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EDEdelweiss MFDirect · IDCW

Edelweiss Tax Advantage Fund - Dividend - Direct Plan

elssEquity - ELSS - Tax Saver FundBenchmark: BSE 200 - TRI
NAV · 26 Feb 2020₹32.83-0.92%
AUM₹9 Crfrom this fund's primary plan
Expense Ratio1.14%
CAGR—
Exit LoadNil
Min SIP—
Launched2013

Investment Objective

The objective of the Scheme is to generate income and long-term capital growth from a diversified portfolio of predominantly equity and equity-related Securities.

Fund Mandate

Debt & MMI0%–20%
Equity and Equity related Securities80%–100%
Asset Allocation
Domestic Equity97.8%
Cash & Equivalents2.2%
Fund Managers
PD
Pratik Dharmshi
Fund Manager
Key Information
1.14%
—
₹500
Nil
3 years
Inception04 Jan 2013
AMCEdelweiss MF
Top Holdings
1ICICI Bank Ltd.Bank9.52%
2Housing Development Finance Corporation Ltd. - (Amalgamated)Finance9.36%
3HDFC Bank Ltd.Bank9.07%
4Reliance Industries Ltd.Crude Oil7.74%
5Infosys Ltd.IT6.48%
6State Bank Of IndiaBank4.92%
7Larsen & Toubro Ltd.Infrastructure4.58%
8Hindustan Unilever Ltd.FMCG4.14%
9Axis Bank Ltd.Bank4.00%
10ITC Ltd.FMCG3.78%
Sector Allocation
Bank30.9%
Finance16.3%
FMCG12.2%
IT10.1%
Crude Oil7.7%
Automobile & Ancillaries5.5%
Infrastructure4.8%
Consumer Durables3.6%
Chemicals3.1%
Healthcare1.9%
Capital Goods1.5%
Hospitality1.1%
Others0.6%
Trading0.6%
Telecom0.2%
On This Page
NAV growthAsset allocationTop holdings
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Trailing Returns
PeriodReturns
1 Day-0.92%
Risk Metrics

Risk metrics are not available for this fund.

Fees
1.14%
Nil
3 years
—
₹500
Capital Gains Tax, general rules

This is an equity-oriented fund. Under rules effective since Budget 2024 (23 July 2024):

Short-Term Capital Gains (held ≤ 12 months): taxed at a flat 20%.

Long-Term Capital Gains (held > 12 months): taxed at 12.5% on gains above ₹1.25 lakh in a financial year, with no indexation benefit.

General information only, not tax advice, actual liability depends on your overall income and applicable law at the time of redemption. Consult a tax advisor for your specific situation.

Frequently Asked QuestionsGeneral mutual-fund FAQs, not specific to this scheme