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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
7 Years. The Fund has Sufficient history for analysis and the track record is good.
525 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
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 to Moderate
Apr 04, 2014
Launched (7y ago)
AUM in Crores
IISL NIFTY Banking and PSU Debt TR INR
Returns Calculator Comparison
with step up of
|Instrument||Returns||Total Corpus||Gains||Annualised %|
|Mutual Fund||₹ 965,796||₹ 233,184||11.25%|
|EPF||₹ 900,761||₹ 168,149||8.50%|
|Property||₹ 867,662||₹ 135,050||7.00%|
|PPF||₹ 869,819||₹ 137,207||7.10%|
|Bank FD||₹ 846,471||₹ 113,859||6.00%|
|Gold||₹ 846,471||₹ 113,859||6.00%|
|Savings Bank||₹ 825,950||₹ 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.
Comparison with Debt Funds
About the AMC
Edelweiss Asset Management Limited
Edelweiss Asset Management Limited manages assets worth 20,194 crores and was set up on 23 August 2007. It's current offering of mutual fund schemes includes 28 equity,92 debt and 24 hybrid funds.
₹ 609 Cr
₹ 218 Cr
International - Others
₹ 1,033 Cr
₹ 603 Cr
₹ 218 Cr
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Edelweiss Banking and PSU Debt Fund (DR-M) is a banking and psu debt fund and has delivered an annualised return of 7.2% over a period of 7 years ..The fund is managed by Edelweiss Asset Management Limited.The fund managers are Dhawal Dalal, Gautam Kaul
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.
The Edelweiss Banking and PSU Debt Fund (DR-M) fund was launched on Apr 04, 2014. The NAV (Net Asset Value) of this banking and psu debt as of 2021-03-04 is ₹ 11.0583. The total AUM (Asset Under Management) of the fund as of 2021-03-05 is ₹ 524.545. The category risk of the Edelweiss Banking and PSU Debt Fund (DR-M) fund is Moderate Risk. The fund charges 0.63 % as expense ratio.
The fund’s highest allocation is towards debt and has invested 95.4% in this asset class. The top three holdings of the fund are 6.45% govt stock 2029,national bank for agriculture and rural development and housing and urban development corporation limited
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.
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 (DR-M) has a score of 3 on a scale of 5. The fund scores 4 out of 5 based on historical performance. As compared to the other funds in its category, Edelweiss Banking and PSU Debt Fund (DR-M) has a score of 3 out of 5. The credit risk of the fund is 3 out of 5 as compared to other debt funds.