Edelweiss Balanced Advantage
Fund
An open ended dynamic asset allocation fund
Data as on 31st October, 2024
| Investment 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 accordingly 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. |
|
| Inception Date | 20-Aug-09 |
| Benchmark | NIFTY 50 Hybrid Composite debt 50:50 Index |
| Fund Managers Details | Equity Portion: Debt Portion: |
| Minimum Investment Amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter |
| Additional investment amount | Rs. 100/- per application & in multiples of Re. 1/- thereafter |
| Exit Load |
10% of the units allotted shall be redeemed without any Exit Load on or before completion of 90 days from the date of allotment of units. Any redemption in excess of such limit within 90 days from the date of allotment shall be subject to the following Exit Load:
|
| Total Expense Ratios~: | Regular Plan 1.69% Direct Plan 0.51% |
| Month End AUM |
Rs. 12,257.49 Crore
|
| Monthly Average AUM |
Rs. 12,466.36 Crore
|
| Regular Plan Growth Option |
49.4500
|
| Regular Plan Monthly IDCW Option |
22.9100
|
| Regular Plan Quarterly IDCW Option |
21.6900
|
| Direct Plan Growth Option |
55.7700
|
| Direct Plan Monthly IDCW Option |
27.6100
|
| Direct Plan Quarterly IDCW Option |
28.6300
|
| (as on October 31, 2024) |
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| Equities | 70.28% | |
| HDFC Bank Ltd. | Financial Services | 4.95% |
| ICICI Bank Ltd. | Financial Services | 3.58% |
| NTPC Ltd. | Power | 2.59% |
| Infosys Ltd. | Information Technology | 2.57% |
| Reliance Industries Ltd. | Oil, Gas & Consumable Fuels | 2.23% |
| Bharti Airtel Ltd. | Telecommunication | 2.21% |
| Axis Bank Ltd. | Financial Services | 1.71% |
| Maruti Suzuki India Ltd. | Automobile & Auto Components | 1.62% |
| ITC Ltd. | Fast Moving Consumer Goods | 1.46% |
| HCL Technologies Ltd. | Information Technology | 1.45% |
| Tata Consultancy Services Ltd. | Information Technology | 1.34% |
| Multi Commodity Exchange Of India Ltd. | Financial Services | 1.27% |
| Larsen & Toubro Ltd. | Construction | 1.26% |
| Tata Motors Ltd. | Automobile & Auto Components | 1.16% |
| Granules India Ltd. | Healthcare | 1.16% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 1.10% |
| TVS Motor Company Ltd. | Automobile & Auto Components | 1.04% |
| State Bank of India | Financial Services | 1.00% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 0.91% |
| Coal India Ltd. | Oil, Gas & Consumable Fuels | 0.91% |
| Cipla Ltd. | Healthcare | 0.84% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 0.83% |
| Lupin Ltd. | Healthcare | 0.82% |
| Tech Mahindra Ltd. | Information Technology | 0.82% |
| Britannia Industries Ltd. | Fast Moving Consumer Goods | 0.81% |
| Avenue Supermarts Ltd. | Consumer Services | 0.81% |
| Hero MotoCorp Ltd. | Automobile & Auto Components | 0.71% |
| Hindustan Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.71% |
| Minda Corporation Ltd. | Automobile & Auto Components | 0.68% |
| Brigade Enterprises Ltd. | Realty | 0.67% |
| Mphasis Ltd. | Information Technology | 0.66% |
| GAIL (India) Ltd. | Oil, Gas & Consumable Fuels | 0.65% |
| Marico Ltd. | Fast Moving Consumer Goods | 0.65% |
| IndusInd Bank Ltd. | Financial Services | 0.63% |
| Tata Steel Ltd. | Metals & Mining | 0.62% |
| Power Grid Corporation of India Ltd. | Power | 0.62% |
| Persistent Systems Ltd. | Information Technology | 0.62% |
| Cholamandalam Financial Holdings Ltd. | Financial Services | 0.61% |
| HDFC Life Insurance Company Ltd. | Financial Services | 0.60% |
| Bajaj Finance Ltd. | Financial Services | 0.60% |
| Apollo Hospitals Enterprise Ltd. | Healthcare | 0.59% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 0.54% |
| Dabur India Ltd. | Fast Moving Consumer Goods | 0.54% |
| Polycab India Ltd. | Capital Goods | 0.53% |
| Bharat Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.52% |
| CG Power and Industrial Solutions Ltd. | Capital Goods | 0.52% |
| VARUN BEVERAGES LIMITED | Fast Moving Consumer Goods | 0.52% |
| Power Finance Corporation Ltd. | Financial Services | 0.52% |
| Arvind Fashions Ltd. | Consumer Services | 0.52% |
| Bharat Electronics Ltd. | Capital Goods | 0.51% |
| Zomato Ltd. | Consumer Services | 0.51% |
| Kesoram Industries Ltd. | Construction Materials | 0.51% |
| Bajaj Finserv Ltd. | Financial Services | 0.49% |
| REC Ltd. | Financial Services | 0.49% |
| Indus Towers Ltd. | Telecommunication | 0.49% |
| Indian Bank | Financial Services | 0.49% |
| United Spirits Ltd. | Fast Moving Consumer Goods | 0.48% |
| Suzlon Energy Ltd. | Capital Goods | 0.48% |
| Torrent Power Ltd. | Power | 0.47% |
| FSN E-Commerce Ventures Ltd. | Consumer Services | 0.45% |
| Trent Ltd. | Consumer Services | 0.45% |
| The India Cements Ltd. | Construction Materials | 0.44% |
| Prestige Estates Projects Ltd. | Realty | 0.43% |
| Hindalco Industries Ltd. | Metals & Mining | 0.41% |
| Exide Industries Ltd. | Automobile & Auto Components | 0.40% |
| Cummins India Ltd. | Capital Goods | 0.40% |
| GE T&D India Ltd. | Capital Goods | 0.40% |
| Tata Power Company Ltd. | Power | 0.39% |
| Muthoot Finance Ltd. | Financial Services | 0.37% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.36% |
| Aurobindo Pharma Ltd. | Healthcare | 0.34% |
| Colgate Palmolive (India) Ltd. | Fast Moving Consumer Goods | 0.34% |
| Alkem Laboratories Ltd. | Healthcare | 0.33% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.33% |
| Zydus Lifesciences Ltd. | Healthcare | 0.31% |
| ICICI Prudential Life Insurance Co Ltd. | Financial Services | 0.31% |
| HDFC Asset Management Company Ltd. | Financial Services | 0.30% |
| Jyoti CNC Automation Ltd. | Capital Goods | 0.30% |
| GlaxoSmithKline Pharmaceuticals Ltd. | Healthcare | 0.29% |
| Abbott India Ltd. | Healthcare | 0.29% |
| Ashok Leyland Ltd. | Capital Goods | 0.29% |
| The Phoenix Mills Ltd. | Realty | 0.28% |
| Tata Elxsi Ltd. | Information Technology | 0.28% |
| ICICI Lombard General Insurance Co. Ltd. | Financial Services | 0.28% |
| KPIT Technologies Ltd. | Information Technology | 0.25% |
| Shree Cement Ltd. | Construction Materials | 0.25% |
| Craftsman Automation Ltd. | Automobile & Auto Components | 0.24% |
| Jupiter Wagons Ltd. | Capital Goods | 0.23% |
| Brookfield India Real Estate Trust | Realty | 0.23% |
| Biocon Ltd. | Healthcare | 0.22% |
| Cyient DLM Ltd. | Capital Goods | 0.22% |
| Kalyan Jewellers India Ltd. | Consumer Durables | 0.15% |
| Sharda Motor Industries Ltd. | Automobile & Auto Components | 0.11% |
| Nestle India Ltd. | Fast Moving Consumer Goods | 0.11% |
| Asian Paints Ltd. | Consumer Durables | 0.11% |
| Bajaj Auto Ltd. | Automobile & Auto Components | 0.09% |
| P N Gadgil Jewellers Ltd. | Consumer Durables | 0.06% |
| National Stock Exchange of India Ltd. | Financial Services | 0.03% |
| Ceigall India Ltd. | Construction | 0.02% |
| Baazar Style Retail Ltd. | Consumer Services | 0.01% |
| Vedanta Ltd. | Metals & Mining | 0.00% |
| GMR Airports Infrastructure Ltd. | Services | 0.00% |
| Adani Enterprises Ltd. | Metals & Mining | 0.00% |
| Cash & Other Receivables | 15.47% | |
| TREPS_RED_04.11.2024 | Cash & Cash Equivalent | 15.21% |
| Cash & Cash Equivalent | Cash & Cash Equivalent | 0.26% |
| Debt | 12.56% | |
| Government of India | SOV | 3.46% |
| HDB Financial Services Ltd. | Financial Services | 2.02% |
| Power Finance Corporation Ltd. | Financial Services | 1.43% |
| REC Ltd. | Financial Services | 1.42% |
| Export Import Bank of India | Financial Services | 1.22% |
| Small Industries Development Bk of India | Financial Services | 0.82% |
| Cholamandalam Investment & Fin Co Ltd. | Financial Services | 0.77% |
| Edelweiss Mutual Fund | Mutual Fund | 0.41% |
| India Grid Trust | Power | 0.41% |
| Samvardhana Motherson International Ltd. | Automobile & Auto Components | 0.40% |
| Aditya Birla Housing Finance Ltd. | Financial Services | 0.20% |
| National Stock Exchange of India Ltd. | Financial Services | 0.30% |
| Grand Total | 98.61% |
|
Yield to
maturity (YTM)
#
|
6.76%
|
|
Modified
Duration #
|
1.18 years
|
|
Average
Maturity
#
|
1.46 years
|
|
Macaulay
Duration #
|
1.26 years
|
|
Std.deviation
|
7.93%
|
|
Sharpe
Ratio**
|
0.58
|
|
Beta
|
1.08
|
|
Active Share |
46.29%
|
|
Total stocks
in portfolio
|
98
|
|
Top 10 stocks @
|
24.37%
|
|
Net Equity
|
47.00%
|
|
Portfolio Turnover Ratio^
|
Equity 0.93
F&O1.26 Debt 0.16 |
| Total Portfolio Turnover Ratio^ |
2.35
|
|
Information Ratio
|
0.70
|
| # Yield to maturity (YTM), Modified Duration, Average Maturity and Macaulay Duration
for Debt Portion. **Risk free rate of return (FIMMDA Overnight MIBOR) 6.61% | @ Top 10 Stock also includes the Future and Options 1. ^ Lower of sales or purchase divided by average AUM for last rolling 12 months. 2. Standard deviation and Sharpe ratio are annualized. 3. Active share is the fraction of a fund's portfolio holdings that deviate from the benchmark index. Source: Bloomberg. 4. Information ratio has been calculated using monthly returns over a period of 3 years. |
|
|
Period
|
Scheme - Regular Plan |
Benchmark (NIFTY 50 Hybrid Composite debt 50:50 Index**) |
Additional Benchmark (Nifty 50 TR Index) |
|||
|
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
Returns* |
Value of Rs. 10000 Invested |
|
|
1 Year |
24.42% |
12,450 |
18.75% |
11,881 |
28.30% |
12,839 |
|
3 Year |
11.18% |
13,755 |
9.41% |
13,105 |
12.35% |
14,195 |
|
5 Year |
15.00% |
20,126 |
12.31% |
17,876 |
16.61% |
21,582 |
|
Since Inception - Regular Plan |
11.08% |
49,450 |
10.80% |
47,556 |
13.12% |
65,224 |
Past performance may or may not be sustained in future and should
not be used as a basis for
comparison with other investments. * CAGR Return.
Notes:
1. **The Benchmark Index of Edelweiss Balanced Advantage Fund has been changed to NIFTY 50 Hybrid
Composite debt 50:50 Index with effect from December 1, 2021 in line with the framework issued by AMFI
for Tier 1 benchmarks:
2. Different plans shall have different expense structure. The performance details provided herein are
of Regular Plan of Edelweiss Balanced Advantage Fund. Returns are for Growth Option only. Since
Inception returns are calculated on Rs. 10/- invested at inception of the scheme. In case the
start/end date is non business day, the NAV of previous day is used for computation.
3.The scheme is currently managed by Mr. Bhavesh Jain (Managing this fund from August 7, 2013), Mr. Bharat Lahoti (Managing this fund from September 18, 2017) , Rahul Dedhia (managing this fund
from November 23, 2021). & Ms. Pranavi Kulkarni (managing this fund from August 01, 2024). Please Click
here for name of the other schemes currently managed by the Fund Managers and relevant scheme
for performance.
4. Please note that Edelweiss Balanced Advantage Fund was merged with Edelweiss Dynamic Equity Advantage Fund and the features of Edelweiss Dynamic Equity Advantage Fund were retained with
the surviving scheme named as Edelweiss Balanced Advantage Fund.
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 including through arbitrage opportunities with balance exposure to debt and money market securities
*Investors should consult their financial advisers if in doubt about whether the product is suitable for them.
Investors understand that their principal will be at Very High Risk
Benchmark Riskometer: NIFTY 50 Hybrid Composite debt 50:50 Index**
Investors understand that their principal will be at Very High Risk