Edelweiss Balanced Advantage Fund Direct Plan Growth
Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 51.52 as on 23-04-2024
Fund Performance
2772 people have invested ₹ 2.4Cr in Edelweiss Balanced Advantage Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 1 year, Quant Dynamic Asset Allocation Fund Direct Growth has given 61.42% return, outperforming this fund by 33.61%.
In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 26.64% return, outperforming this fund by 11.51% per annum.
In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 19.18% return, outperforming this fund by 3.19% per annum.
Over the last 6 months, this fund has experienced a 13.3% growth in AUM moving from 9.47K Cr to 10.73K Cr.
Over the last 1 month, this fund has increased expense ratio by 2.1% moving from 0.48 to 0.49.
This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.49% which is lower than the category average expense ratio of 1.14%.
INDmoney Rank of Edelweiss Balanced Advantage Fund Direct Plan Growth
Powered by IND quant engine
5
/15
23% Performance
58% Risk Management
72% Cost
5 out of 15 among dynamic asset allocation
About the Edelweiss Balanced Advantage Fund Direct Plan Growth
Edelweiss Balanced Advantage Fund Direct Plan Growth is a hybrid fund. This fund was started on 22 January, 2013. The fund is managed by Bharat Lahoti, Rahul Dedhia. This fund gives you the benefit of diversification.
Key Parameters
- Edelweiss Balanced Advantage Fund Direct Plan Growth has ₹10738 Cr worth of assets under management (AUM) as on Mar 2024 and is more than category average.
- The fund has an expense ratio 0.5.
Edelweiss Balanced Advantage Fund Direct Plan Growth Overview
 | 0.49% |
 Benchmark | null |
 | ₹10738 Cr |
 | 22 January, 2013 |
 | ₹100/₹100 |
 Exit Load | 1% |
 | No Lock-in |
 TurnOver | 117.07% |
Edelweiss Balanced Advantage Fund Direct Plan Growth Distribution as on (31-Mar-24)
Size breakup
Large cap
59.7%
Mid cap
11.8%
Small cap
3.9%
Sector Allocation
Financial Services
31.2%
Consumer Cyclical
14.2%
Energy
9.9%
Tech
8.9%
Industrial
8.2%
Consumer Defensive
6.3%
Health
6.1%
Basic Materials
5.4%
Utilities
4.6%
Communication
3.1%
Real Estate
2%
Top Holdings of Edelweiss Balanced Advantage Fund Direct Plan Growth as on (31-Mar-24)
Equity Holdings91
Debt Holdings18
Edelweiss Balanced Advantage Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 10.7K Cr as of Mar'24
- AUM increased by 115.1 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Edelweiss Balanced Advantage Fund Direct Plan Growth Fund Manager
Bharat Lahoti
Fund Manager of Edelweiss Balanced Advantage Fund Direct Plan Growth, since 18 September 2017
Top funds managed
Rahul Dedhia
Fund Manager of Edelweiss Balanced Advantage Fund Direct Plan Growth, since 23 November 2021
Top funds managed
Edelweiss Balanced Advantage Fund Direct Plan Growth Highlights
Very High Risk
Investors understand that their principal will be at Very High Risk
About the fund
This fund has delivered an average annual returns of 13.24% since inception which is more than its category average return of 11.62%
Fund Allocations
This fund has an allocation of 69.34% in Equity, 14.33% in Debt and 16.32% in Cash related instruments
AUM size ₹10738 Cr
This fund has AUM of ₹10738 Cr which is more than its category average of ₹ 8144 Cr
Expense Ratio 0.49%
This fund has an expense ratio of 0.49% which is less than its category average expense ratio of 1.38%
Frequently Asked Questions
The current NAV of Edelweiss Balanced Advantage Fund Direct Plan Growth is ₹51.52 as on 23-Apr-2024.
Existing (Absolute + CAGR) as on 23-Apr-2024.
Edelweiss Balanced Advantage Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 2.34% | 2.34% |
6 Month Returns | 16.19% | 16.19% |
1 Year Returns | 27.81% | 27.81% |
3 Years Returns | 52.61% | 15.13% |
5 Years Returns | 109.94% | 15.99% |
With INDmoney, the process of investing is very simple and involves zero commission.
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
0.49% as on March 2024
₹10738 Cr as on March 2024
HDFC Bank Ltd(4.96%), ICICI Bank Ltd(4.5%), Reliance Industries Ltd(3.64%), 7.38% Govt Stock 2027(2.35%), Edelweiss Liquid Dir Gr(2.33%) as on March 2024
Financial Services(21.63%), Cash Equivalent(13.16%), Government(9.99%) as on March 2024
AAA | 95.67 |
Bharat Lahoti, Rahul Dedhia are the fund managers of Edelweiss Balanced Advantage Fund Direct Plan Growth
The Exit load of Edelweiss Balanced Advantage Fund Direct Plan Growth is 1%