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Edelweiss Balanced Advantage Fund Direct IDCW Quarterly+0.64%

0.00%
1 Year Return
Hybrid
Balanced Advantage
5.0star

Fund Details

Edelweiss Balanced Advantage Fund Direct IDCW Quarterly

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.52%
NAV₹19.43 (12 May 2021)
Fund Started25 Jan 2013
Fund Size3,564 Cr

Comparison

Data not available
Pros
Found nothing so far.
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Higher expense ratio - 2.29%

Fund Managers

Edelweiss Balanced Advantage Fund Direct IDCW Quarterly Details

Edelweiss Balanced Advantage Fund Direct IDCW Quarterly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 25 Jan 2013. Dhawal Dalal, Harshad Patwardhan, Gautam Kaul, Bhavesh Jain, Bharat Lahoti is the Current Fund Manager of Edelweiss Balanced Advantage Fund Direct IDCW Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹3,564 Cr and the Latest NAV as of 12 May 2021 is ₹19.43.

The Edelweiss Balanced Advantage Fund Direct IDCW Quarterly is rated Moderately High risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000. For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Investment Objective

The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.

Tax Implications

Returns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹500
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Exit Load

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About Edelweiss Mutual Fund

Address
Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
Phone
+91 22 40979900
Launch Date
30 Apr 2008
Edelweiss Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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