Edelweiss Banking and PSU Debt Fund Direct Plan Growth
Debt
Direct
Banking & Psu
NAV: ₹ 23.16 as on 16-05-2024
About the Fund
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 ₹285 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.
Fund Performance
202 people have invested ₹ 10.8L in Edelweiss Banking and PSU Debt Fund Direct Plan Growth in the last three months
Overview
 | 0.39% |
 Benchmark | CRISIL Short Term Bond Fund TR INR |
 | ₹285 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
70.6%
Corporate
27.2%
Cash Equivalent
2.2%
Top Holdings of Edelweiss Banking and PSU Debt Fund Direct Plan Growth as on (30-Apr-24)
Debt Holdings22
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 7.1% Govt Stock 2029 | 15.75% | 0% | |
Indian Oil Corporation Limited | 8.73% | 0% | |
Housing And Urban Development Corporation Limited | 7.3% | 0% | |
Indian Railway Finance Corporation Limited | 7% | 0% | |
Hindustan Petroleum Corporation Limited | 6.84% | 0% |
See all
Monthly Changes Updates
All changes are between Oct'69 and Dec'69
AUM Change
- AUM of the fund stands at 284.5 Cr as of Apr'24
- AUM decreased by 7 Cr between Apr'24 and Mar'24
Fund Portfolio Changes
Mutual Fund Insights
Over the last 3 months, this fund has experienced a 5.4% drop in AUM moving from 300.93 Cr to 284.54 Cr.
In the last 3 years, UTI Banking & PSU Fund Direct Plan Growth has given 7.46% return, outperforming this fund by 1.94% per annum.
In the last 1 year, ICICI Prudential Banking and PSU Debt Fund Direct Plan Growth has given 7.56% return, outperforming this fund by 1.37%.
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%.
Peer Analysis
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 8.17% since inception which is more than its category average return of 5.48%
AUM size ₹285 Cr
This fund has AUM of ₹285 Cr which is less than its category average of ₹ 3677 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 ₹23.16 as on 16-May-2024.
Existing (Absolute + CAGR) as on 16-May-2024.
Edelweiss Banking and PSU Debt Fund Direct Plan Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.65% | 0.65% |
6 Month Returns | 4.03% | 4.03% |
1 Year Returns | 6.19% | 6.19% |
3 Years Returns | 17.48% | 5.52% |
5 Years Returns | 46.95% | 8% |
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 April 2024
₹285 Cr as on April 2024
7.1% Govt Stock 2029(15.75%), Indian Oil Corporation Limited(8.73%), Housing And Urban Development Corporation Limited(7.3%), Indian Railway Finance Corporation Limited(7%), Hindustan Petroleum Corporation Limited(6.84%) as on April 2024
Government(70.57%), Corporate(27.25%), Cash Equivalent(2.18%) as on April 2024
Yield to Maturity is 7.52 as on April 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 4.13 as on April 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%