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NAV as of ( Sep 09, 2022 )
₹ 20.79 -0.1 % 1-D Change
You get upto 0.35% extra returns
ET Money Rank
Out of 16
Generated returns consistently
Increased returns for each unit of additional risk
Controlled losses during market corrections
Delivered returns without frequent ups and downs
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|ET Money Rank||15 Out of 16|
|Expense ratio||0.28% As on Jul 31, 2022|
|AUM (Fund Size)||₹ 379 Crs|
|Age||9 yrs Since Aug 26, 2013|
|Benchmark||NIFTY Banking and PSU Debt TRI|
SIP ₹ 300 &
Lumpsum ₹ 5000
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Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.
Bifurcation by Holding is not available for this fund
Large Cap 0%
Mid Cap 0%
Small Cap 0%
Other Cap 0%
Bifurcation by Sector is not available for this fund
Housing & Urban Development Corpn. Ltd. 8.39%
National Bank For Agriculture & Rural Development 8.33%
Indian Oil Corpn. Ltd. 7.96%
Cash & Call Money 6.65%
Non Convertible Debenture 17.27%
GOI Securities 9.01%
|Fund name||Annual Return %||Consistency||Value Research Rating|
|Edelweiss Banking and PSU Debt Fund||7.94%|
|IDFC Banking & PSU Debt Fund||7.39%|
|Axis Banking & PSU Debt Fund||7.3%|
|Kotak Banking and PSU Debt Fund||7.27%|
|Nippon India Banking & PSU Debt Fund||7.18%|
|Franklin India Banking & PSU Debt Fund||7.13%|
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|Period||Trailing returns||Category average||Rank within category|
|1 month||1.3%||0.57%||1 / 18|
|3 months||4.06%||2.03%||1 / 18|
|6 months||1.62%||1.8%||8 / 18|
|1 year||2.95%||3.17%||10 / 18|
|3 years||7.52%||6.35%||1 / 16|
|5 years||7.94%||6.89%||1 / 16|
Level of Risk in the Scheme
Investors understand that their principal will be at Moderate risk
DEBT BANKING AND PSU
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.
Mr. Dalal is a B.E and MBA.
Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
Mr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.
Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
As on Jun 30, 2022
The Edelweiss Banking and PSU Debt Fund is a 9 yrs old fund and has delivered average annual returns of 8.47% since inception.
NAV or Net Asset Value is the per-unit price of the Mutual Fund. The NAV of a Mutual Fund changes every day. It is calculated by taking the current value of the holdings of the fund at end of the day, subtracting the expenses, and dividing the value by the number of units issued to date.
The NAV of Edelweiss Banking and PSU Debt Fund for Sep 09, 2022 is 20.79 .
Edelweiss Banking and PSU Debt Fund has an ET Money Rank of # 15 of 16 and a consistency rating of 2 .
This indicates the fund has not generated great returns and even those are not very consistent. You might want to look at other funds in its category.
On ET Money, Investing in Edelweiss Banking and PSU Debt Fund is fast, easy, and 100% paperless. And it takes only minutes. Here is what you need to do -
The Expense Ratio of a Mutual Fund is the annual charges you pay to the Mutual Fund company for managing your investments in that fund. The Expense Ratio is a percentage of Assets Under Management (AUM) and is taken from the returns generated by the fund. For this reason, a fund with a lower expense ratio is always better because a smaller part of the returns will be taken and that means more returns for you.
The Expense Ratio of the direct plan of Edelweiss Banking and PSU Debt Fund is 0.28%. .
Redeeming your investments in Edelweiss Banking and PSU Debt Fund is super easy. If you have invested in this fund via ET Money, just login into the app, go to the investment section and put the redemption request.
If you have invested in Edelweiss Banking and PSU Debt Fund from anywhere else, you can go to the fund house website and put a request through it.
AUM or Asset Under Management is the total value of the assets held by a Mutual Fund scheme. For instance, for an equity Mutual Fund, the AUM will be the total value of its portfolio's equity shares (plus any other asset it might have invested in). The AUM of the fund changes every day because the price of the underlying asset fluctuates daily. However, the Mutual Fund company doesn't update it every day. It is updated only at the end of the month and released within few days of the next month.
The AUM of the fund is a good indicator of its popularity. A fund with a high AUM means a lot of money has been invested in it, and investors like it. However, the AUM should never be the primary criteria while selecting a fund. There are funds with huge AUMs that continue to perform well despite their size.
The AUM of Edelweiss Banking and PSU Debt Fund is ₹379 Crs.
The credit rating of the instruments in which the fund invests represents the quality of the borrower.
The Edelweiss Banking and PSU Debt Fund allocation by credit quality is given below
|Credit Quality||Percentage of Portfolio|
|Cash & Call Money||6.65%|
The top 3 debt holdings of Edelweiss Banking and PSU Debt Fund are as follows
|Holding Name||Percentage of Portfolio|
|Housing & Urban Development Corpn. Ltd.||8.39%|
|National Bank For Agriculture & Rural Development||8.33%|