Edelweiss Banking and PSU Debt Fund
- NAV as on 9 Nov 2026
- ₹26.18+0.07%1 day
- Return since launch
- 7.6%
- 52-week range
- ₹25.18 — ₹26.16
- AUM
- ₹3,142 Cr
Edelweiss Banking and PSU Debt Fund is a Banking and PSU debt fund from Edelweiss Mutual Fund with ₹3,142 Cr under management, launched in 2013. Over three years it has returned 5.8% a year, against 6.6% for its category. The expense ratio is 0.73% 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 +3.9% against +4.1% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 4.3% | +0.2 pts | 4.1% | 4.3% |
| 2Y | 4.9% | −0.1 pts | 5.0% | 5.0% |
| 3Y | 5.8% | −0.9 pts | 6.6% | 5.8% |
| 5Y | 6.2% | +0.3 pts | 5.9% | 6.2% |
| 7Y | 6.1% | 0.0 pts | 6.0% | 6.0% |
| 10Y | 6.7% | +0.1 pts | 6.6% | 6.3% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.3% | −0.2 pts | 0.5% | 0.5% |
| 3M | 0.7% | +0.3 pts | 0.4% | 0.4% |
| 6M | 2.7% | +0.1 pts | 2.6% | 2.6% |
| 1Y | 3.9% | −0.2 pts | 4.1% | 4.2% |
| 2Y | 5.8% | −0.1 pts | 5.9% | 5.9% |
| 3Y | 6.7% | +0.1 pts | 6.6% | 6.7% |
| 5Y | 5.7% | −0.1 pts | 5.9% | 5.9% |
| 7Y | 6.7% | +0.5 pts | 6.2% | 6.1% |
| 10Y | 7.1% | +0.5 pts | 6.6% | 6.6% |
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 6 Nov 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 | 0.56 | 0.83 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 0.94 | 1.41 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 1.65 | 1.35 | 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 30 Sep 2026
Asset allocation
- Debt96.3%
- Other3.7%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| Reserve Bank of India | Financial | 9.20% | ₹289 Cr | +9.23% | — | — |
| National Bank For Agriculture & Rural Development | Financial | 8.40% | ₹264 Cr | +0.81% | +5.38% | — |
| National Housing Bank | Financial | 7.98% | ₹250 Cr | +3.26% | +8.60% | — |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.34% | ₹199 Cr | +14.61% | +12.90% | — |
| REC Ltd. | Financial | 5.24% | ₹164 Cr | +1.53% | +9.99% | +16.80% |
| Power Finance Corporation Ltd. | Financial | 4.24% | ₹133 Cr | +2.43% | +16.17% | +10.74% |
| Kotak Mahindra Bank Ltd. | Financial | 3.91% | ₹123 Cr | +3.90% | — | — |
| Indian Railway Finance Corporation Ltd. | Financial | 3.23% | ₹101 Cr | +0.12% | +0.81% | +1.38% |
| Others | Others | 3.21% | ₹98.56 Cr | +0.20% | +1.45% | +1.80% |
| Mahindra & Mahindra Financial Services Ltd. | Financial | 3.18% | ₹99.63 Cr | +3.24% | — | — |
| Axis Bank Ltd. | Financial | 3.10% | ₹97.33 Cr | +3.09% | — | — |
| Export-Import Bank Of India | Financial | 2.54% | ₹79.76 Cr | +4.86% | +6.72% | +11.34% |
| Bharti Telecom Ltd. | Communication | 1.58% | ₹49.61 Cr | +1.61% | +5.31% | — |
| HDFC Bank Ltd. | Financial | 1.57% | ₹49.37 Cr | +1.57% | — | — |
| Indian Bank | Financial | 1.56% | ₹49.07 Cr | +1.56% | — | — |
| Bajaj Finance Ltd. | Financial | 0.79% | ₹24.89 Cr | — | — | — |
| HDB Financial Services Ltd. | Financial | 0.78% | ₹24.61 Cr | +0.80% | +5.31% | — |
| Indian Oil Corporation Ltd. | Energy | 0.64% | ₹19.96 Cr | +0.65% | +4.30% | +7.22% |
| Hindustan Petroleum Corporation Ltd. | Energy | 0.62% | ₹19.60 Cr | +0.64% | +4.21% | +7.09% |
| Food Corporation of India | Consumer Staples | 0.60% | ₹18.88 Cr | +0.62% | +4.10% | +6.83% |
| Nuclear Power Corpn. Of India Ltd. | Energy | 0.48% | ₹15.27 Cr | +0.34% | +2.22% | +3.74% |
| Gujarat State | Construction | 0.32% | ₹10.12 Cr | +0.33% | — | — |
| Housing & Urban Development Corporation Ltd. | Financial | 0.32% | ₹10.18 Cr | +0.33% | +2.20% | +3.70% |
| Karnataka State | Others | 0.32% | ₹10.08 Cr | +0.33% | +5.25% | — |
| NHPC Ltd. | Energy | 0.32% | ₹10.15 Cr | +0.33% | +2.19% | +3.69% |
| NLC India Ltd. | Energy | 0.32% | ₹10.08 Cr | +0.33% | +2.18% | +3.67% |
| National Highways Authority of India Ltd. | Services | 0.32% | ₹10.17 Cr | +0.33% | +2.20% | +3.69% |
| Power Grid Corporation Of India Ltd. | Energy | 0.32% | ₹9.94 Cr | +0.33% | +2.14% | +3.60% |
| Union Bank of India | Financial | 0.31% | ₹9.71 Cr | +0.31% | +2.12% | — |
| GOI | Sovereign | 0.16% | ₹5.02 Cr | +0.17% | +1.08% | +1.82% |
| LIC Housing Finance Ltd. | Financial | 0.00% | ₹0.10 Cr | 0.00% | +0.02% | +0.04% |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Reserve Bank of India | 9.17% | 9.20% | +0.03% |
| Axis Bank Ltd. | 3.08% | 3.10% | +0.02% |
| Kotak Mahindra Bank Ltd. | 3.89% | 3.91% | +0.02% |
| National Bank For Agriculture & Rural Development | 8.42% | 8.40% | -0.02% |
| HDB Financial Services Ltd. | 0.79% | 0.78% | -0.01% |
| HDFC Bank Ltd. | 1.56% | 1.57% | +0.01% |
| Hindustan Petroleum Corporation Ltd. | 0.63% | 0.62% | -0.01% |
| Housing & Urban Development Corporation Ltd. | 0.33% | 0.32% | -0.01% |
| Indian Bank | 1.55% | 1.56% | +0.01% |
| LIC Housing Finance Ltd. | 0.00% | 0.00% | 0.00% |
| Bajaj Finance Ltd. | 0.79% | 0.79% | 0.00% |
| Bharti Telecom Ltd. | 1.58% | 1.58% | 0.00% |
| Export-Import Bank Of India | 1.59% | 1.59% | 0.00% |
| Food Corporation of India | 0.60% | 0.60% | 0.00% |
| GOI | 0.16% | 0.16% | 0.00% |
| Gujarat State | 0.32% | 0.32% | 0.00% |
| Indian Oil Corporation Ltd. | 0.64% | 0.64% | 0.00% |
| Indian Railway Finance Corporation Ltd. | 0.04% | 0.04% | 0.00% |
| Karnataka State | 0.32% | 0.32% | 0.00% |
| Mahindra & Mahindra Financial Services Ltd. | 3.18% | 3.18% | 0.00% |
| NHPC Ltd. | 0.32% | 0.32% | 0.00% |
| NLC India Ltd. | 0.32% | 0.32% | 0.00% |
| National Highways Authority of India Ltd. | 0.32% | 0.32% | 0.00% |
| National Housing Bank | 1.60% | 1.60% | 0.00% |
| Nuclear Power Corpn. Of India Ltd. | 0.16% | 0.16% | 0.00% |
| Others | 0.25% | 0.25% | 0.00% |
| Power Finance Corporation Ltd. | 0.80% | 0.80% | 0.00% |
| Power Grid Corporation Of India Ltd. | 0.32% | 0.32% | 0.00% |
| REC Ltd. | 0.49% | 0.49% | 0.00% |
| Small Industries Devp. Bank of India Ltd. | 2.39% | 2.39% | 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 | ₹5,324 Cr | 0.62% | 5.0% | 6.3% | 6.6% |
 Bandhan Banking and PSU Debt Fund | ₹11,848 Cr | 0.68% | 5.1% | 6.2% | 6.4% |
 ICICI Prudential Banking and PSU Debt Fund | ₹8,082 Cr | 0.72% | 4.4% | 6.0% | 6.5% |
 Kotak Banking and PSU Debt Fund | ₹4,675 Cr | 0.75% | 4.4% | 6.0% | 6.4% |
 UTI Banking & PSU Debt Fund | ₹1,448 Cr | 0.46% | 5.9% | 6.7% | 7.0% |
 Franklin India Banking & PSU Debt Fund | ₹565 Cr | 0.49% | 5.0% | 6.4% | 6.6% |
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 months2.72% absolute | ₹60,000 | ₹61,632 | 2.72% | |
| 1 year3.88% annualised | ₹1,20,000 | ₹1,22,552 | 2.13% | |
| 3 years6.72% annualised | ₹3,60,000 | ₹3,99,853 | 11.07% | |
| 5 years5.74% annualised | ₹6,00,000 | ₹6,96,373 | 16.06% |
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.