Edelweiss Long Term Equity Fund (Tax Savings) - Regular Plan - Growth Option

Fund House: Edelweiss Mutual Fund
Category: Equity: ELSS
Launch Date: 30-12-2008
Asset Class: Equity
Benchmark: NIFTY 500 TRI
Expense Ratio: 2.42% As on (31-10-2022)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 210.54 Cr As on (31-10-2022)
Turn over: 46% | Exit Load: Nil

74.18

15.48%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 50 TRI
-
Gold
-
PPF
-
Returns Type:
of  
  Period:  

Start :  
Period:  

RETURNS ANALYSIS

Fund Multiplier

Time it would have taken to make your money double (2x), quadruple (4x) and quintuple (5x)

Time Taken To Multiply
2x
4x
5x
10x
FUND
1 Years 7 Months
8 Years 2 Months
9 Years 0 Months
There is no value for 10x
FD
11 years 10 Months
GOLD
8 years 9 Months
NIFTY
5 years 5 Months

 

Investment Objective

The scheme will, on the basis of overall industry and economic scenario, invest in a diversified portfolio of stocks of growth oriented companies with good track record. The scheme may endeavor to take advantage of special situations such as mergers and demerger.

Current Asset Allocation (%)

Indicators

Volatility 13.91
Sharp Ratio 0.59
Alpha -2.29
Beta 0.95
Yield to Maturity -
Average Maturity -

PEER COMPARISON

Scheme Name Inception
Date
1 Year
Return(%)
2 Year
Return(%)
3 Year
Return(%)
5 Year
Return(%)
10 Year
Return(%)
Edelweiss Long Term Equity Fund (Tax Savings) - Regular Plan - Growth Option 30-12-2008 7.91 20.33 15.77 9.48 13.35
Quant Tax Plan - Growth Option - Regular Plan 01-04-2000 17.49 43.34 38.19 22.25 20.79
HDFC Taxsaver - Growth Plan 05-03-1996 16.37 29.32 17.74 9.32 13.58
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 12.76 25.33 24.06 - -
Tata India Tax Savings Fund-Growth-Regular Plan 13-10-2014 12.34 23.27 16.78 11.45 -
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 12.06 31.01 23.61 12.7 16.83
SBI Long Term Equity Fund - Regular Plan- Growth 31-03-1993 11.83 24.76 19.46 11.15 13.93
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 11.8 27.58 15.15 4.86 13.31
Quantum Tax Saving Fund - Regular Plan Growth Option 01-04-2017 11.62 20.07 15.74 9.39 -
Franklin India Taxshield-Growth 05-04-1999 11.01 25.52 17.97 11.46 14.76

Scheme Characteristics

Minimum investment in equity & equity related instruments - 80% of total assets (in accordance with Equity Linked Saving Scheme, 2005 notified by Ministry of Finance).

Riskometer

riskometer

PORTFOLIO

Market Cap Distribution

Small Cap

6.72%

Others

4.44%

Large Cap

70.42%

Mid Cap

18.42%

Tax Benefits of investing in this fund

Long term capital gains (LTCG) tax @10% (plus surcharge, if applicable and cess) without indexation if units held for more than 12 months#

Short term capital gains (STCG) tax @ 15% (plus surcharge, if applicable and cess) if units are held for less than 12 months.

Investor does not pay any tax on dividends but a Dividend Distribution Tax (DDT) is deducted at source @11.648% (10% + 12% surcharge + 4% Health & education cess) **

# Capital gain accrued up to January 31st 2018 is exempt from LTCG tax in respect of units acquired before January 31, 2018 & redeemed on or after April 1, 2018. ** The DDT is to be paid by the mutual fund

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