Edelweiss Balanced Advantage Fund Direct Plan Growth - Regular - Latest NAV [ ₹38.69 ], Returns, Performance, Portfolio & Returns 2021

Edelweiss Balanced Advantage Fund Direct Plan Growth

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years15.78%
3 Years17.7%
1 Year24.41%
6 Months8.62%
Fund Details
RiskVery High Risk
Fund TypeDynamic Asset Allocation
Exit Load1% for 365 Days

More about this fundstar

Top HoldingsWeightage
Clearing Corporation Of India Ltd.9.49%
ICICI Bank Ltd5.13%
Reliance Industries Ltd Ordinary Shares (Partly Paid Rs.5)4.11%
Infosys Ltd3.94%
National Bank For Agriculture And Rural Development3.94%
Nifty Bank 25/11/20213.14%
Bharti Airtel Ltd2.57%
Tata Consultancy Services Ltd2.56%
5.63% Govt Stock 20262.51%
5.22% GOI 20252.35%

About Edelweiss Balanced Advantage Fund - Direct Plan - Growth

Edelweiss Balanced Advantage Fund is a hybrid mutual fund whose asset allocation follows the dynamic allocation strategy. Investors looking to strike the right balance between the risk and reward may consider investing in this fund.

Pros and Cons of Edelweiss Balanced Advantage Fund - Direct Plan - Growth

By investing in this fund, you get exposure to a well-diversified portfolio consisting of assets across equity and debt markets. The fund invests in equity derivative strategies, arbitrage opportunities, stocks, debt, money market, and other fixed-income assets. You get the balance between risk and reward by investing in this fund. On the flip side, this fund is not suitable for risk-averse investors as it is exposed to market risk.

Fund Information and Statistics

i) Inception/Launch Date

Edelweiss Balanced Advantage Fund - Direct Plan - Growth was launched on 1 January 2013.

ii) Risk Level

Since Edelweiss Balanced Advantage Fund invests across both equity and debt securities, it makes the fund fall under the category of ‘moderately high risk’ mutual funds.

iii) Redemption

Edelweiss Balanced Advantage Fund - Direct Plan - Growth is an open-ended mutual fund scheme; you can redeem your investment at any time. However, you have to factor capital gains tax and exit load charges before placing the redemption request.

iv) Fund Manager

Mr Gautam Kaul, Mr Bharat Lahoti and Mr Bhavesh Jain are the current fund managers of Edelweiss Balanced Advantage Fund - Direct Plan - Growth.

v) Entry/Exit Load

You will be charged with an exit load of 1% on the units in excess of 10% if you redeem your investments within one year from the date of allocation. No exit load applied after one year. The norms of the securities market regulator have meant that this fund has no entry load.

About Edelweiss Mutual Fund

Edelweiss Mutual Fund entered the mutual fund fore in the year 2007 when it registered with the Indian securities market regulator. It was incorporated with Edelweiss Financial Services as the sponsor and Edelweiss Trusteeship Company Limited (ETCL) as the trustee as per the guidelines of the Securities and Exchange Board of India (SEBI). The assets under management (AUM) of the Edelweiss fund house stood at Rs 23,614.37 crore as of March 2020.

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Frequently Asked Questions

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Min amount: ₹500

Calculate Returns

20 yrs
₹500 invested monthly becomes
0 in a period of 20 years
Very High Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns