NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund
SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671
₹48.56
0.06%
NAV as on 16 Nov 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (nc)
NAV as on 16 Nov 24, 12:00 AM
very high risk
dynamic asset allocation
hybrid (nc)
19.87%p.a.
Last 1Y
9.86%p.a.
Last 3Y
14.59%p.a.
Last 5Y
11.09%p.a.
Since Inception
About Edelweiss Balanced Advantage Fund Plan Growth for NRIs
NRIs can achieve long-term capital appreciation by investing in the Edelweiss Balanced Advantage Fund Plan Growth scheme from Edelweiss Asset Management Limited. It is a Dynamic Asset Allocation mutual fund scheme that predominantly invests in Dynamic Asset Allocation stocks of companies. Launched on Aug 2009, Edelweiss Balanced Advantage Fund Plan Growth is Dynamic Asset Allocation fund of its category with 12,306.19 Cr fund under management as on Nov 2024. The expense ratio of this fund is less than that of most other Fund category Dynamic Asset Allocation funds.
- Edelweiss Balanced Advantage Fund Plan Growth delivered 19.9% annual returns during the last year. It has delivered 11.1% average annual returns since the fund was launched.
- Edelweiss Balanced Advantage Fund Plan Growth scheme tends to consistently deliver higher returns than most schemes in the same category.
- The scheme has predominantly invested in hybrid (nc)
Fund Objective
The primary objective of the Scheme is to generate capital appreciation with relatively lower volatility 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.
Top 10 Holdings
Nifty 28-Nov-2024
11.89%
HDFC Bank Ltd
5.10%
ICICI Bank Ltd
3.58%
NTPC Ltd
2.59%
Infosys Ltd
2.57%
Reliance Industries Ltd
2.26%
Bharti Airtel Ltd
2.21%
Axis Bank Ltd
1.71%
Maruti Suzuki India Ltd
1.62%
ITC Ltd
1.46%
Fund Managers
- Bhavesh Jain (Aug 2013 - Present)
- Bharat Lahoti (Sep 2017 - Present)
- Rahul Dedhia (Nov 2021 - Present)
- Pranavi Kulkarni (Aug 2024 - Present)
Key Information
View Scheme Document
Edelweiss Balanced Advantage Fund Plan Growth SIP Calculator
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NRI Mutual Fund Tax on Edelweiss Balanced Advantage Fund Plan Growth
Just like for resident investors, capital gains from mutual fund investments are subject to income tax for NRI investors.
| Fund Type | Short-term Capital Gains (STCG) Tax | Long-term Capital Gains (LTCG) Tax |
|---|---|---|
| Equity mutual funds | 15% | 10% (above Rs. 1 lakh LTCG) without indexation* |
| Debt & other types of funds | At tax slab rate | 20% with indexation benefits |
How can NRIs invest in Edelweiss Balanced Advantage Fund Plan Growth?
NRIs and OCIs can download the SBNRI app to invest in mutual funds from the country of their residence. Here are a few simple steps you need to take:
- Complete your NRI KYC: Type in your personal details and attach supporting documents, like:
- PAN Number
- Overseas address proof: Any of – Water/electricity bill, postpaid mobile/internet bill, rent agreement, driving license, etc.
- Passport – front and back
- Passport size photograph
- signature
If all details are correct, your KYC will be approved within 7 to 8 business days.
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing in Edelweiss Balanced Advantage Fund Plan Growth
- Onboarding: After KYC, you need to share the following details to complete onboarding process and start investing:
- City and country of birth
- NRE/NRO bank account statement/ canceled cheque for the latest 3 months
- Nominee details
Similar Funds
Funds
3Y Return
HDFC Balanced Advantage Fund Growth
very high risk | hybrid (nc)
19.8%
ICICI Prudential Balanced Advantage Fund Growth
very high risk | equity
11.4%
Kotak Balanced Advantage Fund Growth
very high risk | equity
10.2%
Frequently Asked Questions
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