Edelweiss Balanced Advantage Fund
Dynamic Asset Allocation or Balanced Advantage · Edelweiss Asset Management Limited
Among the 135 funds in its category, this one has grown money faster than most. ₹1 lakh invested 5 years ago would be about ₹1.5 lakh today. Investing ₹10,000 every month for the last 10 years would have put in ₹12.1 lakh and grown it to about ₹22.5 lakh. Be warned: in its worst stretch, ₹1 lakh briefly shrank to about ₹83,770. Expect meaningful ups and downs on the way.
New to fund research? Start with the 5-minute guide. The detailed numbers below back all of this up.Edelweiss Balanced Advantage Fund is a Dynamic Asset Allocation or Balanced Advantage fund from Edelweiss Asset Management Limited. It has a track record of about 13.6 years. As of the latest data it carries an RS rating of 89/99 (its recent momentum versus category peers) and a King Score of 79/100 (a long-term quality composite). The current NAV is ₹60.27 (as of 2026-09-16).
Growth of ₹100 - last 5 years
Edelweiss Balanced Advantage Fund returns: last 1, 3, 5 and 10 years
| Period | This fund | Category average |
|---|---|---|
| 1 month | -2.51% | -2.55% |
| 3 months | 1.18% | 0.65% |
| 6 months | 4.51% | 3.72% |
| 1 year | 3.81% | 1.46% |
| 3 years (CAGR) | 9.87% | 8.91% |
| 5 years (CAGR) | 9.02% | 8.8% |
| 10 years (CAGR) | 11.86% | 10.38% |
The last 10 years return of Edelweiss Balanced Advantage Fund works out to 11.86% a year (CAGR) - ₹1 lakh invested 10 years ago would be about ₹3.1 lakh today. The last 5 years return is 9.02% a year (₹1 lakh → ₹1.5 lakh), and the last 3 years return is 9.87% - ahead of its category's 8.91% average by 1.0 points. Its trailing one-year return is 3.81%. Trailing returns flatter or disappoint depending on the end date you pick - the year-by-year and rolling-return sections below are a fairer read.
Year-by-year returns
| Year | Edelweiss Balanced Adv | Benchmark |
|---|---|---|
| 2018 | +3.0% | -3.4% |
| 2019 | +9.4% | +7.7% |
| 2020 | +24.5% | +16.7% |
| 2021 | +20.4% | +30.2% |
| 2022 | +3.5% | +3.0% |
| 2023 | +20.3% | +25.8% |
| 2024 | +14.4% | +15.2% |
| 2025 | +8.3% | +6.7% |
| 2026 | +0.0% | -5.8% |
Edelweiss Balanced Advantage Fund beat its benchmark in 6 of the last 9 calendar years. That is a strong hit-rate - most active funds fail to clear their index this often. Consistency against the benchmark matters more than any single great year.
Calendar-year returns show how bumpy the ride really was - an average hides the good years and the ugly ones.
What a monthly SIP in Edelweiss Balanced Advantage Fund would have made
A ₹10,000-a-month SIP, using this fund's actual NAV history. SIP returns (XIRR) differ from lumpsum CAGR because your money goes in gradually, averaging your entry price.
| SIP duration | You invested | It became | XIRR |
|---|---|---|---|
| 3 years | ₹370,000 | ₹407,476 | 6.37% |
| 5 years | ₹610,000 | ₹771,305 | 9.31% |
| 10 years | ₹1,210,000 | ₹2,248,424 | 11.9% |
Over 10 years, ₹1,210,000 invested in monthly instalments would have grown to about ₹2,248,424 - an XIRR of 11.9%. Figures are pre-tax and assume you stayed invested throughout.
Risk & drawdowns
| Measure | This fund | Category average |
|---|---|---|
| Worst drawdown (lifetime) | -16.23% | -16.31% |
| Worst drawdown (3Y) | -11.09% | -9.91% |
| Volatility (1Y) | 10.82% | 10.51% |
| Sharpe (3Y) | 0.36 | 0.28 |
| Sortino (3Y) | 0.65 | 0.47 |
| Beta (3Y) | 0.63 | 0.55 |
| Alpha (3Y) | 2.32% | 1.16% |
| Up capture | 69.9% | 60.22% |
| Down capture | 59.1% | 50.55% |
| Bull-market return | 19.5% | 18.15% |
| Bear-market return | -12.9% | -14.83% |
Timing matters more than people admit: the best possible 1-year stretch in Edelweiss Balanced Advantage Fund (starting 2020-03-23) gained 50.6%, while the worst (starting 2015-03-02) lost 7.1%. The worst peak-to-bottom fall Edelweiss Balanced Advantage Fund has ever put investors through is -16.23% - the real test of whether you'd have stayed invested. In falling markets (Nifty below its 200-day average) it has returned about -12.9% annualised, versus 19.5% in rising markets. It has captured roughly 69.9% of its benchmark's up-moves and 59.1% of its down-moves.
How Edelweiss Balanced Advantage Fund behaves when markets fall
When the market is falling (the Nifty below its 200-day average), Edelweiss Balanced Advantage Fund has historically returned about -12.9% annualised, versus roughly 19.5% when the market is rising. Its deepest fall on record is -16.23%. Right now it sits about 2.9% below its all-time high (last hit 2026-08-10). The real question isn't the average year - it's whether you could hold on through the worst one.
How Edelweiss Balanced Advantage Fund ranks in its category
Percentile versus its ~135 category peers - 100th is best-in-class, 50th is average. This is the fairest apples-to-apples read.
Consistency (rolling returns)
| Measure | Value |
|---|---|
| Median 3Y rolling CAGR | 13.06% |
| 3Y windows positive | 100.0% |
| Worst 3Y window | 3.53% |
| 3Y windows beating Nifty 500 | 37.7% |
| Median 5Y rolling CAGR | 12.61% |
| Median 10Y rolling CAGR | 12.37% |
Instead of one lucky start date, rolling returns test every start date. Across all 3-year windows in its history, Edelweiss Balanced Advantage Fund returned a median of 13.06% a year, and 100.0% of those windows were positive.
What Edelweiss Balanced Advantage Fund holds
Its latest monthly portfolio disclosure. This is what your money actually owns.
Top holdings
Sector allocation
The top 10 holdings make up 27.2% of the portfolio, across 103 stocks. A higher concentration means the fund's fortunes ride on fewer names.
Portfolio overlap with similar funds
Edelweiss Balanced Advantage Fund shares Mirae Asset Balanced Advantage Fund (38%), Axis Balanced Advantage Fund (2%), WhiteOak Capital Balanced Advantage Fund (2%) of its portfolio with these category peers (overlap = the slice of the two portfolios invested in the same stocks). The lower the overlap, the more genuinely different the portfolios are.
Who manages Edelweiss Balanced Advantage Fund - and how good are they?
Edelweiss Balanced Advantage Fund is managed by Kedar Karnik, Bhavesh Jain and Bharat Lahoti. Below is each manager's complete track record - every fund they currently run, judged on the same numbers as everything else on this page - so you can see whether this fund is in strong hands or is the outlier in a weak book.
Kedar Karnik's full record
Kedar Karnik currently runs 3 funds, across Dynamic Asset Allocation or Balanced Advantage, Gilt Fund, Overnight Fund, with about ₹13,143 Cr under management. The book's average King Score is 77.7/100. This fund is the highest-scored fund they run (King 79/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss Balanced Advantage Fund (this page) | 89 | 79 | 1.2% | 4.5% | 3.8% | 9.9% | 9.0% | 11.9% | 0.36 | 13.1% | -16.2% |
| 2 | Edelweiss Overnight Fund | 82 | 77 | 1.3% | 2.6% | 5.3% | 6.0% | 5.7% | n/a | -1.9 | 5.4% | 0.0% |
| 3 | Edelweiss Government Securities Fund | 32 | 77 | 0.5% | 1.2% | 1.8% | 6.0% | 5.2% | n/a | -0.16 | 7.3% | -3.3% |
Bhavesh Jain's full record
Bhavesh Jain currently runs 26 funds, across Arbitrage Fund, Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, FoF Overseas and more, with about ₹47,172 Cr under management. The book's average King Score is 58.6/100. Their strongest fund by King Score is Edelweiss Arbitrage Fund (81/100); Edelweiss Balanced Advantage Fund ranks #2 of 26 in their book.
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss Arbitrage Fund | 80 | 81 | 1.6% | 3.1% | 6.7% | 7.4% | 6.9% | 6.5% | 0.92 | 6.8% | -0.5% |
| 2 | Edelweiss Balanced Advantage Fund (this page) | 89 | 79 | 1.2% | 4.5% | 3.8% | 9.9% | 9.0% | 11.9% | 0.36 | 13.1% | -16.2% |
| 3 | Edelweiss Gold and Silver ETF FOF | 88 | 77 | -5.3% | -7.1% | 59.3% | 40.5% | n/a | n/a | 1.23 | 40.9% | -23.9% |
| 4 | Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund | 98 | 74 | 8.3% | 15.0% | 18.9% | 18.5% | 13.3% | n/a | 0.94 | 17.3% | -16.3% |
| 5 | Edelweiss Large Cap Fund | 75 | 72 | 0.4% | 1.6% | -2.1% | 9.2% | 9.4% | 12.9% | 0.2 | 15.0% | -35.1% |
| 6 | Edelweiss Europe Dynamic Equity Offshore Fund | 53 | 63 | 0.3% | 9.0% | 24.1% | 24.7% | 15.6% | n/a | 1.07 | 10.3% | -35.7% |
| 7 | Edelweiss NIFTY Large Midcap 250 Index Fund | 41 | 61 | -1.4% | 4.0% | -0.5% | 10.7% | n/a | n/a | 0.27 | 18.0% | -18.9% |
| 8 | Edelweiss Recently Listed IPO Fund | 95 | 59 | 7.2% | 30.2% | 17.8% | 17.0% | 11.2% | n/a | 0.57 | 19.2% | -32.3% |
| 9 | Edelweiss Nifty Next 50 Index Fund | 60 | 59 | -1.4% | 7.7% | 3.9% | 15.8% | n/a | n/a | 0.47 | 19.4% | -26.4% |
| 10 | Edelweiss Emerging Markets Opportunities Equity Offshore Fund | 90 | 58 | -3.7% | 16.7% | 48.2% | 27.6% | 11.5% | n/a | 1.1 | 7.2% | -38.8% |
| 11 | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | 42 | 56 | -2.8% | 5.8% | 1.1% | 14.1% | n/a | n/a | 0.36 | 23.0% | -25.8% |
| 12 | Edelweiss Nifty Smallcap 250 Index Fund | 94 | 53 | 3.5% | 18.2% | 4.5% | 13.6% | n/a | n/a | 0.35 | 19.9% | -26.1% |
| 13 | Edelweiss US Value Equity Offshore Fund | 89 | 52 | 3.7% | 17.1% | 29.2% | 20.0% | 15.2% | n/a | 0.91 | 13.2% | -34.8% |
| 14 | Edelweiss US Technology Equity Fund of Fund | 42 | 52 | -6.3% | 22.5% | 19.1% | 28.9% | 15.3% | n/a | 0.75 | 13.2% | -45.3% |
| 15 | Edelweiss Nifty 100 Quality 30 Index Fund | 35 | 48 | 0.1% | 2.7% | -4.7% | 7.4% | n/a | n/a | 0.07 | 14.3% | -21.0% |
| 16 | Edelweiss ASEAN Equity Off-shore Fund | 65 | 41 | 5.2% | 11.9% | 19.3% | 16.9% | 11.0% | n/a | 0.74 | 5.6% | -36.1% |
| 17 | Edelweiss Nifty 50 Index Fund | 16 | 38 | -2.1% | -1.6% | -6.6% | 5.8% | n/a | n/a | -0.04 | 12.6% | -16.6% |
| 18 | Edelweiss Greater China Equity Off-shore Fund | 40 | 31 | -4.8% | 10.2% | 25.5% | 22.9% | 6.0% | n/a | 0.67 | 12.4% | -54.4% |
| 19 | Edelweiss BSE Internet Economy Index Fund | 99 | n/a | 12.1% | 20.4% | 7.7% | n/a | n/a | n/a | 0.25 | n/a | -21.4% |
| 20 | Edelweiss Multi Asset Omni Fund of Fund | 65 | n/a | -0.7% | 3.8% | 12.6% | n/a | n/a | n/a | n/a | n/a | -10.4% |
| 21 | Edelweiss Income Plus Arbitrage Active Fund of Funds | 57 | n/a | 1.6% | 3.0% | 5.8% | n/a | n/a | n/a | n/a | n/a | -0.1% |
| 22 | Edelweiss Business Cycle Fund | 51 | n/a | 2.2% | 5.0% | 2.5% | n/a | n/a | n/a | -0.59 | n/a | -26.4% |
| 23 | Edelweiss Nifty Alpha Low Volatility 30 Index Fund | 37 | n/a | -0.1% | 2.2% | -2.9% | n/a | n/a | n/a | -0.52 | n/a | -24.9% |
| 24 | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund | 19 | n/a | -5.0% | 3.2% | -4.3% | n/a | n/a | n/a | -0.64 | n/a | -27.7% |
| 25 | Edelweiss Silver ETF Fund of Fund | n/a | n/a | -10.0% | -10.7% | n/a | n/a | n/a | n/a | n/a | n/a | -35.7% |
| 26 | Edelweiss Gold ETF Fund of Fund | n/a | n/a | -0.2% | -3.6% | n/a | n/a | n/a | n/a | n/a | n/a | -12.8% |
Bharat Lahoti's full record
Bharat Lahoti currently runs 21 funds, across Dynamic Asset Allocation or Balanced Advantage, FoF Domestic, FoF Overseas, Index Funds and more, with about ₹31,743 Cr under management. The book's average King Score is 55.6/100. This fund is the highest-scored fund they run (King 79/100).
Tap any column heading to sort.
| # | Fund | RS | King | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR | 10Y CAGR | Sharpe | Roll 3Y | Worst fall |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Edelweiss Balanced Advantage Fund (this page) | 89 | 79 | 1.2% | 4.5% | 3.8% | 9.9% | 9.0% | 11.9% | 0.36 | 13.1% | -16.2% |
| 2 | Edelweiss Gold and Silver ETF FOF | 88 | 77 | -5.3% | -7.1% | 59.3% | 40.5% | n/a | n/a | 1.23 | 40.9% | -23.9% |
| 3 | Edelweiss Large Cap Fund | 75 | 72 | 0.4% | 1.6% | -2.1% | 9.2% | 9.4% | 12.9% | 0.2 | 15.0% | -35.1% |
| 4 | Edelweiss Europe Dynamic Equity Offshore Fund | 53 | 63 | 0.3% | 9.0% | 24.1% | 24.7% | 15.6% | n/a | 1.07 | 10.3% | -35.7% |
| 5 | Edelweiss Recently Listed IPO Fund | 95 | 59 | 7.2% | 30.2% | 17.8% | 17.0% | 11.2% | n/a | 0.57 | 19.2% | -32.3% |
| 6 | Edelweiss Emerging Markets Opportunities Equity Offshore Fund | 90 | 58 | -3.7% | 16.7% | 48.2% | 27.6% | 11.5% | n/a | 1.1 | 7.2% | -38.8% |
| 7 | Edelweiss Nifty Midcap150 Momentum 50 Index Fund | 42 | 56 | -2.8% | 5.8% | 1.1% | 14.1% | n/a | n/a | 0.36 | 23.0% | -25.8% |
| 8 | Edelweiss Nifty Smallcap 250 Index Fund | 94 | 53 | 3.5% | 18.2% | 4.5% | 13.6% | n/a | n/a | 0.35 | 19.9% | -26.1% |
| 9 | Edelweiss US Value Equity Offshore Fund | 89 | 52 | 3.7% | 17.1% | 29.2% | 20.0% | 15.2% | n/a | 0.91 | 13.2% | -34.8% |
| 10 | Edelweiss US Technology Equity Fund of Fund | 42 | 52 | -6.3% | 22.5% | 19.1% | 28.9% | 15.3% | n/a | 0.75 | 13.2% | -45.3% |
| 11 | Edelweiss Nifty 100 Quality 30 Index Fund | 35 | 48 | 0.1% | 2.7% | -4.7% | 7.4% | n/a | n/a | 0.07 | 14.3% | -21.0% |
| 12 | Edelweiss ASEAN Equity Off-shore Fund | 65 | 41 | 5.2% | 11.9% | 19.3% | 16.9% | 11.0% | n/a | 0.74 | 5.6% | -36.1% |
| 13 | Edelweiss Nifty 50 Index Fund | 16 | 38 | -2.1% | -1.6% | -6.6% | 5.8% | n/a | n/a | -0.04 | 12.6% | -16.6% |
| 14 | Edelweiss Greater China Equity Off-shore Fund | 40 | 31 | -4.8% | 10.2% | 25.5% | 22.9% | 6.0% | n/a | 0.67 | 12.4% | -54.4% |
| 15 | Edelweiss BSE Internet Economy Index Fund | 99 | n/a | 12.1% | 20.4% | 7.7% | n/a | n/a | n/a | 0.25 | n/a | -21.4% |
| 16 | Edelweiss Multi Asset Omni Fund of Fund | 65 | n/a | -0.7% | 3.8% | 12.6% | n/a | n/a | n/a | n/a | n/a | -10.4% |
| 17 | Edelweiss Income Plus Arbitrage Active Fund of Funds | 57 | n/a | 1.6% | 3.0% | 5.8% | n/a | n/a | n/a | n/a | n/a | -0.1% |
| 18 | Edelweiss Business Cycle Fund | 51 | n/a | 2.2% | 5.0% | 2.5% | n/a | n/a | n/a | -0.59 | n/a | -26.4% |
| 19 | Edelweiss Nifty500 Multicap Momentum Quality 50 Index Fund | 19 | n/a | -5.0% | 3.2% | -4.3% | n/a | n/a | n/a | -0.64 | n/a | -27.7% |
| 20 | Edelweiss Silver ETF Fund of Fund | n/a | n/a | -10.0% | -10.7% | n/a | n/a | n/a | n/a | n/a | n/a | -35.7% |
| 21 | Edelweiss Gold ETF Fund of Fund | n/a | n/a | -0.2% | -3.6% | n/a | n/a | n/a | n/a | n/a | n/a | -12.8% |
A caveat worth keeping: funds often have co-managers, and results belong to the whole team and process rather than one person. A manager's book tells you about their range and consistency, not a guarantee of skill.
Cost & fund basics
| Detail | Value |
|---|---|
| Expense ratio (Direct) | 0.96% |
| Exit load | ≈1% if redeemed within 1 year (typical) |
| Minimum investment | ₹100 |
| Fund size (AUM) | ₹12,908 Cr |
| Age | 13.6 years |
| Plan / Option | Direct · Growth |
| Benchmark | NIFTY500 |
How Edelweiss Balanced Advantage Fund compares to peers
| Fund | RS | King | 3Y CAGR |
|---|---|---|---|
| WhiteOak Capital Balanced Advantage Fund | 97 | 94 | 11.3% |
| Mirae Asset Balanced Advantage Fund | 82 | 89 | 9.6% |
| Axis Balanced Advantage Fund | 63 | 87 | 10.8% |
| SBI Balanced Advantage Fund | 52 | 87 | 9.2% |
| HSBC Balanced Advantage Fund | 83 | 85 | 9.1% |
| Franklin India Balanced Advantage Fund | 65 | 83 | 9.3% |
Overlap warning: funds in the same category often own many of the same stocks - holding several rarely adds the diversification people expect.
What these numbers mean
RS rating (1-99) ranks a fund's recent momentum against its category - higher is stronger right now. King Score (0-100) is a long-term quality composite (returns, consistency, drawdown, risk-adjusted return) versus peers. Max drawdown is the worst peak-to-bottom fall the fund has ever experienced. Rolling returns test every possible start date, so one lucky (or unlucky) entry point can't distort the picture. Every formula behind this page is public - see how we calculate every number.
Edelweiss Balanced Advantage Fund review: the bottom line
Related
Frequently asked questions
Is Edelweiss Balanced Advantage Fund a good mutual fund?
That depends on your goals and risk tolerance - this is descriptive research, not advice. On the numbers, Edelweiss Balanced Advantage Fund scores 79/100 on our King Score and RS 89/99 within its category, has compounded 9.87% a year over three years, and its worst drawdown was -16.23%. Compare those against your needs and the peer table above.
What is the NAV of Edelweiss Balanced Advantage Fund today?
The latest NAV is ₹60.27 (as of 2026-09-16). NAV (net asset value) is the per-unit price of the fund, published every business day by the AMC.
What is the last 10 years return of Edelweiss Balanced Advantage Fund?
Over the last 10 years Edelweiss Balanced Advantage Fund has returned about 11.86% a year (CAGR). In rupees: ₹1 lakh invested 10 years ago would be roughly ₹3.1 lakh today, before tax. See the year-by-year table above for how uneven the ride was.
What is the expense ratio of Edelweiss Balanced Advantage Fund?
The Direct-plan expense ratio is 0.96% a year. The Direct plan is cheaper than the Regular plan because it carries no distributor commission - over decades that gap compounds meaningfully.
Who is the fund manager of Edelweiss Balanced Advantage Fund?
Edelweiss Balanced Advantage Fund is managed by Kedar Karnik; Bhavesh Jain; Bharat Lahoti; Rahul Dedhia.
Is Edelweiss Balanced Advantage Fund safe? How risky is it?
No market-linked fund is 'safe' in the fixed-deposit sense - the honest question is how deep its falls get. Its worst historical drawdown was -16.23% - ₹1 lakh briefly becoming about ₹83,770. As a hybrid fund, its risk profile is typical of that category. Look at the drawdown, volatility and bear-market figures above and ask whether you could stay invested through the bad stretches.
Is Edelweiss Balanced Advantage Fund good for SIP?
We can't tell you what to do, but here is what actually happened: a ₹10,000 monthly SIP over the last 10 years grew ₹12.1 lakh into about ₹22.5 lakh (XIRR 11.9%). SIPs average your entry price, which helps most in funds that swing hard - check the crash-behaviour section above to see how it treats investors in bad markets.
What are the SIP returns of Edelweiss Balanced Advantage Fund?
A ₹10,000/month SIP over 10 years would have grown to about ₹2,248,424 (an XIRR of 11.9%) on ₹1,210,000 invested, using the fund's actual NAV history. See the SIP table above for other durations.
How does Edelweiss Balanced Advantage Fund rank among similar funds?
On 3-year returns it sits around the 88th percentile of its category, and its consistency ranks 77th percentile. 100th is best-in-class, 50th is average. See the category-ranking section above.
Is Edelweiss Balanced Advantage Fund tax-efficient / what about capital gains?
As a hybrid fund, gains follow the rules for its asset class - equity-oriented funds are taxed differently from debt. All returns on this page are pre-tax; your actual post-tax return depends on your holding period and slab. This is descriptive information, not tax advice.
Direct or Regular plan - which is shown here?
All figures on this page are for the Direct-Growth plan (no distributor commission, lower cost). Returns are pre-tax; capital-gains tax depends on your own holding period and slab.
See Edelweiss Balanced Advantage Fund live in the MF Terminal
Everything above is a static snapshot. The terminal is where you actually research it:
- Interactive price chart with EMAs & RSI
- The RS line plotted against its benchmark
- Full holdings, sector mix & portfolio overlap
- Point-in-time backtester & portfolio doctor
- Compare it side-by-side with any peer
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Data: AMFI NAV history, NSE indices, BSE StAR and monthly disclosures. All figures are pre-tax. Descriptive research and education only - nothing here is investment advice or a recommendation to buy, sell or hold any fund. Past performance does not guarantee future returns.