Analyst’s Choice
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
---|---|---|---|---|---|---|
Edelweiss Banking and PSU Debt Fund - Direct Plan
|
Moderate
|
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0.34 |
|||
Moderate
|
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0.33 |
||||
Moderate
|
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0.39 |
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Moderate
|
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0.39 |
||||
Moderate
|
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0.39 |
₹272 Cr
--
100
1
100
6
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.
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."
Capital Gains Taxation
Dividend Taxation
Edelweiss Banking and PSU Debt Fund - Direct 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 - Direct 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 - Direct Plan is ₹23.6465 as of 14-Aug-2024.
The AUM of Edelweiss Banking and PSU Debt Fund - Direct Plan Fund is ₹272 Cr as of 31-Jul-2024
The riskometer level of Edelweiss Banking and PSU Debt Fund - Direct Plan is Moderate. See More
Company | Percentage of Portfolio |
---|---|
GOI GOI Sec 7.10 18/04/2029 |
11.15
|
Indian Oil Corporation Ltd SR XIV Debenture 7.41 22/10/2029 |
9.23
|
Housing & Urban Development Corporation Ltd SERIES V Debenture 8.41 15/03/2029 |
7.70
|
Indian Railway Finance Corporation Ltd SR 140 NCD 7.48 13/08/2029 |
7.38
|
Hindustan Petroleum Corporation Ltd SR II Debenture 7.03 12/04/2030 |
7.21
|
As of 31-Jul-2024, Edelweiss Banking and PSU Debt Fund - Direct Plan had invested 96.84% in Debt and 3.16% in Cash & Cash Eq. See More
Edelweiss Banking and PSU Debt Fund - Direct Plan is 10 years 11 months old. It has delivered 8.20% returns since inception. See More
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
---|---|---|---|---|---|
7.91%
|
5.98%
|
7.29%
|
7.63%
|
8.04%
|
8.20%
|
No, There is no lock in period in Edelweiss Banking and PSU Debt Fund - Direct Plan.
The expense ratio of Edelweiss Banking and PSU Debt Fund - Direct Plan is 0.34.