NRI from all over the world (excluding U.S.A. & Canada) can invest in this fund

INVEST VIA NRE/NRO

Edelweiss Balanced Advantage Fund Plan Growth for NRI [50.22]

Min Investment

100

Fund Size

12,306.19 Cr

Expense Ratio

1.7%

Exit Load

1%

SBNRI is a certified Mutual Fund distributor registered with Association of Mutual Funds in India (AMFI) with Reg. No. 246671

50.22

0.10%

NAV as on 08 Dec 24, 12:00 AM

very high risk

dynamic asset allocation

hybrid (nc)

NAV as on 08 Dec 24, 12:00 AM

very high risk

dynamic asset allocation

hybrid (nc)

18.64%p.a.

Last 1Y

12.47%p.a.

Last 3Y

15.59%p.a.

Last 5Y

11.02%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 Dec 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 18.6% annual returns during the last year. It has delivered 11.0% 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

  1. Bhavesh Jain (Aug 2013 - Present)
  2. Bharat Lahoti (Sep 2017 - Present)
  3. Rahul Dedhia (Nov 2021 - Present)
  4. Pranavi Kulkarni (Aug 2024 - Present)

Key Information

View Scheme Document

Edelweiss Balanced Advantage Fund Plan Growth SIP Calculator

If invested

5,000

per month

For a period of

Investment of 0 could have been

0(+0.0%)

0 (+0.0%)

This Fund

0 (+0.0%)

Fixed Deposit

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 TypeShort-term Capital Gains (STCG) TaxLong-term Capital Gains (LTCG) Tax
Equity mutual funds15%10% (above Rs. 1 lakh LTCG) without indexation*
Debt & other types of fundsAt tax slab rate20% 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

Frequently Asked Questions