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Edelweiss Balanced Advantage Fund

Edelweiss Balanced Advantage Fund

Regular PlanGrowth Option

Fund Performance

Lumpsum

SIP

15.11

as on 22 Sep 2023

3 Years

Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 15,250 today.

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NAV Performance

Edelweiss Balanced Advantage Fund performance graph for last 3 years
Performance of Edelweiss Balanced Advantage Fund for last 3 Years

Fund Information

  • ₹ 40.140

    as on 22 Sep 2023
  • Regular - Growth

  • 3 / 22

  • ₹ 5,000

  • ₹ 8,756 Cr.

    as on 31 May 2023
  • 1.74%

  • 20 Aug 2009

  • Hybrid - Dynamic Asset Allocation or Balanced Advantage

  • Nifty 50

  • Edelweiss Mutual Fund

    Show All Funds

Highlights of this fund

Edelweiss Balanced Advantage Fund is an Open-ended Hybrid Fund. The fund belongs to Dynamic Asset Allocation or Balanced Advantage category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 20 Aug 2009. This fund is offered by one of the top AMC (Assets Management Company) Edelweiss Mutual Fund. You can also view here all other Hybrid funds offered by Edelweiss Mutual Fund.

Latest NAV of the fund is ₹ 40.140 as on 22 Sep 2023.

This fund has 14 years of track record. Since 31 Mar 2023 expense ratio of this fund is 1.74%. Ideally you shoulds compare this fund with the benchmark Nifty 50.

You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.

Fund Objective

To generate absolute returns with low volatility over a longer tenure of time. The scheme will invest inarbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.The Scheme proposes to allocate assets to both equity and debt markets based upon the market view.

List of Fund Managers of Edelweiss Balanced Advantage Fund

  • About Bhavesh Jain

    Picture of Bhavesh JainBhavesh started his career with Edelweiss Asset Management in January 2008 and has over 10 years of rich experience in the financial markets. He had joined in the Low Risk Trading team which is responsible for looking at arbitrage between SGX Nifty and NSE Nifty along with normal cash-future and index arbitrage. Today, he’s a Fund Manager with us managing several funds which are part of Risk Adjusted Returns Strategies in addition to ETFs. With a Masters in Management Studies from N.L. Dalmia Institute – Mumbai University and an MBA in Finance, also from Mumbai University, his philosophy revolves around keeping it simple, honest and most importantly real!
  • About Bharat Lahoti

    Picture of Bharat LahotiBharat comes with 13 years of experience in areas spanning portfolio management, macro and sector research. He has previously worked with marquee investment banks and asset management companies. His last assignment prior to joining Edelweiss Asset Management Limited was with DE Shaw Group, a global hedge fund, as a senior manager working on fundamental and quantitative research ideas. With a Master in Management Studies (MMS) in Finance from N.L. Dalmia Institute of Management and a Bachelor in Engineering (BE) in Electronics and Telecom from Mumbai University, he strongly believes that discipline and persistence are the most important qualities that can make or break you.
  • About Rahul Hemchand Dedhia

    Picture of Rahul Hemchand Dedhia

Riskometer : Risk associated with this fund

Investors understand that their principal will be at Very High Risk

Fund Return Comparison

Fund Name 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 3.02% 13.98% 26.43% 25.12% 18.36% 29.70% 15.26% 16.10% 37.05% 22.96% 23.24% 20.62% 15.54%
Category Average 1.25% 4.40% 11.21% 11.48% 7.50% 12.74% 9.44% 12.14% 16.09% 11.34% 10.80% 11.30% 10.56%
Edelweiss Balanced Advantage Fund 0.83%₹ 10,082 4.04%₹ 10,404 11.66%₹ 11,165 10.27%₹ 11,027 14.67%₹ 12,933 5.81%₹ 11,196 10.22%₹ 26,600 15.11%₹ 15,250 10.76%₹ 42,307 11.61%₹ 17,331 13.02%₹ 83,196 11.72%₹ 30,340 11.29%₹ 2,15,774
HDFC Balanced Advantage Fund 3.02%₹ 10,302 9.71%₹ 10,970 18.63%₹ 11,862 22.34%₹ 12,233 28.73%₹ 13,793 18.36%₹ 14,007 22.96%₹ 29,976 29.70%₹ 21,818 23.24%₹ 50,503 15.26%₹ 20,360 20.62%₹ 1,00,221 16.10%₹ 44,554 15.54%₹ 2,70,806
ICICI Prudential Balanced Advantage Fund 1.73%₹ 10,172 4.55%₹ 10,455 10.50%₹ 11,050 11.12%₹ 11,112 14.75%₹ 12,938 9.31%₹ 11,948 11.71%₹ 26,989 15.42%₹ 15,377 11.94%₹ 43,044 11.24%₹ 17,046 12.75%₹ 82,630 12.58%₹ 32,755 11.28%₹ 2,15,628
Kotak Balance Advantage Fund 1.19%₹ 10,118 3.58%₹ 10,357 10.12%₹ 11,011 10.53%₹ 11,052 13.83%₹ 12,880 6.66%₹ 11,377 10.35%₹ 26,635 12.08%₹ 14,079 9.98%₹ 41,826 10.51%₹ 16,492 11.28%₹ 79,673 - -
Union Balanced Advantage Fund 1.04%₹ 10,103 3.44%₹ 10,344 8.82%₹ 10,882 8.82%₹ 10,882 11.67%₹ 12,745 5.15%₹ 11,056 8.39%₹ 26,129 11.61%₹ 13,902 8.08%₹ 40,676 10.21%₹ 16,269 10.50%₹ 78,141 - -
Nippon India Balanced Advantage Fund 1.79%₹ 10,179 4.62%₹ 10,462 11.36%₹ 11,135 9.93%₹ 10,992 14.62%₹ 12,930 6.82%₹ 11,410 10.81%₹ 26,754 14.45%₹ 14,992 10.87%₹ 42,378 9.79%₹ 15,956 11.42%₹ 79,961 12.28%₹ 31,895 10.48%₹ 2,06,685

Portfolio Holdings

Portfolio holdings pattern of Edelweiss Balanced Advantage Fund as on 26 Sep 2023 are listed below:

  • Equity Holdings:

    76.41%
  • Debt Holdings:

    15.78%
  • Others Holdings:

    7.81%

Top Sector Holdings of Edelweiss Balanced Advantage Fund

Name of SectorHolding PercentageHolding Values in Crore
Banks 17.87% ₹ 1,623.43 Cr.
Computers - Software 5.93% ₹ 539.40 Cr.
Refineries/Marketing 5.85% ₹ 531.20 Cr.
Housing Finance 4.23% ₹ 384.22 Cr.
Cigarettes 3.72% ₹ 337.92 Cr.
Others 62.40% -

Top Stock Holdings of Edelweiss Balanced Advantage Fund

Name of StocksHolding PercentageHolding Values in Crore
ICICI Bank Ltd. 5.60% ₹ 508.66 Cr.
Reliance Industries Ltd. 5.46% ₹ 496.08 Cr.
Housing Development Finance Corporation Ltd. 4.23% ₹ 384.22 Cr.
Axis Bank Ltd. 3.83% ₹ 347.64 Cr.
ITC Limited 3.72% ₹ 337.92 Cr.
Others 77.16% -

Top Debt Instrument Type holdings of Edelweiss Balanced Advantage Fund

Instrument TypeHolding PercentageHolding Values in Crore
NCD & Bonds 10.69% ₹ 971.53 Cr.
GOI 5.04% ₹ 457.73 Cr.
T-Bills 0.05% ₹ 4.82 Cr.
Others 84.22% -

Top Debt Holdings of Edelweiss Balanced Advantage Fund

Name of Debt InstrumentHolding PercentageHolding Values in Crore
Bond - Govt of India 5.04% ₹ 457.73 Cr.
Bond - National Bank for Agriculture & Rural Development 2.15% ₹ 195.10 Cr.
Bond - Power Finance Corporation Ltd. 1.94% ₹ 176.45 Cr.
Bond - Rural Electrification Corporation Limited 1.93% ₹ 175.64 Cr.
Bond - Export Import Bank Of India 1.65% ₹ 149.70 Cr.
Others 87.29%

Other Holdings

Holding TypeHolding Percentage
TREPS 4.87%
Net Receivables 1.90%
MF Units 0.68%
InvITs 0.30%
Warrants 0.06%