Mutual Funds
Edelweiss Banking & Psu Debt Fund-Dir (IDCW)

Edelweiss Banking & Psu Debt Fund-Dir (IDCW)

Banking and PSU Fund

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NAV
18.55(0.03%)
Fund Size (CR)
₹270.97
Expense Ratio
0.39
Scheme Type
Active Fund
Value Research

Min. investment
₹100
Minimum Additional Investment
₹100
Minimum SIP Investment
₹100
Minimum Withdrawal
₹1
Exit Load
1% of applicable Net Asset Value - If the amount sought to be redeemed or switch out is invested for a period of up to 3 months from the date of allotment Nil - If the amount, sought to be redeemed or switch out is invested for a period of more than 3 months from the date of allotment
0%
Return Since Launch
8.19%

Absolute Return: -0.33%

Annualized Return: 0%

Basic Details

Scheme Manager

Dhawal Dalal

Bench Mark

CRISIL Banking and PSU Debt A-II Index

Type

OPEN

Lumpsum Returns

Period Invested For	₹10,000 Invested on	Latest Value	Absolute Returns	Annualised Returns	Category Avg	Rank within Category
1 Week	20 December 2024	10005.97	0.06%	-	0.07%	145/166
1 Month	27 November 2024	10039.79	0.40%	-	0.47%	140/166
3 Month	27 September 2024	10123.75	1.24%	-	1.36%	131/166
6 Month	27 June 2024	10429.91	4.30%	-	3.87%	9/166
1 Year	27 December 2023	10845.77	8.46%	8.46%	7.81%	18/166
3 Year	27 December 2021	11913.93	19.14%	6.01%	6.05%	77/156
5 Year	27 December 2019	14154.82	41.55%	7.20%	6.36%	13/129
Since Inception	13 September 2013	24321.10	143.21%	8.19%	6.99%	14/166

Note: Lumpsum Returns since Inception Date.

SIP Returns

Period Invested For	₹10,000 Invested on	Investments	Latest Value	Absolute Returns	Annualised Returns
1 Year	1 January 2024	1,20,000	159067.86	32.56%	32.56%
3 Year	3 January 2022	3,60,000	478501.24	32.92%	9.95%
5 Year	1 January 2020	6,00,000	793322.97	32.22%	5.74%
10 Year	1 January 2015	8,40,000	1182805.33	40.81%	3.48%

Note: SIP Returns since Inception Date.

Tax Treatment

If sold after 1 year from purchase date, long term capital gain tax will be applicable. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh. Any cess/surcharge is not included.If sold before 1 year from purchase date, short term capital gain tax will be applicable. Current tax rate is 15%. Any cess/surcharge is not included in the 15%.

Mutual Funds Calculator

Investment type
Scheme based

SIP
Lumpsum

Monthly Investment (₹)

Expected Returns Rate (%)

Time Period (in Years)

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Invested Amount
₹25,000
Estimated Returns
₹19,059

76%

Returns

Future value of your investment

₹44,059

Risk Ratios

0.63%

Standard Deviation

0.08%

Beta

-0.43%

Sharpe Ratio

1.16%

Treynor's Ratio

-1.34%

Jension's Alpha

Asset Allocation

Sector Allocation

There is no Sector Allocation data

Top 10 stock holding in portfolio

Stock Invested in	% of Total Holdings	Quantity	Value (Cr)	Asset Type	Segment
H U D C O	7.72%	2000000	20.87	NCD	Debt Others
I O C L	7.49%	2000000	20.24	NCD	Debt Others
I R F C	7.47%	2000000	20.19	NCD	Debt Others
H P C L	7.33%	1990000	19.80	NCD	Debt Others
Food Corp of Ind	7.13%	1900000	19.26	NCD	Debt Others
REC Ltd	5.84%	1500000	15.79	NCD	Debt Others
National Highway	4.87%	1300000	13.15	NCD	Debt Others
E X I M Bank	3.94%	1000000	10.65	NCD	Debt Others
National Highway	3.84%	1000000	10.39	NCD	Debt Others
NHPC Ltd	3.84%	1000000	10.37	NCD	Debt Others

Peer Comparison

Scheme Name	Asset Size (Cr)	1M	3M	6M	1Y	3Y
Edelweiss Banking & Psu Debt Fund-Dir (IDCW)	270.97	0.40%	1.24%	4.30%	8.46%	6.01%
TRUSTMF Banking & PSU Fund - Dir (IDCW-D) RI	190.34	0.67%	2.06%	5.18%	10.33%	8.26%
DSP Banking & Psu Debt Fund - Direct (G)	3075.62	0.63%	1.25%	4.29%	8.93%	6.40%
DSP Banking & Psu Debt Fund - Direct (IDCW-M)	3075.62	0.63%	0.02%	4.28%	8.90%	6.38%
DSP Banking & Psu Debt Fund - Direct (IDCW-D)	3075.62	0.62%	1.30%	4.25%	8.89%	6.37%
DSP Banking & Psu Debt Fund - Direct (IDCW-Q)	3075.62	0.63%	1.25%	4.29%	8.88%	6.38%

News

Edelweiss Mutual Fund announces change in scheme name
Edelweiss Mutual Fund has announced change in scheme name under the following scheme, With effect from 19 December 2024
Change in the name of the Scheme:

Existing Nomenclature Revised Nomenclature

Edelweiss CRISIL IBX AAA Financial Services ' Jan 2028 Index Fund Edelweiss CRISIL IBX AAA Financial Services Bond ' Jan 2028 Index Fund

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Existing Nomenclature	Revised Nomenclature
Edelweiss CRISIL IBX AAA Financial Services ' Jan 2028 Index Fund	Edelweiss CRISIL IBX AAA Financial Services Bond ' Jan 2028 Index Fund

Edelweiss MF announces IDCW & Monthly Income Distribution cum Capital Withdrawal (IDCW) under its schemes
Edelweiss Mutual Fund has announced 26 November 2024 as the record date for declaration of IDCW on the face value of Rs 10 per unit under the following schemes. The amount IDCW (Rs. per unit) will be:
Edelweiss Balanced Advantage Fund ' Regular Plan ' Monthly IDCW Option & Direct Plan ' Monthly IDCW Option: Rs. 0.18 each
Edelweiss Aggressive Hybrid Fund ' Regular Plan ' IDCW Option & Direct Plan ' IDCW Option: Rs. 0.17 each.
Edelweiss Equity Savings Fund ' Regular Plan ' Monthly IDCW Option & Direct Plan ' Monthly IDCW Option: Rs. 0.08 each.
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Edelweiss MF announces change in Fund Manager of the following scheme

Edelweiss Mutual Fund has announced change in Fund Managers of the following schemes with effect from: 06 November 2024

Change in Fund Managers of the Scheme:

Scheme Name	Existing Fund Management Structure of the Scheme	Proposed Fund Management Structure of the Scheme
Edelweiss Arbitrage Fund	Equity Portion Fund Manager: Mr. Bhavesh Jain Co-Fund Manager: Mr. Bhavin Patadia Debt Portion Fund Manager: Ms. Pranavi Kulkarni Co- Fund Manager: Mr. Rahul Dedhia	Equity Portion Fund Manager: Mr. Bhavesh Jain Co-Fund Manager: Mr. Amit Vora Debt Portion Fund Manager: Ms. Pranavi Kulkarni Co- Fund Manager: Mr. Rahul Dedhia

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Fund House Details & Investment Objective

Date of Incorporation

26 August 2013

Total AUM (Cr)

₹270.24

Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is an Banking and PSU Fund-oriented fund from the renowned AMC, Edelweiss Mutual Fund. Launched in 26 August 2013, this fund is managed by Dhawal Dalal. With assets under management (AUM) worth ₹270.24 (Cr), as of 27 December 2024, Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is categorized as a Banking and PSU Fund within its segment. The fund has generated a return of 8.19% since its launch.
The current NAV of Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is ₹18.55, as on 27 December 2024. The fund's benchmark index is CRISIL Banking and PSU Debt A-II Index. You can invest in Edelweiss Banking & Psu Debt Fund-Dir (IDCW) via both lumpsum and SIP modes. The minimum SIP amount in the fund is ₹100 while the minimum lumpsum investment is ₹100.

Being an open-ended fund, you can exit the fund anytime subject to applicable exit loads:
Nil The fund has generated 6.01% and 7.20% CAGR in the last 3 and 5 years respectively.

The fund aims to provide long-term capital appreciation and growth, by investing in a mix of financial instruments 96.82% in Debt and 3.18% in cash and cash equivalents.

FAQs

How to Invest in Edelweiss Banking & Psu Debt Fund-Dir (IDCW) Direct Growth?

Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is a popular fund in the Banking and PSU Fund segment. The fund has generated a return of 8.19% since inception. Looking to invest in Edelweiss Banking & Psu Debt Fund-Dir (IDCW) How about earning 1% extra return? All this is possible with m.Stock! Investing in Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is super easy and convenient with m.Stock. Here’s how you can begin:

Login to your m.Stock account. If you do not have an account, open m.Stock Demat account and enjoy 1% extra returns plus Zero Brokerage across products for life.
In the ‘Menu’ section, under ‘Products’, select ‘Mutual Funds’ .
In the search bar, enter the fund name, in this case, Edelweiss Banking & Psu Debt Fund-Dir (IDCW)
On the top right corner you’ll see two options – Lumpsum and SIP. You can choose either based on your risk appetite and available investible corpus.
If you choose to invest a Lumpsum: Enter amount, select payment mode (UPI or Netbanking), and click on ‘invest a lumpsum’. Make the payment and your lumpsum investment is complete.
If you choose the SIP route, then enter SIP amount, SIP date, and set up ‘Autopay’ facility.

So, why wait? Invest in Edelweiss Banking & Psu Debt Fund-Dir (IDCW) today and reap the benefits of this Banking and PSU Fund fund!

How much returns has Edelweiss Banking & Psu Debt Fund-Dir (IDCW) Direct Growth generated?

In the short term, i.e., 1 year, Edelweiss Banking & Psu Debt Fund-Dir (IDCW) has generated annualised return of 8.46%. In the long-term, the fund has generated 6.01% and 7.20% in 3 and 5 years respectively. Since its inception, the fund has generated 8.19% returns.

What is the expense ratio of Edelweiss Banking & Psu Debt Fund-Dir (IDCW) Direct Growth?

The expense ratio of Edelweiss Banking & Psu Debt Fund-Dir (IDCW) Direct Growth is 0.39%. Expense ratio is the fees payable by investors of the scheme towards management, research and overall upkeep of the fund. The higher the expense ratio, the lower is the in-hand return for the investor. Expense ratio for direct plans is lower than regular plans, making them ideal for investors.

What is the AUM of Edelweiss Banking & Psu Debt Fund-Dir (IDCW) Fund Direct Growth?

The Assets Under Management (AUM) of Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is ₹270.24 (Cr) as of 2024-12-27 AUM shows the fund’s popularity and is often indicative of fund strength.

How to redeem or withdraw money from Edelweiss Banking & Psu Debt Fund-Dir (IDCW) Direct Growth?

Redeeming or selling units of Edelweiss Banking & Psu Debt Fund-Dir (IDCW) is relatively simple. But before you redeem, ensure that the fund has completed the minimum lock-in period else you will be charged an exit load.

To redeem from Edelweiss Banking & Psu Debt Fund-Dir (IDCW):

Login to your m.Stock account
In portfolio, your mutual fund investments will be visible under ‘MF’
Select the fund you wish to redeem from (in this case Edelweiss Banking & Psu Debt Fund-Dir (IDCW)).
Click on ‘Redeem’ button
You have 2 options – redeem by units and redeem by value (you can only redeem free units)
Select units to be redeemed and click on submit.
Redemption value will be credited to your account in 2-3 working days (as per timelines set by SEBI).