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Fincash » Mutual Funds » Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund - G

NAV  ₹105.64 ↑ 1.03  (0.98 %) as on 14 Jun 24

(Erstwhile Edelweiss ELSS Fund)

Scheme 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.

Edelweiss Long Term Equity Fund is a Equity - ELSS fund launched on 30 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 16.5% since its launch.  Ranked 25 in ELSS category.  Return for 2023 was 26.8% , 2022 was -0.1% and 2021 was 30.4% .

Below is the key information for Edelweiss Long Term Equity Fund

NAV as on 14 Jun 24₹105.64 ↑ 1.03  (0.98 %)
Net Assets (AUM) as on 30 Apr 2024 ₹343 Cr.
Launch Date30 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio-2.18
Expense Ratio2.42 %
Sharpe Ratio2.362
Information Ratio-0.5
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 14 Jun 24

DurationReturns
1 Month 9.9%
3 Month 13.8%
6 Month 19.3%
1 Year 37.9%
3 Year 18.7%
5 Year 17.5%
10 Year
15 Year
Since launch 16.5%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 26.8%
2022 -0.1%
2021 30.4%
2020 13.7%
2019 9.2%
2018 -9.1%
2017 37.7%
2016 -1.1%
2015 6.7%

Growth of 10k Over Years

DateValue
31 May 19₹10,000
31 May 20₹8,079
31 May 21₹12,992
31 May 22₹13,848
31 May 23₹15,666
31 May 24₹20,806
Edelweiss Long Term Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.58%
Equity98.42%
Edelweiss Long Term Equity Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services33.05%
Industrials15.3%
Consumer Cyclical11.39%
Technology9.21%
Health Care6.55%
Energy5.94%
Basic Materials5.55%
Consumer Defensive5.05%
Communication Services2.37%
Utility2.3%
Real Estate1.71%
Edelweiss Long Term Equity Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Nov 10 | HDFCBANK
Banks - Regional6%₹20 Cr132,882
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 17 | ICICIBANK
Banks - Regional6%₹19 Cr167,677
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 15 | LT
Engineering & Construction5%₹18 Cr51,257
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 15 | RELIANCE
Oil & Gas Refining & Marketing5%₹16 Cr54,330
State Bank of India (Financial Services)
Equity, Since 31 May 18 | SBIN
Banks - Regional4%₹12 Cr149,214
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | 500251
Apparel Retail3%₹10 Cr22,899
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
Banks - Regional3%₹10 Cr86,178
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCO
Building Materials3%₹9 Cr9,300
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Oct 19 | BHARTIARTL
Telecom Services2%₹8 Cr61,438
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services2%₹8 Cr54,317
↑ 6,669
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Fund Managers

NameSinceTenure
Ashwani Agarwalla1 Aug 230.75 Yr.
Trideep Bhattacharya1 Aug 230.75 Yr.

Custodians

CompanyAddress
Standard Chartered BankStandard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Edelweiss Mutual FundEdelweiss House, Off. C.S.T Road, Kalina, Mumbai 400 098

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Edelweiss Long Term Equity Fund
Growth
₹105.64
↑ 1.03
19.31 %37.86 %18.74 %17.52 %
Edelweiss Long Term Equity Fund
Normal Dividend, Payout
₹28.27
↑ 0.27
19.31 %37.8 %18.72 %16.57 %
Data as on 14 Jun 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.