Edelweiss Banking and PSU Debt Fund Direct Dividend-0.01%

14.30%
1 Year Return
Debt
Banking & PSU
3.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Banking and PSU Debt Fund Direct Dividend

RiskModerate
Min SIP Amount₹500
Expense Ratio0.20%
NAV18.77 (29 Oct 2020)
Fund Started13 Sep 2013
Fund Size374 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Banking and PSU Debt Fund Direct Dividend
14.3%
10.6%
9.4%
9.7%
Category Average
10.0%
8.4%
8.4%
-
Rank within category
1
1
1
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    0
    with 14.3% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.2%
    2. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

    Top Holdings

    NameSectorInstrument% Assets
    National Thermal Power Corp. Ltd.EnergyDebenture8.8%
    Indian Railway Finance Corpn. Ltd.FinancialNCD8.4%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture7.4%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture7.3%
    Power Finance Corpn. Ltd.FinancialBonds/NCD5.9%
    National Highways Authority of India Ltd.ServicesNCD5.6%
    Food Corporation of IndiaFMCGDebenture5.6%
    GOISovereignGOI Sec5.5%
    REC Ltd.FinancialNCD4.4%
    Export-Import Bank Of IndiaFinancialBonds3.1%
    See All

    Fund Managers

    addDhawal Dalal
    Education
    Mr. Dalal is a B.E and MBA.
    Experience
    Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
    Funds Managed
    addGautam Kaul
    Education
    Mr. Kaul is a B.Com (H) and MBA (Finance).
    Experience
    Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
    Funds Managed

    Edelweiss Banking and PSU Debt Fund Direct Dividend Details

    Edelweiss Banking and PSU Debt Fund Direct Dividend is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 13 Sep 2013. Dhawal Dalal, Gautam Kaul is the Current Fund Manager of Edelweiss Banking and PSU Debt Fund Direct Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹374 Cr and the Latest NAV as of 29 Oct 2020 is ₹18.77.

    The Edelweiss Banking and PSU Debt Fund Direct Dividend is rated Moderate risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.

    Investment Objective

    The Scheme seeks to generate income by investing predominantly in a portfolio of Debt Securities and Money Market Instruments issued by banks, PSUs, Public Financial Institutions, entities major owned by Central and State Governments and Municipal Bonds.

    Tax Implications

    Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

    Scheme Information Document(SID)

    ₹5000
    Min for First Investment
    ₹500
    Min for Second Investment
    Nil
    Exit Load

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    About Edelweiss Mutual Fund

    Address
    Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
    Phone
    +91 22 40979900
    Launch Date
    30 Apr 2008
    Edelweiss Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    KFin Tech
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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