As on 22 Nov 2024
Edelweiss Money Market Fund - Direct Plan - Growth Option
DebtNAV
₹ 29.90
CAGR (3 Years)
6.24%
AUM (Cr)
₹ 1,033.79
Risk
Low to Moderate Risk
About Edelweiss Money Market Fund - Direct Plan - Growth Option
The investment objective of the scheme is to generate returns commensurate with the risk of investing in market instruments having maturity upto 1 year.
Breakdown of this Fund
Debt Others
111.75%
Govt. Securities
28.14%
T Bills
29.79%
Market Capitalization
Expense Ratio, Exit Load and Tax
Expense Ratio
0.11
Exit Load
Nil
Stamp Duty
0.005% (from July 1st, 2020)
Tax Implication
Returns are taxed at 20%, if you redeem before one year. After 1 year, you are required to pay LTCG tax of 12.5% on returns of Rs 1.25 lakh+ in a financial year.