Home>Mutual Funds>Edelweiss Mutual Fund>Edelweiss Money Market Fund Institutional IDCW

Edelweiss Money Market Fund Institutional IDCW

Debt
Money Market
Low to Moderate Risk
2.99%
1Y return
+0.02% 1D
1M
6M
1Y
3Y
5Y
All
NAV: 10 Apr 2018₹15.35
Min. SIP AmountNA
Rating2star
Fund Size₹315.57 Cr

Holdings (15)

NameSectorInstrumentAssets
GOI
SovereignCGL16.3%
GOI
SovereignCGL8.1%
National Bank For Agriculture & Rural Development
FinancialCP7.9%
SBI Cards & Payments Services Ltd.
FinancialCP7.8%
Reserve Bank of India
FinancialT-Bills7.8%
IDFC First Bank Ltd.FinancialCD7.7%
Small Industries Devp. Bank of India Ltd.
FinancialCP7.7%
Kotak Mahindra Bank Ltd.FinancialCD6.5%
Power Finance Corporation Ltd.
FinancialCP6.0%
Axis Bank Ltd.FinancialCD4.7%
See All

Pros and cons

Category: Debt Money Market

Pros

  • Age is more than 10 years
  • Lower expense ratio - 0.9927694%
  • 3Y Returns are higher than the category average returns
  • 5Y Returns are higher than the category average returns
  • Exit load is zero

Cons

  • Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
  • 1Y Returns are lower than the category average returns

Expense ratio, exit load and tax

Expense ratio: 0.9927694%

Inclusive of GST

Exit load

Nil

Stamp duty

0.005% (from July 1st, 2020)

Tax implication

Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.

Understand termsinfo

Fund management

Dhawal Dalal
Nov 2016 - Present
View Details
keyboard_arrow_down
Gautam Kaul
Dec 2017 - Present
View Details
keyboard_arrow_down

Fund house & investment objective

keyboard_arrow_down

Fund house contact details

keyboard_arrow_down

Compare funds

Edelweiss Money Market Fund Institutional IDCW
VS
Add mutual fund to compare
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India