3 Year return
18.05%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Very High Risk
Asset Under Management
₹403.56 Cr.
Expense Ratio
0.7% (inclusive of GST)
Exit Load
Nil
Tax Implications
Withdrawal after 3 years:
12.5% tax on gains above ₹1.25 lakh per financial year
Fund Holdings
Edelweiss Mutual Fund Managers
AA
Ashwani Agarwalla
Fund Manager since Apr 2019
Fund House Details
Edelweiss Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
SBI Long Term Equity Fund |
26.46% |
5 |
Quant ELSS Tax Saver Fund |
24.32% |
3.5 |
Bank of India ELSS Tax Saver |
19.34% |
3 |
Schemes by Edelweiss Mutual Fund
List of mutual fund schemes by AMC
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Bharat Bond ETF FoF April 2033 Direct Plan Growth
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About Edelweiss Long Term Equity Fund (Tax Savings) Direct Plan Growth
The Edelweiss Long Term Equity Fund (Tax Savings) Direct Plan Growth is an open-ended equity linked saving scheme (ELSS) that aims to generate long-term capital appreciation by investing in a diversified portfolio of equity securities. The fund is managed by Edelweiss Mutual Fund, which is a well-established asset management company with a proven track record. The Edelweiss Long Term Equity Fund (Tax Savings) Direct Plan Growth is an open-ended fund. The expense ratio of the Edelweiss Long Term Equity Fund (Tax Savings) Direct Plan Growth is lower than the category average.
Investment Objectives of the Scheme
The investment objective of the Edelweiss Long Term Equity Fund (Tax Savings) Direct Plan Growth is to generate long-term capital appreciation by investing in a diversified portfolio of equity securities. The fund will invest at least 80% of its assets in equity securities, with a focus on large-cap, mid-cap, and small-cap stocks. The fund may also invest in other asset classes, such as debt securities and money market instruments, but these investments will be limited to 20% of the fund's assets.
Key Features of The Fund
5-year return | 21.93% |
Expense Ratio | 0.7% |
Fund Manager | Ashwani Agarwalla |
Fund Size | ₹403.56 Cr |
Risk Profile | Very High |
Is This Scheme Right for Me?
The Edelweiss Long Term Equity Fund (Tax Savings) Direct Plan Growth is suitable for investors who are looking to invest for the long term (at least 3 years) and are looking for a tax-efficient way to grow their wealth. The fund is also suitable for investors who are willing to accept the risk of volatility in the stock market in exchange for the potential for higher returns.
AMC Contact Details
Name | Edelweiss Mutual Fund |
Launch Date | 2009 |
Addresss | Edelweiss House, Off. C.S.T Road, Kalina, Mumbai - 400 098 |
Contact | 1800 425 0090 |
EMFHelp@edelweissmf.com | |
Website | https://www.edelweissmf.com/ |
Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.
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FAQs
What is today's NAV of Edelweiss ELSS Tax Saver Fund?
What is the AUM of Edelweiss ELSS Tax Saver Fund?
What is the expense ratio of Edelweiss ELSS Tax Saver Fund?
What are the returns of Edelweiss ELSS Tax Saver Fund since inception?
What is the minimum SIP amount to invest in Edelweiss ELSS Tax Saver Fund?
How do I invest in Edelweiss ELSS Tax Saver Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Edelweiss ELSS Tax Saver Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Edelweiss ELSS Tax Saver Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Edelweiss ELSS Tax Saver Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.