GMP IPO Watch
Equity Scheme - ELSS
Edelweiss ELSS Tax Saver Fund
Direct Plan · Growth · Edelweiss Mutual Fund
Risk: Very High Risk
★★★★★
Morningstar
52W Low ₹120.79 30 Mar 2026
52W High ₹142.49 13 Aug 2026
₹136.1200
NAV as of 4 Nov 2026
+0.87% day change
Other Plans of This Fund
ISININF754K01CA8
Scheme Code118620
StructureOpen Ended Schemes
Fund HouseEdelweiss Asset Management Limited
AUM (avg. July - September 2026)₹26.73 Cr
Expense Ratio (as of 4 Nov 2026)0.92%
Min. InvestmentRs. 500/- & in multiples of Rs. 500 thereafter
Inception Date26 Dec 2008
BenchmarkNifty 500 TR Index
Portfolio Turnover27.20%
Returns
1Y
+0.67%
3Y
+14.02%
5Y
+11.12%
7Y
+14.92%
10Y
+13.40%
Since Inception
+14.29%
Annualised (CAGR) returns for periods over a year.
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Rank in Category
| Period | This Fund | Category Avg. | Rank |
|---|---|---|---|
| 1W | +3.73% | +3.66% | 31 of 51 |
| 1M | +3.97% | +2.01% | 14 of 51 |
| 3M | -3.83% | -4.19% | 28 of 51 |
| 6M | +1.25% | +0.64% | 27 of 51 |
| YTD | -1.70% | -3.56% | 26 of 51 |
| 1Y | +0.67% | -3.78% | 10 of 51 |
| 2Y | +3.61% | -0.72% | 11 of 50 |
| 3Y | +14.02% | +9.36% | 15 of 50 |
| 5Y | +11.12% | +8.11% | 24 of 43 |
| 7Y | +14.92% | +13.01% | 22 of 43 |
| 10Y | +13.40% | +8.61% | 10 of 27 |
| INCEPTION | +14.29% | — | — |
Ranked among: Equity Scheme - ELSS.
Rolling Returns
| Period | Average | Best | Worst | Positive Periods | Consistency |
|---|---|---|---|---|---|
| 3M | +3.98% | +31.26% | -33.93% | 70% | 28% |
| 6M | +7.85% | +42.13% | -32.10% | 74% | 30% |
| 1Y | +16.68% | +88.93% | -29.32% | 84% | 37% |
| 2Y | +15.43% | +50.40% | -14.79% | 95% | 42% |
| 3Y | +14.84% | +31.48% | -5.97% | 98% | 44% |
| 5Y | +14.28% | +27.79% | -1.20% | 100% | 45% |
| 7Y | +13.80% | +17.92% | +7.66% | 100% | 45% |
| 10Y | +14.46% | +16.57% | +11.39% | 100% | 46% |
Rolling returns show the average, best and worst outcome an investor would have seen entering at any point in the window.
NAV History
AUM Trend (₹ Cr, quarterly average)
Expense Ratio Trend
Portfolio · Sep 2026
Asset Allocation
- Equity95.30%
- Debt0.00%
- Cash4.70%
- Other0.00%
Market Cap Split
- Large Cap56.60%
- Mid Cap17.88%
- Small Cap20.82%
- Others4.70%
Fundamentals
| Fund | Category | |
|---|---|---|
| P/E | 24.00 | 24.23 |
| P/B | 3.57 | 3.42 |
| Price / Sales | 2.92 | 3.01 |
| Price / Cash Flow | 17.20 | 18.56 |
| Dividend Yield (%) | 1.17 | 1.15 |
Holdings93
Top 5 Stocks19.18%
Top 10 Stocks29.79%
Top 3 Sectors33.34%
Holdings · Sep 2026
| Holding | Sector | Weight | Change (1M) |
|---|---|---|---|
| ICICI Bank | Banks | 4.84% | -0.09% |
| Clearing Corporation of India Ltd. | Net Current Assets | 4.39% | — |
| HDFC Bank | Banks | 4.14% | +0.31% |
| Reliance Industries | Petroleum Products | 3.81% | -0.46% |
| Bharti Airtel | Telecom - Services | 3.45% | +0.16% |
| Larsen & Toubro | Construction | 2.94% | +0.02% |
| State Bank of India | Banks | 2.50% | -0.05% |
| MCX | Capital Markets | 2.41% | +0.11% |
| Bharat Electronics | Aerospace & Defense | 2.00% | +0.03% |
| BSE | Capital Markets | 1.94% | +0.04% |
| City Union Bank | Banks | 1.76% | +0.11% |
| Shriram Finance | Finance | 1.72% | -0.08% |
| Sun Pharmaceutical | Pharmaceuticals & Biotechnology | 1.67% | -0.02% |
| Torrent Pharmaceuticals | Pharmaceuticals & Biotechnology | 1.65% | +0.03% |
| NTPC | Power | 1.63% | +0.10% |
View all 96 holdings
| Karur Vysya Bank | Banks | 1.48% | +0.01% |
| Netweb Technologies | IT - Services | 1.48% | -0.08% |
| Ather Energy | Automobiles | 1.46% | -0.94% |
| Mahindra & Mahindra | Automobiles | 1.44% | -0.05% |
| Trent | Retailing | 1.40% | -0.03% |
| Kotak Bank | Banks | 1.25% | +0.08% |
| Credit Access Grameen | Finance | 1.25% | +0.01% |
| Tata Consultancy Services | IT - Software | 1.24% | -0.11% |
| Bharat Heavy Electricals | Electrical Equipment | 1.22% | +0.02% |
| Tech Mahindra | IT - Software | 1.20% | +0.02% |
| Axis Bank | Banks | 1.20% | +0.03% |
| IPCA Laboratories | Pharmaceuticals & Biotechnology | 1.15% | +0.06% |
| UltraTech Cement | Cement & Cement Products | 1.11% | +0.04% |
| Cholamandalam Investment | Finance | 1.11% | -0.07% |
| JSW Steel | Ferrous Metals | 1.10% | +0.04% |
| Samvardhana Motherson International | Auto Components | 1.03% | +0.04% |
| Ajanta Pharma | Pharmaceuticals & Biotechnology | 1.02% | — |
| SBI Life Insurance | Insurance | 1.02% | +0.05% |
| Gabriel | Auto Components | 1.01% | -0.57% |
| Titan | Consumer Durables | 1.01% | -0.03% |
| Persistent Systems | IT - Software | 1.00% | +0.02% |
| HCL Technologies | IT - Software | 0.99% | +0.01% |
| Coforge | IT - Software | 0.97% | -0.04% |
| Bikaji Foods International | Food Products | 0.90% | -0.10% |
| Max Healthcare Institute | Equity | 0.88% | -0.03% |
| Dixon Technologies | Consumer Durables | 0.86% | -0.04% |
| Neuland Laboratories | Pharmaceuticals & Biotechnology | 0.84% | +0.25% |
| L&T Finance | Finance | 0.81% | -0.09% |
| Infosys | IT - Software | 0.79% | -0.56% |
| Equitas Small Finance Bank | Banks | 0.77% | +0.00% |
| Sagility | IT - Services | 0.75% | — |
| Dr. Lal Path Labs | Equity | 0.73% | — |
| CEAT | Auto Components | 0.73% | +0.03% |
| Solar Industries | Chemicals & Petrochemicals | 0.72% | +0.04% |
| Power Mech Projects | Construction | 0.72% | +0.05% |
| KEI Industries | Industrial Products | 0.71% | -0.13% |
| Divis Laboratories | Pharmaceuticals & Biotechnology | 0.70% | +0.04% |
| Sumitomo Chemical | Fertilizers & Agrochemicals | 0.69% | -0.08% |
| Hindustan Unilever | Diversified FMCG | 0.69% | +0.02% |
| Bharat Dynamics | Aerospace & Defense | 0.68% | -0.05% |
| Bharat Petroleum | Petroleum Products | 0.68% | +0.01% |
| SPR Auto Technologies | Auto Components | 0.67% | +0.06% |
| PB FinTech | Financial Technology (Fintech) | 0.66% | -0.41% |
| Meesho | Retailing | 0.63% | +0.11% |
| Radico Khaitan | Beverages | 0.62% | +0.03% |
| Mphasis | IT - Software | 0.61% | -0.02% |
| Home First Finance Company | Finance | 0.61% | +0.02% |
| Endurance Technologies | Auto Components | 0.61% | +0.00% |
| Aditya Infotech | Industrial Manufacturing | 0.60% | — |
| Exide Industries | Auto Components | 0.60% | +0.01% |
| Eternal | Retailing | 0.59% | +0.03% |
| India Shelter Finance | Finance | 0.59% | +0.03% |
| Groww | Capital Markets | 0.57% | +0.02% |
| Aditya Birla Sun Life AMC | Capital Markets | 0.56% | +0.01% |
| Krishna Institute of Medical Sciences | Equity | 0.53% | +0.04% |
| Bajaj Finance | Finance | 0.52% | -0.01% |
| Hyundai Motor India | Automobiles | 0.52% | +0.00% |
| Marico | Agricultural Food & other Products | 0.51% | — |
| Hindalco Industries | Non - Ferrous Metals | 0.50% | +0.00% |
| SJS Enterprises | Auto Components | 0.48% | -0.01% |
| Federal Bank | Banks | 0.48% | -0.53% |
| Zensar Technologies | IT - Software | 0.48% | +0.00% |
| APL Apollo Tubes | Industrial Products | 0.47% | +0.02% |
| CG Power & Industrial Solutions | Electrical Equipment | 0.47% | +0.01% |
| Ashok Leyland | Agricultural, Commercial & Construction Vehicles | 0.46% | -0.52% |
| Brigade Enterprises | Realty | 0.41% | -0.03% |
| Hindustan Petroleum | Petroleum Products | 0.41% | +0.01% |
| Triveni Turbines | Electrical Equipment | 0.40% | +0.00% |
| Blue Star | Consumer Durables | 0.39% | +0.04% |
| Torrent Power | Power | 0.39% | +0.04% |
| JSW Energy | Power | 0.38% | +0.01% |
| Tata Consumer Products | Agricultural Food & other Products | 0.38% | +0.00% |
| Ujjivan Small Finance Bank | Banks | 0.32% | +0.02% |
| TVS Motors | Automobiles | 0.32% | -0.24% |
| Godrej Properties | Realty | 0.31% | -0.04% |
| Net Receivables/(Payables) | Net Current Assets | 0.31% | — |
| Canara Bank | Banks | 0.29% | +0.01% |
| GE Vernova T&D | Electrical Equipment | 0.26% | — |
| Jio Financial Services | Finance | 0.25% | -0.01% |
| SBI Funds Management | Capital Markets | 0.20% | -0.01% |
| Accrued Interest | Net Current Assets | 0.00% | — |
Sector Allocation · Sep 2026
View all 32 sectors
Risk Metrics
Standard Deviation
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 14.66 | 15.31 | Low Volatility |
| 3Y | 14.52 | 15.06 | Low Volatility |
| 5Y | 14.43 | 14.95 | Low Volatility |
What is this?
Annualized population standard deviation of daily denomination-adjusted NAV returns, multiplied by sqrt(252). Values require a full timeframe of NAV history.
Sharpe Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | -0.38 | -0.64 | Above Average |
| 3Y | 0.52 | 0.25 | Above Average |
| 5Y | 0.40 | 0.20 | Above Average |
What is this?
Annualized Sharpe ratio calculated from month-end NAV returns using the latest available FBIL Overnight MIBOR rate as the risk-free rate. For schemes with less than three years of history, the 3Y value uses since-inception data. Applied risk-free rate: 5.73% (published 2026-10-28).
Sortino Ratio
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 0.17 | -0.25 | Above Average |
| 3Y | 1.39 | 0.95 | Above Average |
| 5Y | 1.13 | 0.83 | Above Average |
What is this?
Annualized from daily NAV returns using a 0.00% minimum acceptable return; downside deviation includes only returns below this target.
Beta
| Period | Fund | Category | |
|---|---|---|---|
| 1Y | 1.00 | 0.97 | Poor Risk Adjusted Returns |
| 3Y | 1.01 | 0.96 | Poor Risk Adjusted Returns |
| 5Y | 0.98 | 0.95 | Poor Risk Adjusted Returns |
What is this?
This value gives idea about how volatile fund performance has been compared to similar funds in the market. Lower beta implies the fund gives more predictable performance compared to similar funds in the market.
Compare With Peers
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Quant ELSS Tax Saver Fund
Regular Plan · IDCW Option
|
+7.29% | +14.05% | +12.86% | +6.96% |
|
BANK OF INDIA MID CAP TAX FUND SERIES 1
Direct Plan · IDCW
|
+5.64% | +14.68% | +11.35% | +13.71% |
|
JM ELSS - Tax Saver Fund
Regular Plan · IDCW Option
|
+1.79% | +14.74% | +11.28% | +8.95% |
|
BANK OF INDIA MID CAP TAX FUND Series 2
Direct Plan · IDCW
|
+1.69% | +13.49% | +10.51% | +17.18% |
|
WhiteOak Capital ELSS Tax Saver Fund
Direct Plan · IDCW Option
|
+0.68% | +16.26% | — | +16.99% |
|
HSBC ELSS Tax saver Fund
Regular Plan · Growth
|
+0.17% | +15.10% | — | +14.46% |
|
BANK OF INDIA ELSS TAX SAVER FUND
Regular Plan · IDCW
|
-0.32% | +11.18% | +9.76% | +6.87% |
|
Kotak ELSS Tax Saver Fund
Regular Plan · Payout of Income Distribution cum capital withdrawal option
|
-0.70% | +10.74% | +10.15% | +5.94% |
|
Sundaram Long Term Tax Advantage Fund Series III
Regular plan · Growth
|
-0.77% | +9.49% | +13.59% | +13.22% |
|
Bajaj Finserv ELSS - Tax Saver Fund
Regular Plan · IDCW
|
-1.09% | — | — | +7.56% |
More From Edelweiss Asset Management Limited
| Scheme | 1Y | 3Y | 5Y | Since Inception |
|---|---|---|---|---|
|
Edelweiss US Value Equity Offshore Fund
Direct Plan · Growth
|
+29.74% | +21.68% | +14.03% | +13.46% |
| Edelweiss Silver ETF | +26.32% | — | — | +35.41% |
|
Edelweiss Gold and Silver ETF FOF
Direct Plan · Growth
|
+23.25% | +34.17% | — | +30.69% |
|
Edelweiss Emerging Markets Opportunities Equity Offshore Fund
Direct Plan · Growth
|
+22.43% | +25.06% | +9.43% | +11.36% |
|
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund
Direct Plan · Growth
|
+20.88% | +21.50% | +14.91% | +16.74% |
|
Edelweiss Recently Listed IPO Fund
Direct Plan · Growth
|
+20.01% | +17.71% | +10.98% | +15.60% |
| Edelweiss Gold ETF | +16.79% | — | — | +31.46% |
|
Edelweiss Europe Dynamic Equity Offshore Fund
Direct Plan · Growth
|
+16.72% | +25.29% | +14.57% | +13.15% |
|
Edelweiss ASEAN Equity Off-shore Fund
Direct Plan · Growth
|
+6.68% | +14.36% | +7.41% | +8.53% |
|
Edelweiss Equity Savings Fund
Direct Plan · Growth
|
+6.67% | +11.23% | +9.52% | +10.47% |
About This Scheme
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.
Stated Asset Allocation
1. Equity & Equity related instruments (including REITs) - 80%-100% 2. Short Term Debt & Money Market Instruments - 0%-20% Please refer the Scheme Information Document for more details.
Exit Load
NIL
Fund Managers
Mr. Ashwani Agarwalla; Mr. Trideep Bhattacharya; Mr. Raj Koradia
Mr. Ashwani Agarwalla - Primary; Mr. Trideep Bhattacharya - Co-Manage; Mr. Raj Koradia - Assistant Fund Manager
Official Documents
Scheme Information Document (PDF)
Scheme Summary (PDF)
Scheme Summary (XLS)
Edelweiss Asset Management Limited website
Mutual fund investments are subject to market risks. Read all scheme related documents carefully. Past performance is not indicative of future returns. Data is sourced from AMFI and fund houses via FinAPI and may lag official figures.