Edelweiss Balanced Advantage Fund Direct Dividend Quarterly+0.64%

2Groww
0.00%
1 Year Return
Hybrid
Balanced Advantage
2.0 star

Fund Details

Edelweiss Balanced Advantage Fund Direct Dividend Quarterly

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.85%
NAV14.7 (23 Aug 2019)
Fund Started25 Jan 2013
Fund Size1,432 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Balanced Advantage Fund Direct Dividend Quarterly
NA
NA
NA
NA
Category Average
NA
NA
NA
-
Rank within category
NA
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    30
    with -11.2% annual returns

    Comparison

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    Pros
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    Cons
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    Fund Managers

    Other Details

    Edelweiss Balanced Advantage Fund Direct Dividend Quarterly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced 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 Dividend Quarterly.The fund currently has an Asset Under Management(AUM) of ₹1,432 Cr and the Latest NAV as of 23 Aug 2019 is ₹14.7.

    The Edelweiss Balanced Advantage Fund Direct Dividend Quarterly is rated Moderately High risk. Minimum SIP Investment is 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 primary objective of the Scheme will be to generate absolute returns with low volatility over a longer tenure of time. The Scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other. However, there is no assurance that the investment objective of the Scheme will be realized.

    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
    ₹1000
    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
    29 Apr 2008
    Edelweiss Mutual Fund
    Asset Management Company
    Custodian
    NA
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Invest Now
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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