- 1M
- 3M
- 6M
- 1YR
- 3YR
- 5YR
- 10YR
- Since Inception
Fund Information
-
As of 31 Aug 2023, fund size of Edelweiss Money Market Fund is
371.05 Cr. -
Edelweiss Money Market Fund shown here is of
Growthplan.
-
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
Debtoriented mutual fund in the
- Dynamic Bond Fundcategory.
-
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 2008as at present it is 17 years old fund.
-
Name of the AMC is
Edelweiss Mutual Funds.
Click here to
know moreabout Edelweiss Mutual Funds.
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);
Riskometer
Investors understand that their
principal
will be at Low to Moderate risk
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 | 0.15% | 0.66% | 2.00% | 3.85% | 8.46% | 8.71% | 8.63% | 8.86% | 7.81% |
| Category Average | -0.01% | 0.33% | 1.55% | 2.91% | 7.20% | 7.60% | 6.23% | 5.99% | 6.77% |
| Edelweiss Money Market Fund | 0.12% | 0.58% | 1.61% | 3.33% | 6.98% | 6.77% | 5.79% | 5.03% | - |
| UTI Dynamic Bond Fund | 0.08% | 0.40% | 1.60% | 3.16% | 7.15% | 7.45% | 8.63% | 8.86% | 6.61% |
| Aditya Birla Sun Life Dynamic Bond Fund | 0.05% | 0.42% | 1.81% | 3.27% | 7.78% | 7.89% | 7.38% | 6.89% | 6.28% |
| ICICI Prudential All Seasons Bond Fund | 0.08% | 0.57% | 1.83% | 3.68% | 7.93% | 7.97% | 7.00% | 6.91% | 7.81% |
| Quantum Dynamic Bond Fund | -0.15% | 0.10% | 1.37% | 2.68% | 7.13% | 8.13% | 6.89% | 6.22% | - |
| SBI Dynamic Bond Fund | -0.07% | 0.38% | 1.49% | 2.58% | 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 100.41%
Others -0.41%
Top Holdings
| Name of the Instrument | Holding Percentage |
|---|---|
| HINDUSTAN ZINC LIMITED 174D CP 04SEP23 | 7.27% |
| HDFC BANK LIMITED CD 12SEP23 | 7.26% |
| THE FEDERAL BANK LIMITED CD 13NOV23 | 7.17% |
| GOVERNMENT OF INDIA 33214 182 DAYS TBILL 11JN24 FV RS 100 | 7.10% |
| CANARA BANK CD 10JAN24 | 7.09% |
| Others | 64.11% |
Allocation by Instruments
| Type of the Instrument | Holding Percentage |
|---|---|
| COMMERCIAL PAPER | 35.26% |
| CERTIFICATE OF DEPOSIT | 49.35% |
| TREASURY BILLS | 9.96% |
Portfolio Holdings shown is as of 31 Aug 2023