Edelweiss Money Market Fund Direct Growth
NAV as on 02-04-2025
₹ 30.79
▲0.1%
1D
Inception Returns
7.5%
/yr
Historical NAV & Returns
About Edelweiss Money Market Fund Direct Growth
Edelweiss Money Market Fund Direct Growth is a debt fund. This fund was started on 1 January, 2013. The fund is managed by . This fund is suitable to keep your money safe.
Key Parameters
- Edelweiss Money Market Fund Direct Growth has ₹1378 Cr worth of assets under management (AUM) as on Dec 1969 and is less than category average.
- The fund has an expense ratio 0.2.
Returns
Edelweiss Money Market Fund Direct Growth has given a CAGR return of 7.52% since inception. Over the last 1, 3 and 5 years the fund has given a CAGR return of 7.80%, 6.74% and 5.76% respectively.
Holdings
Edelweiss Money Market Fund Direct Growth has allocated its funds majorly in Corporate, Cash Equivalent, Government. Its top holdings are HDFC Bank Limited, Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited), Hero Fincorp Limited, Aditya Birla Finance Limited, 364 DTB 04122025
Taxation
As it is a money market mutual fund the taxation is as follows:If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.Invested after 1 April 2023, capital gains will be taxed at your income slab rate.Dividends will always be taxed at slab rate.
Investment objective of Edelweiss Money Market Fund Direct Growth
The investment objective of the scheme is to generate returns commensurate with the risk of investing in money market instruments having maturity upto 1 year. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.
Minimum Investment and lockin period
Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Money Market Fund Direct Growth has no lock in period.
Edelweiss Money Market Fund Direct Growth Overview
| Expense ratio | 0.15% |
Benchmark | CRISIL Liquid Fund TR INR |
| AUM | ₹1378 Cr |
| Inception Date | 1 January, 2013 |
| Min Lumpsum/SIP | ₹100/₹100 |
| Exit Load | 0% |
| Lock In | No Lock-in |
TurnOver | 257.51% |
| STCG | Selling mutual fund within 36 months, gains taxed at slab rates. |
| LTCG | Holding over 3 years, gains taxed at slab rates without indexation. |
| Risk |   Low to Moderate Risk |
Trailing Returns
as on (02-Apr-25)
Fund Distribution
as on (31-Dec-69)
- AUM of the fund stands at 1.3K Cr as of Feb'25
- AUM decreased by 54.7 Cr between Feb'25 and Jan'25
Top 2 Sectors in February were Corporate, Government
Holdings | Weight% | 1M Change | |
|---|---|---|---|
 HDFC Bank Limited | 5.24% | -25% | |
Kotak Mahindra Bank Limited (Formerly Kotak Mahindra Finance Limited) | 5.15% | 0% | |
Hero Fincorp Limited | 3.56% | 0% | |
Aditya Birla Finance Limited | 3.55% | 0% | |
364 DTB 04122025 | 3.46% | 0% |
Mutual Fund Insights
Edelweiss Money Market Fund Direct Growth Highlights
Low to Moderate Risk
About the fund
AUM size ₹1378 Cr
Expense Ratio 0.15%
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Frequently Asked Questions for Edelweiss Money Market Fund Direct Growth
Edelweiss Money Market Fund Direct Growth | Absolute Returns | CAGR Returns |
1 Month Returns | 0.88% | 0.88% |
6 Month Returns | 3.9% | 3.9% |
1 Year Returns | 7.8% | 7.8% |
3 Years Returns | 21.62% | 6.74% |
5 Years Returns | 32.34% | 5.76% |
- 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.
AAA | 100 |