Scheme Name Scheme Plans
Edelweiss Balanced Advantage Fund
Asset Class Category Sub Category Tax Category
Equity  Hybrid  Dynamic Asset Allocation or Balanced Advantage  Equity 
Launch Date Age NAV NAV Date Maturity Date
Jan. 22, 2013 9 Years 6 Months 39.73 Aug. 12, 2022 NA
Brief Description

Trend driven Dynamic allocation to equity based on fundamental and technical indicators to reduce volatility & drawdown, tax free rebalancing.

Performance
Scheme Name Category Minimum Maximum Average Volatility Negative return periods% 0 to 5% 5 to 10% 10 to 15% More than 15%
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Hybrid -7.06 50.60 11.94 12.08 10.30 15.65 15.30 22.66 36.10
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Hybrid -19.43 58.75 12.25 11.04 4.86 10.37 24.58 22.99 37.20
Axis Focused 25 Fund - Direct Plan - Growth Option Equity -18.95 77.63 18.53 18.69 14.28 12.85 9.32 7.03 56.53
SBI Nifty Next 50 Index Fund - Direct Plan - Growth Index-ETF -7.23 8.07 0.26 4.19 48.10 35.44 16.46 0.00 0.00
HDFC Gold Fund - Direct Plan Gold -17.69 58.77 3.58 14.38 37.60 17.71 16.27 6.04 22.38
Scheme Name Category Minimum Maximum Average Volatility Negative return periods% 0 to 5% 5 to 10% 10 to 15% More than 15%
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Hybrid 3.33 20.46 11.19 3.48 0.00 1.21 38.75 46.10 13.95
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Hybrid -1.20 22.59 11.99 3.67 0.25 3.60 16.98 60.50 18.67
Axis Focused 25 Fund - Direct Plan - Growth Option Equity 2.04 27.38 16.87 4.52 0.00 2.07 8.28 21.90 67.74
HDFC Gold Fund - Direct Plan Gold -8.04 24.71 4.92 7.31 17.47 32.86 10.06 17.88 21.73
Scheme Name Category Minimum Maximum Average Volatility Negative return periods% 0 to 5% 5 to 10% 10 to 15% More than 15%
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Hybrid 3.58 16.46 11.95 2.84 0.00 2.22 28.91 62.62 6.25
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Hybrid 3.30 17.90 11.84 2.63 0.00 0.89 17.10 65.68 16.33
Axis Focused 25 Fund - Direct Plan - Growth Option Equity 5.04 25.24 17.77 3.87 0.00 0.06 6.35 25.71 67.87
HDFC Gold Fund - Direct Plan Gold -2.24 16.50 7.90 4.97 14.36 21.07 32.70 31.10 0.77
Scheme Name Category Minimum Maximum Average Volatility Negative return periods% 0 to 5% 5 to 10% 10 to 15% More than 15%
Edelweiss Balanced Advantage Fund -Direct Plan-Growth Option Hybrid 8.69 14.64 11.69 1.34 0.00 0.00 10.92 89.08 0.00
ICICI Prudential Balanced Advantage Fund - Direct Plan - Growth Hybrid 9.01 14.64 12.18 1.10 0.00 0.00 1.47 98.53 0.00
Axis Focused 25 Fund - Direct Plan - Growth Option Equity 11.14 20.88 16.60 2.36 0.00 0.10 0.00 32.49 67.40
HDFC Gold Fund - Direct Plan Gold 2.22 10.09 7.06 1.63 0.00 11.41 88.27 0.31 0.00
Scheme Name Category Minimum Maximum Average Volatility Negative return periods% 0 to 5% 5 to 10% 10 to 15% More than 15%
If I had invested
Note, Events and Links

Edelweiss Balanced Advantage Fund

The fund that sings a different tune in the category is the Edelweiss Balanced Advantage Fund. The fund almost sleepwalked out of the market fall (just 7% down against the 1/3rd of the market) in March 2020.

This fund has had a history, in different forms. It was an Absolute Returns Fund until April 2017 when post a merger, it turned itself into a Dynamic Equity Advantage Fund. Post the SEBI categorisation, it took its latest avatar.

The fund has followed more or less a similar strategy over the years – using fundamental and technical indicators weaved into an internal model to determine equity allocations. Edelweiss MF website has all the details about how their model functions.

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