Edelweiss Money Market Fund
The scheme seeks to generate returns commensurate with the risk of investing in money market instruments having maturity upto 1 year
Growthvine rating: 1/5 — ranked #25 of 27 in category.
Fund basics
| Category | Debt: Money Market |
|---|---|
| NAV | ₹30.38 (as of 2026-08-21) |
| AUM | ₹2,326 Cr |
| Expense ratio | 0.60% |
| Riskometer | Low to Moderate |
| Fund manager | Hetul Raval |
| Exit load | 0 |
Performance & risk
| 5-year annualised return | 5.66% |
|---|---|
| Sharpe ratio | 1.24 |
| Standard deviation | 0.53% |
| Max drawdown | -2.32% |
| Alpha | 0 |
| Beta | 0 |
Over 5 years, captured 87.1% of NIFTY Money Market Index's upside and — of its downside.
Market cap allocation
Concentration
Top holdings
Not disclosed.
Top sectors
Not disclosed.
Calendar-year track record
| Year | Return | Quartile | Category rank |
|---|---|---|---|
| 2026 (partial) | 3.7% | Q4 (Bottom) | #25 of 26 |
| 2025 | 6.8% | Q4 (Bottom) | #22 of 24 |
| 2024 | 7.0% | Q4 (Bottom) | #22 of 24 |
| 2023 | 6.4% | Q4 (Bottom) | #20 of 22 |
| 2022 | 3.5% | Q4 (Bottom) | #19 of 19 |