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Edelweiss Tax Advantage Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 43.965 0.65%
    (as on 14th November, 2019)
Crisil Rank

Not Ranked

Rank not available for the fund
Risk-O-Meter
Moderately High

Fund has 98.55% investment in indian stocks of which 68.15% is in large cap stocks, 15.62% is in mid cap stocks, 4.72% in small cap stocks.Fund has 0.01% investment in Debt of which , 0.01% in funds invested in very low risk securities..

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 13th November, 2019)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 06-Nov-19 9912.60 -0.87% - -0.81% 36/65
1 Month 11-Oct-19 10501.80 5.02% - 4.70% 20/64
3 Month 13-Aug-19 10951.20 9.51% - 9.35% 33/64
6 Month 13-May-19 10804.10 8.04% - 6.00% 23/63
YTD 01-Jan-19 10662.30 6.62% - 0.27% 30/63
1 Year 13-Nov-18 11078.40 10.78% 10.78% 7.63% 24/62
2 Year 13-Nov-17 10561.50 5.62% 2.77% 0.98% 25/52
3 Year 11-Nov-16 13212.80 32.13% 9.71% 10.48% 25/45
5 Year 13-Nov-14 14706.20 47.06% 8.01% 9.39% 26/33
Since Inception 01-Jan-13 22191.20 121.91% 12.31% 9.80% 28/57

SIP Returns (NAV as on 13th November, 2019)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 13-Nov-18 12000 12756.22 6.3 % 11.83 %
2 Year 13-Nov-17 24000 25045.47 4.36 % 4.15 %
3 Year 11-Nov-16 36000 39419.38 9.5 % 5.97 %
5 Year 13-Nov-14 60000 72593.48 20.99 % 7.55 %
 

Tax Treatment

Portfolio (Updated on 31st Oct,2019)

Equity Holding : 98.55% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 98.55%
No of Stocks : 35 (Category Avg - 44.45) | Large Cap Investments : 68.15%| Mid Cap Investments : 15.62% | Small Cap Investments : 4.72% | Other : 10.06%

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
Reliance Industries Ltd. Refineries/marketing 8.6 9.73% 0.73% 9.73% (Oct 2019) 6.67% (Dec 2018) 5.89 k 0.00
HDFC Bank Ltd. Banks 7.9 8.91% -0.12% 9.99% (Mar 2019) 8.91% (Oct 2019) 6.42 k 0.00
ICICI Bank Ltd. Banks 7.8 8.83% 0.43% 8.83% (Oct 2019) 5.96% (Nov 2018) 16.91 k 0.00
Housing Development Finance Corporation Ltd. Housing finance 7.6 8.58% 0.50% 9.2% (Aug 2019) 7.03% (Nov 2018) 3.57 k 0.00
Infosys Ltd. Computers - software 5 5.61% -1.08% 7.03% (Aug 2019) 4.8% (Nov 2018) 7.25 k 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 4.3 4.83% -0.08% 4.91% (Sep 2019) 4.01% (Jan 2019) 2.90 k 0.00
State Bank Of India Banks 4.2 4.73% 0.57% 5.2% (Jul 2019) 3.79% (Nov 2018) 13.41 k 0.00
Hindustan Unilever Ltd. Diversified 3.8 4.33% 0.32% 4.33% (Oct 2019) 3.24% (Mar 2019) 1.77 k 0.00
ITC Limited Cigarettes 3.6 4.06% -0.10% 4.74% (Dec 2018) 4.06% (Jun 2019) 13.96 k 0.00
Axis Bank Ltd. Banks 3.5 3.95% 0.21% 4.09% (Jun 2019) 2.95% (Nov 2018) 4.76 k 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
No of Debt Holding 1 (Category Avg - 0.16) | Modified Duration 0.00 Years (Category Avg - 1.85)| Yield to Maturity - -- (Category Avg - 0.00%)

Type of Holdings

Security Type
% Weight
Category Average
T-Bills 0.00% 0.01%
CP 0.00% 0.12%
NCD & Bonds 0.01% 0.00%

Investment / Portfolio Grades

Security Type
% Weight
Category Average
Government Backed 0.00% 0.00%
Low Risk 0.01% 0.12%
Moderate Risk 0.00% 0.00%
High Risk 0.00% 0.00%
Very High Risk 0.00% 0.00%
Others 0.00% 0.00%
Name Type of Instrument Weight (%)
TREPS TREPS 1.97%
Net Receivables Net Receivables -0.53%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 31st October, 2019)

  • Standard Deviation

    High volatility
    12.9vs10.01
    Category Avg
  • Beta

    High volatility
    0.99vs0.7
    Category Avg
  • Sharpe Ratio

    Better risk adjusted returns
    0.2vs0.14
    Category Avg
  • Treynor's Ratio

    Better risk adjusted returns
    0.03vs0.02
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    -2.33vs-1.33
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Axis Long Term Equity Fund - Direct Plan - Growth 5 21492.33 5.09 11.51 16.09 21.07 16.95
JM Tax Gain Fund - (Direct) - Growth 5 34.63 2.87 10.59 12.73 18.79 15.11
BNP Paribas Long Term Equity Fund - Direct Plan - Growth 4 477.60 4.10 8.74 11.80 17.89 11.93
Motilal Oswal Long Term Equity Fund - Direct Plan - Growth 3 1584.31 6.72 14.42 14.51 17.13 14.66
DSP Tax Saver Fund - Direct Plan - Growth 4 6102.99 4.02 9.15 10.33 17.00 11.91
LIC MF Tax Plan 1997 - Direct Plan - Growth 4 250.66 4.74 10.58 13.67 16.80 13.83
Tata India Tax Savings Fund - Direct Plan - Growth 3 2008.76 5.09 8.62 8.96 16.50 13.62
Mirae Asset Tax Saver Fund - Direct Plan - Growth 5 2670.71 7.00 9.56 11.20 16.41 17.40
BOI AXA Tax Advantage Fund - Direct Plan - Growth 3 255.19 5.01 12.33 13.84 16.15 13.31
Kotak Tax Saver Scheme - Direct Plan - Growth 4 986.69 5.36 7.91 7.63 14.75 12.05

More Funds from Edelweiss Mutual Fund

Out of 28 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 4 is/are ranked 4 * , 5 is/are ranked 3 * , 1 is/are ranked 1 * , and 16 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Edelweiss Arbitrage Fund - Direct Plan - Growth 4 3854.06 0.44 1.56 3.57 7.18 6.87
Edelweiss Liquid Fund - Direct Plan - Growth 3 2157.54 0.47 1.48 3.27 7.09 7.04
Edelweiss Balanced Advantage Fund - Direct Plan - Growth NA 1474.63 3.88 6.18 7.32 11.38 11.12
Edelweiss Mid Cap Fund - Direct Plan - Growth 3 944.61 4.01 9.59 7.43 7.58 9.51
Edelweiss Multi-Cap Fund - Direct Plan - Growth 4 491.57 3.53 7.70 6.92 11.43 13.68
Edelweiss Large and Mid Cap Fund - Direct Plan - Growth 4 480.88 4.05 9.26 9.64 13.64 12.92
Edelweiss Small Cap Fund - Direct Plan - Growth NA 424.37 3.26 8.37 3.71 0.00 0.00
Edelweiss Maiden Opportunities Fund - Series I - Direct Plan - Growth NA 338.80 4.38 12.76 14.20 16.31 0.00
Edelweiss Large Cap Fund - Direct Plan - Growth 4 172.42 4.99 8.62 9.54 15.55 14.09
Edelweiss Overnight Fund - Direct Plan - Growth NA 142.53 0.43 1.31 0.00 0.00 0.00

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