Edelweiss Multi Asset Allocation Fund Direct Growth

Hybrid
Direct
Multi Asset Allocation
Edelweiss Multi Asset Allocation Fund Direct Growth

About the Fund

Edelweiss Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 23 June, 2023. The fund is managed by Bhavesh Jain, Bharat Lahoti, Dhawal Dalal. This fund gives you the benefit of diversification.

Key Parameters

  1. Edelweiss Multi Asset Allocation Fund Direct Growth has ₹981 Cr worth of assets under management (AUM) as on Jun 2024 and is less than category average.
  2. The fund has an expense ratio 0.3.

Returns

Edelweiss Multi Asset Allocation Fund Direct Growth has given a CAGR return of 8.01% since inception. Over the last 1 year the fund has given a CAGR return of 7.95%.

Holdings

Edelweiss Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Corporate, Energy, Government, Industrial, Consumer Cyclical, Communication, Health, Basic Materials, Real Estate, Consumer Defensive, Utilities, Tech.

Taxation

As it is a multi 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 Multi Asset Allocation Fund Direct Growth

To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum Investment and lockin period

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Multi Asset Allocation Fund Direct Growth has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
214 people have invested ₹ 76.3L in Edelweiss Multi Asset Allocation Fund Direct Growth in the last three months

Fund Overview

Expense ratio0.31%
Benchmark
null
AUM₹981 Cr
Inception Date23 June, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
0%
Risk
Risk meter
pointer
Low to Moderate Risk

Fund Distribution
as on (30-Jun-24)

  • Debt & Cash 100%

AAA
100%

Sector Allocation

Jun'24

May'24

Apr'24

Cash Equivalent
55.8%
Corporate
25.6%
Government
18.5%
All changes are between Oct'69 and Dec'69

Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Growth, since 23 June 2023
Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Growth, since 23 June 2023
Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Growth, since 23 June 2023

Edelweiss Multi Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.01% since inception which is less than its category average return of 13.81%
AUM size ₹981 Cr

AUM size ₹981 Cr

This fund has AUM of ₹981 Cr which is less than its category average of ₹ 3538 Cr
Expense Ratio 0.31%

Expense Ratio 0.31%

This fund has an expense ratio of 0.31% which is less than its category average expense ratio of 1.25%

Frequently Asked Questions

The current NAV of Edelweiss Multi Asset Allocation Fund Direct Growth is ₹10.86 as on 19-Jul-2024.
Existing (Absolute + CAGR) as on 19-Jul-2024.
Edelweiss Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.9%
0.9%
6 Month Returns
4.17%
4.17%
1 Year Returns
7.95%
7.95%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
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.
0.31% as on June 2024
₹981 Cr as on June 2024
Hdb Financial Services Limited(7.65%), 7.38% Govt Stock 2027(6.7%), 7.37% Govt Stock 2028(6.2%), Tata Capital Housing Finance Limited(5.05%), Axis Finance Limited(4.46%) as on June 2024
Cash Equivalent(56.39%), Corporate(25.89%), Government(18.72%) as on June 2024
AAA
100
Bhavesh Jain, Bharat Lahoti, Dhawal Dalal are the fund managers of Edelweiss Multi Asset Allocation Fund Direct Growth
The Exit load of Edelweiss Multi Asset Allocation Fund Direct Growth is 0.1%