| NAV: 17 May 2022 | ₹25.28 |
| Min. SIP amount | ₹500 |
| Rating | NA |
| Fund size | ₹314.75Cr |
Returns and rankings
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 3.3% | 6.7% | 6.7% | 7.6% |
| Category average | 3.7% | 6.3% | 6.5% | NA |
| Rank with in category | 14 | NA | NA | NA |
Holdings (11)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Godrej & Boyce Mfg. Co. Ltd. | Diversified | CP | 8.0% |
| HDFC Securities Ltd. | Financial | CP | 8.0% |
Axis Bank Ltd. | Financial | CD | 8.0% |
| ICICI Securities Ltd. | Financial | CP | 8.0% |
| Reliance Jio Infocomm Ltd. | Communication | CP | 8.0% |
Cholamandalam Investment & Finance Company Ltd. | Financial | CP | 7.9% |
HDFC Bank Ltd. | Financial | CD | 7.9% |
LIC Housing Finance Ltd. | Financial | CP | 7.9% |
Canara Bank | Financial | CD | 7.9% |
Kotak Mahindra Bank Ltd. | Financial | CD | 7.7% |
Expense ratio, exit load and tax
Expense ratio: 0.16%
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.
Minimum investment amounts
| Min. for 1st investment | ₹5,000 |
| Min. for 2nd investment onwards | ₹500 |
| Min. for SIP | ₹500 |
Fund management
Dhawal DalalNov 2016 - PresentView details
Pranavi KulkarniNov 2021 - PresentView details
Fund house & investment objective
Fund house contact details
Compare funds
FAQs
How to Invest in Edelweiss Money Market Fund Direct IDCW Yearly?
You can easily invest in Edelweiss Money Market Fund Direct IDCW Yearly in a hassle-free manner on Groww. The process is extremely simple, quick and completely paperless. Invest in a few minutes with the following steps:
- Log on to your Groww account
- Search for Edelweiss Money Market Fund Direct IDCW Yearly from the search box
- In order to invest, you will have to complete all the KYC formalities which are completely online and paperless and take a few minutes to complete
- Once you are done with that, you can start investing in Edelweiss Money Market Fund Direct IDCW Yearly as SIP or lumpsum as per your investment objective and risk tolerance
What kind of returns does Edelweiss Money Market Fund Direct IDCW Yearly provide?
The Edelweiss Money Market Fund Direct IDCW Yearly has been there from 04 Jan 2013 and the average annual returns provided by this fund is 3.30% since its inception.
How much expense ratio is charged by Edelweiss Money Market Fund Direct IDCW Yearly?
The term
Expense Ratio used for Edelweiss Money Market Fund Direct IDCW Yearly or any other mutual fund is the annual
charges one needs to pay to the Mutual Fund company for managing your investments in that fund.
The Expense Ratio of Edelweiss Money Market Fund Direct IDCW Yearly is 0.16% as of 18 May 2022...
What is the AUM of Edelweiss Money Market Fund Direct IDCW Yearly?
The AUM, short for Assets Under Management of Edelweiss Money Market Fund Direct IDCW Yearly is ₹314.75Cr as of 18 May 2022.
How to Redeem Edelweiss Money Market Fund Direct IDCW Yearly?
If you want to sell your Edelweiss Money Market Fund Direct IDCW Yearly holdings, go to your holding on the app or web and simply click on it. You will get two options - redeem & invest more; click on redeem and enter your desired amount or if you wish to redeem the entire holding amount then select the 'redeem all' checkbox.
Can I invest in SIP and Lump Sum of Edelweiss Money Market Fund Direct IDCW Yearly?
What is the NAV of Edelweiss Money Market Fund Direct IDCW Yearly?
The NAV of Edelweiss Money Market Fund Direct IDCW Yearly is ₹25.28 as of 17 May 2022.
