Fund Details
Edelweiss Balanced Advantage Fund Regular (Ex) Growth
| Risk | Moderately High |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 2.68% |
| NAV | ₹11.94 (20 Sep 2017) |
|---|---|
| Fund Started | 09 Apr 2015 |
| Fund Size | ₹55 Cr |
Returns
Comparison
1. 1Y Returns are higher than the benchmark
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Risk-adjusted returns are lower compared to the category
3. Risk is higher compared to the benchmark
4. Higher expense ratio
5. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
6. Higher expense ratio - 2.68%
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| CBLO(CCIL) | Current Assets | Money Market | 17.0% |
| 9.8 Ecl Finance Ltd. Dec 31 2020 | Financial Services | Debentures | 9.5% |
| 9 Muthoot Finance Ltd. Jan 30 2020 | Financial Services | Debentures | 9.3% |
| HDFC Bank Ltd. | Financial Services | Futures | 6.8% |
| Housing Development Finance Corporation Ltd. | Financial Services | Equity | 5.4% |
| Reliance Industries Ltd. | Energy | Equity | 4.8% |
| ITC Ltd. | Consumer Goods | Equity | 4.0% |
| Kotak Mahindra Bank Ltd. | Financial Services | Equity | 3.8% |
| ICICI Bank Ltd. | Financial Services | Equity | 3.7% |
| Century Textiles & Industries Ltd. | Cement & Cement Products | Equity | 3.6% |
Fund Managers
Edelweiss Balanced Advantage Fund Regular (Ex) Growth Details
Edelweiss Balanced Advantage Fund Regular (Ex) Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 09 Apr 2015. Dhawal Dalal, Harshad Patwardhan is the Current Fund Manager of Edelweiss Balanced Advantage Fund Regular (Ex) Growth fund.The fund currently has an Asset Under Management(AUM) of ₹55 Cr and the Latest NAV as of 20 Sep 2017 is ₹11.94.
The Edelweiss Balanced Advantage Fund Regular (Ex) Growth is rated Moderately High risk. Minimum SIP Investment is set to 1000. Exit load of 1% if redeemed within 12 months
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.
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.
