Edelweiss ELSS Tax saver Fund Direct Growth
NAV as on 29-04-2025
₹ 123.05
1D
Inception Returns
15.1%
/yr
Historical NAV & Returns
Absolute
▲
▼
159 people have invested ₹ 10.3L in Edelweiss ELSS Tax saver Fund Direct Growth in the last three months
About Edelweiss ELSS Tax saver Fund Direct Growth
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
- Edelweiss ELSS Tax saver Fund Direct Growth has ₹384 Cr worth of assets under management (AUM) as on Mar 2025 and is less than category average.
- The fund has an expense ratio 0.7.
Returns
Edelweiss ELSS Tax saver Fund Direct Growth has given a CAGR return of 15.14% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.26%, 16.70% and 24.36% 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 benefitDividends 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
Edelweiss ELSS Tax saver Fund Direct Growth Overview
| Expense ratio | 0.7% |
Benchmark | Nifty 500 TR INR |
| AUM | ₹384 Cr |
| Inception Date | 24 January, 2013 |
| Min Lumpsum/SIP | ₹500/₹500 |
| Exit Load | 0% |
| Lock In | 3 Years |
TurnOver | 30.28% |
| STCG | Selling mutual fund before 1 year, returns taxed at 20%. |
| LTCG | After 1 year, 12.5% tax on returns over ₹1.25 lakh/year. |
| Risk |   Very High Risk |
INDmoney Rank for Edelweiss ELSS Tax saver Fund Direct Growth
Powered by IND quant engine
15
/23
43% Performance
42% Risk Management
56% Cost
15 out of 23 among elss (tax savings)
Beats FD returns for both 3Y & 5Y
No bad points found for this fund.
Trailing Returns
as on (29-Apr-25)
Fund Distribution
as on (31-Mar-25)
Large cap
66.8%
Mid cap
18.2%
Small cap
12%
Sector Allocation
Financial Services
37.6%
Tech
10.8%
Industrial
10%
Consumer Cyclical
9%
Health
8%
Energy
6.5%
Basic Materials
6.1%
Consumer Defensive
4.6%
Communication
3.4%
Utilities
2.6%
Real Estate
1.4%
All changes are between Jan'25 and Mar'25
- This fund’s returns stands at 7.64% whereas the fund’s underlying benchmark Nifty 500 returns stands at 7.25% as on Mar'25
- This fund outperformed Nifty 500 by 0.39% in Mar'25
- AUM of the fund stands at 384.3 Cr as of Mar'25
- AUM increased by 32 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Lupin Ltd's allocation increased from 0.46% to 0.93%
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%
Top Stocks sold last month
HDFC Bank Ltd's allocation decreased from 7.14 % to 6.91 %
Reliance Industries Ltd's allocation decreased from 4.74 % to 4.62 %
Infosys Ltd's allocation decreased from 3.24 % to 2.77 %
Small Cap allocation has gone down from 12.4% to 12%
Mid Cap allocation has gone down from 18.7% to 18.2%
Large Cap allocation has gone up from 65.7% to 66.8%
Cash allocation has gone down from 3.1% to 2.9%
Top 3 Sectors in March were Financial Services, Tech & Industrial
Mar'25
Financial Services
38%
Tech
11%
Industrial
10%
Feb'25
Financial Services
37%
Tech
12%
Industrial
11%
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
Funds | 1Y Returns | 3Y Returns | 5Y Returns | Since Inception |
|---|---|---|---|---|
Edelweiss ELSS Tax saver Fund Direct Growth | 8.26% | 16.7% | 24.36% | 15.14% |
 DSP ELSS Tax Saver Fund Direct Plan Growth | 18.69% | 20.61% | 28.67% | 18.31% |
 Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth | 11.13% | 25.11% | 28.75% | 18.01% |
 Mirae Asset ELSS Tax Saver Fund -Direct Plan-Growth | 10.81% | 15.9% | 26.57% | 19.39% |
See all
Top Growth Drivers | 1M Return |
|---|---|
 BSE Ltd | 20.1% |
 HDFC Bank Ltd | 8.6% |
 ICICI Bank Ltd | 8.4% |
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Ashwani Agarwalla
Fund Manager of Edelweiss ELSS Tax saver Fund Direct Growth, since 1 August 2023
Top funds managed
Fund House
Edelweiss Asset Management Limited
Total Schemes
Total AUM
₹1.01L Cr
as on 31-Mar-2025
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com
Mutual Fund Insights
In the last 5 years, Quant ELSS Tax Saver Growth Option Direct Plan has given 36.89% return, outperforming this fund by 12.54% per annum.
In the last 3 years, SBI Long Term Equity Fund Direct Growth has given 25.04% return, outperforming this fund by 8.34% per annum.
Over the last 1 month, this fund has experienced a 9.1% growth in AUM moving from 352.27 Cr to 384.29 Cr.
This fund has one of the lowest expense ratio in the category (elss (tax savings)). Its expense ratio is 0.7% which is lower than the category average expense ratio of 1.29%.
In the last 1 year, DSP ELSS Tax Saver Fund Direct Plan Growth has given 14.89% return, outperforming this fund by 6.63%.
Over the last 1 month, this fund has decreased expense ratio by 10.3% moving from 0.78 to 0.70.
Edelweiss ELSS Tax saver Fund Direct Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 15.14% since inception which is more than its category average return of 14.89%
Fund Allocations
This fund has an allocation of 97.13% in Equity, 0% in Debt and 2.87% in Cash related instruments
AUM size ₹384 Cr
This fund has AUM of ₹384 Cr which is less than its category average of ₹ 4910 Cr
Expense Ratio 0.7%
This fund has an expense ratio of 0.7% which is less than its category average expense ratio of 1.4%
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5Y CAGR
▲ 34.88
5Y CAGR
▲ 36.05
5Y CAGR
▲ 26.77
5Y CAGR
▲ 26.55
Frequently Asked Questions for Edelweiss ELSS Tax saver Fund Direct Growth
The current NAV of Edelweiss ELSS Tax saver Fund Direct Growth is ₹123.05 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Edelweiss ELSS Tax saver Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 1.47% | 1.47% |
6 Month Returns | -3.72% | -3.72% |
1 Year Returns | 8.26% | 8.26% |
3 Years Returns | 58.93% | 16.7% |
With INDmoney, the process of investing is very simple and involves zero commission.
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- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
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0.7% as on March 2025
₹384 Cr as on March 2025
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 March 2025
Financial Services(36.47%), Tech(10.44%), Industrial(9.71%) as on March 2025
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 | 2.62 | 1.15 | 0.65 |
As on March 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%.
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 | 0.95 | 0.93 |
As on March 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.
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 | 0.19 | 0.59 | 1.24 |
As on March 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.
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 | 17.33 | 14.44 | 15.11 |
As on March 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.
Sortino ratio is 0.96 as on March 2025. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Information ratio is 0.28 as on March 2025. It tells the consistency of the fund in generating superior risk-adjusted performance
Ashwani Agarwalla is the fund manager of Edelweiss ELSS Tax saver Fund Direct Growth
The Exit load of Edelweiss ELSS Tax saver Fund Direct Growth is 0%