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Edelweiss Money Market Fund Regular Dividend+0.01%

6.44%
1 Year Return
Debt
Dynamic
4.0star
6M
1Y
3Y
5Y
All

Fund Details

Edelweiss Money Market Fund Regular Dividend

RiskModerately Low
Min SIP Amount₹1000
Expense Ratio0.99%
NAV₹21.29 (15 Jan 2021)
Fund Started30 Jun 2008
Fund Size182 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
6.4%
8.4%
7.4%
6.7%
Category Average
5.4%
6.8%
7.0%
-
Rank Within Category
-
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount1,000
Amount Per Month₹5,000
Duration
1Y back
3Y back
5Y back
Would have become
0
with 6.4% returns per annum

Comparison

Data not available
Pros
1. Age is more than 10 years
2. Lower expense ratio
3. 1Y Returns are higher than the benchmark
4. 3Y Returns are higher than the benchmark
5. Exit load is zero
6. Age is more than 10 years
7. Lower expense ratio - 0.98%
8. 3Y Returns are higher than the category average returns
Cons
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. Risk is higher compared to the benchmark
3. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
4. 1Y Returns are lower than the category average returns
5. 10Y Returns are lower than the category average returns

Top Holdings

NameSectorInstrument% Assets
Reserve Bank of IndiaFinancialT-Bills22.9%
Reserve Bank of IndiaFinancialT-Bills16.4%
Reserve Bank of IndiaFinancialT-Bills11.9%
Cholamandalam Investment & Finance Co. Ltd.FinancialCP6.5%
ICICI Securities Ltd.FinancialCP6.5%
Axis Bank Ltd.FinancialCD6.5%
National Bank For Agriculture & Rural DevelopmentFinancialCD3.3%
L&T Finance Ltd.FinancialDebenture0.5%
Shriram City Union Finance Ltd.FinancialZCB0.2%

Fund Managers

Dhawal Dalal
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Gautam Kaul
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Edelweiss Money Market Fund Regular Dividend Details

Edelweiss Money Market Fund Regular 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 Regular Dividend fund.The fund currently has an Asset Under Management(AUM) of ₹182 Cr and the Latest NAV as of 15 Jan 2021 is ₹21.29.

The Edelweiss Money Market Fund Regular Dividend is rated Moderately Low risk. Minimum SIP Investment is set to 1000. Minimum Lumpsum Investment is 5000.

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.

Scheme Information Document(SID)

₹5000
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load

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About Edelweiss Mutual Fund

Address
Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
Phone
+91 22 40979900
Launch Date
30 Apr 2008
Edelweiss Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
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