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 Rahul Dedhia, Dhawal Dalal. This fund is suitable to keep your money safe.

1. Edelweiss Banking and PSU Debt Fund Direct Growth has ₹265 Cr worth of assets under management (AUM) as on Jul 2025 and is more than category average.
2. The fund has an expense ratio 0.4.
   

Edelweiss Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.26% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 8.84%, 7.83% and 6.37% respectively.

Edelweiss Banking and PSU Debt Fund Direct Growth has allocated its funds majorly in Government, Corporate, Cash Equivalent. Its top holdings are 6.33% Goi 2035, Indian Oil Corporation Limited, Indian Railway Finance Corporation Limited, Hindustan Petroleum Corporation Limited, Food Corporation Of India

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.

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 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.