Edelweiss ELSS Tax Saver Fund
Direct · GrowthAI Summary
Edelweiss ELSS Tax Saver Fund has delivered a 3Y SIP XIRR of 15.97% and 5Y XIRR of 15.89%, outperforming the category average of 14.56% and 16.78% respectively. Over longer horizons, the fund trails the category, with a 10Y XIRR of 15.12% versus the category's 15.78% and a 12Y XIRR of 14.72% versus 15.35%. The 1Y XIRR of 12.03% is notably ahead of the category's 9.59%, indicating recent relative strength.
The fund's maximum drawdown of -0.37% with a 33-day duration and 233-day recovery suggests the measured window captured a mild drawdown period, though 8 drawdown events exceeding 10% indicate meaningful interim volatility over its history. Calmar ratios between 0.37 and 0.45 across horizons reflect moderate risk-adjusted efficiency. Calendar year returns show wide dispersion, ranging from -7.4% in 2018 to 40.95% in 2014, typical of an equity fund.
Portfolio holdings and sector allocation data were not provided in this dataset, so specific concentration and diversification observations cannot be made. Investors should review the fund's latest factsheet to assess top holdings and sector exposure. As an ELSS fund, it must maintain at least 80% equity exposure per the mandate.
The fund shows a mixed positioning versus peers: it beats the category on 1Y and 3Y SIP XIRR but lags on 5Y, 7Y, 10Y, and 12Y horizons. Calendar year performance has been inconsistent, with strong years like 2023 (28.35%) and 2024 (22.04%) offset by weak years like 2026 (-6.88%) and 2022 (0.38%). This suggests the fund is capable of outperformance but has not sustained it over the longest periods.
This fund suits investors seeking Section 80C tax benefits with a long-term equity allocation, given the mandatory 3-year lock-in on ELSS investments. A horizon of 7 years or more is appropriate to ride out volatility, as seen in years like 2018 and 2026. It is best for investors with moderate-to-high risk tolerance who accept inconsistency in annual returns in exchange for competitive mid-horizon SIP returns.
- 3Y SIP XIRR of 15.97% outpaces the category average of 14.56%, and the 1Y XIRR of 12.03% exceeds the category's 9.59%
- Low expense ratio of 0.67% for a Direct plan, which supports net returns over time
- Strong recent calendar year performance, including 28.35% in 2023 and 22.04% in 2024
- Long-term SIP XIRR trails the category, with the 10Y figure at 15.12% versus the category's 15.78% and the 12Y at 14.72% versus 15.35%
- Inconsistent calendar year returns, including -6.88% in 2026, -7.4% in 2018, and 0.38% in 2022, indicate uneven performance
Generated on 27-10-2026, 2:13 AM. Verify before investing.
Gives more importance to longer time periods (10Y, 20Y) than shorter ones (1Y, 3Y). This balances out recent outperformance and gives a more realistic picture of what long-term returns might look like.
The largest peak-to-trough decline in the fund's NAV. Shows the worst-case loss an investor would have experienced at any point in the fund's history.
If you invested ₹1,00,000 every month via SIP, here's how this fund has historically performed across different time horizons.
| Duration | Invested | Median Value | XIRR | Min XIRR | Max XIRR |
|---|---|---|---|---|---|
| 1 Year | ₹12.00 L | ₹12.78 L | 17.3% | -55.2% | 89.0% |
| 3 Years | ₹36.00 L | ₹44.51 L | 14.5% | -20.9% | 32.7% |
| 5 Years | ₹60.00 L | ₹86.84 L | 14.4% | -8.5% | 27.5% |
| 7 Years | ₹84.00 L | ₹1.42 Cr | 14.6% | -1.4% | 22.4% |
| 10 Years | ₹1.20 Cr | ₹2.63 Cr | 15.1% | 12.0% | 18.6% |
| 12 Years | ₹1.44 Cr | ₹3.69 Cr | 14.8% | 12.6% | 17.1% |
SIP returns vs benchmark & category
Annualised SIP return (XIRR) over each rolling horizon — like-for-like, not lump-sum.
| Duration | Fund SIP XIRR | Category avg |
|---|---|---|
| 1 Year | 17.3% | 9.6% |
| 3 Years | 14.5% | 14.5% |
| 5 Years | 14.4% | 16.8% |
| 7 Years | 14.6% | 15.8% |
| 10 Years | 15.1% | 15.8% |
| 12 Years | 14.8% | 15.3% |
| Duration | Mean | Median | Min | Max | Sharpe | Sortino | % Positive | Cat. Mean | Cat. Median |
|---|---|---|---|---|---|---|---|---|---|
| 1 Year | 16.7% | 12.8% | -29.3% | 88.9% | 0.56 | 1.76 | 84% | — | — |
| 3 Years | 14.8% | 15.8% | -6.0% | 31.5% | 1.39 | 5.15 | 98% | — | — |
| 5 Years | 14.3% | 14.2% | -1.2% | 27.8% | 1.57 | 9.31 | 100% | — | — |
| 10 Years | 14.5% | 14.4% | 11.4% | 16.6% | 6.92 | — | 100% | — | — |