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Edelweiss Banking and PSU Debt Fund Direct IDCW Monthly+0.01%

8.41%
1 Year Return
Debt
Banking & PSU
2.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Banking and PSU Debt Fund Direct IDCW Monthly

RiskModerate
Min SIP Amount₹500
Expense Ratio0.32%
NAV₹11.32 (12 May 2021)
Fund Started13 Sep 2013
Fund Size469 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
8.4%
10.7%
9.0%
8.5%
Category Average
8.0%
8.3%
7.9%
-
Rank Within Category
3
1
1
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 8.4% returns per annum

Comparison

Data not available
Pros
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
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low

Top Holdings

NameSectorInstrument% Assets
GOISovereignGOI Sec9.8%
Housing & Urban Development Corpn. Ltd.FinancialDebenture8.3%
Indian Railway Finance Corpn. Ltd.FinancialNCD7.9%
National Thermal Power Corp. Ltd.EnergyDebenture7.1%
National Bank For Agriculture & Rural DevelopmentFinancialDebenture7.1%
REC Ltd.FinancialNCD6.8%
Indian Oil Corpn. Ltd.EnergyDebenture6.8%
Food Corporation of IndiaFMCGDebenture5.4%
Power Finance Corpn. Ltd.FinancialBonds/NCD4.8%
Hindustan Petroleum Corpn. Ltd.EnergyDebenture4.4%
See All

Fund Managers

Dhawal Dalal
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Gautam Kaul
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Edelweiss Banking and PSU Debt Fund Direct IDCW Monthly Details

Edelweiss Banking and PSU Debt Fund Direct IDCW Monthly 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 Monthly fund.The fund currently has an Asset Under Management(AUM) of ₹469 Cr and the Latest NAV as of 12 May 2021 is ₹11.32.

The Edelweiss Banking and PSU Debt Fund Direct IDCW Monthly 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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