Item: Edelweiss Tax Advantage Fund Direct Plan Dividend Reinvestment Option
Rating: 3
Author: Morningstar

Home › Mutual Funds › Edelweiss Mutual Fund › Edelweiss Tax Advantage Fund Direct Plan Dividend Reinvestment Option

33.139 (-0.106%)

NAV on February 25, 2020

Category Equity:
ELSS (Tax Savings)

Investment StyleBox

Large Growth

Total Assets 9 cr

Turnover Ratio 49.17%

Expense Ratio 1.14%

Exit Load -

Returns

1M: -3.08%
1Y: 11.50%
3M: -0.41%
3Y: 8.36%
6M: 12.24%
5Y: 6.32%

Min Investment 5,000

Fresh investments suspended by AMC on 17-Oct-2016

ADDITIONAL INFO

Fund Manager Harsh Kothari (Since over 5 years) Pratik Dharmshi (Since over 5 years)

ISIN INF843K01AT3

Fund Family Edelweiss

P/E Ratio 26.23

P/B Ratio 3.24

Launch Date January 01, 2013

Benchmark S&P BSE 200 India TR INR

SECTOR WEIGHTINGS (%)

Financial 46.61%

Industrial 6.36%

Technology 14.17%

Basic Materials 3.38%

Consumer Cyclical 8.49%

Utilities Services 0.0%

Healthcare Services 1.65%

Energy Services 8.55%

Communication Services 0.00%

Consumer Defensive 10.79%

Real Estate 0.00%

INVESTMENT OBJECTIVE

The investment objective of the Scheme is to generate income and long-term capital appreciation from a diversified portfolio of predominantly equity and equity-related Securities. However, there can be no assurance that the investment objective of the Scheme will be realized, as actual market movements may be at variance with anticipated trends.

Dividends that would otherwise be paid out to investors are instead used to purchase more units in the fund. Not as tax efficient as Growth.

View Factsheet

Top Rated
Top Performing

Top Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	EXPENSE RATIO	RISK
SBI Long Term Equity Fund Direct Growth	459.343	32.01%	27,847 cr	0.93%	Above Average
JM Tax Gain Fund (Direct) - Growth	55.350	31.27%	183 cr	1.27%	High
DSP ELSS Tax Saver Fund Direct Plan Growth	149.058	27.85%	16,835 cr	0.74%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	196.260	26.97%	1,453 cr	0.84%	High
Parag Parikh ELSS Tax Saver Fund Direct Growth	32.293	21.90%	4,385 cr	0.62%	Low
Quant ELSS Tax Saver Growth Option Direct Plan	391.203	13.19%	10,799 cr	0.59%	High
HSBC ELSS Tax saver Fund Direct Plan Growth Option	146.641	35.28%	4,303 cr	1.10%	Above Average

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	63.309	51.93%	4,187 cr	0.65%	Above Average
HSBC ELSS Tax saver Fund Direct Plan Growth Option	146.641	35.28%	4,303 cr	1.1%	Above Average
SBI Long Term Equity Fund Direct Growth	459.343	32.01%	27,847 cr	0.93%	Above Average
JM Tax Gain Fund (Direct) - Growth	55.350	31.27%	183 cr	1.27%	High
Invesco India ELSS Tax Saver Fund Direct Growth	150.020	28.03%	2,954 cr	0.76%	Above Average
Baroda BNP Paribas ELSS Tax Saver Fund Direct Plan Growth Option	106.502	27.15%	952 cr	0.96%	Average
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1422.583	24.46%	15,945 cr	1.09%	Below Average