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.)
₹ 848.75
Expense Ratio
1.43%
Scheme Class
Hybrid
AMC AUM (in Crs.)
₹ 14161
Min Subscription
₹ 1000
Min Addition Subscription
₹ 1000
Performance
Comparison
Portfolio
Details
Analysis
23.29
(-0.26 %)
NAV as on 2018-11-14
Returns
Fund
Edelweiss Balanced Advantage Fund - Direct Plan
1 Year
4.02%
3 Year
8.04%
5 Year
11.46%
AMC Details
amc launch date
Launch Date
30 Apr 2008
amc sponsor
Sponsor
NA
amc email
Email
emfhelp@edelweissfin.com
amc phone
Phone
022 - 40979900
amc address
Address
Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla West, Mumbai 400070
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 scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.
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?
0.5 Yrs
1,000
Investment per month for 0.5 Years
6,071
Portfolio Value
71
Total Returns