Edelweiss Multi Asset Allocation Fund
Edelweiss Mutual Fund·Multi Asset Allocation·vs Nifty 200 TRI
The fund maintains a deeply defensive posture with over 55% in debt and roughly 12% in cash, signaling caution about equity valuations despite a modest 21% equity allocation. Recent portfolio shuffles—exiting cyclicals like Vedanta and Hindalco while adding telecom infrastructure and financial NCDs—reinforce a shift toward stable, income-generating assets and government-backed securities. The manager's conviction lies in capital preservation through AAA-rated instruments and precious metals hedges rather than growth participation.
Portfolio analysis · April 2026
NAV & Returns
| Plan | NAV | 1M | 3M | 6M | 1Y | 3Y CAGR | 5Y CAGR |
|---|---|---|---|---|---|---|---|
| Direct Growth | ₹12.3256 | — | — | — | — | — | — |
| Regular Growth | ₹12.2113 | +0.07% | +0.78% | +2.46% | +5.36% | — | — |
| Direct IDCW | ₹12.3256 | — | — | — | — | — | — |
| Regular IDCW | ₹12.2113 | — | — | — | — | — | — |
Returns above 1Y are CAGR. Direct plan rows highlighted. NAV from AMFI.
Portfolio Metrics(latest month)
Holdings
84
Top 5 Weight
26.91%
Top 10 Weight
41.03%
Active Share
—
Large Cap
12.70%
Gini
0.588
What Changed2026-03-31 → 2026-04-30
Holdings: 86 → 85+3 added−4 removed13 weight shifts ≥ 0.1%
| Stock | Weight |
|---|---|
| Indus Towers Ltd. | 0.06% |
| 7.83% KOTAK MAH PRIME NCD RED 13-07-28** | 0.96% |
| 7.3763% BAJAJ FIN LTD OPT III R 26-06-28 | 0.96% |
Full Holdings
| # | Holding | % to NAV |
|---|---|---|
| 1 | Gold IDIA00500001 | 8.25% |
| 2 | SILVER-05May2026-MCX | 6.97%(der) |
| 3 | Net Receivables/(Payables) | 6.94% |
| 4 | 7.51% SIDBI SR V NCD RED 12-06-2028** INE556F08KU4 | 5.77% |
| 5 | HDFC Bank Ltd. INE040A01034 | 5.19% |
| 6 | 7.62% NABARD NCD SR 24H RED 10-05-2029** INE261F08EH1 | 3.85% |
| 7 | Steel Authority of India Ltd. INE114A01011 | 3.85% |
| 8 | 8.3333%HDB FIN SR 213 A1 NCD 06-08-27** INE756I07FA8 | 2.91% |
| 9 | 7.53% NABARD NCD SR 25E RED 24-03-28 INE261F08EM1 | 2.89% |
| 10 | 7.1104% ADITYA BIRLA HSG SR D1 R30-07-27** INE831R07607 | 2.88% |
| 11 | Clearing Corporation of India Ltd. | 2.79% |
| 12 | Vodafone Idea Ltd. INE669E01016 | 2.65% |
| 13 | 7.38% GOVT OF INDIA RED 20-06-2027 IN0020220037 | 2.55% |
| 14 | Accrued Interest | 2.14% |
| 15 | Silver IDIA00500002 | 2.09% |
| 16 | 7.26% GOVT OF INDIA RED 06-02-2033 IN0020220151 | 1.96% |
| 17 | 8.20% ADITYA BIRLA HSG SR L1 R19-05-2027** INE831R07441 | 1.94% |
| 18 | 7.75% TATA CAP HSG FIN SR A 18-05-2027** INE033L07HQ8 | 1.93% |
| 19 | 7.48% NABARD NCD SR 25G RED 15-09-2028 INE261F08EO7 | 1.92% |
| 20 | 7.35%BHARTI TELECO SRXXV 15-10-27** INE403D08272 | 1.91% |
Sector Allocation
CRISIL AAA39.2%
ICRA AAA7.7%
SOVEREIGN7.3%
Banks6.7%
Ferrous Metals4.2%
Telecom - Services3.8%
Petroleum Products1.6%
Cement & Cement Products1.1%
Aerospace & Defense1.0%
ICRA A1+0.7%
Top 10 sectors by % to NAV. Excludes derivatives.