Baroda BNP Paribas Money Market Fund vs Edelweiss Ultra Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Baroda BNP Paribas Money Market Fund is a Money Market fund and Edelweiss Ultra Short Term Fund is an Ultra Short fund. Baroda BNP Paribas Money Market Fund charges 0.17% a year and Edelweiss Ultra Short Term Fund 0.13% (Direct plans). Their portfolios overlap 11.5%: they hold 6 of the same securities.
Baroda BNP Paribas Money Market Fund
Money Market
- Expense ratio
- 0.17%
- NAV
- ₹1,521.59
Edelweiss Ultra Short Term Fund
Ultra Short
- Expense ratio
- 0.13%
- NAV
- ₹1,009.78
Which is better, Baroda BNP Paribas Money Market or Edelweiss Ultra Short Term? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Ultra Short Term costs less: 0.13% a year against 0.17% (Direct plans).
- Edelweiss Ultra Short Term fell less in its worst fall since 27-08-2026: −0.1% against −0.1%.
- Baroda BNP Paribas Money Market is the larger fund: ₹3,393 Cr against ₹896 Cr.
- Their portfolios overlap 11.5%: 6 of the same holdings.
Past returns do not promise future returns. This page is information, not investment advice.
Key facts
From each fund's scheme summary document and AMFI
| Fact | Baroda BNP Paribas Money Market Fund | Edelweiss Ultra Short Term Fund |
|---|---|---|
| Fund house | Baroda BNP Paribas Mutual Fund | Edelweiss Mutual Fund |
| Category | Money Market | Ultra Short |
| AUM | ₹3,393 Cr (30-09-2026) | ₹896 Cr (30-09-2026) |
| NAV | ₹1,521.59 (Direct) | ₹1,009.78 (Direct) |
| Expense ratio (Direct) | 0.17% | 0.13% |
| Expense ratio (Regular) | 0.40% | 0.61% |
| Riskometer | Not available | Low to Moderate |
| Benchmark | Not available | CRISIL Ultra Short Duration Debt A-I Index |
| Launch date | Not available | 25-08-2026 |
| Minimum investment | Not available | ₹100 |
| Lock in | Not available | None |
| Fund managers | Not available | Rahul Dedhia, Kedar Karnik |
| Exit load | Not available | Nil |
Baroda BNP Paribas Money Market vs Edelweiss Ultra Short Term: Returns Comparison
Returns as on 30-10-2026. Up to one year they are absolute returns. Longer periods are a rate per year.
| Fund | 1M | 3M | 6M | 1Y | 3Y | 5Y | 10Y |
|---|---|---|---|---|---|---|---|
| Baroda BNP Paribas Money Market Fund (Direct) | +0.32% | +1.50% | +3.30% | +6.31% | +7.18% | +6.50% | -- |
| Edelweiss Ultra Short Term Fund (Direct) | +0.31% | -- | -- | -- | -- | -- | -- |
| Money Market average | +0.33% | +1.49% | +3.29% | +6.35% | +7.24% | +6.68% | -- |
| Ultra Short average | +0.30% | -- | -- | -- | -- | -- | -- |
Category average: the average of the 27 Money Market funds and the 26 Ultra Short funds, same plan type.
Baroda BNP Paribas Money Market vs Edelweiss Ultra Short Term: Year-wise Returns
| Year | Baroda BNP Paribas Money MarketBaroda BNP Paribas Money Market | Edelweiss Ultra Short TermEdelweiss Ultra Short Term |
|---|---|---|
| 2026to date | +5.24% | -- |
| 2025 | +7.56% | -- |
| 2024 | +7.55% | -- |
| 2023 | +7.09% | -- |
| 2022 | +4.41% | -- |
| 2021 | +3.20% | -- |
Baroda BNP Paribas Money Market vs Edelweiss Ultra Short Term: Rolling Returns
Every holding period of both funds
Baroda BNP Paribas Money Market vs Edelweiss Ultra Short Term: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Baroda BNP Paribas Money Market Fund (Direct) | Edelweiss Ultra Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +5.86% | +5.38% |
| Standard deviation | 0.37% | 0.51% |
| Sharpe ratio | 1.95 | 0.20 |
| Sortino ratio | 3.50 | 0.27 |
| Maximum drawdown | −0.2% (06-05-2022) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 20-06-2019 to 30-10-2026. Standard deviation: how much the daily value swings, scaled to a year. Sharpe: return above the risk-free rate (NSE's overnight rate index) per unit of swing. Sortino: the same, counting only the falls. Beta and alpha compare each fund with its own benchmark's TRI.
Drawdowns
How far below its previous high each one was on every day: the falls an investor had to sit through. 0% means it was at a new high.
Baroda BNP Paribas Money Market Fund (Direct)
Edelweiss Ultra Short Term Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Baroda BNP Paribas Money Market Fund (Direct) | −0.1% | 19-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
| Edelweiss Ultra Short Term Fund (Direct) | −0.1% | 19-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
From daily values since 27-08-2026, the first day every fund has.
Baroda BNP Paribas Money Market vs Edelweiss Ultra Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Baroda BNP Paribas Money Market Fund, September 2026; Edelweiss Ultra Short Term Fund, September 2026
Holdings in common
- Overlap
- 11.5%
- Held by both
- 6
- Only in Baroda BNP Paribas Money Market
- 48
- Only in Edelweiss Ultra Short Term
- 16
| Security | % of Baroda BNP Paribas Money Market | % of Edelweiss Ultra Short Term |
|---|---|---|
| Small Industries Dev Bank of India (11/06/2027) | 4.90% | 5.31% |
| Indian Bank (05/02/2027) | 2.16% | 5.45% |
| Punjab National Bank (18/03/2027) | 1.43% | 2.70% |
| Small Industries Dev Bank of India (25/03/2027) | 1.43% | 2.70% |
| HDFC Bank Limited (24/02/2027) | 0.86% | 5.43% |
| Axis Bank Limited (12/02/2027) | 0.72% | 5.45% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 11.5% means 11.5% of each fund's money sits in positions the other also holds. Matched by ISIN. Cash and hedged positions are left out.
Largest holdings only in Baroda BNP Paribas Money Market Fund
| Security | % of fund |
|---|---|
| 7.86% State Government Securities (15/03/2027) | 5.94% |
| Punjab National Bank (05/02/2027) | 3.60% |
| Bajaj Housing Finance Limited (12/03/2027) | 3.57% |
| LIC Housing Finance Limited (11/03/2027) | 3.15% |
| 364 Days Tbill (MD 12/11/2026) | 2.93% |
Largest holdings only in Edelweiss Ultra Short Term Fund
| Security | % of fund |
|---|---|
| 182 DAYS TBILL RED 25-03-2027 | 8.14% |
| CANARA BANK CD RED 11-03-2027 | 8.12% |
| 7.71% REC LTD SR 230A NCD RED 26-02-2027 | 7.82% |
| 7.80% NABARD NCD SR 24E RED 15-03-2027 | 5.59% |
| 7.90% LIC HSG FIN TR421 NCD R 23-06-2027 | 5.58% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Baroda BNP Paribas Money Market | Edelweiss Ultra Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 100.8% | 101.4% |
| Cash and others | -0.8% | -1.4% |
Baroda BNP Paribas Money Market vs Edelweiss Ultra Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Baroda BNP Paribas Money Market Fund | Edelweiss Ultra Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.17% | 0.13% |
| Base expense ratio (Direct) | 0.14% | 0.10% |
| Total expense ratio (Regular) | 0.40% | 0.61% |
| Base expense ratio (Regular) | 0.33% | 0.51% |
The expense ratio comes out of the fund's assets every day, so every return on this page is already after it. Base expense ratio: the fund house's own fee. The total adds brokerage, transaction costs, and levies with GST.
More comparisons
Each fund against the others of its category
Compare Baroda BNP Paribas Money Market with
Compare Edelweiss Ultra Short Term with
Baroda BNP Paribas Money Market Fund vs Edelweiss Ultra Short Term Fund: Frequently Asked Questions
What is the difference between Baroda BNP Paribas Money Market Fund and Edelweiss Ultra Short Term Fund?
Baroda BNP Paribas Money Market Fund is a Money Market fund, Edelweiss Ultra Short Term Fund is an Ultra Short fund, run by Baroda BNP Paribas Mutual Fund and Edelweiss Mutual Fund. Their portfolios overlap 11.5%. Baroda BNP Paribas Money Market Fund charges 0.17% a year and Edelweiss Ultra Short Term Fund 0.13%.
Which has the lower expense ratio, Baroda BNP Paribas Money Market Fund or Edelweiss Ultra Short Term Fund?
Edelweiss Ultra Short Term Fund charges less: 0.13% a year against 0.17%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Baroda BNP Paribas Money Market Fund and Edelweiss Ultra Short Term Fund overlap?
11.5%. They hold 6 of the same securities, the largest shared ones being Small Industries Dev Bank of India (11/06/2027), Indian Bank (05/02/2027), Punjab National Bank (18/03/2027). From each fund's latest monthly portfolio.
Can I invest in both Baroda BNP Paribas Money Market Fund and Edelweiss Ultra Short Term Fund?
Yes. 11.5% of each fund's money sits in the same holdings, so some of the two investments would move together.
Sources: NAV and expense ratio from AMFI. Holdings from each fund house's monthly portfolio statement. Fund facts from each scheme summary document.
This page is information, not investment advice. Mutual fund investments are subject to market risks; read all scheme related documents carefully. Past returns do not promise future returns. Figures come from AMFI, NSE, BSE and each fund house's own documents.