3 Year return

14.63%
Launched on January 2013 (11 years)

Investment Details

₹100

Minimum SIP Amount

₹100

Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund

ENTER AMOUNT

Your Investment ₹3,00,000
Gain
  • Total Value

ENTER AMOUNT

Your Investment
Gain
  • Total Value

Risk Involved

scale

Your principal will be at

Very High Risk

Scheme Information

Asset Under Management

₹11281.66 Cr.

Expense Ratio

0.52% (inclusive of GST)

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.

Ratings

ARQ Rating
5

Ratings by other agencies

4
0
5

Tax Implications

Withdrawal within 1 year

Exit load + 15% tax on gains

Withdrawal after 1 year

10% tax on gains over ₹1 Lakh per financial year

Fund Holdings

Holdings

Edelweiss Mutual Fund Managers

BJ

Bhavesh Jain

Fund Manager since Sep 2019

View Details

Fund House Details

Edelweiss Mutual Fund

Edelweiss Mutual Fund Asset management company

AUM ₹147,767.86 Cr.
No. of Schemes 153
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Edelweiss Mutual Fund

List of mutual fund schemes by AMC

About Edelweiss Balanced Advantage Fund Direct Plan-Growth

Edelweiss Balanced Advantage Fund Direct Plan-Growth is an open-ended hybrid mutual fund scheme available to you by Edelweiss Mutual Fund. The fund engages in a balanced perspective and aims to make available to investors a blend of debt and equity investments. The majority of this fund invests actively in equity of all capitalisations, such as large-cap, mid-cap, and small-cap stocks, with the rest being invested in debt instruments such as government securities and securities of a low-risk nature.

Investment Objective of the Scheme

The investment objective of Edelweiss Balanced Advantage Fund Direct Plan-Growth is to generate medium-to-long-term capital appreciation by the active allocation of assets between debt and equity instruments. Additionally, the fund aims to create returns similar to that generated by equities with a lower degree of risk. The balance of the fund between high-risk equity, and reduced-risk debt allows the fund to aim for stability in your investment.

Key Features of The Fund

5-year return 16.72%
Expense Ratio 0.52%
Fund Manager Bhavesh Jain
Fund Size ₹11281.66 Cr
Risk Profile Very High

Is This Scheme Right for Me?

As an investor, if you want a balance investment channel, the Edelweiss Balanced Advantage Fund Direct Plan-Growth may be considered. If you are an investor who can exert a degree of patience in achieving long-term returns, you may consider this fund. While considering the scheme, investors may think of their individual financial aims and aspirations in order to make an informed choice.

AMC Contact Details

Name Edelweiss Mutual Fund
Launch Date 2009
Addresss Edelweiss House, Off. C.S.T Road, Kalina, Mumbai - 400 098
Contact 1800 425 0090
Email EMFHelp@edelweissmf.com
Website https://www.edelweissmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Ready to Invest? Start Your SIP Now!

Craft your ideal SIP plan effortlessly with our intuitive SIP return calculator, streamlining the process of initiating your SIP account. Enjoy a seamless account opening experience and embark on your investment journey with ease and assurance. With our support, you can navigate the complexities of investing with confidence, knowing that your financial goals are within reach.

FAQs

What is today's NAV of Edelweiss Balanced Advantage Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Edelweiss Balanced Advantage Fund Jun 14 2024 is 54.23

What is the AUM of Edelweiss Balanced Advantage Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Edelweiss Balanced Advantage Fund is 11281.66 crore.

What is the expense ratio of Edelweiss Balanced Advantage Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Edelweiss Balanced Advantage Fund is 0.52%

What are the returns of Edelweiss Balanced Advantage Fund since inception?

The Edelweiss Balanced Advantage Fund was launched on Jan 01 2013. The fund has delivered a CAGR of 13.56 since inception.

What is the minimum SIP amount to invest in Edelweiss Balanced Advantage Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Edelweiss Balanced Advantage Fund is 100.

How do I invest in Edelweiss Balanced Advantage Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Edelweiss Balanced Advantage Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Edelweiss Balanced Advantage Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Edelweiss Balanced Advantage Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.