How to Invest in Edelweiss Banking and PSU Debt Fund Direct IDCW?

You can easily invest in Edelweiss Banking and PSU Debt Fund Direct IDCW in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps: Log on to your Groww account Search for Edelweiss Banking and PSU Debt Fund Direct IDCW from the search box In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete Once you are done with that, you can start investing in Edelweiss Banking and PSU Debt Fund Direct IDCW as SIP or lumpsum as per your investment objective and risk tolerance

What kind of returns does Edelweiss Banking and PSU Debt Fund Direct IDCW provide?

The Edelweiss Banking and PSU Debt Fund Direct IDCW has been there from 13 Sep 2013 and the average annual returns provided by this fund is 6.43% since its inception.

How much expense ratio is charged by Edelweiss Banking and PSU Debt Fund Direct IDCW?

The term Expense Ratio used for Edelweiss Banking and PSU Debt Fund Direct IDCW or any other mutual fund is the annual charges one needs to pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio of Edelweiss Banking and PSU Debt Fund Direct IDCW is 0.39% as of 01 Dec 2023...

What is the AUM of Edelweiss Banking and PSU Debt Fund Direct IDCW?

The AUM, short for Assets Under Management of Edelweiss Banking and PSU Debt Fund Direct IDCW is ₹327.12Cr as of 01 Dec 2023.

How to Redeem Edelweiss Banking and PSU Debt Fund Direct IDCW?

If you want to sell your Edelweiss Banking and PSU Debt Fund Direct IDCW holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.

Can I invest in SIP and Lump Sum of Edelweiss Banking and PSU Debt Fund Direct IDCW?

You can select either SIP or Lumpsum investment of Edelweiss Banking and PSU Debt Fund Direct IDCW based on your investment objective and risk tolerance.

What is the NAV of Edelweiss Banking and PSU Debt Fund Direct IDCW?

The NAV of Edelweiss Banking and PSU Debt Fund Direct IDCW is ₹18.14 as of 30 Nov 2023.

What is the PE and PB ratio of Edelweiss Banking and PSU Debt Fund Direct IDCW?

The PE ratio ratio of Edelweiss Banking and PSU Debt Fund Direct IDCW is determined by dividing the market price by its earnings per share and the PB ratio of the same is evaluated by dividing the stock price per share by its book value per share (BVPS).

Edelweiss Banking and PSU Debt Fund Direct IDCW - NAV, Mutual Fund Performance & Portfolio

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Edelweiss Banking and PSU Debt Fund Direct IDCW
Debt
Banking and PSU
Moderate Risk
Payout
4.72%
3Y annualised
-0.01% 1D
1M
6M
1Y
3Y
5Y
All
 NAV: 30 Nov 2023₹18.14
Min. SIP amount₹100
Rating2
Fund size₹327.12Cr
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Understand termsAnnualised returnsAverage of the yearly returns of a mutual fund over a given period.
Absolute returnsThe total return of a mutual fund over a given period.
Returns and rankingsCategory: Debt Banking and PSU
Annualised returns
Absolute returns
1Y3Y5YAll
Fund returns6.4%4.7%8.2%8.2%
Category average6.4%4.4%6.7%NA
Rank with in category2191NA
Understand terms
Holdings (21)NameSectorInstrumentAssets
GOI
SovereignGOI Sec16.6%
Housing & Urban Development Corporation Ltd.
FinancialDebenture9.5%
Indian Railway Finance Corporation Ltd.
FinancialNCD9.1%
Indian Oil Corporation Ltd.
EnergyDebenture9.1%
REC Ltd.
FinancialNCD5.9%
Hindustan Petroleum Corporation Ltd.
EnergyDebenture5.9%
Food Corporation of India
Consumer StaplesDebenture5.8%
National Highways Authority of India Ltd.
ServicesDebenture3.9%
Export-Import Bank Of India
FinancialBonds3.2%
NHPC Ltd.
EnergyDebenture3.1%
See All
DisclaimerThis content is derived from publicly available information, internal sources, and other third-party sources believed to be reliable. We, at Nextbillion Technology Pvt. Ltd. (Groww), do not guarantee the accuracy of such information, or assure its completeness, or warrant that such information will not be changed.
All comparisons are done with the category average metrics for this category.
Pros and cons
Category: Debt Banking and PSU
Pros
Cons
Exit load is zero
Low rating: 2
Lower expense ratio: 0.39%
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Consistently higher annualised returns than category average for the past 1Y, 3Y, 5Y and 10Y
Understand termsExpense ratioA fee payable to a mutual fund house for managing your mutual fund investments. It is the total percentage of a company’s fund assets used for administrative, management, advertising, and other expenses.
TaxA percentage of your capital gains payable to the government upon exiting your mutual fund investments. Taxation is categorized as long-term capital gains (LTCG) and short-term capital gains (STCG) depending on your holding period and the type of fund.
Exit loadA fee payable to a mutual fund house for exiting a fund (fully or partially) before the completion of a specified period from the date of investment.
Stamp dutyA form of tax payable for the purchase or sale of an asset or security. 
Past expense ratio & exit load
Expense ratio
Exit load
24 Nov 2023 - Present
0.39%
23 Nov 2023 - 24 Nov 2023
0.39%
22 Nov 2023 - 23 Nov 2023
0.39%
21 Nov 2023 - 22 Nov 2023
0.39%
20 Nov 2023 - 21 Nov 2023
0.39%
17 Nov 2023 - 20 Nov 2023
0.39%
16 Nov 2023 - 17 Nov 2023
0.39%
15 Nov 2023 - 16 Nov 2023
0.39%
10 Nov 2023 - 15 Nov 2023
0.39%
09 Nov 2023 - 10 Nov 2023
0.39%
08 Nov 2023 - 09 Nov 2023
0.39%
07 Nov 2023 - 08 Nov 2023
0.39%
06 Nov 2023 - 07 Nov 2023
0.39%
03 Nov 2023 - 06 Nov 2023
0.39%
02 Nov 2023 - 03 Nov 2023
0.39%
01 Nov 2023 - 02 Nov 2023
0.39%
31 Oct 2023 - 01 Nov 2023
0.39%
30 Oct 2023 - 31 Oct 2023
0.39%
27 Oct 2023 - 30 Oct 2023
0.39%
26 Oct 2023 - 27 Oct 2023
0.39%
25 Oct 2023 - 26 Oct 2023
0.39%
23 Oct 2023 - 25 Oct 2023
0.39%
20 Oct 2023 - 23 Oct 2023
0.39%
19 Oct 2023 - 20 Oct 2023
0.39%
18 Oct 2023 - 19 Oct 2023
0.39%
17 Oct 2023 - 18 Oct 2023
0.39%
16 Oct 2023 - 17 Oct 2023
0.39%
13 Oct 2023 - 16 Oct 2023
0.39%
12 Oct 2023 - 13 Oct 2023
0.39%
11 Oct 2023 - 12 Oct 2023
0.39%
10 Oct 2023 - 11 Oct 2023
0.39%
09 Oct 2023 - 10 Oct 2023
0.39%
06 Oct 2023 - 09 Oct 2023
0.39%
05 Oct 2023 - 06 Oct 2023
0.39%
04 Oct 2023 - 05 Oct 2023
0.39%
03 Oct 2023 - 04 Oct 2023
0.39%
30 Sep 2023 - 03 Oct 2023
0.39%
29 Sep 2023 - 30 Sep 2023
0.39%
27 Sep 2023 - 29 Sep 2023
0.39%
26 Sep 2023 - 27 Sep 2023
0.39%
25 Sep 2023 - 26 Sep 2023
0.39%
22 Sep 2023 - 25 Sep 2023
0.39%
21 Sep 2023 - 22 Sep 2023
0.39%
20 Sep 2023 - 21 Sep 2023
0.39%
18 Sep 2023 - 20 Sep 2023
0.39%
15 Sep 2023 - 18 Sep 2023
0.39%
14 Sep 2023 - 15 Sep 2023
0.39%
13 Sep 2023 - 14 Sep 2023
0.39%
12 Sep 2023 - 13 Sep 2023
0.39%
11 Sep 2023 - 12 Sep 2023
0.39%
08 Sep 2023 - 11 Sep 2023
0.39%
07 Sep 2023 - 08 Sep 2023
0.39%
06 Sep 2023 - 07 Sep 2023
0.39%
05 Sep 2023 - 06 Sep 2023
0.39%
04 Sep 2023 - 05 Sep 2023
0.39%
01 Sep 2023 - 04 Sep 2023
0.39%
31 Aug 2023 - 01 Sep 2023
0.39%
31 Jul 2023 - 31 Aug 2023
0.33%
30 Jun 2023 - 31 Jul 2023
0.33%
31 May 2023 - 30 Jun 2023
0.33%
30 Apr 2023 - 31 May 2023
0.33%
31 Mar 2023 - 30 Apr 2023
0.26%
28 Feb 2023 - 31 Mar 2023
0.26%
31 Jan 2023 - 28 Feb 2023
0.31%
31 Dec 2022 - 31 Jan 2023
0.31%
31 Dec 2022 - 31 Dec 2022
0.31%
31 Dec 2022 - 31 Dec 2022
0.31%
30 Nov 2022 - 31 Dec 2022
0.31%
30 Nov 2022 - 30 Nov 2022
0.31%
30 Nov 2022 - 30 Nov 2022
0.31%
31 Oct 2022 - 30 Nov 2022
0.28%
31 Oct 2022 - 31 Oct 2022
0.28%
31 Oct 2022 - 31 Oct 2022
0.28%
30 Sep 2022 - 31 Oct 2022
0.28%
30 Sep 2022 - 30 Sep 2022
0.28%
30 Sep 2022 - 30 Sep 2022
0.28%
31 Aug 2022 - 30 Sep 2022
0.28%
31 Aug 2022 - 31 Aug 2022
0.28%
31 Jul 2022 - 31 Aug 2022
0.28%
31 Jul 2022 - 31 Jul 2022
0.28%
30 Jun 2022 - 31 Jul 2022
0.28%
30 Jun 2022 - 30 Jun 2022
0.28%
31 May 2022 - 30 Jun 2022
0.34%
31 May 2022 - 31 May 2022
0.34%
30 Apr 2022 - 31 May 2022
0.34%
30 Apr 2022 - 30 Apr 2022
0.34%
31 Mar 2022 - 30 Apr 2022
0.33%
31 Mar 2022 - 31 Mar 2022
0.33%
28 Feb 2022 - 31 Mar 2022
0.33%
28 Feb 2022 - 28 Feb 2022
0.33%
31 Jan 2022 - 28 Feb 2022
0.33%
31 Dec 2021 - 31 Jan 2022
0.33%
30 Nov 2021 - 31 Dec 2021
0.33%
31 Oct 2021 - 30 Nov 2021
0.33%
30 Sep 2021 - 31 Oct 2021
0.33%
31 Aug 2021 - 30 Sep 2021
0.33%
31 Jul 2021 - 31 Aug 2021
0.33%
30 Jun 2021 - 31 Jul 2021
0.33%
31 May 2021 - 30 Jun 2021
0.33%
30 Apr 2021 - 31 May 2021
0.33%
31 Mar 2021 - 30 Apr 2021
0.32%
28 Feb 2021 - 31 Mar 2021
0.32%
31 Jan 2021 - 28 Feb 2021
0.28%
31 Dec 2020 - 31 Jan 2021
0.28%
30 Nov 2020 - 31 Dec 2020
0.20%
31 Oct 2020 - 30 Nov 2020
0.20%
30 Sep 2020 - 31 Oct 2020
0.20%
31 Aug 2020 - 30 Sep 2020
0.20%
31 Jul 2020 - 31 Aug 2020
0.20%
30 Jun 2020 - 31 Jul 2020
0.20%
31 May 2020 - 30 Jun 2020
0.20%
30 Apr 2020 - 31 May 2020
0.20%
31 Mar 2020 - 30 Apr 2020
0.20%
29 Feb 2020 - 31 Mar 2020
0.20%
31 Jan 2020 - 29 Feb 2020
0.20%
31 Dec 2019 - 31 Jan 2020
0.20%
30 Nov 2019 - 31 Dec 2019
0.20%
31 Oct 2019 - 30 Nov 2019
0.20%
30 Sep 2019 - 31 Oct 2019
0.20%
31 Aug 2019 - 30 Sep 2019
0.20%
31 Jul 2019 - 31 Aug 2019
0.20%
30 Jun 2019 - 31 Jul 2019
0.20%
31 May 2019 - 30 Jun 2019
0.37%
30 Apr 2019 - 31 May 2019
0.37%
31 Mar 2019 - 30 Apr 2019
0.37%
28 Feb 2019 - 31 Mar 2019
0.37%
31 Jan 2019 - 28 Feb 2019
0.37%
31 Dec 2018 - 31 Jan 2019
0.37%
30 Nov 2018 - 31 Dec 2018
0.37%
31 Oct 2018 - 30 Nov 2018
0.37%
30 Sep 2018 - 31 Oct 2018
0.25%
31 Aug 2018 - 30 Sep 2018
0.29%
31 Jul 2018 - 31 Aug 2018
0.29%
30 Jun 2018 - 31 Jul 2018
0.29%
31 May 2018 - 30 Jun 2018
0.25%
30 Apr 2018 - 31 May 2018
0.25%
31 Mar 2018 - 30 Apr 2018
0.25%
28 Feb 2018 - 31 Mar 2018
0.25%
31 Jan 2018 - 28 Feb 2018
0.25%
31 Dec 2017 - 31 Jan 2018
0.25%
30 Nov 2017 - 31 Dec 2017
0.25%
31 Oct 2017 - 30 Nov 2017
0.25%
Expense ratio, exit load and taxExpense ratio: 0.39%Inclusive of GST
Exit loadNil
Stamp duty0.005% (from July 1st, 2020)
Tax implicationReturns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amountsMin. for 1st investment₹100
Min. for 2nd investment onwards₹100
Min. for SIP₹100
Fund managementDhawal Dalal
Nov 2016 - Present
View details
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.
Also manages these schemes
Edelweiss Aggressive Hybrid Fund Direct Growth
Edelweiss Arbitrage Fund Direct Growth
Edelweiss Money Market Fund Direct Growth
Edelweiss Short Term Fund Direct Growth
Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Government Securities Fund Direct Growth
Edelweiss Corporate Bond Fund Direct Growth
Edelweiss Equity Savings Fund Direct Growth
BHARAT Bond FOF April 2023 Direct Growth
BHARAT Bond FOF April 2030 Direct Growth
BHARAT Bond FOF April 2025 Direct Growth
BHARAT Bond FOF April 2031 Direct Growth
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct Growth
BHARAT Bond ETF FOF April 2032 Direct Growth
Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth
BHARAT Bond ETF FOF April 2033 Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund Direct Growth
Edelweiss Multi Asset Allocation Fund Direct Growth
Rahul Dedhia
Nov 2021 - Present
View details
Education
Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.
Experience
Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Also manages these schemes
Edelweiss Balanced Advantage Fund Direct Growth
Edelweiss Liquid Direct Growth
Edelweiss Low Duration Super Institutional Direct Plan Growth
Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Government Securities Fund Direct Growth
Edelweiss Fixed Maturity Plan Series 55 Direct Growth
Edelweiss Overnight Fund Direct Growth
BHARAT Bond FOF April 2023 Direct Growth
BHARAT Bond FOF April 2030 Direct Growth
BHARAT Bond FOF April 2025 Direct Growth
BHARAT Bond FOF April 2031 Direct Growth
Edelweiss NIFTY PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth
Edelweiss NIFTY PSU Bond Plus SDL Apr 2027 50:50 Index Direct Growth
BHARAT Bond ETF FOF April 2032 Direct Growth
Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth
BHARAT Bond ETF FOF April 2033 Direct Growth
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund Direct Growth
Fund house & investment objective
Edelweiss Mutual Fund
Rank (total assets)#15 in India
Total AUM₹1,14,015.32Cr
Date of Incorporation30 Apr 2008
 Edelweiss Banking and PSU Debt Fund Direct IDCW is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Apr 2008. Dhawal Dalal, Gautam Kaul is the Current Fund Manager of Edelweiss Banking and PSU Debt Fund Direct IDCW fund. The fund currently has an Asset Under Management(AUM) of ₹1,14,015 Cr and the Latest NAV as of 30 Nov 2023 is ₹18.14.
The Edelweiss Banking and PSU Debt Fund Direct IDCW is rated Moderate risk. Minimum SIP Investment is set to ₹100. Minimum Lumpsum Investment is ₹100.
;
Investment ObjectiveThe 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.
;
Fund benchmarkNIFTY Banking and PSU Debt Index
Scheme Information Document(SID)
Fund house contact details
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Launch Date
30 Apr 2008
E-mail
NA
Website
www.edelweissmf.com
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,
Email
[email protected]
Website
www.karvymfs.com
Compare funds
Edelweiss Banking and PSU Debt Fund Direct IDCW
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	1Y	3Y	5Y	All
Fund returns	6.4%	4.7%	8.2%	8.2%
Category average	6.4%	4.4%	6.7%	NA
Rank with in category	21	9	1	NA

Name	Sector	Instrument	Assets
GOI	Sovereign	GOI Sec	16.6%
Housing & Urban Development Corporation Ltd.	Financial	Debenture	9.5%
Indian Railway Finance Corporation Ltd.	Financial	NCD	9.1%
Indian Oil Corporation Ltd.	Energy	Debenture	9.1%
REC Ltd.	Financial	NCD	5.9%
Hindustan Petroleum Corporation Ltd.	Energy	Debenture	5.9%
Food Corporation of India	Consumer Staples	Debenture	5.8%
National Highways Authority of India Ltd.	Services	Debenture	3.9%
Export-Import Bank Of India	Financial	Bonds	3.2%
NHPC Ltd.	Energy	Debenture	3.1%

Rank (total assets)	#15 in India
Total AUM	₹1,14,015.32Cr

Date of Incorporation	30 Apr 2008

Fund benchmark	NIFTY Banking and PSU Debt Index

Vaishnavi Tech Park, 3rd & 4th Floor
Sarjapur Main Road, Bellandur
Bengaluru – 560103
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Min. for 1st investment	₹100
Min. for 2nd investment onwards	₹100

Rating	2
Fund size	₹327.12Cr

Edelweiss Banking and PSU Debt Fund Direct IDCW

Return calculator

Understand terms

Annualised returns

Absolute returns

Returns and rankings

Holdings (21)

Disclaimer

Pros and cons

Pros

Cons

Understand terms

Expense ratio

Tax

Exit load

Stamp duty

Past expense ratio & exit load

Expense ratio, exit load and tax

Expense ratio: 0.39%

Exit load

Stamp duty

Tax implication

Minimum investment amounts

Fund management

Dhawal DalalNov 2016 - PresentView details

Rahul DedhiaNov 2021 - PresentView details

Fund house & investment objective

Fund house contact details

Compare funds

Dhawal Dalal
Nov 2016 - Present
View details

Rahul Dedhia
Nov 2021 - Present
View details