Edelweiss Balanced Advantage Fund - Regular Plan - Quarterly - IDCW Option

Edelweiss Balanced Advantage Fund - Regular Plan - Quarterly - IDCW Option is a scheme launched by EDELWEISS Mutual Fund on August 20, 2009, and falls under the Dynamic Asset Allocation fund category. It currently manages an AUM of Rs 12,791.71 crore. The fund permits investments with a minimum SIP of Rs 100 and a lump sum of Rs 100. It charges an expense ratio of 1.69% for managing the portfolio.

• Investing Strategy:

  To generate absolute returns with low volatility over a longer tenure of time. The scheme will invest inarbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.The Scheme proposes to allocate assets to both equity and debt markets based upon the market view.

• Performance:

  Edelweiss Balanced Advantage Fund - Regular Plan - Quarterly - IDCW Option trailing returns over different times are -6.55% (1 year), 6.79% (3 year) and 9.07% (5 year). The average annual return of this fund stands at -0.66%.