Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan
Equity
Direct
Elss (Tax Savings)
NAV: ₹ 37.15 as on 16-04-2024
Fund Performance
About the Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan 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 Direct Transfer of Income Distribution cum capital withdrawal plan has ₹329 Cr worth of assets under management (AUM) as on Mar 2024 and is less than category average.
- The fund has an expense ratio 0.6.
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan Overview
 | 0.63% |
 Benchmark | S&P BSE 200 India TR INR |
 | ₹329 Cr |
 | 24 January, 2013 |
 | --/-- |
 | 0% |
 | 3 Years |
 TurnOver | 57.3% |
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan Distribution as on (31-Mar-24)
Size breakup
Large cap
71.2%
Mid cap
16.4%
Small cap
8.8%
Sector Allocation
Financial Services
33.1%
Industrial
15.8%
Consumer Cyclical
11.2%
Tech
10.1%
Health
7.6%
Energy
6.1%
Consumer Defensive
5.3%
Basic Materials
4.5%
Communication
2.4%
Utilities
2.3%
Real Estate
1.6%
Top Holdings of Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan as on (31-Mar-24)
Equity Holdings82
Debt Holdings1
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 Larsen & Toubro Ltd | 5.86% | 0% | |
 HDFC Bank Ltd | 5.84% | 0% | |
 ICICI Bank Ltd | 5.56% | 0% | |
 Reliance Industries Ltd | 4.9% | 0% | |
 State Bank of India | 3.41% | 0% |
See all
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan: Monthly Changes Updates
All changes are between Jan'24 and Mar'24
Fund Performance
- This fund’s returns stands at 1.31% whereas the fund’s underlying benchmark Nifty 500 returns stands at -0.47% as on Mar'24
- This fund outperformed Nifty 500 by 1.78% in Mar'24
AUM Change
- AUM of the fund stands at 329.5 Cr as of Mar'24
- AUM increased by 13.5 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Gainers & Losers in Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan portfolio Returns for the month of Mar
Top Growth Drivers | 1M Return |
|---|---|
Jyoti CNC Automation Ltd | 34.2% |
 ABB India Ltd | 20.7% |
 Larsen & Toubro Ltd | 4% |
Top Losers | 1M Return |
|---|---|
 Coforge Ltd | -9% |
 Infosys Ltd | -7.9% |
 Axis Bank Ltd | -0.6% |
Peer Analysis
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan Fund Manager
Ashwani Agarwalla
Fund Manager of Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan, since 1 August 2023
Top funds managed
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan 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 15.09% since inception which is less than its category average return of 15.54%
Fund Allocations
This fund has an allocation of 96.41% in Equity, 0% in Debt and 3.59% in Cash related instruments
AUM size ₹329 Cr
This fund has AUM of ₹329 Cr which is less than its category average of ₹ 3525 Cr
Expense Ratio 0.63%
This fund has an expense ratio of 0.63% which is less than its category average expense ratio of 1.48%
Frequently Asked Questions
The current NAV of Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan is ₹37.15 as on 16-Apr-2024.
Existing (Absolute + CAGR) as on 16-Apr-2024.
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan | Absolute Returns | CAGR Returns |
1 Month Returns | 2.71% | 2.71% |
6 Month Returns | 17.6% | 17.6% |
1 Year Returns | 36.13% | 36.13% |
3 Years Returns | 71.08% | 19.6% |
5 Years Returns | 111.47% | 16.16% |
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0.63% as on March 2024
₹329 Cr as on March 2024
Larsen & Toubro Ltd(5.86%), HDFC Bank Ltd(5.84%), ICICI Bank Ltd(5.56%), Reliance Industries Ltd(4.9%), State Bank of India(3.41%) as on March 2024
Financial Services(31.93%), Industrial(15.19%), Consumer Cyclical(10.83%) as on March 2024
The alpha ratio for the Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan for various period is as follows:
Fund Name | Alpha 1 Year | Alpha 3 Years | Alpha 5 Years |
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan | -1.03 | 1.03 | -0.43 |
As on March 2024
The alpha for Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan is calculated against S&P BSE 200 India 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 Direct Transfer of Income Distribution cum capital withdrawal plan for various period is as follows:
Fund Name | Beta 1 Year | Beta 3 Years | Beta 5 Years |
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan | 0.97 | 0.9 | 0.96 |
As on March 2024
The Beta for Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan is calculated with S&P BSE 200 India 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 Direct Transfer of Income Distribution cum capital withdrawal plan for various period is as follows:
Fund Name | Sharpe Ratio 1 Year | Sharpe Ratio 3 Years | Sharpe Ratio 5 Years |
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan | 2.51 | 1.05 | 0.63 |
As on March 2024
The sharpe ratio for Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan is calculated with S&P BSE 200 India 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 Direct Transfer of Income Distribution cum capital withdrawal plan for various period is as follows:
Fund Name | Standard Deviation 1 Year | Standard Deviation 3 Years | Standard Deviation 5 Years |
Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan | 10.49 | 12.49 | 18.61 |
As on March 2024
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 1.97 as on March 2024. Sortino ratio tells the downside risk-adjusted-returns of the mutual fund.
Ashwani Agarwalla is the fund manager of Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan
The Exit load of Edelweiss ELSS Tax saver Direct Transfer of Income Distribution cum capital withdrawal plan is 0%