Fund Details
Edelweiss Money Market Fund Regular Dividend
| Risk | Moderately Low |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.99% |
| NAV | ₹21.29 (15 Jan 2021) |
|---|---|
| Fund Started | 30 Jun 2008 |
| Fund Size | ₹182 Cr |
Returns
Comparison
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
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
| 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 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.
