Fund Details
Edelweiss Banking and PSU Debt Fund Direct Dividend
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.28% |
| NAV | ₹18.90 (15 Jan 2021) |
|---|---|
| Fund Started | 13 Sep 2013 |
| Fund Size | ₹490 Cr |
Returns
Comparison
1. Lower expense ratio - 0.2%
2. Exit load is zero
3. 1Y Returns are higher than the category average returns
4. 3Y Returns are higher than the category average returns
5. 5Y Returns are higher than the category average returns
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Indian Railway Finance Corpn. Ltd. | Financial | NCD | 8.1% |
| National Thermal Power Corp. Ltd. | Energy | Debenture | 7.3% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 7.0% |
| REC Ltd. | Financial | NCD | 6.1% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 6.1% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.1% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 4.9% |
| National Highways Authority of India Ltd. | Services | NCD | 4.7% |
| Food Corporation of India | FMCG | Debenture | 4.6% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 4.5% |
Fund Managers
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 ₹490 Cr and the Latest NAV as of 15 Jan 2021 is ₹18.90.
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.
