Edelweiss Balanced Advantage Fund Direct Plan Growth

Edelweiss Balanced Advantage Fund Direct Plan Growth

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Hybrid
Direct
Dynamic Asset Allocation
NAV: ₹ 50.5 as on 20-02-2024
Fund Performance
zero opening, trading, fund transfer fee
2645 people have invested ₹ 2.1Cr in Edelweiss Balanced Advantage Fund Direct Plan Growth in the last three months

Mutual Fund Insights

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In the last 5 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 20.8% return, outperforming this fund by 4.04% per annum.
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In the last 1 year, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 40.69% return, outperforming this fund by 15.45%.
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Over the last 15 months, this fund has increased expense ratio by 10.6% moving from 0.47 to 0.52.
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In the last 3 years, HDFC Balanced Advantage Fund Direct Plan Growth Option has given 24.09% return, outperforming this fund by 10.07% per annum.
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This fund has one of the lowest expense ratio in the category (dynamic asset allocation). Its expense ratio is 0.52% which is lower than the category average expense ratio of 1.15%.

INDmoney Rank of Edelweiss Balanced Advantage Fund Direct Plan Growth

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6
/14
23% Performance
50% Risk Management
79% Cost
6 out of 14 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

  1. Edelweiss Balanced Advantage Fund Direct Plan Growth has ₹10349 Cr worth of assets under management (AUM) as on Jan 2024 and is more than category average.
  2. The fund has an expense ratio 0.5.

Edelweiss Balanced Advantage Fund Direct Plan Growth Overview

Expense ratio
Expense ratio
0.52%
Benchmark
Benchmark
null
AUM
AUM
₹10349 Cr
Inception Date
Inception Date
22 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
117.07%

Edelweiss Balanced Advantage Fund Direct Plan Growth Distribution as on (31-Jan-24)

  • Equity 72.7%

  • Debt & Cash 27.3%

Size breakup

Large cap
58.2%
Mid cap
15.6%
Small cap
4.6%
Sector Allocation

Jan'24

Dec'23

Nov'23

Financial Services
30.6%
Consumer Cyclical
15.1%
Tech
9.9%
Industrial
9.6%
Consumer Defensive
9%
Energy
8.5%
Health
4.6%
Basic Materials
4.1%
Utilities
4%
Communication
2.7%
Real Estate
1.7%

Top Holdings of Edelweiss Balanced Advantage Fund Direct Plan Growth as on (31-Jan-24)

  • Equity

  • Debt & Cash

Equity Holdings102
Debt Holdings16

Edelweiss Balanced Advantage Fund Direct Plan Growth: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Jan'24
Dec'23
Nov'23
AUM
₹ 10.3K Cr
₹ 10.2K Cr
₹ 9.7K Cr
  • AUM of the fund stands at 10.3K Cr as of Jan'24
  • AUM increased by 146.1 Cr between Jan'24 and Dec'23
Fund Portfolio Changes

Edelweiss Balanced Advantage Fund Direct Plan Growth Fund Manager

Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Balanced Advantage Fund Direct Plan Growth, since 18 September 2017
Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Balanced Advantage Fund Direct Plan Growth, since 23 November 2021

Edelweiss Balanced Advantage Fund Direct Plan Growth Highlights

Risk meter
pointer

Very High Risk

Investors understand that their principal will be at Very High Risk
About the fund

About the fund

This fund has delivered an average annual returns of 13.3% since inception which is more than its category average return of 12.19%
Fund Allocations

Fund Allocations

This fund has an allocation of 72.69% in Equity, 14.86% in Debt and 12.45% in Cash related instruments
AUM size ₹10349 Cr

AUM size ₹10349 Cr

This fund has AUM of ₹10349 Cr which is more than its category average of ₹ 8132 Cr
Expense Ratio 0.52%

Expense Ratio 0.52%

This fund has an expense ratio of 0.52% which is less than its category average expense ratio of 1.35%

Frequently Asked Questions

The current NAV of Edelweiss Balanced Advantage Fund Direct Plan Growth is ₹50.47 as on 20-Feb-2024.
Existing (Absolute + CAGR) as on 20-Feb-2024.
Edelweiss Balanced Advantage Fund Direct Plan Growth
Absolute Returns
CAGR Returns
1 Month Returns
3.81%
3.81%
6 Month Returns
15.15%
15.15%
1 Year Returns
25.25%
25.25%
3 Years Returns
48.25%
14.02%
5 Years Returns
117.04%
16.76%
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0.52% as on January 2024
₹10349 Cr as on January 2024
HDFC Bank Ltd(5.35%), ICICI Bank Ltd(4.61%), Reliance Industries Ltd(3.62%), Infosys Ltd(2.71%), 7.38% Govt Stock 2027(2.44%) as on January 2024
Financial Services(22.28%), Cash Equivalent(13.58%), Consumer Cyclical(10.96%) as on January 2024
AAA
94.17
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%