Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option of Edelweiss Mutual Fund has asset class type as Hybrid-Equity. Oro Wealth rating for the fund is 3.
Basic Details
Fund Manager
Bhavesh Jain
AuM (Rs Crores)
1151.6134
Asset Class
Hybrid-Equity
Net Asset Value:
23.87
Rating
3
Exit Load
0.01
Benchmark
Crisil Composite Bond Fund Index,Nifty 50 TRI
Fund Type
Balanced
SEBI Category
Dynamic Asset Allocation or Balanced Advantage
Turnover Ratio(Monthly)
4.43 Times
Fund Manager Details:
Bhavesh Jain Masters in Management Studies (Finance) from Mumbai University. He has a total work experience of over 8 years in the equity market segment and has been associated with Edelweiss AMC since January 211. Prior to joining Edelweiss AMC, he was also associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
Objective:
The primary objective of the Scheme is to generate capital appreciaon with relatively lower volality 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.