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Fincash » Mutual Funds » Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund - G

NAV  ₹22.99 ↓ 0.07   (0.31 %) as on 23 Aug 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 8.7% 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 23 Aug 19₹22.99 ↓ 0.07   (0.31 %)
Net Assets (AUM) as on 31 Jul 2019 ₹1,432 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 Ratio-0.615
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 23 Aug 19

DurationReturns
1 Month -0.9%
3 Month -2.5%
6 Month 2.5%
1 Year -4.6%
3 Year 6.5%
5 Year 7.1%
10 Year
15 Year
Since launch 8.7%

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 Jul 14₹10,000
31 Jul 15₹11,979
31 Jul 16₹11,849
31 Jul 17₹13,443
31 Jul 18₹14,708
31 Jul 19₹14,249
Edelweiss Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash11.18%
Equity83.46%
Debt5.37%
Edelweiss Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Edelweiss Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services30%
Technology17.59%
Consumer Defensive9.16%
Consumer Cyclical4.71%
Energy4.64%
Basic Materials4.52%
Industrials3.76%
Health Care2.76%
Utility1.98%
Edelweiss Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
4.25% Hdfc Bk Asba Fd 07-08-2019
Certificate of Deposit | -
10%₹136 Cr1,363,350,000
↑ 1,363,350,000
Reliance Nippon Life Asset Management Ltd Ordinary Shares (Financial Services)
Equity, Since 31 May 19 | 540767
Asset Management7%₹102 Cr4,485,700
↑ 3,875,322
NIIT Technologies Ltd (Technology)
Equity, Since 31 Jul 19 | 532541
Information Technology Services7%₹96 Cr800,000
↑ 800,000
HDFC Bank Ltd (Financial Services)
Equity, Since 28 Feb 18 | HDFCBANK
Banks - Regional - Asia4%₹64 Cr282,474
Clearing Corporation Of India Ltd.
CBLO | -
4%₹55 Cr
Tata Consultancy Services Ltd (Technology)
Equity, Since 31 May 15 | TCS
Information Technology Services4%₹52 Cr234,029
Cash Offset For Derivatives
Derivative Margin | -
3%-₹49 Cr4,879
↑ 4,879
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
Specialty Finance3%₹47 Cr220,699
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 14 | RELIANCE
Oil & Gas Refining & Marketing3%₹45 Cr385,861
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
Banks - Regional - Asia3%₹41 Cr956,022
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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
₹22.99
↑ 0.07
2.5 %-4.61 %6.47 %7.09 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Payout
₹12.46
↑ 0.03
2.19 %-5.33 %6.1 %6.88 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Reinvestment
₹12.46
↑ 0.03
2.19 %-5.33 %6.1 %6.88 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Payout
₹17.82
↑ 0.06
1.68 %-6.1 %--
Edelweiss Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹17.82
↑ 0.06
1.68 %-6.1 %--
Data as on 23 Aug 19

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