Edelweiss Multi Asset Allocation Fund Direct Growth
HybridMulti Asset AllocationLow Risk
Direct
NAV (06-Sep-24)
₹10.970.07%1D
Returns (Since Inception)
8.00%
Rated ★4.5+ on 
Fund Overview
Fund Size
₹1,016 Cr
Expense Ratio
0.40%
ISIN
INF754K01RS8
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
23 Jun 2023
About this fund
Edelweiss Multi Asset Allocation Fund Direct Growth is a Multi Asset Allocation mutual fund schemes offered by Edelweiss Mutual Fund. This fund has been in existence for 1 years, 2 months and 15 days, having been launched on 23-Jun-23.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹10.97, Assets Under Management (AUM) of 1015.53 Crores, and an expense ratio of 0.4%.
As of 06-Sep-24, it has a Net Asset Value (NAV) of ₹10.97, Assets Under Management (AUM) of 1015.53 Crores, and an expense ratio of 0.4%.
- Edelweiss Multi Asset Allocation Fund Direct Growth has given a CAGR return of 8.00% since inception.
- The fund's asset allocation comprises around -0.17% in equities, 46.35% in debts, and 53.99% in cash & cash equivalents.
- You can start investing in Edelweiss Multi Asset Allocation Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+7.91%
— (Cat Avg.)
Since Inception
+8.00%
— (Cat Avg.)
Portfolio Summaryas of 31st July 2024
| Equity | ₹-1.77 Cr | -0.17% |
| Debt | ₹470.71 Cr | 46.35% |
| Others | ₹546.6 Cr | 53.82% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| Cash Offset For Derivatives | Cash - General Offset | ₹497.59 Cr | 49.00% |
| Silver | Commodity | ₹86.96 Cr | 8.56% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹75.28 Cr | 7.41% |
| 7.38% Govt Stock 2027 | Bond - Gov't/Treasury | ₹65.92 Cr | 6.49% |
| 7.26% Govt Stock 2033 | Bond - Gov't/Treasury | ₹61.1 Cr | 6.02% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹49.64 Cr | 4.89% |
| Axis Finance Limited | Bond - Corporate Bond | ₹43.82 Cr | 4.32% |
| 7.06% Govt Stock 2028 | Bond - Gov't/Treasury | ₹40.28 Cr | 3.97% |
| Kotak Mahindra Investments Limited | Bond - Corporate Bond | ₹39.99 Cr | 3.94% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹37.48 Cr | 3.69% |
| Silvermini-30Aug2024-Mcx1 | Commodity - Future | ₹-36.49 Cr | 3.59% |
| Future on HDFC Bank Ltd | Equity - Future | ₹-35.18 Cr | 3.46% |
| HDFC Bank Ltd | Equity | ₹34.92 Cr | 3.44% |
| Small Industries Development Bank Of India | Bond - Corporate Bond | ₹29.93 Cr | 2.95% |
| Future on Reliance Industries Ltd | Equity - Future | ₹-28.93 Cr | 2.85% |
| Reliance Industries Ltd | Equity | ₹28.83 Cr | 2.84% |
| Future on Hindustan Aeronautics Ltd Ordinary Shares | Equity - Future | ₹-26.39 Cr | 2.60% |
| Hindustan Aeronautics Ltd Ordinary Shares | Equity | ₹26.29 Cr | 2.59% |
| Aditya Birla Housing Finance Limited | Bond - Corporate Bond | ₹25.03 Cr | 2.46% |
| Silver-05Dec2024-Mcx | Commodity - Future | ₹-24.65 Cr | 2.43% |
| Gold-04Oct2024-Mcx | Commodity - Future | ₹-24.34 Cr | 2.40% |
| Gold-05aug2024-Mcx | Commodity | ₹24.15 Cr | 2.38% |
| Future on Adani Enterprises Ltd | Equity - Future | ₹-23.48 Cr | 2.31% |
| Adani Enterprises Ltd | Equity | ₹23.3 Cr | 2.29% |
| Silver-05Sep2024-Mcx | Commodity - Future | ₹-19.78 Cr | 1.95% |
| Coal India Ltd | Equity | ₹19.52 Cr | 1.92% |
| Future on Coal India Ltd | Equity - Future | ₹-19.48 Cr | 1.92% |
| Future on State Bank of India | Equity - Future | ₹-17.8 Cr | 1.75% |
| State Bank of India | Equity | ₹17.67 Cr | 1.74% |
| Future on Vodafone Idea Ltd | Equity - Future | ₹-16.82 Cr | 1.66% |
| Vodafone Idea Ltd | Equity | ₹16.66 Cr | 1.64% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹14.95 Cr | 1.47% |
| The Federal Bank Ltd | Equity | ₹13.49 Cr | 1.33% |
| Future on The Federal Bank Ltd | Equity - Future | ₹-13.47 Cr | 1.33% |
| Accrued Interest | Cash - Collateral | ₹13.3 Cr | 1.31% |
| Future on Voltas Ltd | Equity - Future | ₹-13.1 Cr | 1.29% |
| Voltas Ltd | Equity | ₹13.01 Cr | 1.28% |
| Oil & Natural Gas Corp Ltd | Equity | ₹11 Cr | 1.08% |
| Future on Oil & Natural Gas Corp Ltd | Equity - Future | ₹-10.99 Cr | 1.08% |
| Future on Bharti Airtel Ltd | Equity - Future | ₹-10.14 Cr | 1.00% |
| Bharti Airtel Ltd | Equity | ₹10.13 Cr | 1.00% |
| Tata Capital Housing Finance Limited | Bond - Corporate Bond | ₹9.97 Cr | 0.98% |
| Future on Maruti Suzuki India Ltd | Equity - Future | ₹-9.9 Cr | 0.98% |
| Maruti Suzuki India Ltd | Equity | ₹9.9 Cr | 0.98% |
| REC Ltd | Equity | ₹9.79 Cr | 0.96% |
| Future on REC Ltd | Equity - Future | ₹-9.78 Cr | 0.96% |
| Indus Towers Ltd.29/08/2024 | Equity - Future | ₹-8.75 Cr | 0.86% |
| Indus Towers Ltd Ordinary Shares | Equity | ₹8.69 Cr | 0.86% |
| Future on Cummins India Ltd | Equity - Future | ₹-8.38 Cr | 0.82% |
| Cummins India Ltd | Equity | ₹8.32 Cr | 0.82% |
| Future on ITC Ltd | Equity - Future | ₹-7.66 Cr | 0.75% |
| ITC Ltd | Equity | ₹7.61 Cr | 0.75% |
| Silvermini-29Nov2024-Mcx1 | Commodity - Future | ₹-7.54 Cr | 0.74% |
| Future on Sun Pharmaceuticals Industries Ltd | Equity - Future | ₹-7.37 Cr | 0.73% |
| Sun Pharmaceuticals Industries Ltd | Equity | ₹7.34 Cr | 0.72% |
| Future on Punjab National Bank | Equity - Future | ₹-7.07 Cr | 0.70% |
| Punjab National Bank | Equity | ₹7.04 Cr | 0.69% |
| Future on Aurobindo Pharma Ltd | Equity - Future | ₹-6.96 Cr | 0.69% |
| Aurobindo Pharma Ltd | Equity | ₹6.94 Cr | 0.68% |
| Future on Trent Ltd | Equity - Future | ₹-6.81 Cr | 0.67% |
| Trent Ltd | Equity | ₹6.77 Cr | 0.67% |
| Future on Oberoi Realty Ltd | Equity - Future | ₹-6.43 Cr | 0.63% |
| Future on Bajaj Finance Ltd | Equity - Future | ₹-6.42 Cr | 0.63% |
| Oberoi Realty Ltd | Equity | ₹6.39 Cr | 0.63% |
| Bajaj Finance Ltd | Equity | ₹6.38 Cr | 0.63% |
| Future on Kotak Mahindra Bank Ltd | Equity - Future | ₹-6.32 Cr | 0.62% |
| Kotak Mahindra Bank Ltd | Equity | ₹6.29 Cr | 0.62% |
| Future on Bharat Heavy Electricals Ltd | Equity - Future | ₹-6.25 Cr | 0.62% |
| Bharat Heavy Electricals Ltd | Equity | ₹6.21 Cr | 0.61% |
| Future on IndusInd Bank Ltd | Equity - Future | ₹-5.82 Cr | 0.57% |
| IndusInd Bank Ltd | Equity | ₹5.78 Cr | 0.57% |
| Mahanagar Gas Ltd | Equity | ₹5.31 Cr | 0.52% |
| Future on Shriram Finance Ltd | Equity - Future | ₹-5.3 Cr | 0.52% |
| Future on Mahanagar Gas Ltd | Equity - Future | ₹-5.28 Cr | 0.52% |
| Shriram Finance Ltd | Equity | ₹5.28 Cr | 0.52% |
| Future on Hindustan Petroleum Corp Ltd | Equity - Future | ₹-5.11 Cr | 0.50% |
| Hindustan Petroleum Corp Ltd | Equity | ₹5.08 Cr | 0.50% |
| Future on Mahindra & Mahindra Ltd | Equity - Future | ₹-5.02 Cr | 0.49% |
| Bajaj Finance Limited | Bond - Corporate Bond | ₹4.99 Cr | 0.49% |
| Mahindra & Mahindra Ltd | Equity | ₹4.99 Cr | 0.49% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹4.98 Cr | 0.49% |
| ICICI Bank Ltd | Equity | ₹4.85 Cr | 0.48% |
| Future on ICICI Bank Ltd | Equity - Future | ₹-4.84 Cr | 0.48% |
| Hdb Financial Services Limited | Bond - Corporate Bond | ₹4.83 Cr | 0.48% |
| Future on Indian Railway Catering And Tourism Corp Ltd | Equity - Future | ₹-4.77 Cr | 0.47% |
| Indian Railway Catering And Tourism Corp Ltd | Equity | ₹4.75 Cr | 0.47% |
| Future on Axis Bank Ltd | Equity - Future | ₹-4.48 Cr | 0.44% |
| Axis Bank Ltd | Equity | ₹4.45 Cr | 0.44% |
| Future on RBL Bank Ltd | Equity - Future | ₹-4.15 Cr | 0.41% |
| RBL Bank Ltd | Equity | ₹4.12 Cr | 0.41% |
| Future on Biocon Ltd | Equity - Future | ₹-4.01 Cr | 0.39% |
| Biocon Ltd | Equity | ₹3.99 Cr | 0.39% |
| Future on Tata Steel Ltd. | Equity - Future | ₹-3.93 Cr | 0.39% |
| Tata Steel Ltd | Equity | ₹3.91 Cr | 0.39% |
| Future on GAIL (India) Ltd | Equity - Future | ₹-3.78 Cr | 0.37% |
| GAIL (India) Ltd | Equity | ₹3.75 Cr | 0.37% |
| Future on Bata India Ltd | Equity - Future | ₹-3.71 Cr | 0.37% |
| Bata India Ltd | Equity | ₹3.71 Cr | 0.37% |
| Future on Power Finance Corp Ltd | Equity - Future | ₹-3.71 Cr | 0.36% |
| Power Finance Corp Ltd | Equity | ₹3.69 Cr | 0.36% |
| Future on Steel Authority Of India Ltd | Equity - Future | ₹-3.39 Cr | 0.33% |
| Steel Authority Of India Ltd | Equity | ₹3.37 Cr | 0.33% |
| Future on Lupin Ltd | Equity - Future | ₹-3.35 Cr | 0.33% |
| Lupin Ltd | Equity | ₹3.33 Cr | 0.33% |
| NTPC Ltd | Equity | ₹3.12 Cr | 0.31% |
| Future on NTPC Ltd | Equity - Future | ₹-3.11 Cr | 0.31% |
| Future on Hero MotoCorp Ltd | Equity - Future | ₹-2.31 Cr | 0.23% |
| Hero MotoCorp Ltd | Equity | ₹2.31 Cr | 0.23% |
| Future on DLF Ltd | Equity - Future | ₹-2.07 Cr | 0.20% |
| DLF Ltd | Equity | ₹2.05 Cr | 0.20% |
| Future on TVS Motor Co Ltd | Equity - Future | ₹-2.05 Cr | 0.20% |
| TVS Motor Co Ltd | Equity | ₹2.04 Cr | 0.20% |
| Future on Birlasoft Ltd | Equity - Future | ₹-1.97 Cr | 0.19% |
| Birlasoft Ltd | Equity | ₹1.96 Cr | 0.19% |
| Future on Berger Paints India Ltd | Equity - Future | ₹-1.91 Cr | 0.19% |
| Berger Paints India Ltd | Equity | ₹1.9 Cr | 0.19% |
| Future on Bank of Baroda | Equity - Future | ₹-1.64 Cr | 0.16% |
| Bank of Baroda | Equity | ₹1.63 Cr | 0.16% |
| Future on Hindalco Industries Ltd | Equity - Future | ₹-1.41 Cr | 0.14% |
| Hindalco Industries Ltd | Equity | ₹1.41 Cr | 0.14% |
| Future on JSW Steel Ltd | Equity - Future | ₹-1.27 Cr | 0.12% |
| JSW Steel Ltd | Equity | ₹1.25 Cr | 0.12% |
| Future on Adani Ports & Special Economic Zone Ltd | Equity - Future | ₹-1.2 Cr | 0.12% |
| Adani Ports & Special Economic Zone Ltd | Equity | ₹1.19 Cr | 0.12% |
| Future on National Aluminium Co Ltd | Equity - Future | ₹-1.17 Cr | 0.12% |
| National Aluminium Co Ltd | Equity | ₹1.17 Cr | 0.11% |
| Future on UPL Ltd | Equity - Future | ₹-1.12 Cr | 0.11% |
| UPL Ltd | Equity | ₹1.12 Cr | 0.11% |
| Future on Muthoot Finance Ltd | Equity - Future | ₹-1.02 Cr | 0.10% |
| Muthoot Finance Ltd | Equity | ₹1.01 Cr | 0.10% |
| Future on Persistent Systems Ltd | Equity - Future | ₹-0.68 Cr | 0.07% |
| Persistent Systems Ltd | Equity | ₹0.68 Cr | 0.07% |
| Future on Cholamandalam Investment and Finance Co Ltd | Equity - Future | ₹-0.45 Cr | 0.04% |
| Cholamandalam Investment and Finance Co Ltd | Equity | ₹0.44 Cr | 0.04% |
| Future on Piramal Enterprises Ltd | Equity - Future | ₹-0.39 Cr | 0.04% |
| Piramal Enterprises Ltd | Equity | ₹0.39 Cr | 0.04% |
| Future on Ambuja Cements Ltd | Equity - Future | ₹-0.37 Cr | 0.04% |
| Ambuja Cements Ltd | Equity | ₹0.37 Cr | 0.04% |
| Future on Alkem Laboratories Ltd | Equity - Future | ₹-0.21 Cr | 0.02% |
| Alkem Laboratories Ltd | Equity | ₹0.21 Cr | 0.02% |
| Net Receivables/(Payables) | Cash - Collateral | ₹-0.08 Cr | 0.01% |
| Future on Infosys Ltd | Equity - Future | ₹-0.08 Cr | 0.01% |
| Infosys Ltd | Equity | ₹0.07 Cr | 0.01% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Sector | Amount | Holdings |
|---|---|---|
| Financial Services | ₹127.23 Cr | 12.53% |
| Energy | ₹87.73 Cr | 8.64% |
| Industrials | ₹59.77 Cr | 5.89% |
| Communication Services | ₹35.48 Cr | 3.49% |
| Consumer Cyclical | ₹29.72 Cr | 2.93% |
| Healthcare | ₹21.81 Cr | 2.15% |
| Basic Materials | ₹14.49 Cr | 1.43% |
| Utilities | ₹12.18 Cr | 1.20% |
| Real Estate | ₹8.44 Cr | 0.83% |
| Consumer Defensive | ₹7.61 Cr | 0.75% |
| Technology | ₹2.71 Cr | 0.27% |
Risk & Performance Ratios
Standard Deviation
This fund
--
Cat. avg.
--
Lower the better
Sharpe Ratio
This fund
--
Cat. avg.
--
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
--
Higher the better
Fund Managers
BJ
Bhavesh Jain
Since June 2023
Bharat Lahoti
Since June 2023
RD
Rahul Dedhia
Since July 2024
Amit Vora
Since June 2023
PK
Pranavi Kulkarni
Since August 2024
Additional Scheme Detailsas of 31st July 2024
ISIN | INF754K01RS8 | Expense Ratio | 0.40% | Exit Load | No Charges | Fund Size | ₹1,016 Cr | Age | 23 Jun 2023 | Lumpsum Minimum | ₹100 | Fund Status | Open Ended Investment Company | Benchmark | CRISIL Short Term Bond TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
- For investments made on or after 1 April 2023: The entire capital gain is added to the investor's income and is taxed based on the applicable income tax slab.
- For investments made before 1 April 2023:
- If sold within 2 years of investment: The capital gains are added to the investor's income and taxed according to the applicable tax slab.
- If sold after 2 years of investment: The capital gains are taxed at a flat rate of 12.5%.
- Holding the units: No tax is applicable as long as you hold the units.
Dividend Taxation:
Dividends are considered part of the investor’s income and are taxed according to their applicable tax slab. Additionally, if an investor’s dividend income exceeds INR 5,000 in a financial year, a 10% Tax Deducted at Source (TDS) is withheld by the fund house before distributing the dividend.
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Multi Asset Allocation Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Aditya Birla Sun Life Multi Asset Allocation Fund Regular Growth Very High Risk | 1.9% | 1.0% | ₹3508.90 Cr | 24.0% |
| Aditya Birla Sun Life Multi Asset Allocation Fund Direct Growth Very High Risk | 0.4% | 1.0% | ₹3508.90 Cr | 25.9% |
| Nippon India Multi Asset fund Direct Growth Very High Risk | 0.3% | 1.0% | ₹3854.24 Cr | 33.8% |
| Nippon India Multi Asset fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹3854.24 Cr | 32.2% |
| SBI Multi Asset Allocation Fund Regular Growth High Risk | 1.5% | 1.0% | ₹5865.80 Cr | 24.6% |
| Quant Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2725.25 Cr | 45.7% |
| UTI Multi Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹2912.96 Cr | 39.3% |
| ICICI Prudential Multi-Asset Fund Regular Growth Very High Risk | 1.5% | 1.0% | ₹46488.14 Cr | 30.1% |
| HDFC Multi - Asset Fund Regular Growth High Risk | 1.9% | 1.0% | ₹3348.14 Cr | 24.2% |
| Motilal Oswal Multi Asset Fund Direct Growth High Risk | 0.9% | 1.0% | ₹105.01 Cr | 17.9% |
About the AMC
Total AUM
₹1,62,381 Cr
Address
J.P.Morgan Tower, Mumbai, 400 098
Other Funds by Edelweiss Mutual Fund
Risk Level
Your principal amount will be at Low Risk
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Still got questions?
We're here to help.
What is the current NAV of Edelweiss Multi Asset Allocation Fund Direct Growth?
The NAV of Edelweiss Multi Asset Allocation Fund Direct Growth, as of 06-Sep-2024, is ₹10.97.
What is the portfolio composition of Edelweiss Multi Asset Allocation Fund Direct Growth?
The fund's allocation of assets is distributed as -0.17% in equities, 46.35% in bonds, and 53.99% in cash and cash equivalents.
Who manages the Edelweiss Multi Asset Allocation Fund Direct Growth?
The fund managers responsible for Edelweiss Multi Asset Allocation Fund Direct Growth are:-
- Bhavesh Jain
- Bharat Lahoti
- Rahul Dedhia
- Amit Vora
- Pranavi Kulkarni
Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.
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Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.
Dezerv Investments Private Limited is a Portfolio Manager with SEBI Registration no. INP000007377 and an Investment Manager to Category - I AIF-VCF-Angel Fund with SEBI Registration no. IN/AIF1/22-23/1066.
Mutual Fund distribution services are offered through Dezerv Distribution Services Pvt Limited, a wholly owned subsidiary with AMFI Registration No.: ARN -248439. **Mutual fund investments are subject to market risks, read all scheme related documents carefully.** Terms and conditions of the website are applicable. Privacy policy of the website is applicable.