MonitorDirect · GrowthWatch before adding
Edelweiss Multi Asset Allocation Fund
Edelweiss Mutual FundHybrid Scheme - Multi Asset Allocation3.3 years
The Scheme seeks to provide the investors an opportunity to invest in an actively managed portfolio of multiple asset classes.
- NAV
- 12.7019
- 29 Oct 2026
- 1Y
- +6.1%
- Trailing CAGR
- AUM
- ₹2,953.76 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.9% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 29 Oct 2026
Stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
In three lines
Fits if · Risk-adjusted return sits above the documented risk-free proxy.
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Prefer peers if · Prefer Aditya Birla Sun Life Multi Asset Allocation Fund if you want a same-category peer with stronger evidence.
Buy checklist
History depth
Watch
3.3 years - usable, still building a track record.
Engine status
Watch
Recent evidence is mixed. Compare peers before increasing exposure.
Expense ratio
Pass
0.79% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -1.8%. Ask whether you can hold through a similar fall.
Vs category
Fail
0% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Kedar Karnik · 0.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Watch
Top 10 holdings ≈ 82.2% of the portfolio.
Browse category
Same-category peers are preloaded into compare when available.
Before you buy or SIP
Behaviour and wrappers - the usual India MF failure modes - not a buy instruction.
Drawdown rehearsal
This scheme’s worst fall on file is about 2%. Before you SIP, ask whether you would keep contributing through a similar drop - pausing on fear is the usual India MF failure mode.
SIP discipline
Monitor is recent mixed evidence - keep the SIP unless the buying brief says prefer peers, then swap with intent.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.1%
- 3Y+7.5%
- 5Yn/a
- 10Yn/a
- SI+7.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.1%
- 3Y+6.9%
- 5Yn/a
- 10Yn/a
- Since inception
- +7.4%
- Calendar-day CAGR
- Excess 1Y
- +3.6%
- Category median, same plan and option
- 3Y win rate
- 0%
- Windows beating the median
- 3Y percentile
- 0
- Vs comparable share classes
- SIP 3Y XIRR
- +6.9%
- Simulated monthly SIP
- Worst rolling 3Y
- +7.4%
- 85 daily-ending windows
- Median rolling 3Y
- +7.6%
- Calendar-day CAGR
- Positive rolling 5Y
- n/a
- 0 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -1.8%
- Worst peak-to-trough
- Current
- -0.0%
- Below last peak
- Current spell
- 6 days
- Days below latest peak
- Time below peak
- +54%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 3 days
- 154 recovered episodes
- Longest recovery
- 20 days
- Trough to prior peak
29 Dec 2025 – 2 Feb 2026
Trough 29 Jan 2026 · recovered in 4 days
-1.8%
18 Mar 2026 – 8 Apr 2026
Trough 23 Mar 2026 · recovered in 16 days
-0.5%
5 Aug 2024 – 23 Aug 2024
Trough 6 Aug 2024 · recovered in 17 days
-0.5%
28 Apr 2026 – 1 Jun 2026
Trough 12 May 2026 · recovered in 20 days
-0.4%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
0
Vs category
73
Consistency
6
Risk-adjusted
64
Drawdown
96
Mean
48
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Monitor
Buying stance
Watch before adding
Recent evidence is mixed. Compare peers before increasing exposure.
Why this status
- Three-year return sits below the 25th percentile of comparable share classes.
Supporting reads
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 102 holdings · top 10 are 82.2%.
- Top 5
- 67.4%
- Top 10
- 82.2%
- Largest holding
- 40.7%
- Effective holdings
- 5.1
Cash Margin
Unspecified
40.7%
Silver Commodity
Unspecified
8.6%
Net Receivables
Unspecified
7.8%
SMALL INDUSTRIES DEVELOPMENT BANK OF INDIA SR V 7.51 BD 12JU28 FVRS1LAC
Financial
5.2%
HDFC Bank Ltd
Financial
5.0%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Aditya Birla Sun Life Multi Asset Allocation Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.9%
- 3Y
- +15.4%
- Vol
- 9.8%
- Max DD
- -12.8%
- Sharpe
- 0.93
- 3Y win
- +60%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Kotak Multi Asset Allocation Fund
Kotak Mahindra Mutual Fund
- 1Y
- +4.3%
- 3Y
- +16.2%
- Vol
- 12.3%
- Max DD
- -13.8%
- Sharpe
- 0.79
- 3Y win
- +100%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Nippon India Multi Asset Allocation Fund
Nippon India Mutual Fund
- 1Y
- +3.1%
- 3Y
- +17.9%
- Vol
- 9.5%
- Max DD
- -10.8%
- Sharpe
- 1.09
- 3Y win
- +84%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
SBI MULTI ASSET ALLOCATION FUND
SBI Mutual Fund
- 1Y
- +2.5%
- 3Y
- +13.9%
- Vol
- 6.6%
- Max DD
- -17.6%
- Sharpe
- 0.91
- 3Y win
- +45%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown
Tata Multi Asset Allocation Fund
Tata Mutual Fund
- 1Y
- -1.9%
- 3Y
- +12.2%
- Vol
- 10.5%
- Max DD
- -13.5%
- Sharpe
- 1.00
- 3Y win
- +13%
- Higher win rate vs category
- Lower TER
- Higher trailing returns
Caveat: Higher volatility · Deeper drawdown