Fund Details
Edelweiss Balanced Advantage Fund Regular IDCW Quarterly
| Risk | High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 1.93% |
| NAV | ₹15.80 (12 May 2021) |
|---|---|
| Fund Started | 20 Aug 2009 |
| Fund Size | ₹3,564 Cr |
Returns
Comparison
1. Age is more than 10 years
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. 10Y Returns are higher than the category average returns
1. Higher expense ratio - 1.93%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Axis Bank Ltd. | Financial | CD | 6.0% |
| Vedanta Ltd. | Metals | Equity | 6.0% |
| ICICI Bank Ltd. | Financial | Equity | 5.5% |
| Infosys Ltd. | Technology | Equity | 4.7% |
| HDFC Bank Ltd. | Financial | Equity | 3.9% |
| Bharti Airtel Ltd. | Communication | Equity | 3.2% |
| Tata Steel Ltd. | Metals | Equity | 2.8% |
| State Bank of India | Financial | Equity | 2.8% |
| Reliance Industries Ltd - Partly Paid Equity | Energy | PPE | 2.7% |
| HCL Technologies Ltd. | Technology | Equity | 2.2% |
Fund Managers
Edelweiss Balanced Advantage Fund Regular IDCW Quarterly Details
Edelweiss Balanced Advantage Fund Regular IDCW 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 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 ₹15.80.
The Edelweiss Balanced Advantage Fund Regular IDCW Quarterly is rated 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.
