Edelweiss Money Market Fund vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Money Market Fund is a Money Market fund and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund is an Index fund. Edelweiss Money Market Fund charges 0.11% a year and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund 0.21% (Direct plans). Their portfolios overlap 13.2%: they hold 3 of the same securities.
Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund
Index
- Expense ratio
- 0.21%
- NAV
- ₹10.04
Which is better, Edelweiss Money Market or Tata CRISIL IBX Financial Services 3 6 Months Debt Index? Key differences
It depends on what you want from the fund. These are the differences in numbers, from the data on this page.
- Edelweiss Money Market costs less: 0.11% a year against 0.21% (Direct plans).
- Edelweiss Money Market fell less in its worst fall since 15-09-2026: −0.1% against −0.1%.
- Edelweiss Money Market is the larger fund: ₹2,065 Cr against ₹637 Cr.
- Their portfolios overlap 13.2%: 3 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 | Edelweiss Money Market Fund | Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | Tata Mutual Fund |
| Category | Money Market | Index |
| AUM | ₹2,065 Cr (30-09-2026) | ₹637 Cr (30-09-2026) |
| NAV | ₹34.10 (Direct) | ₹10.04 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.21% |
| Expense ratio (Regular) | 0.67% | 0.44% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL Money Market A-I Index | CRISIL-IBX Financial Services 3-6 Months Debt Index (TRI) |
| Launch date | 27-06-2008 | 24-09-2026 |
| Minimum investment | ₹100 | Not available |
| Lock in | None | None |
| Fund managers | Rahul Dedhia, Hetul Raval | Dhawal Joshi, Amit Somani |
| Exit load | Nil | 0.25% of the applicable NAV, if redeemed on or before 30 days from the date of allotment. |
Edelweiss Money Market vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index: 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Money Market Fund (Direct) | +0.33% | +1.52% | +3.32% | +6.40% | +7.24% | +6.52% | -- |
| Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund (Direct) | +0.30% | -- | -- | -- | -- | -- | -- |
| Money Market average | +0.33% | +1.49% | +3.29% | +6.35% | +7.24% | +6.68% | -- |
Category average: the average of the 27 Money Market funds, same plan type.
Edelweiss Money Market vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index: Year-wise Returns
| Year | Edelweiss Money MarketEdelweiss Money Market | Tata CRISIL IBX Financial Services 3 6 Months Debt IndexTata CRISIL IBX Financial Services 3 6 Months Debt Index |
|---|---|---|
| 2026to date | +5.26% | -- |
| 2025 | +7.56% | -- |
| 2024 | +7.71% | -- |
| 2023 | +7.17% | -- |
| 2022 | +4.25% | -- |
| 2021 | +3.65% | -- |
Edelweiss Money Market vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index: Rolling Returns
Every holding period of both funds
Edelweiss Money Market vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index: Risk and Drawdowns
How much each fund swings, and the worst fall over the same days
Risk and return
| Measure | Edelweiss Money Market Fund (Direct) | Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.58% | +3.50% |
| Standard deviation | 1.72% | 0.61% |
| Sharpe ratio | 0.69 | -3.27 |
| Sortino ratio | 1.04 | -3.54 |
| Maximum drawdown | −2.2% (07-06-2018) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 28-11-2016 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.
Edelweiss Money Market Fund (Direct)
Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund (Direct)
| Fund | Worst fall | High before it | Bottom | Back at the high | Time to climb back | Below its high today |
|---|---|---|---|---|---|---|
| Edelweiss Money Market Fund (Direct) | −0.1% | 19-10-2026 | 22-10-2026 | 27-10-2026 | 5 days | 0.0% |
| Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund (Direct) | −0.1% | 13-10-2026 | 22-10-2026 | 29-10-2026 | 7 days | 0.0% |
From daily values since 15-09-2026, the first day every fund has.
Edelweiss Money Market vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Money Market Fund, September 2026; Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund, September 2026
Holdings in common
- Overlap
- 13.2%
- Held by both
- 3
- Only in Edelweiss Money Market
- 31
- Only in Tata CRISIL IBX Financial Services 3 6 Months Debt Index
- 14
| Security | % of Edelweiss Money Market | % of Tata CRISIL IBX Financial Services 3 6 Months Debt Index |
|---|---|---|
| SIDBI CD RED 18-02-2027 | 7.07% | 7.64% |
| HDFC BANK CD RED 09-03-2027 | 7.05% | 3.81% |
| NABARD CD RED 10-03-2027 | 2.35% | 3.81% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 13.2% means 13.2% 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 Edelweiss Money Market Fund
| Security | % of fund |
|---|---|
| NABARD CD RED 17-02-2027 | 7.08% |
| ICICI BANK CD RED 19-03-2027 | 5.87% |
| UNION BANK OF INDIA CD RED 19-01-2027 | 4.75% |
| FEDERAL BANK LTD CD RED 04-03-27 | 4.70% |
| BANK OF BARODA CD RED 08-03-27 | 3.53% |
Largest holdings only in Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund
| Security | % of fund |
|---|---|
| ** 07.95 % REC LTD - 12/03/2027 | 7.87% |
| ** - CANARA BANK - CD - 29/01/2027 | 7.68% |
| ** - BANK OF BARODA - CD - 04/02/2027 | 7.67% |
| ** - ADITYA BIRLA CAPITAL LTD - CP - 04/02/2027 | 7.66% |
| ** - UNION BANK OF INDIA - CD - 02/03/2027 | 7.63% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Money Market | Tata CRISIL IBX Financial Services 3 6 Months Debt Index |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.2% | 98.9% |
| Cash and others | 4.8% | 1.1% |
Edelweiss Money Market vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Money Market Fund | Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.21% |
| Base expense ratio (Direct) | 0.10% | 0.07% |
| Total expense ratio (Regular) | 0.67% | 0.44% |
| Base expense ratio (Regular) | 0.58% | 0.30% |
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
Edelweiss Money Market Fund vs Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund: Frequently Asked Questions
What is the difference between Edelweiss Money Market Fund and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund?
Edelweiss Money Market Fund is a Money Market fund, Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund is an Index fund, run by Edelweiss Mutual Fund and Tata Mutual Fund. Their portfolios overlap 13.2%. Edelweiss Money Market Fund charges 0.11% a year and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund 0.21%.
Which has the lower expense ratio, Edelweiss Money Market Fund or Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund?
Edelweiss Money Market Fund charges less: 0.11% a year against 0.21%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Money Market Fund and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund overlap?
13.2%. They hold 3 of the same securities, the largest shared ones being SIDBI CD RED 18-02-2027, HDFC BANK CD RED 09-03-2027, NABARD CD RED 10-03-2027. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Money Market Fund or Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund?
On SEBI's riskometer, Edelweiss Money Market Fund is rated Low to Moderate and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund Low to Moderate. Over their common history, the standard deviation of daily returns was 1.72% and 0.61% a year.
Can I invest in both Edelweiss Money Market Fund and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund?
Yes. 13.2% of each fund's money sits in the same holdings, so some of the two investments would move together.
Who manages Edelweiss Money Market Fund and Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund?
Edelweiss Money Market Fund: Rahul Dedhia, Hetul Raval. Tata CRISIL IBX Financial Services 3 6 Months Debt Index Fund: Dhawal Joshi, Amit Somani.
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.