- Mutual Funds
- Edelweiss Mutual Fund
- Edelweiss Banking and PSU Debt Fund (G)
Edelweiss Banking and PSU Debt Fund (G)
₹ 23.3434
NAV (Oct 15)
Banking And Psu funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.
Banking and PSU Funds are mandated to invest a minimum of 80% of total assets in debt instruments issued by Banks, Public Sector Undertakings and Public Financial Institutions.
They tend to invest in medium to long duration securities and hence are exposed to higher variations when interest rates change.
The category accounts for close to 8% of the total assets in the Debt Segment.
We assess the credit quality of funds in this category as relatively poor.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher credit risk and higher interest rate risk.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 23.3434
NAV (Oct 15)
Fund Returns
Last 1Y | 9% |
Last 3Y | 5.7% |
Last 5Y | 7.2% |
Last 10Y | 7.7% |
Since Inception | 7.9% |
6 Month CAGR | 4.9% |
Scheme Information
The Scheme seeks to generate income by investing predominantly in a portfolio of Debt Securities and Money Market Instruments issued by banks, PSUs, Public Financial Institutions, entities major owned by Central and State Governments and Municipal Bonds.
Expense Ratio | 0.7 |
Launched (0y ago) | 0.7 |
AUM in Crores | 269.9 |
ISIN | INF843K01FK1 |
Lock-in | - |
Benchmark | CRISIL Banking and PSU Debt A-II Index |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | - |
Standard Deviation | 2.3 |
Beta | 2.9 |
Sharpe Ratio | - |
YTM | - |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Edelweiss Banking and PSU Debt Fund (G) | 8,71,268 | 1,38,656 | 7.2% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
GOI
11.2%Indian Oil Corporation Ltd.
9.2%Housing & Urban Development Corporation Ltd.
7.7%Indian Railway Finance Corporation Ltd.
7.4%Hindustan Petroleum Corporation Ltd.
7.2%Comparison with Debt Funds
| Fund Name | Fund Size | |
|---|---|---|
₹ 4,523 cr | ||
₹ 8,029 cr | ||
₹ 10,307 cr | ||
₹ 14,839 cr | ||
₹ 4,610 cr |
About the AMC
Edelweiss Mutual Fund
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
- | 6.6% | ||
6.4% | 5.9% | ||
6.5% | 7.6% | ||
8.7% | 16.6% | ||
11.5% | 11.3% |
Edelweiss Banking and PSU Debt Fund (G) Review
Edelweiss Banking and PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 7.941% over a period of 11 years. The fund is managed by Edelweiss Mutual Fund. The fund managers are Dhawal Dalal, Rahul Dedhia.
Nav of Edelweiss Banking and PSU Debt Fund (G) as of 10/15/2024 is ₹23.34 with the total AUM as of 10/16/2024 is ₹269.9181. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss Banking and PSU Debt Fund (G) was launched on 2013-09-13. The category risk of the fund is High.
The minimum SIP amount for Edelweiss Banking and PSU Debt Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Edelweiss Banking and PSU Debt Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Banking and PSU Debt A-II Index.
It is rated as a 2 fund in Debt and delivered 9.02% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Edelweiss Banking and PSU Debt Fund (G).
Frequently Asked Questions
What is Edelweiss Banking and PSU Debt Fund (G)?
How to invest in Edelweiss Banking and PSU Debt Fund (G)?
You can invest in Edelweiss Banking and PSU Debt Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Edelweiss Banking and PSU Debt Fund (G)?
The minimum sip amount for Edelweiss Banking and PSU Debt Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Edelweiss Banking and PSU Debt Fund (G) good to invest in?
As per Scripbox experts, it is a 2 fund. You can invest in it if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Edelweiss Banking and PSU Debt Fund (G)?
The expense ratio of the Edelweiss Banking and PSU Debt Fund (G) is 0.7% for regular plan.
What is the NAV of Edelweiss Banking and PSU Debt Fund (G)?
Today's Edelweiss Banking and PSU Debt Fund (G) NAV is ₹23.34.