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: 2.38% As on (31-03-2021)
Status: Open Ended Schemes
Minimum Investment: 500.0
Minimum Topup: 500.0
Total Assets: 164.6 Cr As on (31-03-2021)
Turn over: 56% | Exit Load: Nil

59.74

15.55%

PERFORMANCE

Returns Type:
of  
Start :  
End : 
Period:  
This Scheme
-
vs
NIFTY 500 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 0.45
Alpha -4.99
Beta 0.97
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 58.55 15.31 8.38 11.69 12.23
quant Tax Plan - Growth Option - Regular Plan 01-04-2000 130.35 43.68 26.71 23.32 15.13
IDFC Tax Advantage (ELSS) Fund - Regular Plan - Growth 26-12-2008 91.06 20.84 10.26 16.11 15.22
Mirae Asset Tax Saver Fund-Regular Plan-Growth 05-12-2015 77.24 24.17 16.6 21.17 -
Franklin India Taxshield-Growth 05-04-1999 75.0 14.12 8.88 11.29 13.28
Parag Parikh Tax Saver Fund- Regular Growth 08-07-2019 72.31 - - - -
Nippon India Tax Saver (ELSS) Fund-Growth Plan-Growth Option 05-09-2005 71.6 9.86 2.93 8.14 11.83
JM Tax Gain Fund (Regular) - Growth option 31-03-2008 71.46 19.59 12.17 16.23 13.41
DSP Tax Saver Fund - Regular Plan - Growth 05-01-2007 71.1 21.23 13.98 16.41 15.15
Quantum Tax Saving Fund - Regular Plan Growth Option 01-04-2017 69.99 12.65 8.84 - -

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

14.54%

Others

3.91%

Large Cap

65.12%

Mid Cap

16.43%

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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