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Fincash » Mutual Funds » Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund - G

NAV  ₹24.61 ↓ 0.02   (0.08 %) as on 11 Nov 19

(Erstwhile Edelweiss Dynamic Equity Advantage Fund)

Scheme Objective

The primary objective of the scheme will be to generate absolute returns with low volatility over a longer tenure of time. The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments. The Scheme proposes to allocate assets to both equity and debt markets based upon the market view. However there is no assurance that the investment objective of the scheme will be realized.

Edelweiss Balanced Advantage Fund is a Hybrid - Dynamic Allocation fund launched on 20 Aug 09. It is a fund with Moderately High risk and has given a CAGR return of 9.2% since its launch.  Ranked 26 in Dynamic Allocation category.  Return for 2018 was 1.9% , 2017 was 23.9% and 2016 was -1.5% .

Below is the key information for Edelweiss Balanced Advantage Fund

NAV as on 11 Nov 19₹24.61 ↓ 0.02   (0.08 %)
Net Assets (AUM) as on 30 Sep 2019 ₹1,442 Cr.
Launch Date20 Aug 2009
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio0.0
Expense Ratio3.03 %
Sharpe Ratio0.23
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹1,000
Min SIP Investment ₹500
Exit Load 0-365 Days (1%),365 Days and above(NIL)

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 11 Nov 19

DurationReturns
1 Month 4.2%
3 Month 5.4%
6 Month 6.2%
1 Year 9.4%
3 Year 10%
5 Year 7.1%
10 Year
15 Year
Since launch 9.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2018 1.9%
2017 23.9%
2016 -1.5%
2015 3.7%
2014 29%
2013 9.4%
2012 12%
2011 -2.3%
2010 13.3%

Growth of 10k Over Years

DateValue
31 Oct 14₹10,000
31 Oct 15₹10,756
31 Oct 16₹11,140
31 Oct 17₹12,775
31 Oct 18₹12,961
31 Oct 19₹14,293
Edelweiss Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash21.8%
Equity74.33%
Debt3.87%
Edelweiss Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Corporate16.82%
Cash Equivalent8.85%
Edelweiss Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services28.5%
Technology11.74%
Consumer Defensive9.38%
Basic Materials5.12%
Industrials4.59%
Health Care4.53%
Energy3.66%
Consumer Cyclical3.2%
Utility1.4%
Edelweiss Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
Commercial Paper | -
7%₹95 Cr9,500,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | HDFCBANK
Banks - Regional - Asia5%₹78 Cr632,034
Bajaj Finance Ltd (Financial Services)
Equity, Since 31 Dec 17 | 500034
Credit Services4%₹63 Cr154,507
↑ 1,653
Clearing Corporation Of India Ltd.
CBLO | -
4%₹54 Cr
Nifty 31/10/2019
- | -
4%-₹52 Cr45,000
↑ 45,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
Banks - Regional - Asia3%₹50 Cr732,332
↑ 516,858
AXIS BANK LIMITED
Certificate of Deposit | -
3%₹50 Cr5,000,000
Reliance Jio Infocomm Limited
Commercial Paper | -
3%₹50 Cr5,000,000
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
Banks - Regional - Asia3%₹48 Cr1,113,743
↑ 32,256
Infosys Ltd (Technology)
Equity, Since 31 Aug 17 | INFY
Information Technology Services3%₹48 Cr595,682
↑ 125,574
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Fund Managers

NameSinceTenure
Gautam Kaul11 Dec 171.22 Yr.
Bhavesh Jain3 Aug 153.58 Yr.
Bharat Lahoti18 Sep 171.45 Yr.

Custodians

CompanyAddress
Standard Chartered BankStandard Chartered Bank,1095 Avenue of the Americas,New York, NY 10036,USA

Registrar & Transfer Agent

Karvy Fintech Pvt Ltd.
Address"KARVY HOUSE",46, Avenue 4, Street No.1,,Banjara Hills,
FAX91-40-23311968
Emailmailmanager@karvy.com

Administrator Companies

CompanyAddress
Edelweiss Mutual FundEdelweiss House, Off. C.S.T Road, Kalina, Mumbai 400 098

Auditors

CompanyAddress
S. R. BATLIBOI & CoExpress Tower, 6th Floor,Nariman Point,Mumbai
M/s. Price WaterhouseIndia,252, Veer Savarkar Marg,,Next to Mayor's Bungalow, Shivaji Park,,Dadar,

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
Edelweiss Balanced Advantage Fund
Growth
₹24.61
↑ 0.02
6.17 %9.43 %9.98 %7.14 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Payout
₹13.34
↑ 0.01
5.99 %8.88 %9.61 %6.92 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Reinvestment
₹13.34
↑ 0.01
5.99 %8.88 %9.61 %6.92 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Payout
₹18.46
↑ 0.02
3.35 %5.67 %--
Edelweiss Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹18.46
↑ 0.02
3.35 %5.67 %--
Data as on 11 Nov 19

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.