fincash logo SOLUTIONS
EXPLORE FUNDS
CALCULATORS
LOG IN
SIGN UP

Fincash » Mutual Funds » Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund - G

NAV  ₹49.83 ↑ 0.17  (0.34 %) as on 3 Dec 24

(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 11.1% since its launch.  Ranked 26 in Dynamic Allocation category.  Return for 2023 was 18.8% , 2022 was 2.1% and 2021 was 18.8% .

Below is the key information for Edelweiss Balanced Advantage Fund

NAV as on 3 Dec 24₹49.83 ↑ 0.17  (0.34 %)
Net Assets (AUM) as on 31 Oct 2024 ₹12,306 Cr.
Launch Date20 Aug 2009
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio0.0
Expense Ratio1.72 %
Sharpe Ratio1.854
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 3 Dec 24

DurationReturns
1 Month 0.4%
3 Month -2.6%
6 Month 5.6%
1 Year 19.4%
3 Year 11.6%
5 Year 15.1%
10 Year
15 Year
Since launch 11.1%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 18.8%
2022 2.1%
2021 18.8%
2020 22.6%
2019 7.8%
2018 1.9%
2017 23.9%
2016 -1.5%
2015 3.7%

Growth of 10k Over Years

DateValue
30 Nov 19₹10,000
30 Nov 20₹11,646
30 Nov 21₹14,374
30 Nov 22₹15,172
30 Nov 23₹16,773
30 Nov 24₹20,036

Asset Allocation

Asset ClassValue
Cash21.32%
Equity66.51%
Debt11.76%
Other0.01%

Sector Allocation

SectorValue
Cash Equivalent19.89%
Corporate8.66%
Government4.7%
Securitized0.22%
RatingValue
AAA100%
SectorValue
Financial Services18.94%
Consumer Cyclical9.41%
Technology8.43%
Consumer Defensive7.51%
Health Care6.75%
Industrials5.26%
Utility5.16%
Energy4.89%
Communication Services2.93%
Basic Materials2.14%
Real Estate1.67%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Nifty 31-Oct-2024
Derivatives | -
6%-₹780 Cr300,000
↑ 300,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK
Banks - Regional5%₹626 Cr3,612,504
↓ -233,562
Edelweiss Liquid Dir Gr
Investment Fund | -
4%₹501 Cr1,548,030
↑ 1,548,030
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
Banks - Regional3%₹369 Cr2,899,335
↓ -1,292,899
NTPC Ltd (Utilities)
Equity, Since 31 Mar 21 | 532555
Utilities - Regulated Electric3%₹346 Cr7,796,261
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
Information Technology Services3%₹338 Cr1,802,056
↑ 99,870
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing3%₹326 Cr1,102,537
↑ 21,129
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
Telecom Services2%₹288 Cr1,687,036
↓ -142,454
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | MARUTI
Auto Manufacturers2%₹238 Cr180,050
↓ -5,272
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
Banks - Regional2%₹235 Cr1,907,306
↓ -369,215
1 - 10 of 163
Ready to Invest?
Talk to our investment specialist
Disclaimer:
By submitting this form I authorize Fincash.com to call/SMS/email me about its products and I accept the terms of Privacy Policy and Terms & Conditions.

Fund Managers

NameSinceTenure
Bhavesh Jain7 Aug 1311.24 Yr.
Bharat Lahoti18 Sep 177.13 Yr.
Rahul Dedhia23 Nov 212.94 Yr.
Pranavi Kulkarni1 Aug 240.25 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Ltd
Address138 -Suyesh Solitaire, Nr. Podar International School,Kudasan, Gandhinagar, Gujarat
FAXN.A
EmailN.A

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
₹21.85
↑ 0.07
5.59 %19.36 %11.56 %15.03 %
Edelweiss Balanced Advantage Fund
Growth
₹49.83
↑ 0.17
5.59 %19.38 %11.57 %15.12 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Payout
₹21.85
↑ 0.07
5.59 %19.36 %11.56 %15.03 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Payout
₹22.9
↑ 0.08
3.91 %17.44 %10.95 %14.59 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹22.9
↑ 0.08
3.91 %17.44 %10.95 %14.59 %
Data as on 3 Dec 24

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