scripbox logo
    scripbox logo
    search iconsearch icon
    user avatarLogin
    • right-arrow
    • Mutual Funds
      right-arrow
    • Edelweiss Mutual Funds
      right-arrow
    • Edelweiss Banking and PSU Debt Fund (Growth)
    Edelweiss Mutual Funds

    Edelweiss Banking and PSU Debt Fund (Growth)

    DebtBanking And Psu

    19.8431

    NAV (Sep 23)

    10.8%
    3 Year CAGR
    Scripbox Opinion

    Neutral

    Click here for top ranked funds in banking and psu mutual funds.

    However, Scripbox does not recommend investing in banking and psu mutual funds.

    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.

    Our analysis of this fundLearn how we rate funds ->

    Track Record

    8 Years. The Fund has Sufficient history for analysis and the track record is good.

    Relative Size

    454 Cr. Medium within the category

    Impact of Interest Rate Changes

    Highest Interest Rate Risk. The impact on fund value is very high when interest rates change

    Credit Quality Of Fund's Portfolio

    Moderate Credit Risk. The fund has a moderate credit quality compared to other debt funds

    Invest in this fund
    Explore a scientifically created Scripbox plan within this asset class.
    Short Term Money

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment

    No single fund can achieve what a plan can. Learn why

    chart-amc-about

    Historical NAV

    19.8431

    NAV (Sep 23)

    Fund Returns

    Last 1Y
    7.1%
    Last 3Y
    10.8%
    Last 5Y
    8.7%
    Last 10Y
    NA
    Since Inception
    8.9%
    6 Month CAGR
    5%
    info-icon-blue

    Scheme Information

    Investment Objective

    The investment objective of the Scheme is to generate returns commensurate with risks of investing in a portfolio of Debt Securities and Money Market Instruments issued by Banks,Public Sector Undertakings,Public Financial Institutions,entities majorly owned by Central and State Governments and Municipal Bonds. However,there can be no assurance that the investment objective of the scheme will be realized.

    Low

    Low to Moderate

    Moderate

    Moderately High

    High

    Very High

    risk-indicator-arrow.svg

    Moderate Risk

    Expense Ratio
    0.64
    Launched (8y ago)
    Sep 13, 2013
    AUM in Crores
    453.487
    ISIN
    INF843K01FK1
    Lock-in
    No Lock-in
    Benchmark
    IISL NIFTY Banking and PSU Debt TR INR
    SIP Minimum
    1000
    Lumpsum Min.
    5000
    Fund Managers
    user-avatar

    Dhawal Dalal

    Fund Manager

    user-avatar

    Gautam Kaul

    Fund Manager

    calculator

    Returns Calculator Comparison

    of

    for

    with step up of

    InstrumentReturnsTotal CorpusGainsAnnualised %
    Mutual Fund70%₹ 965,796 ₹ 233,18411.25%
    EPF70% ₹ 900,761 ₹ 168,1498.50%
    Property70% ₹ 867,662 ₹ 135,0507.00%
    PPF70% ₹ 869,819 ₹ 137,2077.10%
    Bank FD70% ₹ 846,471 ₹ 113,8596.00%
    Gold70% ₹ 846,471 ₹ 113,8596.00%
    Savings Bank70% ₹ 825,950 ₹ 93,3385.00%

    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.

    build-long-item-wealth-img

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • Inflation beating returns
      Inflation beating returns
    • Expert Investing Only, Car, Down Payment
      Expert Investing Only, Car, Down Payment
    • One click investing  tracking
      One click investing tracking
    comparison

    Comparison with Debt Funds

    Fund NameScripbox OpinionFund SizeTrack Record

    Kotak Savings Fund (G)

    recommended-badge

    ₹ 13,951 cr

    5

    recommended-badge

    ₹ 33,662 cr

    5

    recommended-badge

    ₹ 11,134 cr

    5

    recommended-badge

    ₹ 31,274 cr

    5

    recommended-badge

    ₹ 24,210 cr

    5

    amc-icon

    About the AMC

    Edelweiss Asset Management Limited

    Edelweiss Asset Management Limited manages assets worth 36,435 crores and was set up on 23 August 2007. It's current offering of mutual fund schemes includes 29 equity,92 debt and 24 hybrid funds.

    amc-img

  • tel-amc-about
    022-40933400
  • mail-amc-about
    emfhelp@edelweissfin.com
  • Fund NameScripbox Opinion
    Till Date CAGR
    top-ranked-badge

    5%

    7%

    top-ranked-badge

    22.9%

    12.4%

    top-ranked-badge

    17.7%

    13.4%

    top-ranked-badge

    8.6%

    5.3%

    top-ranked-badge

    17%

    14.9%

    growth

    Short Term Money

    Invest in a scientifically curated set of debt mutual funds which are best aligned towards achieving any short term objectives you may have.

    • graph-icon-gray
      Historical growth rate of 6.5% per annum
    • graph-icon-gray
      Recommended Duration 1 - 5 years
    • graph-icon-gray
      No Lock-in
    • graph-icon-gray
      Expert Investing Only, Car, Down Payment
    • graph-icon-gray
      One-click investing and tracking
    • graph-icon-gray
      Zero fees for all your investments
    Kotak Savings Fund (Growth)

    Kotak Savings Fund (Growth)

    Debt

    Ultra Short

    ICICI Prudential Savings Fund (Growth)

    ICICI Prudential Savings Fund (Growth)

    Debt

    Low Duration

    Tata Liquid Fund (Growth)

    Tata Liquid Fund (Growth)

    Debt

    Liquid

    How to invest in best mutual funds?

    Investing through Scripbox is made easy and paperless. All you need to do is follow the below steps and start investing.

    01

    Choose a plan

    Choose a plan to invest to start investing

    02

    Create an Account

    Create an account with Scripbox through a paperless process, to invest in this fund.

    03

    Invest online & transfer

    Invest via netbanking, UPI or through an SIP (eNACH mandate).

    04

    Track your investments

    Track, invest more and withdraw your investments through the Scripbox dashboard

    3,600+

    AUM

    2,500+

    Cities

    2012

    Established

    How does Scripbox rate funds?

    Proprietary 4-step system to rate mutual funds

    We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.

    What Scripbox recommendations mean?
    Scripbox algorithm recommends 2-4 funds for investment for an investment asset class such as large cap, diversified, liquid etc. When you invest for an objective, the algorithm suggests the appropriate asset class and funds.
    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Sub-asset Class View

    Sub-asset Class View

    We check if the sub-category of the fund is recommended by us.

    Fund Performance

    Fund Performance

    Consistency of performance over various tenures is analysed for a relative performance stack.

    Track Record

    Track Record

    We look at consistent and long historical performance for our analysis.

    Fund Size

    Fund Size

    We look at the size of the fund with respect to other funds in the category. Larger funds are preferred.

    Impact of Interest Rates

    Impact of Interest Rates

    We check the relative interest rate risk of the sub-category of the fund. Lower the better.

    Credit Attractiveness

    Credit Attractiveness

    We check the credit quality of the underlying instruments present in the fund. Higher the better.

    Equity Funds

    Debt Funds

    About Edelweiss Banking and PSU Debt Fund (G)

    About Edelweiss Banking and PSU Debt Fund (G)

    Edelweiss Banking and PSU Debt Fund (G) is a Banking And Psu Debt fund and has delivered an annualised return of 8.9% over a period of 8 years. . The fund is managed by Edelweiss Asset Management Limited. The fund managers are Dhawal Dalal, Gautam Kaul

    Edelweiss Banking and PSU Debt Fund (G) Investment Objective

    The investment objective of the Scheme is to generate returns commensurate with risks of investing in a portfolio of Debt Securities and Money Market Instruments issued by Banks,Public Sector Undertakings,Public Financial Institutions,entities majorly owned by Central and State Governments and Municipal Bonds. However,there can be no assurance that the investment objective of the scheme will be realized. . However, there is no assurance that the objective of the scheme will be realized.

    Edelweiss Banking and PSU Debt Fund (G) NAV,AUM,Risk

    The Edelweiss Banking and PSU Debt Fund (G) fund was launched on Sep 13, 2013. The NAV (Net Asset Value) of this Banking And Psu Debt fund as of 2021-09-23 is ₹19.84. The total AUM (Asset Under Management) of the fund as of 24/09/2021 is ₹453.487. The category risk of the Edelweiss Banking and PSU Debt Fund (G) fund is Moderate Risk. The fund charges 0.64 % as expense ratio.

    Edelweiss Banking and PSU Debt Fund (G) Holdings

    The fund’s highest allocation is towards Debt and has invested 95.9% in this asset class. The top three holdings of the fund are , housing and urban development corporation limited , indian railway finance corporation limited , national bank for agriculture and rural development , ntpc limited , indian oil corporation limited , food corporation of india limited , rural electrification corporation limited , 6.79% govt stock 2029 , 6.45% govt stock 2029 , hindustan petroleum corporation limited , accrued interest , power finance corporation limited , national highways authority of india , export-import bank of india , power finance corporation limited , axis bank limited , nhpc limited (national hydroelectric power corporation limited) , housing development finance corporation limited , nuclear power corporation of india limited , nlc india limited , national highways authority of india , power grid corporation of india limited , rec limited , food corporation of india , nuclear power corporation of india limited , national highways authority of india , clearing corporation of india ltd. , indian railway finance corporation limited

    Edelweiss Banking and PSU Debt Fund (G) Sip

    The minimum SIP (Systematic Investment Plan) amount for this 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.

    Edelweiss Banking and PSU Debt Fund (G) Investment volatility and Horizon

    This fund 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 IISL NIFTY Banking and PSU Debt TR INR.

    Edelweiss Banking and PSU Debt Fund (G) Review

    Edelweiss Banking and PSU Debt Fund (G) has a score of 3 on a scale of 5. The fund has a score of 4 out of 5 based on historical performance. As compared to the other funds in its category, Edelweiss Banking and PSU Debt Fund (G) has a score of 3out of 5 The credit risk of the fund is 3 out of 5 as compared to other debt funds.

    Get started with investing today

    Invest in the best mutual funds recommended by Scripbox that are algorithmically selected that best suit your needs.

    filter
    Show Calculator