How to Invest in Edelweiss Balanced Advantage Fund Direct Growth?

You can easily invest in Edelweiss Balanced Advantage Fund Direct Growth in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Edelweiss Balanced Advantage Fund Direct Growth from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Edelweiss Balanced Advantage Fund Direct Growth as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Edelweiss Balanced Advantage Fund Direct Growth provide?

The Edelweiss Balanced Advantage Fund Direct Growth has been there from 21 Jan 2013 and the average annual returns provided by this fund is 12.19% since its inception.

How much expense ratio is charged by Edelweiss Balanced Advantage Fund Direct Growth?

The term Expense Ratio used for Edelweiss Balanced Advantage Fund Direct Growth or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Edelweiss Balanced Advantage Fund Direct Growth is 0.48% as of 04 Dec 2023...

What is the AUM of Edelweiss Balanced Advantage Fund Direct Growth?

The AUM, short for Assets Under Management of Edelweiss Balanced Advantage Fund Direct Growth is ₹9,338.02Cr as of 04 Dec 2023.

How to Redeem Edelweiss Balanced Advantage Fund Direct Growth?

If you want to sell your Edelweiss Balanced Advantage Fund Direct Growth holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Edelweiss Balanced Advantage Fund Direct Growth?

You can select either SIP or Lumpsum investment of Edelweiss Balanced Advantage Fund Direct Growth based on your investment objective and risk tolerance.

What is the NAV of Edelweiss Balanced Advantage Fund Direct Growth?

The NAV of Edelweiss Balanced Advantage Fund Direct Growth is ₹46.40 as of 01 Dec 2023.

What is the PE and PB ratio of Edelweiss Balanced Advantage Fund Direct Growth?

The PE ratio ratio of Edelweiss Balanced Advantage Fund Direct Growth is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Edelweiss Balanced Advantage Fund Direct Growth - NAV, Mutual Fund Performance & Portfolio

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Edelweiss Balanced Advantage Fund Direct Growth
Hybrid
Dynamic Asset Allocation
Very High Risk
14.39%
3Y annualised
+0.52% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 01 Dec 2023₹46.40
Min. SIP amount₹100
Rating4
Fund size₹9,338.02Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Hybrid Dynamic Asset Allocation
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns12.2%14.4%14.3%12.7%
Category average12.0%12.0%10.7%NA
Rank with in category1634NA
Understand terms
Holdings (110)NameSectorInstrumentAssets
HDFC Bank Ltd.
FinancialEquity5.4%
ICICI Bank Ltd.
FinancialEquity4.8%
Reliance Industries Ltd.
EnergyEquity4.1%
GOI
SovereignGOI Sec2.7%
Reserve Bank of India
FinancialT-Bills2.6%
Infosys Ltd.
TechnologyEquity2.5%
ITC Ltd.
Consumer StaplesEquity2.1%
Axis Bank Ltd.
FinancialEquity2.0%
Bharti Airtel Ltd.
CommunicationEquity2.0%
State Bank of India
FinancialEquity1.9%
See All
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.48%
23 Nov 2023 - 24 Nov 2023
0.48%
22 Nov 2023 - 23 Nov 2023
0.48%
21 Nov 2023 - 22 Nov 2023
0.48%
20 Nov 2023 - 21 Nov 2023
0.48%
17 Nov 2023 - 20 Nov 2023
0.48%
16 Nov 2023 - 17 Nov 2023
0.48%
15 Nov 2023 - 16 Nov 2023
0.48%
10 Nov 2023 - 15 Nov 2023
0.48%
09 Nov 2023 - 10 Nov 2023
0.48%
08 Nov 2023 - 09 Nov 2023
0.48%
07 Nov 2023 - 08 Nov 2023
0.48%
06 Nov 2023 - 07 Nov 2023
0.48%
03 Nov 2023 - 06 Nov 2023
0.48%
02 Nov 2023 - 03 Nov 2023
0.48%
01 Nov 2023 - 02 Nov 2023
0.48%
31 Oct 2023 - 01 Nov 2023
0.48%
30 Oct 2023 - 31 Oct 2023
0.48%
27 Oct 2023 - 30 Oct 2023
0.48%
26 Oct 2023 - 27 Oct 2023
0.48%
25 Oct 2023 - 26 Oct 2023
0.48%
23 Oct 2023 - 25 Oct 2023
0.48%
20 Oct 2023 - 23 Oct 2023
0.48%
19 Oct 2023 - 20 Oct 2023
0.48%
18 Oct 2023 - 19 Oct 2023
0.48%
17 Oct 2023 - 18 Oct 2023
0.48%
16 Oct 2023 - 17 Oct 2023
0.48%
13 Oct 2023 - 16 Oct 2023
0.48%
12 Oct 2023 - 13 Oct 2023
0.48%
11 Oct 2023 - 12 Oct 2023
0.48%
10 Oct 2023 - 11 Oct 2023
0.48%
09 Oct 2023 - 10 Oct 2023
0.48%
06 Oct 2023 - 09 Oct 2023
0.48%
05 Oct 2023 - 06 Oct 2023
0.48%
04 Oct 2023 - 05 Oct 2023
0.48%
03 Oct 2023 - 04 Oct 2023
0.48%
30 Sep 2023 - 03 Oct 2023
0.48%
29 Sep 2023 - 30 Sep 2023
0.48%
27 Sep 2023 - 29 Sep 2023
0.48%
26 Sep 2023 - 27 Sep 2023
0.48%
25 Sep 2023 - 26 Sep 2023
0.48%
22 Sep 2023 - 25 Sep 2023
0.48%
21 Sep 2023 - 22 Sep 2023
0.48%
20 Sep 2023 - 21 Sep 2023
0.48%
18 Sep 2023 - 20 Sep 2023
0.48%
15 Sep 2023 - 18 Sep 2023
0.48%
14 Sep 2023 - 15 Sep 2023
0.48%
13 Sep 2023 - 14 Sep 2023
0.48%
12 Sep 2023 - 13 Sep 2023
0.48%
11 Sep 2023 - 12 Sep 2023
0.48%
08 Sep 2023 - 11 Sep 2023
0.48%
07 Sep 2023 - 08 Sep 2023
0.48%
06 Sep 2023 - 07 Sep 2023
0.48%
05 Sep 2023 - 06 Sep 2023
0.48%
04 Sep 2023 - 05 Sep 2023
0.48%
01 Sep 2023 - 04 Sep 2023
0.49%
31 Aug 2023 - 01 Sep 2023
0.49%
31 Jul 2023 - 31 Aug 2023
0.49%
30 Jun 2023 - 31 Jul 2023
0.49%
31 May 2023 - 30 Jun 2023
0.50%
30 Apr 2023 - 31 May 2023
0.51%
31 Mar 2023 - 30 Apr 2023
0.52%
28 Feb 2023 - 31 Mar 2023
0.51%
31 Jan 2023 - 28 Feb 2023
0.51%
31 Dec 2022 - 31 Jan 2023
0.48%
31 Dec 2022 - 31 Dec 2022
0.48%
31 Dec 2022 - 31 Dec 2022
0.48%
30 Nov 2022 - 31 Dec 2022
0.48%
30 Nov 2022 - 30 Nov 2022
0.48%
30 Nov 2022 - 30 Nov 2022
0.48%
31 Oct 2022 - 30 Nov 2022
0.47%
31 Oct 2022 - 31 Oct 2022
0.47%
31 Oct 2022 - 31 Oct 2022
0.47%
30 Sep 2022 - 31 Oct 2022
0.47%
30 Sep 2022 - 30 Sep 2022
0.47%
30 Sep 2022 - 30 Sep 2022
0.47%
31 Aug 2022 - 30 Sep 2022
0.47%
31 Aug 2022 - 31 Aug 2022
0.47%
31 Jul 2022 - 31 Aug 2022
0.47%
31 Jul 2022 - 31 Jul 2022
0.47%
30 Jun 2022 - 31 Jul 2022
0.47%
30 Jun 2022 - 30 Jun 2022
0.47%
31 May 2022 - 30 Jun 2022
0.47%
31 May 2022 - 31 May 2022
0.47%
30 Apr 2022 - 31 May 2022
0.46%
30 Apr 2022 - 30 Apr 2022
0.46%
31 Mar 2022 - 30 Apr 2022
0.43%
31 Mar 2022 - 31 Mar 2022
0.43%
28 Feb 2022 - 31 Mar 2022
0.45%
28 Feb 2022 - 28 Feb 2022
0.45%
31 Jan 2022 - 28 Feb 2022
0.44%
31 Dec 2021 - 31 Jan 2022
0.45%
30 Nov 2021 - 31 Dec 2021
0.46%
31 Oct 2021 - 30 Nov 2021
0.45%
30 Sep 2021 - 31 Oct 2021
0.42%
31 Aug 2021 - 30 Sep 2021
0.44%
31 Jul 2021 - 31 Aug 2021
0.46%
30 Jun 2021 - 31 Jul 2021
0.48%
31 May 2021 - 30 Jun 2021
0.50%
30 Apr 2021 - 31 May 2021
0.51%
31 Mar 2021 - 30 Apr 2021
0.52%
28 Feb 2021 - 31 Mar 2021
0.54%
31 Jan 2021 - 28 Feb 2021
0.56%
31 Dec 2020 - 31 Jan 2021
0.59%
30 Nov 2020 - 31 Dec 2020
0.63%
31 Oct 2020 - 30 Nov 2020
0.68%
30 Sep 2020 - 31 Oct 2020
0.66%
31 Aug 2020 - 30 Sep 2020
0.60%
31 Jul 2020 - 31 Aug 2020
0.60%
30 Jun 2020 - 31 Jul 2020
0.68%
31 May 2020 - 30 Jun 2020
0.69%
30 Apr 2020 - 31 May 2020
0.69%
31 Mar 2020 - 30 Apr 2020
0.58%
29 Feb 2020 - 31 Mar 2020
0.54%
31 Jan 2020 - 29 Feb 2020
0.58%
31 Dec 2019 - 31 Jan 2020
0.58%
30 Nov 2019 - 31 Dec 2019
0.58%
31 Oct 2019 - 30 Nov 2019
0.58%
30 Sep 2019 - 31 Oct 2019
0.70%
31 Aug 2019 - 30 Sep 2019
0.70%
31 Jul 2019 - 31 Aug 2019
0.85%
30 Jun 2019 - 31 Jul 2019
0.86%
31 May 2019 - 30 Jun 2019
0.86%
30 Apr 2019 - 31 May 2019
0.86%
31 Mar 2019 - 30 Apr 2019
0.83%
28 Feb 2019 - 31 Mar 2019
0.86%
31 Jan 2019 - 28 Feb 2019
0.63%
31 Dec 2018 - 31 Jan 2019
0.63%
30 Nov 2018 - 31 Dec 2018
0.66%
31 Oct 2018 - 30 Nov 2018
0.67%
30 Sep 2018 - 31 Oct 2018
1.11%
31 Aug 2018 - 30 Sep 2018
1.38%
31 Jul 2018 - 31 Aug 2018
1.43%
30 Jun 2018 - 31 Jul 2018
1.48%
31 May 2018 - 30 Jun 2018
1.29%
30 Apr 2018 - 31 May 2018
1.20%
31 Mar 2018 - 30 Apr 2018
1.02%
28 Feb 2018 - 31 Mar 2018
1.03%
31 Jan 2018 - 28 Feb 2018
1.03%
31 Dec 2017 - 31 Jan 2018
1.03%
30 Nov 2017 - 31 Dec 2017
1.55%
31 Oct 2017 - 30 Nov 2017
1.77%
Expense ratio, exit load and taxExpense ratio: 0.48%Inclusive of GST
Exit loadExit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 days.
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed at 15%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 10% on returns of Rs 1 lakh+ in a financial year. 
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementBhavesh Jain
Aug 2015 - Present
View details
Education
Mr. Jain is a MMS (Finance) from Mumbai University.
Experience
Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Also manages these schemes
Edelweiss Balanced Advantage Fund Direct Growth
Edelweiss Large Cap Fund Direct Growth
Edelweiss Aggressive Hybrid Fund Direct Growth
Edelweiss Arbitrage Fund Direct Growth
Edelweiss Greater China Equity Off shore Fund Direct Growth
Edelweiss ASEAN Equity Off Shore Fund Direct Growth
Edelweiss US Value Equity Offshore Fund Direct Growth
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Direct Growth
Edelweiss Equity Savings Fund Direct Growth
Edelweiss Recently Listed IPO Fund Direct Growth
Edelweiss US Technology Equity FoF Direct Growth
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth
Edelweiss Nifty 50 Index Fund Direct Growth
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth
Edelweiss NIFTY Large Mid Cap 250 Index Fund Direct Growth
Edelweiss Gold and Silver ETF FoF Direct Growth
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth
Edelweiss Nifty Next 50 Index Fund Direct Growth
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
Edelweiss Multi Asset Allocation Fund Direct Growth
Bharat Lahoti
Sep 2017 - Present
View details
Education
Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
Experience
Prior to joining Edelweiss Asset Management Limited as a Fund Manager - Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager - Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
Also manages these schemes
Edelweiss Balanced Advantage Fund Direct Growth
Edelweiss Large Cap Fund Direct Growth
Edelweiss Aggressive Hybrid Fund Direct Growth
Edelweiss Greater China Equity Off shore Fund Direct Growth
Edelweiss ASEAN Equity Off Shore Fund Direct Growth
Edelweiss US Value Equity Offshore Fund Direct Growth
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth
Edelweiss Emerging Markets Opportunities Equity Offshore Fund Direct Growth
Edelweiss Equity Savings Fund Direct Growth
Edelweiss Recently Listed IPO Fund Direct Growth
Edelweiss US Technology Equity FoF Direct Growth
Edelweiss Nifty 50 Index Fund Direct Growth
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth
Edelweiss Gold and Silver ETF FoF Direct Growth
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth
Edelweiss Multi Asset Allocation Fund Direct Growth
Rahul Dedhia
Nov 2021 - Present
View details
Education
Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.
Experience
Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Also manages these schemes
Edelweiss Balanced Advantage Fund Direct Growth
Edelweiss Liquid Direct Growth
Edelweiss Low Duration Super Institutional Direct Plan Growth
Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Government Securities Fund Direct Growth
Edelweiss Fixed Maturity Plan Series 55 Direct Growth
Edelweiss Overnight Fund Direct Growth
BHARAT Bond FOF April 2023 Direct Growth
BHARAT Bond FOF April 2030 Direct Growth
BHARAT Bond FOF April 2025 Direct Growth
BHARAT Bond FOF April 2031 Direct Growth
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct Growth
BHARAT Bond ETF FOF April 2032 Direct Growth
Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth
BHARAT Bond ETF FOF April 2033 Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund Direct Growth
Fund house & investment objective
Edelweiss Mutual Fund
Rank (total assets)#15 in India
Total AUM₹1,14,015.32Cr
Date of Incorporation30 Apr 2008
 Edelweiss Balanced Advantage Fund Direct Growth is a Hybrid Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Dhawal Dalal, Harshad Patwardhan is the Current Fund Manager of Edelweiss Balanced Advantage Fund Direct Growth fund. The fund currently has an Asset Under Management(AUM) of ₹1,14,015 Cr and the Latest NAV as of 01 Dec 2023 is ₹46.40.
The Edelweiss Balanced Advantage Fund Direct Growth is rated Very High risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100. Exit Load for units in excess of 10% of the investment,1% will be charged for redemption within 90 days.
;
Investment ObjectiveThe scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.
;
Fund benchmarkNIFTY 50 Hybrid Composite debt 50:50 Index
Scheme Information Document(SID)
Fund house contact details
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Launch Date
30 Apr 2008
E-mail
NA
Website
www.edelweissmf.com
Edelweiss Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Edelweiss Balanced Advantage Fund Direct Growth
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Add mutual fund to compare

	1Y	3Y	5Y	All
Fund returns	12.2%	14.4%	14.3%	12.7%
Category average	12.0%	12.0%	10.7%	NA
Rank with in category	16	3	4	NA

Name	Sector	Instrument	Assets
HDFC Bank Ltd.	Financial	Equity	5.4%
ICICI Bank Ltd.	Financial	Equity	4.8%
Reliance Industries Ltd.	Energy	Equity	4.1%
GOI	Sovereign	GOI Sec	2.7%
Reserve Bank of India	Financial	T-Bills	2.6%
Infosys Ltd.	Technology	Equity	2.5%
ITC Ltd.	Consumer Staples	Equity	2.1%
Axis Bank Ltd.	Financial	Equity	2.0%
Bharti Airtel Ltd.	Communication	Equity	2.0%
State Bank of India	Financial	Equity	1.9%

Rank (total assets)	#15 in India
Total AUM	₹1,14,015.32Cr

Date of Incorporation	30 Apr 2008

Fund benchmark	NIFTY 50 Hybrid Composite debt 50:50 Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹100
Min. for 2nd investment onwards	₹100

Rating	4
Fund size	₹9,338.02Cr

Edelweiss Balanced Advantage Fund Direct Growth

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (110)

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.48%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Bhavesh JainAug 2015 - PresentView details

Bharat LahotiSep 2017 - PresentView details

Rahul DedhiaNov 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Bhavesh Jain
Aug 2015 - Present
View details

Bharat Lahoti
Sep 2017 - Present
View details

Rahul Dedhia
Nov 2021 - Present
View details