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 ₹53.91 as of 2026-08-28.
Edelweiss Balanced Advantage Fund is classified as a Dynamic Asset Allocation fund.
The Assets Under Management (AUM) of Edelweiss Balanced Advantage Fund is ₹13,292.69 Cr.
The expense ratio of Edelweiss Balanced Advantage Fund is 1.92%.
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 7.86% (1Y), 10.65% (3Y) and 9.14% (5Y) annualised returns as of 2026-08-28.
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.
