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  • Edelweiss Money Market Fund (G)
Edelweiss Mutual Funds

Edelweiss Money Market Fund (G)

DebtMoney Market

27.132

NAV (Oct 31)

5.416%
3 Year CAGR
Scripbox Opinion
Not Recommended
Click here for top ranked funds in money market mutual funds.

Money Market funds provides relative safety of capital with growth at par with inflation and is suitable for investment objectives with duration of 1-5 years or longer.

Money Market Funds invest in money market instruments with maturity upto 1 year.

This category accounts for close to 5% of the total Debt fund assets.

Funds in this category have a credit quality and return similar to Liquid Funds however they tend to have higher variations when interest rates change.We do not recommend funds in this category since we believe that the potential incremental return is not justified by the higher interest rate risk.

Our analysis of this fundLearn how we rate funds ->

Poor

The performance of the fund on a Consistency of Credit Quality metric has been Poor

Fund Size

Poor

The performance of the fund on a Fund Size metric has been Poor

Scripbox Recommended Money Market Funds
Want the most stable money market funds for your portfolio?Learn more

Investment Calculator

Investment Duration5 years

0

Total Investment

0

Wealth Gained

0

Total Corpus Created (₹)

With CAGR of 11.25 % in 5 years

Historical NAV

27.132

NAV (Oct 31)

Fund Returns

Last 1Y
7%
Last 3Y
5.4%
Last 5Y
5.1%
Last 10Y
6.5%
Since Inception
6.3%
6 Month CAGR
3.4%

Scheme Information

Investment Objective

The scheme seeks to generate returns commensurate with the risk of investing in money market instruments having maturity upto 1 year

Expense Ratio
0.82%
Launched 16Y ago
2008-06-27
AUM in Crores
929.7
ISIN
INF843K01344
Lock-in (days)
No Lock-in
Benchmark
CRISIL Money Market A-I Index
SIP Minimum
1000
Lumpsum Min.
5000
Standard Deviation (3yr)
-
Standard Deviation
0.6
Beta
1.3
Sharpe Ratio
-0.9
YTM
-
Fund Managers

Dhawal Dalal

Fund Manager

Hetul Raval

Fund Manager

Pranavi Kulkarni

Fund Manager

Important Links

Scheme Information Document

Statement of Additional Information

Portfolio Disclosure

Returns Calculator Comparison

of

for

with step up of

AssetReturnsTotal CorpusGainsCAGR
Edelweiss Money Market Fund (G)70%8,28,277 95,6655.1%
EPF70% 9,00,761 1,68,1498.50%
Property70% 8,67,662 1,35,0507.00%
PPF70% 8,69,819 1,37,2077.10%
Bank FD70% 8,46,471 1,13,8596.00%
Gold70% 8,46,471 1,13,8596.00%
Savings Bank70% 8,25,950 93,3385.00%

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.

Asset allocation and Holdings

Last updated on 2024-03-12

Top Debt Holdings

Gujarat State

5.18%
5.18%

National Bank For Agriculture & Rural Development

4.98%
4.98%

LIC Housing Finance Ltd.

4.98%
4.98%

Hero Housing Finance Ltd.

4.97%
4.97%

ICICI Securities Ltd.

4.96%
4.96%
See all holdings

Comparison with Debt Funds

Fund NameFund Size
kotak-mahindra
Kotak Nifty SDL Apr 2027 Top 12 Equal Weight Index Fund (G)

₹ 8,029 cr

₹ 14,839 cr

₹ 4,523 cr

₹ 10,307 cr

₹ 12,416 cr

amc-img

About the AMC

Edelweiss Mutual Fund

Edelweiss Asset Management Company was established in August 2008. They manage a total AUM of Rs. 11,841 invested in over 84 schemes with over 11 distribution centres accross the Country. They offer various products in equity,debt and liquid categories.amc-img
phone-img+91 22 4093 3400
Fund NameScripbox Opinion
Till Date CAGR

-

6.5%

6.5%

5.9%

6.4%

7.5%

9.6%

15.7%

11.2%

11.1%

Edelweiss Money Market Fund (G) Review

Edelweiss Money Market Fund (G) is a Money Market Debt fund and has delivered an annualised return of 6.29% over 16 years. The fund has grown over a period of 16 years. The fund is managed by Edelweiss Mutual Fund. The fund managers are Dhawal Dalal, Hetul Raval, Pranavi Kulkarni.

Nav of Edelweiss Money Market Fund (G) as of 10/31/2024 is ₹27.13 with the total AUM as of 11/3/2024 is ₹929.67. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss Money Market Fund (G) was launched on 2008-06-27. The category risk of the fund is Low to Moderate.

The minimum SIP amount for Edelweiss Money Market Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.

Edelweiss Money Market Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to CRISIL Money Market A-I Index.

Scripbox has rated it 1 star, indicating it's not a recommended fund in the Debt category and delivered 6.97% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Edelweiss Money Market Fund (G).

Frequently Asked Questions

What is Edelweiss Money Market Fund (G)?

It is a Money Market Debt scheme predominantly investing across Debt instruments with an investment objective to generate wealth over the long term.

How to invest in Edelweiss Money Market Fund (G)?

You can invest in Edelweiss Money Market Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?

What is the minimum sip amount of Edelweiss Money Market Fund (G)?

The minimum sip amount for Edelweiss Money Market Fund (G) is ₹1000. You can invest in multiples of ₹5000.

Is Edelweiss Money Market Fund (G) good to invest in?

According to Scripbox opinion, it is a 1-star fund. You can invest in this fund if its investment objective and risk level align with your goals and risk preferences.

What is the expense ratio of the Edelweiss Money Market Fund (G)?

The expense ratio of the Edelweiss Money Market Fund (G) is 0.82% for regular plan.

What is the NAV of Edelweiss Money Market Fund (G)?

Today's Edelweiss Money Market Fund (G) NAV is ₹27.13.