As on 07 Nov 2024
Edelweiss Money Market Fund - Direct Plan - Growth Option
DebtNAV
₹ 29.82
CAGR (3 Years)
6.20%
AUM (Cr)
₹ 1,045.53
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
112.82%
Govt. Securities
25.32%
T Bills
29.50%
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.