Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl

Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl

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Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 10.75 as on 11-06-2024

About the Fund

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

Key Parameters

  1. Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl has ₹796 Cr worth of assets under management (AUM) as on Apr 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl has given a CAGR return of 7.46% since inception.

Holdings

Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl has allocated its funds majorly in Cash Equivalent, Financial Services, Energy, Corporate, Government, Industrial, Communication, Consumer Cyclical, Health, Utilities, Real Estate, Consumer Defensive, Basic Materials, 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 Payout Inc Dist cum Cap Wdrl

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 Payout Inc Dist cum Cap Wdrl has no lock in period.

Fund Performance
zero opening, trading, fund transfer fee
15 people have invested ₹ 7.4K in Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl in the last three months

Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
null
AUM
AUM
₹796 Cr
Inception Date
Inception Date
23 June, 2023
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0.1%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl Distribution as on (30-Apr-24)

  • Debt & Cash 100%

Credit rating breakup

AAA
100%
Sector Allocation

Apr'24

Mar'24

Feb'24

Cash Equivalent
56.5%
Corporate
23.5%
Government
20.1%

Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Apr'24
Mar'24
Feb'24
AUM
₹ 729.1 Cr
₹ 698.3 Cr
₹ 698.3 Cr
  • AUM of the fund stands at 729.1 Cr as of Apr'24
  • AUM increased by 30.8 Cr between Apr'24 and Mar'24
Fund Portfolio Changes

Top Holdings of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl as on (31-May-24)

  • Equity

  • Debt & Cash

Equity Holdings64
Debt Holdings12

Fund Manager

Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl, since 23 June 2023
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl, since 23 June 2023
Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl, since 23 June 2023

Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl 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 returns of 7.46% since inception (23nd Jun 2023)
AUM size ₹796 Cr

AUM size ₹796 Cr

This fund has AUM of ₹796 Cr which is less than its category average of ₹ 3221 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 1.21%

Frequently Asked Questions

The current NAV of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl is ₹10.75 as on 11-Jun-2024.
Existing (Absolute + CAGR) as on 11-Jun-2024.
Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
4.07%
4.07%
1 Year Returns
0%
0%
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.
0.4% as on May 2024
₹796 Cr as on May 2024
7.38% Govt Stock 2027(7.16%), HDFC Bank Ltd(5.48%), Tata Capital Housing Finance Limited(5.41%), Axis Finance Limited(4.75%), 7.06% Govt Stock 2028(4.37%) as on May 2024
Cash Equivalent(62.02%), Corporate(25.76%), Government(22.04%) as on May 2024
AAA
100
Bharat Lahoti, Bhavesh Jain, Dhawal Dalal are the fund managers of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl
The Exit load of Edelweiss Multi Asset Allocation Fund Direct Payout Inc Dist cum Cap Wdrl is 0.1%