Edelweiss ELSS Tax saver Fund - Growth - Direct Plan has delivered CAGR and average rolling returns as follows :

You should look for a fund with better more consistent performance track record. Funds returns likely to be fairly different than its benchmark NIFTY 500 , as Funds portfolio is somewhat different.

The process for redemption is

• Give a request for redemption of the number of units or the amount you want. The request will be acknowledged.
• You will get information about the redemption and the NAV at which redeemed.
• The amount will be deposited in the designated bank account.

The AUM of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan is currently ₹431 Crores.

The Top three stocks are HDFC Bank, Reliance Industries and ICICI Bank and account for 17% of its portfolio. Top 5 and 10 stocks of fund account for 24% and 36% of fund’s portfolio respectively.

Top three sectors of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan fund are BFSI, IT and Construction & Infrastructure accounting for 56% of the total portfolio.

Since this is a Equity - ELSS it is comparatively safer to invest in this fund. However, since it has not consistently outperformed its benchmark index on an average 3-year rolling returns basis it is not the most suitable fund for SIP.

The category of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan Fund is Equity - ELSS.

Ashwani Agarwalla and Trideep Bhattacharya manage the Edelweiss ELSS Tax saver Fund - Growth - Direct Plan Fund.

Edelweiss ELSS Tax saver Fund - Growth - Direct Plan current PE ratio is 45.71 and PB ratio is 8.03

The asset allocation of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan is Stocks : 98.34%, Debt : 1.68% and Gold : 0%

The minimum SIP amount for Edelweiss ELSS Tax saver Fund - Growth - Direct Plan is ₹500.00 and minimum lumpsum is ₹500.00

The exit load for Edelweiss ELSS Tax saver Fund - Growth - Direct Plan is Nil