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- Edelweiss Money Market Fund Institutional Opt (RIDCW-A)
Formerly Edelweiss Dynamic Bond Instl DR
Edelweiss Money Market Fund Institutional Opt (RIDCW-A)
₹ 15.3493
NAV (Apr 10)
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.
Scripbox does not recommend investing in the dividend option of a fund because dividends are taxable at a higher rate than withdrawals.
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 15.3493
NAV (Apr 10)
Fund Returns
Last 1Y | 4% |
Last 3Y | 6.6% |
Last 5Y | 7.6% |
Last 10Y | NA |
Since Inception | 4.9% |
6 Month CAGR | 0.3% |
Scheme Information
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.
Expense Ratio | 0.96 |
Launched (16y ago) | Jun 30, 2008 |
AUM in Crores | 400.393 |
ISIN | INF843K01393 |
Lock-in | No Lock-in |
Benchmark | Nifty Money Market TR INR |
SIP Minimum | 0 |
Lumpsum Min. | 5000 |
Standard Deviation (3yr) | 2.7 |
Standard Deviation (5yr) | 3.7 |
Beta (3yr) | 0 |
Beta (5yr) | 0 |
Sharpe Ratio (3yr) | -0.118 |
Sharpe Ratio (5yr) | 0.033 |
YTM | 7.79 |
Fund Managers
Returns Calculator Comparison
of
for
with step up of
| Asset | Returns | Total Corpus | Gains | CAGR |
|---|---|---|---|---|
| Edelweiss Money Market Fund Institutional Opt (RIDCW-A) | 8,80,709 | 1,48,097 | 7.6% | |
| EPF | 9,00,761 | 1,68,149 | 8.50% | |
| Property | 8,67,662 | 1,35,050 | 7.00% | |
| PPF | 8,69,819 | 1,37,207 | 7.10% | |
| Bank FD | 8,46,471 | 1,13,859 | 6.00% | |
| Gold | 8,46,471 | 1,13,859 | 6.00% | |
| Savings Bank | 8,25,950 | 93,338 | 5.00% |
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
Top Debt Holdings
india (republic of)
9.5%export-import bank of india
8.7%kotak mahindra bank limited (formerly kotak mahindra finance limited)
6%axis bank limited
5.9%indusind bank ltd.
5.9%Comparison with Debt Funds
| Fund Name | Fund Size | Rolling Returns |
|---|---|---|
₹ 10,293 cr | ||
₹ 4,923 cr | ||
₹ 35,428 cr | ||
₹ 13,848 cr | ||
₹ 13,895 cr |
About the AMC
Edelweiss Asset Management Limited
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
5.6% | 5.3% | ||
5.7% | 7.3% | ||
- | 5.7% | ||
5.7% | 7.3% | ||
5.6% | 5.3% |
Edelweiss Money Market Fund Institutional Opt (RIDCW-A) Review
Edelweiss Money Market Fund Institutional Opt (RIDCW-A) is a Money Market Debt fund and has delivered an annualised return of 4.9% over a period of 15 years. The fund was previously known as Edelweiss Dynamic Bond Instl DR. The fund is managed by Edelweiss Asset Management Limited. The fund managers are Dhawal Dalal, Pranavi Kulkarni.
Nav of Edelweiss Money Market Fund Institutional Opt (RIDCW-A) as of 4/10/2018 is ₹15.35 with the total AUM as of 4/16/2024 is ₹400.393. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss Money Market Fund Institutional Opt (RIDCW-A) was launched on Jun 30, 2008. The category risk of the fund is Low to Moderate Risk.
The minimum SIP amount for Edelweiss Money Market Fund Institutional Opt (RIDCW-A) is ₹0 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 Institutional Opt (RIDCW-A) 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 Nifty Money Market TR INR.
Edelweiss Money Market Fund Institutional Opt (RIDCW-A) is rated as a 1 fund in Debt and delivered 4% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Edelweiss Money Market Fund Institutional Opt (RIDCW-A).
Frequently Asked Questions
What is Edelweiss Money Market Fund Institutional Opt (RIDCW-A)?
How to invest in Edelweiss Money Market Fund Institutional Opt (RIDCW-A)?
You can invest in Edelweiss Money Market Fund Institutional Opt (RIDCW-A) 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 Institutional Opt (RIDCW-A)?
The minimum sip amount for Edelweiss Money Market Fund Institutional Opt (RIDCW-A) is ₹0. You can invest in multiples of ₹5000.
Is Edelweiss Money Market Fund Institutional Opt (RIDCW-A) good to invest in?
As per Scripbox experts, Edelweiss Money Market Fund Institutional Opt (RIDCW-A) is a Not Recommended fund. You can investEdelweiss Money Market Fund Institutional Opt (RIDCW-A) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Edelweiss Money Market Fund Institutional Opt (RIDCW-A)?
The expense ratio of the Edelweiss Money Market Fund Institutional Opt (RIDCW-A) is 0.96% for regular plan.