March 8, 2024
mayank
Edelweiss Multi Asset Allocation Fund details, NAV, Portfolio, Returns, Peer Comparison, Fund Managers & Guidance by Chanakyamfguidance.com
NAV Growth: Rs 10.5193
NAV IDCW: Rs 10.5193
Suitable For Which Investors?
Multi Asset Allocation funds invest your money in a mix of equity shares, bonds and commodities (usually gold) such that each has at least 10 per cent allocation at all times.
We don’t think highly of gold or other commodities as an investment. Read this article to know why. Therefore, we believe that investors can avoid these funds altogether. Instead, they might consider other varieties of hybrid funds-aggressive hybrid, balanced hybrid and conservative hybrid-which invest your money in equity shares and bonds in different proportions. You can choose from these depending upon your investment horizon, return expectations and ability to withstand volatility in the value of your investments.
Fund’s Investment Strategy:
The Scheme seeks to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
Fund Manager:
1) Bharat Lahoti
Education: Mr. Lahoti is a B.E. (Electronics & Communication) from Mumbai University and MMS (Finance) from N L Dalmia Institute of Management Studies
Experience: Prior to joining Edelweiss Asset Management Limited as a Fund Manager – Equity and a Key Person , he was associated with D.E. Shaw India Software Pvt. Ltd. as a Senior Manager – Fundamental Research and has an overall work experience of 9 years in the research function of organizations in the financial services sector.
2) Bhavesh Jain
Education: Mr. Jain is a MMS (Finance) from Mumbai University.
Experience: Prior to joining Edelweiss Mutual Fund he was previously associated with Edelweiss Securities Limited as SGX Nifty Arbitrage Trader.
3) Dhawal Dalal
Education: Mr. Dalal is a B.E and MBA.
Experience: Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
4) Ashish Sood
Education: Mr. Sood has done B.Com (Hons), MBA (Finance), CFA (U.S.) Level 3 cleared
Experience: Prior to joining Edelweiss Mutual Fund, he has worked with InCred Asset Management Private Ltd ((previously Vishuddha Capital), HSBC Gloabal Banking and Markets, Citibank India and Bharti Airtel
Investment Details
| Min. Investment (Rs) | 100 |
| Min. Addl Investment (Rs) | 100 |
| Min. SIP Investment (Rs) | 100 |
| Min. Withdrawal (Rs) | — |
| Min. No of Cheques | 6 |
| Min. Balance (Rs) | — |
| Lock-in Period | NA |
| Exit Load | 0.1% for redemption Within 30 days |
Basic Details
| Fund House | Edelweiss Mutual Fund |
| Launch Date | 23-Jun-23 |
| Return Since Launch | 5.19% |
| Benchmark | CRISIL Short-Term Bond Index (50), NIFTY 500 TRI (40), Domestic Price of Gold (5), Domestic Price of Silver (5) |
| Riskometer | Low to Moderate |
| Type | Open-ended |
| Assets | Rs 656 Cr |
| (As on 31-Jan-2024) | |
| Expense | 0.36% |
| (As on 31-Jan-2024) | |
| Risk Grade | — |
| Return Grade | — |
| Turnover | 55.00% |
Trailing Returns (%) of Edelweiss Multi Asset Allocation Fund
| Fund name | YTD | 1D | 1M | 3M | 6M | 1Y | 3Y | 5Y | 7Y | 10Y |
| Edelweiss Multi Asset Allocation Dir | 1.45 | 0.14 | 0.54 | 1.91 | 3.45 | — | — | — | — | — |
| VR Balanced TRI | 3.45 | 0.47 | 2.39 | 7.02 | 13.75 | — | — | — | — | — |
| Hybrid: Multi Asset Allocation | 4.68 | 0.35 | 1.99 | 7.43 | 12.57 | — | — | — | — | — |
| Rank within category | 21 | 24 | 23 | 21 | 18 | — | — | — | — | — |
| Number of funds in category | 21 | 26 | 24 | 21 | 19 | 17 | 12 | 8 | 5 | 3 |
Peer Comparison of Edelweiss Multi Asset Allocation Fund
| Rating | 1 Year Returns | 3 Year Returns | 5 Year Returns | Expense Ratio (%) | Net Assets (Rs Cr) | Return Since Launch (%) | Exit Load (Days) | Fund Age | Turnover (%) | |
| Edelweiss Multi Asset Allocation Dir | Unrated | — | — | — | 0.36 | 656 | 5.19 | 0.10 (30) | 8M | 55.00 |
| ICICI Pru Multi Asset Dir | 4 star | 31.89 | 23.75 | 20.24 | 0.74 | 32,831 | 17.08 | 1.00 (365) | 11Y 2M | 31.00 |
| SBI Multi Asset Allocation Dir | 4 star | 29.43 | 15.75 | 14.70 | 0.62 | 3,879 | 12.23 | 1.00 (365) | 11Y 2M | — |
| Tata Multi Asset Opportunities Dir | 4 star | 27.66 | 17.38 | — | 0.40 | 2,381 | 21.76 | 1.00 (365) | 4Y | 16.78 |
| Quant Multi Asset Dir | 5 star | 44.74 | 34.82 | 28.80 | 0.71 | 1,456 | 16.09 | 1.00 (15) | 11Y 2M | 248.00 |
Portfolio Analysis of Edelweiss Multi Asset Allocation Fund
| No. of Stocks | 58 |
| Top 10 Holdings | 54.73% |
| Top 5 Stocks | 39.59% |
| Top 3 Sectors | 0.00% |
| Portfolio P/B Ratio | 2.64 |
| Portfolio P/E Ratio | 17.23 |
Portfolio Breakup
| Fund | Category | |
| Average Mkt Cap (Rs Cr) | 2,03,454 | 1,98,843 |
| Giant (%) | 54.96 | 54.53 |
| Large (%) | 28.16 | 19.97 |
| Mid (%) | 16.88 | 20.60 |
| Small (%) | — | 7.66 |
| Tiny (%) | — | 0.22 |
| Fund | Category | |
| Number of Securities | 127 | 51 |
| Macaulay Duration (yrs) | 2.71 | 2.15 |
| Average Maturity (yrs) | 2.95 | 3.07 |
| Yield to Maturity (%) | 7.56 | 7.47 |
| Avg Credit Rating | GOI/Cash | — |
How to Invest in Edelweiss Multi Asset Allocation Fund?
Chanakya’s Mutual Fund Guidance For Edelweiss Multi Asset Allocation Fund
Apply Online: https://invest.edelweissmf.com/home?distributoruuid=b9111455-759f-4eb8-bc2a-13927f656230
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Quicklinks
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