Edelweiss Balanced Advantage Fund Regular Dividend Quarterly+0.32%

4
6.12%
1 Year Return
Hybrid
Balanced Advantage
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Balanced Advantage Fund Regular Dividend Quarterly

RiskModerately High
Min SIP Amount₹500
Expense Ratio2.17%
NAV13.05 (07 Jul 2020)
Fund Started20 Aug 2009
Fund Size1,287 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Balanced Advantage Fund Regular Dividend Quarterly
6.1%
6.1%
5.5%
8.9%
Category Average
-2.6%
2.6%
5.3%
-
Rank within category
3
1
5
-
*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 6.1% annual returns

    Comparison

    Data not available
    Pros
    Found nothing so far.
    Cons
    1. Risk-adjusted returns are lower compared to the category
    2. Risk is higher compared to the benchmark
    3. Higher expense ratio
    4. 1Y Returns are lower than the benchmark
    5. 3Y Returns are lower than the benchmark
    6. 5Y Returns are lower than the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Reliance Industries Ltd.EnergyEquity6.9%
    Indian Oil Corpn. Ltd.EnergyCP5.8%
    Hindustan Unilever Ltd.FMCGEquity4.1%
    Housing Development Finance Corpn. Ltd.FinancialCP3.5%
    ITC Ltd.FMCGEquity3.2%
    Housing Development Finance Corpn. Ltd.FinancialEquity3.2%
    Dr. Reddy's Laboratories Ltd.HealthcareEquity3.0%
    Bharti Airtel Ltd.CommunicationEquity2.4%
    Wabco India Ltd.AutomobileEquity2.3%
    ICICI Bank Ltd.FinancialEquity2.2%
    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 Regular Dividend Quarterly Details

    Edelweiss Balanced Advantage Fund Regular Dividend Quarterly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 20 Aug 2009. Dhawal Dalal, Harshad Patwardhan is the Current Fund Manager of Edelweiss Balanced Advantage Fund Regular Dividend Quarterly fund.The fund currently has an Asset Under Management(AUM) of ₹1,287 Cr and the Latest NAV as of 07 Jul 2020 is ₹13.05.

    The Edelweiss Balanced Advantage Fund Regular Dividend 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 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
    ₹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
    Standard Chartered Bank
    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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