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Edelweiss Balanced Advantage Fund - Regular Plan


1 Lakh

Investment Grown to
₹ 1.34 Lakh

₹ 10000

Monthly SIP Grown to
₹ 3.98 Lakh

Analyst's Choice?

Suitability:

NA

Taxability of earnings:

Capital gains

  • If the mutual fund units are sold after 3 years from the date of investment, gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • If the mutual units are sold within 3 years from the date of investment, entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • No tax is to be paid as long as you continue to hold the units.

Dividends

  • Dividends paid by the mutual fund scheme are taxed at the rate of 25% (effectively 29.12%, including surcharge and cess). This is known as Dividend Distribution Tax (DDT). Though the investor does not pay this tax directly, it is deducted from the dividend income before passing on to the investor.

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(₹)
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Trailing Returns (%)

YTD 1 Month 3 Months 1 Years 3 Years 5 Years 10 Years
Fund 7.04 -0.12 5.15 7.51 10.37 6.89 9.22
VR Balanced TRI 11.73 1.73 7.83 12.51 13.53 8.99 9.75
Hybrid: Dynamic Asset Allocation 6.53 0.68 4.69 7.17 8.04 7.07 9.26
Rank within category 11 23 8 13 3 7 3
Number of funds in category 20 23 23 20 14 11 6

As on 13-Dec-2019

Best & Worst Performance

Best (Period) Worst (Period)
Month 11.82 (07-May-2014 - 06-Jun-2014) -7.37 (07-Sep-2018 - 08-Oct-2018)
Quarter 16.39 (30-Apr-2014 - 30-Jul-2014) -8.00 (26-Sep-2016 - 26-Dec-2016)
Year 40.81 (29-Jan-2014 - 29-Jan-2015) -7.75 (02-Mar-2015 - 01-Mar-2016)

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 10.13 8.47 0.51 0.76 0.77 -1.34
VR Balanced TRI 13.17 10.29 0.72 1.14 -- --
Hybrid: Dynamic Asset Allocation 8.05 6.67 0.33 0.58 0.54 -1.75
Rank within category 4 13 7 7 13 8
Number of funds in category 16 16 16 16 16 16

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

As on 30-Nov-2019

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 62
Top 10 Holdings (%) 37.83
Top 5 Holdings (%) 22.90
Top 3 Sectors (%) 39.22
Portfolio P/B Ratio 3.50
Portfolio P/E Ratio 24.75

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 4.00% HDFC Bank 2019 Fixed Deposits 0.00 - 7.90 7.90
equal HDFC 364-D 05/08/2020 Commercial Paper A1+ 0.00 - 2.96 2.92
new 7.32% GOI 28/01/2024 GOI Securities SOV 0.00 - 1.81 1.76
equal 9.37% State Bank of India 21/12/2023 Debenture AA+ 1.75 - 1.95 1.75
equal 7.99% LIC Housing Fin. 2029 Non Convertible Debenture AAA 0.00 - 1.76 1.71
equal 6.90% Federal Bank 24/08/2020 Fixed Deposits 0.00 - 1.40 1.35
new 5.25% HDFC Bank 14/08/2020 Fixed Deposits 0.00 - 0.71 0.71
new 5.25% HDFC Bank 2020 Fixed Deposits 0.00 - 0.71 0.71
new Biocon 26/12/2019 Futures 0.00 - -0.64 -0.64
new Nifty 50 26/12/2019 Index Derivatives 0.00 - -1.14 -1.14
new Berger Paints India 26/12/2019 Futures 0.00 - -1.24 -1.24
new HDFC Bank 26/12/2019 Futures 0.00 - -5.45 -5.45

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 Bajaj Finance Financial 49.61 4.35 0.00 4.35
down ICICI Bank Financial 67.66 3.85 0.02 3.85
equal Axis Bank Financial 47.71 3.66 0.00 3.65
equal HDFC Financial 33.50 6.45 0.00 3.16
equal Tata Consultancy Services Technology 23.99 4.10 1.03 3.13
equal State Bank of India Financial 29.35 3.00 0.00 3.00
equal ITC FMCG 21.38 5.26 1.78 2.96
equal Reliance Industries Energy 23.90 5.14 2.45 2.93
equal Infosys Technology 19.54 3.33 0.00 2.80
equal HCL Technologies Technology 14.61 2.56 0.00 2.47
equal Larsen & Toubro Construction 19.37 3.69 0.54 2.25
equal GSK Consumer Healthcare FMCG 33.05 3.05 0.00 2.24
equal Dr. Reddy's Lab Healthcare 17.12 1.54 0.00 1.54
equal Colgate-Palmolive FMCG 50.01 1.59 0.00 1.51
equal Maruti Suzuki India Automobile 35.88 1.77 0.03 1.41
equal Indraprastha Gas Energy 28.19 1.69 0.00 1.19
equal Marico FMCG 35.85 2.17 0.00 1.12
equal Kotak Mahindra Bank Financial 39.32 3.80 0.00 1.04
equal Crompton Greaves Consumer Electricals Cons Durable 33.82 1.04 0.00 1.03
up Cholamandalam Invest. & Fin. Financial 20.32 1.13 0.00 1.01
equal Aarti Industries Chemicals 25.05 1.14 0.00 1.00
equal L&T Infotech Technology 19.39 1.77 0.00 0.98
equal Aditya Birla Fashion and Retail Services 58.89 0.96 0.00 0.96
equal PI Industries Chemicals 44.90 1.35 0.00 0.93
equal Honeywell Automation Engineering 58.62 0.93 0.00 0.87

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 30-Nov-2019

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:

— 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:


0.49%

Change from previous, NAV as on 13-Dec-2019

Growth: ₹ 24.4800

Dividend Quarterly: ₹ 13.2700

Dividend Monthly: ₹ 18.1600


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
Benchmark: CRISIL Hybrid 50+50 Moderate Index
Riskometer: Moderately High
Type: Open-ended
Assets: ₹ 1,482 Cr (As on 30-Nov-2019)
Expense: 2.11% (As on 30-Nov-2019)
Risk Grade: Above Average
Return Grade: Above Average
Turnover: --

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
Dividend Monthly25-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
 27-Aug-20180.1948
 23-Jul-20180.1948
 25-Jun-20180.2214
 24-May-20180.2214
 24-Apr-20180.1948
 22-Mar-20180.2200
 20-Feb-20180.2200
 22-Jan-20180.2200
 21-Dec-20170.2200
 21-Nov-20170.2200
Dividend Quarterly24-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
 25-Apr-20140.2200
 03-Feb-20140.2200
 28-Oct-20130.2200
 26-Jul-20130.2200

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: www.edelweissmf.com

Registrar & Transfer Agent: KFin Technologies Pvt Ltd.

Address: Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills, Hyderabad - 500034

Phone: 040-23312454

Email: [email protected]

Website: www.karvymfs.com

Upcoming Video

Investors' Hangout

Why you should ditch dividend plans

dateFriday, 20-Dec-2019
time12:30 PM - 01:00 PM