Edelweiss Balanced Advantage Fund – Dir Growth

Hybrid · Dynamic Asset Allocation or Balanced Advantage
 · ★★★★
100
Min SIP
100
Min Lumpsum
0.52 %
Expense Ratio
★★★★
Rating
10,349
Fund Size (in Cr)
11 Years
Fund Age
Mutual Fund SIP Calculator
Monthly Investment
Max: ₹1,00,000
Investment Period
Yrs
Max: 5 yrs
  • Invested Amount
    --
  • Wealth Gained
    --
  • Expected Amount
    --

Scheme Performance

Returns and Ranks ( as on 23 February 2024 )
1Y1Y 3Y3Y 5Y5Y MaxMax
Trailing Returns 24.8% 13.9% 16.6% 13.2%
Category Average 24.3% 15.1% 16.5% -

Scheme Allocation

By Holding
By Sector
By Asset
5.35%
4.61%
2.71%
Others
81.63%
View all Holdings
Holdings Sector Instrument Asset
HDFC Bank Banks Equity 5.35%
ICICI Bank Banks Equity 4.61%
Reliance Industr Refineries Equity 3.62%
Infosys IT - Software Equity 2.71%
Bharti Airtel Telecomm-Service Equity 2.08%
Larsen & Toubro Infrastructure Developers & Operators Equity 1.95%
Axis Bank Banks Equity 1.8%
Maruti Suzuki Automobile Equity 1.78%
ITC Tobacco Products Equity 1.77%
St Bk of India Banks Equity 1.77%
NTPC Power Generation & Distribution Equity 1.69%
TVS Motor Co. Automobile Equity 1.6%
B P C L Refineries Equity 1.56%
Tata Motors Automobile Equity 1.54%
TCS IT - Software Equity 1.49%
Bajaj Finance Finance Equity 1.44%
Sun Pharma.Inds. Pharmaceuticals Equity 1.19%
Britannia Inds. FMCG Equity 1.1%
Container Corpn. Logistics Equity 1.03%
Brigade Enterpr. Realty Equity 1.02%
Hind. Unilever FMCG Equity 0.94%
Indian Hotels Co Hotels & Restaurants Equity 0.88%
Punjab Natl.Bank Banks Equity 0.87%
Apollo Tyres Tyres Equity 0.85%
Tech Mahindra IT - Software Equity 0.85%
Samvardh. Mothe. Auto Ancillaries Equity 0.85%
HCL Technologies IT - Software Equity 0.85%
Dr Reddy's Labs Pharmaceuticals Equity 0.81%
Godrej Consumer FMCG Equity 0.78%
Eicher Motors Automobile Equity 0.78%
Cummins India Capital Goods-Non Electrical Equipment Equity 0.76%
Interglobe Aviat Air Transport Service Equity 0.75%
Bank of Baroda Banks Equity 0.74%
Federal Bank Banks Equity 0.74%
Nestle India FMCG Equity 0.73%
Bajaj Finserv Finance Equity 0.73%
Coal India Mining & Mineral products Equity 0.72%
Multi Comm. Exc. Miscellaneous Equity 0.72%
H P C L Refineries Equity 0.7%
Kajaria Ceramics Ceramic Products Equity 0.69%
Indian Bank Banks Equity 0.69%
Kotak Mah. Bank Banks Equity 0.69%
SBI Life Insuran Insurance Equity 0.66%
Torrent Power Power Generation & Distribution Equity 0.64%
UltraTech Cem. Cement Equity 0.64%
IndusInd Bank Banks Equity 0.62%
Colgate-Palmoliv FMCG Equity 0.62%
Bosch Auto Ancillaries Equity 0.6%
NMDC Mining & Mineral products Equity 0.57%
Asian Paints Paints/Varnish Equity 0.56%
Zydus Lifesci. Pharmaceuticals Equity 0.56%
IDFC First Bank Banks Equity 0.56%
AIA Engineering Castings, Forgings & Fastners Equity 0.56%
3M India Diversified Equity 0.55%
A B B Capital Goods - Electrical Equipment Equity 0.54%
CreditAcc. Gram. Finance Equity 0.53%
Chola Financial Finance Equity 0.52%
Tata Steel Steel Equity 0.5%
Uno Minda Auto Ancillaries Equity 0.5%
Alkem Lab Pharmaceuticals Equity 0.49%
Trent Retail Equity 0.49%
Avenue Super. Retail Equity 0.49%
Tata Elxsi IT - Software Equity 0.48%
Mphasis IT - Software Equity 0.45%
GAIL (India) Gas Distribution Equity 0.45%
Sona BLW Precis. Auto Ancillaries Equity 0.45%
Hindalco Inds. Non Ferrous Metals Equity 0.44%
Supreme Inds. Plastic products Equity 0.42%
United Spirits Alcoholic Beverages Equity 0.42%
Zomato Ltd E-Commerce/App based Aggregator Equity 0.4%
P I Industries Agro Chemicals Equity 0.4%
Westlife Food Quick Service Restaurant Equity 0.39%
Go Fashion (I) Textiles Equity 0.38%
JSW Energy Power Generation & Distribution Equity 0.37%
Coforge IT - Software Equity 0.37%
Manappuram Fin. Finance Equity 0.36%
Max Healthcare Healthcare Equity 0.34%
Craftsman Auto Auto Ancillaries Equity 0.33%
Avalon Tech Consumer Durables Equity 0.33%
Sundaram Finance Finance Equity 0.31%
Prestige Estates Realty Equity 0.29%
Persistent Sys IT - Software Equity 0.28%
United Breweries Alcoholic Beverages Equity 0.23%
ICICI Lombard Insurance Equity 0.21%
JSW Infrast Marine Port & Services Equity 0.2%
Apollo Hospitals Healthcare Equity 0.2%
Power Fin.Corpn. Finance Equity 0.12%
Vedanta Mining & Mineral products Equity 0.11%
Adani Enterp. Trading Equity 0.1%
GMR Airports Inf Infrastructure Developers & Operators Equity 0.05%
Lupin Pharmaceuticals Equity 0.03%
Havells India Consumer Durables Equity 0.02%
Polycab India Cables Equity 0.01%
PVR Inox Entertainment Equity 0.01%
B H E L Capital Goods - Electrical Equipment Equity 0.01%
ACC Cement Equity 0.01%
Ashok Leyland Automobile Equity 0.01%
Siemens Capital Goods - Electrical Equipment Equity 0%
Tata Power Co. Power Generation & Distribution Equity 0%
Dr Lal Pathlabs Healthcare Equity 0%
Titan Company Diamond, Gems and Jewellery Equity 0%
Voltas Consumer Durables Equity 0%
Debt
22.87%
Banks
18.44%
IT-Software
7.48%
Petroleum Products
5.88%
Automobiles
5.7%
Others
39.63%
View all Sectors
Sectors Asset
Debt 22.87%
Banks 18.44%
IT-Software 7.48%
Petroleum Products 5.88%
Automobiles 5.7%
Finance 4.01%
Auto Components 3.58%
Pharmaceuticals & Biotech 3.08%
Diversified FMCG 2.71%
Power 2.7%
Telecom-Services 2.08%
Construction 1.95%
Food Products 1.83%
Transport Services 1.78%
Retailing 1.76%
Industrial Products 1.75%
Personal Products 1.4%
Realty 1.31%
Consumer Durables 1.27%
Leisure Services 1.27%
Electrical Equipments 0.89%
Insurance 0.87%
Capital Markets 0.72%
Consumable Fuels 0.72%
Cement & Cement Products 0.65%
Beverages 0.65%
Minerals & Mining 0.57%
Diversified 0.55%
Healthcare Services 0.54%
Ferrous Metals 0.5%
Gas 0.45%
Non-Ferrous Metals 0.44%
Fertilisers & Agrochemica 0.4%
Others 0.28%
Transport Infrastructure 0.25%
Diversified Metals 0.11%
Metals & Minerals Trading 0.1%
Entertainment 0.01%
Agricultural, Commercial 0.01%
Cash & Others -1.79%
Equity
78.41%
Non Convertable Debenture
8.63%
Reverse Repos
8.26%
Govt Securities / Sovereign
4.65%
Debt & Others
0.85%

Advance Ratio

2.89
Alpha
2.21
SD
0.55
Beta
1
Sharpe

Exit Load

Exit Load 10% of the units alloted shall be redeemed without any Exit Load on or before completion of 90 days from the date of allotment shall be subject to the following Exit Load: 1.00% - If redeemed or switched out before completion of 90 days from the date of alotment. Nil - If redeemed or switched out after 90 days from the date of allotment.

Fund Objective

The Edelweiss Balanced Advantage Fund is a hybrid scheme that dynamically allocates its assets between equity and debt. It was launched on 20th August 2009 by Edelweiss Mutual Fund.

The Edelweiss Balanced Advantage Fund distributes the majority of its equity investments across the finance, IT, chemicals, auto and auto ancillary, and energy sectors. Its debt investments are distributed across AAA-rated bonds and similar securities. It is managed by Bhavesh Jain, Bharat Lahoti for the equity portion, and Rahul Dedhia for the debt portion.

The scheme’s objective is to attain long-term capital appreciation with relatively lower fluctuations in value. It aims to achieve its objective by adjusting its portfolio composition between equity and debt securities based on prevailing market conditions. It endeavours to increase exposure to equities during upward-trending markets and switch to debt securities during downward-trending markets.

Under normal circumstances, the scheme allocates a minimum of 65% of its assets toward equity and equity-related instruments, with the flexibility to allocate up to 35% of its assets toward debt securities, REITs, and InvITs.

Pros & Cons

Pros

Cons

The Edelweiss Balanced Advantage Fund has outperformed the category average in terms of Sharpe ratio over the past three years, exhibiting its capacity to deliver higher returns per unit of risk. The Edelweiss Balanced Advantage Fund’s annualized returns have been slightly lower than its category average and its benchmark, the NIFTY 50 Hybrid Composite Debt

50:50 Index.

The scheme primarily invests in large-cap stocks that are highly liquid, allowing for smooth and efficient redemption processes. It has a higher beta than its category average, indicating higher volatility than its peers.
It has a high R-squared ratio of 0.93, indicating that its performance is closely aligned with the benchmark index. Its investment approach and growth prospects are structured for a long-term investment perspective, requiring investors to be willing to hold the scheme for an extended period.

 

How to invest in Edelweiss Balanced Advantage Fund?

5paisa makes it simple and convenient for users to invest in the Edelweiss Balanced Advantage Fund Direct-Growth. The procedure is straightforward, can be finished quickly, and does not include any paperwork at any point. Invest a few minutes in carrying out the steps listed below:

Step 1 – Login to 5paisa. If you do not have an account, you can register and create a new one right away.

Step 2 – Once logged in to your account, you can search for the preferred Edelweiss Mutual fund scheme. Alternatively, you can view All Mutual Funds and choose Edelweiss AMC from the filter.

Step 3 – Select the Best fund according to your criteria.

Step 4 – If you wish to invest a lumpsum amount, click on “One-Time”. Alternatively, you can start an SIP by clicking on “Start SIP”.

Step 5 – Once you have made the payment, you will see the investment status in your orderbook.

And you are done! Your Edelweiss Mutual Fund Investment with 5paisa is complete, and you can enjoy the returns!

Download 5paisa App and start investing in Mutual Funds in easily.

What is the expense ratio of the Edelweiss Balanced Advantage Fund?

When referring to the Edelweiss Balanced Advantage Fund Direct-Growth or any other mutual fund, the word “Expense Ratio” refers to the fund’s annual operating expenses as a percentage of its total assets, which can impact a scheme’s returns for investors. A lower expense ratio usually means the fund is less costly and may generate higher returns for the investors.

Who should invest in Edelweiss Balanced Advantage Fund?

The Edelweiss Balanced Advantage Fund is suitable for investors looking to build wealth over the long term and preserve capital in the medium term. It is designed for those seeking a balanced investment approach that primarily invests in equity and equity-related securities, including through arbitrage opportunities, with limited exposure to debt and money market securities.

The Edelweiss Balanced Advantage Fund is a top performer in its category, consistently delivering returns near its benchmark, the NIFTY 50 Hybrid Composite Debt 50:50 Index. With a Compound Annual Growth Rate (CAGR) of approximately 12.2% since its inception, the scheme has demonstrated strong annualized growth performance.

The scheme is well-suited for investors with a long-term investment outlook of at least 5 years and a very high-risk appetite. It is important to note that the scheme may experience negative returns in the short term and is, therefore, unsuitable for those who are risk-averse or seeking short-term investment options.

What are the benefits of investing in the Edelweiss Balanced Advantage Fund?

● Investing in the Edelweiss Balanced Advantage Fund provides the advantage of a balanced portfolio that invests in strong businesses, mainly large-cap companies on the equity side, and high-quality AAA-rated bonds and related securities on the debt side, offering stability and dependable returns.
● The scheme adopts high equity exposure during bull markets and makes quick adjustments to equity levels during bear markets. This approach provides both the opportunity to capture the gains in bull markets and the protection against losses in bear markets, giving investors the best of both worlds.
● The scheme’s performance has closely tracked its benchmark since launch, making it one of the top performers in the hybrid scheme category.
● The Edelweiss Balanced Advantage Fund has a positive track record, as it has never posted negative returns on either a 3-year or 5-year rolling basis. On average, it has achieved returns of around 10.56% and 10.60% over these periods, respectively.
● The scheme follows an unbiased asset allocation approach guided by its distinctive Pro-cyclical model. The fund managers primarily focus on stock selection, avoiding discretionary decisions influenced by intuition.

Fund Managers

Bhavesh Jain

Risk-O-Meter

Peer Comparison

Fund Name

AMC Contact Details

Edelweiss Mutual Fund
AUM:
1,39,194 Cr
Address:
Edelwiess House, Off.C.S.T. Road, Kalina, Mumbai - 400 098.
Contact:
+91 022 40979737
Email ID:
EMFHelp@Edelweissmf.com

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Frequently Asked Questions

How to invest in Edelweiss Balanced Advantage Fund – Dir Growth ?

You can invest in Edelweiss Balanced Advantage Fund – Dir Growth in a quick and simple process. Follow the below steps;
  • Login to your 5paisa account, Go to the Mutual Funds section.
  • Search for Edelweiss Balanced Advantage Fund – Dir Growth in the search box.
  • Click on "Start SIP" if you wish to do a SIP or click on “One-time” if you wish to invest a lumpsum amount then click on "Invest Now"

What is the NAV of Edelweiss Balanced Advantage Fund – Dir Growth ?

The NAV of Edelweiss Balanced Advantage Fund – Dir Growth is ₹50.7 as of 23 February 2024.

How to redeem Edelweiss Balanced Advantage Fund – Dir Growth holding ?

You can go to your holding on the app and click on the fund name you will get two options Invest More and Redeem; click on redeem and enter the amount or units you desire to redeem or you can tick on “Redeem all units”.

What is the minimum sip amount of Edelweiss Balanced Advantage Fund – Dir Growth?

The minimum SIP amount of Edelweiss Balanced Advantage Fund – Dir Growth is ₹100

What are the top sectors Edelweiss Balanced Advantage Fund – Dir Growth has invested in?

The top sectors Edelweiss Balanced Advantage Fund – Dir Growth has invested in are
  1. Debt - 22.87%
  2. Banks - 18.44%
  3. IT-Software - 7.48%
  4. Petroleum Products - 5.88%
  5. Automobiles - 5.7%

Can I make investments in both the SIP and Lump Sum schemes of Edelweiss Balanced Advantage Fund – Dir Growth?

Yes, You can select both SIP or Lumpsum investment of Edelweiss Balanced Advantage Fund – Dir Growth based on your investment objective and risk tolerance.

How much returns have Edelweiss Balanced Advantage Fund – Dir Growth generated ?

The Edelweiss Balanced Advantage Fund – Dir Growth has delivered 13.2% since inception

What is the expense ratio of Edelweiss Balanced Advantage Fund – Dir Growth ?

The expense ratio of Edelweiss Balanced Advantage Fund – Dir Growth is 0.52 % as of 23 February 2024.

What is the AUM of Edelweiss Balanced Advantage Fund – Dir Growth?

The AUM of Edelweiss Balanced Advantage Fund – Dir Growth is ₹1,39,194 Cr as of 23 February 2024

What are the top stock holdings of Edelweiss Balanced Advantage Fund – Dir Growth?

The top stock holdings of Edelweiss Balanced Advantage Fund – Dir Growth are
  1. HDFC Bank - 5.35%
  2. ICICI Bank - 4.61%
  3. Reliance Industr - 3.62%
  4. Infosys - 2.71%
  5. Bharti Airtel - 2.08%

How can I redeem my investments in Edelweiss Balanced Advantage Fund – Dir Growth?

Step 1: Visit the fund house's website
Step 2: Log in to your account by adding Folio No. and M-Pin
Step 3: Click on Widhrawal > Redemption
Step 4: Select Edelweiss Balanced Advantage Fund – Dir Growth in Scheme, enter the redemption amount, and click on submit button.
Invest Now