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Edelweiss Long Term Equity Fund (Tax Savings) - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 47.74 -0.25%
    (as on 05th December, 2019)
Crisil Rank
Average performance among peers
Risk-O-Meter
Moderately High
(Min ₹500 for SIP, ₹500 for one time investment)

Fund has 97.32% investment in indian stocks of which 59.94% is in large cap stocks, 14.66% is in mid cap stocks, 12.73% in small cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 05th December, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 28-Nov-19 9914.80 -0.85% - -0.72% 31/67
1 Month 05-Nov-19 10012.60 0.13% - 0.18% 38/67
3 Month 05-Sep-19 10954.60 9.55% - 10.40% 49/66
6 Month 04-Jun-19 9935.50 -0.65% - -1.29% 38/65
YTD 01-Jan-19 10761.90 7.62% - 0.93% 32/65
1 Year 05-Dec-18 10899.50 9.00% 9.00% 7.29% 31/64
2 Year 05-Dec-17 10235.80 2.36% 1.17% 0.35% 31/54
3 Year 05-Dec-16 13391.30 33.91% 10.22% 10.80% 30/47
5 Year 05-Dec-14 14149.40 41.49% 7.18% 8.01% 25/34
10 Year 04-Dec-09 27788.10 177.88% 10.75% 10.83% 15/28
Since Inception 30-Dec-08 47740.00 377.40% 15.36% 9.79% 17/62

SIP Returns (NAV as on 05th December, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 05-Dec-18 12000 12687.33 5.73 % 10.76 %
2 Year 05-Dec-17 24000 25120.66 4.67 % 4.45 %
3 Year 05-Dec-16 36000 39000.35 8.33 % 5.26 %
5 Year 05-Dec-14 60000 71154.39 18.59 % 6.75 %
10 Year 04-Dec-09 120000 211763.39 76.47 % 10.94 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2019)

Portfolio Turnover Ratio : 70.00%  |   Category average turnover ratio is 90.18%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.32% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.32%
No of Stocks : 56 (Category Avg - 44.51) | Large Cap Investments : 59.94%| Mid Cap Investments : 14.66% | Small Cap Investments : 12.73% | Other : 9.99%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
HDFC Bank Ltd. Banks 98.3 8.86% -0.33% 9.27% (Nov 2018) 8.31% (Mar 2019) 79.87 k 0.00
ICICI Bank Ltd. Banks 83.3 7.50% 0.19% 7.5% (Oct 2019) 4.13% (Feb 2019) 1.80 L 0.00
Reliance Industries Ltd. Refineries/marketing 53.3 4.80% 1.36% 5.94% (Apr 2019) 3.23% (Jul 2019) 36.40 k 8.83 k
Axis Bank Ltd. Banks 44.3 3.99% 0.13% 4.15% (May 2019) 2.99% (Dec 2018) 60.15 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 41.8 3.77% -0.15% 4.99% (Jul 2019) 2.8% (Mar 2019) 28.39 k 0.00
Housing Development Finance Corporation Ltd. Housing finance 37.4 3.37% 0.12% 5.1% (Nov 2018) 3.25% (Sep 2019) 17.54 k 0.00
Infosys Ltd. Computers - software 37.1 3.34% -1.09% 5.56% (Jan 2019) 3.34% (Oct 2019) 54.09 k -4.57 k
Tata Consultancy Services Ltd. Computers - software 36.9 3.33% 0.13% 3.33% (Oct 2019) 2.21% (Jan 2019) 16.26 k 0.00
Hindustan Unilever Ltd. Diversified 34.8 3.14% 0.17% 3.14% (Oct 2019) 0% (Nov 2018) 16.00 k 0.00
Bajaj Finance Ltd. Nbfc 31.4 2.83% -0.13% 2.96% (Sep 2019) 1.56% (Nov 2018) 7.80 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 3.06%
Net Receivables Net Receivables -0.38%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 29th November, 2019)

  • Standard Deviation

    High volatility
    11.94vs9.69
    Category Avg
  • Beta

    High volatility
    0.92vs0.7
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.39vs0.26
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.05vs0.03
    Category Avg
  • Jension's Alpha

    Better risk adjusted returns
    -1.36vs-1.49
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
DSP Tax Saver Fund - Regular Plan - Growth 4 6102.99 0.11 10.97 2.97 15.30 12.29
BNP Paribas Long Term Equity Fund - Growth 4 477.60 0.95 10.65 3.00 15.14 12.67
Tata India Tax Savings Fund - Regular Plan - Growth 3 2008.76 1.32 11.28 1.59 15.07 14.37
Mirae Asset Tax Saver Fund - Regular Plan - Growth 5 2670.71 1.65 11.83 3.48 14.88 17.70
Axis Long Term Equity Fund - Growth 5 21492.33 -1.38 10.85 3.83 14.82 16.24
BOI AXA Tax Advantage Fund - Regular Plan - Growth 3 255.19 0.89 12.84 4.28 14.53 13.30
JM Tax Gain Fund - Growth 5 34.63 -2.08 10.35 2.05 13.61 14.66
LIC MF Tax Plan 1997 - Growth 4 250.66 0.99 11.09 5.40 13.26 14.01
Motilal Oswal Long Term Equity Fund - Growth 3 1584.31 1.40 14.02 6.00 12.83 13.36
Kotak Tax Saver Scheme - Growth 4 986.69 1.84 11.77 0.43 12.26 12.60

More Funds from Edelweiss Mutual Fund

Out of 29 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 3 is/are ranked 4 * , 6 is/are ranked 3 * , 2 is/are ranked 2 * , 1 is/are ranked 1 * , and 15 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Edelweiss Arbitrage Fund - Growth 3 3854.06 0.40 1.41 3.07 6.32 6.15
Edelweiss Liquid Fund - Super Institutional Plan - Growth 3 2157.54 0.43 1.37 3.01 6.78 6.90
Edelweiss Balanced Advantage Fund - Growth 2 1474.63 -0.41 6.25 1.24 7.89 10.31
Edelweiss Mid Cap Fund - Regular Plan - Growth 3 944.61 0.75 9.87 -1.98 6.29 9.62
Edelweiss Multi-Cap Fund - Regular Plan - Growth 4 491.57 0.79 9.32 -1.59 8.48 14.15
Edelweiss Large and Mid Cap Fund - Regular Plan - Growth 4 480.88 0.98 10.97 1.34 10.56 13.40
Edelweiss Small Cap Fund - Regular Plan - Growth NA 424.37 -0.70 7.64 -5.69 0.00 0.00
Edelweiss Maiden Opportunities Fund - Series I - Growth NA 338.80 0.85 10.33 4.79 15.22 0.00
Edelweiss Large Cap Fund - Growth 4 172.42 -0.08 8.99 0.92 11.28 14.10
Edelweiss Overnight Fund - Regular Plan - Growth NA 142.53 0.40 1.26 0.00 0.00 0.00

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