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Fincash » Mutual Funds » Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund - G

NAV  ₹46.13 ↓ -0.27  (-0.58 %) as on 12 Apr 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% 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 12 Apr 24₹46.13 ↓ -0.27  (-0.58 %)
Net Assets (AUM) as on 29 Feb 2024 ₹10,623 Cr.
Launch Date20 Aug 2009
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio0.0
Expense Ratio1.79 %
Sharpe Ratio2.399
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 12 Apr 24

DurationReturns
1 Month 2%
3 Month 5.2%
6 Month 14.1%
1 Year 26.1%
3 Year 14.1%
5 Year 14.5%
10 Year
15 Year
Since launch 11%

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
31 Mar 19₹10,000
31 Mar 20₹9,419
31 Mar 21₹13,366
31 Mar 22₹15,093
31 Mar 23₹15,357
31 Mar 24₹19,295
Edelweiss Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash15.78%
Equity69.79%
Debt14.43%
Edelweiss Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent15.78%
Corporate7.11%
Government7.08%
Securitized0.24%
RatingValue
AAA100%
Edelweiss Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services22.5%
Consumer Cyclical11.42%
Technology8.23%
Industrials7.78%
Energy7.59%
Consumer Defensive6.42%
Health Care3.76%
Basic Materials3.47%
Utility3.15%
Communication Services1.9%
Real Estate1.21%
Edelweiss Balanced Advantage Fund Equity Allocation

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
Nifty 28/03/2024
- | -
6%-₹665 Cr300,000
↑ 300,000
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK
Banks - Regional5%₹510 Cr3,632,060
↓ -150,316
ICICI Bank Ltd (Financial Services)
Equity, Since 30 Nov 14 | ICICIBANK
Banks - Regional4%₹477 Cr4,530,107
↓ -113,561
Reliance Industries Ltd (Energy)
Equity, Since 30 Nov 21 | RELIANCE
Oil & Gas Refining & Marketing4%₹374 Cr1,280,355
↓ -32,297
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
Information Technology Services3%₹276 Cr1,648,761
↓ -40,584
7.38% Govt Stock 2027
Sovereign Bonds | -
2%₹252 Cr25,000,000
State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN
Banks - Regional2%₹234 Cr3,131,910
↑ 278,907
Larsen & Toubro Ltd (Industrials)
Equity, Since 30 Jun 20 | LT
Engineering & Construction2%₹226 Cr649,035
↑ 69,458
Maruti Suzuki India Ltd (Consumer Cyclical)
Equity, Since 31 Mar 15 | MARUTI
Auto Manufacturers2%₹221 Cr195,719
↑ 14,875
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
Telecom Services2%₹202 Cr1,793,918
↓ -44,469
1 - 10 of 140
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Fund Managers

NameSinceTenure
Bhavesh Jain7 Aug 1310.66 Yr.
Bharat Lahoti18 Sep 176.54 Yr.
Rahul Dedhia23 Nov 212.36 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
₹20.6
↓ -0.12
11.9 %20.89 %12.12 %13.1 %
Edelweiss Balanced Advantage Fund
Growth
₹46.13
↓ -0.27
14.13 %26.11 %14.14 %14.45 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Payout
₹20.6
↓ -0.12
11.9 %20.89 %12.12 %13.1 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Payout
₹22.38
↓ -0.13
14.09 %26 %14.1 %14.05 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹22.38
↓ -0.13
14.09 %26 %14.1 %14.05 %
Data as on 12 Apr 24

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