Edelweiss ELSS Tax saver Fund
An open ended equity linked saving scheme with a statutory lock in of 3 years and tax benefit
Data as on 31st October, 2024
| Investment Objective : The primary objective of the Scheme is to generate long-term capital appreciation with an option of periodic payouts at the end of lock in periods from a portfolio that invests predominantly in equity and equity related instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns. |
|
| Inception Date | 30-Dec-08 |
| Benchmark | Nifty 500 TR Index |
| Fund Managers Details | Mr. Ashwani Agarwalla Experience 18 years Managing Since 15-Jun-22 Mr. Trideep Bhattacharya Experience 25 years Managing Since 24-Dec-21 Mr. Raj Koradia Experience 7 years Managing Since 01-Aug-24 |
| Minimum Investment Amount | Rs. 500/- per application & in multiples of Re. 500/- thereafter |
| Additional investment amount | Rs. 500/- per application & in multiples of Re. 500/- thereafter |
| Exit Load | Nil |
| Total Expense Ratios~: | Regular Plan 2.34% Direct Plan 0.70% |
| Month End AUM |
Rs. 392.94 Crore
|
| Monthly Average AUM |
Rs. 401.52 Crore
|
| Regular Plan Growth Option |
109.1300
|
| Regular Plan IDCW Option |
29.2100
|
| Direct Plan Growth Option |
127.5800
|
| Direct Plan IDCW Option |
43.1400
|
| (as on October 31, 2024) |
|
Name of Instrument
|
Industry
|
% to Net
Assets
|
| Equities | 98.22% | |
| HDFC Bank Ltd. | Financial Services | 5.87% |
| ICICI Bank Ltd. | Financial Services | 5.37% |
| Reliance Industries Ltd. | Oil, Gas & Consumable Fuels | 3.68% |
| Trent Ltd. | Consumer Services | 3.13% |
| State Bank of India | Financial Services | 3.11% |
| Larsen & Toubro Ltd. | Construction | 3.08% |
| Infosys Ltd. | Information Technology | 2.84% |
| Bharti Airtel Ltd. | Telecommunication | 2.52% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.36% |
| BSE Ltd. | Financial Services | 2.10% |
| Axis Bank Ltd. | Financial Services | 2.04% |
| NTPC Ltd. | Power | 1.91% |
| Bharat Electronics Ltd. | Capital Goods | 1.89% |
| ITC Ltd. | Fast Moving Consumer Goods | 1.88% |
| Tata Consultancy Services Ltd. | Information Technology | 1.86% |
| Ultratech Cement Ltd. | Construction Materials | 1.76% |
| Cipla Ltd. | Healthcare | 1.65% |
| Bikaji Foods International Ltd. | Fast Moving Consumer Goods | 1.60% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 1.48% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 1.35% |
| Multi Commodity Exchange Of India Ltd. | Financial Services | 1.32% |
| Karur Vysya Bank Ltd. | Financial Services | 1.25% |
| Tech Mahindra Ltd. | Information Technology | 1.25% |
| Mahindra & Mahindra Ltd. | Automobile & Auto Components | 1.24% |
| Hindalco Industries Ltd. | Metals & Mining | 1.21% |
| Shriram Finance Ltd. | Financial Services | 1.15% |
| PB Fintech Ltd. | Financial Services | 1.15% |
| Persistent Systems Ltd. | Information Technology | 1.05% |
| Cholamandalam Investment & Fin Co Ltd. | Financial Services | 0.95% |
| IndusInd Bank Ltd. | Financial Services | 0.92% |
| Coal India Ltd. | Oil, Gas & Consumable Fuels | 0.92% |
| Coforge Ltd. | Information Technology | 0.92% |
| ABB India Ltd. | Capital Goods | 0.91% |
| Mphasis Ltd. | Information Technology | 0.89% |
| Bank of Baroda | Financial Services | 0.88% |
| Titagarh Rail Systems Ltd. | Capital Goods | 0.88% |
| Maruti Suzuki India Ltd. | Automobile & Auto Components | 0.88% |
| Indian Bank | Financial Services | 0.86% |
| Concord Biotech Ltd. | Healthcare | 0.82% |
| UNO Minda Ltd. | Automobile & Auto Components | 0.81% |
| Jyoti CNC Automation Ltd. | Capital Goods | 0.81% |
| Voltas Ltd. | Consumer Durables | 0.80% |
| Titan Company Ltd. | Consumer Durables | 0.78% |
| Zensar Technologies Ltd. | Information Technology | 0.77% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.76% |
| TVS Motor Company Ltd. | Automobile & Auto Components | 0.76% |
| Hindustan Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.72% |
| KEI Industries Ltd. | Capital Goods | 0.70% |
| Brigade Enterprises Ltd. | Realty | 0.69% |
| India Shelter Finance Corporation Ltd. | Financial Services | 0.68% |
| SBI Life Insurance Company Ltd. | Financial Services | 0.67% |
| JB Chemicals & Pharmaceuticals Ltd. | Healthcare | 0.65% |
| HCL Technologies Ltd. | Information Technology | 0.62% |
| Dabur India Ltd. | Fast Moving Consumer Goods | 0.60% |
| Max Healthcare Institute Ltd. | Healthcare | 0.60% |
| Godrej Properties Ltd. | Realty | 0.59% |
| Power Mech Projects Ltd. | Construction | 0.58% |
| Bajaj Finance Ltd. | Financial Services | 0.55% |
| Bajaj Auto Ltd. | Automobile & Auto Components | 0.53% |
| Tata Motors Ltd. | Automobile & Auto Components | 0.53% |
| KEC International Ltd. | Construction | 0.50% |
| Kajaria Ceramics Ltd. | Consumer Durables | 0.50% |
| ICICI Lombard General Insurance Co. Ltd. | Financial Services | 0.49% |
| Jubilant Ingrevia Ltd. | Chemicals | 0.49% |
| P I INDUSTRIES LIMITED | Chemicals | 0.48% |
| Alembic Pharmaceuticals Ltd. | Healthcare | 0.47% |
| Astral Ltd. | Capital Goods | 0.47% |
| Lupin Ltd. | Healthcare | 0.47% |
| Balkrishna Industries Ltd. | Automobile & Auto Components | 0.46% |
| Power Finance Corporation Ltd. | Financial Services | 0.46% |
| Siemens Ltd. | Capital Goods | 0.45% |
| Havells India Ltd. | Consumer Durables | 0.43% |
| Home First Finance Company India Ltd. | Financial Services | 0.42% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.42% |
| Cyient DLM Ltd. | Capital Goods | 0.42% |
| P N Gadgil Jewellers Ltd. | Consumer Durables | 0.41% |
| The Federal Bank Ltd. | Financial Services | 0.41% |
| Kaynes Technology India Ltd. | Capital Goods | 0.41% |
| Jio Financial Services Ltd. | Financial Services | 0.41% |
| Radico Khaitan Ltd. | Fast Moving Consumer Goods | 0.37% |
| Creditaccess Grameen Ltd. | Financial Services | 0.37% |
| APL Apollo Tubes Ltd. | Capital Goods | 0.36% |
| Cummins India Ltd. | Capital Goods | 0.35% |
| The Phoenix Mills Ltd. | Realty | 0.33% |
| JSW Energy Ltd. | Power | 0.33% |
| RBL Bank Ltd. | Financial Services | 0.32% |
| IPCA Laboratories Ltd. | Healthcare | 0.32% |
| Canara Bank | Financial Services | 0.32% |
| Ajanta Pharma Ltd. | Healthcare | 0.31% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 0.30% |
| Oil India Ltd. | Oil, Gas & Consumable Fuels | 0.23% |
| Equitas Small Finance Bank Ltd. | Financial Services | 0.21% |
| Can Fin Homes Ltd. | Financial Services | 0.14% |
| Bajaj Housing Finance Ltd. | Financial Services | 0.10% |
| Akums Drugs And Pharmaceuticals Ltd. | Healthcare | 0.08% |
| Transformers And Rectifiers (India) Ltd. | Capital Goods | 0.07% |
| Cash & Other Receivables | 1.78% | |
| TREPS_RED_04.11.2024 | 1.80% | |
| Cash & Cash Equivalent | -0.02% | |
| Grand Total | 100.00% |
|
Std.deviation
|
13.16%
|
|
Sharpe
Ratio**
|
0.66
|
|
Beta
|
0.93
|
|
Total stocks
in portfolio
|
96
|
|
Information Ratio
|
-0.10
|
|
Active Share
|
47.27%
|
|
Top 10 stocks
|
34.07%
|
|
Net Equity
|
98.22%
|
|
Portfolio Turnover Ratio^
|
Equity 0.24
F&O 0.00 |
| Total Portfolio Turnover Ratio^ |
0.24
|
| **Risk free rate of return (FIMMDA Overnight MIBOR ) 6.61% 1. Standard deviation and Sharpe ratio are annualized. 2. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. 3. Active share is the fraction of a fund's portfolio holdings that deviate from the benchmark index. Source: Bloomberg. 4. Information ratio has been calculated using monthly returns over a period of 3 years. |
|
|
Period
|
Scheme - Regular Plan |
Benchmark (Nifty 500 TR Index) |
Additional Benchmark (Nifty 50 TR Index) |
|||
|
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
|
|
1 Year |
38.45% |
13,858 |
36.22% |
13,633 |
28.30% |
12,839 |
|
3 Year |
15.36% |
15,370 |
15.71% |
15,511 |
12.35% |
14,195 |
|
5 Year |
17.92% |
22,821 |
19.75% |
24,645 |
16.61% |
21,582 |
|
Since Inception - Regular Plan |
16.28% |
1,09,130 |
16.83% |
1,17,644 |
15.51% |
98,258 |
Past performance may or may not be sustained in future and should not be used as a basis for
comparison with other investments. * CAGR Return.
Notes:
1. Different plans shall have different expense structure. The performance details provided herein are of Regular Plan of Edelweiss ELSS Tax saver Fund (Tax Savings). Returns are for Growth Option only. In case the start/end date is non business day, the NAV of previous day is used for computation.
2. The scheme is currently managed by Mr. Ashwani Agarwalla (Managing since June 15, 2022) & Mr. Trideep Bhattacharya (Managing since December 24, 2021). & Mr. Raj Koradia (managing this fund from August 01, 2024). Please Click here for name of the other schemes currently managed by the Fund Managers and relevant scheme for performance.
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This Product is suitable for investors who are seeking*:
- To create wealth in the long term
- Investment in equity and equity-related securities that will be locked-in for the first three years.
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at Very High Risk
Benchmark Riskometer: Nifty 500 TRI
Investors understand that their principal will be at Very High Risk