Edelweiss Banking and PSU Debt Fund Direct Growth
DebtBanking & PSUModerate Risk
Direct
NAV (17-Dec-24)
Returns (Since Inception)
Fund Overview
Fund Size
₹271 Cr
Expense Ratio
0.39%
ISIN
INF843K01FC8
Minimum SIP
₹100
Exit Load
No Charges
Inception Date
13 Sep 2013
About this fund
As of 17-Dec-24, it has a Net Asset Value (NAV) of ₹24.34, Assets Under Management (AUM) of 270.97 Crores, and an expense ratio of 0.39%.
- Edelweiss Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.22% since inception.
- The fund's asset allocation comprises around 0.00% in equities, 94.75% in debts, and 4.91% in cash & cash equivalents.
- You can start investing in Edelweiss Banking and PSU Debt Fund Direct Growth with a SIP of ₹100 or a Lumpsum investment of ₹100.
Performance against Category Average
In this section, we compare the returns of the scheme with the category average over various periods. Periods for which the fund has outperformed its category average are marked in green, otherwise red.
1 Year
+8.75%
+7.57% (Cat Avg.)
3 Years
+5.95%
+5.72% (Cat Avg.)
5 Years
+7.48%
+6.17% (Cat Avg.)
10 Years
+7.90%
+6.30% (Cat Avg.)
Since Inception
+8.22%
— (Cat Avg.)
Portfolio Summaryas of 30th November 2024
| Debt | ₹256.74 Cr | 94.75% |
| Others | ₹14.23 Cr | 5.25% |
Top Holdings
All Holdings
Equity
Debt & Others
| Name | Type  | Amount | Holdings |
|---|---|---|---|
| 7.1% Govt Stock 2029 | Bond - Gov't/Treasury | ₹30.43 Cr | 11.23% |
| Housing And Urban Development Corporation Limited | Bond - Corporate Bond | ₹20.86 Cr | 7.70% |
| Indian Oil Corporation Limited | Bond - Corporate Bond | ₹20.23 Cr | 7.46% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹20.18 Cr | 7.45% |
| Hindustan Petroleum Corporation Limited | Bond - Corporate Bond | ₹19.79 Cr | 7.30% |
| Food Corporation Of India | Bond - Corporate Bond | ₹19.24 Cr | 7.10% |
| Rec Limited | Bond - Corporate Bond | ₹15.79 Cr | 5.83% |
| National Highways Authority Of India | Bond - Corporate Bond | ₹13.16 Cr | 4.86% |
| Export Import Bank Of India | Bond - Corporate Bond | ₹10.66 Cr | 3.94% |
| National Highways Authority Of India | Bond - Corporate Bond | ₹10.4 Cr | 3.84% |
| Nhpc Limited | Bond - Corporate Bond | ₹10.37 Cr | 3.83% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹10.37 Cr | 3.83% |
| NLc India Limited | Bond - Corporate Bond | ₹10.26 Cr | 3.79% |
| Power Grid Corporation Of India Limited | Bond - Corporate Bond | ₹10.05 Cr | 3.71% |
| Power Finance Corporation Limited | Bond - Corporate Bond | ₹10.03 Cr | 3.70% |
| Accrued Interest | Cash - Collateral | ₹8.23 Cr | 3.04% |
| Rec Limited | Bond - Corporate Bond | ₹8.05 Cr | 2.97% |
| Clearing Corporation Of India Ltd. | Cash - Repurchase Agreement | ₹5.53 Cr | 2.04% |
| Nuclear Power Corporation Of India Limited | Bond - Corporate Bond | ₹5.26 Cr | 1.94% |
| National Bank For Agriculture And Rural Development | Bond - Corporate Bond | ₹5.16 Cr | 1.90% |
| 7.04% Govt Stock 2029 | Bond - Gov't/Treasury | ₹5.06 Cr | 1.87% |
| Indian Railway Finance Corporation Limited | Bond - Corporate Bond | ₹1.29 Cr | 0.48% |
| SBI CDMDF--A2 | Mutual Fund - Open End | ₹0.93 Cr | 0.34% |
| Net Receivables/(Payables) | Cash - Collateral | ₹-0.46 Cr | 0.17% |
| LIC Housing Finance Ltd | Bond - Corporate Bond | ₹0.1 Cr | 0.04% |
Allocation By Credit Quality (Debt)
AAA
Other Allocation
Equity Sector
Debt & Others
| Instruments | Amount | Holdings |
|---|---|---|
| Bond - Corporate Bond | ₹221.25 Cr | 81.65% |
| Bond - Gov't/Treasury | ₹35.5 Cr | 13.10% |
| Cash - Collateral | ₹7.77 Cr | 3.21% |
| Cash - Repurchase Agreement | ₹5.53 Cr | 2.04% |
| Mutual Fund - Open End | ₹0.93 Cr | 0.34% |
Risk & Performance Ratios
Standard Deviation
This fund
2.17%
Cat. avg.
1.49%
Lower the better
Sharpe Ratio
This fund
-0.11
Cat. avg.
-0.41
Higher the better
Sortino Ratio
This fund
--
Cat. avg.
-0.35
Higher the better
Fund Managers
Dhawal Dalal
Since November 2016
Rahul Dedhia
Since November 2021
Additional Scheme Detailsas of 30th November 2024
ISIN INF843K01FC8 | Expense Ratio 0.39% | Exit Load No Charges | Fund Size ₹271 Cr | Age 11 years 3 months | Lumpsum Minimum ₹100 | Fund Status Open Ended Investment Company | Benchmark IISL NIFTY Banking and PSU Debt TR INR |
Investment Objective
To seek to generate long-term capital growth from an actively managed portfolio primarily of Equity and Equity Related Securities. Scheme shall invest in Indian equities,foreign equities and related instruments and debt securities.
Tax Treatment
Capital Gains Taxation:
Dividend Taxation:
Note: As per the Income Tax Budget 2024, mutual funds are subject to capital gains taxation, which includes surcharge and cess based on prevailing income tax rules and the investor’s income. Taxation applies only to realised gains, not notional gains. Please consult your tax advisors to determine the implications or consequences of your investments in such securities.
Similar Banking & PSU Funds
| Fund name | Expense Ratio | Exit Load | Fund size | 1Y  |
|---|---|---|---|---|
| Bandhan Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹13506.88 Cr | 8.0% |
| Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.6% | 0.0% | ₹13506.88 Cr | 7.6% |
| Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk | 0.5% | 0.0% | ₹580.32 Cr | 7.8% |
| Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹580.32 Cr | 8.1% |
| PGIM India Banking and PSU Debt fund Direct Growth Moderate Risk | 0.2% | 0.0% | ₹45.38 Cr | 6.8% |
| PGIM India Banking and PSU Debt fund Regular Growth Moderate Risk | 0.4% | 0.0% | ₹45.38 Cr | 6.6% |
| Canara Robeco Banking and PSU Debt Fund Regular Growth Moderate Risk | 0.7% | 0.0% | ₹237.51 Cr | 7.7% |
| Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk | 0.3% | 0.0% | ₹237.51 Cr | 8.1% |
| Tata Banking & PSU Debt Fund Direct Growth Low to Moderate Risk | 0.3% | 0.0% | ₹207.53 Cr | 7.0% |
| Tata Banking & PSU Debt Fund Regular Growth Low to Moderate Risk | 0.7% | 0.0% | ₹207.53 Cr | 6.5% |
About the AMC
Edelweiss Mutual Fund
Total AUM
₹1,62,281 Cr
Address
J.P.Morgan Tower, Mumbai, 400 098
Other Funds by Edelweiss Mutual Fund
Risk Level
Your principal amount will be at Moderate Risk
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- Dhawal Dalal
- Rahul Dedhia
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