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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.
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
Moderately Low
Moderate
Moderately High
High
Moderate Risk
0.55%
Expense Ratio
13th Sep, 2013
Launched (7y ago)
₹
344
AUM in Crores
INF843K01FN5
ISIN
No Lock-in
Lock-in
IISL NIFTY Banking and PSU Debt TR INR
Benchmark
₹
1000
SIP Minimum
₹
5000
Lumpsum Min.
Fund Managers
Dhawal Dalal
Fund Manager
Gautam Kaul
Fund Manager
Returns Calculator Comparison
of
for
Instrument
Returns
Total Corpus
Gains
Annualised %
Mutual Fund
11.25%
EPF
Property
PPF
Bank FD
Gold
Savings Bank
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.
We use a proprietary system to rate mutual funds and based on that make a recommendation or rate the fund as top ranked.
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?
Recommended
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.
Top Ranked
These funds are the top performers within a category of mutual funds considering a combination of criteria. The best amongst these funds are also labelled as Scripbox Recommended.
Not Recommended
Scripbox algorithm classifies funds as "not recommended" when they perform poorly on a combination of criteria. These funds are usually the poorest performers within a category.
Track Record
We look at consistent and long historical performance for our analysis
Relative Size
We look at the size of the fund with respect to other funds in the category. Larger funds are
preferred
Category View
We check if the sub-category of the fund is recommended by us
Consistency Of Performance
Consistency of performance over various tenures is analysed for a relative performance stack
Track Record
We look at consistent and long historical performance for our analysis
Relative 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
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Credit Quality Of Fund’s Portfolio
We check the relative interest rate risk of the sub-category of the fund. Lower the better
Equity Funds
Debt Funds
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Scripbox has helped over 2500 people become millionaires in the last 7
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You'll never have to worry about what funds to choose. We'll suggest
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We will track our recommendations and suggest changes fund exists
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About Edelweiss Banking and PSU Debt Fund (Dividend Reinvestment - Weekly)
About Edelweiss Banking and PSU Debt Fund (Dividend Reinvestment - Weekly)
Edelweiss Banking and PSU Debt Fund (Dividend Reinvestment - Weekly) is a Banking And Psu Debt fund and has delivered an annualised return of 9.86% over a period of 7 years.
The fund was previously known as Edelweiss Bkng & PSU Debt Reg Wk DR.
The fund is managed by Edelweiss Asset Management Limited.
The fund managers are Dhawal Dalal, Gautam Kaul.
Edelweiss Banking and PSU Debt Fund (Dividend Reinvestment - Weekly) 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 (Dividend Reinvestment - Weekly) NAV, AUM and Risk
The fund was launched on 2013-09-13. The NAV of the fund as of 2020-10-23 is ₹ 10.51. The total AUM of the fund as of 2020-10-23 is ₹ 344 Cr. The category risk of the fund is Moderate Risk
The fund charges 0.55 % as expense ratio.
Edelweiss Banking and PSU Debt Fund (Dividend Reinvestment - Weekly) Holdings
The fund’s highest allocation is towards debt and has invested 95.55% in this asset class.
The top three holdings of the fund are ntpc limited, indian railway finance corporation limited and housing and urban development corporation limited.
Edelweiss Banking and PSU Debt Fund (Dividend Reinvestment - Weekly) 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 (Dividend Reinvestment - Weekly) 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.
