Previously Known As : Edelweiss Elss Fund
Edelweiss Elss Tax Saver Fund Overview
Category ELSS (Tax Saving) Fund
BMSMONEY Rank 18
BMSMONEY Rating
Gro. Opt. As On: 11-10-2024
NAV ₹112.94(R) +0.23% ₹131.91(D) +0.24%
Returns 1Y 3Y 5Y 7Y 10Y
LumpSum (R) 38.37% 16.04% 19.78% 14.28% 13.97%
LumpSum (D) 40.7% 18.01% 21.83% 16.17% 15.54%
SIP (R) 17.46% 23.96% 22.56% 18.87% 15.7%
SIP (D) 19.49% 26.02% 24.62% 20.81% 17.42%
Ratio Sharpe Ratio Sortino Ratio Sterling Ratio Jensen's Alpha Treynor Ratio
0.84 0.44 0.83 0.63% 0.11
Risk STD. Dev VaR 1Y95% Max DD Beta Semi Devi.
12.57% -13.48% -11.83% 0.94 8.8%
Top ELSS (Tax Saving) Fund
Fund Name Rank Rating
Motilal Oswal ELSS Tax Saver Fund 1
Sbi Long Term Equity Fund 2
Hdfc Taxsaver 3
JM ELSS Tax Saver Fund 4
ITI ELSS Tax Saver Fund 5
DSP ELSS Tax Saver Fund 6
Franklin India ELSS Tax Saver Fund 7

NAV Date: 11-10-2024

Scheme Name NAV Rupee Change Percent Change
Edelweiss ELSS Tax Saver Fund - Regular Plan - IDCW Option 30.23
0.0700
0.2300%
Edelweiss ELSS Tax Saver Fund - Direct Plan - IDCW Option 44.6
0.1000
0.2200%
Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option 112.94
0.2600
0.2300%
Edelweiss ELSS Tax Saver Fund - Direct Plan-Growth Option 131.91
0.3100
0.2400%

Review Date: 11-10-2024

Edelweiss ELSS Tax saver Fund has exhibited average performance in the ELSS (Tax Saving) Fund category. The fund has rank of 18 out of 33 funds in the category. The fund has delivered return of 38.37% in 1 year, 16.04% in 3 years, 19.78% in 5 years and 13.97% in 10 years. The category average for the same periods is 38.39%, 16.85%, 21.7% and 15.3% respectively, which shows average return performance of fund in the category. The fund has exhibited standard deviation of 12.57, VaR of -13.48, Average Drawdown of -5.05, Semi Deviation of 8.8 and Max Drawdown of -11.83. The category average for the same parameters is 12.67, -14.08, -5.23, 8.83 and -12.31 respectively. The fund has low risk in the category.

Key Points:

  1. An investment of ₹10,000 in Edelweiss ELSS Tax saver Fund direct growth option would have grown to ₹14070.0 in 1 year, ₹16433.0 in 3 years and ₹26838.0 in 5 years as of today (11-10-2024).
  2. An SIP of ₹1,000 per month in Edelweiss ELSS Tax saver Fund direct growth option would have grown to ₹13232.0 in 1 year, ₹52469.0 in 3 years and ₹110401.0 in 5 years as of today (11-10-2024).
  3. standard deviation of 12.57 and based on VaR one can expect to lose more than -13.48% of current value of fund in one year.
  4. Sharpe ratio of the fund is 0.84 which shows good performance of fund in the elss (tax saving) fund category.
  5. The fund has R-square of 0.93, Beta of 0.94 and Jensen's Alpha of 0.63% which exhibit average performance in the elss (tax saving) fund category .


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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.35
0.70
-1.80 | 4.66 12 | 40 Good
3M Return % 3.89
3.56
-2.12 | 13.08 18 | 40 Good
1Y Return % 38.37
38.39
22.59 | 67.76 20 | 40 Good
3Y Return % 16.04
16.85
8.22 | 26.66 18 | 33 Good
5Y Return % 19.78
21.70
15.26 | 35.58 24 | 32 Average
7Y Return % 14.28
15.68
10.84 | 23.94 22 | 29 Average
10Y Return % 13.97
15.30
12.10 | 23.35 17 | 22 Average
15Y Return % 13.42
14.44
11.83 | 16.56 14 | 19 Average
1Y SIP Return % 17.46
16.54
0.75 | 46.53 14 | 40 Good
3Y SIP Return % 23.96
25.03
17.58 | 41.33 18 | 33 Good
5Y SIP Return % 22.56
23.98
17.13 | 33.81 21 | 32 Average
7Y SIP Return % 18.87
20.41
14.22 | 29.94 20 | 29 Average
10Y SIP Return % 15.70
17.36
12.85 | 25.34 18 | 22 Average
15Y SIP Return % 14.80
16.21
13.54 | 21.08 15 | 20 Average
Standard Deviation 12.57
12.67
9.62 | 15.47 17 | 33 Good
Semi Deviation 8.80
8.83
6.83 | 10.96 20 | 33 Average
Max Drawdown % -11.83
-12.31
-22.56 | -6.28 18 | 33 Good
VaR 1 Y % -13.48
-14.08
-20.17 | -11.38 15 | 33 Good
Average Drawdown % -5.05
-5.23
-9.24 | -2.48 17 | 33 Good
Sharpe Ratio 0.84
0.88
0.19 | 1.48 18 | 33 Good
Sterling Ratio 0.83
0.86
0.31 | 1.53 15 | 33 Good
Sortino Ratio 0.44
0.47
0.12 | 0.85 18 | 33 Good
Jensen Alpha % 0.63
1.99
-8.39 | 9.14 21 | 33 Average
Treynor Ratio 0.11
0.12
0.03 | 0.20 18 | 33 Good
Modigliani Square Measure % 18.57
19.11
8.58 | 28.03 16 | 33 Good
Alpha % -0.47
0.59
-7.52 | 9.35 17 | 33 Good
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

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KPIs* Fund Benchmark Cat. Avg Min | Max Rank (In Cat.) Performance
1M Return % 1.48 0.78 -1.64 | 4.76 11 | 41
3M Return % 4.33 3.83 -1.84 | 13.42 17 | 41
1Y Return % 40.70 39.95 24.43 | 69.77 19 | 40
3Y Return % 18.01 18.17 9.08 | 28.21 16 | 33
5Y Return % 21.83 23.07 16.24 | 37.78 22 | 32
7Y Return % 16.17 16.91 11.86 | 25.63 19 | 29
10Y Return % 15.54 16.30 12.96 | 24.62 11 | 23
1Y SIP Return % 19.49 17.90 2.33 | 48.33 12 | 40
3Y SIP Return % 26.02 26.41 19.14 | 42.98 14 | 33
5Y SIP Return % 24.62 25.36 18.06 | 35.88 16 | 32
7Y SIP Return % 20.81 21.64 15.15 | 31.85 17 | 29
10Y SIP Return % 17.42 18.35 13.82 | 26.84 14 | 23
Standard Deviation 12.57 12.67 9.62 | 15.47 17 | 33
Semi Deviation 8.80 8.83 6.83 | 10.96 20 | 33
Max Drawdown % -11.83 -12.31 -22.56 | -6.28 18 | 33
VaR 1 Y % -13.48 -14.08 -20.17 | -11.38 15 | 33
Average Drawdown % -5.05 -5.23 -9.24 | -2.48 17 | 33
Sharpe Ratio 0.84 0.88 0.19 | 1.48 18 | 33
Sterling Ratio 0.83 0.86 0.31 | 1.53 15 | 33
Sortino Ratio 0.44 0.47 0.12 | 0.85 18 | 33
Jensen Alpha % 0.63 1.99 -8.39 | 9.14 21 | 33
Treynor Ratio 0.11 0.12 0.03 | 0.20 18 | 33
Modigliani Square Measure % 18.57 19.11 8.58 | 28.03 16 | 33
Alpha % -0.47 0.59 -7.52 | 9.35 17 | 33
Return data last Updated On : Oct. 11, 2024.
Other parameters, fund ranking, non return related analysis are updated after every month end. Last Updated On : Sept. 30, 2024
KPIs: Key Performance Indicators

Investment Period Regular Direct
Return % Current Value of ₹ 10000 Return % Current Value of ₹ 10000
1D 0.23 ₹ 10,023.00 0.24 ₹ 10,024.00
1W 0.57 ₹ 10,057.00 0.60 ₹ 10,060.00
1M 1.35 ₹ 10,135.00 1.48 ₹ 10,148.00
3M 3.89 ₹ 10,389.00 4.33 ₹ 10,433.00
6M ₹ ₹
1Y 38.37 ₹ 13,837.00 40.70 ₹ 14,070.00
3Y 16.04 ₹ 15,623.00 18.01 ₹ 16,433.00
5Y 19.78 ₹ 24,659.00 21.83 ₹ 26,838.00
7Y 14.28 ₹ 25,454.00 16.17 ₹ 28,546.00
10Y 13.97 ₹ 36,981.00 15.54 ₹ 42,401.00
15Y 13.42 ₹ 66,124.00 ₹

Disclaimer: Past performance may or may not be sustained in future and should not be used as a basis for comparison with other investments. Returns for periods above 1 year are annualised.

Investment Period Invested Amount Regular Direct
XIRR % Current Value of Invested Amount XIRR % Current Value of Invested Amount
1Y ₹ 12000 17.46 ₹ 13,106.87 19.49 ₹ 13,232.46
3Y ₹ 36000 23.96 ₹ 51,014.09 26.02 ₹ 52,468.70
5Y ₹ 60000 22.56 ₹ 105,055.38 24.62 ₹ 110,400.96
7Y ₹ 84000 18.87 ₹ 164,656.30 20.81 ₹ 176,383.70
10Y ₹ 120000 15.70 ₹ 273,199.92 17.42 ₹ 299,801.76
15Y ₹ 180000 14.80 ₹ 606,444.84 ₹


Date Edelweiss Elss Tax Saver Fund NAV Regular Growth Edelweiss Elss Tax Saver Fund NAV Direct Growth
11-10-2024 112.94 131.91
10-10-2024 112.68 131.6
09-10-2024 112.98 131.94
08-10-2024 112.55 131.43
07-10-2024 110.63 129.19
04-10-2024 112.3 131.12
03-10-2024 113.15 132.11
01-10-2024 115.54 134.89
30-09-2024 115.24 134.52
27-09-2024 116.76 136.28
26-09-2024 116.83 136.36
25-09-2024 116.34 135.79
24-09-2024 116.67 136.16
23-09-2024 116.69 136.18
20-09-2024 115.79 135.11
19-09-2024 113.99 133.01
17-09-2024 114.13 133.16
16-09-2024 113.94 132.93
13-09-2024 113.51 132.4
12-09-2024 113.24 132.09
11-09-2024 111.44 129.98

Fund Launch Date: 26/Dec/2008
Fund Category: ELSS (Tax Saving) Fund
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 inperiods from a portfolio that invests predominantly in equity and equity related instruments. However, there is no assurance that theinvestment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Fund Description: An open ended equity linked savingscheme with a statutory lock in of3 years and tax benefit
Fund Benchmark: Nifty 500 TRI
Source: Fund FactSheet

Disclaimer: NO INVESTMENT ADVICE. The Content is for informational purposes only.