Edelweiss Banking and PSU Debt Fund - Direct Plan - Fortnightly IDCW
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.Read more
AMC websiteScheme documentsNAV history (AMFI)हिंदी में
- Current NAV₹14.3377
- Fund Size (AUM)₹ 3,137 Cr.
- Expense Ratio0.40 %
- 1Y Return-1.12%
- 3Y Return (CAGR)-0.36%
- 5Y Return (CAGR)-1.23%
- Category Rank (3Y)—
- RiskometerModerate Risk
- Min. SIP / Lump sum₹ 100 / ₹ 100
More figures (11)
- Since Launch (CAGR)-0.92%
- Benchmark—
- Volatility (3Y)2.21 %
- Sharpe Ratio (3Y)-3.11
- Beta (3Y)—
- 52-week High / Low₹14.5635 / ₹14.3196
- Max Drawdown-9.6 %
- Launched25 Feb 2019
- Lock-inNone
- Portfolio Turnover—
- Fund ManagersDhawal Dalal, Kedar Karnik
Performance chart
Past performance may or may not be sustained in future.
Quick take
- Over 5 years it returned -1.2% a year.
- Volatility over 3 years was 2.2% a year, with a Sharpe ratio of -3.11.
- Its biggest fall from a peak was 9.6% (15 Jul 2019 to 21 May 2026).
- Across all 3-year periods since launch, yearly returns ranged from -2.4% to 0.1% and were positive 0% of the time.
- Expense ratio 0.40%, fund size ₹3,137 crore.
Pros
AINo standout strengths in its record so far.
Cons
AI- Returns were negative in 100% of all 3-year periods since launch.
Pros and cons are generated automatically from the scheme's published figures. They are observations about past data, not a recommendation to invest, switch or redeem.
AI analysis
Plenitude AI reads the figures on this page and explains them in plain language.
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Book a free consultation Compare with other fundsReturns vs benchmark and category
| Returns (%) | 1W | 1M | 3M | 6M | YTD | 1Y | 2Y | 3Y | 5Y | 7Y | 10Y | Since launch |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| This fund | -0.19% | -0.02% | -0.13% | -0.24% | -1.02% | -1.12% | -0.78% | -0.36% | -1.23% | -1.00% | — | -0.92% |
Point-to-point NAV returns as on 16 Oct 2026; over 1 year, yearly compounded (CAGR). Category: Direct Growth plans in Banking & PSU Funds. Q1 = top quarter by return over that period.
Calendar-year returns
| Year | 2026 YTD | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|---|
| This fund | -1.02% | -0.45% | +0.36% | -0.53% | -4.14% | -1.39% | +0.11% |
January to December each year; the current year is to date.
Month-by-month returns (%)
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -0.1 | 0.1 | -0.5 | -0.5 | 0.2 | -0.1 | 0.0 | -0.1 | 0.1 | -0.1 | |||
| 2025 | 0.1 | -0.2 | 1.3 | -1.2 | 0.0 | -0.2 | 0.1 | -0.2 | 0.0 | 0.0 | 0.3 | -0.3 | -0.4 |
| 2024 | 0.1 | -0.1 | 0.2 | -0.3 | 0.0 | 0.2 | 0.1 | 0.1 | 0.4 | -0.2 | -0.1 | 0.0 | 0.4 |
| 2023 | 0.0 | -0.1 | 0.2 | 0.5 | -0.6 | -0.1 | 0.0 | 0.0 | 0.0 | -0.4 | 0.0 | 0.0 | -0.5 |
| 2022 | -0.6 | 0.2 | 0.0 | -1.3 | -1.4 | 0.2 | -0.2 | 0.0 | -0.9 | -0.2 | 0.1 | -0.1 | -4.2 |
| 2021 | -0.2 | -2.5 | 2.3 | 0.1 | -0.1 | -0.6 | 0.2 | 0.0 | 0.0 | -0.4 | 0.0 | -0.3 | -1.4 |
| 2020 | -0.2 | 0.0 | 0.0 | -0.1 | 0.1 | 0.0 | 0.1 | -1.1 | 0.2 | 0.8 | 0.3 | -0.1 | 0.1 |
| 2019 | 0.1 | -0.3 | 0.5 | 0.0 | -0.6 | 0.6 | 0.1 | -0.1 | -0.2 | 0.1 |
Change in NAV from the last business day of one month to the last business day of the next. Positive in 39 of 92 months shown (42%). "Year" is shown for complete calendar years.
Risk and consistency
| Risk measure | 3 years | 5 years |
|---|---|---|
| Volatility (standard deviation) ? | 2.21% | 2.53% |
| Sharpe ratio ? | -3.11 | -3.06 |
| Sortino ratio ? | -3.31 | -3.27 |
| Maximum drawdown | -2.73% | -6.46% |
Rolling 3-year returns (yearly)
Rolling 5-year returns (yearly)
Every 3- and 5-year period since launch, checked weekly. It shows how consistent returns were, whenever someone invested.
How it handled market falls
Biggest falls in this fund's NAV
| Peak | Bottom | Fall | Back to the peak on | Time to recover |
|---|---|---|---|---|
| 15 Jul 2019 | 21 May 2026 | -9.6% | Not yet | — |
Falls of 5% or more from a previous high, deepest first. Time to recover runs from the bottom to the day the NAV regained its old high.
SIP returns: ₹10,000 every month
| SIP for | Invested | Value today | Gain | XIRR |
|---|---|---|---|---|
| 1Y | ₹1,20,000 | ₹1,19,261 | ₹-739 | -1.14% |
| 3Y | ₹3,60,000 | ₹3,56,046 | ₹-3,954 | -0.72% |
| 5Y | ₹6,00,000 | ₹5,89,021 | ₹-10,979 | -0.73% |
A ₹10,000 instalment on the same date every month, valued at the latest NAV. XIRR is the yearly return on those dated instalments. Try the SIP calculator.
What your investment would be worth
Worked out from the scheme's weekly NAVs (instalments on the first NAV of each month), so it can differ slightly from your statement. Past performance may or may not be sustained in future. Plan a future SIP.
Compare with all Banking & PSU Funds (20)
| S.No. | Scheme (Direct plans, Growth) | NAV ₹ | 1M % | 6M % | 1Y % | 3Y % CAGR | 5Y % CAGR | Expense ratio % | Fund size ₹ Cr | Riskometer |
|---|---|---|---|---|---|---|---|---|---|---|
| 1. | Aditya Birla Sun Life Banking & PSU Debt FundAditya Birla Sun Life Mutual Fund | ₹403.3093 | — | — | — | — | — | 0.41 | 8,439 | Moderate Risk |
| 2. | Axis Banking and PSU Debt FundAxis Mutual Fund | ₹2,891.84 | — | — | — | — | — | 0.36 | 11,962 | Moderate Risk |
| 3. | Bajaj Finserv Banking and PSU Debt FundBajaj Finserv Mutual Fund | ₹12.2329 | — | — | — | — | — | 0.35 | 315 | Low to Moderate Risk |
| 4. | Bandhan Banking and PSU Debt FundBandhan Mutual Fund | ₹27.1508 | — | — | — | — | — | 0.36 | 11,893 | Moderate Risk |
| 5. | Canara Robeco Banking and PSU Debt FundCanara Robeco Mutual Fund | ₹12.8492 | — | — | — | — | — | 0.39 | 164 | Low to Moderate Risk |
| 6. | DSP Banking and PSU Debt FundDSP Mutual Fund | ₹26.2041 | — | — | — | — | — | 0.33 | 2,590 | Low Risk |
| 7. | Edelweiss Banking and PSU Debt FundEdelweiss Mutual Fund | ₹27.1180 | — | — | — | — | — | 0.40 | 3,137 | Moderate Risk |
| 8. | Franklin India Banking & PSU Debt FundFranklin Templeton Mutual Fund | ₹25.3120 | — | — | — | — | — | 0.23 | 565 | Moderate Risk |
| 9. | HDFC Banking and PSU Debt FundHDFC Mutual Fund | ₹25.3889 | — | — | — | — | — | 0.35 | 5,055 | Moderate Risk |
| 10. | HSBC Banking and PSU Debt FundHSBC Mutual Fund | ₹27.1593 | — | — | — | — | — | 0.28 | 3,722 | Moderate Risk |
| 11. | ICICI Prudential Banking and PSU Debt FundICICI Prudential Mutual Fund | ₹36.3897 | — | — | — | — | — | 0.40 | 8,041 | Moderate Risk |
| 12. | Invesco India Banking and PSU Debt FundInvesco Mutual Fund | ₹2,572.51 | — | — | — | — | — | 0.26 | 80 | Moderate Risk |
| 13. | ITI Banking & PSU Debt FundITI Mutual Fund | ₹14.2233 | — | — | — | — | — | 0.23 | 34 | Low to Moderate Risk |
| 14. | Kotak Banking and PSU Debt FundKotak Mahindra Mutual Fund | ₹72.5826 | — | — | — | — | — | 0.40 | 4,761 | Low to Moderate Risk |
| 15. | LIC MF Banking & PSU Debt FundLIC Mutual Fund | ₹40.0525 | — | — | — | — | — | 0.28 | 1,598 | Low to Moderate Risk |
| 16. | Mirae Asset Banking and PSU Debt FundMirae Asset Mutual Fund | ₹14.0025 | — | — | — | — | — | 0.37 | 39 | Low to Moderate Risk |
| 17. | Nippon India Banking and PSU Debt FundNippon India Mutual Fund | ₹22.8666 | — | — | — | — | — | 0.39 | 5,057 | Moderate Risk |
| 18. | SBI BANKING & PSU DEBT FUNDSBI Mutual Fund | ₹3,537.70 | — | — | — | — | — | 0.28 | 3,512 | Moderate Risk |
| 19. | Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)Sundaram Mutual Fund | ₹46.4451 | — | — | — | — | — | 0.27 | 258 | Low to Moderate Risk |
| 20. | UTI Banking & PSU Debt FundUTI Mutual Fund | ₹24.1194 | — | — | — | — | — | 0.23 | 1,448 | Low to Moderate Risk |
| Median: 20 schemes | — | — | — | — | — | — | 0.35 | 2,864 | — |
Detailed comparison with another fund About Banking & PSU Funds
Sorted by 3-year return; tap a heading to sort. Expense ratio and fund size are from published scheme data ("—" = not available yet). Sorting by past returns is a way to explore data, not a ranking of which fund to choose.
Scheme details
- 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.
- Fund managers
- Dhawal Dalal, Kedar Karnik
- Fund house
- Edelweiss Mutual Fund
- Category
- Banking & PSU Funds · Debt
- Plan / option
- Direct · IDCW (income distribution)
- AMFI scheme code
- 140291
- ISIN
- INF843K01FG9
- Scheme documents
- SID, KIM and factsheets (fund house website) · exit load and full portfolio are in these documents.
About Banking & PSU Funds
Banking & PSU Funds invest at least 80% in debt of banks, public sector undertakings and public financial institutions.
Generally used by investors wanting relatively high-quality debt over 2–3+ years.
Other plans of this scheme
- Edelweiss Banking and PSU Debt Fund - Direct Plan - Growth
- Edelweiss Banking and PSU Debt Fund - Regular Plan - Growth
- Edelweiss Banking and PSU Debt Fund - Direct Plan - IDCW
- Edelweiss Banking and PSU Debt Fund - Direct Plan - Monthly IDCW
- Edelweiss Banking and PSU Debt Fund - Direct Plan - Weekly IDCW
- Edelweiss Banking and PSU Debt Fund - Regular Plan - Fortnightly IDCW
- Edelweiss Banking and PSU Debt Fund - Regular Plan - IDCW
- Edelweiss Banking and PSU Debt Fund - Regular Plan - Monthly IDCW
Tax on your gains
Likely tax treatment: Debt-oriented fund ("specified mutual fund")
- Units bought on or after 1 April 2023: gains are added to your income and taxed at your slab rate, however long you hold them.
- No long-term rate or indexation benefit for these units.
- Dividends (IDCW option) are added to your income and taxed at your slab rate; the fund deducts 10% TDS when they exceed ₹10,000 in a year.
- Switching from one scheme or plan to another counts as selling and buying.
- Surcharge and 4% health and education cess apply on top of these rates.
| Fund type | Short-term | Long-term |
|---|---|---|
| Equity-oriented | 20% (up to 12 months) | 12.5% above ₹1.25 lakh |
| Debt-oriented (bought from Apr 2023) | Slab rate | Slab rate |
| Gold, international, other hybrid | Slab rate | 12.5% (after 12 or 24 months) |
Exit load, if any, is set out in the scheme's KIM (scheme documents). Tax rules change from time to time and depend on your situation; please confirm with your tax adviser. This is general information, not tax advice.
Fund managers
From the scheme details published by the fund house. "Also manages" lists schemes we have on record and grows as more schemes are viewed.
Latest news: Edelweiss Mutual Fund
- Edelweiss Mutual Fund has declared change in the fund managers of its few schemesValue Research · 14 Oct
- Edelweiss Mutual Fund Suspends SIPs and STP in 7 Schemes: Can Investing in GIFT City Funds Offer an Alternative?Trade Brains · 9 Oct
- US Tech Fund From Edelweiss at GIFT City: 5,000 Dollar Minimum, Structure, Currency Risk and Who May InvestUnivest · 9 Oct
- Edelweiss AMC launches US technology fund via GIFT City: Exit load, minimum investment explainedCNBC TV18 · 9 Oct
- ET Alpha Wealth Summit 2.0: SIFs are Shahrukh Khan in portfolio says Radhika Gupta, Edelweiss Mutual FundThe Economic Times · 8 Oct
- Edelweiss AMC announces change in risk-o-meter of scheme and benchmarkInvestment Guru India · 8 Oct
- Edelweiss AMC announces addition of ISCInvestment Guru India · 5 Oct
- Edelweiss Mutual Fund has announced change in the fund manager in its Edelweiss Arbitrage FundValue Research · 5 Oct
Headlines from Google News about this fund house and its schemes over the last 30 days. Lists of "best funds" and buy or sell calls are left out. Links open the publisher's site.
Questions about this scheme
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What are Banking & PSU Funds?
How are gains from Edelweiss Banking and PSU Debt Fund taxed?
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