Edelweiss Banking and PSU Debt Fund vs Edelweiss Ultra Short to Short term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Banking and PSU Debt Fund is a Banking & PSU fund and Edelweiss Ultra Short to Short term Fund is a Low Duration fund. In the year to 30-10-2026, Edelweiss Banking and PSU Debt Fund (Direct) returned 4.0% and Edelweiss Ultra Short to Short term Fund (Direct) returned 5.9%. Edelweiss Banking and PSU Debt Fund charges 0.40% a year and Edelweiss Ultra Short to Short term Fund 0.25% (Direct plans). Their portfolios overlap 17.9%: they hold 8 of the same securities.
Edelweiss Banking and PSU Debt Fund
Banking & PSU
- 1 year return
- 4.0%
- Expense ratio
- 0.40%
- NAV
- ₹27.11
Edelweiss Ultra Short to Short term Fund
Low Duration
- 1 year return
- 5.9%
- Expense ratio
- 0.25%
- NAV
- ₹1,109.88
Which is better, Edelweiss Banking and PSU Debt or Edelweiss Ultra Short to Short term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Ultra Short to Short term returned more over 1 year: 5.9% against 4.0%.
- Edelweiss Ultra Short to Short term costs less: 0.25% a year against 0.40% (Direct plans).
- Edelweiss Ultra Short to Short term fell less in its worst fall since 21-03-2025: −0.2% against −0.7%.
- Edelweiss Banking and PSU Debt is the larger fund: ₹3,137 Cr against ₹454 Cr.
- Their portfolios overlap 17.9%: 8 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Edelweiss Banking and PSU Debt Fund | Edelweiss Ultra Short to Short term Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Edelweiss Mutual Fund |
| Category | Banking & PSU | Low Duration |
| AUM | ₹3,137 Cr (30-09-2026) | ₹454 Cr (30-09-2026) |
| NAV | ₹27.11 (Direct) | ₹1,109.88 (Direct) |
| Expense ratio (Direct) | 0.40% | 0.25% |
| Expense ratio (Regular) | 0.73% | 0.97% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL Banking and PSU Debt A-II Index | CRISIL Low Duration Debt A-I Index |
| Launch date | 13-09-2013 | 20-03-2025 |
| Minimum investment | ₹100 | ₹100 |
| Lock in | None | None |
| Fund managers | Dhawal Dalal, Kedar Karnik | Hetul Raval, Kedar Karnik |
| Exit load | Nil | Nil |
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Edelweiss Banking and PSU Debt Fund (Direct) | −0.04% | +0.67% | +2.62% | +4.02% | +7.00% | +6.03% | -- |
| Edelweiss Ultra Short to Short term Fund (Direct) | +0.18% | +1.15% | +2.98% | +5.86% | -- | -- | -- |
| Banking & PSU average | −0.21% | +0.14% | +2.36% | +4.04% | +6.88% | +6.22% | -- |
| Low Duration average | +0.18% | +1.12% | +2.95% | +5.79% | -- | -- | -- |
Category average: the average of the 19 Banking & PSU funds and the 25 Low Duration funds, same plan type.
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: Year-wise Returns
| Year | Banking and PSU DebtEdelweiss Banking and PSU Debt | Ultra Short to Short termEdelweiss Ultra Short to Short term |
|---|---|---|
| 2026to date | +3.35% | +4.77% |
| 2025 | +7.71% | -- |
| 2024 | +8.53% | -- |
| 2023 | +6.74% | -- |
| 2022 | +2.92% | -- |
| 2021 | +4.86% | -- |
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 1-year holding period, 147 of them, one for each trading day from 23-03-2026 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Banking and PSU Debt Fund (Direct)
Edelweiss Ultra Short to Short term Fund (Direct)
to
Apr 2026May 2025
to
May 2026Jun 2025
to
Jun 2026Jul 2025
to
Jul 2026Sept 2025
to
Sept 2026Oct 2025
to
Oct 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Banking and PSU Debt | 0.0 | 78.2 | 21.8 | 0.0 | 0.0 | 0.0 | 0.0 | 4.5% | 4.5% | 3.0% | 6.1% |
| Edelweiss Ultra Short to Short term | 0.0 | 0.0 | 100.0 | 0.0 | 0.0 | 0.0 | 0.0 | 6.2% | 6.2% | 5.8% | 6.8% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 21-03-2025. Past returns do not promise future returns.
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-03-2025 to 30-10-2026: 20 instalments, ₹2,00,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Banking and PSU DebtEdelweiss Banking and PSU Debt Fund (Direct) | ₹2,00,000 | ₹2,07,835 | ₹7,835 | 4.5% |
| Edelweiss Ultra Short to Short termEdelweiss Ultra Short to Short term Fund (Direct) | ₹2,00,000 | ₹2,10,457 | ₹10,457 | 6.0% |
Edelweiss Banking and PSU DebtEdelweiss Banking and PSU Debt Fund (Direct)
Edelweiss Ultra Short to Short termEdelweiss Ultra Short to Short term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Banking and PSU Debt Fund (Direct) | Edelweiss Ultra Short to Short term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +4.02% | +5.86% |
| Standard deviation | 1.09% | 0.60% |
| Sharpe ratio | -1.12 | 1.03 |
| Sortino ratio | -1.52 | 1.52 |
| Maximum drawdown | −0.7% (02-04-2026) | −0.2% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
| Measure | Edelweiss Banking and PSU Debt Fund (Direct) | Edelweiss Ultra Short to Short term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.34% | +6.64% |
| Standard deviation | 2.58% | 0.57% |
| Sharpe ratio | 0.76 | 2.13 |
| Sortino ratio | 1.13 | 3.51 |
| Maximum drawdown | −4.3% (23-03-2020) | −0.2% (21-05-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-11-2016 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Edelweiss Banking and PSU Debt Fund (Direct)
Edelweiss Ultra Short to Short term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Banking and PSU Debt Fund (Direct) | −0.7% | 06-06-2025 | 13-06-2025 | 18-07-2025 | 35 days | −0.2% |
| Edelweiss Ultra Short to Short term Fund (Direct) | −0.2% | 11-05-2026 | 21-05-2026 | 29-05-2026 | 8 days | −0.0% |
From daily values since 21-03-2025, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Banking and PSU Debt Fund (Direct)
Edelweiss Ultra Short to Short term Fund (Direct)
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Banking and PSU Debt Fund, September 2026; Edelweiss Ultra Short to Short term Fund, September 2026
Holdings in common
- Overlap
- 17.9%
- Held by both
- 8
- Only in Edelweiss Banking and PSU Debt
- 52
- Only in Edelweiss Ultra Short to Short term
- 15
| Security | % of Edelweiss Banking and PSU Debt | % of Edelweiss Ultra Short to Short term |
|---|---|---|
| 7.35% EXIM BANK SR AA02 NCD 27-07-2028 | 6.35% | 5.49% |
| KOTAK MAHINDRA BANK CD RED 08-01-2027 | 3.91% | 5.41% |
| 7.51% SIDBI SR V NCD RED 12-06-2028 | 3.17% | 5.48% |
| 7.59%NATIONAL HOUSING BANK NCD 08-09-27 | 1.60% | 5.51% |
| 7.30% BHARTI TELE XXVII 01-12-27 | 1.58% | 5.45% |
| INDIAN BANK CD RED 12-01-2027 | 1.56% | 5.40% |
| UNION BANK OF INDIA CD 12-03-27 | 0.31% | 5.34% |
| SBI CDMDF--A2 | 0.25% | 0.32% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 17.9% means 17.9% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Edelweiss Banking and PSU Debt Fund
| Security | % of fund |
|---|---|
| 364 DAYS TBILL RED 28-05-2027 | 9.20% |
| 7.48% NABARD NCD SR 25G RED 15-09-2028 | 8.40% |
| 7.59%NATIONAL HOUSING BANK R 14-07-2027 | 6.38% |
| 7.9% MAH & MAH FIN AB2026 21-02-28 | 3.18% |
| 7.35%BHARTI TELECO SRXXV 15-10-27 | 3.16% |
Largest holdings only in Edelweiss Ultra Short to Short term Fund
| Security | % of fund |
|---|---|
| 7.25% MAHARASHTRA SDL RED 28-12-2026 | 5.53% |
| 7.74% HPCL NCD RED 02-03-2028 | 5.53% |
| 8.75% PIRAMAL FINANCE LTD 29-10-27 | 5.51% |
| 7.1104% ADITYA BIRLA HSG SR D1 R30-07-27 | 5.47% |
| 7.123% TATA CAP HSG FI SR B R 21-07-2027 | 5.47% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Banking and PSU Debt | Edelweiss Ultra Short to Short term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 96.8% | 96.7% |
| Cash and others | 3.2% | 3.3% |
Edelweiss Banking and PSU Debt vs Edelweiss Ultra Short to Short term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Banking and PSU Debt Fund | Edelweiss Ultra Short to Short term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.40% | 0.25% |
| Base expense ratio (Direct) | 0.33% | 0.21% |
| Total expense ratio (Regular) | 0.73% | 0.97% |
| Base expense ratio (Regular) | 0.61% | 0.83% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Edelweiss Banking and PSU Debt with
Compare Edelweiss Ultra Short to Short term with
- Edelweiss Ultra Short to Short term vs HSBC Ultra Short to Short Term
- Edelweiss Ultra Short to Short term vs Nippon India Ultra Short to Short Term
- Edelweiss Ultra Short to Short term vs Axis Ultra Short to Short Term
- Edelweiss Ultra Short to Short term vs Kotak Ultra Short to Short Term
- Edelweiss Ultra Short to Short term vs Mirae Asset Ultra Short to Short Term
Edelweiss Banking and PSU Debt Fund vs Edelweiss Ultra Short to Short term Fund: Frequently Asked Questions
What is the difference between Edelweiss Banking and PSU Debt Fund and Edelweiss Ultra Short to Short term Fund?
Edelweiss Banking and PSU Debt Fund is a Banking & PSU fund, Edelweiss Ultra Short to Short term Fund is a Low Duration fund, run by Edelweiss Mutual Fund. Their portfolios overlap 17.9%. Edelweiss Banking and PSU Debt Fund charges 0.40% a year and Edelweiss Ultra Short to Short term Fund 0.25%.
Which has given higher returns, Edelweiss Banking and PSU Debt Fund or Edelweiss Ultra Short to Short term Fund?
Over 1 year: Edelweiss Banking and PSU Debt Fund +4.02%, Edelweiss Ultra Short to Short term Fund +5.86%. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Banking and PSU Debt Fund or Edelweiss Ultra Short to Short term Fund?
Edelweiss Ultra Short to Short term Fund charges less: 0.25% a year against 0.40%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Banking and PSU Debt Fund and Edelweiss Ultra Short to Short term Fund overlap?
17.9%. They hold 8 of the same securities, the largest shared ones being 7.35% EXIM BANK SR AA02 NCD 27-07-2028, KOTAK MAHINDRA BANK CD RED 08-01-2027, 7.51% SIDBI SR V NCD RED 12-06-2028. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Banking and PSU Debt Fund or Edelweiss Ultra Short to Short term Fund?
On SEBI's riskometer, Edelweiss Banking and PSU Debt Fund is rated Low to Moderate and Edelweiss Ultra Short to Short term Fund Low to Moderate. Over 1 years, the standard deviation of daily returns was 1.09% and 0.60% a year.
Can I invest in both Edelweiss Banking and PSU Debt Fund and Edelweiss Ultra Short to Short term Fund?
Yes. 17.9% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Banking and PSU Debt Fund and Edelweiss Ultra Short to Short term Fund?
Edelweiss Banking and PSU Debt Fund: Dhawal Dalal, Kedar Karnik. Edelweiss Ultra Short to Short term Fund: Hetul Raval, Kedar Karnik.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.