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Value Research Rating
Analyst’s Choice
Riskometer
Low to Moderate
₹23.1229 0.02%
As on 08-Oct-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Edelweiss Money Market Fund - Institutional Plan
|
|
Low to Moderate
|
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-- |
||
 |
|
Low to Moderate
|
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0.35 |
||
|
|
Low to Moderate
|
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0.40 |
||
|
|
Low to Moderate
|
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0.32 |
||
 |
|
Low to Moderate
|
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0.35 |
₹930 Cr
--
100
1
1,000
6
Investment Strategy
The scheme seeks to generate returns commensurate with the risk of investing in money market instruments having maturity upto 1 year
Suitability
"Money Market debt funds invest in bonds with a maturity of up to one year. They aim to earn slightly better returns than what you can get from a bank account or a short duration fixed deposit. The risk of incurring a loss in these funds over the said timeframe is low but they do not guarantee returns or safety of capital.
Such funds are usually more suited to institutional investors. Retail investors can avoid these funds altogether. Here's why. Debt funds are very finely classified depending upon the maturity of the bonds they invest in. For instance, there's a different category of funds that invests in bonds of up to three months maturity, from the one that invests in bonds maturing in three to six months, and so on. We believe that such a nuanced classification adds little value to retail investors. They can avoid this complexity and simply invest the money they don't need for up to a year in a Liquid fund.
If you do decide to invest in them, remember that these funds usually deliver low returns which are only marginally higher than your bank account. They are not suitable if your aim is to build wealth in the long run."
Capital Gains Taxation
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
1 min read•By News Desk
1 min read•By News Desk
1 min read•By Research Desk
Edelweiss Money Market Fund - Institutional Plan is mandated to invest in bonds having maturity of up to one year and therefore, it is suitable to invest in for a similar time frame.
Mutual funds can be bought directly from the website of the fund house. For instance, Edelweiss Money Market Fund - Institutional Plan fund can be purchased from the website of Edelweiss Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Edelweiss Money Market Fund - Institutional Plan is ₹23.1229 as of 09-Oct-2024.
The AUM of Edelweiss Money Market Fund - Institutional Plan Fund is ₹930 Cr as of 30-Sep-2024
The riskometer level of Edelweiss Money Market Fund - Institutional Plan is Low to Moderate. See More
| Company | Percentage of Portfolio |
|---|---|
|
LIC Housing Finance Ltd CP 361-D 13/01/2025 |
5.27
|
|
National Bank For Agriculture & Rural Development CD 17/01/2025 |
5.26
|
|
Canara Bank CD 20/03/2025 |
5.20
|
|
Union Bank of India CD 18/03/2025 |
5.20
|
|
Hero FinCorp Ltd CP 276-D 16/06/2025 |
5.09
|
As of 30-Sep-2024, Edelweiss Money Market Fund - Institutional Plan had invested 107.8% in Debt and -7.8% in Cash & Cash Eq. See More
Edelweiss Money Market Fund - Institutional Plan is 16 years 3 months old. It has delivered 7.14% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
6.87%
|
5.31%
|
5.18%
|
6.05%
|
6.90%
|
7.14%
|
No, There is no lock in period in Edelweiss Money Market Fund - Institutional Plan.
The expense ratio of Edelweiss Money Market Fund - Institutional Plan is --.
