Edelweiss Banking and PSU Debt Fund
- NAV as on 24 Sep 2026
- ₹26.07-0.06%1 day
- Return since launch
- 7.6%
- 52-week range
- ₹24.95 — ₹26.09
- AUM
- ₹3,140 Cr
Edelweiss Banking and PSU Debt Fund is a Banking and PSU debt fund from Edelweiss Mutual Fund with ₹3,140 Cr under management, launched in 2013. Over three years it has returned 6.1% a year, against 6.7% for its category. The expense ratio is 0.72% and the SEBI riskometer reading is Low to Moderate.
Performance
Edelweiss Banking and PSU Debt Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +4.5% against +4.7% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.7% | 0.0 pts | 4.7% | 4.7% |
| 2Y | 5.3% | −0.1 pts | 5.4% | 5.4% |
| 3Y | 6.1% | −0.6 pts | 6.7% | 6.1% |
| 5Y | 6.3% | +0.5 pts | 5.8% | 6.3% |
| 7Y | 6.2% | 0.0 pts | 6.2% | 6.1% |
| 10Y | 6.8% | +0.1 pts | 6.7% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | +0.2 pts | 0.1% | 0.1% |
| 3M | 1.1% | +0.4 pts | 0.8% | 0.7% |
| 6M | 2.9% | 0.0 pts | 2.9% | 3.0% |
| 1Y | 4.5% | −0.2 pts | 4.7% | 4.7% |
| 2Y | 6.0% | −0.1 pts | 6.1% | 6.1% |
| 3Y | 6.7% | 0.0 pts | 6.7% | 6.7% |
| 5Y | 5.6% | −0.2 pts | 5.8% | 5.8% |
| 7Y | 6.9% | +0.5 pts | 6.4% | 6.3% |
| 10Y | 7.1% | +0.5 pts | 6.7% | 6.7% |
Since launch (26 Aug 2013): 7.6%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 7.4% | −0.3 pts | 7.7% |
| 2024 | 8.1% | −0.1 pts | 8.2% |
| 2023 | 6.4% | −0.6 pts | 7.0% |
| 2022 | 2.6% | −1.3 pts | 3.9% |
| 2021 | 4.5% | +0.7 pts | 3.8% |
| 2020 | 12.9% | +2.5 pts | 10.5% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.73%
Expense ratio as on 23 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.61%
- Brokerage
- 0.01%
- Transaction charges
- 0.00%
- Statutory levies
- 0.11%
- Exit load
- Exit load of 1% if redeemed within 12 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Banking and PSU Debt A-II
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 0.53 | 0.92 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.87 | 1.55 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.63 | 1.28 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Edelweiss Banking and PSU Debt Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt96.5%
- Other3.5%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reserve Bank of India | Financial | 9.17% | ₹288 Cr | +9.11% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 8.42% | ₹264 Cr | +0.80% | +4.88% | — |
| National Housing Bank | Financial | 7.98% | ₹250 Cr | +3.20% | +7.80% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.34% | ₹199 Cr | +14.43% | +11.70% | — |
| REC Ltd. | Financial | 5.25% | ₹165 Cr | +1.50% | +9.12% | +18.09% |
| Power Finance Corporation Ltd. | Financial | 4.25% | ₹133 Cr | +2.40% | +14.70% | +11.55% |
| Kotak Mahindra Bank Ltd. | Financial | 3.89% | ₹122 Cr | +3.84% | — | — |
| Others | Others | 3.83% | ₹120 Cr | +0.20% | +1.30% | +1.90% |
| Indian Railway Finance Corporation Ltd. | Financial | 3.23% | ₹101 Cr | +0.12% | +0.75% | +1.47% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 3.18% | ₹99.85 Cr | +3.20% | — | — |
| Axis Bank Ltd. | Financial | 3.08% | ₹96.80 Cr | +2.36% | — | — |
| Export-Import Bank Of India | Financial | 1.92% | ₹60.35 Cr | +3.20% | +4.10% | +8.12% |
| Bharti Telecom Ltd. | Communication | 1.58% | ₹49.65 Cr | +1.57% | +4.82% | — |
| HDFC Bank Ltd. | Financial | 1.56% | ₹49.09 Cr | +1.54% | — | — |
| Indian Bank | Financial | 1.55% | ₹48.80 Cr | — | — | — |
| HDB Financial Services Ltd. | Financial | 0.79% | ₹24.70 Cr | +0.79% | +4.82% | — |
| company:407 | Financial | 0.79% | ₹24.96 Cr | — | — | — |
| Indian Oil Corporation Ltd. | Energy | 0.64% | ₹20.07 Cr | +0.64% | +3.93% | +7.77% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.63% | ₹19.71 Cr | +0.63% | +3.85% | +7.63% |
| Food Corporation of India | Consumer Staples | 0.60% | ₹18.96 Cr | +0.61% | +3.73% | +7.32% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.48% | ₹15.31 Cr | +0.32% | +2.04% | +4.04% |
| Housing & Urban Development Corporation Ltd. | Financial | 0.33% | ₹10.26 Cr | +0.33% | +2.01% | +3.98% |
| Gujarat State | Construction | 0.32% | ₹10.18 Cr | +0.33% | — | — |
| Karnataka State | Others | 0.32% | ₹10.13 Cr | +0.78% | +4.81% | — |
| NHPC Ltd. | Energy | 0.32% | ₹10.19 Cr | +0.33% | +2.00% | +3.96% |
| NLC India Ltd. | Energy | 0.32% | ₹10.11 Cr | +0.32% | +1.99% | +3.95% |
| National Highways Authority of India Ltd. | Services | 0.32% | ₹10.20 Cr | +0.33% | +2.00% | +3.96% |
| Power Grid Corporation Of India Ltd. | Energy | 0.32% | ₹10.00 Cr | +0.32% | +1.96% | +3.87% |
| Union Bank of India | Financial | 0.31% | ₹9.66 Cr | +1.57% | +1.90% | — |
| GOI | Sovereign | 0.16% | ₹5.11 Cr | +0.16% | +1.00% | +1.95% |
| LIC Housing Finance Ltd. | Financial | 0.00% | ₹0.10 Cr | 0.00% | +0.02% | +0.04% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| National Bank For Agriculture & Rural Development | 0.81% | 8.42% | +7.61% |
| Small Industries Devp. Bank of India Ltd. | 4.87% | 2.39% | -2.48% |
| company:407 | 0.00% | 0.79% | +0.79% |
| Reserve Bank of India | 9.29% | 9.17% | -0.12% |
| Mahindra & Mahindra Financial Services Ltd. | 3.24% | 3.18% | -0.06% |
| Axis Bank Ltd. | 3.12% | 3.08% | -0.04% |
| Kotak Mahindra Bank Ltd. | 3.93% | 3.89% | -0.04% |
| Bharti Telecom Ltd. | 1.61% | 1.58% | -0.03% |
| Export-Import Bank Of India | 1.62% | 1.59% | -0.03% |
| Food Corporation of India | 0.62% | 0.60% | -0.02% |
| HDFC Bank Ltd. | 1.58% | 1.56% | -0.02% |
| Indian Bank | 1.57% | 1.55% | -0.02% |
| National Housing Bank | 1.62% | 1.60% | -0.02% |
| GOI | 0.17% | 0.16% | -0.01% |
| Gujarat State | 0.33% | 0.32% | -0.01% |
| HDB Financial Services Ltd. | 0.80% | 0.79% | -0.01% |
| Hindustan Petroleum Corporation Ltd. | 0.64% | 0.63% | -0.01% |
| Indian Oil Corporation Ltd. | 0.65% | 0.64% | -0.01% |
| Karnataka State | 0.33% | 0.32% | -0.01% |
| NHPC Ltd. | 0.33% | 0.32% | -0.01% |
| NLC India Ltd. | 0.33% | 0.32% | -0.01% |
| National Highways Authority of India Ltd. | 0.33% | 0.32% | -0.01% |
| Nuclear Power Corpn. Of India Ltd. | 0.17% | 0.16% | -0.01% |
| Others | 0.26% | 0.25% | -0.01% |
| Power Finance Corporation Ltd. | 0.81% | 0.80% | -0.01% |
| Power Grid Corporation Of India Ltd. | 0.33% | 0.32% | -0.01% |
| REC Ltd. | 0.50% | 0.49% | -0.01% |
| LIC Housing Finance Ltd. | 0.00% | 0.00% | 0.00% |
| Housing & Urban Development Corporation Ltd. | 0.33% | 0.33% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.04% | 0.04% | 0.00% |
| Union Bank of India | 0.31% | 0.31% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹5,539 Cr | 0.63% | 5.5% | 6.5% | 6.7% |
 Bandhan Banking and PSU Debt Fund | ₹12,014 Cr | 0.68% | 5.7% | 6.4% | 6.5% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,667 Cr | 0.74% | 4.9% | 6.3% | 6.6% |
 Kotak Banking and PSU Debt Fund | ₹4,937 Cr | 0.75% | 4.6% | 6.2% | 6.5% |
 UTI Banking & PSU Debt Fund | ₹1,508 Cr | 0.47% | 6.2% | 6.9% | 7.2% |
 Franklin India Banking & PSU Debt Fund | ₹567 Cr | 0.49% | 5.9% | 6.8% | 6.8% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
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.
Fund managers
- Dhawal DalalMr. Dalal is a B.E and MBA.Prior to joining Edelweiss AMC he has worked with DSP Mutual Fund, Merrill Lynch Asset Management, Private Client Group and MLAM.
- Kedar KarnikMr. Karnik is a BE and has done his Masters in Management Studies from Jamnalal Bajaj Institute of Management Studies.Prior to joining Edelwiess Mutual Fund he was associated with DSP MF, Axis Asset Management. He has also worked with HSBC and CRISIL Ltd..
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months2.89% absolute | ₹60,000 | ₹61,734 | 2.89% | |
| 1 year4.50% annualised | ₹1,20,000 | ₹1,22,966 | 2.47% | |
| 3 years6.71% annualised | ₹3,60,000 | ₹3,99,790 | 11.05% | |
| 5 years5.63% annualised | ₹6,00,000 | ₹6,94,349 | 15.72% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.