Edelweiss Banking and PSU Debt Fund Direct Plan Growth
Debt
Direct
Banking & Psu
NAV: ₹ 22.98 as on 24-04-2024
Fund Performance
207 people have invested ₹ 14.2L in Edelweiss Banking and PSU Debt Fund Direct Plan Growth in the last three months
Mutual Fund Insights
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.72% return, outperforming this fund by 1.17%.
In the last 5 years, this fund has outperformed all funds in its category.
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%.
Over the last 6 months, this fund has experienced a 13.4% drop in AUM moving from 334.07 Cr to 289.37 Cr.
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.42% return, outperforming this fund by 1.92% per annum.
About the Edelweiss Banking and PSU Debt Fund Direct Plan Growth
Edelweiss Banking and PSU Debt Fund Direct Plan 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.
Key Parameters
- Edelweiss Banking and PSU Debt Fund Direct Plan Growth has ₹289 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.
Edelweiss Banking and PSU Debt Fund Direct Plan Growth Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹289 Cr |
 | 13 September, 2013 |
 | ₹100/₹100 |
 | 0% |
 | No Lock-in |
 TurnOver | 48.67% |
Edelweiss Banking and PSU Debt Fund Direct Plan Growth Distribution as on (31-Dec-69)
Credit rating breakup
AAA
100%
Sector Allocation
Government
75.8%
Corporate
20%
Cash Equivalent
4.2%
Top Holdings of Edelweiss Banking and PSU Debt Fund Direct Plan Growth as on (31-Mar-24)
Debt Holdings22
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2029 | 15.5% | 0% | |
Indian Oil Corporation Limited | 8.62% | 0% | |
Housing And Urban Development Corporation Limited | 7.2% | 0% | |
Indian Railway Finance Corporation Limited | 6.9% | 0% | |
Hindustan Petroleum Corporation Limited | 6.74% | 0% |
See all
Edelweiss Banking and PSU Debt Fund Direct Plan Growth: Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 291.6 Cr as of Mar'24
- AUM decreased by 4.3 Cr between Mar'24 and Feb'24
Fund Portfolio Changes
Peer Analysis
Edelweiss Banking and PSU Debt Fund Direct Plan Growth Fund Manager
Rahul Dedhia
Fund Manager of Edelweiss Banking and PSU Debt Fund Direct Plan Growth, since 23 November 2021
Top funds managed
Dhawal Dalal
Fund Manager of Edelweiss Banking and PSU Debt Fund Direct Plan Growth, since 26 November 2016
Top funds managed
Edelweiss Banking and PSU Debt Fund Direct Plan Growth Highlights
Moderate Risk
Investors understand that their principal will be at Moderate Risk
About the fund
This fund has delivered an average annual returns of 8.16% since inception which is more than its category average return of 5.45%
AUM size ₹289 Cr
This fund has AUM of ₹289 Cr which is less than its category average of ₹ 3691 Cr
Expense Ratio 0.39%
This fund has an expense ratio of 0.39% which is less than its category average expense ratio of 0.49%
Frequently Asked Questions
The current NAV of Edelweiss Banking and PSU Debt Fund Direct Plan Growth is ₹22.98 as on 24-Apr-2024.
Existing (Absolute + CAGR) as on 24-Apr-2024.
Edelweiss Banking and PSU Debt Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.25% | 0.25% |
6 Month Returns | 4.02% | 4.02% |
1 Year Returns | 6.55% | 6.55% |
3 Years Returns | 17.41% | 5.5% |
5 Years Returns | 47.12% | 8.03% |
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 2024
₹289 Cr as on March 2024
7.1% Govt Stock 2029(15.5%), Indian Oil Corporation Limited(8.62%), Housing And Urban Development Corporation Limited(7.2%), Indian Railway Finance Corporation Limited(6.9%), Hindustan Petroleum Corporation Limited(6.74%) as on March 2024
Government(75.83%), Corporate(19.96%), Cash Equivalent(4.21%) as on March 2024
Yield to Maturity is 7.41 as on March 2024. 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 4.1 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA | 100 |
Rahul Dedhia, Dhawal Dalal are the fund managers of Edelweiss Banking and PSU Debt Fund Direct Plan Growth
The Exit load of Edelweiss Banking and PSU Debt Fund Direct Plan Growth is 0%