Fund Details
Edelweiss Banking and PSU Debt Fund Direct IDCW
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.32% |
| NAV | ₹18.86 (12 May 2021) |
|---|---|
| Fund Started | 13 Sep 2013 |
| Fund Size | ₹469 Cr |
Returns
Comparison
1. Lower expense ratio - 0.32%
2. 1Y Returns are higher than the category average returns
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.8% |
| Housing & Urban Development Corpn. Ltd. | Financial | Debenture | 8.3% |
| Indian Railway Finance Corpn. Ltd. | Financial | NCD | 7.9% |
| National Thermal Power Corp. Ltd. | Energy | Debenture | 7.1% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 7.1% |
| REC Ltd. | Financial | NCD | 6.8% |
| Indian Oil Corpn. Ltd. | Energy | Debenture | 6.8% |
| Food Corporation of India | FMCG | Debenture | 5.4% |
| Power Finance Corpn. Ltd. | Financial | Bonds/NCD | 4.8% |
| Hindustan Petroleum Corpn. Ltd. | Energy | Debenture | 4.4% |
Fund Managers
Edelweiss Banking and PSU Debt Fund Direct IDCW Details
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 13 Sep 2013. 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 ₹469 Cr and the Latest NAV as of 12 May 2021 is ₹18.86.
The Edelweiss Banking and PSU Debt Fund Direct IDCW 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.
