Edelweiss Banking and PSU Debt Fund Direct Growth
Debt
Direct
Banking & Psu
NAV as on 21-02-2025
₹ 24.62
▲0.1%
1D
Inception Returns
8.2%
/yr
About Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Banking and PSU Debt Fund Direct Growth is a debt fund. This fund was started on 13 September, 2013. The fund is managed by Dhawal Dalal, Rahul Dedhia. This fund is suitable to keep your money safe.
Key Parameters
- Edelweiss Banking and PSU Debt Fund Direct Growth has ₹270 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.4.
Returns
Edelweiss Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.20% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.13%, 6.31% and 6.78% respectively.
Holdings
Edelweiss Banking and PSU Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 7.18% Govt Stock 2033, Housing And Urban Development Corporation Limited, Indian Railway Finance Corporation Limited, Indian Oil Corporation Limited, Hindustan Petroleum Corporation Limited
Taxation
As it is a banking & psu mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Edelweiss Banking and PSU Debt Fund Direct Growth
The investment objective of the Scheme is to generate returns commensurate with risks of investing in a portfolio of Debt Securities and Money Market Instruments issued by Banks, Public Sector Undertakings, Public Financial Institutions, entities majorly owned by Central and State Governments and Municipal Bonds. However, there can be no assurance that the investment objective of the scheme will be realized.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Banking and PSU Debt Fund Direct Growth has no lock in period.
Historical NAV & Returns
Edelweiss Banking and PSU Debt Fund Direct Growth Overview
| Expense ratio | 0.39% |
Benchmark | CRISIL Short Term Bond Fund TR INR |
| AUM | ₹270 Cr |
| Inception Date | 13 September, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 21.77% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Moderate Risk |
Trailing Returns
as on (21-Feb-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 269.5 Cr as of Jan'25
- AUM decreased by 0.7 Cr between Jan'25 and Dec'24
Top 2 Sectors in January were Government, Corporate
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.18% Govt Stock 2033 | 9.5% | 0% | |
Housing And Urban Development Corporation Limited | 7.72% | 0% | |
Indian Railway Finance Corporation Limited | 7.47% | 0% | |
Indian Oil Corporation Limited | 7.47% | 0% | |
Hindustan Petroleum Corporation Limited | 7.33% | 0% |
Mutual Fund Insights
Edelweiss Banking and PSU Debt Fund Direct Growth Highlights
Moderate Risk
About the fund
AUM size ₹270 Cr
Expense Ratio 0.39%
Frequently Asked Questions for Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Banking and PSU Debt Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.69% | 0.69% |
6 Month Returns | 3.95% | 3.95% |
1 Year Returns | 8.13% | 8.13% |
3 Years Returns | 20.16% | 6.31% |
5 Years Returns | 38.85% | 6.78% |
- Click Buy on the fund name.
- Input the amount you are looking to invest.
- Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
- Select your bank account and proceed with Payment.
AAA | 100 |