Overview
Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Mutual Fund
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.
Investments in Edelweiss Banking and PSU Debt Fund Direct Growth are subject to market risks. Please read the offer document carefully before investing to understand the potential market risks and rewards.
Latest NAV
₹ 25.3124
Fund Size (AUM)
₹263.16 Cr
Risk
Moderate (Risk rating: 3/10)
Minimum Investment
Lumpsum: ₹ 100
SIP: ₹100
Launch Date
13-Sep-2013
Expense Ratio
0.39%
Exit Load
Nil
Benchmark
CRISIL Banking and PSU Debt A-II Index
Standard Deviation
2.17
History
Performance & Ratios
1-Year SIP Return
7.26%
3-Year SIP Return
7.43%
5-Year SIP Return
6.56%
Mean Return
8.19%
Alpha
8.34
Beta
3.82
Sharpe Ratio
0.18
Sortino Ratio
0.22
Information Ratio
1.29
Returns
| 1Y | 3Y | 5Y | All Time | |
|---|---|---|---|---|
| Fund Returns | 10.4% | 7.64% | 7.05% | 8.53% |
| Category Average | 9.28% | 6.98% | 6.39% | N/A |
| Rank Within Category | 1 | 3 | 3 | N/A |
Holdings (21)
| Company | Sector | Instrument | Assets |
|---|---|---|---|
| GOI | Sovereign | GOI Sec | 9.85% |
| Housing & Urban Development Corporation Ltd. | Financial | Debenture | 7.98% |
| Indian Oil Corporation Ltd. | Energy | Debenture | 7.73% |
| Indian Railway Finance Corporation Ltd. | Financial | NCD | 7.7% |
| Hindustan Petroleum Corporation Ltd. | Energy | Debenture | 7.57% |
| Food Corporation of India | Consumer Staples | Debenture | 7.37% |
| REC Ltd. | Financial | NCD | 6.03% |
| National Highways Authority of India Ltd. | Services | Debenture | 5.03% |
| Export-Import Bank Of India | Financial | Bonds | 4.07% |
| National Highways Authority of India Ltd. | Services | Debenture | 3.97% |
Holdings Analysis
Peer Comparison
Peer Comparison
| Fund Name | AUM (₹ Cr) | 1Y Return (%) | 3Y Return (%) | Expense Ratio (%) | Rating |
|---|---|---|---|---|---|
| ICICI Prudential Banking & PSU Debt Direct Growth | 10368.32 | 9.58 | 7.84 | 0.39 | N/A |
| HDFC Banking and PSU Debt Fund Direct Growth | 5995.94 | 9.85 | 7.46 | 0.39 | N/A |
| Aditya Birla Sun Life Banking & PSU Debt Fund Direct Growth | 8588.22 | 9.85 | 7.42 | 0.39 | N/A |
| Bandhan Banking & PSU Debt Fund Direct Growth | 13396.58 | 9.3 | 7.11 | 0.33 | N/A |
| Axis Banking & PSU Debt Direct Plan Growth | 12961.49 | 9.27 | 7.08 | 0.35 | N/A |
SIP, STP & SWP Details
Systematic Investment Plan (SIP):
Frequency: Monthly
Min Amount: ₹ 100
Multiplier: 1
Systematic Transfer Plan (STP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
Systematic Withdrawal Plan (SWP):
Frequency: MONTHLY
Dates: 1, 2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13, 14, 15, 16, 17, 18, 19, 20, 21, 22, 23, 24, 25, 26, 27, 28
Min Amount: ₹ 100
Min Installments: 6
AMC Details
Asset Management Company
Edelweiss Mutual Fund
Edelweiss Mutual Fund started their mutual fund on 30/04/2008 and its managing total assets of Rs. 9,570 Cr. Its ranked at 26 as per total assets at end of 30th Sep 2017. Edelweiss Mutual Fund employs robust strategies to manage market risks, but investments remain subject to market risks. Please read the fund’s documentation for detailed risk management policies.
Edelweiss Mutual Fund is a fiduciary business of Edelweiss Group. The main aim of Edelweiss Mutual Fund is to provide excellent investment services to all its investors and they believe in setting high moral ethics for the business. They also want to set up a disciplined approach of investing for all its customers.
The asset management company follows a process oriented approach, which ultimately helps investors reach their financial goal. What works in the AMC's favor is their asset management team which is highly experienced and follows a research based methodology, when it comes to investing.
The fund house offers a bouquet of mutual funds ranging across various categories like equity, debt and hybrid and invests in various market capitalization. This approach caters to the needs of all its customers with different investment styles.
Launch Date
2008-04-30T00:00:00.145Z
Total AUM
₹ 144274.95 Cr
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Website
Sub Type
Gilt
Sub Type Info
Invest predominantly in Government Securities(minimum 80% of total assets). They are relatively more risky than the other debt funds due to fluctuating interest rates.
Tax Impact
Returns are taxed as per your Income Tax slab.
Stamp Duty
0.005% (from July 1st, 2020)
Fund Manager Details
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Edelweiss Banking and PSU Debt Fund Direct Growth
Edelweiss Mutual Fund
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Frequently Asked Questions
How is the overall rating calculated?
The overall rating for Edelweiss Banking and PSU Debt Fund Direct Growth is an aggregate score based on performance metrics (returns over 1, 3, and 5 years), risk-adjusted returns (Sharpe and Sortino ratios), and consistency relative to its category. Ratings are on a scale of 1 to 5, with 5 being the highest.
What are the top stocks of Edelweiss Banking and PSU Debt Fund Direct Growth?
The top stocks held by Edelweiss Banking and PSU Debt Fund Direct Growth include GOI, Housing & Urban Development Corporation Ltd., Indian Oil Corporation Ltd..
Which industries does Edelweiss Banking and PSU Debt Fund Direct Growth invest in?
Edelweiss Banking and PSU Debt Fund Direct Growth primarily invests in the following industries: Sovereign, Financial, Energy.
Who are the fund managers of Edelweiss Banking and PSU Debt Fund Direct Growth?
The fund managers of Edelweiss Banking and PSU Debt Fund Direct Growth are Dhawal Dalal and Rahul Dedhia.
How many years has the fund manager been managing Edelweiss Banking and PSU Debt Fund Direct Growth?
Dhawal Dalal:
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Rahul Dedhia:
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What is the minimum investment for Edelweiss Banking and PSU Debt Fund Direct Growth?
The minimum investment for Edelweiss Banking and PSU Debt Fund Direct Growth is ₹100 for lumpsum investments and ₹100 for SIPs.
What are the average 1-year returns for Edelweiss Banking and PSU Debt Fund Direct Growth?
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What are the average 3-year returns for Edelweiss Banking and PSU Debt Fund Direct Growth?
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What is the expense ratio of Edelweiss Banking and PSU Debt Fund Direct Growth, and how does it compare to its category?
The expense ratio of Edelweiss Banking and PSU Debt Fund Direct Growth is 0.39%. The average expense ratio for similar funds in the Debt is Calculating....