Formerly Edelweiss ELSS DR
₹ 18.76
NAV (Mar 02)
Neutral
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Tax saving funds provides inflation beating growth over the long term and is suitable for investment objectives with duration of 10-15 years or longer (minimum 5 years).
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Track Record
13 Years. The Fund has Sufficient history for analysis and the track record is good.
Relative Size
148 Cr. Small within the category
Category View
Positive. The category has a positive investment outlook
Consistency Of Performance
Poor. The historical performance of the fund has been poor
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.
No single fund can achieve what a plan can. Learn why
Scheme Information
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
Low to Moderate
Moderate
Moderately High
High
Very High
Very High Risk
2.37 %
Expense Ratio
Dec 30, 2008
Launched (13y ago)
₹ 148
AUM in Crores
INF754K01541
ISIN
3
Lock-in
IISL Nifty 500 TR INR
Benchmark
₹ 0
SIP Minimum
₹ 500
Lumpsum Min.
Returns Calculator Comparison
of
for
with step up of
Instrument | Returns | Total Corpus | Gains | Annualised % |
---|---|---|---|---|
Mutual Fund | ₹ 965,796 | ₹ 233,184 | 11.25% | |
EPF | ₹ 900,761 | ₹ 168,149 | 8.50% | |
Property | ₹ 867,662 | ₹ 135,050 | 7.00% | |
PPF | ₹ 869,819 | ₹ 137,207 | 7.10% | |
Bank FD | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Gold | ₹ 846,471 | ₹ 113,859 | 6.00% | |
Savings Bank | ₹ 825,950 | ₹ 93,338 | 5.00% |
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.
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About the AMC
Edelweiss Asset Management Limited
Edelweiss Asset Management Limited manages assets worth 20,194 crores and was set up on 23 August 2007. It's current offering of mutual fund schemes includes 28 equity,92 debt and 24 hybrid funds.
Diversified
Top Ranked
₹ 609 Cr
Fund Size
10%
3Y returns
Large Cap
Top Ranked
₹ 218 Cr
Fund Size
12%
3Y returns
Diversified
Top Ranked
₹ 603 Cr
Fund Size
12.5%
3Y returns
International - Others
Top Ranked
₹ 1,033 Cr
Fund Size
25.4%
3Y returns
Large Cap
Top Ranked
₹ 218 Cr
Fund Size
12%
3Y 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.
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Edelweiss Long Term Equity fund (DR-A) is a tax saving equity fund and has delivered an annualised return of 15.3% over a period of 13 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
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.
The Edelweiss Long Term Equity fund (DR-A) fund was launched on Dec 30, 2008. The NAV (Net Asset Value) of this tax saving equity as of 2021-03-02 is ₹ 18.76. The total AUM (Asset Under Management) of the fund as of 2021-03-02 is ₹ 147.555. The category risk of the Edelweiss Long Term Equity fund (DR-A) fund is Very High Risk. The fund charges 2.37 % as expense ratio.
The fund’s highest allocation is towards equity and has invested 97.1% in this asset class. The top three holdings of the fund are infosys ltd,hdfc bank ltd and icici bank ltd
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.
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
Edelweiss Long Term Equity fund (DR-A) has a score of 2 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Edelweiss Long Term Equity fund (DR-A) has a score of 2 out of 5. Scipbox has rated this fund 2 out of 5 based on consistency of performance over various years / tenures.