EDELWEISS BALANCED ADVANTAGE FUND-REG(G)

Product name Return type 1 yr(%) 3 yr(%) 5 yr(%)

EDELWEISS BALANCED ADVANTAGE FUND-REG(G)

market linked -0.44 % 14.29 % 10.78 %

BenchMark : NIFTY 50 Hybrid Composite Debt 50:50 Index

BenchMark Return - - -

Value of Rs. 1,00,000 Invested

current value 99560 149287 166842
scheme objective The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility over a longer tenure of time. The Scheme will accrodingly invest in equities, arbitrage opportunities and derivative strategies on the one hand and debt and money market instruments on the other. The Scheme may also invest in Infrastructure investment Trusts and Real Estate Investment Trusts. However there is no assurance that the investment objective of the Scheme will be realized.
Category Mutual Fund>Equity>Diversified
Fund Type Open Ended
Fund Manager Bhavesh Jain
Minimum Amount for Lumpsum Investment (Rs.) 5000
Minimum Amount for SIP Investment (Rs.) 1000
Nav Date 23/09/2022
Nav 35.98
AUM (Cr.) 8732.66
AUM Date 31/08/2022
Expense Ratio Currently 2
Expense Ratio Date Currently 28/09/2020
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load NIL
Exit Load Nil for 10% of Units on or before 365D, For remaining units 1% on or before 365D and Nil after 365D
Tax Treatment of Income 15% short term capital gains tax, 10% long term capital gains tax on incremental gains above 1 Lac in a given financial year.
Tax Benefit on Investment Not Available
Withdrawal Anytime
Pros
Cons
Risk Factor All investments in mutual funds are subject to market risks and the NAV of the schemes may go up or down depending upon the factors and forces affecting the securities market and there can be no assurance that the fund's objectives will be achieved. Past performance of the Fund does not indicate the future performance of the Schemes of the Fund.
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