Edelweiss Banking and PSU Debt Fund Regular Dividend+0.21%

4Groww
12.10%
1 Year Return
Debt
Banking & PSU
4.0 star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Banking and PSU Debt Fund Regular Dividend

RiskModerate
Min SIP Amount₹1000
Expense Ratio0.55%
NAV16.3 (20 Aug 2019)
Fund Started13 Sep 2013
Fund Size103 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Banking and PSU Debt Fund Regular Dividend
12.1%
8.0%
8.4%
8.6%
Category Average
10.0%
7.6%
8.3%
-
Rank within category
1
3
4
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    For how many years?
    1 Year
    3 Years
    5 Years
    Estimated Value
    as per Historical Returns
    30
    with 12.1% annual returns

    Comparison

    Data not available
    Pros
    1. 1Y Returns are higher than the benchmark
    2. 3Y Returns are higher than the benchmark
    3. 5Y Returns are higher than the benchmark
    4. Exit load is zero
    Cons
    1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
    2. Risk is higher compared to the benchmark

    Top Holdings

    NameSectorInstrument% Assets
    Housing Development Finance Corpn. Ltd.FinancialDebenture9.1%
    Housing & Urban Development Corpn. Ltd.FinancialDebenture9.1%
    LIC Housing Finance Ltd.FinancialDebenture8.6%
    NHPC Ltd.EnergyDebenture8.6%
    Food Corporation of IndiaFMCGDebenture8.4%
    REC Ltd.FinancialNCD8.4%
    National Bank For Agriculture & Rural DevelopmentFinancialDebenture8.2%
    National Highways Authority of India Ltd.ServicesDebenture7.2%
    Indian Railway Finance Corpn. Ltd.FinancialDebenture6.2%
    Power Finance Corpn. Ltd.FinancialBonds/NCD6.0%
    See All

    Fund Managers

    addDhawal Dalal
    Education
    Mr. Dalal is a B.E and MBA.
    Experience
    Prior to joining Edelweiss AMC he has worked with DSPBR Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
    Funds Managed
    addGautam Kaul
    Education
    Mr. Kaul is a B.Com (H) and MBA (Finance).
    Experience
    Prior to joining Edelweiss AMC he has worked with Religare Invesco AMC, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
    Funds Managed

    Other Details

    Edelweiss Banking and PSU Debt Fund Regular Dividend is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was introduced to investors on 13 Sep 2013. Dhawal Dalal, Gautam Kaul is the Current Fund Manager of Edelweiss Banking and PSU Debt Fund Regular Dividend.The fund currently has an Asset Under Management(AUM) of ₹103 Cr and the Latest NAV as of 20 Aug 2019 is ₹16.3.

    The Edelweiss Banking and PSU Debt Fund Regular Dividend is rated Moderate risk. Minimum SIP Investment is 1000. Minimum Lumpsum Investment is 5000. Nil.

    Investment Objective

    The investment objective of the Scheme is to seek to generate income by investing predominantly in a portfolio of Debt Securities and Money Market Instruments issued by banks and PSUs.However, there can be no assurance that the investment objective of the Scheme will be realized or that income will be generated.

    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
    29 Apr 2008
    Edelweiss Mutual Fund
    Asset Management Company
    Custodian
    Standard Chartered Bank
    Registrar & Transfer Agent
    Karvy
    Address
    Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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    Mutual fund investments are subject to market risks. Please read the scheme information and other related documents carefully before investing.
    Past performance is not indicative of future returns. Please consider your specific investment requirements, risk tolerance, investment goal, time frame, risk and reward balance and the cost associated with the investment before choosing a fund, or designing a portfolio that suits your needs.
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