| Category: Debt: Money Market |
| Launch Date: 27-06-2008 |
| Asset Class: Fixed Income |
| Benchmark: NIFTY Money Market Index B-I |
| Expense Ratio: 0.96% As on (31-03-2024) |
| Status: Open Ended Schemes |
| Minimum Investment: 100.0 |
| Minimum Topup: 100.0 |
| Total Assets: 400.39 Cr As on (31-03-2024) |
| Turn over: |
| 1-Year Ret (%) | 3-Yrs Ret (%) | 5-Yrs Ret (%) | 10-Yrs Ret (%) | Since Launch Ret (%) | |
|---|---|---|---|---|---|
| Edelweiss Money Market Fund - Regular Plan - Growth Option | 6.69 | 4.72 | 5.97 | 6.9 | 6.28 |
| Benchmark | - | - | - | - | - |
| Debt: Money Market | 7.18 | 5.44 | 5.74 | 6.7 | 6.34 |
Dhawal Dalal, Pranavi Kulkarni
The scheme aims to provide reasonable returns, commensurate with low risk while providing a high level of liquidity, through a portfolio of money market and debt securities.
Rolling returns are the annualized returns of the scheme taken for a specified period (rolling returns period) on every day/week/month and taken till the last day of the duration. In this chart we are showing the annualized returns over the rolling returns period on every day from the start date and comparing it with the benchmark. Rolling returns is the best measure of a fund's performance. Trailing returns have a recency bias and point to point returns are specific to the period in consideration. Rolling returns, on the other hand, measures the fund's absolute and relative performance across all timescales, without bias.
| Key Statistics | Volatility | Sharpe Ratio | Alpha | Beta | Yield to Maturity | Average Maturity |
|---|---|---|---|---|---|---|
| Edelweiss Money Market Fund - Regular Plan - Growth Option | 0.61 | -0.95 | 1.98 | 1.33 | 7.59 | 0.7 |
| Debt: Money Market | - | - | - | - | - | - |
| Scheme Name | Launch Date |
1-Year Ret (%) |
2-Yrs Ret (%) |
3-Yrs Ret (%) |
5-Yrs Ret (%) |
10-Yrs Ret (%) |
|---|---|---|---|---|---|---|
| Edelweiss Money Market Fund - Regular Plan - Growth Option | 27-06-2008 | 6.69 | 5.62 | 4.72 | 5.97 | 6.9 |
| Aditya Birla Sun Life Money Manager Fund - Growth | 10-10-2005 | 7.6 | 6.78 | 5.83 | 6.14 | 7.04 |
| Aditya Birla Sun Life Money Manager Fund - Retail Growth | 05-06-2003 | 7.6 | 6.79 | 5.83 | 6.15 | 7.04 |
| UTI MMF - Regular Plan - Growth Option | 01-07-2009 | 7.58 | 6.81 | 5.82 | 6.0 | 6.93 |
| Tata Money Market Fund-Regular Plan - Growth Option | 20-05-2003 | 7.57 | 6.74 | 5.8 | 6.06 | 6.16 |
| Nippon India Money Market Fund-Growth Plan-Growth Option | 01-06-2005 | 7.57 | 6.81 | 5.84 | 6.02 | 6.94 |
| ICICI Prudential Money Market Fund Option - Growth | 01-03-2006 | 7.54 | 6.72 | 5.73 | 5.97 | 6.9 |
| Axis Money Market Fund - Regular Plan - Growth Option | 05-08-2019 | 7.52 | 6.72 | 5.75 | 0.0 | 0.0 |
| Kotak Money Market Fund - (Growth) | 14-07-2003 | 7.51 | 6.72 | 5.76 | 5.88 | 6.88 |
| HDFC Money Market Fund - Growth Option | 05-11-1999 | 7.47 | 6.66 | 5.72 | 6.07 | 6.88 |