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Fincash » Mutual Funds » Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund - G

NAV  ₹36.13 ↓ -0.01  (-0.03 %) as on 24 Sep 21

(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 11.2% since its launch.  Ranked 26 in Dynamic Allocation category.  Return for 2020 was 22.6% , 2019 was 7.8% and 2018 was 1.9% .

Below is the key information for Edelweiss Balanced Advantage Fund

NAV as on 24 Sep 21₹36.13 ↓ -0.01  (-0.03 %)
Net Assets (AUM) as on 31 Aug 2021 ₹5,304 Cr.
Launch Date20 Aug 2009
CategoryHybrid - Dynamic Allocation
Rating
TypeOpen Ended Fund
RiskModerately High
AMCEdelweiss Asset Management Limited
Alpha Ratio0.0
Expense Ratio2.07 %
Sharpe Ratio3.213
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 24 Sep 21

DurationReturns
1 Month 4.4%
3 Month 8.7%
6 Month 15.7%
1 Year 39.4%
3 Year 16.3%
5 Year 13.3%
10 Year
15 Year
Since launch 11.2%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2020 22.6%
2019 7.8%
2018 1.9%
2017 23.9%
2016 -1.5%
2015 3.7%
2014 29%
2013 9.4%
2012 12%

Growth of 10k Over Years

DateValue
31 Aug 16₹10,000
31 Aug 17₹11,178
31 Aug 18₹12,617
31 Aug 19₹12,106
31 Aug 20₹13,759
31 Aug 21₹18,452
Edelweiss Balanced Advantage Fund Growth 10k Chart

Asset Allocation

Asset ClassValue
Cash29.08%
Equity62.33%
Debt8.59%
Edelweiss Balanced Advantage Fund Asset Allocation

Sector Allocation

SectorValue
Cash Equivalent29.08%
Government7.51%
Corporate1.08%
RatingValue
AAA100%
Edelweiss Balanced Advantage Fund Debt Allocation
SectorValue
Financial Services21.97%
Basic Materials12.7%
Technology9.78%
Consumer Cyclical6.1%
Consumer Defensive5.54%
Health Care4.1%
Communication Services3.41%
Industrials3.08%
Energy2.08%
Utility0.98%
Real Estate0.9%
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 - Regional5%₹240 Cr3,517,980
↑ 100,500
Tata Steel Ltd (Basic Materials)
Equity, Since 31 Mar 19 | TATASTEEL
Steel4%₹210 Cr1,465,181
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Jun 20 | HDFCBANK
Banks - Regional4%₹185 Cr1,294,066
↑ 68,200
Infosys Ltd (Technology)
Equity, Since 30 Jun 20 | INFY
Information Technology Services4%₹182 Cr1,130,445
Future on Tata Steel Ltd.
Derivatives | -
3%-₹161 Cr1,116,900
Reliance Industries Ltd.
Equity, Since 30 Jun 21 | -
3%₹126 Cr896,119
State Bank of India (Financial Services)
Equity, Since 31 Jan 17 | SBIN
Banks - Regional2%₹112 Cr2,604,196
↑ 1,500
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Dec 19 | BHARTIARTL
Telecom Services2%₹111 Cr1,976,638
↓ -49,977
Kotak Mahindra Bank Ltd (Financial Services)
Equity, Since 30 Sep 20 | KOTAKBANK
Banks - Regional2%₹97 Cr584,418
↑ 8,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Sep 18 | 532215
Banks - Regional2%₹91 Cr1,277,951
↓ -24,000
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Fund Managers

NameSinceTenure
Gautam Kaul11 Dec 173.64 Yr.
Bhavesh Jain3 Aug 156 Yr.
Bharat Lahoti18 Sep 173.87 Yr.

Custodians

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

Registrar & Transfer Agent

KFin Technologies Private Limited
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
Normal Dividend, Reinvestment
₹17.69
15.76 %39.44 %15.91 %12.97 %
Edelweiss Balanced Advantage Fund
Growth
₹36.13
↓ -0.01
15.73 %39.39 %16.35 %13.28 %
Edelweiss Balanced Advantage Fund
Normal Dividend, Payout
₹17.69
15.76 %39.44 %15.91 %12.97 %
Edelweiss Balanced Advantage Fund
Monthly Dividend, Payout
₹21.92
↓ -0.01
15.71 %39.34 %15.33 %-
Edelweiss Balanced Advantage Fund
Monthly Dividend, Reinvestment
₹21.92
↓ -0.01
15.71 %39.34 %15.33 %-
Data as on 24 Sep 21

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