Edelweiss Balanced Advantage Fund -Direct Plan
Scheme Type
Open-ended
Scheme Category
Dynamic Asset Allocation
Benchmark Type
NIFTY 50 Total Return(60.0)
, CRISIL Composite Bond Index(40.0)
Scheme AUM (in Crs.)
₹ 1183.99
Expense Ratio
0.67%
Scheme Class
Hybrid
AMC AUM (in Crs.)
₹ 11862
Min Subscription
₹ 5000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
AMC Details
Launch Date
30 Apr 2008
Sponsor
NA
Email
investor.amc@edelcap.com
Phone
022 - 40979900
Address
5th Floor, One Indiabulls Centre,Tower 1, 841,Senapati Bapat Marg, Mumbai - 400 013
Tax Implications
Short Term Capital Gain (Holding period < 12months):
Rates applicable to the Investor as per Tax slab.
Long Term Capital Gain:
22.88% - 23.92%
(20% with Indexation Benefit + Surcharge @ 10%-15% + 4% Health & Education Cess)
Taxation on Dividends:
28.84%
(Dividend Distribution Tax is paid by the mutual funds and not by investors.)
Risk
Moderately High
Exit Load
For units in excess of 10% of the investment,1% will be charged for redemption within 365 days
Scheme Information Document (SID)
Read mutual fund scheme information document on AMC website to know fund information in detail.
Objective
The primary objective of the Scheme will be to generate absolute returns with low volatility over a longer tenure of time. The Scheme will accordingly invest in arbitrage opportunities and debt and money market instruments on the one hand and in pure equity investments and equity derivative strategies on the other. However, there is no assurance that the investment objective of the Scheme will be realized.
Suitability
This product is suitable for investors who are seeking
• to create wealth over long term and prevent capital erosion in medium term
• investment predominantly in equity and equity related securities includingthrough arbitrage opportunities with balance exposure to debt and moneymarket securities
SIP/Lump Sum Calculator
Enter Investment Amount
For how many years?
₹1,000
Investment per month for 0.5 Years
₹6,025
Portfolio Value
₹25
Total Returns
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