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  • Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A)

Formerly Edelweiss ELSS DR

Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A)

Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A)

EquityTax Saving

19.84

NAV (Jul 28)

10.8%
5 Year CAGR
Scripbox Opinion

Neutral

Scripbox recommends other funds for investment in tax saving.

Click here to see our recommendations.

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.

Our analysis of this fundLearn how we rate funds ->

Track Record

13 Years. The Fund has Sufficient history for analysis and the track record is good.

Relative Size

179 Cr. Small within the category

Category View

Positive. The category has a positive investment outlook

Consistency Of Performance

Relatively moderate. The historical performance of the fund has been OK

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Tax Saver Plan

Tax Saver Plan

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.

  • graph-icon-gray
    Historical growth rate of 12% per annum
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    Recommended Duration > 5 years
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    3 Years
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    Save Tax

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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.

Low

Low to Moderate

Moderate

Moderately High

High

Very High

risk-indicator-arrow.svg

Very High Risk

Expense Ratio
2.37 %
Launched (13y ago)
Dec 30, 2008
AUM in Crores
₹ 179
ISIN
INF754K01541
Lock-in
3
Benchmark
IISL Nifty 500 TR INR
SIP Minimum
₹ 0
Lumpsum Min.
₹ 500
Fund Managers
user-avatar

Harsh Kothari

Fund Manager

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Pratik Dharmshi

Fund Manager

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Returns Calculator Comparison

of

for

with step up of

InstrumentReturnsTotal CorpusGainsAnnualised %
Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
EPF70% ₹ 900,761 ₹ 168,1498.50%
Property70% ₹ 867,662 ₹ 135,0507.00%
PPF70% ₹ 869,819 ₹ 137,2077.10%
Bank FD70% ₹ 846,471 ₹ 113,8596.00%
Gold70% ₹ 846,471 ₹ 113,8596.00%
Savings Bank70% ₹ 825,950 ₹ 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.

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Tax Saver Plan

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.

  • Inflation beating returns
    Inflation beating returns
  • Save Tax
    Save Tax
  • One click investing  tracking
    One click investing tracking
comparison

Comparison with Equity Funds

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UTI Nifty Index Fund (G)

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HDFC Index Nifty 50 fund (G)

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Kotak Bluechip fund (G)

Kotak Bluechip fund (G)

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Track Record

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About the AMC

Edelweiss Asset Management Limited

Edelweiss Asset Management Limited manages assets worth 30,589 crores and was set up on 23 August 2007. It's current offering of mutual fund schemes includes 29 equity,92 debt and 24 hybrid funds.

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  • tel-amc-about
    022-40933400
  • mail-amc-about
    emfhelp@edelweissfin.com
  • Edelweiss Mid Cap Fund (G)

    Edelweiss Mid Cap Fund (G)

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    ₹ 1,486 Cr

    Fund Size

    17.60%

    5 Year CAGR

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    Edelweiss Liquid Fund Retail (G)

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    Edelweiss Flexi Cap Fund (G)

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    ₹ 760 Cr

    Fund Size

    15.00%

    5 Year CAGR

    5 Y CAGR

    Edelweiss Large Cap Fund C (G)

    Edelweiss Large Cap Fund C (G)

    Large Cap

    Top Ranked

    ₹ 257 Cr

    Fund Size

    13.20%

    5 Year CAGR

    5 Y CAGR

    Edelweiss Money Market Fund Institutional (G)

    Edelweiss Money Market Fund Institutional (G)

    Money Market

    Top Ranked

    ₹ 315 Cr

    Fund Size

    8.40%

    3 Year CAGR

    3 Y CAGR

    growth

    Tax Saver Plan

    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.

    • graph-icon-gray
      Historical growth rate of 12% per annum
    • graph-icon-gray
      Recommended Duration > 5 years
    • graph-icon-gray
      3 Years
    • graph-icon-gray
      Save Tax
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Mirae Asset Tax Saver Fund (Growth)

    Mirae Asset Tax Saver Fund (Growth)

    Equity

    Tax Saving

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    Canara Robeco Equity Taxsaver fund (Growth)

    Equity

    Tax Saving

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    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A)

    About Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A)

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) is a tax saving equity fund and has delivered an annualised return of 15.7% 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

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) 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. However, there is no assurance that the objective of the scheme will be realized.

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) NAV,AUM,Risk

    The Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) fund was launched on Dec 30, 2008. The NAV (Net Asset Value) of this tax saving equity as of 2021-07-28 is ₹ 19.84. The total AUM (Asset Under Management) of the fund as of 2021-07-29 is ₹ 178.513. The category risk of the Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) fund is Very High Risk. The fund charges 2.37 % as expense ratio.

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) Holdings

    The fund’s highest allocation is towards equity and has invested 98.6% in this asset class. The top three holdings of the fund are infosys ltd,icici bank ltd and hdfc bank ltd

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) SIP

    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.

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) Investment volatility and Horizon

    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 of Income Distribution cum capital withdrawal fund (RIDCW-A) Review

    Edelweiss Long Term Equity of Income Distribution cum capital withdrawal fund (RIDCW-A) has a score of 3 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 of Income Distribution cum capital withdrawal fund (RIDCW-A) has a score of 2 out of 5. Scipbox has rated this fund 3 out of 5 based on consistency of performance over various years / tenures.

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