Name: Edelweiss Balanced Advantage Fund Direct IDCW Monthly
Brand: Edelweiss Mutual Fund

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Edelweiss Balanced Advantage Fund Direct IDCW Monthly
Hybrid
Balanced Advantage
Moderately High Risk
1M
NAV: 05 Aug 2021₹23.51
Min. SIP Amount₹500
Rating5star
Fund Size₹4,308.73 Cr
Understand termsExpense ratioA 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.
TaxA 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 loadA 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 dutyA form of tax payable for the purchase or sale of an asset or security. 
Expense ratio, exit load and taxExpense ratio: 0.48%Inclusive of GST
Exit loadFor units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns 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. 
Understand termsinfo
Minimum investment amountsMin. for 1st investment₹5,000
Min. for 2nd investment onwards₹500
Min. for SIP₹500
Fund managementNA
Fund house & investment objective
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Edelweiss Mutual Fund
Rank (total assets)#15 in India
Total AUM45,403.24 Cr
Date of Incorporation30 Apr 2008
Edelweiss Balanced Advantage Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available
Edelweiss Balanced Advantage Fund Direct IDCW Monthly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Dhawal Dalal, Harshad Patwardhan is the Current Fund Manager of Edelweiss Balanced Advantage Fund Direct IDCW Monthly fund. The fund currently has an Asset Under Management(AUM) of ₹45,403 Cr and the Latest NAV as of 05 Aug 2021 is ₹23.51.
The Edelweiss Balanced Advantage Fund Direct IDCW Monthly 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...Read more
Investment Objective
The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market inst
The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.
...Read more
Fund benchmarkCRISIL Hybrid 50+50 Moderate Index
descriptionScheme Information Document(SID)
Fund house contact details
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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
E-mail
[email protected]
Website
NA
Edelweiss Mutual Fund
Asset Management Company
Custodian
NA
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
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Min. for 1st investment	₹5,000
Min. for 2nd investment onwards	₹500

Rating	5
Fund Size	₹4,308.73 Cr

Rank (total assets)	#15 in India
Total AUM	45,403.24 Cr