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Edelweiss Mutual Fund

Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option

★★★★★ 3rd-party

External rating

  • Source: Third-party data provider (Groww/CRISIL)
  • Original rating: 4/5, displayed as-is — TopFund does not modify third-party ratings
  • Refresh frequency: Whenever TopFund re-syncs this fund's data
  • Limitations: The provider's own rating methodology isn't disclosed here — see the provider's own site for their criteria

Full rating methodology →

TopFund Score: 77/100 · Good

How this score is calculated

  • Star rating (35%)4/5
  • 3Y CAGR (30%)13.21%
  • Expense ratio (20%)0.93%
  • AUM (15%)₹462 Cr

Not investment advice — an analytical read of public fund data. Methodology →

Edelweiss Mutual Fund · Equity · ELSS

₹138.1

+23.49 (+20.5%)

AUM: ₹462 Cr

NAV updated 15 days ago

Plan

Regular

Option

Growth

Risk

High

Expense Ratio

0.93%

Exit Load

Nil

Fund Manager

Harshad Patwardhan

Inception

Jan 2013

Benchmark

NIFTY 500 Total Return Index

Sharpe Ratio

-0.01

Std Dev (1Y)

14.18%

Historical Returns (CAGR)

Annualized trailing returns computed from NAV history — past performance only, not a guarantee of future results.

1m

-2.97%

3m

+6.49%

6m

+7.45%

1y

+6.42%

3y

+13.21%

5y

+12.17%

10y

+13.22%

since inception

+14.78%

TopFund's Take on Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option

Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option holds up reasonably well within the ELSS category, backed by a 4-star rating. Consistent 3-year performance combined with a strong rating makes this one of the more credible options in its space. TopFund's composite Health Score, which weighs rating, 3-year CAGR, expense ratio and fund size, puts it at 77/100.

Cost: At 0.93%, the expense ratio is meaningfully cheaper — about 12% below the ELSS category average of 1.06% (based on 157 comparable funds). Lower costs compound in your favour over long holding periods.

Risk-adjusted performance: Over the trailing 1-year period, the fund shows a negative Sharpe ratio of -0.01 — over the past year, returns haven't kept pace with the volatility involved, even before accounting for the risk-free rate. Separately, annualised volatility of 14.18% is fairly typical for ELSS funds.

Who should invest: This fund is best suited to investors looking to claim the ₹1.5 lakh Section 80C tax deduction, who are comfortable with the mandatory 3-year lock-in. The High risk rating means near-term volatility should be expected — this isn't a fund to check daily.

This is an automated, data-driven analysis based on the fund's own metrics and its category peers — not personalized investment advice. Consult a SEBI-registered advisor before investing.

Sector Allocation

Asset Allocation

Equity 99.33%
CBLO 0.73%

Frequently Asked Questions about Edelweiss ELSS Tax Saver Fund - Regular Plan - Growth Option

* Past performance is not indicative of future results. Mutual fund investments are subject to market risks.

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