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3 star

Edelweiss Balanced Advantage Fund - Regular Plan

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Hybrid: Dynamic Asset Allocation

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1 Lakh

Investment Grown to
₹ 1.23 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.06 Lakh

Suitability:

When you invest for five years or more, you can expect gains that beat the inflation rate as well as returns from fixed income options. But be prepared for ups and downs in your investment value along the way.

Dynamic Asset Allocation or Balanced Advantage funds invest your money in equity shares and bonds though their proportions are not fixed. The fund management team may increase of decrease the allocation to equity shares depending upon their market outlook.

These funds tend to fall less than pure equity funds when the stock markets decline because of their debt allocation. This makes them suitable for conservative equity investors.

Like for all equity-linked investments, you must invest only through the SIP route. Click here to read a primer on SIP investing.

Warning: Warning: Do not invest in this, or any other balanced hybrid fund, if you need to redeem your investment in less than five years.

Taxability of earnings:

The tax treatment of this fund may vary depending upon its asset allocation. It will be taxed in the following manner based on its average asset allocation in the last 12 months.

Capital gains

  • If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1 lakh in a financial year are exempt from tax. Gains over Rs 1 lakh are taxed at the rate of 10%.
  • If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 15%.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

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Annual Returns
Quarterly Returns
Monthly Returns
Weekly Returns

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(₹)
cal
cal

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Trailing Returns (%)

YTD 1-Day 1-W 1-M 3-M 6-M 1-Y 3-Y 5-Y 7-Y 10-Y
Fund 6.61 1.39 -2.23 -1.54 6.18 21.44 10.42 7.05 7.33 10.47 8.62
VR Balanced TRI -6.25 1.86 -3.27 -2.93 6.46 33.60 -0.85 5.38 8.14 10.22 7.55
Hybrid: Dynamic Asset Allocation 0.21 1.22 -2.17 -2.08 4.64 20.07 3.57 3.67 6.19 10.05 7.72
Rank within category 2 8 15 10 5 12 2 1 4 4 2
Number of funds in category 23 25 25 25 25 25 23 15 12 7 6

As on 25-Sep-2020

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Balanced Advantage Fund - Regular Plan  | Invest Online
3 star
 Aug-09 10.42 7.05 7.33 2.06 1,496
ICICI Prudential Balanced Advantage Fund  | Invest Now
4 star
 Dec-06 2.75 5.44 7.76 1.72 26,638
DSP Dynamic Asset Allocation Fund - Regular Plan  | Invest Online
5 star
 Feb-14 4.20 5.24 7.08 2.17 1,547
IDFC Dynamic Equity Fund - Regular Plan
4 star
 Oct-14 7.42 6.35 6.91 2.32 966
L&T Balanced Advantage Fund  | Invest Online
5 star
 Feb-11 9.24 6.90 5.97 2.42 721

Best & Worst Performance

Best (Period) Worst (Period)
Week 5.91 (01-Apr-2020 - 09-Apr-2020) -8.81 (16-Mar-2020 - 23-Mar-2020)
Month 11.82 (07-May-2014 - 06-Jun-2014) -16.13 (20-Feb-2020 - 23-Mar-2020)
Quarter 18.04 (24-Mar-2020 - 23-Jun-2020) -13.81 (23-Dec-2019 - 23-Mar-2020)
Year 40.81 (29-Jan-2014 - 29-Jan-2015) -8.42 (22-Mar-2019 - 23-Mar-2020)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 7.61 11.64 0.21 0.28 0.64 0.97
VR Balanced TRI 7.49 17.40 0.14 0.15 -- --
Hybrid: Dynamic Asset Allocation 4.37 11.86 -0.07 -0.06 0.62 -2.24
Rank within category 1 8 1 1 9 1
Number of funds in category 17 17 17 17 17 17

The Risk Measures have been calculated using calendar month returns for the last three years.

As on 31-Aug-2020

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 71
Top 10 Holdings (%) 34.90
Top 5 Holdings (%) 23.00
Top 3 Sectors (%) 31.34
Portfolio P/B Ratio 3.00
Portfolio P/E Ratio 25.31
Avg Credit Rating GOI/Cash

Value Research Equity Fund Style

Value Research Debt Fund Style

Credit Rating vis-à-vis Category

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Top Debt Holdings

Company Instrument Credit Rating 1Y Range % Assets
new NTPC 91-D 09/09/2020 Commercial Paper A1+ 0.00 - 5.01 5.01
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 1.71 - 2.03 1.75
equal 3.00% HDFC Bank 23/09/2020 Fixed Deposits -- 0.00 - 1.87 1.67
new Reserve Bank of India 182-D 12/11/2020 Treasury Bills SOV 0.00 - 1.33 1.33
new 2.75% HDFC Bank 17/11/2020 Fixed Deposits -- 0.00 - 0.70 0.70
new 2.75% HDFC Bank 13/11/2020 Fixed Deposits -- 0.00 - 0.70 0.70

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

Sector Allocation vis-à-vis Category

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Top Equity Holdings

Company Sector P/E 3Y High 3Y Low % Assets
up Wabco India Automobile 152.91 7.68 0.00 7.68
up ICICI Bank Financial 24.61 4.40 0.02 4.40
equal Infosys Technology 25.25 3.33 0.00 2.98
up Bharti Airtel Communication -- 3.44 0.00 2.92
equal Reliance Industries Ltd - Partly Paid Equity Energy -- 2.73
equal HCL Technologies Technology 19.24 2.92 0.00 2.70
equal Reliance Industries Energy 35.27 6.93 2.08 2.08
equal Nestle India FMCG 72.83 2.63 0.00 2.07
equal ITC FMCG 14.75 3.38 1.97 2.05
up Maruti Suzuki India Automobile 50.24 1.67 0.03 1.67
equal Tata Consultancy Services Technology 29.15 4.10 1.43 1.66
equal Axis Bank Financial 79.46 3.66 0.00 1.58
up HDFC Financial 13.77 6.45 0.00 1.57
up Vedanta Metals -- 1.47 0.00 1.47
equal State Bank of India Financial 7.74 3.00 1.02 1.45
equal Hindustan Unilever FMCG 70.81 4.22 0.00 1.31
equal Larsen & Toubro Construction 15.13 3.05 0.00 1.22
equal AU Small Finance Bank Financial 29.84 1.46 0.00 1.20
equal Coromandel International Chemicals 18.76 1.25 0.00 1.14
equal Ultratech Cement Construction 21.27 1.26 0.00 1.12
equal Bajaj Finserv Financial 25.46 1.25 0.00 1.07
up Bandhan Bank Financial 16.31 2.07 0.00 1.07
equal UPL Chemicals 19.87 1.44 0.00 1.04
up NTPC Energy 15.03 1.03 0.00 1.03
equal Mphasis Technology 20.96 1.13 0.00 1.01

up down equal Indicates an increase or decrease or no change in holding since last portfolio
new Indicates a new holding since last portfolio

As on 31-Aug-2020

Fund Manager

— Bharat Lahoti since 18-Sep-2017

Education: Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies

Experience: Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.

Funds Managed:

— Bhavesh Jain since 03-Aug-2015

— Gautam Kaul since 11-Dec-2017

Education: Mr. Kaul is a B.Com (H) and MBA (Finance).

Experience: Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..

Funds Managed:

Invest Online
1.39%

Change from previous, NAV as on 25-Sep-2020

Growth: ₹ 26.2800

Dividend Quarterly: ₹ 13.3600

Dividend Monthly: ₹ 17.3700

Investment Strategy

The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.

Investment Details

Minimum Investment (₹) 5,000
Minimum Addl Investment (₹) 500
Minimum SIP Investment (₹) 500
Minimum No of Cheques 12
Minimum Withdrawal (₹) 500
Minimum Balance (₹) --
Exit Load For units in excess of 10% of the investment,1% will be charged for redemption within 365 days

Basic Details

Fund House: Edelweiss Mutual Fund
Launch Date: 20-Aug-2009
Return Since Launch: 9.09%
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,496 Cr (As on 31-Aug-2020)
Expense: 2.06% (As on 31-Aug-2020)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: 194.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly23-Sep-20200.1700

 24-Aug-20200.2000
 27-Jul-20200.2000
 29-Jun-20200.2000
 26-May-20200.2000
 27-Apr-20200.2000
 23-Mar-20200.1771
 24-Feb-20200.1771
 28-Jan-20200.1771
 24-Dec-20190.1771
 25-Nov-20190.1771
 29-Oct-20190.1771
 23-Sep-20190.1771
 26-Aug-20190.1771
 22-Jul-20190.1948
 24-Jun-20190.1948
 27-May-20190.1948
 30-Apr-20190.1948
 25-Mar-20190.1948
 25-Feb-20190.1948
 28-Jan-20190.1948
 24-Dec-20180.1948
 26-Nov-20180.1948
 22-Oct-20180.1948
 24-Sep-20180.1948
Dividend Quarterly23-Sep-20200.2000

 29-Jun-20200.2000
 23-Mar-20200.1771
 24-Dec-20190.1771
 24-Jun-20190.1771
 25-Mar-20190.1328
 24-Dec-20180.2214
 24-Sep-20180.2479
 25-Jun-20180.2214
 22-Mar-20180.2200
 22-Jan-20180.2200
 22-Sep-20170.2200
 11-Jul-20170.2200
 05-May-20170.2200
 19-Jan-20170.2200
 27-Oct-20160.2200
 26-Jul-20160.2200
 27-Apr-20160.2200
 27-Jan-20160.3000
 28-Oct-20150.2200
 27-Jul-20150.2200
 22-Apr-20150.2200
 27-Jan-20150.3000
 31-Oct-20140.2200
 25-Jul-20140.2200

Contact Information

AMC: Edelweiss Asset Management Ltd.

Address: 801- 802 & 803 - 8th Floor, Windsor Off C.S.T. Road, Kalina-Santacruz (E), Mumbai - 400098

Phone: 40933400 / 1800-425-0090

Email: [email protected]

Website: http://www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: 303, Vamsee Estates, Opp. Big Bazaar, Ameerpet, Hyderabad - 500016

Phone: 040-44857874

Email: [email protected]

Website: www.karvymfs.com

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