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Edelweiss Money Market Fund

The fund details shown here are of the Growth Plan option and belongs to the Debt, Dynamic Bond Fund category.

The NAV for Edelweiss Money Market Fund Fund is 27.125 as of 30 Oct 2024. NAV or Net Asset Value, is a crucial metric in the context of mutual funds. It represents the per - unit market value of a mutual fund scheme. NAV is calculated by the fund house on every business day and is a key factor in determining the value of an investor's holdings in the mutual fund.

This fund has given 5.41% annualized return for the last 3 years.

At present Edelweiss Money Market Fund has not been rated by us.

  • 1M
  • 3M
  • 6M
  • 1YR
  • 3YR
  • 5YR
  • 10YR
  • Since Inception

Performance

Monthly SIP of   ₹    for

Below table shows comparison of Edelweiss Money Market Fund with respect to the investments in Fixed Deposit and Gold for the Total investment of ₹36,000 over the period of 3 years.

Total Value Gain Return %
This Fund

39,605

3,605

6.28%
Bank FD

39,824

3,824

 6.5%
Gold

40,770

4,770

 8.00%

Fund Information

  • As of 31 Jan 2024, fund size of Edelweiss Money Market Fund is 371.05 Cr.

  • Edelweiss Money Market Fund shown here is of Growth plan.

  • The Total Expense Ratio (TER) of the fund is 0.98%. The Total Expense Ratio (TER) is a measure that represents the total costs associated with managing and operating a mutual fund as a percentage of its average Assets under Management (AUM). It provides an insight into the overall expenses they will incur by investing in the fund.

  • Edelweiss Money Market Fund is an Debt oriented mutual fund in the - Dynamic Bond Fund category.

  • Nifty 50 Arbitrage Index is the benchmark for Edelweiss Money Market Fund. A benchmark for a mutual fund serves as a standard for performance comparison, helping investors assess how well the fund is meeting its objectives and how it fares against relevant market indicators. Investors often compare the fund's performance with the benchmark as well as its peers.

  • The inception date of a mutual fund refers to the date when the fund was first established and began operations. It is the starting point from which the fund's performance, returns, and other key metrics are calculated. The fund was started on 27 Jun 2008 as at present it is 16 years old fund.

  • Name of the AMC is Edelweiss Mutual Fund. Click here to know more about Edelweiss Mutual Fund.

Fund Managed By

Fund managers make investment decisions, optimizing returns and managing risks for portfolios. Responsibilities include market analysis, performance monitoring. Edelweiss Money Market Fund managed by following fund manager(s);

How does the Return Comparison of the Edelweiss Money Market Fund fare against peer funds in the Dynamic Bond fund category?

Peer fund returns can vary based on the collaborative nature and specific strategies employed by fund managers of these funds listed in below table, often showcasing different risk-return profiles compared to strategy adopted by Edelweiss Money Market Fund. Below table demonstrate the returns generated by some peer funds and compare tho this fund and average return generate by the Debt, Dynamic Bond fund category these peer funds belongs to.

Fund Name 1 Week 1 Month 3 Months 6 Months 1 Year 2 Years 3 Years 5 Years 10 Years
Category Best 0.47% 1.11% 5.60% 5.60% 8.13% 9.74% 9.18% 7.87% 9.15%
Category Average 0.33% 0.81% 4.09% 4.52% 6.47% 4.36% 4.73% 6.63% 7.48%
Edelweiss Money Market Fund 0.12% 0.63% 1.68% 3.40% 6.98% 6.71% 5.41% 5.16% -
ICICI Prudential All Seasons Bond Fund 0.11% 0.42% 2.06% 4.74% 8.64% 7.85% 6.44% 7.38% 8.38%
Aditya Birla Sun Life Dynamic Bond Fund 0.01% 0.00% 2.30% 5.65% 9.70% 7.94% 7.07% 6.17% 6.75%
SBI Dynamic Bond Fund -0.08% -0.16% 2.11% 5.46% 9.63% - - - -
Kotak Dynamic Bond Fund -0.01% -0.03% 2.55% 6.17% 10.96% 8.26% 6.02% 6.71% 7.91%
Nippon India Dynamic Bond Fund 0.10% 0.41% 2.38% 5.34% 10.00% 8.40% 5.95% 6.22% 7.13%

Fund Portfolio Details

Portfolio details of a fund generally refer to a comprehensive breakdown of the investments held within a specific investment vehicle, such as a mutual fund or exchange-traded fund (ETF). Portfolio details of Edelweiss Money Market Fund are shown below;

Equity -

Debt 102.89%

Others -2.89%

Top Holdings

Name of the InstrumentHolding Percentage
EXPORT IMPORT BANK OF INDIA CD 14MAR24 6.68%
KOTAK MAHINDRA PRIME LIMITED 300D CP 07MAY24 6.59%
STATE BANK OF INDIA CD 17MAY24 6.59%
ICICI BANK LIMITED CD 13JUN24 6.55%
KOTAK MAHINDRA BANK LIMITED CD 06SEP24 6.44%
Others 67.15%
Click here to know More

Allocation by Instruments

Type of the InstrumentHolding Percentage
CERTIFICATE OF DEPOSIT 26.26%
COMMERCIAL PAPER 6.59%

Portfolio Holdings shown is as of 31 Jan 2024

Riskometer

Investors understand that their principal
will be at Low to Moderate risk