Open your free All-in-One trading account with zero hassle!
Edelweiss Balanced Advantage Fund
Dynamic Asset AllocationRank #11
3/5
NAV (2026-09-11)
₹52.99
AUM
₹13,445 Cr
Exp. Ratio: 1.91%
RISK LEVEL
Very High
Returns & Performance
1 Year4.27%3.18% vs cat avgRank #4
3 Year9.10%1.24% vs cat avgRank #10
5 Year8.18%0.26% vs cat avgRank #9
Since Launch10.26%1.07% vs cat avg
Fund vs Category Average
1Y
4.27%+3.18%
3Y
9.10%+1.24%
5Y
8.18%+0.26%
Pros & Cons
Pros
✔Outperforms category avg on 1Y returns
✔Strong 3Y track record vs category
✔Above category avg 5Y returns
✔No lock-in period
✔Top-5 ranked in category for 1Y (#4)
Cons
✖Higher expense ratio (1.91%)
✖Overall rank #11 in category
✖Returns since launch below category avg
ISININF754K01285
NAV₹52.99
NAV Date2026-09-11
AUM₹13,445 Cr
Expense Ratio1.91%
RiskVery High
Rating3 / 5
Min SIP Amount₹100
Max SIP Amount₹999999999
Min Additional Inv.₹100
SIP AllowedYes
Plan TypeRegular
Plan OptionGrowth
Is NFONo
Fund House Incorp.2008-04-30
INVESTMENT OBJECTIVE
The scheme will invest in arbitrage opportunities, equity derivative strategies, pure equity investments and the balance in debt and money market instruments.
Exit Load1.00%
Stamp duty on investment0.005% (from July 1st, 2020)
Tax implicationsNA
Kedar Karnik
Mr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.
Prior to joining Edelwiess Mutual Fund he was associated with DSP MF, Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
Common questions about this fund, answered from scheme data
The latest Net Asset Value (NAV) of Edelweiss Balanced Advantage Fund is ₹52.99 as of 2026-09-11.
Edelweiss Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
Edelweiss Balanced Advantage Fund is managed by Edelweiss Mutual Fund.
The Assets Under Management (AUM) of Edelweiss Balanced Advantage Fund is ₹13,445 Cr.
The expense ratio of Edelweiss Balanced Advantage Fund is 1.91%.
Edelweiss Balanced Advantage Fund is managed by Kedar Karnik.
The minimum SIP investment for Edelweiss Balanced Advantage Fund is ₹100.
The exit load for Edelweiss Balanced Advantage Fund is 1%.
As per the SEBI Riskometer, Edelweiss Balanced Advantage Fund carries a Very High risk level.
Edelweiss Balanced Advantage Fund has delivered 4.27% (1Y), 9.1% (3Y) and 8.18% (5Y) annualised returns as of 2026-09-11.
Edelweiss Balanced Advantage Fund was launched on 2008-04-30.
Open an account with Indiabulls Securities, complete your KYC, and invest via SIP or a one-time lumpsum through our platform.
A Systematic Investment Plan (SIP) lets you invest a fixed amount at regular intervals (e.g., monthly) instead of a single lumpsum.
There is no separate brokerage on mutual fund units. The AMC charges an expense ratio, which is already reflected in the NAV. An exit load may apply if you redeem before the specified period.
Mutual fund NAVs are declared once per business day after market close, in line with SEBI norms.
The FAQs above are generated from data provided by the AMC and are for educational purposes only. They do not constitute financial advice, buy/sell recommendations, or return guarantees. Mutual fund investments are subject to market risks — read all scheme-related documents carefully before investing. Past performance is not indicative of future returns.
