Edelweiss Multi Asset Allocation Fund
NAV : ₹ 11.158 as of 13 December, 2024
Overview
Fund size
Min SIP
Lumpsum
Launch date
Fund plan
Scheme type
Return Calculator
Over the past
Total Investment of ₹3,00,000
Would have become ₹3,13,832 (+4.41%)
Disclaimer: Past performance is not an indicator of future returns
Equity Holding(s) Distribution
Other Scheme Info
Inclusive of GST
Exit load of 0.1%, if redeemed within 30 days.
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Edelweiss Multi Asset Allocation Fund Managers
Dhawal Dalal
Nov 2022 - Present
Pranavi Kulkarni
Jul 2024 - Present
Bharat Lahoti
Sep 2017 - Present
Bhavesh Jain
Oct 2021 - Present
Ashish Sood
Jun 2023 - Present
Rahul Dedhia
Nov 2022 - Present
List of Edelweiss Mutual Fund’s top performing schemes
Fund House
Edelweiss Mutual Fund
Total AUM: 122991.06Cr
Franklin Templeton Mutual Fund, a subsidiary of Franklin Templeton Investments, a U.S.-based financial services company, commenced its operations in India in 1996 under the name Templeton Asset Management India Pvt. Limited. It received registration from the Securities and Exchange Board of India (SEBI) in February of the same year. The company made its foray into the mutual fund arena with the launch of Templeton India Growth Fund, now known as Templeton India Value Fund in November 1996. As of December 2023, the fund house manages assets averaging Rs. 79 thousand crores.
Learn more about Edelweiss Mutual Fund
Kotak Securities Limited: AMFI-registered Mutual Fund Distributor
FAQ for Edelweiss Multi Asset Allocation Fund
How to start an SIP in Edelweiss Multi Asset Allocation Fund?
To start an SIP in Edelweiss Multi Asset Allocation Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Edelweiss Multi Asset Allocation Fund.
3. On the Edelweiss Multi Asset Allocation Fund details page, tap Invest Now.
4. Enter your investment amount under Monthly SIP, select your SIP date, and choose First Payment Now to complete the payment and initiate your SIP.
This simplified process helps you start your SIP quickly and efficiently.
How to invest in Edelweiss Multi Asset Allocation Fund?
To invest in Edelweiss Multi Asset Allocation Fund:
1. Login to the Kotak NEO App and tap Invest on the bottom navigation bar.
2. Under Other Investments, select Mutual Funds and search for Edelweiss Multi Asset Allocation Fund.
3. Open the scheme details and tap Invest Now.
4. Choose One-time Investment, enter the amount, accept the T&C, and click Proceed.
5. Complete the payment via your bank’s e-banking page.
Your order will be successfully placed upon payment confirmation.
How do I automate an SIP in Edelweiss Multi Asset Allocation Fund?
To automate an SIP in Edelweiss Multi Asset Allocation Fund, use the Auto-Invest feature on Kotak Securities. This allows you to set up automatic investments, SIPs in mutual funds at regular intervals. Once configured, your chosen amount will be invested in the Edelweiss Multi Asset Allocation Fund automatically, ensuring consistent contributions without manual intervention.
How can I withdraw/redeem my investment in Edelweiss Multi Asset Allocation Fund?
To withdraw or redeem your investment in Edelweiss Multi Asset Allocation Fund:
1. Login to the Kotak NEO App and access the Mutual Funds section.
2. Tap Reports on the bottom bar and select Manage SIP.
3. Find the Edelweiss Multi Asset Allocation Fund, tap the three dots, and select Stop SIP.
4. Confirm your action, and your SIP will be successfully stopped.
This streamlined process will help you redeem your investment quickly.
What is the NAV of Edelweiss Multi Asset Allocation Fund
NAV stands for net asset value, where the performance of a mutual fund is derived by its NAV per unit. NAV per unit is the market value of securities in a scheme, divided by the total number of units in the scheme on a given date.
The Net Asset Value of Edelweiss Multi Asset Allocation Fund is ₹11.16
What is the AUM of Edelweiss Multi Asset Allocation Fund?
AUM means ‘asset under management,’ which implies the cumulative sum of the market value of total securities held in a mutual fund scheme. MFs invest in Equities, Bonds & other such instruments. If you add the market value of all the investments made by the mutual fund along with any idle cash that it holds, the final tally is called AUM. It tells you how large or small a mutual fund is.
The AUM of Edelweiss Multi Asset Allocation Fund is ₹1,428.15 Cr.
What is the minimum SIP amount for Edelweiss Multi Asset Allocation Fund?
Every mutual fund scheme has a minimum SIP amount, which one may start with.
The minimum SIP amount of Edelweiss Multi Asset Allocation Fund is ₹100
What is the Expense Ratio of Edelweiss Multi Asset Allocation Fund?
As per SEBI Regulations, mutual funds are permitted to charge certain operating expenses for managing a mutual fund scheme. The total expense ratio is calculated as a percentage of the scheme’s NAV. It's deducted from the total revenue generated by a mutual fund before disbursing it to the investors.
The Expense Ratio of Edelweiss Multi Asset Allocation Fund is 0.71%
What is the Exit load of Edelweiss Multi Asset Allocation Fund?
It’s a fee charged by the mutual fund house if an investor fully or partially exits from an invested scheme within a stated period from the date of investment. The time period for which it applies varies with the type of fund. It's calculated from the date of investment, whether in SIP or lump sum form.
The Exit load of Edelweiss Multi Asset Allocation Fund is Exit load of 0.1%, if redeemed within 30 days..
