Edelweiss Long Term Equity Growth - Latest NAV, Returns, Performance & Portfolio

Edelweiss Long Term Equity Growth

  • highlight
    6.61%
  • highlight
    (--0.21)49.39

Start your investment

Min amount: ₹500

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 35,971 in a period of 20 years
  • Save up to Rs 46,800 in taxes every year.
  • Highest returns compared to other 80C investments.
  • Lowest lock-in of 3 years
Tax Saving FDPPFELSS
Average Annualised Returns i
6%8%12%
Tax rates i
30%Not taxable10%*
Returns after tax i
4.2%8.00%10.80%
Current rate of Inflation i
4%4%4%
Real Rate of Return i
0.2%4.00%6.80%
Lock-in Period i
5 years15 years3 years
*Taxable @ 10% over and above Rs 1 lakh.

Fund Summarystar

PeriodReturns(per year)
10 Years11.66%
5 Years6.61%
3 Years7.83%
1 Year13.28%
6 Months14.36%
Fund Details
ISININF754K01517
RiskModerately High risk
Fund TypeELSS (Tax Savings)
NAV49.39
Exit Load--

More about this fundstar

Top HoldingsWeightage
ICICI Bank Ltd8.13%
HDFC Bank Ltd6.54%
Reliance Industries Ltd4.93%
Axis Bank Ltd3.77%
State Bank of India3.77%
Housing Development Finance Corp Ltd3.64%
Infosys Ltd3.61%
Larsen & Toubro Ltd3.34%
Bajaj Finance Ltd2.93%
Bharti Airtel Ltd2.44%

About Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund (Tax Savings) is an open ended equity linked saving scheme. It has a statutory lock in of 3 years and provides tax benefits Section 80C of the Income Tax Act up to Rs. 1.50 lakh. The fund’s investment objective is to provide capital growth and with an option of periodic payouts at the end of lock in periods by investing in equity, equity related instruments and fixed income securities.

Pros & Cons of Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund Growth offers 3 benefits:

  1. Save upto ?46,800 in taxes under section 80C of Income Tax Act, 1961 (by investing in ELSS funds)
  2. Shortest lock-in period allows the fund manager to take better decision and look through the interim volatility.
  3. Being a star-rated fund, it has been unable to beat its category and the benchmark in 1 year, 3 year and 5 year time horizon.

Fund Information and Statistics of Edelweiss Long Term Equity Fund

i) Inception / Launch date

Edelweiss Long Term Equity Fund was launched on 30 December 2008 by Edelweiss Mutual Fund.

ii) Risk level

Being a multi-cap fund, Edelweiss Long Term Equity Fund is a moderately high risk bet and suitable for investors who have a long-term investment horizon of more than 5 years.

iii) Redemption

Redemption of Units can be made only after the expiry of the lock-in period of three years from the date of allotment of units which the holder has proposed to redeem. It will be done by a repurchase/buyback by the fund house. Under normal circumstances, your fund house will dispatch the redemption proceeds within 10 business days from date of receipt of request.

iv) Fund Manager

Mr Harshad Patwardhan, who holds an experience of 23 years, has been managing the Edelweiss Long Term Equity Fund since September 2017.

v) Entry / Exit load

The fund house does not charge any entry load and exit load for investing in Edelweiss Long Term Equity Fund.

Tax benefits of investing in Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund has a lock-in period of three years which is the lowest amongst all other tax saving alternatives available in India. It helps you to claim a tax deduction of up to Rs. 1.5 lakhs under Section 80C from your Gross Total Income and enables saving taxes up to Rs. 46,800.

About Edelweiss Mutual Fund

After launching its first scheme, Edelweiss Mutual Fund has witnessed remarkable growth. It seeks to provide investment management services of high quality to investors across risk spectrum and endeavour to achieve their financial goals.

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Start your investment

Min amount: ₹500

Calculate Returns

Rs. 10,000 invested one time becomes Rs. 35,971 in a period of 20 years
Moderately High risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns