Edelweiss Banking and PSU Debt Fund Direct Growth

Fund Overview

Fund Size

₹273 Cr

Expense Ratio

0.34%

ISIN

INF843K01FC8

Minimum SIP

₹100

Exit Load

No Charges

Inception Date

13 Sep 2013

About this fund

Edelweiss Banking and PSU Debt Fund Direct Growth is a Banking & PSU mutual fund schemes offered by Edelweiss Mutual Fund. This fund has been in existence for 10 years, 10 months and 13 days, having been launched on 13-Sep-13.
As of 25-Jul-24, it has a Net Asset Value (NAV) of ₹23.55, Assets Under Management (AUM) of 273.23 Crores, and an expense ratio of 0.34%.

Edelweiss Banking and PSU Debt Fund Direct Growth has given a CAGR return of 8.21% since inception.
The fund's asset allocation comprises around 0.00% in equities, 96.40% in debts, and 3.26% 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

+7.32%

+6.00% (Cat Avg.)

3 Years

+5.89%

+4.98% (Cat Avg.)

5 Years

+7.37%

+5.84% (Cat Avg.)

10 Years

+8.04%

+6.22% (Cat Avg.)

Since Inception

+8.21%

— (Cat Avg.)

Portfolio Summaryas of 15th July 2024

Debt	₹263.41 Cr	96.40%
Others	₹9.82 Cr	3.60%

Top Holdings

All Holdings

Equity

Debt & Others

Name	Type	Amount	Holdings
7.1% Govt Stock 2029	Bond - Gov't/Treasury	₹35.19 Cr	12.88%
Indian Oil Corporation Limited	Bond - Corporate Bond	₹25.04 Cr	9.16%
Housing And Urban Development Corporation Limited	Bond - Corporate Bond	₹20.87 Cr	7.64%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹20.03 Cr	7.33%
Hindustan Petroleum Corporation Limited	Bond - Corporate Bond	₹19.52 Cr	7.14%
Food Corporation Of India	Bond - Corporate Bond	₹18.98 Cr	6.95%
Rec Limited	Bond - Corporate Bond	₹15.76 Cr	5.77%
National Highways Authority Of India	Bond - Corporate Bond	₹13.03 Cr	4.77%
Export Import Bank Of India	Bond - Corporate Bond	₹10.63 Cr	3.89%
National Highways Authority Of India	Bond - Corporate Bond	₹10.31 Cr	3.77%
Nhpc Limited	Bond - Corporate Bond	₹10.31 Cr	3.77%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹10.3 Cr	3.77%
NLc India Limited	Bond - Corporate Bond	₹10.26 Cr	3.75%
Power Grid Corporation Of India Limited	Bond - Corporate Bond	₹9.96 Cr	3.64%
Power Finance Corporation Limited	Bond - Corporate Bond	₹9.94 Cr	3.64%
Rec Limited	Bond - Corporate Bond	₹7.98 Cr	2.92%
Accrued Interest	Cash - Collateral	₹7.76 Cr	2.84%
Nuclear Power Corporation Of India Limited	Bond - Corporate Bond	₹5.23 Cr	1.91%
National Bank For Agriculture And Rural Development	Bond - Corporate Bond	₹5.15 Cr	1.88%
Clearing Corporation Of India Ltd.	Cash - Repurchase Agreement	₹4.72 Cr	1.73%
Net Receivables/(Payables)	Cash - Collateral	₹-3.57 Cr	1.31%
7.38% Govt Stock 2027	Bond - Gov't/Treasury	₹3.54 Cr	1.30%
Indian Railway Finance Corporation Limited	Bond - Corporate Bond	₹1.28 Cr	0.47%
SBI CDMDF--A2	Mutual Fund - Open End	₹0.92 Cr	0.34%
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	₹224.67 Cr	82.23%
Bond - Gov't/Treasury	₹38.73 Cr	14.18%
Cash - Collateral	₹4.19 Cr	4.15%
Cash - Repurchase Agreement	₹4.72 Cr	1.73%
Mutual Fund - Open End	₹0.92 Cr	0.34%

Risk & Performance Ratios

Fund Managers

Dhawal Dalal

Since November 2016

Rahul Dedhia

Since November 2021

Additional Scheme Detailsas of 15th July 2024

ISIN

INF843K01FC8

Expense Ratio

0.34%

Exit Load

No Charges

Fund Size

₹273 Cr

Age

13 Sep 2013

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

Withdrawal (irrespective of holding period)

Realised Gain (capital gains) are taxed at your marginal income tax rate

Note: Mutual funds are subject to capital gains taxation with surcharge and cess, based on prevailing income tax rules and investor income. Taxation applies 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%	₹14109.10 Cr	7.2%
Bandhan Banking & PSU Debt Fund Regular Growth Moderate Risk	0.6%	0.0%	₹14109.10 Cr	6.9%
Franklin India Banking & PSU Debt Fund Regular Growth Moderate Risk	0.5%	0.0%	₹620.60 Cr	7.0%
Franklin India Banking & PSU Debt Fund Direct Growth Moderate Risk	0.2%	0.0%	₹620.60 Cr	7.4%
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%	₹346.42 Cr	6.8%
Canara Robeco Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹346.42 Cr	7.1%
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

+91 22 40979900

https://www.edelweissmf.com/

Total AUM

₹1,56,048 Cr

Address

J.P.Morgan Tower, Mumbai, 400 098

Other Funds by Edelweiss Mutual Fund

Fund name	Expense Ratio	Exit Load	Fund size	1Y
Edelweiss Multi Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹2127.08 Cr	-
Edelweiss Banking and PSU Debt Fund Direct Growth Moderate Risk	0.3%	0.0%	₹273.23 Cr	7.3%
Edelweiss NIFTY Large Midcap 250 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹171.82 Cr	41.7%
Edelweiss Money Market Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹566.99 Cr	7.4%
Edelweiss Liquid Fund Direct Growth Moderate Risk	0.1%	0.0%	₹6065.88 Cr	7.5%
Edelweiss Mid Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹6624.72 Cr	58.1%
Edelweiss Greater China Equity Direct Growth Very High Risk	1.3%	1.0%	₹1300.97 Cr	-4.9%
Edelweiss ASEAN Equity Off Shore Direct Growth Very High Risk	1.5%	1.0%	₹58.49 Cr	3.3%
Edelweiss Large & Mid Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹3393.29 Cr	41.9%
Edelweiss CRISIL PSU Plus SDL 50:50 Oct 2025 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹858.11 Cr	7.3%
Edelweiss Europe Dynamic Equity Offshore Fund Direct Growth Very High Risk	1.4%	1.0%	₹76.25 Cr	15.7%
BHARAT Bond FOF April 2030 Direct Growth Moderate Risk	0.1%	0.0%	₹6796.49 Cr	7.8%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Sep 2028 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹174.47 Cr	7.7%
Edelweiss Flexi Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹2139.15 Cr	44.7%
Edelweiss Overnight Fund Direct Growth Low Risk	0.1%	0.0%	₹416.04 Cr	6.8%
Edelweiss Multi Asset Allocation Fund Direct Growth Low to Moderate Risk	0.3%	0.0%	₹981.16 Cr	8.1%
Edelweiss MSCI India Domestic & World Healthcare 45 Index Fund Direct Growth Very High Risk	0.5%	0.0%	₹143.18 Cr	35.9%
Edelweiss Long Term Equity Fund Direct Growth Very High Risk	0.6%	0.0%	₹380.49 Cr	36.8%
Edelweiss Recently Listed IPO Fund Direct Growth Very High Risk	0.8%	2.0%	₹946.31 Cr	32.2%
Edelweiss Balanced Advantage Fund Direct Growth Very High Risk	0.4%	1.0%	₹11720.55 Cr	25.5%
Edelweiss Government Securities Fund Direct Growth Moderate Risk	0.5%	0.0%	₹156.81 Cr	9.5%
Edelweiss Small Cap Fund Direct Growth Very High Risk	0.3%	1.0%	₹3816.30 Cr	45.8%
Edelweiss Nifty Smallcap 250 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹52.80 Cr	57.7%
Edelweiss Nifty Midcap150 Momentum 50 Index Fund Direct Growth Very High Risk	0.3%	0.0%	₹354.72 Cr	67.7%
Edelweiss Nifty Next 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹51.59 Cr	63.0%
Edelweiss Large Cap Fund Direct Growth Very High Risk	0.5%	1.0%	₹974.94 Cr	33.4%
Edelweiss Aggressive Hybrid Fund Direct Growth Very High Risk	0.3%	1.0%	₹1860.39 Cr	35.1%
Edelweiss Focused Equity Fund Direct Growth Very High Risk	0.5%	1.0%	₹863.31 Cr	39.3%
Edelweiss Nifty PSU Bond Plus SDL Apr 2027 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹3263.80 Cr	7.4%
BHARAT Bond FOF April 2025 Direct Growth Low to Moderate Risk	0.1%	0.0%	₹4882.10 Cr	6.6%
BHARAT Bond FOF April 2031 Direct Growth Moderate Risk	0.1%	0.0%	₹4553.61 Cr	8.0%
Edelweiss Arbitrage Fund Direct Growth Low Risk	0.3%	0.0%	₹11876.18 Cr	8.6%
Edelweiss Emerging Markets Opportunities Equity Offshore Direct Growth Very High Risk	1.3%	1.0%	₹111.23 Cr	10.1%
Edelweiss US Technology Equity Fund of Fund Direct Growth Very High Risk	1.3%	1.0%	₹2337.13 Cr	27.4%
BHARAT Bond ETF FOF - April 2033 Direct Growth Moderate Risk	0.1%	0.0%	₹2150.45 Cr	7.7%
Edelweiss Gold and Silver ETF Fund of Fund Direct Growth Very High Risk	0.2%	0.0%	₹98.35 Cr	14.8%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL June 2027 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹93.34 Cr	7.6%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL Short Duration Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹147.60 Cr	7.7%
Edelweiss Nifty 50 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹73.30 Cr	25.1%
Edelweiss Nifty 100 Quality 30 Index Fund Direct Growth Very High Risk	0.1%	0.0%	₹42.23 Cr	36.4%
Edelweiss CRISIL IBX 50:50 Gilt Plus SDL April 2037 Index Fund Direct Growth Moderate Risk	0.2%	0.0%	₹972.87 Cr	8.5%
BHARAT Bond ETF FOF - April 2032 Direct Growth Moderate Risk	0.1%	0.0%	₹4412.10 Cr	7.2%
Edelweiss Nifty PSU Bond Plus SDL Apr 2026 50:50 Index Fund Direct Growth Low to Moderate Risk	0.2%	0.0%	₹10034.47 Cr	7.3%
Edelweiss US Value Equity Offshore Fund Direct Growth Very High Risk	1.3%	1.0%	₹104.32 Cr	13.2%
Edelweiss Equity Savings Fund Direct Growth Moderate Risk	0.5%	0.0%	₹441.78 Cr	16.9%

Risk Level

Your principal amount will be at Moderate Risk

Still got questions?
We're here to help.

What is the current NAV of Edelweiss Banking and PSU Debt Fund Direct Growth?

The NAV of Edelweiss Banking and PSU Debt Fund Direct Growth, as of 25-Jul-2024, is ₹23.55.

What are the returns of Edelweiss Banking and PSU Debt Fund Direct Growth?

The fund has generated 7.32% over the last 1 year and 5.89% over the last 3 years. However, this does not guarantee that the fund will perform similarly in the future.

What is the portfolio composition of Edelweiss Banking and PSU Debt Fund Direct Growth?

The fund's allocation of assets is distributed as 0.00% in equities, 96.40% in bonds, and 3.26% in cash and cash equivalents.

Who manages the Edelweiss Banking and PSU Debt Fund Direct Growth?

The fund managers responsible for Edelweiss Banking and PSU Debt Fund Direct Growth are:-

Dhawal Dalal
Rahul Dedhia

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme-related documents carefully. The NAVs of the schemes may go up or down depending upon the factors and forces affecting the securities market including the fluctuations in the interest rates. The past performance of the mutual funds is not necessarily indicative of the future performance of the schemes. Investors are requested to review the prospectus carefully and obtain expert professional advice with regard to specific legal, tax and financial implications of the investment/participation in the scheme.

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