MonitorDirect · GrowthWatch before adding
Edelweiss ELSS Tax Saver Fund
Edelweiss Mutual FundEquity Schemes - ELSS- Tax Saver Fund13.8 years
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.
- NAV
- 132.20
- 29 Oct 2026
- 1Y
- -2.8%
- Trailing CAGR
- Upside capture
- +99%
- Vs NIFTY 500 TRI
- Downside capture
- +97%
- Lower is better
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Three-year return is above the category median.
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Prefer peers if · Prefer WhiteOak Capital ELSS Tax Saver Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Pass
13.8 years of path to read.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.94% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Watch
Peak-to-trough -36.8%. Ask whether you can hold through a similar fall.
Vs category
Fail
23% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Pass
Raj Koradia · 2.2 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / lock-in
Watch
ELSS locks each installment for 3 years. Useful only if 80C is open on the old regime - otherwise locked equity.
Portfolio concentration
Pass
Top 10 holdings ≈ 32.4% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 37%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
ELSS lock-in
Every installment locks for 3 years. Only useful if 80C is still open on the old regime - otherwise it is locked equity, not a tax cut.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y-2.8%
- 3Y+13.4%
- 5Y+10.9%
- 10Y+12.7%
- SI+14.1%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y-3.0%
- 3Y+4.7%
- 5Y+10.6%
- 10Y+13.3%
- Since inception
- +14.1%
- Calendar-day CAGR
- Excess 1Y
- +2.9%
- Category median, same plan and option
- 3Y win rate
- +23%
- Windows beating the median
- 3Y percentile
- 84
- Vs comparable share classes
- SIP 3Y XIRR
- +4.7%
- Simulated monthly SIP
- Worst rolling 3Y
- -6.0%
- 2640 daily-ending windows
- Median rolling 3Y
- +15.8%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 2146 daily-ending windows
Official benchmark
Date-aligned against NIFTY 500 TRI. Capture ratios use common month-end observations through 30 Oct 2026.
- 1Y excess
- +4.8%
- Fund minus TRI
- 3Y excess
- +3.0%
- Fund minus TRI
- Upside capture
- +99%
- Benchmark-up months
- Downside capture
- +97%
- Lower is better
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -36.8%
- Worst peak-to-trough
- Current
- -7.2%
- Below last peak
- Current spell
- 77 days
- Days below latest peak
- Time below peak
- +87%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 16 days
- 155 recovered episodes
- Longest recovery
- 433 days
- Trough to prior peak
19 Feb 2020 – 11 Nov 2020
Trough 23 Mar 2020 · recovered in 233 days
-36.8%
6 Aug 2015 – 8 Aug 2016
Trough 25 Feb 2016 · recovered in 165 days
-18.7%
26 Sept 2024 – 12 Nov 2025
Trough 3 Mar 2025 · recovered in 254 days
-18.5%
23 Jan 2018 – 2 Jan 2020
Trough 26 Oct 2018 · recovered in 433 days
-18.3%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
84
Vs category
68
Consistency
27
Risk-adjusted
53
Drawdown
8
Mean
48
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Maximum drawdown exceeded 35%.
Supporting reads
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
Portfolio
30 Sept 2026 · 95 holdings · top 10 are 32.4%.
- Top 5
- 20.6%
- Top 10
- 32.4%
- Largest holding
- 4.8%
- Effective holdings
- 55.2
ICICI Bank Ltd
Financial
4.8%
Others CBLO
Unspecified
4.4%
HDFC Bank Ltd
Financial
4.1%
Reliance Industries Ltd
Energy & Utilities
3.8%
Bharti Airtel Ltd
Technology
3.5%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
WhiteOak Capital ELSS Tax Saver Fund
WhiteOak Capital Mutual Fund
- 1Y
- -2.1%
- 3Y
- +15.8%
- Vol
- 13.2%
- Max DD
- -16.4%
- Sharpe
- 0.79
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
- Higher trailing returns
HSBC ELSS Tax saver Fund
HSBC Mutual Fund
- 1Y
- -2.9%
- 3Y
- +15.4%
- Vol
- 15.4%
- Max DD
- -19.2%
- Sharpe
- 0.59
- 3Y win
- +100%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Canara Robeco ELSS - Tax Saver Fund
Canara Robeco Mutual Fund
- 1Y
- -5.1%
- 3Y
- +11.6%
- Vol
- 15.4%
- Max DD
- -34.3%
- Sharpe
- 0.59
- 3Y win
- +38%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Axis ELSS- Tax Saver Fund
Axis Mutual Fund
- 1Y
- -5.1%
- 3Y
- +10.7%
- Vol
- 15.2%
- Max DD
- -33.5%
- Sharpe
- 0.64
- 3Y win
- +49%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
Bajaj Finserv ELSS - Tax Saver Fund
Bajaj Finserv Mutual Fund
- 1Y
- -3.7%
- 3Y
- n/a
- Vol
- 13.1%
- Max DD
- -13.5%
- Sharpe
- 0.13
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns