Edelweiss Balanced Advantage Fund Direct-Growth is a hybrid mutual fund offered by Edelweiss Mutual Fund. The fund has an AUM of ₹12,306.19 crores and the current NAV is ₹55.270 as of 23 Nov 2024.
The return performance of the Edelweiss Balanced Advantage Fund Direct-Growth plan has been 21.61% in the last year, 41.97% in the previous three years and 334.51% from the scheme’s launch.
Edelweiss Balanced Advantage Fund Return
| Period | This fund | Category average |
|---|---|---|
| 1 month | -1.86% | -0.9% |
| 3 months | -2.5% | -1.34% |
| 6 months | 3.7% | 5.37% |
| 1 year | 21.61% | 20.88% |
| 3 years | 12.24% | 12.75% |
| 5 years | 16.25% | 14.03% |
| 10 years | 11.92% | 10.99% |
Edelweiss Balanced Advantage Fund Top 5 Holdings
| Name | Sector | Instrument | Assets |
|---|---|---|---|
|
HDFC Bank Ltd.
|
Financial | Equity | 5.10% |
|
ICICI Bank Ltd.
|
Financial | Equity | 3.58% |
|
NTPC Ltd.
|
Energy | Equity | 2.59% |
|
Infosys Ltd.
|
Technology | Equity | 2.57% |
|
Reliance Industries Ltd.
|
Energy | Equity | 2.26% |
Sector Allocation in Edelweiss Balanced Advantage Fund
| Sector | Percentage | Amount |
|---|---|---|
| Financial | 13.64% | ₹1,679.02 Cr |
| Energy | 7.02% | ₹863.45 Cr |
| Technology | 6.80% | ₹836.37 Cr |
| Healthcare | 6.06% | ₹746.16 Cr |
| Automobile | 5.11% | ₹628.25 Cr |
| Others | 61.38% | ₹7,553.54 Cr |
Disclaimer: Mutual fund investments are subject to market risks. Please read the scheme information document and other related documents carefully before investing. Past performance is not indicative of future results. The information provided in this article is for informational purposes only and should not be construed as investment advice or a recommendation. Readers are advised to seek independent financial advice before making any investment decisions. The author and the publication are not responsible for any investment losses incurred based on the information in this article.
