Edelweiss Banking and PSU Debt Fund - Regular Plan

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Value Research Rating

2 star

Analyst’s Choice

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Riskometer

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Moderate

₹21.6128 0.04%

As on 29-Nov-2023

Investment Strategy

The Scheme seeks to generate income by investing predominantly in a portfolio of Debt Securities and Money Market Instruments issued by banks, PSUs, Public Financial Institutions, entities major owned by Central and State Governments and Municipal Bonds.

Returns

This fund's returns are currently better than the category average.

This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following
a conservative investment strategy. Last updated 2 days ago. Learn More

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Calculate SIP Returns of Edelweiss Banking and PSU Debt Fund - Regular Plan

Upfront Investment

Monthly SIP Amount

Investment Duration

years

Risk info

This fund has Moderate risk.

low
Low to Moderate
Moderate
Moderately High
High
Very High

As per SEBI's Riskometer.

Suitability

"Banking and PSU funds invest mainly in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions. They are suitable for a short investment horizon of two to three years, or for the fixed-income allocation in your longer-term portfolio. You can expect to earn higher returns than what a bank fixed deposit can fetch.

The risk of incurring a loss in these funds is low, but they do not guarantee returns or safety of capital like a bank deposit.

Remember, their returns may not be substantially higher than inflation. They are meant to deliver steady, but low to moderate returns and are not suitable to build wealth in the long run."

Portfolio of Edelweiss Banking and PSU Debt Fund - Regular Plan

This fund's portfolio is largely conservative

This fund’s holdings are mostly in Large Cap stocks and in debt instruments, which means it’s following a
conservative investment strategy. Last updated 2 days ago.Learn More

Asset Allocation

Split between different types of investments

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Credit Rating Weightage

Split between categories of Equity investments

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Taxation

Capital Gains Taxation

  • If investment is made on or after 1 April 2023: Entire amount of gain is added to the investors' income and taxed according to the applicable slab rate.
  • If investment is made before 1 April 2023:
    • Sold within 3 years from the date of investment: Gains are added to the investors' income and taxed according to the applicable slab rate.
    • Sold after 3 years from the date of investment: Gains are taxed at the rate of 20% after providing the benefit of inflation indexation.
  • No tax is to be paid as long as you continue to hold the units.

Dividend Taxation

  • Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs 5,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.

Peer Comparison

This fund compares better than its peers in most aspects.

Other details of Edelweiss Banking and PSU Debt Fund - Regular Plan

Assets info

₹327 Cr

Exit Load (Days) info

--

Min. Investment (₹)

100

Min. Withdrawal (₹)

1

Min. SIP Investment (₹)

100

Min. No of Cheques

6

FAQ for Edelweiss Banking and PSU Debt Fund - Regular Plan

Edelweiss Banking and PSU Debt Fund - Regular Plan is mandated to invest at least 80 per cent of its assets in bonds issued by banks, public sector undertakings (PSUs) and public financial institutions.

Mutual funds can be bought directly from the website of the fund house. For instance, Edelweiss Banking and PSU Debt Fund - Regular Plan fund can be purchased from the website of Edelweiss Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.

The NAV of Edelweiss Banking and PSU Debt Fund - Regular Plan is ₹21.6128 as of 30-Nov-2023.

The AUM of Edelweiss Banking and PSU Debt Fund - Regular Plan Fund is ₹327 Cr as of 31-Oct-2023

The riskometer level of Edelweiss Banking and PSU Debt Fund - Regular Plan is Moderate. See More

Company Percentage of Portfolio

GOI GOI Sec 7.10 18/04/2029

16.61

Housing & Urban Development Corporation Ltd SERIES VI Debenture 8.37 25/03/2029

9.51

Indian Railway Finance Corporation Ltd SR 140 NCD 7.48 13/08/2029

9.10

Indian Oil Corporation Ltd SR XIV Debenture 7.41 22/10/2029

9.06

REC Ltd SR 176 NCD 8.85 16/04/2029

5.92
See More

As of 31-Oct-2023, Edelweiss Banking and PSU Debt Fund - Regular Plan had invested 97.27% in Debt and 2.46% in Cash & Cash Eq. See More

Edelweiss Banking and PSU Debt Fund - Regular Plan is 10 years 2 months old. It has delivered 7.83% returns since inception. See More

1Y
3Y
5Y
7Y
10Y
Since Inception
6.06%
4.38%
7.88%
7.17%
7.82%
7.83%

No, There is no lock in period in Edelweiss Banking and PSU Debt Fund - Regular Plan.

The expense ratio of Edelweiss Banking and PSU Debt Fund - Regular Plan is 0.70.

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