EDEdelweiss MFRegular · IDCW

Edelweiss Tax Advantage Fund - Regular Plan - Dividend Reinvest

elssEquity - ELSS - Tax Saver FundBenchmark: BSE 200
NAV · 28 Nov 2016₹23.06+0.09%
AUM₹9 Crfrom this fund's primary plan
Expense Ratio2.70%
CAGR
Exit LoadNil
Min SIP
Launched2009

Investment Objective

An open-ended equity linked savings scheme with an objective 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.

Fund Mandate

Debt0%–20%
Equity80%–100%
MMI0%–20%
Others0%–20%
Asset Allocation
Domestic Equity97.8%
Cash & Equivalents2.2%
Fund Managers
HP
Harshad Patwardhan
Fund Manager
Key Information
2.70%
₹500
Nil
3 years
Inception27 Jan 2009
AMCEdelweiss MF
Top Holdings As of 31 Jan 2020 · disclosed on this fund's primary plan
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%
Trailing Returns
PeriodReturns
1 Day+0.09%
Risk Metrics

Risk metrics are not available for this fund.

Fees
2.70%
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