Overview
Edelweiss Balanced Advantage Fund Direct Growth
Edelweiss Mutual Fund
The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.
Investments in Edelweiss Balanced Advantage Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 55.55
Fund Size (AUM)
₹12239.77 Cr
Risk
Very High (Risk rating: 6/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
21-Jan-2013
Expense Ratio
0.51%
Exit Load
Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 days.
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Standard Deviation
8.79
History
Performance & Ratios
1-Year SIP Return
-7.57%
3-Year SIP Return
10.38%
5-Year SIP Return
12.37%
Mean Return
9.05%
Alpha
1.56
Beta
0.82
Sharpe Ratio
0.65
Sortino Ratio
1.1
Information Ratio
0.26
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 8.66% | 12.47% | 17.88% | 12.97% |
| Category Average | 7.8% | 11.08% | 14.77% | N/A |
| Rank Within Category | 27 | 15 | 5 | N/A |
Holdings (134)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| HDFC Bank Ltd. | Financial | Equity | 5.69% |
| ICICI Bank Ltd. | Financial | Equity | 5.14% |
| Reliance Industries Ltd. | Energy | Equity | 3.89% |
| Bajaj Finance Ltd. | Financial | Equity | 2.42% |
| Bharti Airtel Ltd. | Communication | Equity | 2.41% |
| Infosys Ltd. | Technology | Equity | 2.31% |
| State Bank of India | Financial | Equity | 2.11% |
| NTPC Ltd. | Energy | Equity | 2.04% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | Equity | 1.91% |
| ITC Ltd. | Consumer Staples | Equity | 1.82% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| HDFC Balanced Advantage Fund Direct Growth | 94824.34 | 10.74 | 19.79 | 0.88 | N/A |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth | 4073.23 | 9.95 | 14.24 | 0.77 | N/A |
| SBI Balanced Advantage Fund Direct Growth | 34015.41 | 9.04 | 13.96 | 0.71 | N/A |
| ICICI Prudential Balanced Advantage Direct Growth | 60591.13 | 11.47 | 13.24 | 0.92 | N/A |
| Tata Balanced Advantage Fund Direct Growth | 10075.2 | 7.56 | 12.03 | 0.36 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
Edelweiss Mutual Fund
Edelweiss Mutual Fund started their mutual fund on 30/04/2008 and its managing total assets of Rs. 9,570 Cr. Its ranked at 26 as per total assets at end of 30th Sep 2017. Edelweiss Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Edelweiss Mutual Fund is a fiduciary business of Edelweiss Group. The main aim of Edelweiss Mutual Fund is to provide excellent investment services to all its investors and they believe in setting high moral ethics for the business. They also want to set up a disciplined approach of investing for all its customers.
The asset management company follows a process oriented approach, which ultimately helps investors reach their financial goal. What works in the AMC's favor is their asset management team which is highly experienced and follows a research based methodology, when it comes to investing.
The fund house offers a bouquet of mutual funds ranging across various categories like equity, debt and hybrid and invests in various market capitalization. This approach caters to the needs of all its customers with different investment styles.
Launch Date
2008-04-30T00:00:00.720Z
Total AUM
₹ 144274.95 Cr
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Website
Sub Type
Contra
Sub Type Info
Contra funds follow Contrarian strategy which means investing in stocks in contrast to the prevailing sentiment. Minimum investment in equity is 65%.
Tax Impact
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Edelweiss Balanced Advantage Fund Direct Growth
Edelweiss Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Edelweiss Balanced Advantage Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Edelweiss Balanced Advantage Fund Direct Growth?
The top stocks held by Edelweiss Balanced Advantage Fund Direct Growth include HDFC Bank Ltd., ICICI Bank Ltd., Reliance Industries Ltd..
Which industries does Edelweiss Balanced Advantage Fund Direct Growth invest in?
Edelweiss Balanced Advantage Fund Direct Growth primarily invests in the following industries: Financial, Energy, Communication.
Who are the fund managers of Edelweiss Balanced Advantage Fund Direct Growth?
The fund managers of Edelweiss Balanced Advantage Fund Direct Growth are Bhavesh Jain and Bharat Lahoti and Rahul Dedhia and Pranavi Kulkarni.
How many years has the fund manager been managing Edelweiss Balanced Advantage Fund Direct Growth?
Bhavesh Jain:
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Bharat Lahoti:
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Rahul Dedhia:
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Pranavi Kulkarni:
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What is the minimum investment for Edelweiss Balanced Advantage Fund Direct Growth?
The minimum investment for Edelweiss Balanced Advantage Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Edelweiss Balanced Advantage Fund Direct Growth?
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What are the average 3-year returns for Edelweiss Balanced Advantage Fund Direct Growth?
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What is the expense ratio of Edelweiss Balanced Advantage Fund Direct Growth, and how does it compare to its category?
The expense ratio of Edelweiss Balanced Advantage Fund Direct Growth is 0.51%. The average expense ratio for similar funds in the Hybrid is Calculating....