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 August, 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. 403.60 Crore
|
| Monthly Average AUM |
Rs. 389.18 Crore
|
| Regular Plan Growth Option |
113.1100
|
| Regular Plan IDCW Option |
30.2700
|
| Direct Plan Growth Option |
131.8500
|
| Direct Plan IDCW Option |
44.5800
|
| (as on August 30, 2024) |
|
Name of Instrument
|
Industry
|
% to Net
Assets
|
| Equities | 98.25% | |
| HDFC Bank Ltd. | Financial Services | 5.39% |
| ICICI Bank Ltd. | Financial Services | 4.97% |
| Reliance Industries Ltd. | Oil, Gas & Consumable Fuels | 4.07% |
| Trent Ltd. | Consumer Services | 4.06% |
| Larsen & Toubro Ltd. | Construction | 3.07% |
| Infosys Ltd. | Information Technology | 3.06% |
| State Bank of India | Financial Services | 3.02% |
| Bharti Airtel Ltd. | Telecommunication | 2.42% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 2.27% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 2.18% |
| Tata Consultancy Services Ltd. | Information Technology | 2.08% |
| Axis Bank Ltd. | Financial Services | 2.02% |
| Bharat Electronics Ltd. | Capital Goods | 1.93% |
| NTPC Ltd. | Power | 1.89% |
| ITC Ltd. | Fast Moving Consumer Goods | 1.88% |
| Ultratech Cement Ltd. | Construction Materials | 1.75% |
| Bikaji Foods International Ltd. | Fast Moving Consumer Goods | 1.52% |
| Cipla Ltd. | Healthcare | 1.44% |
| BSE Ltd. | Financial Services | 1.30% |
| Persistent Systems Ltd. | Information Technology | 1.28% |
| Tata Motors Ltd. | Automobile & Auto Components | 1.27% |
| ABB India Ltd. | Capital Goods | 1.25% |
| Mahindra & Mahindra Ltd. | Automobile & Auto Components | 1.25% |
| Tech Mahindra Ltd. | Information Technology | 1.24% |
| IndusInd Bank Ltd. | Financial Services | 1.22% |
| Hindalco Industries Ltd. | Metals & Mining | 1.21% |
| PB Fintech Ltd. | Financial Services | 1.16% |
| Shriram Finance Ltd. | Financial Services | 1.15% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 1.09% |
| Cummins India Ltd. | Capital Goods | 1.06% |
| Cholamandalam Investment & Fin Co Ltd. | Financial Services | 1.06% |
| Coal India Ltd. | Oil, Gas & Consumable Fuels | 1.04% |
| JB Chemicals & Pharmaceuticals Ltd. | Healthcare | 1.01% |
| Titagarh Rail Systems Ltd. | Capital Goods | 1.00% |
| Maruti Suzuki India Ltd. | Automobile & Auto Components | 0.96% |
| Karur Vysya Bank Ltd. | Financial Services | 0.95% |
| UNO Minda Ltd. | Automobile & Auto Components | 0.94% |
| Mphasis Ltd. | Information Technology | 0.93% |
| Jyoti CNC Automation Ltd. | Capital Goods | 0.93% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.90% |
| Bank of Baroda | Financial Services | 0.86% |
| TVS Motor Company Ltd. | Automobile & Auto Components | 0.84% |
| Voltas Ltd. | Consumer Durables | 0.83% |
| Zensar Technologies Ltd. | Information Technology | 0.82% |
| Indian Bank | Financial Services | 0.80% |
| KEI Industries Ltd. | Capital Goods | 0.78% |
| Hindustan Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.77% |
| SBI Life Insurance Company Ltd. | Financial Services | 0.75% |
| Coforge Ltd. | Information Technology | 0.74% |
| Concord Biotech Ltd. | Healthcare | 0.72% |
| India Shelter Finance Corporation Ltd. | Financial Services | 0.72% |
| Dabur India Ltd. | Fast Moving Consumer Goods | 0.69% |
| Brigade Enterprises Ltd. | Realty | 0.69% |
| Power Mech Projects Ltd. | Construction | 0.65% |
| HCL Technologies Ltd. | Information Technology | 0.60% |
| Jindal Steel & Power Ltd. | Metals & Mining | 0.59% |
| Godrej Properties Ltd. | Realty | 0.58% |
| Bajaj Auto Ltd. | Automobile & Auto Components | 0.58% |
| Bajaj Finance Ltd. | Financial Services | 0.56% |
| Kajaria Ceramics Ltd. | Consumer Durables | 0.54% |
| Titan Company Ltd. | Consumer Durables | 0.54% |
| Power Finance Corporation Ltd. | Financial Services | 0.54% |
| Multi Commodity Exchange Of India Ltd. | Financial Services | 0.53% |
| Astral Ltd. | Capital Goods | 0.50% |
| KEC International Ltd. | Construction | 0.47% |
| Cyient DLM Ltd. | Capital Goods | 0.47% |
| P I INDUSTRIES LIMITED | Chemicals | 0.47% |
| Lupin Ltd. | Healthcare | 0.47% |
| Balkrishna Industries Ltd. | Automobile & Auto Components | 0.45% |
| Creditaccess Grameen Ltd. | Financial Services | 0.45% |
| RBL Bank Ltd. | Financial Services | 0.42% |
| Mahindra & Mahindra Financial Serv Ltd. | Financial Services | 0.41% |
| Home First Finance Company India Ltd. | Financial Services | 0.40% |
| The Phoenix Mills Ltd. | Realty | 0.40% |
| Jio Financial Services Ltd. | Financial Services | 0.39% |
| The Federal Bank Ltd. | Financial Services | 0.38% |
| Oil India Ltd. | Oil, Gas & Consumable Fuels | 0.35% |
| Kaynes Technology India Ltd. | Capital Goods | 0.35% |
| APL Apollo Tubes Ltd. | Capital Goods | 0.34% |
| JSW Energy Ltd. | Power | 0.33% |
| Canara Bank | Financial Services | 0.33% |
| Ajanta Pharma Ltd. | Healthcare | 0.32% |
| Radico Khaitan Ltd. | Fast Moving Consumer Goods | 0.29% |
| Union Bank of India | Financial Services | 0.28% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 0.27% |
| Max Healthcare Institute Ltd. | Healthcare | 0.26% |
| Equitas Small Finance Bank Ltd. | Financial Services | 0.23% |
| Can Fin Homes Ltd. | Financial Services | 0.13% |
| Akums Drugs And Pharmaceuticals Ltd. | Healthcare | 0.08% |
| Transformers And Rectifiers (India) Ltd. | Capital Goods | 0.05% |
| TBO Tek Ltd. | Consumer Services | 0.03% |
| Cash & Other Receivables | 1.75% | |
| TREPS_RED_02.09.2024 | 1.72% | |
| Cash & Cash Equivalent | 0.03% | |
| Grand Total | 100.00% |
|
Std.deviation
|
12.57%
|
|
Sharpe
Ratio**
|
0.87
|
|
Beta
|
0.93
|
|
Total stocks
in portfolio
|
91
|
|
Information Ratio
|
-0.33
|
|
Active Share
|
48.27%
|
|
Top 10 stocks
|
34.50%
|
|
Net Equity
|
98.24%
|
|
Portfolio Turnover Ratio^
|
Equity 0.23
F&O 0.00 |
| Total Portfolio Turnover Ratio^ |
0.23
|
| **Risk free rate of return (FIMMDA Overnight MIBOR ) 6.80% 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 |
41.03% |
14,103 |
41.58% |
14,158 |
32.64% |
13,264 |
|
3 Year |
17.76% |
16,331 |
18.95% |
16,829 |
15.17% |
15,274 |
|
5 Year |
20.60% |
25,538 |
22.70% |
27,845 |
19.37% |
24,262 |
|
Since Inception - Regular Plan |
16.74% |
1,13,110 |
17.36% |
1,22,960 |
15.99% |
1,02,330 |
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