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
JM Tax Gain Fund (Direct) - Growth	55.696	40.17%	181 cr	1.27%	High
SBI Long Term Equity Fund Direct Growth	463.527	39.68%	27,559 cr	0.94%	Above Average
DSP ELSS Tax Saver Fund Direct Plan Growth	151.124	37.89%	16,841 cr	0.75%	Above Average
Bank of India ELSS Tax Saver Fund Direct Plan Growth	195.260	35.50%	1,436 cr	0.84%	High
Kotak ELSS Tax Saver-Scheme-Growth - Direct	135.155	32.60%	6,148 cr	0.61%	Below Average
Parag Parikh ELSS Tax Saver Fund Direct Growth	32.371	27.49%	4,274 cr	0.62%	Low
Quant ELSS Tax Saver Growth Option Direct Plan	410.199	27.22%	10,980 cr	0.65%	High

Best Elss (Tax Savings) Funds

NAME	LATEST NAV	RETURNS 1y	FUND ASSETS	Expense RATIO	RISK
Motilal Oswal ELSS Tax Saver Fund Direct Plan Growth	60.885	55.54%	4,074 cr	0.65%	Above Average
HSBC ELSS Tax saver Fund Direct Plan Growth Option	145.994	42.59%	4,253 cr	1.6%	Above Average
JM Tax Gain Fund (Direct) - Growth	55.696	40.17%	181 cr	1.27%	High
Invesco India ELSS Tax Saver Fund Direct Growth	149.940	35.17%	2,919 cr	0.76%	Above Average
HDFC ELSS TaxSaver -Direct Plan - Growth Option	1443.271	34.30%	15,935 cr	1.09%	Below Average