Formerly Edelweiss ELSS DR
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.
The performance of the fund on a Fund Size metric has been Neutral
The performance of the fund on a Outperformance Consistency metric has been Good
Investment Duration5 years
Total Corpus Created (₹)With CAGR of 11.25 % in 5 years
NAV (Jun 5)
6 Month CAGR
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.
Launched (15y ago)
Dec 30, 2008
AUM in Crores
IISL Nifty 500 TR INR
Standard Deviation (3yr)
Standard Deviation (5yr)
Sharpe Ratio (3yr)
Sharpe Ratio (5yr)
with step up of
|Edelweiss Long Term Equity fund (RIDCW-A)||9,16,767||1,84,155||9.2%|
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.
icici bank ltd9%
hdfc bank ltd6.9%
reliance industries ltd5.8%
larsen & toubro ltd5.6%
state bank of india5.1%
|Fund Name||Fund Size||Outperformance Consistency|
₹ 14,448 cr
₹ 8,056 cr
₹ 10,178 cr
₹ 8,860 cr
₹ 7,811 cr
Edelweiss Asset Management Limited
|Fund Name||Scripbox Opinion||Till Date CAGR|
Edelweiss Long Term Equity fund (RIDCW-A) is a Tax Saving Equity fund and has delivered an annualised return of 14.6% over a period of 14 years. The fund was previously known as Edelweiss ELSS DR. The fund is managed by Edelweiss Asset Management Limited. The fund managers are Ashwani Agarwalla, Trideep Bhattacharya.
Nav of Edelweiss Long Term Equity fund (RIDCW-A) as of 6/5/2023 is ₹20.75 with the total AUM as of 6/6/2023 is ₹216.711. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss Long Term Equity fund (RIDCW-A) 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 (RIDCW-A) is ₹0 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 (RIDCW-A) 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 (RIDCW-A) is rated as a 2 fund in Equity and delivered 13.5% 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 (RIDCW-A).
What is Edelweiss Long Term Equity fund (RIDCW-A)?
How to invest in Edelweiss Long Term Equity fund (RIDCW-A)?
You can invest in Edelweiss Long Term Equity fund (RIDCW-A) 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 (RIDCW-A)?
The minimum sip amount for Edelweiss Long Term Equity fund (RIDCW-A) is ₹0. You can invest in multiples of ₹500.
Is Edelweiss Long Term Equity fund (RIDCW-A) good to invest in?
As per Scripbox experts, Edelweiss Long Term Equity fund (RIDCW-A) is a Neutral fund. You can investEdelweiss Long Term Equity fund (RIDCW-A) 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 (RIDCW-A)?
The expense ratio of the Edelweiss Long Term Equity fund (RIDCW-A) is 2.33% for regular plan.