Hybrid
Direct
Multi Asset Allocation
NAV as on 03-12-2024
₹ 11.2
▲0.1%
1D
Inception Returns
8%
/yr
Edelweiss Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 23 June, 2023. The fund is managed by Bharat Lahoti, Bhavesh Jain, Rahul Dedhia. This fund gives you the benefit of diversification.
Edelweiss Multi Asset Allocation Fund Direct Growth has given a CAGR return of 8.03% since inception. Over the last 1 year the fund has given a CAGR return of 8.55%.
Edelweiss Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Financial Services, Energy, Corporate, Tech, Industrial, Communication, Health, Consumer Cyclical, Basic Materials, Consumer Defensive, Real Estate, Utilities.
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 benefitGains up to Rs 1 lakh are exempt from taxation (more than 12 months).
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 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.
Expense ratio | 0.4% |
Benchmark | null |
AUM | ₹1350 Cr |
Inception Date | 23 June, 2023 |
Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.1% |
Lock In | No Lock-in |
TurnOver | 111.37% |
STCG | Selling within 36 months, gains taxed at slab rates. |
LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
Risk | Low to Moderate Risk |
as on (03-Dec-24)
as on (31-Oct-24)
Top 3 Sectors in October were Government, Financial Services & Corporate
Edelweiss Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.68% | 0.68% |
6 Month Returns | 4.24% | 4.24% |
1 Year Returns | 8.55% | 8.55% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
AAA | 100 |