Edelweiss Banking and PSU Debt Fund Regular Growth - Latest NAV ₹18.5943, Returns, Performance & Portfolio

Edelweiss Banking and PSU Debt Fund Regular Growth

  • highlight
    9.17%
  • highlight
    (--0.03)18.5943

Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 13.75 Lakhs in a period of 20 years

Fund Summarystar

PeriodReturns(per year)
10 Years--
5 Years9.17%
3 Years10.01%
1 Year13.18%
6 Months7.36%
Fund Details
ISININF843K01FK1
RiskModerate Risk
Fund TypeBanking & PSU
NAV18.5943
Exit Load--

More about this fundstar

Top HoldingsWeightage
GOVT STOCK7.97%
Housing And Urban Development Corporation Ltd.6.48%
Export-Import Bank Of India4.49%
FOOD CORPORATION OF INDIA4.45%
NHPC LIMITED (NATIONAL HYDROELECTRIC POWER CORPORATION LTD)4.34%
National Bank For Agriculture And Rural Development4.3%
NTPC Limited4.3%
Axis Bank Limited4.27%
POWER FINANCE CORPORATION LIMITED4.27%
Rural Electrification Corporation Limited4.26%

About Edelweiss Banking And PSU Debt Fund

Edelweiss Banking And PSU Debt Fund as the name suggests is a scheme investing in debt and money market securities issued by banks, PSUs, and PFIs. The fund may also invest up to 20% capital in Treasury Bills, CBLO, Liquid mutual fund, and commercial paper. The scheme strives to generate income over short to medium-term investment horizon.

Pros & Cons of Edelweiss Banking And PSU Debt Fund

Edelweiss Banking And PSU Debt Fund offers the following benefits: The fund invests in instruments owned primarily by Central and State Governments making the investment comparatively safer and less volatile. The scheme enables investors to earn a regular income with minimal risks and higher liquidity. However, the fund returns are slightly lower than the average category return.

Fund Information and Statistics of Edelweiss Banking And PSU Debt Fund

i) Inception / Launch date –

Edelweiss Banking And PSU Debt Fund was launched on September 13, 2013, by Edelweiss Mutual Fund.

ii) Risk level –

Investments in this fund are moderate risk bet and suitable for short-term investment.

iii) Redemption –

The Scheme will offer units for purchase and redemption at applicable NAV prices. Under normal circumstances, your fund house will dispatch the redemption proceeds within 3 business days.

iv) Fund Manager –

The fund is jointly managed by Mr Dhawal Dalal since November 2016 and Mr Gautam Kaul since December 2017. They come with an experience of 32 years between them.

v) Entry / Exit load -

The fund house does not charge any entry load or exit load.

Tax benefits of investing in Edelweiss Banking And PSU Debt Fund

A Short-term capital gain tax will be levied on unitholders as per the income tax slab rate if units are held for less than 36 months. A long-term capital gains tax of 20% is applicable with indexation if units are held for more than 36 months. Dividend distribution tax will be deducted before the distribution of the dividend.

About Edelweiss Mutual Fund

Edelweiss Mutual Fund is a part of the renowned Edelweiss group. The fund house aims to become a globally renowned asset manager providing excellent investment solutions, exemplary services and setting the highest ethical standards. It follows a disciplined and process-oriented investment approach to help investors achieve their financial goals.

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Start your investment

Min amount: ₹1,000

Calculate Returns

Rs. 2,000 invested monthly becomes Rs. 13.75 Lakhs in a period of 20 years
Moderate Risk

All investments come with risk. Risk is the volatility or fluctuation in the price (and returns) of the investment. Usually,

  • High Risk = High possible returns
  • Low Risk = Stable, relatively lower returns