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Edelweiss ELSS Tax saver Fund(G)-Direct Plan

FAQ : Edelweiss ELSS Tax saver Fund - Growth - Direct Plan

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

1 Year 3 Year 5 Year 9 Year
CAGR(%) N/A 11.38 8.98 10.07
Average Rolling Returns(%) 14.71 13.17 13.43 12.64

The Current NAV of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan is ₹141.12.

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.

Edelweiss ELSS Tax saver Fund - Growth - Direct Plan fund’s expense ratio is 0.67%

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 ₹427 Crores.

The Top three stocks are ICICI Bank, Bharti Airtel and HDFC Bank and account for 14% of its portfolio. Top 5 and 10 stocks of fund account for 20% and 30% of fund’s portfolio respectively.

Top three sectors of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan fund are BFSI, IT and Auto accounting for 47% of the total portfolio.

Funds Portfolio Quality is Somewhat Good. It has a large proportion of Green and Orange Stocks.Since this is a Equity - ELSS - Tax Saver Fund 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 - Tax Saver Fund.

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 34.43 and PB ratio is 6.60

The asset allocation of Edelweiss ELSS Tax saver Fund - Growth - Direct Plan is Stocks : 95.42%, Debt : 4.54% 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