
Scripbox has helped over 2500 people become millionaires in the last 7
years
You'll never have to worry about what funds to choose. We'll suggest
what's best for you.
Continuous monitoring alerts
We will track our recommendations and suggest changes fund exists
whenever required.
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Annual reviews rebalances
We review your investments and make course corrections every year to
make the best out of your investments
About Edelweiss Long Term Equity fund (Dividend Reinvestment - Annually)
About Edelweiss Long Term Equity fund (Dividend Reinvestment - Annually)
Edelweiss Long Term Equity fund (Dividend Reinvestment - Annually) is a Tax Saving Equity fund and has delivered an annualised return of 13.56% over a period of 11 years.
The fund was previously known as Edelweiss ELSS DR.
The fund is managed by Edelweiss Asset Management Limited.
The fund managers are Harsh Kothari, Pratik Dharmshi.
Edelweiss Long Term Equity fund (Dividend Reinvestment - 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 Reinvestment - Annually) NAV, AUM and Risk
The fund was launched on 2008-12-30. The NAV of the fund as of 2020-10-20 is ₹ 14.98. The total AUM of the fund as of 2020-10-20 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 Reinvestment - 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 Reinvestment - Annually) SIP
The minimum SIP(Systematic Investment Plan) amount for this is ₹ 0 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 Reinvestment - 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.
