Fund Details
Edelweiss Money Market Fund Regular IDCW
| Risk | Low to Moderate |
|---|---|
| Min SIP Amount | ₹1000 |
| Expense Ratio | 0.98% |
| NAV | ₹21.50 (12 May 2021) |
|---|---|
| Fund Started | 30 Jun 2008 |
| Fund Size | ₹319 Cr |
Returns
Comparison
1. Age is more than 10 years
2. Lower expense ratio - 0.98%
3. 3Y Returns are higher than the category average returns
4. 5Y Returns are higher than the category average returns
5. Exit load is zero
1. Asset under management(AUM) is less than 200 Crs. Watch expense ratio when AUM is very low
2. 1Y Returns are lower than the category average returns
3. 10Y Returns are lower than the category average returns
Top Holdings
| Name | Sector | Instrument | % Assets |
|---|---|---|---|
| Reserve Bank of India | Financial | T-Bills | 9.6% |
| National Bank For Agriculture & Rural Development | Financial | CP | 9.6% |
| SBI Cards & Payments Services Ltd. | Financial | CP | 9.5% |
| Small Industries Devp. Bank of India Ltd. | Financial | CP | 9.3% |
| Kotak Mahindra Bank Ltd. | Financial | CD | 7.9% |
| Reserve Bank of India | Financial | T-Bills | 7.7% |
| Power Finance Corpn. Ltd. | Financial | CP | 7.3% |
| Axis Bank Ltd. | Financial | CD | 5.7% |
| Export-Import Bank Of India | Financial | CD | 5.7% |
| LIC Housing Finance Ltd. | Financial | CP | 5.7% |
Fund Managers
Edelweiss Money Market Fund Regular IDCW Details
Edelweiss Money Market Fund Regular IDCW 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 IDCW fund.The fund currently has an Asset Under Management(AUM) of ₹319 Cr and the Latest NAV as of 12 May 2021 is ₹21.50.
The Edelweiss Money Market Fund Regular IDCW is rated Low to Moderate 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.
