Edelweiss Balanced Advantage Fund Direct Growth-0.07%

14.48%
1 Year Return
Hybrid
Balanced Advantage
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Balanced Advantage Fund Direct Growth

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.69%
NAV29.02 (22 Oct 2020)
Fund Started21 Jan 2013
Fund Size1,585 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Balanced Advantage Fund Direct Growth
14.5%
8.6%
8.9%
11.2%
Category Average
6.1%
4.2%
6.4%
-
Rank within category
3
1
3
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 14.5% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the category average returns
    2. 3Y Returns are higher than the category average returns
    3. 5Y Returns are higher than the category average returns
    Cons
    1. Risk-adjusted returns are lower compared to the category

    Top Holdings

    NameSectorInstrument% Assets
    HDFC Bank Ltd.FinancialFutures4.6%
    Infosys Ltd.TechnologyEquity4.2%
    ICICI Bank Ltd.FinancialEquity3.8%
    HCL Technologies Ltd.TechnologyEquity3.0%
    Reliance Industries Ltd.EnergyEquity2.8%
    Reliance Industries Ltd - Partly Paid EquityEnergyPPE2.8%
    Bharti Airtel Ltd.CommunicationEquity2.6%
    Tata Consultancy Services Ltd.TechnologyEquity2.2%
    Housing Development Finance Corpn. Ltd.FinancialEquity1.8%
    LIC Housing Finance Ltd.FinancialNCD1.6%
    See All

    Fund Managers

    addGautam Kaul
    Education
    Mr. Kaul is a B.Com (H) and MBA (Finance).
    Experience
    Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
    Funds Managed
    addBhavesh Jain
    Education
    Mr. Jain is a MMS (Finance) from Mumbai University.
    Experience
    He brings considerable experience in Equity Markets to Edelweiss Securities Limited.
    Funds Managed
    addBharat Lahoti
    Education
    Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
    Experience
    Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
    Funds Managed

    Edelweiss Balanced Advantage Fund Direct Growth Details

    Edelweiss Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 21 Jan 2013. Dhawal Dalal, Harshad Patwardhan is the Current Fund Manager of Edelweiss Balanced Advantage Fund Direct Growth fund.The fund currently has an Asset Under Management(AUM) of ₹1,585 Cr and the Latest NAV as of 22 Oct 2020 is ₹29.02.

    The Edelweiss Balanced Advantage Fund Direct Growth 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

    Compare Funds

    Edelweiss Balanced Advantage Fund Direct Growth
    VS
    search

    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
    Standard Chartered Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
    Similar Funds
    Data not available