Edelweiss Multi Asset Allocation Fund Direct Growth

Edelweiss Multi Asset Allocation Fund Direct Growth

Hybrid

Direct

Multi Asset Allocation

NAV as on 23-12-2024

₹ 11.22

Inception Returns

8%

/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 Rahul Dedhia, Bhavesh Jain, Bharat Lahoti. This fund gives you the benefit of diversification.

Key Parameters

  1. Edelweiss Multi Asset Allocation Fund Direct Growth has ₹1428 Cr worth of assets under management (AUM) as on Nov 2024 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Edelweiss Multi Asset Allocation Fund Direct Growth has given a CAGR return of 7.98% since inception. Over the last 1 year the fund has given a CAGR return of 8.39%.

Holdings

Edelweiss Multi Asset Allocation Fund Direct Growth has allocated its funds majorly in Cash Equivalent, Government, Energy, Financial Services, Corporate, Tech, Consumer Cyclical, Industrial, Communication, Health, Basic Materials, Consumer Defensive, Utilities, Real Estate.

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 15%
For long term (more than 1 year) capital gains will be taxed at 10% without indexation benefit
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

Annualised

zero opening, trading, fund transfer fee
311 people have invested ₹ 15.6L in Edelweiss Multi Asset Allocation Fund Direct Growth in the last three months

Edelweiss Multi Asset Allocation Fund Direct Growth Overview

Expense ratio0.4%
Benchmark
null
AUM₹1428 Cr
Inception Date23 June, 2023
Min Lumpsum/SIP₹100/₹100
Exit Load
0.1%
Lock InNo Lock-in
TurnOver
111.37%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Low to Moderate Risk

Trailing Returns

as on (23-Dec-24)

Period
Edelweiss Multi Asset Allocation Fund Direct Growth
Multi Asset Allocation Index
1M
0.6%
-
3M
1.8%
-
6M
4.2%
-
1Y
8.4%
-

Fund Distribution

as on (30-Nov-24)

  • Debt & Cash 99%

AAA
100%

Sector Allocation

Nov'24

Oct'24

Sep'24

Cash Equivalent
43.3%
Government
36.6%
Corporate
20.1%
All changes are between Oct'69 and Dec'69
Parameters
Nov'24
Oct'24
Sep'24
AUM
₹ 1.3K Cr
₹ 1.3K Cr
₹ 1.3K Cr
  • AUM of the fund stands at 1.3K Cr as of Nov'24
  • AUM increased by 81.6 Cr between Nov'24 and Oct'24

Top 3 Sectors in November were Government, Financial Services & Energy

Nov'24
Government
37%
Energy
23%
Financial Services
22%
Oct'24
Government
33%
Financial Services
29%
Energy
22%
Fund
Nov'24
Oct'24
Sep'24
No of Holdings
143
136
131
Top 5 Company Concentration
9.8%
10.4%
11.3%
Company having highest exposure
Reliance Industries Ltd (2.9%)
Tata Consultancy Services Ltd (2.8%)
Tata Consultancy Services Ltd (3.2%)
No of Sectors
13
13
13
Top 5 Sectors Concentration
116%
117.1%
115.5%
Sector having highest exposure
Government (36.6%)
Government (32.5%)
Government (30.6%)
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Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Growth, since 1 July 2024
Bhavesh Jain
Bhavesh Jain
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Growth, since 23 June 2023
Bharat Lahoti
Bharat Lahoti
Fund Manager of Edelweiss Multi Asset Allocation Fund Direct Growth, since 23 June 2023
Fund House
Edelweiss Asset Management Limited
Total AUM
₹1.05L Cr
as on 29-Nov-2024
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com

Edelweiss Multi Asset Allocation Fund Direct Growth Highlights

Risk meter
pointer

Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.98% since inception which is less than its category average return of 12.4%
AUM size ₹1428 Cr

AUM size ₹1428 Cr

This fund has AUM of ₹1428 Cr which is less than its category average of ₹ 3936 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is less than its category average expense ratio of 1.19%

Frequently Asked Questions for Edelweiss Multi Asset Allocation Fund Direct Growth

The current NAV of Edelweiss Multi Asset Allocation Fund Direct Growth is ₹11.22 as on 23-Dec-2024.
Existing (Absolute + CAGR) as on 23-Dec-2024.
Edelweiss Multi Asset Allocation Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.59%
0.59%
6 Month Returns
4.21%
4.21%
1 Year Returns
8.39%
8.39%
3 Years Returns
0%
0%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.4% as on November 2024
₹1428 Cr as on November 2024
7.26% Govt Stock 2033(16.9%), Hdb Financial Services Limited(5.29%), National Bank For Agriculture And Rural Development(5.27%), 6.54% Govt Stock 2032(5.17%), 7.38% Govt Stock 2027(4.62%) as on November 2024
Cash Equivalent(43.36%), Government(36.62%), Corporate(20.17%) as on November 2024
AAA
100
Rahul Dedhia, Bhavesh Jain, Bharat Lahoti are the fund managers of Edelweiss Multi Asset Allocation Fund Direct Growth
The Exit load of Edelweiss Multi Asset Allocation Fund Direct Growth is 0.1%