Edelweiss Balanced Advantage Fund Direct (Ex) Growth
Hybrid
Balanced Advantage
Moderately High Risk
1M
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
Past data
NAV: 30 Dec '16
₹10.30
Min. SIP amount
Not Supported
Fund size
₹0.00 Cr
Expense ratio
0.00%
Minimum investments
Min. for 1st investment
Not Supported
Min. for 2nd investment
Not Supported
Min. for SIP
Not Supported
Understand terms
Annualised returns
Average of the yearly returns of a mutual fund over a given period.
Absolute returns
The total return of a mutual fund over a given period.
Returns and rankings
Annualised returns
Absolute returns
Name
1M
3M
6M
All
Fund returns
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Category average (Hybrid Balanced Advantage)
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Rank (Hybrid Balanced Advantage)
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Understand terms
Expense ratio
A fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company's fund assets used for administrative, management, advertising, and other expenses.
Tax
A percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit load
A fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp duty
A form of tax payable for the purchase or sale of an asset or security.
Exit load, stamp duty and tax
Exit load
Exit load of 1% if redeemed within 12 months
Stamp duty on investment: 0.005% (from July 1st, 2020)
from July 1st 2020
Tax implication
NA
About Edelweiss Balanced Advantage Fund Direct (Ex) Growth
Edelweiss Balanced Advantage Fund Direct (Ex) Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. The fund currently has an Asset Under Management(AUM) of ₹1,68,087 Cr and the Latest NAV as of 30 Dec 2016 is ₹10.30.
The Edelweiss Balanced Advantage Fund Direct (Ex) Growth is rated Moderately High risk. Minimum SIP Investment is set to ₹500. Exit load of 1% if redeemed within 12 months
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Investment Objective
The scheme seeks to generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as fixed income securities.
Fund benchmarkCRISIL Balanced Fund Aggressive Index