Edelweiss ELSS Tax saver Fund Direct Growth

Edelweiss ELSS Tax saver Fund Direct Growth

Equity

Edelweiss Mutual Fund

Elss (Tax Savings)

Get the latest NAV of Edelweiss ELSS Tax saver Fund Direct Growth. View historical returns compared to its benchmark and category average. Know which stocks and sectors the fund is investing in. Get an estimate of returns from the SIP and lump sum returns calculator. View detailed holding analysis and peer comparison. Get INDmoney ranking of the fund.

₹125.33

▲0.6%1D

NAV as on 14 May 2025

15.36%/per year

Since Inception

Absolute Gain%

▲▼

140 people have invested ₹ 8.1L in Edelweiss ELSS Tax saver Fund Direct Growth in the last three months

Edelweiss ELSS Tax saver Fund Performance vs. Nifty 500

Fund returns vs Benchmark returns vs Category Average returns as on (14-May-25)

The fund has consistently outperformed the benchmark (Nifty 500) over the last 1Y, 3Y, 5Y time periods.

Period
This Fund
Nifty 500
Category Avg
1 Month
8.82%
8.42%
7.25%
3 Months
8.52%
9.05%
5.65%
6 Months
1.38%
2.44%
0.18%
1 Year
12.4%
8.78%
9.49%
3 Years
21.26%
18.65%
20.27%
5 Years
25.23%
24.52%
24.54%

Edelweiss ELSS Tax saver Fund Ranking and Peer Comparison

Ranked based on performance, risk management and cost efficiency

12
/23
48% Performance
43% Risk Management
70% Cost

Ranked 12 out of 23 mutual funds in the elss (tax savings) category as per INDmoney.

Fund Name
INDmoney Rank
AUM (in Crs.)
Expense Ratio
1Y Returns
3Y Returns
Inception Returns
Edelweiss ELSS Tax saver Fund
12/23
395Cr
0.7%
12.4%
21.26%
15.36%
SBI Long Term Equity Fund Direct Growth
3/23
28,506Cr
0.94%
11.35%
29.14%
16.76%
DSP ELSS Tax Saver Fund Direct Growth
4/23
16,638Cr
0.72%
17.2%
24.39%
18.23%
Mirae Asset ELSS Tax Saver Fund Direct Growth
7/23
24,774Cr
0.6%
12.43%
20.22%
19.46%
See all
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Beats FD returns for both 3Y & 5Y
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No bad points found for this fund.

Edelweiss ELSS Tax saver Fund Returns Calculator

Calculate SIP and lumpsum returns based on historical performance

  • 1-time

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Total Investment

0

Profit

Total Corpus

0

Absolute Return
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Edelweiss ELSS Tax saver Fund Asset Allocation

See fund asset allocation details as on (13-May-25)

Fund Distribution

as on (13-May-25)

Equity 97.1%

Debt & Cash 2.9%

Large cap
66.8%
Mid cap
18.2%
Small cap
12%

Edelweiss ELSS Tax saver Fund Sector Allocation

See fund sector allocation details as on (13-May-25)

Sector Allocation

Equity 97.1%

Debt & Cash 2.9%

Financial Services
33.1%
Industrial
14.3%
Tech
11.1%
Consumer Cyclical
11.1%
Health
7.9%
Consumer Defensive
6%
Energy
5.7%
Basic Materials
4.4%
Communication
2.6%
Utilities
2.3%
Real Estate
1.6%

Top 3 Sectors in April were Financial Services, Tech & Industrial

Apr'25

Financial Services

38%

Tech

11%

Industrial

10%

Mar'25

Financial Services

38%

Tech

11%

Industrial

10%

Edelweiss ELSS Tax saver Fund Holdings Details

as on (30-Apr-25)

Equity

Debt & Cash

Holdings
Weight%
1M Change
HDFC Bank Ltd
6.91%
0%
ICICI Bank Ltd
5.73%
0%
Reliance Industries Ltd
4.62%
0%
Bharti Airtel Ltd
3.31%
0%
Larsen & Toubro Ltd
3.04%
0%
See all
Top Stocks bought last month
Lupin Ltd's allocation increased from 0.46% to 0.93%
Lupin Ltd's allocation increased from 0.46% to 0.93%
Jindal Steel & Power Ltd's allocation increased from 0.48% to 0.85%
Jindal Steel & Power Ltd's allocation increased from 0.48% to 0.85%
Power Mech Projects Ltd's allocation increased from 0.63% to 0.87%
Power Mech Projects Ltd's allocation increased from 0.63% to 0.87%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.14 % to 6.91 %
HDFC Bank Ltd's allocation decreased from 7.14 % to 6.91 %
Reliance Industries Ltd's allocation decreased from 4.74 % to 4.62 %
Reliance Industries Ltd's allocation decreased from 4.74 % to 4.62 %
Infosys Ltd's allocation decreased from 3.24 % to 2.77 %
Infosys Ltd's allocation decreased from 3.24 % to 2.77 %

Edelweiss ELSS Tax saver Fund Direct Growth Overview

Get key fund statistics, minimum investment details, AUM, expense ratio, exit load, and tax treatment.

Expense ratio0.7%
Benchmark
Nifty 500 TR INR
AUM₹395 Cr
Inception Date24 January, 2013
Min Lumpsum/SIP₹500/₹500
Exit Load0%
Lock In3 Years
TurnOver
30.28%
STCGSelling mutual fund before 1 year, returns taxed at 20%.
LTCGAfter 1 year, 12.5% tax on returns over ₹1.25 lakh/year.
Risk
Risk meter
pointer
Very High Risk

About Edelweiss ELSS Tax saver Fund

Edelweiss ELSS Tax saver Fund Direct Growth is an equity fund. This fund was started on 24 January, 2013. The fund is managed by Ashwani Agarwalla. The fund could potentially beat inflation in the long-run.

Key Parameters

  1. Edelweiss ELSS Tax saver Fund Direct Growth has ₹395 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
  2. The fund has an expense ratio 0.7.

Returns

Edelweiss ELSS Tax saver Fund Direct Growth has given a CAGR return of 15.36% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 12.40%, 21.26% and 25.23% respectively.

Holdings

Edelweiss ELSS Tax saver Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Tech, Industrial, Corporate, Consumer Cyclical, Health, Energy, Basic Materials, Consumer Defensive, Communication, Utilities, Government, Real Estate. Its top holdings are HDFC Bank Ltd, ICICI Bank Ltd, Reliance Industries Ltd, Bharti Airtel Ltd, Larsen & Toubro Ltd

Taxation

As it is a elss (tax savings) mutual fund the taxation is as follows:
For short term (less than a year) capital gains will be taxed at 20%
For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefit
Dividends will always be taxed at slab rate. Long term gains upto Rs 1 lakh are exempt capital gains tax.

Investment objective of Edelweiss ELSS Tax saver Fund Direct Growth

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. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 500.00 and for SIP is INR 500.00. There is a lock in period for Edelweiss ELSS Tax saver Fund Direct Growth of 3 Years

Fund Manager

Ashwani Agarwalla

Fund Manager of Edelweiss ELSS Tax saver Fund Direct Growth, since 1 August 2023

Learn more about Edelweiss Mutual Fund
Parameters
Apr'25
Mar'25
Feb'25
AUM
₹ 395.3 Cr
₹ 384.3 Cr
₹ 352.3 Cr
  • AUM of the fund stands at 395.3 Cr as of Apr'25
  • AUM increased by 11 Cr between Apr'25 and Mar'25

Compare Edelweiss ELSS Tax saver Fund

Edelweiss ELSS Tax saver Fund

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Axis ELSS Tax Saver Fund Direct Growth

Frequently Asked Questions for Edelweiss ELSS Tax saver Fund Direct Growth

What is the current NAV of Edelweiss ELSS Tax saver Fund Direct Growth?

The current NAV of Edelweiss ELSS Tax saver Fund Direct Growth is ₹125.33 as on 14-May-2025.

What are the average returns of Edelweiss ELSS Tax saver Fund Direct Growth?

Existing (Absolute + CAGR) as on 14-May-2025.
Edelweiss ELSS Tax saver Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
8.82%
8.82%
6 Month Returns
1.38%
1.38%
1 Year Returns
12.4%
12.4%
3 Years Returns
78.3%
21.26%

How do I invest in Edelweiss ELSS Tax saver Fund Direct Growth?

With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.

What is the expense ratio of Edelweiss ELSS Tax saver Fund Direct Growth?

0.7% as on April 2025

What is net assets under management (AUM) of Edelweiss ELSS Tax saver Fund Direct Growth?

₹395 Cr as on April 2025

What are the top 5 holdings of Edelweiss ELSS Tax saver Fund Direct Growth?

HDFC Bank Ltd(6.91%), ICICI Bank Ltd(5.73%), Reliance Industries Ltd(4.62%), Bharti Airtel Ltd(3.31%), Larsen & Toubro Ltd(3.04%) as on April 2025

What are the top 3 sectors that this Edelweiss ELSS Tax saver Fund Direct Growth has invested in?

Financial Services(36.47%), Tech(10.44%), Industrial(9.71%) as on April 2025

What is the alpha of Edelweiss ELSS Tax saver Fund Direct Growth?

The alpha ratio for the Edelweiss ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name
Alpha 1 Year
Alpha 3 Years
Alpha 5 Years
Edelweiss ELSS Tax saver Fund Direct Growth
2.19
1.81
0.53
As on April 2025
The alpha for Edelweiss ELSS Tax saver Fund Direct Growth is calculated against Nifty 500 TR INR. Higher alpha indicates that this fund has generated extra returns compared to the benchmark index. An alpha of 1.0 means the fund has outperformed its benchmark index by 1%.

What is the beta of Edelweiss ELSS Tax saver Fund Direct Growth??

The Beta ratio for the Edelweiss ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name
Beta 1 Year
Beta 3 Years
Beta 5 Years
Edelweiss ELSS Tax saver Fund Direct Growth
1.02
0.94
0.94
As on April 2025
The Beta for Edelweiss ELSS Tax saver Fund Direct Growth is calculated with Nifty 500 TR INR. Beta tells the volatility of the mutual fund relative to its benchmark. If the beta of a mutual fund is more than 1, then the mutual fund is more volatile than its benchmark. If beta is less than 1, then the mutual fund is less volatile than the benchmark.

What is the sharpe ratio of Edelweiss ELSS Tax saver Fund Direct Growth?

The sharpe ratio for the Edelweiss ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name
Sharpe Ratio 1 Year
Sharpe Ratio 3 Years
Sharpe Ratio 5 Years
Edelweiss ELSS Tax saver Fund Direct Growth
0.15
0.72
1.16
As on April 2025
The sharpe ratio for Edelweiss ELSS Tax saver Fund Direct Growth is calculated with Nifty 500 TR INR. Sharpe ratio tells risk-adjusted-returns of the mutual fund. The higher a fund's Sharpe ratio, the better a fund's returns have been relative to the risk it has taken on.

What is the standard deviation of Edelweiss ELSS Tax saver Fund Direct Growth?

The standard deviation for the Edelweiss ELSS Tax saver Fund Direct Growth for various period is as follows:
Fund Name
Standard Deviation 1 Year
Standard Deviation 3 Years
Standard Deviation 5 Years
Edelweiss ELSS Tax saver Fund Direct Growth
17.22
14.23
14.24
As on April 2025
Standard deviation tells the volatility of the returns of the mutual fund. The higher a fund's Standard deviation, the higher the volatility of the fund's returns.

What is the Sortino ratio of Edelweiss ELSS Tax saver Fund Direct Growth?

Sortino ratio is 1.18 as on April 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.

What is the information ratio of Edelweiss ELSS Tax saver Fund Direct Growth?

Information ratio is 0.51 as on April 2025. It tells the consistency of the fund in generating superior risk-adjusted performance

Who is the manager of Edelweiss ELSS Tax saver Fund Direct Growth?

Ashwani Agarwalla is the fund manager of Edelweiss ELSS Tax saver Fund Direct Growth

What is the exit load of Edelweiss ELSS Tax saver Fund Direct Growth?

The Exit load of Edelweiss ELSS Tax saver Fund Direct Growth is 0%