EDELWEISS BALANCED ADVANTAGE FUND-REG(G)

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

EDELWEISS BALANCED ADVANTAGE FUND-REG(G)

market linked 24.46 % 13.16 % 14.00 %

BenchMark : NIFTY 50 Hybrid Composite Debt 50:50 Index

BenchMark Return - - -

Value of Rs. 1,00,000 Invested

current value 124460 144903 192541
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>Hybrid>Dynamic Asset Allocation or Balanced Advantage
Fund Type Open Ended
Fund Manager Bhavesh Jain
Minimum Amount for Lumpsum Investment (Rs.) 100
Minimum Amount for SIP Investment (Rs.) 100
Nav Date 16/04/2024
Nav 45.65
AUM (Cr.) 10737.61
AUM Date 31/03/2024
Expense Ratio Currently 2
Expense Ratio Date Currently 31/03/2024
Modified Duration(Yrs) -
Modified Duration Date(Yrs) -
YTM -
YTM Date -
Entry Load NIL
Exit Load Nil upto 10% of units and 1% for remaining units on or before 90D, Nil after 90D
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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