Edelweiss Balanced Advantage Fund Direct Growth Review 2026: NAV, Returns, Portfolio & Should You Invest?
- September 10, 2026
- Posted by: Chaitanya Auti
- Category: Mutual Funds
Edelweiss Balanced Advantage Fund Direct Growth Plan has a NAV of ₹61.2 as of 09 Sep 2026 and an AUM of ₹13,292 Cr. Its 1-year, 3-year and 5-year returns are 6.18%, 10.63% and 9.58%, and it carries a High Risk profile.
Our view is that this fund suits investors who can tolerate equity-linked swings but still want a balanced-advantage structure. The return pattern is steadier over longer periods than in the latest month, and the portfolio includes meaningful cash and large-cap exposure, which may support a smoother ride than a pure equity fund.
Quick facts
| Particular | Details |
|---|---|
| NAV | ₹61.2 as of 09 Sep 2026 |
| AUM | ₹13,292 Cr |
| Expense Ratio | 0.53% |
| Launch Date | 21 Jan 2013 |
| Min SIP | ₹100 |
| Risk Category | High Risk |
| Benchmark | Nifty 50 |
| Fund Category | Hybrid |
| Exit Load | Nil upto 10% of units and 1% for remaining units on or before 90D, Nil after 90D |
| Fund Managers | Bhavesh Jain, Bharat Lahoti, Rahul Dedhia, Kedar Karnik |
The fund is managed by Bhavesh Jain, Bharat Lahoti, Rahul Dedhia and Kedar Karnik.
Source data date: as of 09 Sep 2026
Performance
| Period | Fund return | Benchmark return |
|---|---|---|
| 1M | -1.4% | -4.69% |
| 3M | 4.76% | 0.93% |
| 1Y | 6.18% | -7.16% |
| 3Y | 10.63% | 6% |
| 5Y | 9.58% | 5.87% |
The recent picture is mixed but not weak. Over the last month, the fund declined less than the benchmark, which tells us it held up better in a falling market. Over three months, it moved ahead of the benchmark by a wider margin, suggesting the fund regained momentum after short-term softness.
The 1-year return is especially notable because the benchmark is still negative over the same period. That means the fund has added value over a full year even while the index struggled. The 3-year and 5-year numbers show that this is not just a one-period story; the fund has stayed ahead of the benchmark over both horizons.
The time pattern also looks uneven rather than straight-line. There were stretches of weaker movement followed by recovery, so investors should expect some variability. Even so, the longer-term compounding profile has remained constructive, and the 5-year return is stronger than the benchmark by a comfortable margin.
For us, the key takeaway is that the fund has recently behaved better than the benchmark on a risk-adjusted feel, while also preserving a sound multi-year record. That combination matters more than one strong month, especially in a hybrid strategy that can change posture as markets move.
Source data date: as of 09 Sep 2026
Should you BUY or HOLD Edelweiss Balanced Advantage?
A fund’s past returns alone don’t tell you whether you should buy it today or continue holding it.
The right decision depends on factors such as your current allocation, purchase price, risk profile, investment horizon and the role this fund plays in your overall portfolio.
Already holding Edelweiss Balanced Advantage? Thinking of investing now?
Peer comparison
| Fund | 1Y return | 3Y return | 5Y return |
|---|---|---|---|
| Unifi Dynamic Asset Allocation Fund Direct Growth Plan | 8.68% | Data not available | Data not available |
| Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan | 8.14% | 12.06% | 11.26% |
| Aditya Birla SL Balanced Advantage Fund Direct Growth Plan | 7.49% | 11.72% | 10.44% |
| Edelweiss Balanced Advantage Fund Direct Growth Plan | 6.18% | 10.63% | 9.58% |
| 360 ONE Balanced Hybrid Fund Direct Growth Plan | 5.99% | Data not available | Data not available |
This assessment is prepared by Uniapps Investment Adviser Pvt. Ltd. under SEBI Registered Investment Adviser registration INA000017639.
On the latest 1-year figure, the fund trails the stronger peer numbers in this set, with Unifi Dynamic Asset Allocation Fund Direct Growth Plan, Baroda BNP Paribas Balanced Advantage Fund Direct Growth Plan and Aditya Birla SL Balanced Advantage Fund Direct Growth Plan all ahead. That does not change the fact that the fund still outperformed the benchmark over the same period.
The longer-term picture is more balanced. Its 3-year and 5-year returns are below the peers with available multi-year data, but the gap is not extreme. The short-term comparison therefore looks softer than the longer-term comparison, which suggests this fund has kept pace reasonably well without leading the peer group on return delivery.
Source data date: as of 09 Sep 2026
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Portfolio: where your money goes
| Holding | Sector | Weight |
|---|---|---|
| CLEARING CORPORATION OF INDIA LTD. | Cash & Cash Equivalents and Net Assets | 5.57% |
| ICICI BANK LTD. | Bank | 4.91% |
| RELIANCE INDUSTRIES LTD. | Crude Oil | 3.74% |
| HDFC BANK LTD. | Bank | 3.12% |
| LARSEN & TOUBRO LTD. | Infrastructure | 3.07% |
| TVS MOTOR COMPANY LTD. | Automobile & Ancillaries | 2.82% |
| INFOSYS LTD. | IT | 2.42% |
| STATE BANK OF INDIA | Bank | 2.42% |
| NET RECEIVABLES/(PAYABLES) | Cash & Cash Equivalents and Net Assets | 2.31% |
| BHARTI AIRTEL LTD. | Telecom | 1.87% |
The largest single holding is Clearing Corporation of India Ltd. at 5.57%, which is meaningful but not dominant. The next few positions are also fairly close in size, so the fund does not rely on one oversized stock to drive outcomes.
Weight then tapers gradually to the tenth holding at 1.87%. That kind of spread suggests a diversified core within the visible holdings, with banks, infrastructure, technology, telecom and consumer-linked names all represented alongside cash and net assets.
These ten holdings account for approximately 32.25% of the portfolio, and the full holding set runs to 68 positions. That combination points to a portfolio that may have influence from a compact front end, while still leaving a long tail of smaller positions to shape the overall profile.
To see all holdings, visit the Edelweiss Balanced Advantage Fund Direct Growth Plan page
Source data date: as of 09 Sep 2026
Who should invest
This fund may suit investors with a moderate-to-high risk tolerance who can stay invested through uneven periods. The High Risk tag matters here because the fund has shown short-term swings even though its longer-term numbers remain constructive versus the benchmark.
A multi-year horizon makes more sense than a short trading-style view. The 3-year and 5-year returns suggest that patience has been rewarded better than reacting to the latest month, and the portfolio’s mix of cash, banks and large businesses may help temper extremes without removing equity risk.
The main trade-off is that the structure can soften some market moves, but it does not eliminate volatility or guarantee smoother returns than peers. Investors need to accept periods of lag or consolidation in exchange for a strategy that aims to balance participation and defence.
Tax and exit load
| Holding period | Tax rate | Description |
|---|---|---|
| Units held less than 1 year | 20% | Short-term capital gains tax |
| Units held more than 1 year | 12.5% | Long-term capital gains tax |
Exit load: Nil upto 10% of units and 1% for remaining units on or before 90D, Nil after 90D.
Source data date: as of 09 Sep 2026
Frequently asked questions
What is the current NAV of Edelweiss Balanced Advantage Fund Direct Growth Plan?
The current NAV is ₹61.2 as of 09 Sep 2026.
What are the fund’s 1-year, 3-year and 5-year returns?
The 1-year return is 6.18%, the 3-year return is 10.63% and the 5-year return is 9.58%.
How does it compare with the benchmark?
It has outperformed the Nifty 50 over 1 year, 3 years and 5 years. The benchmark’s 1-year return is -7.16%, while the fund stayed positive.
How does it compare with peer funds on available return data?
Its recent and longer-term returns are below the stronger peer figures shown here, although it still compares well against the benchmark. The gap is clearer on the 1-year figure than on the multi-year numbers.
Is there a minimum SIP amount?
Yes. The minimum SIP amount is ₹100.
What are the fund’s risk profile, managers and exit load?
The fund is classified as High Risk and is managed by Bhavesh Jain, Bharat Lahoti, Rahul Dedhia and Kedar Karnik. The exit load is nil for up to 10% of units and 1% for remaining units on or before 90 days, and nil after 90 days.
Bottom line
Edelweiss Balanced Advantage Fund Direct Growth Plan has a more uneven recent stretch than its longer-term record, but the broader 3-year and 5-year picture remains constructive. It also stays ahead of the benchmark across all displayed periods, even if some peer funds show stronger return figures. The portfolio’s visible mix of cash and large, established businesses may help support its balanced-advantage role. For investors who can accept High Risk exposure and prefer a multi-year lens, it is a reasonable candidate to study further.
Published on 10 September 2026 at 4:35 PM IST
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RIA disclosure
Mutual fund investments are subject to market risks. Read all scheme-related documents carefully before investing. This review is prepared by Uniapps Investment Adviser Pvt. Ltd. (earlier known as Uniapps Global Research Pvt. Ltd.) under SEBI Registered Investment Adviser registration INA000017639 for general informational purposes and is not personalized investment advice.