Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout
Hybrid
Direct
Multi Asset Allocation
NAV: ₹ 10.2 as on 22-09-2023
Fund Performance
8 people have invested ₹ 7.9K in Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout in the last three months
About the Fund
Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout 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
- Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout has ₹328 Cr worth of assets under management (AUM) as on Aug 2023 and is less than category average.
- The fund has an expense ratio 0.4.
Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout Overview
 | 0.35% |
 Benchmark | null |
 | ₹328 Cr |
 | 23 June, 2023 |
 | ₹5000/₹500 |
 Exit Load | 0.1% |
 | No Lock-in |
 TurnOver | 0% |
Fund Distribution as on (31-Aug-23)
Credit rating breakup
AAA
100%
Sector Allocation
Cash Equivalent
58.3%
Government
32.9%
Corporate
8.8%
Top Holdings of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout as on (31-Aug-23)
Equity Holdings28
Debt Holdings7
Peer Analysis
Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout Fund Manager
Bhavesh Jain
Fund Manager of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout, since 23 June 2023
Top funds managed
Bharat Lahoti
Fund Manager of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout, since 23 June 2023
Top funds managed
Dhawal Dalal
Fund Manager of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout, since 23 June 2023
Top funds managed
Fund Highlights
Low to Moderate Risk
Investors understand that their principal will be at Low to Moderate Risk
About the fund
This fund has delivered returns of 1.87% since inception (23nd Jun 2023)
AUM size ₹328 Cr
This fund has AUM of ₹328 Cr which is less than its category average of ₹ 2060 Cr
Expense Ratio 0.35%
This fund has an expense ratio of 0.35% which is less than its category average expense ratio of 1.3%
Frequently Asked Questions
The current NAV of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout is ₹10.19 as on 22-Sep-2023.
Existing (Absolute + CAGR) as on 22-Sep-2023.
Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout | Absolute Returns | CAGR Returns |
1 Month Returns | 0.71% | 0.71% |
6 Month Returns | 0% | 0% |
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.
0.35% as on August 2023
₹328 Cr as on August 2023
7.38% Govt Stock 2027(26.38%), HDFC Bank Ltd(7.28%), National Bank For Agriculture And Rural Development(6.03%), Tata Capital Housing Finance Limited(4.04%), Hdb Financial Services Limited(3.85%) as on August 2023
Cash Equivalent(64.65%), Government(36.43%), Corporate(9.75%) as on August 2023
AAA | 100 |
Bhavesh Jain, Bharat Lahoti, Dhawal Dalal are the fund managers of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout
The Exit load of Edelweiss Multi Asset Allocation Fund- Direct Plan Idcw- Payout is 0.1%