Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt

Hybrid
Direct
Dynamic Asset Allocation
Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt

About the Fund

Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt is a hybrid fund. This fund was started on 28 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 Reinvestment of Inc Dis cum Cptl Wdrl Opt has ₹11721 Cr worth of assets under management (AUM) as on Jun 2024 and is more than category average.
  2. The fund has an expense ratio 0.4.

Returns

Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt has given a CAGR return of 13.03% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 23.34%, 13.34% and 16.47% respectively.

Holdings

Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Government, Consumer Cyclical, Industrial, Energy, Tech, Basic Materials, Consumer Defensive, Health, Communication, Utilities, Real Estate, Securitize.

Taxation

As it is a dynamic asset allocation mutual fund the taxation is as follows:
If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:
For short term (less than a year) capital gains will be taxed at 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
Gains up to Rs 1 lakh are exempt from taxation (more than 12 months).

Investment objective of Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt

The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accordingly invest in equities, arbitrage opportunities and derivative strategies on the one hand and debt and money market instruments on the other. The Scheme may also invest in Infrastructure Investment Trusts and Real Estate Investment Trusts. However there is no assurance that the investment objective of the Scheme will be realized.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt has no lock in period.

Fund Performance

Fund Overview

Expense ratio0.4%
Benchmark
null
AUM₹11721 Cr
Inception Date28 January, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load
1%
Lock InNo Lock-in
TurnOver
117.07%
Risk
Risk meter
pointer
Very High Risk

Fund Distribution
as on (30-Jun-24)

  • Equity 70.9%

  • Debt & Cash 29.1%

Large cap
58.7%

Mid cap
16.3%

Small cap
4.6%

Sector Allocation

Jun'24

May'24

Apr'24

Financial Services
32.8%
Consumer Cyclical
12.8%
Industrial
10.6%
Energy
9.2%
Tech
7.5%
Basic Materials
5.7%
Consumer Defensive
5.7%
Health
5%
Communication
4.4%
Utilities
4%
Real Estate
2.4%
All changes are between Oct'69 and Dec'69

Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt, since 18 September 2017
Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt, since 23 November 2021

Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt 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 13.03% since inception which is less than its category average return of 13.37%
Fund Allocations

Fund Allocations

This fund has an allocation of 70.94% in Equity, 11.68% in Debt and 17.37% in Cash related instruments
AUM size ₹11721 Cr

AUM size ₹11721 Cr

This fund has AUM of ₹11721 Cr which is more than its category average of ₹ 8521 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.32%

Frequently Asked Questions

The current NAV of Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt is ₹28.91 as on 18-Jul-2024.
Existing (Absolute + CAGR) as on 18-Jul-2024.
Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt
Absolute Returns
CAGR Returns
1 Month Returns
2.41%
2.41%
6 Month Returns
12.23%
12.23%
1 Year Returns
23.34%
23.34%
3 Years Returns
45.6%
13.34%
5 Years Returns
114.32%
16.47%
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.
0.4% as on June 2024
₹11721 Cr as on June 2024
HDFC Bank Ltd(5.75%), ICICI Bank Ltd(4.39%), Reliance Industries Ltd(3.33%), Axis Bank Ltd(2.76%), State Bank of India(2.74%) as on June 2024
Financial Services(23.28%), Cash Equivalent(17.37%), Consumer Cyclical(9.06%) as on June 2024
AAA
92.93
Bharat Lahoti, Rahul Dedhia are the fund managers of Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt
The Exit load of Edelweiss Balanced Advantage Fund Direct Plan Reinvestment of Inc Dis cum Cptl Wdrl Opt is 1%