Fund Details
Edelweiss Balanced Advantage Fund Regular Dividend Quarterly
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 2.05% |
| NAV | ₹15.37 (25 Jan 2021) |
|---|---|
| Fund Started | 20 Aug 2009 |
| Fund Size | ₹2,221 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. 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
7. Risk-adjusted returns are lower compared to the category
8. Higher expense ratio - 2.11%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| ICICI Bank Ltd. | Financial | Equity | 5.7% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 5.6% |
| HDFC Bank Ltd. | Financial | Equity | 5.0% |
| Infosys Ltd. | Technology | Equity | 3.9% |
| Reliance Industries Ltd. | Energy | Equity | 3.8% |
| Bharti Airtel Ltd. | Communication | Equity | 3.5% |
| Sun Pharmaceutical Inds. Ltd. | Healthcare | Equity | 2.9% |
| HCL Technologies Ltd. | Technology | Equity | 2.5% |
| Housing Development Finance Corpn. Ltd. | Financial | CP | 2.2% |
| Housing Development Finance Corpn. Ltd. | Financial | Equity | 1.9% |
Fund Managers
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 ₹2,221 Cr and the Latest NAV as of 25 Jan 2021 is ₹15.37.
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 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.
