Edelweiss Money Market Fund Direct Plan Growth Option

Edelweiss Money Market Fund Direct Plan Growth Option

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Debt
Direct
Money Market
NAV: ₹ 28.64 as on 18-04-2024
Fund Performance
zero opening, trading, fund transfer fee
43 people have invested ₹ 1.9L in Edelweiss Money Market Fund Direct Plan Growth Option in the last three months

Mutual Fund Insights

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Over the last 1 month, this fund has experienced a 16.8% growth in AUM moving from 342.82 Cr to 400.39 Cr.
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In the last 5 years, this fund has outperformed all funds in its category.
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In the last 3 years, Tata Money Market Fund Direct Plan Growth has given 6.05% return, outperforming this fund by 0.57% per annum.
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In the last 1 year, Tata Money Market Fund Direct Plan Growth has given 7.93% return, outperforming this fund by 0.45%.

About the Edelweiss Money Market Fund Direct Plan Growth Option

Edelweiss Money Market Fund Direct Plan Growth Option is a debt fund. This fund was started on 1 January, 2013. The fund is managed by Dhawal Dalal. This fund is suitable to keep your money safe.

Key Parameters

  1. Edelweiss Money Market Fund Direct Plan Growth Option has ₹400 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
  2. The fund has an expense ratio 0.4.

Edelweiss Money Market Fund Direct Plan Growth Option Overview

Expense ratio
Expense ratio
0.4%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹400 Cr
Inception Date
Inception Date
1 January, 2013
Min Lumpsum/SIP
Min Lumpsum/SIP
₹100/₹100
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
247.6%

Edelweiss Money Market Fund Direct Plan Growth Option Distribution as on (31-Dec-69)

  • Debt & Cash 99.8%

Credit rating breakup

AAA
100%
Sector Allocation

Mar'24

Feb'24

Jan'24

Corporate
46.8%
Cash Equivalent
38%
Government
15.2%

Top Holdings of Edelweiss Money Market Fund Direct Plan Growth Option as on (31-Mar-24)

  • Debt & Cash

Debt Holdings16
Holdings
Weight%
1M Change
Export-Import Bank of India
Export-Import Bank of India
8.66%
0%
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)
6.05%
0%
Axis Bank Limited
Axis Bank Limited
5.89%
0%
Small Industries Development Bank Of India
Small Industries Development Bank Of India
5.89%
0%
Canara Bank
Canara Bank
5.89%
0%

Edelweiss Money Market Fund Direct Plan Growth Option: Monthly Changes Updates

All changes are between Oct'69 and Dec'69
AUM Change
Parameters
Mar'24
Feb'24
Jan'24
AUM
₹ 400.4 Cr
₹ 342.8 Cr
₹ 371 Cr
  • AUM of the fund stands at 400.4 Cr as of Mar'24
  • AUM increased by 57.6 Cr between Mar'24 and Feb'24
Fund Portfolio Changes

Edelweiss Money Market Fund Direct Plan Growth Option Fund Manager

Dhawal Dalal
Dhawal Dalal
Fund Manager of Edelweiss Money Market Fund Direct Plan Growth Option, since 26 November 2016

Edelweiss Money Market Fund Direct Plan Growth Option Highlights

Risk meter
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Low to Moderate Risk

Investors understand that their principal will be at Low to Moderate Risk
About the fund

About the fund

This fund has delivered an average annual returns of 7.5% since inception which is more than its category average return of 4.97%
AUM size ₹400 Cr

AUM size ₹400 Cr

This fund has AUM of ₹400 Cr which is less than its category average of ₹ 6049 Cr
Expense Ratio 0.4%

Expense Ratio 0.4%

This fund has an expense ratio of 0.4% which is more than its category average expense ratio of 0.33%

Frequently Asked Questions

The current NAV of Edelweiss Money Market Fund Direct Plan Growth Option is ₹28.64 as on 18-Apr-2024.
Existing (Absolute + CAGR) as on 18-Apr-2024.
Edelweiss Money Market Fund Direct Plan Growth Option
Absolute Returns
CAGR Returns
1 Month Returns
0.79%
0.79%
6 Month Returns
3.82%
3.82%
1 Year Returns
7.48%
7.48%
3 Years Returns
17.38%
5.49%
5 Years Returns
38.74%
6.77%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.4% as on March 2024
₹400 Cr as on March 2024
Export-Import Bank of India(8.66%), Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited)(6.05%), Axis Bank Limited(5.89%), Canara Bank(5.89%), National Bank For Agriculture And Rural Development(5.89%) as on March 2024
Corporate(46.81%), Cash Equivalent(37.97%), Government(15.21%) as on March 2024
Yield to Maturity is 7.59 as on March 2024. Yield to Maturity is the total return earned on your bond investments if you hold the bond investments till maturity & all bonds' proceeds are reinvested in it.
Modified Duration is 0.7 as on March 2024. Modified Duration tells the sensitivity of the price of a bond to a change in interest rate.
AAA
100
Dhawal Dalal is the fund manager of Edelweiss Money Market Fund Direct Plan Growth Option
The Exit load of Edelweiss Money Market Fund Direct Plan Growth Option is 0%