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  • Edelweiss Long Term Equity fund (Growth)

Formerly Edelweiss ELSS Gr

Edelweiss Mutual Funds

Edelweiss Long Term Equity fund (Growth)

EquityTax Saving

83.47

NAV (Nov 29)

13.6%
5 Year CAGR
Scripbox Opinion
Neutral
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

Good

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

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

83.47

NAV (Nov 29)

Fund Returns

Last 1Y
13.2%
Last 3Y
17.7%
Last 5Y
13.6%
Last 10Y
13.9%
Since Inception
15.3%
6 Month CAGR
11.5%

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 (15y ago)
Dec 30, 2008
AUM in Crores
254.747
ISIN
INF754K01517
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
500
Lumpsum Min.
500
Standard Deviation (3yr)
13.8
Standard Deviation (5yr)
18.3
Beta (3yr)
0.91
Beta (5yr)
0.95
Sharpe Ratio (3yr)
0.999
Sharpe Ratio (5yr)
0.501
YTM
0
Fund Managers

Trideep Bhattacharya

Fund Manager

Ashwani Agarwalla

Fund Manager

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Edelweiss Long Term Equity fund (Growth)70%10,26,205 2,93,59313.6%
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 2023-11-29

Top Stock Holdings

hdfc bank ltd

8.2%
8.2%

icici bank ltd

7.2%
7.2%

larsen & toubro ltd

5.9%
5.9%

reliance industries ltd

4.9%
4.9%

axis bank ltd

3.8%
3.8%
See all holdings

Allocation by Sector

financial services

34.3%
34.3%

industrials

16.3%
16.3%

technology

10.4%
10.4%

consumer cyclical

9.1%
9.1%

consumer defensive

7.1%
7.1%
See all sectors

Comparison with Equity Funds

Fund NameFund SizeOutperformance Consistency
Mirae Asset Tax Saver Fund (G)
Mirae Asset Tax Saver Fund (G)

₹ 17,531 cr

₹ 11,883 cr

₹ 11,693 cr

₹ 10,182 cr

₹ 9,101 cr

About the AMC

Edelweiss Asset Management Limited

Edelweiss Asset Management Limited manages assets worth 81,423 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
022-40933400
emfhelp@edelweissfin.com
Fund NameScripbox Opinion
Till Date CAGR

4.6%

4.6%

5%

7.1%

-

4.6%

5%

7.1%

4.6%

4.6%

Edelweiss Long Term Equity fund (G) Review

Edelweiss Long Term Equity fund (G) is a Tax Saving Equity fund and has delivered an annualised return of 15.3% over a period of 14 years. The fund was previously known as Edelweiss ELSS Gr. The fund is managed by Edelweiss Asset Management Limited. The fund managers are Ashwani Agarwalla, Trideep Bhattacharya.

Nav of Edelweiss Long Term Equity fund (G) as of 11/29/2023 is ₹83.47 with the total AUM as of 12/1/2023 is ₹254.747. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss Long Term Equity fund (G) was launched on Dec 30, 2008. The category risk of the fund is Very High Risk.

The minimum SIP amount for Edelweiss Long Term Equity 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 Long Term Equity 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 IISL Nifty 500 TR INR.

Edelweiss Long Term Equity fund (G) is rated as a 2 fund in Equity and delivered 13.2% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Edelweiss Long Term Equity fund (G).

Frequently Asked Questions

What is Edelweiss Long Term Equity fund (G)?

Edelweiss Long Term Equity 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 Long Term Equity fund (G)?

You can invest in Edelweiss Long Term Equity 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 Long Term Equity fund (G)?

The minimum sip amount for Edelweiss Long Term Equity fund (G) is ₹500. You can invest in multiples of ₹500.

Is Edelweiss Long Term Equity fund (G) good to invest in?

As per Scripbox experts, Edelweiss Long Term Equity fund (G) is a Neutral fund. You can investEdelweiss Long Term Equity 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 Long Term Equity fund (G)?

The expense ratio of the Edelweiss Long Term Equity fund (G) is 2.33% for regular plan.