HealthyDirect · GrowthFit for a long SIP
Edelweiss Money Market Fund
Edelweiss Mutual FundDebt Scheme - Money Market Fund9.9 years
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.
- NAV
- 34.0999
- 30 Oct 2026
- 1Y
- +6.4%
- Trailing CAGR
- AUM
- ₹2,322.39 Cr
- 31 Aug 2026
- Volatility
- Low
- 1.8% annualized
Buying brief
Should you add this fund?
Evidence on this desk, framed as a purchase checklist - not SEBI-registered advice.
As of 30 Oct 2026
Stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
In three lines
Fits if · Peak-to-trough drawdown has stayed shallower than 15%.
Buy checklist
History depth
Pass
9.9 years of path to read.
Engine status
Pass
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Expense ratio
Pass
0.14% TER (Direct). Lower cost compounds on long SIPs.
Drawdown vs peers
Pass
Peak-to-trough -2.2%. Ask whether you can hold through a similar fall.
Vs category
Watch
43% of rolling 3Y windows beat the category median, same plan and option.
Manager tenure
Watch
Rahul Dedhia · 1.1 years on the scheme.
Exit load
n/a
No exit-load summary on file.
Tax / wrapper
Pass
Direct Growth, no ELSS lock flagged. Equity LTCG rules still apply after one year - not tax advice.
Portfolio concentration
Pass
Top 10 holdings ≈ 50.7% of the portfolio.
Evidence supports a shortlist - confirm with peers before you buy elsewhere.
NAV
Path not in current snapshots
n/a
Returns
Trailing CAGR and simulated monthly SIP XIRR from daily NAV. Category comparison uses the median of comparable share classes in the peer set.
Trailing CAGR
Point-to-point, calendar-day annualized
- 1Y+6.4%
- 3Y+7.2%
- 5Y+6.5%
- 10Yn/a
- SI+6.6%
SIP XIRR
Equal monthly instalments to latest NAV
- 1Y+6.5%
- 3Y+7.0%
- 5Y+7.0%
- 10Yn/a
- Since inception
- +6.6%
- Calendar-day CAGR
- Excess 1Y
- +0.0%
- Category median, same plan and option
- 3Y win rate
- +43%
- Windows beating the median
- 3Y percentile
- 42
- Vs comparable share classes
- SIP 3Y XIRR
- +7.0%
- Simulated monthly SIP
- Worst rolling 3Y
- +4.4%
- 1679 daily-ending windows
- Median rolling 3Y
- +7.3%
- Calendar-day CAGR
- Positive rolling 5Y
- +100%
- 1196 daily-ending windows
Drawdown
Peak to trough from a running NAV high, with the path and recovery episodes.
- Max drawdown
- -2.2%
- Worst peak-to-trough
- Current
- 0.0%
- At peak
- Current spell
- 0 days
- Days below latest peak
- Time below peak
- +35%
- NAV observations
Drawdown
Path not in current snapshots
n/a
- Average recovery
- 6 days
- 132 recovered episodes
- Longest recovery
- 92 days
- Trough to prior peak
5 Apr 2018 – 1 Aug 2018
Trough 7 Jun 2018 · recovered in 55 days
-2.2%
6 Sept 2017 – 4 Apr 2018
Trough 1 Feb 2018 · recovered in 62 days
-2.1%
6 Feb 2017 – 12 May 2017
Trough 9 Feb 2017 · recovered in 92 days
-1.7%
4 Dec 2019 – 1 Jan 2020
Trough 13 Dec 2019 · recovered in 19 days
-1.6%
Dimensions
0–100 reads of named metrics. The mean is unweighted and only uses dimensions with data.
Returns
42
Vs category
50
Consistency
35
Risk-adjusted
45
Drawdown
95
Mean
53
Decision
Quantitative engine reasons behind the buying stance. An explanation can only restate what is already here.
Healthy
Buying stance
Fit for a long SIP
Evidence supports keeping this on a shortlist for a multi-year equity SIP.
Why this status
- No material deterioration, cost shock, or persistent category underperformance in the current evidence set.
Supporting reads
- Peak-to-trough drawdown has stayed shallower than 15%.
Portfolio
31 Aug 2026 · 41 holdings · top 10 are 50.7%.
- Top 5
- 29.4%
- Top 10
- 50.7%
- Largest holding
- 6.3%
- Effective holdings
- 27.5
National Bank For Agriculture and Rural Development (17/02/2027) **
Financial
6.3%
Small Industries Dev Bank of India (18/02/2027) **
Financial
6.3%
HDFC BANK LIMITED CD 09MAR27
Financial
6.2%
GOVERNMENT OF INDIA 37392 182 DAYS TBILL 22OT26 FV RS 100
Financial
5.3%
BANK OF BARODA CD 07DEC26
Financial
5.3%
What changed
DECISION
Status moved from MONITOR to HEALTHY.
27 Oct 2026
Worth investigating
Same-category peers with enough history to inspect beside this fund - including tradeoffs.
Franklin India Money Market Fund
Franklin Templeton Mutual Fund
- 1Y
- +6.4%
- 3Y
- +7.3%
- Vol
- 0.6%
- Max DD
- -1.2%
- Sharpe
- 2.49
- 3Y win
- +70%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Nippon India Money Market Fund
Nippon India Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.3%
- Vol
- 0.4%
- Max DD
- -0.9%
- Sharpe
- 1.60
- 3Y win
- +67%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
UTI - Money Market Fund
UTI Mutual Fund
- 1Y
- +6.3%
- 3Y
- +7.3%
- Vol
- 0.4%
- Max DD
- -0.8%
- Sharpe
- 0.53
- 3Y win
- +56%
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
- Higher trailing returns
Caveat: Higher TER
Bandhan Money Market Fund
Bandhan Mutual Fund
- 1Y
- +6.5%
- 3Y
- +7.3%
- Vol
- 0.6%
- Max DD
- -1.3%
- Sharpe
- 2.17
- 3Y win
- +37%
- Lower volatility
- Shallower drawdown
- Lower TER
- Higher trailing returns
Bank of India Money Market Fund
Bank of India Mutual Fund
- 1Y
- +6.4%
- 3Y
- n/a
- Vol
- 0.5%
- Max DD
- -0.2%
- Sharpe
- 2.18
- 3Y win
- n/a
- Lower volatility
- Shallower drawdown
- Higher win rate vs category
Caveat: Higher TER · Lower trailing returns