Fund Details
Edelweiss Money Market Fund Institutional Dividend
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | Not Supported |
| Expense Ratio | 0.99% |
| NAV | ₹15.35 (10 Apr 2018) |
|---|---|
| Fund Started | 30 Jun 2008 |
| Fund Size | ₹182 Cr |
Returns
Comparison
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Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 22.9% |
| Reserve Bank of India | Financial | T-Bills | 16.4% |
| Reserve Bank of India | Financial | T-Bills | 11.9% |
| Cholamandalam Investment & Finance Co. Ltd. | Financial | CP | 6.5% |
| ICICI Securities Ltd. | Financial | CP | 6.5% |
| Axis Bank Ltd. | Financial | CD | 6.5% |
| National Bank For Agriculture & Rural Development | Financial | CD | 3.3% |
| L&T Finance Ltd. | Financial | Debenture | 0.5% |
| Shriram City Union Finance Ltd. | Financial | ZCB | 0.2% |
Fund Managers
Edelweiss Money Market Fund Institutional Dividend Details
Edelweiss Money Market Fund Institutional Dividend is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 30 Jun 2008. Dhawal Dalal, Gautam Kaul is the Current Fund Manager of Edelweiss Money Market Fund Institutional Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹182 Cr and the Latest NAV as of 10 Apr 2018 is ₹15.35.
The Edelweiss Money Market Fund Institutional Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 500.
Investment Objective
The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
