Edelweiss Multi Asset Allocation Fund Direct Growth
Hybrid
Direct
Multi Asset Allocation
NAV as on 05-03-2025
₹ 11.39
Inception Returns
7.9%
/yr
About Edelweiss Multi Asset Allocation Fund Direct Growth
Edelweiss Multi Asset Allocation Fund Direct Growth is a hybrid fund. This fund was started on 23 June, 2023. The fund is managed by Bhavesh Jain, Rahul Dedhia, Bharat Lahoti. This fund gives you the benefit of diversification.
Key Parameters
- Edelweiss Multi Asset Allocation Fund Direct Growth has ₹1479 Cr worth of assets under management (AUM) as on Jan 2025 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Edelweiss Multi Asset Allocation Fund Direct Growth has given a CAGR return of 7.92% since inception. Over the last 1 year the fund has given a CAGR return of 8.41%.
Holdings
Edelweiss Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Financial Services, Government, Corporate, Energy, Communication, Basic Materials, Consumer Cyclical, Industrial, Tech, Health, Consumer Defensive, Real Estate, Utilities.
Taxation
As it is a multi asset allocation mutual fund the taxation is as follows:If the fund is equity oriented i.e. asset allocation of more than 65% in equity instruments:For short term (less than a year) capital gains will be taxed at 20%For long term (more than 1 year) capital gains will be taxed at 12.5% without indexation benefitLong term gains up to Rs 1 lakh are exempt from taxation (more than 12 months).
Investment objective of Edelweiss Multi Asset Allocation Fund Direct Growth
To provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Multi Asset Allocation Fund Direct Growth has no lock in period.
Historical NAV & Returns
Edelweiss Multi Asset Allocation Fund Direct Growth Overview
| Expense ratio | 0.41% |
Benchmark | null |
| AUM | ₹1479 Cr |
| Inception Date | 23 June, 2023 |
| Min Lumpsum/SIP | ₹100/₹100 |
Exit Load | 0.1% |
| Lock In | No Lock-in |
TurnOver | 111.37% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (05-Mar-25)
Fund Distribution
as on (31-Jan-25)
- AUM of the fund stands at 1.4K Cr as of Jan'25
- AUM increased by 8.1 Cr between Jan'25 and Dec'24
Top 3 Sectors in January were Government, Energy & Financial Services
Edelweiss Multi Asset Allocation Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹1479 Cr
Expense Ratio 0.41%
Frequently Asked Questions for Edelweiss Multi Asset Allocation Fund Direct Growth
Edelweiss Multi Asset Allocation Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.43% | 0.43% |
6 Month Returns | 3.69% | 3.69% |
1 Year Returns | 8.41% | 8.41% |
3 Years Returns | 0% | 0% |
5 Years Returns | 0% | 0% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |