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5 star

Edelweiss Balanced Advantage Fund - Direct Plan


1 Lakh

Investment Grown to
₹ 1.52 Lakh

₹ 10000

Monthly SIP Grown to
₹ 4.91 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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(₹)
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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 11.31 0.31 0.84 5.40 5.83 13.52 39.91 14.99 13.94 12.81 --
VR Balanced TRI 11.89 0.09 0.48 7.00 5.11 14.91 49.35 13.75 14.26 11.68 --
Hybrid: Dynamic Asset Allocation 9.07 0.23 0.61 4.59 4.96 10.59 32.63 10.19 10.45 10.06 --
Rank within category 5 4 4 5 6 4 5 1 1 1 --
Number of funds in category 24 25 25 25 25 24 24 16 11 8 0

As on 15-Jun-2021

Peer Comparison

Fund name Rating Launch Date 1-Year Return 3-Year Return 5-Year Return Expense Ratio Assets (Cr)
Edelweiss Balanced Advantage Fund - Direct Plan  | Invest Online
5 star
Jan-13 39.91 14.99 13.94 0.51 3,881
ICICI Prudential Balanced Advantage Fund - Direct Plan  | Invest Now
4 star
Jan-13 36.69 12.09 12.41 1.11 32,188
Aditya Birla Sun Life Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 39.86 12.97 13.04 0.74 3,601
DSP Dynamic Asset Allocation Fund - Direct Plan  | Invest Online
4 star
Feb-14 26.32 12.13 11.06 0.69 3,562
Nippon India Balanced Advantage Fund - Direct Plan  | Invest Online
4 star
Jan-13 38.09 12.03 13.38 0.32 3,515

Best & Worst Performance

Best Performance Worst Performance
Return (%) Period Return (%) Period
Week 5.91 01-Apr-2020 - 09-Apr-2020 -8.79 16-Mar-2020 - 23-Mar-2020
Month 11.91 07-May-2014 - 06-Jun-2014 -16.01 20-Feb-2020 - 23-Mar-2020
Quarter 18.47 24-Mar-2020 - 23-Jun-2020 -13.46 23-Dec-2019 - 23-Mar-2020
Year 50.60 23-Mar-2020 - 23-Mar-2021 -7.11 02-Mar-2015 - 01-Mar-2016

Risk Measures (%)

Mean Std Dev Sharpe Sortino Beta Alpha
Fund 14.33 12.27 0.82 1.09 0.65 3.52
VR Balanced TRI 14.39 18.22 0.55 0.64 -- --
Hybrid: Dynamic Asset Allocation 9.92 12.38 0.45 0.51 0.62 -0.67
Rank within category 1 8 1 1 10 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-May-2021

Asset Allocation (%)

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Concentration & Valuation

Number of Stocks 106
Top 10 Holdings (%) 35.25
Top 5 Holdings (%) 22.30
Top 3 Sectors (%) 36.81
Portfolio P/B Ratio 3.10
Portfolio P/E Ratio 25.04
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
equal National Bank Agr. Rur. Devp 199-D 02/08/2021 Commercial Paper A1+ 0.00 - 2.78 2.56
up Reserve Bank of India 364-D 03/06/2021 Treasury Bills SOV 0.00 - 1.80 1.80
equal 5.27% National Bank Agr. Rur. Devp 29/04/2024 Debenture AAA 0.00 - 1.40 1.29
equal Reserve Bank of India 364-D 06/01/2022 Treasury Bills SOV 0.00 - 1.37 1.26
equal 7.37% GOI 16/04/2023 GOI Securities SOV 0.00 - 1.21 0.68
new 8.35% GOI 2022 GOI Securities SOV 0.00 - 0.67 0.67
new 8.20% India Grid Trust 2031 Debenture AAA 0.00 - 0.67 0.67
new 7.40% India Grid Trust 26/12/2025 Debenture AAA 0.00 - 0.66 0.66
equal Reserve Bank of India 364-D 17/06/2021 Treasury Bills SOV 0.00 - 0.75 0.64
equal Reserve Bank of India 182-D 08/07/2021 Treasury Bills SOV 0.00 - 0.75 0.64
equal Reserve Bank of India 364-D 17/03/2022 Treasury Bills SOV 0.00 - 0.68 0.63
equal Reserve Bank of India 26/08/2021 Treasury Bills SOV 0.00 - 0.51 0.26
new 5.50% Britannia Inds. 2024 Non Convertible Debenture -- 0.00 - 0.00 0.00
equal Others CBLO -- - 7.42

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 ICICI Bank Financial 24.29 6.48 0.53 5.52
up Reliance Industries Energy 30.97 6.93 1.23 4.65
equal Tata Steel Metals 18.88 4.62 0.00 4.61
up HDFC Bank Financial 25.83 6.28 0.00 3.77
up Infosys Technology 32.43 4.69 0.00 3.75
up Bharti Airtel Communication -- 3.65 0.00 3.11
down State Bank of India Financial 17.11 3.00 1.02 2.84
up Axis Bank Financial 31.98 3.66 0.00 2.44
up Kotak Mahindra Bank Financial 35.15 3.05 0.00 2.00
up Vedanta Metals 8.68 5.97 0.00 1.80
equal HCL Technologies Technology 23.99 2.98 0.00 1.79
up Tata Consultancy Services Technology 37.21 4.10 1.60 1.74
up HDFC Financial 24.52 6.45 0.03 1.68
equal ITC FMCG 19.37 3.22 1.11 1.25
down Maruti Suzuki India Automobile 49.34 2.21 0.03 1.24
up Motherson Sumi Systems Automobile 74.76 1.16 0.00 1.16
up Adani Ports and Special Economic Zone Services 31.13 1.14 0.00 1.14
up Indusind Bank Financial 27.30 1.54 0.00 1.04
down Sun Pharmaceutical Industries Healthcare 55.62 2.92 0.00 1.03
up Hindustan Unilever FMCG 70.27 4.22 0.00 1.02
down Tata Motors Automobile -- 1.61 0.00 1.00
down Bajaj Finance Financial 84.13 4.35 0.00 0.98
equal ICICI Lombard General Insurance Company Financial 46.40 1.25 0.00 0.95
down Bharat Petroleum Corporation Energy 6.47 1.04 0.00 0.95
equal Asian Paints Chemicals 92.94 0.94 0.00 0.94

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-May-2021

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:


0.31%

Change from previous, NAV as on 15-Jun-2021

Growth: ₹ 36.1100

IDCW Quarterly: ₹ 20.4000

IDCW Monthly: ₹ 23.0100


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 (₹) --
Lock-in Period Not Applicable
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: 01-Jan-2013
Return Since Launch: 13.23%
Benchmark: CRISIL Hybrid 50+50 Moderate TRI
Riskometer: High
Type: Open-ended
Assets: ₹ 3,881 Cr (As on 31-May-2021)
Expense: 0.51% (As on 30-Apr-2021)
Risk Grade: Above Average
Return Grade: High
Turnover: 166.00%

Most Recent Dividends

Plan Record Date Dividend (₹ / Unit)  
IDCW Monthly25-May-20210.1500

 26-Apr-20210.1500
 23-Mar-20210.1500
 22-Feb-20210.1500
 25-Jan-20210.1500
 28-Dec-20200.1500
 25-Nov-20200.1700
 27-Oct-20200.1700
 23-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
IDCW Quarterly23-Mar-20210.2000

 28-Dec-20200.2000
 23-Sep-20200.2000
 29-Jun-20200.2000
 23-Mar-20200.1771
 24-Dec-20190.1771
 24-Jun-20190.1771
 25-Mar-20190.2214
 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
 23-Apr-20150.2200
 27-Jan-20150.3000

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

Upcoming Video

Investors' Hangout

Your investment strategy after the debt fund fiasco

DateFriday, 18-Jun-2021
Time12:30 PM - 01:00 PM