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Fincash » Mutual Funds » Edelweiss Long Term Equity Fund

Edelweiss Long Term Equity Fund - G

NAV  ₹93.38 ↓ -0.45  (-0.48 %) as on 21 Feb 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 15.9% 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 21 Feb 24₹93.38 ↓ -0.45  (-0.48 %)
Net Assets (AUM) as on 31 Jan 2024 ₹302 Cr.
Launch Date30 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio0.44
Expense Ratio2.42 %
Sharpe Ratio1.916
Information Ratio-0.66
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 21 Feb 24

DurationReturns
1 Month 2.2%
3 Month 13.1%
6 Month 16.9%
1 Year 31%
3 Year 15.9%
5 Year 16.7%
10 Year
15 Year
Since launch 15.9%

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 Jan 19₹10,000
31 Jan 20₹11,163
31 Jan 21₹12,358
31 Jan 22₹16,328
31 Jan 23₹15,959
31 Jan 24₹20,946
Edelweiss Long Term Equity Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash1.36%
Equity98.64%
Edelweiss Long Term Equity Fund Asset Allocation

Sector Allocation

SectorValue
Financial Services34.67%
Industrials15.29%
Technology11.1%
Consumer Cyclical9.19%
Consumer Defensive6.3%
Health Care5.9%
Basic Materials5.84%
Energy4.76%
Communication Services2.15%
Real Estate2.12%
Utility1.34%
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 - Regional8%₹23 Cr132,882
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Sep 15 | LT
Engineering & Construction6%₹18 Cr51,257
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 17 | ICICIBANK
Banks - Regional6%₹18 Cr181,138
Reliance Industries Ltd (Energy)
Equity, Since 30 Jun 15 | RELIANCE
Oil & Gas Refining & Marketing5%₹14 Cr54,330
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | AXISBANK
Banks - Regional4%₹11 Cr98,765
UltraTech Cement Ltd (Basic Materials)
Equity, Since 31 May 19 | ULTRACEMCO
Building Materials3%₹10 Cr9,300
State Bank of India (Financial Services)
Equity, Since 31 May 18 | SBIN
Banks - Regional3%₹9 Cr147,324
ITC Ltd (Consumer Defensive)
Equity, Since 30 Apr 18 | ITC
Tobacco3%₹8 Cr175,158
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | INFY
Information Technology Services2%₹7 Cr47,648
Trent Ltd (Consumer Cyclical)
Equity, Since 31 Jul 21 | TRENT
Apparel Retail2%₹7 Cr22,899
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Fund Managers

NameSinceTenure
Ashwani Agarwalla1 Aug 230.5 Yr.
Trideep Bhattacharya1 Aug 230.5 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
₹93.38
↓ -0.45
16.93 %31.04 %15.89 %16.66 %
Edelweiss Long Term Equity Fund
Normal Dividend, Payout
₹24.99
↓ -0.12
16.89 %30.99 %15.86 %15.68 %
Data as on 21 Feb 24

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