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Fincash » Mutual Funds » Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund - G

NAV  ₹35.71 ↓ -0.02  (-0.06 %) as on 27 Mar 23

(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 9.8% since its launch.  Ranked 26 in Dynamic Allocation category.  Return for 2022 was 2.1% , 2021 was 18.8% and 2020 was 22.6% .

Below is the key information for Edelweiss Balanced Advantage Fund

NAV as on 27 Mar 23₹35.71 ↓ -0.02  (-0.06 %)
Net Assets (AUM) as on 28 Feb 2023 ₹8,780 Cr.
Launch Date20 Aug 2009
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio0.0
Expense Ratio1.86 %
Sharpe Ratio-0.243
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 27 Mar 23

DurationReturns
1 Month -1.4%
3 Month -2.5%
6 Month 0.5%
1 Year 1.3%
3 Year 17.2%
5 Year 10.2%
10 Year
15 Year
Since launch 9.8%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2022 2.1%
2021 18.8%
2020 22.6%
2019 7.8%
2018 1.9%
2017 23.9%
2016 -1.5%
2015 3.7%
2014 29%

Growth of 10k Over Years

DateValue
28 Feb 18₹10,000
28 Feb 19₹10,076
29 Feb 20₹11,005
28 Feb 21₹14,035
28 Feb 22₹15,684
28 Feb 23₹16,144
Edelweiss Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash12.79%
Equity74.37%
Debt12.84%
Edelweiss Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent11.94%
Government8.6%
Corporate5.09%
RatingValue
AAA100%
Edelweiss Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services27.27%
Technology8.57%
Consumer Cyclical7.29%
Consumer Defensive7.17%
Energy6.04%
Basic Materials5.99%
Industrials5.2%
Health Care2.5%
Utility2.22%
Communication Services2.08%
Real Estate0.73%
Edelweiss Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
Banks - Regional6%₹484 Cr5,664,469
↓ -88,200
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing5%₹440 Cr1,893,518
↓ -47,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK
Banks - Regional4%₹383 Cr2,397,007
↓ -555,848
182 DTB 28042023
Sovereign Bonds | -
4%₹346 Cr35,000,000
↑ 35,000,000
ITC Ltd (Consumer Defensive)
Equity, Since 31 Jul 15 | ITC
Tobacco4%₹324 Cr8,597,018
↓ -182,400
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
Banks - Regional4%₹321 Cr3,800,000
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
Information Technology Services3%₹291 Cr1,953,176
↓ -210,400
Housing Development Finance Corp Ltd (Financial Services)
Equity, Since 31 Mar 18 | HDFC
Mortgage Finance2%₹219 Cr839,333
↑ 308,601
State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN
Banks - Regional2%₹198 Cr3,777,767
↓ -127,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
Telecom Services2%₹162 Cr2,177,789
↓ -67,450
1 - 10 of 162
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Fund Managers

NameSinceTenure
Bhavesh Jain3 Aug 157.58 Yr.
Bharat Lahoti18 Sep 175.45 Yr.
Rahul Dedhia23 Nov 211.27 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
AddressKFin Technologies Pvt. Ltd,,1D/D Extension 2, Valmiki Chowk,,Gandhi Nagar,
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
Normal Dividend, Reinvestment
₹16.83
↓ -0.01
0.48 %1.26 %17.18 %9.85 %
Edelweiss Balanced Advantage Fund
Growth
₹35.71
↓ -0.02
0.48 %1.28 %17.17 %10.15 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Payout
₹16.83
↓ -0.01
0.48 %1.26 %17.18 %9.85 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Payout
₹19.05
↓ -0.02
0.44 %1.22 %17.14 %9.43 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹19.05
↓ -0.02
0.44 %1.22 %17.14 %9.43 %
Data as on 27 Mar 23

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