HealthyDirect · GrowthFit for a long SIP
Edelweiss Banking and PSU Debt Fund
Edelweiss Mutual FundIncome/Debt Oriented Schemes - Banking and PSU Debt Fund9.9 years
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.
- NAV
- 27.1647
- 4 Nov 2026
- 1Y
- +4.1%
- Trailing CAGR
- AUM
- ₹3,136.53 Cr
- 30 Sept 2026
- Volatility
- Low
- 2.6% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 4 Nov 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · The fund beat the category median in 79% of rolling 3-year windows.
Fits if · Three-year return is above the category median.
Buy checklist
History depth
Pass
9.9 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.40% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -4.3%. Ask whether you can hold through a similar fall.
Vs category
Pass
79% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Kedar Karnik · 0.8 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 50.0% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+4.1%
- 3Y+7.0%
- 5Y+6.1%
- 10Yn/a
- SI+7.4%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+4.4%
- 3Y+6.0%
- 5Y+6.4%
- 10Yn/a
- Since inception
- +7.4%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +79%
- Windows beating the median
- 3Y percentile
- 77
- Vs comparable share classes
- SIP 3Y XIRR
- +6.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.6%
- 1682 daily-ending windows
- Median rolling 3Y
- +7.5%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1199 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -4.3%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +62%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 242 recovered episodes
- Longest recovery
- 103 days
- Trough to prior peak
9 Mar 2020 – 21 Apr 2020
Trough 23 Mar 2020 · recovered in 29 days
-4.3%
31 Mar 2022 – 17 Aug 2022
Trough 6 May 2022 · recovered in 103 days
-2.9%
8 Jan 2021 – 8 Apr 2021
Trough 26 Feb 2021 · recovered in 41 days
-2.8%
5 Aug 2020 – 3 Sept 2020
Trough 24 Aug 2020 · recovered in 10 days
-2.1%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
77
Vs category
50
Consistency
67
Risk-adjusted
54
Drawdown
89
Mean
68
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- The fund beat the category median in 79% of rolling 3-year windows.
- Three-year return is above the category median.
- Risk-adjusted return sits above the documented risk-free proxy.
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
30 Sept 2026 · 63 holdings · top 10 are 50.0%.
- Top 5
- 34.2%
- Top 10
- 50.0%
- Largest holding
- 9.2%
- Effective holdings
- 26.2
GOVERNMENT OF INDIA 37458 364 DAYS TBILL 28MY27 FV RS 100
Financial
9.2%
NATIONAL BANK FOR AGRICULTURE AND RURAL DEVELOPMENT SR 25G 7.48 BD 15SP28 FVRS1LAC
Financial
8.4%
NATIONAL HOUSING BANK 7.59 BD 14JL27 FVRS1LAC
Financial
6.4%
EXPORT IMPORT BANK OF INDIA SR AA02 7.35 BD 27JL28 FVRS1LAC
Financial
6.3%
KOTAK MAHINDRA BANK LIMITED CD 08JAN27
Financial
3.9%
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Nippon India Banking and PSU Debt Fund
Nippon India Mutual Fund
- 1Y
- +4.0%
- 3Y
- +7.0%
- Vol
- 1.7%
- Max DD
- -3.2%
- Sharpe
- 0.98
- 3Y win
- +82%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Lower TER
Caveat: Lower trailing returns
Aditya Birla Sun Life Banking & PSU Debt Fund
Aditya Birla Sun Life Mutual Fund
- 1Y
- +3.7%
- 3Y
- +6.8%
- Vol
- 1.6%
- Max DD
- -3.0%
- Sharpe
- 1.38
- 3Y win
- +84%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns
LIC MF Banking & PSU Debt Fund
LIC Mutual Fund
- 1Y
- +4.4%
- 3Y
- +7.2%
- Vol
- 1.2%
- Max DD
- -2.8%
- Sharpe
- 1.25
- 3Y win
- +33%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Sundaram Banking and PSU Debt Fund (Formerly Known as Sundaram Banking and PSU Fund)
Sundaram Mutual Fund
- 1Y
- +9.1%
- 3Y
- n/a
- Vol
- 1.3%
- Max DD
- -0.5%
- Sharpe
- 1.86
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
SBI BANKING & PSU DEBT FUND
SBI Mutual Fund
- 1Y
- +4.4%
- 3Y
- +7.1%
- Vol
- 1.4%
- Max DD
- -3.2%
- Sharpe
- 1.31
- 3Y win
- +50%
- Lower volatility
- Shallower drawdown
- Higher trailing returns
Caveat: Higher TER