- Mutual Funds
- Edelweiss Mutual Funds
- Edelweiss Long Term Equity fund (RIDCW-A)
Formerly Edelweiss ELSS DR
Edelweiss Long Term Equity fund (RIDCW-A)
₹ 20.75
NAV (Jun 05)
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.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 20.75
NAV (Jun 5)
Fund Returns
Last 1Y | 13.5% |
Last 3Y | 23.5% |
Last 5Y | 9.2% |
Last 10Y | 12.5% |
Since Inception | 14.6% |
6 Month CAGR | 1.2% |
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.
Expense Ratio | 2.33 |
Launched (15y ago) | Dec 30, 2008 |
AUM in Crores | 216.711 |
ISIN | INF754K01541 |
Lock-in | 3 |
Benchmark | IISL Nifty 500 TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 500 |
Standard Deviation (3yr) | 14 |
Standard Deviation (5yr) | 18.9 |
Beta (3yr) | 0.9 |
Beta (5yr) | 0.95 |
Sharpe Ratio (3yr) | 1.333 |
Sharpe Ratio (5yr) | 0.286 |
YTM | 0 |
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Edelweiss Long Term Equity fund (RIDCW-A) | 9,16,767 | 1,84,155 | 9.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 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.
Asset allocation and Holdings
Top Stock Holdings
icici bank ltd
9%hdfc bank ltd
6.9%reliance industries ltd
5.8%larsen & toubro ltd
5.6%state bank of india
5.1%Allocation by Sector
financial services
33.1%industrials
18.2%technology
9.3%consumer defensive
7%consumer cyclical
6.8%Comparison with Equity Funds
| Fund Name | Fund Size | Outperformance Consistency |
|---|---|---|
₹ 14,448 cr | ||
₹ 8,056 cr | ||
₹ 10,178 cr | ||
₹ 8,860 cr | ||
₹ 7,811 cr |
About the AMC
Edelweiss Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
- | 4.9% | ||
6.5% | 7.5% | ||
- | 5.3% | ||
6.5% | 7.5% | ||
- | 4.9% |
Edelweiss Long Term Equity fund (RIDCW-A) Review
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).
Frequently Asked Questions
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.