- Mutual Funds
- Edelweiss Balanced Advantage Fund - Dir (IDCW-M)
Edelweiss Balanced Advantage Fund - Dir (IDCW-M)
Dynamic Asset Allocation or Balanced Advantage
- NAV 24.22 (0%)
- Fund Size (Cr) ₹9338.02
- Expense Ratio 0.48
- Scheme Type Active Fund
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Value Research
- Minimum investment ₹100
- Minimum Additional Investment ₹100
- Minimum SIP Investment ₹100
- Minimum Withdrawal ₹1
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Exit Load
0%
- Return Since Launch 12.10%
Basic Details
Bhavesh Jain
Nifty 50 Hybrid Composite Debt 50:50 Index
OPEN
Lumpsum Returns
SIP Returns
Tax Treatment
If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.
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Risk Ratios
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Standard Deviation
2.35% -
Beta
0.54% -
Sharpe Ratio
1.90% -
Treynor’s Ratio
2.36% -
Jension’s Alpha
5.56%
Asset Allocation
There is no Asset Allocation data.
Sector Allocation
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Top 10 stock holding in portfolio
Peer Comparison
- Scheme Name
- Value Research
- Asset Size (Cr)
- 1M
- 3M
- 6M
- 1Y
- 3Y
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Edelweiss Balanced Advantage Fund - Dir (IDCW-M)
- 9338.02
- 3.88%
- 3.87%
- 9.11%
- 11.95%
- 14.31%
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Motilal Oswal Balance Advantage Fund-Dir (G)
- 786.42
- 3.06%
- 5.35%
- 23.48%
- 24.17%
- 12.11%
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Motilal Oswal Balance Advantage Fund-Dir (IDCW-Q)
- 786.42
- 3.06%
- 5.35%
- 23.47%
- 24.17%
- 12.05%
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Motilal Oswal Balance Advantage Fund-Dir (IDCW-A)
- 786.42
- 3.06%
- 5.35%
- 23.48%
- 24.17%
- 12.12%
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HDFC Balanced Advantage Fund - Direct (IDCW)
- 63980.65
- 5.91%
- 7.75%
- 17.87%
- 22.73%
- 25.88%
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HDFC Balanced Advantage Fund - Direct (G)
- 63980.65
- 5.91%
- 7.75%
- 17.87%
- 22.72%
- 26.52%
News
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Edelweiss MF Announces IDCW & Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Edelweiss Mutual Fund has announced 28 November 2023 as the record date for declaration of IDCW on the face value of Rs 10 per unit under the following schemes. The amount IDCW (Rs. per unit) will be:
Edelweiss Aggressive Hybrid Fund ? Regular Plan ? IDCW Option & Direct Plan ? IDCW Option: Rs. 0.17 each.
Edelweiss Balanced Advantage Fund ? Regular Plan ? Monthly IDCW Option & Direct Plan ? Monthly IDCW Option: Rs. 0.15 each.
Edelweiss Equity Savings Fund ? Regular Plan ? Monthly IDCW Option & Direct Plan ? Monthly IDCW Option: Rs. 0.08 each.
Powered by Capital Market - Live News
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Edelweiss MF Announces change in scheme name
Edelweiss Mutual Fund has announced change in scheme name under the following scheme, with effect from 01 December 2023:
Change in the name of the Scheme:
Existing Name Revised Name Edelweiss Long Term Equity Fund (Tax Savings) Edelweiss ELSS Tax saver Fund Powered by Capital Market - Live News
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Edelweiss MF Announces change in scheme name
Edelweiss Mutual Fund has announced change in scheme name under the following scheme, with effect from 15 December 2023:
Change in the Scheme Name:
Existing Name Revised Name Edelweiss Focused Equity Fund Edelweiss Focused Fund Powered by Capital Market - Live News
Fund House Details & Investment Objective
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Date of Incorporation
14-Aug-2017
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Total AUM (Cr)
₹9338.02
Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is an Dynamic Asset Allocation or Balanced Advantage-oriented fund from the renowned AMC, Edelweiss Mutual Fund. Launched in Aug 2017, this fund is managed by Bhavesh Jain. With assets under management (AUM) worth ₹9338.02 (Cr), as of 29-Nov-2023, Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is categorized as a Dynamic Asset Allocation or Balanced Advantage within its segment. The fund has generated a return of 12.10% since its launch.
The current NAV of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is ₹24.22, as on 29-Nov-2023. The fund’s benchmark index is Nifty 50 Hybrid Composite Debt 50:50 Index. You can invest in Edelweiss Balanced Advantage Fund - Dir (IDCW-M) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
10% of the units alloted shall be redeemed without any Exit Load on or before completion of 90 days from the date of allotment shall be subject to the following Exit Load: 1.00% - If redeemed or switched out before completion of 90 days from the date of alotment. Nil - If redeemed or switched out after 90 days from the date of allotment.
The fund has generated 14.31% and 13.77% CAGR in the last 3 and 5 years respectively.
The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 72.76% in Equity, 26.12% in Debt and 1.12% in cash and cash equivalents
The top 5 sectors the fund invests in are: 23.54% in Debt, 21.10% in Banks, 7.18% in IT-Software, 5.72% in Petroleum Products and 4.25% in Finance.
FAQs on Edelweiss Balanced Advantage Fund - Dir (IDCW-M)
Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is a popular fund in the Dynamic Asset Allocation or Balanced Advantage segment. The fund has generated a return of 12.10% since inception. Looking to invest in Edelweiss Balanced Advantage Fund - Dir (IDCW-M)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is super easy and convenient with m.Stock. Here’s how you can begin:
- Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
- In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
- In the search bar, enter the fund name, in this case, Edelweiss Balanced Advantage Fund - Dir (IDCW-M)
- On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
- If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
- If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.
So, why wait? Invest in Edelweiss Balanced Advantage Fund - Dir (IDCW-M) today and reap the benefits of this Dynamic Asset Allocation or Balanced Advantage fund!
In the short term, i.e., 1 year, Edelweiss Balanced Advantage Fund - Dir (IDCW-M) has generated annualised return of 11.95%. In the long-term, the fund has generated 14.31% and 13.77% in 3 and 5 years respectively. Since its inception, the fund has generated 12.10% returns.
The expense ratio of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) Direct Growth is 0.48%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.
The Assets Under Management (AUM) of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is ₹9338.02 (Cr) as of 29 November 2023. AUM shows the fund’s popularity and is often indicative of fund strength.
Redeeming or selling units of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.
To redeem from Edelweiss Balanced Advantage Fund - Dir (IDCW-M):
- Login to your m.Stock account
- In portfolio, your mutual fund investments will be visible under ‘MF’
- Select the fund you wish to redeem from (in this case Edelweiss Balanced Advantage Fund - Dir (IDCW-M)).
- Click on ‘Redeem’ button
- You have 2 options – redeem by units and redeem by value (you can only redeem free units)
- Select units to be redeemed and click on submit.
- Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).
Yes, you can invest both lumpsum and SIP in Edelweiss Balanced Advantage Fund - Dir (IDCW-M). Minimum lumpsum investment Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is ₹100 and minimum SIP amount is ₹100. Lumpsum option is ideal for investors with higher investible corpus and market experience. SIP option is recommended for retail investors who do not have the time or expertise to time the market.
The latest NAV (Net Asset Value) of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) is ₹24.22 as on 29 November 2023.
The 5 biggest stock holdings of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) are:
HDFC Bank (5.38%), ICICI Bank (4.77%), Reliance Industr (4.14%), Infosys (2.48%), ITC (2.13%)
A majority of Edelweiss Balanced Advantage Fund - Dir (IDCW-M) 's AUM worth ₹9338.02 (Cr) is invested in these 3 top sectors:
- Debt: 23.54%
- Banks: 21.1%
- IT-Software: 7.18%
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