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  • Edelweiss ELSS Tax saver fund (Growth)

Formerly Edelweiss Long Term Equity Gr

Edelweiss Mutual Funds

Edelweiss ELSS Tax saver fund (Growth)

EquityTax Saving

94.33

NAV (Apr 18)

15.2%
5 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in tax saving mutual funds.

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).

Our analysis of this fundLearn how we rate funds ->

Fund Size

Neutral

The performance of the fund on a Fund Size metric has been Neutral

Outperformance Consistency

Poor

The performance of the fund on a Outperformance Consistency metric has been Poor

Scripbox Recommended Tax Saving Fund
Save tax combined with inflation beating long term growth. Invest in Scripbox Recommended Tax Saver Funds to unlock the best of both worlds - tax saving and long term wealth creation.?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

94.33

NAV (Apr 18)

Fund Returns

Last 1Y
34.3%
Last 3Y
17.4%
Last 5Y
15.2%
Last 10Y
14.2%
Since Inception
15.8%
6 Month CAGR
16.7%

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.

Expense Ratio
2.33
Launched (16y ago)
Dec 30, 2008
AUM in Crores
329.480
ISIN
INF754K01517
Lock-in
3
Benchmark
Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
12.5
Standard Deviation (5yr)
18.3
Beta (3yr)
0.9
Beta (5yr)
0.95
Sharpe Ratio (3yr)
0.913
Sharpe Ratio (5yr)
0.594
YTM
0
Fund Managers

Trideep Bhattacharya

Fund Manager

Ashwani Agarwalla

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Edelweiss ELSS Tax saver fund (Growth)70%10,70,098 3,37,48615.2%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

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.

Asset allocation and Holdings

Last updated on 2024-04-18

Top Stock Holdings

larsen & toubro ltd

5.9%
5.9%

hdfc bank ltd

5.8%
5.8%

icici bank ltd

5.6%
5.6%

reliance industries ltd

4.9%
4.9%

state bank of india

3.4%
3.4%
See all holdings

Allocation by Sector

financial services

31.9%
31.9%

industrials

15.2%
15.2%

consumer cyclical

10.8%
10.8%

technology

9.8%
9.8%

healthcare

7.4%
7.4%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
HDFC Large and Mid Cap Fund (G)
HDFC Large and Mid Cap Fund (G)

₹ 17,313 cr

₹ 14,075 cr

₹ 21,475 cr

₹ 41,281 cr

₹ 60,559 cr

amc-img

About the AMC

Edelweiss Asset Management Limited

Edelweiss Asset Management Limited manages assets worth 92,811 crores and was set up on 23 August 2007. It's current offering of mutual fund schemes includes 57 equity,129 debt and 18 hybrid funds.amc-img
phone-img022-40933400
Fund NameScripbox Opinion
Till Date CAGR

5.7%

5.2%

5.9%

7.3%

-

5.6%

5.9%

7.3%

5.7%

5.2%

Edelweiss ELSS Tax saver fund (G) Review

Edelweiss ELSS Tax saver fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 15.8% over a period of 15 years. The fund was previously known as Edelweiss Long Term Equity Gr. The fund is managed by Edelweiss Asset Management Limited. The fund managers are Ashwani Agarwalla, Trideep Bhattacharya.

Nav of Edelweiss ELSS Tax saver fund (G) as of 4/18/2024 is ₹94.33 with the total AUM as of 4/19/2024 is ₹329.48. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss ELSS Tax saver fund (G) was launched on Dec 30, 2008. The category risk of the fund is Very High Risk.

The minimum SIP amount for Edelweiss ELSS Tax saver fund (G) is ₹500 and you can increase this in multiples of ₹500. In case you want to invest a lump sum, the minimum amount to be invested is ₹500. Check your estimated returns on mutual funds by using sip calculator.

Edelweiss ELSS Tax saver fund (G) 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 Nifty 500 TR INR.

Edelweiss ELSS Tax saver fund (G) is rated as a 1 fund in Equity and delivered 34.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Edelweiss ELSS Tax saver fund (G).

Frequently Asked Questions

What is Edelweiss ELSS Tax saver fund (G)?

Edelweiss ELSS Tax saver fund (G) is a Tax Saving Equity scheme predominantly investing across Equity instruments with an investment objective to generate wealth over the long term.

How to invest in Edelweiss ELSS Tax saver fund (G)?

You can invest in Edelweiss ELSS Tax saver fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Edelweiss ELSS Tax saver fund (G)?

The minimum sip amount for Edelweiss ELSS Tax saver fund (G) is ₹500. You can invest in multiples of ₹500.

Is Edelweiss ELSS Tax saver fund (G) good to invest in?

As per Scripbox experts, Edelweiss ELSS Tax saver fund (G) is a Not Recommended fund. You can investEdelweiss ELSS Tax saver fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.

What is the expense ratio of the Edelweiss ELSS Tax saver fund (G)?

The expense ratio of the Edelweiss ELSS Tax saver fund (G) is 2.33% for regular plan.