Edelweiss Long Term Equity Direct Plan
Scheme Type
Open-ended
Scheme Category
ELSS (Tax Savings)
Benchmark Type
Nifty 50 Index
Scheme AUM (in Crs.)
₹ 70.56
Expense Ratio
0.85%
Scheme Class
Equity
AMC AUM (in Crs.)
₹ 11862
Min Subscription
₹ 500
Min Addition Subscription
₹ 500
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
30 Apr 2008
Sponsor
NA
Email
investor.amc@edelcap.com
Phone
022 - 40979900
Address
5th Floor, One Indiabulls Centre,Tower 1, 841,Senapati Bapat Marg, Mumbai - 400 013
Tax Implications
Short Term Capital Gain (Holding period < 12months):
17.16% - 17.94%
(15% + Surcharge @ 10%-15% + 4% Health & Education Cess.)
Long Term Capital Gain:
10% without indexation & without foreign currency conversion benefit + Surcharge @10%-15% + 4% Health & Education Cess
Taxation on Dividends:
10%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
N.A.
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
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.
Suitability
This product is suitable for investors who are seeking
• to create wealth in the long term
• investment in equity and equity-related securities that will be locked-in for the first three years.
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
₹1,000
Investment per month for 0.5 Years
₹5,862
Portfolio Value
₹-138
Total Returns
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