Edelweiss Banking and PSU Debt Fund
This is the Regular plan of Edelweiss Banking and PSU Debt Fund — bought through a distributor, whose commission is paid out of its expense ratio. Income is distributed monthly, which is why this NAV sits below the growth plan of the same fund.
This is the IDCW (dividend) option — it pays its earnings out as dividends rather than reinvesting them, so every payout steps the NAV down and the return figures below leave those payouts out. Your actual return was higher by whatever was distributed. That’s expected for a payout plan, not missing data.
View the Growth plan for compounded returns (+6.66% 3Y CAGR)NAV history
Scorecard
Not ratedHow this is computed
Each verdict is computed from this fund's own metrics against its sub-category — the number behind it is shown, not a black-box rating. Not rated — too few comparable Debt funds (same plan and option) to rank against yet.
Not enough Banking and PSU Fund peers to rank yet
Volatility 2.7% (no category average yet)
0.7% expense (no category average yet)
55% of rolling 3Y windows were positive
Strengths & concerns
Generated from this fund's own numbers against its sub-category — each point names the figure behind it.
Strengths
No standout strengths identified.
Concerns
- Positive in only 55% of rolling 3-year windows
Key Metrics
Scheme Info
DefinitionsPeriod returns (<1Y, absolute — not annualized)
DefinitionsAnnualized returns (≥1Y — CAGR)
DefinitionsAdvanced metrics — risk
Fund vs category average (Banking and PSU Fund)
| Period | Fund | Category avg. | Diff |
|---|---|---|---|
| 1M abs | -0.15% | — | — |
| 3M abs | -0.03% | — | — |
| 6M abs | +0.80% | — | — |
| 1Y CAGR | -0.10% | — | — |
| 3Y CAGR | -0.02% | — | — |
| 5Y CAGR | -0.16% | — | — |
Category average across peers in Banking and PSU Fund, same plan and option, excluding this fund. Under-1-year figures are absolute; 1Y and beyond are annualised (CAGR).
Not sure what a figure means? The glossary explains every metric, and the methodology shows the formulas.
Backtest this fund
What a SIP or one-time investment would have grown to over this fund’s real NAV history.
60 monthly installments of ₹10,000 into Edelweiss Banking and PSU Debt Fund, valued at the latest NAV. XIRR annualizes for each installment’s timing.
Calendar-year returns
What the fund actually returned in each year, not the smoothed average.
| Year | Fund | |
|---|---|---|
| 2026part | +0.13% | |
| 2025 | -0.07% | |
| 2024 | +0.07% | |
| 2023 | -0.03% | |
| 2022 | -0.88% | |
| 2021 | -0.66% | |
| 2020 | -4.03% | |
| 2019 | +12.92% | |
| 2018 | +1.25% | |
| 2017 | -0.14% |
January–December, from this fund's NAV history. Absolute return, not annualised. “part” marks a year the fund didn't run end to end — its first year, the current year so far, or one it stopped reporting in.
Taxation
Taxed as debtThis is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — every rupee of gain is added to your income and taxed at your income-tax slab rate, whatever the holding period.
Your income-tax slab — no LTCG or indexation benefit
Pick your slab to see the rate that applies to you.
Applies to capital gains on redemption. Excludes IDCW/dividend tax, STT, surcharge and cess, and pre-2018 equity grandfathering. For research only — consult a tax advisor before filing.
Asset allocation
As on 31 Aug 2026 · AMC disclosure- Debt96.42%
- Cash & Equivalents3.58%
Cash & cash-like: 24.95% — the 3.58% above plus treasury bills, certificates of deposit, commercial paper and TREPS, which the allocation files under Debt but the market counts as cash-equivalent.
Fund size over time
Quarterly average AUM · AMFIAt or near its largest, ₹2,277Cr in April - June 2026. Size matters most where the mandate is narrow — a large small-cap or a very large flexi-cap book is harder to move without moving the price.
AMC Profile
Edelweiss Mutual Fund is the asset management arm of the Edelweiss Group. It absorbed JPMorgan's Indian schemes in 2016, and is known for running most of the industry's overseas feeder funds alongside its domestic equity and debt range.
Fund Managers
DDDhawal DalalManaging since 26 Nov 2016
CIO – Fixed Income
B.E. (Ahmedabad, Gujarat University) and MBA (University of Dallas, Irving)
Mr. Dhawal Dalal, aged 53 years, is a B.E. (Gujarat University, Ahmedabad), and MBA (University of Dallas, Texas, USA) by qualification and has an overall work experience of 25+ years mostly in the fixed income investment & research function. Mr. Dalal has joined Edelweiss AMC as Chief Investment Officer – Fixed Income in October 2016 and is key personnel. Prior to joining Edelweiss AMC, he was associated with DSP BlackRock Investment Managers Pvt.Ltd as Executive Vice President and Head of Fixed Income from January 2012 to July 2016, as Sr. Vice President and Head of Fixed Income schemes from January 2006 to December 2011 and as Asst. Vice President for fixed income products from May 1998 to December 2005. Prior to that he was associated with Merrill Lynch Investment Managers as Assistant Portfolio Manager, from August 1996 to April 1998.
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KKKedar KarnikManaging since 15 Jan 2026
Mr. Kedar Karnik has over 20 years of experience and oversees fixed income strategies at Edelweiss AMC, which he joined in December 2025. His expertise spans fund management and credit analysis across institutions like DSP, Axis, HSBC and CRISIL. He has played a key role in scaling liquid and money market fund strategies, with several funds earning industry recognition.
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Fund managers from the AMC's filed Scheme Summary — its most recent filing for this scheme. Benchmark and dealing terms from it and this scheme's SEBI-filed Scheme Information Document on AMFI. Each manager's qualifications and role are reconciled across every filing this fund house makes for them, including its Statement of Additional Information. Total AUM via AMFI.
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Returns and risk are computed from NAV history and may differ slightly from other portals due to methodology (rolling vs point-to-point, dividend treatment). For research only — not investment advice.
About Banking & PSU funds
Banking and PSU funds must keep at least 80% in the debt of banks, public sector undertakings, public financial institutions and municipal bonds. That issuer restriction is the category: it targets high-rated, quasi-sovereign borrowers, so credit risk is low and the main risk left is interest rates.
Frequently asked questions
What is the NAV of Edelweiss Banking and PSU Debt Fund?
As of 05 Oct 2026, the NAV of Edelweiss Banking and PSU Debt Fund is ₹11.17 per unit. NAV (net asset value) is the fund's per-unit price, published once each business day.
What returns has Edelweiss Banking and PSU Debt Fund delivered?
Edelweiss Banking and PSU Debt Fund has returned -0.10% over 1 year, -0.02% per year over 3 years, -0.16% per year over 5 years and +0.69% per year since inception. Figures beyond one year are annualised (CAGR) and are computed from AMFI NAV history, so they may differ slightly from other portals.
What is the expense ratio of Edelweiss Banking and PSU Debt Fund?
Edelweiss Banking and PSU Debt Fund charges an expense ratio of 0.73% per year. This annual fee is already deducted from the NAV, so the returns you see are net of it.
What are the top holdings of Edelweiss Banking and PSU Debt Fund?
Edelweiss Banking and PSU Debt Fund's largest holdings are 364 DAYS TBILL RED 28-05-2027 (9.2%), 7.48% NABARD NCD SR 25G RED 15-09-2028 (8.4%), 7.59%NATIONAL HOUSING BANK R 14-07-2027 (6.4%), 7.35% EXIM BANK SR AA02 NCD 27-07-2028 (6.4%) and KOTAK MAHINDRA BANK CD RED 08-01-2027 (3.9%). Holdings are disclosed monthly and change over time.
How risky is Edelweiss Banking and PSU Debt Fund?
Edelweiss Banking and PSU Debt Fund is rated low to moderate on SEBI's risk-o-meter, its trailing-3Y volatility (annualised) is 2.7% and its worst peak-to-trough fall in our sample was -16.8%. Higher volatility means the NAV swings more; the drawdown shows how far it has fallen from a peak historically.
What does the Sharpe ratio of -2.44 mean?
The Sharpe ratio is return earned per unit of total risk, above a 6.5% risk-free rate. Edelweiss Banking and PSU Debt Fund's -2.44 means it has not compensated investors for its volatility over the window. Higher is better.
What is the benchmark of Edelweiss Banking and PSU Debt Fund?
Edelweiss Banking and PSU Debt Fund is benchmarked against the CRISIL Banking and PSU Debt A-II Index. Its alpha and beta on this page are measured against that index.
Who manages Edelweiss Banking and PSU Debt Fund?
Edelweiss Banking and PSU Debt Fund is managed by Dhawal Dalal and Kedar Karnik at Edelweiss.
How is Edelweiss Banking and PSU Debt Fund taxed?
Edelweiss Banking and PSU Debt Fund is a debt / non-equity fund. Since April 2023 there is no long-term or indexation benefit — capital gains are added to your income and taxed at your income-tax slab rate regardless of how long you held the units.