Edelweiss Balanced Advantage Fund Direct Dividend Monthly+0.64%

3
0.00%
1 Year Return
Hybrid
Balanced Advantage
3.0star

Fund Details

Edelweiss Balanced Advantage Fund Direct Dividend Monthly

RiskModerately High
Min SIP Amount₹500
Expense Ratio0.69%
NAV18.73 (07 Jul 2020)
Fund Started28 Aug 2017
Fund Size1,287 Cr

Comparison

Data not available
Pros
Found nothing so far.
Cons
Found nothing so far.

Fund Managers

Edelweiss Balanced Advantage Fund Direct Dividend Monthly Details

Edelweiss Balanced Advantage Fund Direct Dividend Monthly is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 28 Aug 2017. Dhawal Dalal, Harshad Patwardhan is the Current Fund Manager of Edelweiss Balanced Advantage Fund Direct Dividend Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹1,287 Cr and the Latest NAV as of 07 Jul 2020 is ₹18.73.

The Edelweiss Balanced Advantage Fund Direct Dividend 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

Investment Objective

The primary objective of the Scheme will be to generate absolute returns with low volatility over a longer tenure of time. The Scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other. However, there is no assurance that the investment objective of the Scheme will be realized.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹500
Min for Second Investment
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Exit Load

Compare Funds

Edelweiss Balanced Advantage Fund Direct Dividend Monthly
VS
search

About Edelweiss Mutual Fund

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
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,
Similar Funds
Data not available