Edelweiss Balanced Advantage
Fund
An open ended dynamic asset allocation fund
Data as on 31st August, 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. 12,400.19 Crore
|
| Monthly Average AUM |
Rs. 12,093.02 Crore
|
| Regular Plan Growth Option |
51.0600
|
| Regular Plan Monthly IDCW Option |
23.9800
|
| Regular Plan Quarterly IDCW Option |
22.5900
|
| Direct Plan Growth Option |
57.4600
|
| Direct Plan Monthly IDCW Option |
28.7800
|
| Direct Plan Quarterly IDCW Option |
29.7000
|
| (as on August 30, 2024) |
|
Name of Instrument
|
Industry
|
% to Net Assets
|
| Equities | 75.18% | |
| HDFC Bank Ltd. | Financial Services | 4.94% |
| ICICI Bank Ltd. | Financial Services | 4.16% |
| Infosys Ltd. | Information Technology | 2.67% |
| NTPC Ltd. | Power | 2.62% |
| Reliance Industries Ltd. | Oil, Gas & Consumable Fuels | 2.60% |
| Bharti Airtel Ltd. | Telecommunication | 2.35% |
| Axis Bank Ltd. | Financial Services | 2.16% |
| Maruti Suzuki India Ltd. | Automobile & Auto Components | 1.85% |
| Larsen & Toubro Ltd. | Construction | 1.61% |
| Tata Motors Ltd. | Automobile & Auto Components | 1.54% |
| TVS Motor Company Ltd. | Automobile & Auto Components | 1.48% |
| Tata Consultancy Services Ltd. | Information Technology | 1.48% |
| ITC Ltd. | Fast Moving Consumer Goods | 1.47% |
| Bajaj Finance Ltd. | Financial Services | 1.27% |
| State Bank of India | Financial Services | 1.25% |
| Cipla Ltd. | Healthcare | 1.13% |
| Indus Towers Ltd. | Telecommunication | 1.08% |
| Lupin Ltd. | Healthcare | 1.07% |
| IndusInd Bank Ltd. | Financial Services | 1.06% |
| GAIL (India) Ltd. | Oil, Gas & Consumable Fuels | 0.90% |
| InterGlobe Aviation Ltd. | Services | 0.89% |
| Zomato Ltd. | Consumer Services | 0.88% |
| Dixon Technologies (India) Ltd. | Consumer Durables | 0.85% |
| The Indian Hotels Company Ltd. | Consumer Services | 0.83% |
| Trent Ltd. | Consumer Services | 0.83% |
| Mphasis Ltd. | Information Technology | 0.82% |
| Multi Commodity Exchange Of India Ltd. | Financial Services | 0.80% |
| Brigade Enterprises Ltd. | Realty | 0.79% |
| Hindustan Unilever Ltd. | Fast Moving Consumer Goods | 0.76% |
| Power Grid Corporation of India Ltd. | Power | 0.75% |
| Dr. Reddy's Laboratories Ltd. | Healthcare | 0.74% |
| Cholamandalam Financial Holdings Ltd. | Financial Services | 0.74% |
| Eicher Motors Ltd. | Automobile & Auto Components | 0.73% |
| Coal India Ltd. | Oil, Gas & Consumable Fuels | 0.70% |
| Bharat Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.70% |
| Persistent Systems Ltd. | Information Technology | 0.68% |
| HCL Technologies Ltd. | Information Technology | 0.68% |
| REC Ltd. | Financial Services | 0.67% |
| Bharat Heavy Electricals Ltd. | Capital Goods | 0.64% |
| Pidilite Industries Ltd. | Chemicals | 0.64% |
| Nestle India Ltd. | Fast Moving Consumer Goods | 0.64% |
| R R Kabel Ltd. | Capital Goods | 0.59% |
| Container Corporation Of India Ltd. | Services | 0.58% |
| Bajaj Finserv Ltd. | Financial Services | 0.58% |
| United Spirits Ltd. | Fast Moving Consumer Goods | 0.57% |
| Sun Pharmaceutical Industries Ltd. | Healthcare | 0.56% |
| Polycab India Ltd. | Capital Goods | 0.55% |
| Indian Bank | Financial Services | 0.54% |
| Page Industries Ltd. | Textiles | 0.53% |
| Ultratech Cement Ltd. | Construction Materials | 0.50% |
| Hindalco Industries Ltd. | Metals & Mining | 0.48% |
| Wipro Ltd. | Information Technology | 0.47% |
| Avenue Supermarts Ltd. | Consumer Services | 0.46% |
| Mahindra & Mahindra Ltd. | Automobile & Auto Components | 0.45% |
| Tata Power Company Ltd. | Power | 0.45% |
| Torrent Pharmaceuticals Ltd. | Healthcare | 0.45% |
| Aurobindo Pharma Ltd. | Healthcare | 0.45% |
| Bharat Electronics Ltd. | Capital Goods | 0.44% |
| PB Fintech Ltd. | Financial Services | 0.44% |
| Minda Corporation Ltd. | Automobile & Auto Components | 0.44% |
| JSW Infrastructure Ltd. | Services | 0.44% |
| Muthoot Finance Ltd. | Financial Services | 0.43% |
| NMDC Ltd. | Metals & Mining | 0.43% |
| TCNS Clothing Company Ltd. | Textiles | 0.42% |
| Jyoti CNC Automation Ltd. | Capital Goods | 0.41% |
| Ashok Leyland Ltd. | Capital Goods | 0.41% |
| Tech Mahindra Ltd. | Information Technology | 0.41% |
| P I INDUSTRIES LIMITED | Chemicals | 0.39% |
| The Phoenix Mills Ltd. | Realty | 0.38% |
| KPIT Technologies Ltd. | Information Technology | 0.38% |
| Voltas Ltd. | Consumer Durables | 0.38% |
| Power Finance Corporation Ltd. | Financial Services | 0.37% |
| Tata Elxsi Ltd. | Information Technology | 0.37% |
| Abbott India Ltd. | Healthcare | 0.35% |
| Hero MotoCorp Ltd. | Automobile & Auto Components | 0.35% |
| Sundaram Finance Ltd. | Financial Services | 0.35% |
| GlaxoSmithKline Pharmaceuticals Ltd. | Healthcare | 0.34% |
| Britannia Industries Ltd. | Fast Moving Consumer Goods | 0.34% |
| Craftsman Automation Ltd. | Automobile & Auto Components | 0.33% |
| Dabur India Ltd. | Fast Moving Consumer Goods | 0.33% |
| Prestige Estates Projects Ltd. | Realty | 0.33% |
| ABB India Ltd. | Capital Goods | 0.31% |
| Hindustan Petroleum Corporation Ltd. | Oil, Gas & Consumable Fuels | 0.31% |
| Tata Steel Ltd. | Metals & Mining | 0.30% |
| Jupiter Wagons Ltd. | Capital Goods | 0.30% |
| Supreme Industries Ltd. | Capital Goods | 0.30% |
| Creditaccess Grameen Ltd. | Financial Services | 0.29% |
| Arvind Fashions Ltd. | Consumer Services | 0.29% |
| Cyient DLM Ltd. | Capital Goods | 0.25% |
| Torrent Power Ltd. | Power | 0.21% |
| Brookfield India Real Estate Trust | Realty | 0.21% |
| The Ramco Cements Ltd. | Construction Materials | 0.18% |
| Shree Cement Ltd. | Construction Materials | 0.14% |
| Sharda Motor Industries Ltd. | Automobile & Auto Components | 0.13% |
| Ceigall India Ltd. | Construction | 0.03% |
| National Stock Exchange of India Ltd. | Financial Services | 0.02% |
| Kesoram Industries Ltd. | Construction Materials | 0.01% |
| Aditya Birla Fashion and 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 | 12.51% | |
| Cash & Cash Equivalent | Cash & Cash Equivalent | 10.99% |
| TREPS_RED_02.09.2024 | Cash & Cash Equivalent | 1.52% |
| Debt | 11.22% | |
| HDB Financial Services Ltd. | Financial Services | 1.99% |
| Power Finance Corporation Ltd. | Financial Services | 1.42% |
| REC Ltd. | Financial Services | 1.41% |
| Small Industries Development Bk of India | Financial Services | 1.41% |
| Government of India | SOV | 1.39% |
| Export Import Bank of India | Financial Services | 1.21% |
| National Bk for Agriculture & Rural Dev. | Financial Services | 0.99% |
| Cholamandalam Investment & Fin Co Ltd. | Financial Services | 0.80% |
| India Grid Trust | Power | 0.40% |
| Aditya Birla Finance Ltd. | Financial Services | 0.20% |
| Grand Total | 98.91% |
|
Yield to
maturity (YTM)
#
|
7.51%
|
|
Modified
Duration #
|
1.73 years
|
|
Average
Maturity
#
|
2.07 years
|
|
Macaulay
Duration #
|
1.86 years
|
|
Std.deviation
|
7.32%
|
|
Sharpe
Ratio**
|
0.85
|
|
Beta
|
1.04
|
|
Active Share |
45.88%
|
|
Total stocks
in portfolio
|
95
|
|
Top 10 stocks @
|
26.49%
|
|
Net Equity
|
69.00%
|
|
Portfolio Turnover Ratio^
|
Equity 0.80
F&O 1.11 Debt 0.18 |
| Total Portfolio Turnover Ratio^ |
2.09
|
|
Information Ratio
|
1.02
|
| # Yield to maturity (YTM), Modified Duration, Average Maturity and Macaulay Duration
for Debt Portion. **Risk free rate of return (FIMMDA Overnight MIBOR) 6.80% @ 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 |
28.23% |
12,823 |
20.03% |
12,003 |
32.64% |
13,264 |
|
3 Year |
13.00% |
14,428 |
10.59% |
13,525 |
15.17% |
15,274 |
|
5 Year |
17.05% |
21,990 |
13.57% |
18,906 |
19.37% |
24,262 |
|
Since Inception - Regular Plan |
11.45% |
51,060 |
11.02% |
48,154 |
13.59% |
67,927 |
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