Edelweiss Long Term Equity Fund (Tax Savings) - Direct Plan-Growth Option

Edelweiss Long Term Equity Fund (Tax Savings) - Direct Plan-Growth Option of Edelweiss Mutual Fund has asset class type as ELSS. Oro Wealth rating for the fund is 2.

Basic Details

Riskometer

Moderately High

Expense Ratio (%)

0.85

Age

NA Years

Fund Manager

Harshad Patwardhan

AuM (Rs Crores)

72.107

Asset Class

ELSS

Net Asset Value:

46.54

Rating

2

Benchmark

Nifty 500 TRI

Fund Type

ELSS

SEBI Category

ELSS

Turnover Ratio(Monthly)

1.58 Times

Fund Manager Details:

Harshad Patwardhan B.Tech(IIT), MBA(IIM) and CFA. B.Tech (IIT), MBA (IIM) and CFA. Mr. Patwardhan has an overall work experience of over 23 years in the investment management function and has joined Edelweiss AMC as Chief Investment Officer - Equity and a key personnel. Prior to joining Edelweiss AMC, he was associated with JPMorgan Asset Management India Private Limited since June 26 as CIO-Equies. Prior to that Mr. Patwardhan worked for two years with Deutsche Equies India Private Limited as a senior research analyst and has had extensive experience with several foreign brokerage houses covering a variety of sectors.

Objective:

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.

Top Holdings:

  • Banks (22.25)
  • Finance (1.11)
  • IT - Software (9.18)
  • Automobile (6.78)
  • Refineries (5.3)
  • FMCG (4.65)
  • Tobacco Products (4.12)
  • Infrastructure Developers & Operators (3.29)
  • Pharmaceuticals (3.8)
  • Miscellaneous (2.99)


  • Top 5 Sector Allocations of the Fund
    Top 5 Company Allocations of the Fund
    Debt Composition