e.g. Tata motors, Reliance MF, 500570

Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment

Equity Tax Planning Very High

NAV on (13 Jun 2017 )

₹17.33

(0.00%)

Fund Size

₹455.06 Crores

1Y Returns

20.35 %

 
Earn 1% Higher Returns in Direct Funds on dhan Invest  Top Funds
Disclaimer: Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.

 

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.

AMC

Edelweiss Asset Management Ltd.

Fund Details

Launch Date

December 26, 2008

Fund Manager

Mr. Trideep Bhattacharya

Initial Price

10

AUM Fund

455.06 Cr

Min investment

Rs 500

Expense Ratio

2.52%

SIP Minimum Investment

Daily - Rs. 500/- and in multiples of Rs. 500/- thereafter. Minimum 15 Installments.Weekly - Rs. 500/- and in multiples of Rs. 500/- thereafter. Minimum 12 Installments.Fortnightly - Rs. 500/- and in multiples of Rs. 500/- thereafter. Minimum 12 Installments.Monthly - Rs. 500/- and in multiples of Rs. 500/- thereafter. Minimum 12 Installments.Quarterly - Rs. 500/- and in multiples of Rs. 500/- thereafter. Minimum 6 Installments.

Exit Load

Nil

1 Month

-0.12%

6 Months

+16.47%

1 Year

+20.35%

2 Years (CAGR)

+2.73%

3 Years (CAGR)

+6.47%

5 Years (CAGR)

+8.49%

Equity / Mid Cap funds 1Y 3Y Fund Size (Cr)
20.35% 20.68% ₹455.06
17.15% 55.58% ₹49.5
17.15% 55.58% ₹49.5
16.79% 54.07% ₹49.5
16.79% 54.07% ₹49.5

Holdings

BSE Ltd. 2.15%
NTPC Ltd. 1.86%
Trent Ltd. 1.51%
Infosys Ltd. 1.37%
Clearing Corporation of India Ltd. 1.31%
Coforge Ltd. 0.89%
CEAT Ltd. 0.72%
Mphasis Ltd. 0.62%
Indian Bank 0.53%
ITC Ltd. 0.53%
Eternal Ltd. 0.52%
Meesho Ltd. 0.47%
Canara Bank 0.28%
Net Receivables/(Payables) 0.16%
Accrued Interest 0.00%
Swiggy Ltd. 0.00%

Sector Allocation

Banks 18.35%
Miscellaneous 11.27%
Telecommunications 3.64%
Power 4.91%
Electronics 1.87%
Auto Ancillaries 4.46%
Service 3.30%
Finance 10.15%
Pharmaceuticals and health care 7.23%
Auto 3.85%
Textiles 1.87%
Information Technology 9.96%
Cement 1.13%
Engineering 2.64%
Food Processing 1.05%
Iron and Steel 2.07%
Consumer Durables 2.29%
Chemicals 1.40%
Cables 0.75%
Personal Care 0.73%
Tyres 0.72%
Petroleum 1.10%
Tea / Coffee 0.61%
Beverages - Alcoholic 0.58%
Tobacco 0.53%
Metals - Non Ferrous 0.49%
Electric Equipment 0.44%
Agriculture/Horticulture/Lives 0.43%
Construction 0.39%
Petrochemicals 0.32%
Address
Edelweiss House,Off. C.S.T Road, Kalina, Mumbai Maharashtra India 400098
Phone
+91 22 40979737
Fax
+91 22 40979878
Launch Date
December 26, 2008
Custodian
Standard Chartered Bank, HDFC Bank ,ICICI Bank Ltd
Registrar & Transfer Agent
KFIN Technologies Pvt. Ltd.

Frequently Asked Questions

Q: What is the current NAV of Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment?

A: The latest NAV of Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment is ₹ 17.33 as on 13 Jun 2017.

Q: What type of mutual fund is Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment?

A: Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment is a 'Equity - Tax Planning' type mutual fund managed by 'Edelweiss Asset Management Ltd.'.

Q: What is the expense ratio of Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment?

A: The expense ratio of Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment is 2.52%, which impacts overall returns.

Q: Who manages Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment?

A: Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment is managed by Mr. Trideep Bhattacharya, who oversees investment strategy and portfolio decisions.

Q: Is Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment a good investment?

A: Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment may be suitable depending on your financial goals, risk appetite, and investment horizon. Always evaluate fund performance and consult a financial advisor.

Q: What is the exit load of Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment?

A: The exit load of Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment is Nil, applicable if redeemed within the specified period.

Q: How is Edelweiss ELSS Tax Saver Fund - IDCW-Reinvestment taxed?

A: Taxation depends on the fund type (equity/debt) and holding period as per Indian tax laws.

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