Edelweiss ELSS Tax Saver Fund
The scheme will, on the basis of overall industry and economic scenario, invest in a diversified portfolio of stocks of growth oriented companies with good track record. The scheme may endeavor to take advantage of special situations such as mergers and demerger.
Growthvine rating: 2/5 — ranked #37 of 57 in category.
Fund basics
| Category | Equity: ELSS |
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| NAV | ₹106.80 (as of 2026-10-23) |
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| AUM | ₹428 Cr |
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| Expense ratio | 2.10% |
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| Riskometer | Very High |
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| Fund manager | Ashwani Kumar Agarwalla |
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| Exit load | 0 |
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Performance & risk
| 5-year annualised return | 9.17% |
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| Sharpe ratio | 0.35 |
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| Standard deviation | 16.05% |
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| Max drawdown | −36.90% |
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| Alpha | 1.21 |
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| Beta | 1.01 |
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Over 5 years, captured 100.3% of Nifty 500's upside and 100.2% of its downside.
Market cap allocation
| Large cap | 59.4% |
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| Mid cap | 18.6% |
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| Small cap | 22.1% |
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Concentration
| Top 5 holdings | 19.2% |
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| Top 10 holdings | 29.8% |
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| Total holdings | 93 |
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| Index overlap | 47.7% |
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| Active share | 52.3% |
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Top holdings
- ICICI Bank Ltd. — 4.8%
- Clearing Corporation of India Ltd. — 4.4%
- HDFC Bank Ltd. — 4.1%
- Reliance Industries Ltd — 3.8%
- Bharti Airtel Ltd. — 3.5%
- Larsen & Toubro Limited — 2.9%
- State Bank Of India — 2.5%
- Multi Commodity Exchange of India Ltd — 2.4%
- Bharat Electronics Ltd. — 2.0%
- BSE Ltd. — 1.9%
Top sectors
- Banking & Financial — 24.7%
- Software & Services — 9.5%
- Automobile — 8.9%
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|
| 2026 (partial) | −7.9% | Q3 | #28 of 52 |
| 2025 | 6.7% | Q1 (Top) | #13 of 51 |
| 2024 | 20.0% | Q2 | #23 of 51 |
| 2023 | 26.8% | Q3 | #29 of 48 |
| 2022 | −0.1% | Q3 | #33 of 43 |