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This One Year Index Fund Has Given 4.45% Returns Since Its Inception - Should You Invest?

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In this article, have highlighted one medium to a long duration index fund. Medium duration debt funds may be unfamiliar to most debt mutual fund investors. Medium-term funds are required by SEBI to invest in debt and money market securities with a Macaulay duration of three to four years. Liquid funds, ultra short term funds, short term funds, banking & PSU funds, corporate funds, and so on are the most popular choices among investors. These funds invest for a long duration.

 

Edelweiss NIFTY PSU Bond Plus SDL Index Fund 2026 - Direct Plan-Growth

Edelweiss NIFTY PSU Bond Plus SDL Index Fund 2026 - Direct Plan-Growth

This is a year old medium to long-duration Index fund launched on 18th March 2021 by the Edelweiss Mutual Fund. it is an open-ended debt mutual fund scheme. It is a medium-sized fund of its category. The Fund has Rs 5398.02 crore Asset Under Management (AUM). The Net Asset Value (NAV) declared on 13th May 2022 is Rs 10.4544. Its expense ratio is less than its category average, standing at 0.16%. 

The fund is rated moderate risky for investment. You can start investing in this fund by investing Rs 5,000 as a lump-sum payment. The minimum additional investment amount is Rs 500. To start SIP in this fund, the amount required is Rs 500. There is no lock-in period. It charges 0.1% for redemption within 30 days of the investment. 

The fund's benchmark is the Nifty PSU Bond Plus SDL Apr 2026 50:50 Index. The scheme seeks to track the Nifty PSU Bond Plus SDL Apr 2026 50:50 Index by investing in AAA-rated PSU Bonds and SDLs, maturing on or before April 2026, subject to tracking errors.

Absolute And Annualised Returns
 

Absolute And Annualised Returns

Lump-Sum Investment Returns

Since its launch, it has delivered 3.93% average annual returns.

TenureAbsolute ReturnsAnnualised Returns
1 Year2.08%2.07%
Since Inception4.54%3.93%

 

Portfolio

Portfolio

The fund has a debt investment of 98.11 per cent, with 77.05 per cent in government securities and 21.06 per cent in funds with very low-risk securities. The fund's credit record is excellent, indicating that it has lent to borrowers of high quality. Because most funds in this category lend to similar borrowers, the risk of default is similar across the board. The top holdings of the fund are in the states of Karnataka, Tamil Nadu, Bihar, Rajasthan, and Gujarat.

Disclaimer

Disclaimer

Mutual fund investments are subject to market risk. Read all scheme related documents, and Terms and Conditions carefully before investing. The above-mentioned information is purely informational and doesn't guarantee any return. The Greynium Information Technologies and the Author are not liable for any losses caused as a result of a decision based on the article.

Story first published: Monday, May 16, 2022, 19:16 [IST]
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