Edelweiss Money Market Fund
- NAV as on 25 Sep 2026
- ₹30.57-0.01%1 day
- Return since launch
- 6.3%
- 52-week range
- ₹28.86 — ₹30.57
- AUM
- ₹2,322 Cr
Edelweiss Money Market Fund is a Money Market debt fund from Edelweiss Mutual Fund with ₹2,322 Cr under management, launched in 2008. Over three years it has returned 6.5% a year, against 7.0% for its category. The expense ratio is 0.70% and the SEBI riskometer reading is Low to Moderate.
Performance
Edelweiss Money Market Fund NAV and returns
Growth of the fund against its category average over the period you pick.
Over 1Y this fund returned +5.9% against +6.3% for its category.
Performance
Returns
How the fund has done against its category and its benchmark.
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1Y | 6.2% | 0.0 pts | 6.2% | 6.6% |
| 2Y | 6.3% | −0.4 pts | 6.6% | 6.7% |
| 3Y | 6.5% | −0.5 pts | 7.0% | 6.9% |
| 5Y | 6.3% | 0.0 pts | 6.3% | 6.9% |
| 7Y | 5.9% | −0.6 pts | 6.4% | 6.4% |
| 10Y | 6.1% | −0.3 pts | 6.4% | 6.4% |
| Period | Fund | vs category | Category | Benchmark |
|---|---|---|---|---|
| 1M | 0.5% | 0.0 pts | 0.5% | 0.5% |
| 3M | 1.5% | −0.1 pts | 1.5% | 1.5% |
| 6M | 3.4% | −0.1 pts | 3.5% | 3.5% |
| 1Y | 5.9% | −0.3 pts | 6.2% | 6.3% |
| 2Y | 6.5% | −0.4 pts | 6.9% | 7.0% |
| 3Y | 6.6% | −0.4 pts | 7.0% | 7.1% |
| 5Y | 5.8% | −0.6 pts | 6.3% | 6.4% |
| 7Y | 5.6% | −0.4 pts | 6.0% | 5.9% |
| 10Y | 6.0% | −0.3 pts | 6.4% | 6.6% |
Since launch (9 Jun 2008): 6.3%
Calendar-year returns
Category averageShow as a table
| Period | Fund | vs category | Category |
|---|---|---|---|
| 2025 | 6.8% | −0.6 pts | 7.5% |
| 2024 | 6.9% | −0.7 pts | 7.6% |
| 2023 | 6.4% | −0.9 pts | 7.3% |
| 2022 | 3.5% | −1.3 pts | 4.7% |
| 2021 | 2.8% | −0.9 pts | 3.8% |
| 2020 | 6.4% | +0.3 pts | 6.1% |
Returns over one year are annualised. Shorter periods are absolute.
Costs & terms
Costs and terms
What the fund charges each year, and the rules around putting money in and taking it out.
Costs
0.67%
Expense ratio as on 25 Sep 2026
Charged yearly and already deducted from the NAV.
- Base expense
- 0.58%
- Brokerage
- 0.00%
- Transaction charges
- 0.00%
- Statutory levies
- 0.09%
- Exit load
- Exit load of 1% if redeemed within 12 months
- Lock-in
- None
Terms
- Min SIP
- ₹3,000
- Min lumpsum
- ₹5,000
- Plan
- GROWTH
- Fund type
- OPEN-ENDED
- Benchmark
- CRISIL Money Market A-I Index
Risk
Risk
What the riskometer means for this fund, and how its ratios sit against the category.
Your principal is treated as being at low to moderate risk — typically short duration debt schemes.
| Ratio | Fund | Category avg | Read as |
|---|---|---|---|
| Alpha | — | — | Return earned above what the benchmark alone would have given. Higher is better. |
| Beta | — | — | How hard the fund moves when the market moves. Under 1 is steadier than the market. |
| Sharpe | 1.40 | 2.50 | Return earned for each unit of total risk taken. Higher is better. |
| Sortino | 2.02 | 3.56 | Return earned for each unit of downside risk. Higher is better. |
| Std. deviation | 0.53 | 0.54 | How widely monthly returns have varied around their own average. Lower is steadier. |
| Average of 5 category peers | |||
Portfolio
Edelweiss Money Market Fund portfolio
Portfolio as of 31 Aug 2026
Asset allocation
- Debt102.2%
Top holdings
| Holding | Sector | Weight | Value | 3M chg | 6M chg | 1Y chg |
|---|---|---|---|---|---|---|
| National Bank For Agriculture & Rural Development | Financial | 6.26% | ₹145 Cr | +6.93% | +4.64% | +1.17% |
| Small Industries Devp. Bank of India Ltd. | Financial | 6.26% | ₹145 Cr | +4.61% | +1.54% | +1.17% |
| HDFC Bank Ltd. | Financial | 6.24% | ₹145 Cr | +0.49% | — | +3.52% |
| ICICI Bank Ltd. | Financial | 5.19% | ₹121 Cr | +5.74% | — | — |
| Union Bank of India | Financial | 4.20% | ₹97.47 Cr | +1.84% | +0.83% | — |
| The Federal Bank Ltd. | Financial | 4.16% | ₹96.63 Cr | +4.60% | +3.24% | — |
| Axis Bank Ltd. | Financial | 2.11% | ₹49.07 Cr | +5.87% | +3.92% | +3.46% |
| Reserve Bank of India | Financial | 2.11% | ₹48.89 Cr | +2.66% | +2.47% | +1.21% |
| Indusind Bank Ltd. | Financial | 2.10% | ₹48.68 Cr | +2.32% | +1.55% | +1.20% |
| Kotak Mahindra Bank Ltd. | Financial | 2.09% | ₹48.54 Cr | +2.31% | +1.55% | +1.18% |
| Motilal Oswal Financial Services Ltd. | Financial | 2.09% | ₹48.47 Cr | +2.31% | +1.54% | — |
| Punjab National Bank | Financial | 2.09% | ₹48.55 Cr | +4.77% | +2.47% | +3.52% |
| company:15556 | Financial | 2.09% | ₹48.65 Cr | — | — | — |
| Canara Bank | Financial | 2.08% | ₹48.41 Cr | — | +2.44% | +2.35% |
| Hero FinCorp Ltd. | Financial | 2.08% | ₹48.26 Cr | — | — | — |
| ICICI Securities Ltd. | Financial | 2.08% | ₹48.35 Cr | +2.30% | +1.65% | +1.17% |
| Mirae Asset Financial Services (India) Pvt Ltd. | Financial | 2.08% | ₹48.22 Cr | +2.30% | +1.54% | — |
| Muthoot Finance Ltd. | Financial | 2.08% | ₹48.22 Cr | +2.29% | +1.54% | +2.36% |
| 360 ONE Wealth Ltd. | Financial | 2.07% | ₹47.97 Cr | +2.28% | +0.81% | — |
| Credila Financial Services Ltd. | Financial | 2.07% | ₹48.06 Cr | +2.29% | — | — |
| Julius Baer Capital India Pvt Ltd. | Financial | 2.07% | ₹48.16 Cr | +2.29% | — | — |
| Others | Others | 1.66% | ₹39.05 Cr | +1.36% | +0.92% | +1.08% |
| Manappuram Finance Ltd. | Financial | 1.06% | ₹24.53 Cr | +1.17% | — | — |
| Indian Bank | Financial | 1.05% | ₹24.33 Cr | +2.36% | +1.56% | — |
| Bank Of Baroda | Financial | 1.04% | ₹24.16 Cr | +1.18% | +0.79% | +5.87% |
| company:9765 | Financial | 1.01% | ₹23.48 Cr | — | — | — |
| Kerala State | Others | 0.43% | ₹10.05 Cr | — | — | — |
Sectors
Instruments
Recent changes
| Holding | From | To | Weight |
|---|---|---|---|
| Axis Bank Ltd. | 5.36% | 2.11% | -3.25% |
| company:15556 | 0.00% | 2.09% | +2.09% |
| Hero FinCorp Ltd. | 0.00% | 2.08% | +2.08% |
| Small Industries Devp. Bank of India Ltd. | 4.22% | 6.26% | +2.04% |
| Indian Bank | 2.15% | 1.05% | -1.10% |
| company:9765 | 0.00% | 1.01% | +1.01% |
| Reserve Bank of India | 2.19% | 2.11% | -0.08% |
| National Bank For Agriculture & Rural Development | 6.33% | 6.26% | -0.07% |
| HDFC Bank Ltd. | 6.31% | 6.24% | -0.07% |
| ICICI Bank Ltd. | 5.25% | 5.19% | -0.06% |
| The Federal Bank Ltd. | 4.21% | 4.16% | -0.05% |
| Union Bank of India | 4.24% | 4.20% | -0.04% |
| Julius Baer Capital India Pvt Ltd. | 2.10% | 2.07% | -0.03% |
| Bank Of Baroda | 1.07% | 1.04% | -0.03% |
| Canara Bank | 2.11% | 2.08% | -0.03% |
| Credila Financial Services Ltd. | 2.09% | 2.07% | -0.02% |
| ICICI Securities Ltd. | 2.10% | 2.08% | -0.02% |
| Indusind Bank Ltd. | 2.12% | 2.10% | -0.02% |
| Kotak Mahindra Bank Ltd. | 2.11% | 2.09% | -0.02% |
| Mirae Asset Financial Services (India) Pvt Ltd. | 2.10% | 2.08% | -0.02% |
| Motilal Oswal Financial Services Ltd. | 2.11% | 2.09% | -0.02% |
| Muthoot Finance Ltd. | 2.10% | 2.08% | -0.02% |
| Punjab National Bank | 2.11% | 2.09% | -0.02% |
| 360 ONE Wealth Ltd. | 2.08% | 2.07% | -0.01% |
| Kerala State | 0.44% | 0.43% | -0.01% |
| Manappuram Finance Ltd. | 1.07% | 1.06% | -0.01% |
| Others | 0.31% | 0.31% | 0.00% |
Compare
Similar funds
The rest of the category, so this fund’s numbers have something to sit against.
| Fund | AUM | Expense | 1Y | 3Y | 5Y |
|---|---|---|---|---|---|
| Category average | ₹21,840 Cr | 0.33% | 6.7% | 7.0% | 7.0% |
 Tata Money Market Fund | ₹34,511 Cr | 0.40% | 6.7% | 7.0% | 7.0% |
 Aditya Birla Sun Life Money Market Fund | ₹29,877 Cr | 0.37% | 6.8% | 7.0% | 7.1% |
 Axis Money Market Fund | ₹21,405 Cr | 0.35% | 6.7% | 7.0% | 7.1% |
 UTI Money Market Fund | ₹19,468 Cr | 0.24% | 6.7% | 7.1% | 7.1% |
 Franklin India Money Market Fund | ₹3,937 Cr | 0.28% | 6.7% | 7.0% | 7.0% |
About
About this fund
The scheme’s own words, its benchmark and the people running it.
Investment objective
The scheme seeks to generate returns commensurate with the risk of investing in money market instruments having maturity upto 1 year
Fund managers
- Hetul RavalMr. Hetul Raval has completed his MMS in Finance.Prior to joining Edelweiss Mutual Fund, he has worked with A. K. Capital Finance Ltd., A.K. Stockmart Pvt. Ltd. and Kotak Mahindra Bank Ltd.
- Rahul DedhiaMr. Dedhia is a B.E. (Electronics) and also holds a PGeMBA - Finance.Prior to joining Edelweiss Mutual Fund, he has worked with PGIM India Mutual Fund as Assistant Fund Manager.
Tools
Return calculator
What ₹10,000 a month in this fund would have grown to over each period, based on its past returns.
| Over the past | Total investment | Would’ve become | Growth | Returns |
|---|---|---|---|---|
| 6 months3.36% absolute | ₹60,000 | ₹62,016 | 3.36% | |
| 1 year5.93% annualised | ₹1,20,000 | ₹1,23,925 | 3.27% | |
| 3 years6.62% annualised | ₹3,60,000 | ₹3,99,221 | 10.89% | |
| 5 years5.75% annualised | ₹6,00,000 | ₹6,96,558 | 16.09% |
Returns for 1 year and longer are annualised (CAGR); 6-month figures are absolute. Past returns are not a forecast.
How this is calculated
Each monthly instalment grows at the fund’s annualised return ÷ 12 per month until the end of the period, the same formula as our SIP calculator.
The amount compounds once a year at the fund’s CAGR for that period, the same formula as our lumpsum calculator.
Questions
Frequently asked questions
The things people ask about this scheme.