Edelweiss Banking and PSU Debt Fund Direct Growth

Edelweiss Banking and PSU Debt Fund Direct Growth

NAV as on 29-04-2025

₹ 25.35

Inception Returns

8.3%

/yr

Historical NAV & Returns

Absolute

zero opening, trading, fund transfer fee
269 people have invested ₹ 33L in Edelweiss Banking and PSU Debt Fund Direct Growth in the last three months

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

  1. Edelweiss Banking and PSU Debt Fund Direct Growth has ₹264 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Returns

Edelweiss Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.32% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 10.21%, 7.53% and 7.21% respectively.

Holdings

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

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.

Edelweiss Banking and PSU Debt Fund Direct Growth Overview

Expense ratio0.39%
Benchmark
IISL NIFTY Banking and PSU Debt TR INR
AUM₹264 Cr
Inception Date13 September, 2013
Min Lumpsum/SIP₹100/₹100
Exit Load0%
Lock InNo Lock-in
TurnOver
21.77%
STCGSelling mutual fund within 36 months, gains taxed at slab rates.
LTCGHolding over 3 years, gains taxed at slab rates without indexation.
Risk
Risk meter
pointer
Moderate Risk

Trailing Returns

as on (29-Apr-25)

Period
Edelweiss Banking and PSU Debt Fund Direct Growth
Banking and PSU Index
1M
1.4%
1.5%
3M
3.2%
2.7%
6M
5%
4.1%
1Y
10.2%
8.4%
3Y
7.5%
6.8%
5Y
7.2%
6.4%

Fund Distribution

as on (31-Dec-69)

  • Debt & Cash 99.6%

AAA
100%

Sector Allocation

Mar'25

Feb'25

Jan'25

Dec'24

Nov'24

Oct'24

Sep'24

Government
60.3%
Corporate
36.2%
Cash Equivalent
3.5%
All changes are between Oct'69 and Dec'69
Parameters
Mar'25
Feb'25
Jan'25
AUM
₹ 263.2 Cr
₹ 263.6 Cr
₹ 269.5 Cr
  • AUM of the fund stands at 263.2 Cr as of Mar'25
  • AUM decreased by 0.5 Cr between Mar'25 and Feb'25
Top Stocks bought last month
Food Corporation Of India's allocation increased from 1.87% to 7.15%
Food Corporation Of India's allocation increased from 1.87% to 7.15%
National Highways Authority Of India's allocation increased from 1.71% to 4.88%
National Highways Authority Of India's allocation increased from 1.71% to 4.88%
Indian Railway Finance Corporation Limited's allocation increased from 5.26% to 7.5%
Indian Railway Finance Corporation Limited's allocation increased from 5.26% to 7.5%
Top Stocks sold last month
Rec Limited's allocation decreased from 5.86 % to 2.99 %
Rec Limited's allocation decreased from 5.86 % to 2.99 %
Nuclear Power Corporation Of India Limited's allocation decreased from 3.85 % to 1.95 %
Nuclear Power Corporation Of India Limited's allocation decreased from 3.85 % to 1.95 %
Indian Railway Finance Corporation Limited's allocation decreased from 7.5 % to 0.48 %
Indian Railway Finance Corporation Limited's allocation decreased from 7.5 % to 0.48 %
Cash allocation has gone down from 4.5% to 3.2%
Cash allocation has gone down from 4.5% to 3.2%
Debt allocation has gone up from 95.2% to 96.4%
Debt allocation has gone up from 95.2% to 96.4%

Top 2 Sectors in March were Government, Corporate

Mar'25
Government
60%
Corporate
36%
Feb'25
Government
60%
Corporate
36%
  • Debt & Cash

Holdings
Weight%
1M Change
Housing And Urban Development Corporation Limited
Housing And Urban Development Corporation Limited
8%
0%
Indian Oil Corporation Limited
Indian Oil Corporation Limited
7.74%
0%
Indian Railway Finance Corporation Limited
Indian Railway Finance Corporation Limited
7.73%
0%
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation Limited
7.61%
0%
Food Corporation Of India
Food Corporation Of India
7.41%
0%
  • Returns %

  • Fund Ratios

  • Overview

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Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Banking and PSU Debt Fund Direct Growth, since 26 November 2016
Rahul Dedhia
Rahul Dedhia
Fund Manager of Edelweiss Banking and PSU Debt Fund Direct Growth, since 23 November 2021
Top funds managed
Fund House
Edelweiss Asset Management Limited
Total AUM
₹1.01L Cr
as on 31-Mar-2025
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Website
investor.amc@edelcap.com

Mutual Fund Insights

Insights icon
This fund expense ratio is slightly on the lower side within the category (banking & psu). Its expense ratio is 0.39% which is lower than the category average expense ratio of 0.55%.
Insights icon
In the last 1 year, DSP Banking & PSU Debt Fund Direct Growth has given 10.37% return, outperforming this fund by 0.27%.
Insights icon
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 9.44% return, outperforming this fund by 1.91% per annum.
Insights icon
In the last 5 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.61% return, outperforming this fund by 0.49% per annum.

Edelweiss Banking and PSU Debt Fund Direct Growth Highlights

Risk meter
pointer

Moderate Risk

Investors understand that their principal will be at Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 8.32% since inception which is more than its category average return of 6.19%
AUM size ₹264 Cr

AUM size ₹264 Cr

This fund has AUM of ₹264 Cr which is less than its category average of ₹ 4102 Cr
Expense Ratio 0.39%

Expense Ratio 0.39%

This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.51%

Frequently Asked Questions for Edelweiss Banking and PSU Debt Fund Direct Growth

The current NAV of Edelweiss Banking and PSU Debt Fund Direct Growth is ₹25.35 as on 29-Apr-2025.
Existing (Absolute + CAGR) as on 29-Apr-2025.
Edelweiss Banking and PSU Debt Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
1.36%
1.36%
6 Month Returns
5.02%
5.02%
1 Year Returns
10.21%
10.21%
3 Years Returns
24.34%
7.53%
With INDmoney, the process of investing is very simple and involves zero commission.
  • 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.
0.39% as on March 2025
₹264 Cr as on March 2025
Housing And Urban Development Corporation Limited(8%), Indian Oil Corporation Limited(7.74%), Indian Railway Finance Corporation Limited(7.73%), Hindustan Petroleum Corporation Limited(7.61%), Food Corporation Of India(7.41%) as on March 2025
Government(58.63%), Corporate(36.43%), Cash Equivalent(4.94%) as on March 2025
Yield to Maturity is 6.97 as on March 2025. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 3.79 as on March 2025. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Dhawal Dalal, Rahul Dedhia are the fund managers of Edelweiss Banking and PSU Debt Fund Direct Growth
The Exit load of Edelweiss Banking and PSU Debt Fund Direct Growth is 0%