📊 Balanced Advantage Fund · Deep Analysis

Edelweiss Balanced Advantage FundOption

Edelweiss Mutual Fund · Direct Growth · SEBI Category: Balanced Advantage

Current NAV ₹58.8100 (+0.12% today) As of 04 Jun 2026
1 Year Return +3.5%
3 Year CAGR +11.7% p.a.
5 Year CAGR +10.6% p.a.
AAUM ₹12.5K Cr Jan–Mar 2026
All data from RightAdvise DB — calculated from 2,567 daily NAV records
Fund Overview

Edelweiss Balanced Advantage FundOption — Quick Summary

Edelweiss Balanced Advantage Fund distinguishes itself through its proprietary EEHI (Edelweiss Equity Hybrid Index) allocation model, which targets absolute returns with a focus on limiting downside. The fund aims to deliver equity-like returns over the long term while protecting against steep drawdowns during market corrections. Unlike many BAFs that use P/E or P/B ratios alone, Edelweiss uses a composite model incorporating multiple valuation and momentum signals.

The fund maintains one of the highest equity allocations in the BAF category — often above 70 to 80% — which reflects its conviction-driven approach. This higher equity tilt has contributed to competitive long-term returns, though it also means the fund may experience slightly more volatility than more conservative BAFs. With an AAUM of approximately Rs.12,000 crore, it is a mid-sized fund in the category.

Fund House
Edelweiss Mutual Fund
SEBI Category
Balanced Advantage
Benchmark
NIFTY 50 Hybrid Composite Debt 50:50 Index
Fund Manager
Bhavesh Jain, Bharat Lahoti
AMFI Code
118615
Risk Level
Very High
NAV Records in DB
2,567 days
Quarterly Average AUM · Jan–Mar 2026
₹12.5K Cr
↓ Decreased by 2.0% vs Oct–Dec 2025 · ₹12.7K Cr
Official quarterly average AUM from AMFI disclosure. Published every 3 months.
📊
✓ Suitable For
Best suited for investors comfortable with moderate volatility who want higher equity participation than typical BAFs provide. A 5+ year horizon is recommended to capture the full benefit of the fund's allocation model across market cycles.
Edelweiss Balanced Advantage Fund is suitable for investors who want a BAF with a higher equity tilt and an absolute return focus. Its proprietary EEHI model provides a differentiated approach compared to peers. The fund has delivered competitive returns with lower volatility than pure equity funds.
✗ Not Suitable For
Aggressive equity investors — this fund reduces equity in rising markets and caps upside participation. Those wanting pure mid or small cap exposure — Edelweiss BAF stays primarily in large caps for the equity sleeve. Investors seeking the lowest possible expense ratio — larger index funds or passive BAFs will be cheaper.
Who Runs This Fund

Fund Manager

BJ
Bhavesh Jain, Bharat Lahoti
Edelweiss Mutual Fund · Managing since 2017

Bhavesh Jain is Head of Equity at Edelweiss Mutual Fund and manages the equity sleeve of this scheme using a systematic, model-driven approach. Bharat Lahoti manages the fixed income component with a focus on credit quality and capital preservation. Together they run a quantitatively disciplined allocation framework that adjusts equity and debt exposure based on market valuations.

For current co-manager details and full biography, refer to the latest Edelweiss Mutual Fund factsheet on AMFI or the AMC website.

What to Factor In

Things to Consider

Informational points to help you form your own view — not judgements or recommendations.

AMFI Code · Informational
AMFI Scheme Code: 118615
The official AMFI scheme code for Edelweiss Balanced Advantage FundOption Direct Growth is 118615. Use this when transacting on platforms or verifying data across databases.
Important Note
Points Worth Knowing
Edelweiss Mutual Fund is a relatively smaller fund house compared to top-5 AMCs. Smaller AUM can be an advantage for agility but also means less negotiating power with brokers. Always compare the current expense ratio with peers before investing. The fund maintains gross equity above 65% for equity taxation — check current unhedged equity for actual market risk.
Investment Objective
As per Scheme Information Document
The investment objective of the scheme is to generate long term capital appreciation and current income from a portfolio that is invested in equity and equity related securities as well as in fixed income securities.
All Data Below — From RightAdvise Database
Category Comparison

Top 5 Balanced Advantage Funds Compared

Live data. Current fund highlighted. Click any fund name for full analysis.

FundNAVAAUM1Y Return 3Y CAGR 5Y CAGR Sharpe (3Y)
HDFC Balanced Advantage Fund ₹550.20 ₹74.0K Cr Jan–Mar 2026 -1.2% +14.8% p.a. +15.4% p.a. 0.93
ICICI Prudential Balanced Advantage Fund ₹84.33 ₹68.5K Cr Jan–Mar 2026 +4.1% +12.0% p.a. +11.1% p.a. 0.93
Edelweiss Balanced Advantage Fund ▲ ₹58.81 ₹12.5K Cr Jan–Mar 2026 +3.5% +11.7% p.a. +10.6% p.a. 0.67
Nippon India Balanced Advantage Fund ₹202.08 ₹9.3K Cr Jan–Mar 2026 +2.6% +11.8% p.a. +10.6% p.a. 0.81
Kotak Balanced Advantage Fund ₹22.33 ₹17.2K Cr Jan–Mar 2026 +1.2% +10.4% p.a. +9.8% p.a. 0.62
Best value in each column shown in green. AAUM from latest AMFI quarterly filing. Returns calculated from daily NAV history.
Performance

Fund Returns

Calculated from 2,567 daily NAV records in RightAdvise DB. Last calculated: Jun 2026.

1M / 3M / 6M / 1Y — simple point-to-point return  ·  3Y / 5Y / 10Y — CAGR (compounded annual growth rate)

1 MonthPoint-to-point
-0.3%
3 MonthPoint-to-point
-0.4%
6 MonthPoint-to-point
-1.9%
1 YearPoint-to-point
+3.5%
3 YearCAGR
+11.7% p.a.
5 YearCAGR
+10.6% p.a.
10 YearCAGR
+12.1% p.a.
₹1 Lakh → 5YLump sum growth
₹164,366

Best & Worst Periods Ever

Based on all rolling windows in full NAV history. Dates show the start and end of each period.

Best 1Y WindowSimple return
+51.1%
Mar 2020 – Mar 2021
Worst 1Y WindowSimple return
-6.6%
Mar 2019 – Mar 2020
Best 3Y CAGRCAGR p.a.
+21.6% p.a.
Mar 2020 – Apr 2023
Worst 3Y CAGRCAGR p.a.
+3.9% p.a.
Feb 2017 – Mar 2020

Calendar Year Returns

Jan 1 to Dec 31 each year. Simple point-to-point — not CAGR.

2025
+8.3%
2024
+14.4%
2023
+20.3%
2022
+3.5%
2021
+20.4%
2020
+24.5%
2019
+9.4%
2018
+3.0%
2017
+24.9%
Consistency Analysis

Rolling Returns ℹ️ What is this?

Rolling returns show performance across every possible investment start date — not one cherry-picked number. Learn more →

1Y Rolling Avg
13.7%
Positive in 97% of windows
Best: 51.1% · Worst: -6.6%
3Y Rolling Avg
13.7% p.a.
Positive in 100% of windows
Best: 21.6% · Worst: 3.9%
5Y Rolling Avg
14.6% p.a.
Positive in 100% of windows
Best: 20.0% · Worst: 10.0%
1-Year Rolling Returns Each bar = 1Y return starting from that date
Risk Analysis

Maximum Drawdown ℹ️ What is this?

How much the fund fell from its peak NAV — what investors actually experience during crashes. Calculated from full NAV history.

Max Drawdown Ever
-16.2%
Feb 2020 → Mar 2020
Recovered: Jul 2020 (5 mos)
Current from Peak
-3.1%
All-time Peak: ₹60.76
Peak date: Jan 2026

How the fund behaved in key crisis periods

Calculated from actual NAV data. "Pre-inception" means the fund didn't exist during that period.

2024–25 Tariff / Correction
-11.1%
Sep 27, 2024 – Apr 7, 2025
Recovered: Oct 2025 (11 mos)
COVID-19 Crash
-16.0%
Feb 19 – Mar 23, 2020
Recovered: Jul 2020 (5 mos)
2022 Rate Hike Cycle
-9.6%
Jan 17 – Jun 17, 2022
Recovered: Aug 2022 (3 mos)
2018 IL&FS Crisis
-9.9%
Aug 28 – Oct 26, 2018
Recovered: May 2019 (10 mos)
Risk Metrics

Risk Ratios

Calculated from 3 years of daily NAV — industry standard. Risk-free rate: 6.5% p.a. Last updated: Jun 2026. What do these mean? →

Sharpe Ratio (3Y)
0.67
Return per unit of total risk. >1 is good. Learn more →
Sortino Ratio (3Y)
0.93
Like Sharpe but only penalises downside volatility. Learn more →
Std Deviation (3Y)
9.0%
Annualised monthly volatility. Lower = more consistent returns. Learn more →
📊
Want to see what Edelweiss Balanced Advantage FundOption is actually holding?

Our portfolio holdings page shows every stock the fund owns, sector allocation, and month-over-month changes — from official AMC disclosures.

Full current portfolio — all stocks, weights, sectors
New entries and exits over the last 3 months
Sector allocation and month-over-month changes
Updated monthly from official AMC disclosures
See Portfolio Holdings →
← Compare all Balanced Advantage Funds

See how Edelweiss Balanced Advantage FundOption ranks against other Balanced Advantage funds on returns, drawdown, Sharpe ratio and AAUM — side by side.

Learn the Metrics
📖 Deep Dive
CAGR, Sharpe, Sortino & Std Dev
What these numbers mean and how to use them
📖 Deep Dive
Drawdown & Rolling Returns
Why these reveal more than any CAGR figure
⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.
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⚠️ RightAdvise.com is NOT registered with SEBI. All content is for educational purposes only. Mutual Fund investments are subject to market risks. Please read all scheme-related documents carefully and consult a SEBI-registered advisor before investing.