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Fund Overview

Fund Size

Fund Size

₹329 Cr

Expense Ratio

Expense Ratio

0.63%

ISIN

ISIN

INF754K01CA8

Minimum SIP

Minimum SIP

₹500

Exit Load

Exit Load

No Charges

Inception Date

Inception Date

24 Jan 2013

About this fund

Edelweiss Long Term Equity Fund Direct Growth is a ELSS (Tax Savings) mutual fund schemes offered by Edelweiss Mutual Fund. This fund has been in existence for 11 years, 2 months and 22 days, having been launched on 24-Jan-13.
As of 12-Apr-24, it has a Net Asset Value (NAV) of ₹111.81, Assets Under Management (AUM) of 329.48 Crores, and an expense ratio of 0.63%.
  • Edelweiss Long Term Equity Fund Direct Growth has given a CAGR return of 15.78% since inception.
  • The fund's asset allocation comprises around 96.41% in equities, 0.00% in debts, and 3.59% in cash & cash equivalents.
  • You can start investing in Edelweiss Long Term Equity Fund Direct Growth with a SIP of ₹500 or a Lumpsum investment of ₹500.

Performance against Category Average

In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.

1 Year

+38.50%

+38.63%(Cat. Avg.)

3 Years

+21.23%

+20.85%(Cat. Avg.)

5 Years

+17.80%

+17.41%(Cat. Avg.)

10 Years

+16.00%

+16.35%(Cat. Avg.)

Since Inception

+15.78%

--%(Cat. Avg.)

Portfolio Summaryas of 31st March 2024

Equity317.64 Cr96.41%
Others11.84 Cr3.59%

Top Holdings

All Holdings

Equity

Debt & Others

NameType sortAmount sortHoldings sort
Larsen & Toubro LtdEquity19.29 Cr5.86%
HDFC Bank LtdEquity19.24 Cr5.84%
ICICI Bank LtdEquity18.33 Cr5.56%
Reliance Industries LtdEquity16.15 Cr4.90%
State Bank of IndiaEquity11.23 Cr3.41%
Clearing Corporation Of India Ltd.Cash - Repurchase Agreement9.93 Cr3.01%
UltraTech Cement LtdEquity9.07 Cr2.75%
Trent LtdEquity9.04 Cr2.74%
Axis Bank LtdEquity9.02 Cr2.74%
Sun Pharmaceuticals Industries LtdEquity8.14 Cr2.47%
Bharti Airtel LtdEquity7.55 Cr2.29%
ITC LtdEquity7.5 Cr2.28%
Tata Consultancy Services LtdEquity7.14 Cr2.17%
Infosys LtdEquity7.14 Cr2.17%
NTPC LtdEquity6.17 Cr1.87%
IndusInd Bank LtdEquity5.35 Cr1.62%
Samvardhana Motherson International LtdEquity5.26 Cr1.60%
Cipla LtdEquity5.25 Cr1.59%
Bharat Electronics LtdEquity5.24 Cr1.59%
Cummins India LtdEquity5.06 Cr1.53%
Persistent Systems LtdEquity4.81 Cr1.46%
ABB India LtdEquity4.64 Cr1.41%
Tata Motors LtdEquity4.58 Cr1.39%
Maruti Suzuki India LtdEquity3.92 Cr1.19%
Cholamandalam Investment and Finance Co LtdEquity3.84 Cr1.17%
Bank of BarodaEquity3.66 Cr1.11%
Bikaji Foods International LtdEquity3.64 Cr1.10%
Hindustan Unilever LtdEquity3.6 Cr1.09%
J.B. Chemicals & Pharmaceuticals LtdEquity3.45 Cr1.05%
Mahindra & Mahindra LtdEquity3.45 Cr1.05%
Shriram Finance LtdEquity3.4 Cr1.03%
LTIMindtree LtdEquity3.3 Cr1.00%
Karur Vysya Bank LtdEquity3.14 Cr0.95%
HCL Technologies LtdEquity3.02 Cr0.92%
Edelweiss Liquid Dir GrMutual Fund - Open End3.01 Cr0.91%
Indian BankEquity2.95 Cr0.90%
Syngene International LtdEquity2.84 Cr0.86%
Concord Biotech LtdEquity2.67 Cr0.81%
The Federal Bank LtdEquity2.64 Cr0.80%
Coforge LtdEquity2.6 Cr0.79%
TVS Motor Co LtdEquity2.59 Cr0.79%
Jyoti CNC Automation LtdEquity2.48 Cr0.75%
India Shelter Finance Corporation LtdEquity2.46 Cr0.75%
SBI Life Insurance Company LimitedEquity2.45 Cr0.74%
KEI Industries LtdEquity2.35 Cr0.71%
Coal India LtdEquity2.33 Cr0.71%
Titan Co LtdEquity2.32 Cr0.71%
Bajaj Finance LtdEquity2.26 Cr0.69%
Bharat Dynamics Ltd Ordinary SharesEquity2.22 Cr0.67%
Tech Mahindra LtdEquity2.2 Cr0.67%
Brigade Enterprises LtdEquity2.16 Cr0.66%
CreditAccess Grameen Ltd Ordinary SharesEquity2.13 Cr0.65%
Voltas LtdEquity2.11 Cr0.64%
Jindal Steel & Power LtdEquity2.1 Cr0.64%
Astral LtdEquity2.08 Cr0.63%
Mphasis LtdEquity2 Cr0.61%
Bajaj Auto LtdEquity1.95 Cr0.59%
Power Mech Projects LtdEquity1.94 Cr0.59%
Kajaria Ceramics LtdEquity1.88 Cr0.57%
Godrej Properties LtdEquity1.84 Cr0.56%
Spandana Sphoorty Financial LtdEquity1.75 Cr0.53%
Jio Financial Services LtdEquity1.75 Cr0.53%
PI Industries LtdEquity1.63 Cr0.49%
Balkrishna Industries LtdEquity1.49 Cr0.45%
Mahindra & Mahindra Financial Services LtdEquity1.45 Cr0.44%
Fedbank Financial Services LtdEquity1.45 Cr0.44%
APL Apollo Tubes LtdEquity1.39 Cr0.42%
Home First Finance Co India Ltd ---Equity1.27 Cr0.38%
Phoenix Mills LtdEquity1.19 Cr0.36%
Dabur India LtdEquity1.14 Cr0.35%
Net Receivables/(Payables)Cash - Collateral-1.1 Cr0.34%
BSE LtdEquity1.1 Cr0.33%
Equitas Small Finance Bank Ltd Ordinary SharesEquity1.08 Cr0.33%
UNO Minda LtdEquity1.08 Cr0.33%
Radico Khaitan LtdEquity1.06 Cr0.32%
JSW Energy LtdEquity1 Cr0.31%
Max Healthcare Institute Ltd Ordinary SharesEquity0.99 Cr0.30%
ICICI Prudential Life Insurance Company LimitedEquity0.95 Cr0.29%
Ajanta Pharma LtdEquity0.89 Cr0.27%
Can Fin Homes LtdEquity0.79 Cr0.24%
KEC International LtdEquity0.78 Cr0.24%
Oil India LtdEquity0.77 Cr0.23%
Canara BankEquity0.77 Cr0.23%
Union Bank of IndiaEquity0.74 Cr0.23%
Accrued InterestCash - Collateral0.01 Cr0.00%
Oberoi Realty LtdEquity0 Cr0.00%

Allocation By Market Cap (Equity)

Large Cap Stocks

71.19%

Mid Cap Stocks

16.43%

Small Cap Stocks

8.79%

Other Allocation

Equity Sector

Debt & Others

SectorAmount sortHoldings sort
Financial Services105.19 Cr31.93%
Industrials50.06 Cr15.19%
Consumer Cyclical35.68 Cr10.83%
Technology32.21 Cr9.78%
Healthcare24.22 Cr7.35%
Energy19.25 Cr5.84%
Consumer Defensive16.94 Cr5.14%
Basic Materials14.18 Cr4.30%
Communication Services7.55 Cr2.29%
Utilities7.17 Cr2.18%
Real Estate5.19 Cr1.58%

Risk & Performance Ratios

Standard Deviation

This fund

12.48%

Cat. avg.

12.78%

Lower the better

Sharpe Ratio

This fund

1.05

Cat. avg.

1.01

Higher the better

Sortino Ratio

This fund

--

Cat. avg.

1.93

Higher the better

Fund Managers

Ashwani Agarwalla

Ashwani Agarwalla

Since August 2023

TB

Trideep Bhattacharya

Since August 2023

Additional Scheme Detailsas of 31st March 2024

ISININF754K01CA8Expense Ratio0.63%Exit LoadNo ChargesFund Size₹329 CrAge24 Jan 2013Lumpsum Minimum₹500Fund StatusOpen Ended Investment CompanyBenchmarkNifty 500 TR INR

Investment ObjectiveInvestment Objective

To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.

Tax Treatment

Withdrawal within 1 year

Flat 15% tax on realised gains (STCG - short term capital gains)

Withdrawal after 1 year

10% tax on realised gains above Rs. 1 lakh per financial year (LTCG - long term capital gains)

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.

Similar ELSS (Tax Savings) Funds

Fund nameExpense RatioExit LoadFund size
1Y
Tata India Tax Savings Fund Direct Growth

Very High Risk

0.7%0.0%₹4016.44 Cr35.9%
Tata India Tax Savings Fund Regular Growth

Very High Risk

1.8%0.0%₹4016.44 Cr34.4%
Axis Long Term Equity Fund Regular Growth

Very High Risk

1.5%0.0%₹35473.88 Cr38.2%
Parag Parikh Tax Saver Fund Direct Growth

Very High Risk

0.7%0.0%₹3174.82 Cr34.5%
Parag Parikh Tax Saver Fund Regular Growth

Very High Risk

1.8%0.0%₹3174.82 Cr33.0%
Shriram Long Term Equity Fund Direct Growth

Very High Risk

0.8%0.0%₹47.16 Cr40.2%
Shriram Long Term Equity Fund Regular Growth

Very High Risk

2.5%0.0%₹47.16 Cr37.9%
ITI Long Term Equity Fund Direct Growth

Very High Risk

0.5%0.0%₹279.40 Cr55.7%
ITI Long Term Equity Fund Regular Growth

Very High Risk

2.3%0.0%₹279.40 Cr52.9%
Sundaram Diversified Equity Regular Growth

Very High Risk

2.2%0.0%₹1603.92 Cr29.9%

About the AMC

Total AUM

₹1,49,382 Cr

Address

J.P.Morgan Tower, Mumbai, 400 098

Other Funds by Edelweiss Mutual Fund

Fund nameExpense RatioExit LoadFund size
1Y
Edelweiss Multi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1562.15 Cr-
Edelweiss Banking and PSU Debt Fund Direct Growth

Moderate Risk

0.4%0.0%₹291.57 Cr6.9%
Edelweiss NIFTY Large Midcap 250 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹112.57 Cr45.7%
Edelweiss Money Market Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹400.39 Cr7.4%
Edelweiss Liquid Fund Direct Growth

Moderate Risk

0.1%0.0%₹5416.88 Cr7.4%
Edelweiss Mid Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹5114.61 Cr57.4%
Edelweiss Greater China Equity Direct Growth

Very High Risk

1.5%1.0%₹1243.23 Cr-13.8%
Edelweiss ASEAN Equity Off Shore Direct Growth

Very High Risk

1.6%1.0%₹61.48 Cr-3.0%
Edelweiss Large & Mid Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹2848.59 Cr45.0%
Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹850.08 Cr7.0%
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth

Very High Risk

1.4%1.0%₹83.84 Cr15.3%
BHARAT Bond FOF April 2030 Direct Growth

Moderate Risk

0.1%0.0%₹6860.83 Cr7.8%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹178.85 Cr6.9%
Edelweiss Flexi Cap Fund Direct Growth

Very High Risk

0.5%1.0%₹1690.09 Cr44.8%
Edelweiss Overnight Fund Direct Growth

Low Risk

0.1%0.0%₹210.96 Cr6.8%
Edelweiss Multi Asset Allocation Fund Direct Growth

Low to Moderate Risk

0.4%0.0%₹698.30 Cr-
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth

Very High Risk

0.5%0.0%₹143.18 Cr39.4%
Edelweiss Long Term Equity Fund Direct Growth

Very High Risk

0.6%0.0%₹329.48 Cr38.5%
Edelweiss Recently Listed IPO Fund Direct Growth

Very High Risk

1.2%2.0%₹897.42 Cr48.6%
Edelweiss Balanced Advantage Fund Direct Growth

Very High Risk

0.5%1.0%₹10737.61 Cr27.6%
Edelweiss Government Securities Fund Direct Growth

Moderate Risk

0.5%0.0%₹139.39 Cr7.5%
Edelweiss Small Cap Fund Direct Growth

Very High Risk

0.4%1.0%₹3134.62 Cr53.2%
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹34.18 Cr69.2%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth

Very High Risk

0.3%0.0%₹193.61 Cr71.7%
Edelweiss Nifty Next 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹20.26 Cr63.8%
Edelweiss Large Cap Fund Direct Growth

Very High Risk

0.8%1.0%₹828.72 Cr36.2%
Edelweiss Aggressive Hybrid Fund Direct Growth

Very High Risk

0.2%1.0%₹1440.35 Cr35.9%
Edelweiss Focused Equity Fund Direct Growth

Very High Risk

0.7%1.0%₹704.44 Cr41.5%
Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹3209.20 Cr6.8%
BHARAT Bond FOF April 2025 Direct Growth

Moderate Risk

0.1%0.0%₹4915.84 Cr7.3%
BHARAT Bond FOF April 2031 Direct Growth

Moderate Risk

0.1%0.0%₹4555.67 Cr7.8%
Edelweiss Arbitrage Fund Direct Growth

Low Risk

0.3%0.0%₹9167.21 Cr8.6%
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth

Very High Risk

1.3%1.0%₹114.55 Cr6.7%
Edelweiss US Technology Equity Fund of Fund Direct Growth

Very High Risk

1.4%1.0%₹2292.64 Cr55.1%
BHARAT Bond ETF FOF - April 2033 Direct Growth

Moderate Risk

0.1%0.0%₹2078.37 Cr8.2%
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth

Very High Risk

0.5%0.0%₹96.29 Cr14.8%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹92.10 Cr6.6%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹158.71 Cr6.8%
Edelweiss Nifty 50 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹50.98 Cr27.5%
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth

Very High Risk

0.1%0.0%₹24.57 Cr34.3%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth

Moderate Risk

0.2%0.0%₹903.29 Cr8.3%
BHARAT Bond ETF FOF - April 2032 Direct Growth

Moderate Risk

0.1%0.0%₹4342.59 Cr7.8%
Edelweiss Nifty PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth

Low to Moderate Risk

0.2%0.0%₹9998.50 Cr6.9%
Edelweiss US Value Equity Offshore Fund Direct Growth

Very High Risk

1.4%1.0%₹101.32 Cr15.0%
Edelweiss Equity Savings Fund Direct Growth

Moderate Risk

0.9%0.0%₹372.41 Cr17.9%

Risk Level

Your principal amount will be at Very High Risk

Very High Risk
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The NAV of Edelweiss Long Term Equity Fund Direct Growth, as of 12-Apr-2024, is ₹111.81.
The fund has generated 38.50% over the last 1 year and 21.23% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.
The fund's allocation of assets is distributed as 96.41% in equities, 0.00% in bonds, and 3.59% in cash and cash equivalents.
The fund managers responsible for Edelweiss Long Term Equity Fund Direct Growth are:-
  1. Ashwani Agarwalla
  2. Trideep Bhattacharya