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  • Edelweiss Multi Asset Allocation Fund - Dir (IDCW)

Edelweiss Multi Asset Allocation Fund - Dir (IDCW)


Multi Asset Allocation
SIP Lumpsum
  • NAV 10.30 (-0.02%)
  • Fund Size (Cr) ₹479.8
  • Expense Ratio 0.36
  • Scheme Type Active Fund
  • Value Research
SIP Lumpsum
  • Minimum investment ₹5000
  • Minimum Additional Investment ₹500
  • Minimum SIP Investment ₹300
  • Minimum Withdrawal ₹0
  • Exit Load 0.1%
  • Return Since Launch 3.01%

Basic Details

Scheme Manager
Bhavesh Jain
Bench Mark
Nifty 500 TRI (40%) + CRISIL Short Term Bond Fund Index (50%) + Domestic Gold Prices (5%) + Domestic
Type
OPEN

Lumpsum Returns

  • Period Invested For
  • ₹10000 Invested on
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • Category Avg
  • Rank within Category
  • 1 Week
  • 24-Nov-23
  • 10017.89
  • 0.18%
  • -
  • 2.03%
  • 62/64
  • 1 Month
  • 01-Nov-23
  • 10057.11
  • 0.57%
  • -
  • 5.26%
  • 62/64
  • 3 Month
  • 01-Sep-23
  • 10131.60
  • 1.32%
  • -
  • 4.75%
  • 50/54
  • 6 Month
  • 0
  • -
  • -
  • 12.17%
  • -/-
  • 1 Year
  • 0
  • -
  • -
  • 15.71%
  • -/-
  • 3 Year
  • 0
  • 0%
  • -
  • 17.01%
  • -/-
  • 5 Year
  • 0
  • 0%
  • -
  • 15.24%
  • -/-
  • Since Inception
  • 23-Jun-23
  • 10301.3
  • 3.01%
  • 3.01%
  • 11.39%
  • 62/64

SIP Returns

  • Period Invested For
  • ₹10000 Invested on
  • Investments
  • Latest Value
  • Absolute Returns
  • Annualised Returns
  • 1 Year
  • 03-Jul-23
  • 60000
  • 60797.42
  • 1.33%
  • 1.33%
  • 3 Year
  • 03-Jul-23
  • 60000
  • 60797.42
  • 1.33%
  • 0.44%
  • 5 Year
  • 03-Jul-23
  • 60000
  • 60797.42
  • 1.33%
  • 0.26%
  • 10 Year
  • 03-Jul-23
  • 60000
  • 60797.42
  • 1.33%
  • 0.13%

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%.

Mutual Funds Calculator

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Asset Allocation

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Sector Allocation

There is no Sector Allocation data.

Top 10 stock holding in portfolio

  • Stock Invested in
  • % of Total Holdings
  • Quantity
  • Value (Cr)
  • Asset Type
  • Segment
  • Reliance Industr
  • 4.17%
  • 87500
  • 20.02
  • Equity
  • Refineries
  • HDFC Bank
  • 3.16%
  • 102850
  • 15.19
  • Equity
  • Banks
  • Axis Bank
  • 2.34%
  • 114375
  • 11.23
  • Equity
  • Banks
  • Kotak Mah. Bank
  • 2.00%
  • 55200
  • 9.60
  • Equity
  • Banks
  • Adani Enterp.
  • 1.62%
  • 33900
  • 7.78
  • Equity
  • Trading
  • NMDC
  • 1.50%
  • 468000
  • 7.22
  • Equity
  • Mining & Mineral products
  • Punjab Natl.Bank
  • 1.44%
  • 944000
  • 6.89
  • Equity
  • Banks
  • I O C L
  • 1.37%
  • 731250
  • 6.56
  • Equity
  • Refineries
  • Hindalco Inds.
  • 1.33%
  • 138600
  • 6.37
  • Equity
  • Non Ferrous Metals
  • Sun Pharma.Inds.
  • 1.32%
  • 58100
  • 6.32
  • Equity
  • Pharmaceuticals

Peer Comparison

  • Scheme Name
  • Value Research
  • Asset Size (Cr)
  • 1M
  • 3M
  • 6M
  • 1Y
  • 3Y
  • Edelweiss Multi Asset Allocation Fund - Dir (IDCW)
  • 479.8
  • 0.57%
  • 1.32%
  • -
  • -
  • -
  • UTI-Multi Asset Allocation Fund - Direct (G)
  • 891.57
  • 8.15%
  • 9.47%
  • 16.60%
  • 23.87%
  • 15.08%
  • UTI-Multi Asset Allocation Fund - Direct (IDCW)
  • 891.57
  • 8.15%
  • 9.46%
  • 16.60%
  • 23.86%
  • 15.08%
  • ICICI Pru Multi-Asset Fund - Direct (G)
  • 24931.17
  • 4.83%
  • 6.55%
  • 14.91%
  • 19.98%
  • 27.68%
  • ICICI Pru Multi-Asset Fund - Direct (IDCW)
  • 24931.17
  • 4.83%
  • 6.54%
  • 14.90%
  • 19.96%
  • 27.68%
  • SBI Multi Asset Allocation Fund - Direct (IDCW-A)
  • 2224.06
  • 6.11%
  • 5.75%
  • 14.61%
  • 19.38%
  • 15.12%

News

  • 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

  • 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

  • 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

  • Date of Incorporation 05-Jun-2023
  • Total AUM (Cr) ₹479.80

Edelweiss Multi Asset Allocation Fund - Dir (IDCW) is an Multi Asset Allocation-oriented fund from the renowned AMC, Edelweiss Mutual Fund. Launched in Jun 2023, this fund is managed by Bhavesh Jain. With assets under management (AUM) worth ₹479.80 (Cr), as of 01-Dec-2023, Edelweiss Multi Asset Allocation Fund - Dir (IDCW) is categorized as a Multi Asset Allocation within its segment. The fund has generated a return of 3.01% since its launch.
The current NAV of Edelweiss Multi Asset Allocation Fund - Dir (IDCW) is ₹10.30, as on 01-Dec-2023. The fund’s benchmark index is Nifty 500 TRI (40%) + CRISIL Short Term Bond Fund Index (50%) + Domestic Gold Prices (5%) + Domestic. You can invest in Edelweiss Multi Asset Allocation Fund - Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹300 while the minimum lumpsum investment is ₹5000.
Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
0.10% - If the Units are redeemed / switched out on or before 30 Days from the date of allotment Nil - If the Units are redeemed / switched out after 30 Days from the date of allotment
The fund has generated - and - 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 35.32% in Equity, 57.79% in Debt and 6.88% in cash and cash equivalents
The top 5 sectors the fund invests in are: 52.18% in Debt, 14.39% in Banks, 3.65% in Pharmaceuticals & Biotechnology, 3.53% in Telecom-Services and 2.68% in Petroleum Products.

FAQs on Edelweiss Multi Asset Allocation Fund - Dir (IDCW)

Edelweiss Multi Asset Allocation Fund - Dir (IDCW) is a popular fund in the Multi Asset Allocation segment. The fund has generated a return of 3.01% since inception. Looking to invest in Edelweiss Multi Asset Allocation Fund - Dir (IDCW)? How about earning 1% extra return? All this is possible with m.Stock! Investing in Edelweiss Multi Asset Allocation Fund - Dir (IDCW) 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 Multi Asset Allocation Fund - Dir (IDCW)
  • 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 Multi Asset Allocation Fund - Dir (IDCW) today and reap the benefits of this Multi Asset Allocation fund!

In the short term, i.e., 1 year, Edelweiss Multi Asset Allocation Fund - Dir (IDCW) has generated annualised return of -. In the long-term, the fund has generated - and - in 3 and 5 years respectively. Since its inception, the fund has generated 3.01% returns.

The expense ratio of Edelweiss Multi Asset Allocation Fund - Dir (IDCW) Direct Growth is 0.36%. 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 Multi Asset Allocation Fund - Dir (IDCW) is ₹479.80 (Cr) as of 01 December 2023. AUM shows the fund’s popularity and is often indicative of fund strength.

Redeeming or selling units of Edelweiss Multi Asset Allocation Fund - Dir (IDCW) 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 Multi Asset Allocation Fund - Dir (IDCW):

  • 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 Multi Asset Allocation Fund - Dir (IDCW)).
  • 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 Multi Asset Allocation Fund - Dir (IDCW). Minimum lumpsum investment Edelweiss Multi Asset Allocation Fund - Dir (IDCW) is ₹5000 and minimum SIP amount is ₹300. 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 Multi Asset Allocation Fund - Dir (IDCW) is ₹10.30 as on 01 December 2023.

The 5 biggest stock holdings of Edelweiss Multi Asset Allocation Fund - Dir (IDCW) are:
Reliance Industr (4.17%), HDFC Bank (3.16%), Axis Bank (2.34%), Kotak Mah. Bank (2.00%), Adani Enterp. (1.62%)

A majority of Edelweiss Multi Asset Allocation Fund - Dir (IDCW) 's AUM worth ₹479.80 (Cr) is invested in these 3 top sectors:

  • Debt: 52.18%
  • Banks: 14.39%
  • Pharmaceuticals & Biotechnology: 3.65%

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