Fund Details
Edelweiss Banking and PSU Debt Fund Direct Growth
| Risk | Moderate |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.33% |
| NAV | ₹19.84 (23 Jul 2021) |
|---|---|
| Fund Started | 13 Sep 2013 |
| Fund Size | ₹496 Cr |
Returns
Comparison
1. Lower expense ratio - 0.33%
2. 3Y Returns are higher than the category average returns
3. 5Y Returns are higher than the category average returns
4. Exit load is zero
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 7.7% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 7.3% |
| GOI | Sovereign | GOI Sec | 7.1% |
| NTPC Ltd. | Energy | Debenture | 6.6% |
| National Bank For Agriculture & Rural Development | Financial | Debenture | 6.6% |
| REC Ltd. | Financial | NCD | 6.4% |
| Indian Oil Corporation Ltd. | Energy | Debenture | 6.3% |
| Food Corporation of India | FMCG | Debenture | 5.0% |
| Power Finance Corporation Ltd. | Financial | Bonds/NCD | 4.5% |
| Power Finance Corporation Ltd. | Financial | Debenture | 4.2% |
Fund Managers
Edelweiss Banking and PSU Debt Fund Direct Growth Details
Edelweiss Banking and PSU Debt Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹496 Cr and the Latest NAV as of 23 Jul 2021 is ₹19.84.
The Edelweiss Banking and PSU Debt Fund Direct Growth 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.
