Edelweiss Money Market Fund vs WhiteOak Capital Ultra Short Term Fund
Direct Plan, Growth option · Data as on 30-10-2026
Edelweiss Money Market Fund is a Money Market fund and WhiteOak Capital Ultra Short Term Fund is an Ultra Short fund. In the 3 years to 30-10-2026, Edelweiss Money Market Fund (Direct) returned 7.2% a year and WhiteOak Capital Ultra Short Term Fund (Direct) returned 6.9% a year. Edelweiss Money Market Fund charges 0.11% a year and WhiteOak Capital Ultra Short Term Fund 0.27% (Direct plans). Their portfolios overlap 14.4%: they hold 4 of the same securities.
Edelweiss Money Market Fund
Money Market
- 3 year return
- 7.2%
- Expense ratio
- 0.11%
- NAV
- ₹34.10
WhiteOak Capital Ultra Short Term Fund
Ultra Short
- 3 year return
- 6.9%
- Expense ratio
- 0.27%
- NAV
- ₹1,527.59
Which is better, Edelweiss Money Market or WhiteOak Capital 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 Money Market returned more over 5 years: 6.5% a year against 6.4%.
- Edelweiss Money Market returned more over 3 years: 7.2% a year against 6.9%.
- Edelweiss Money Market costs less: 0.11% a year against 0.27% (Direct plans).
- WhiteOak Capital Ultra Short Term swung less over 3 years: a standard deviation of 0.4% a year against 0.4%.
- WhiteOak Capital Ultra Short Term fell less in its worst fall since 10-06-2019: −0.2% against −1.6%.
- Edelweiss Money Market is the larger fund: ₹2,065 Cr against ₹549 Cr.
- Their portfolios overlap 14.4%: 4 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 | WhiteOak Capital Ultra Short Term Fund |
|---|---|---|
| Fund house | Edelweiss Mutual Fund | WhiteOak Capital Mutual Fund |
| Category | Money Market | Ultra Short |
| AUM | ₹2,065 Cr (30-09-2026) | ₹549 Cr (30-09-2026) |
| NAV | ₹34.10 (Direct) | ₹1,527.59 (Direct) |
| Expense ratio (Direct) | 0.11% | 0.27% |
| Expense ratio (Regular) | 0.67% | 0.82% |
| Riskometer | Low to Moderate | Low to Moderate |
| Benchmark | CRISIL Money Market A-I Index | CRISIL Ultra Short Duration Debt A-I Index |
| Launch date | 27-06-2008 | 06-06-2019 |
| Minimum investment | ₹100 | For Growth option - Rs.500; For IDCW option - Rs.2000 |
| Lock in | None | None |
| Fund managers | Rahul Dedhia, Hetul Raval | Piyush Baranwal |
| Exit load | Nil | Nil |
Edelweiss Money Market vs WhiteOak Capital 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 |
|---|---|---|---|---|---|---|---|
| Edelweiss Money Market Fund (Direct) | +0.33% | +1.52% | +3.32% | +6.40% | +7.24% | +6.52% | -- |
| WhiteOak Capital Ultra Short Term Fund (Direct) | +0.29% | +1.43% | +3.16% | +6.20% | +6.92% | +6.36% | -- |
| Money Market average | +0.33% | +1.49% | +3.29% | +6.35% | +7.24% | +6.68% | -- |
| Ultra Short average | +0.30% | +1.34% | +3.06% | +6.00% | +6.82% | +6.27% | -- |
Category average: the average of the 27 Money Market funds and the 26 Ultra Short funds, same plan type.
Edelweiss Money Market vs WhiteOak Capital Ultra Short Term: Year-wise Returns
| Year | Edelweiss Money MarketEdelweiss Money Market | WhiteOak Capital Ultra Short TermWhiteOak Capital Ultra Short Term |
|---|---|---|
| 2026to date | +5.26% | +5.18% |
| 2025 | +7.56% | +6.94% |
| 2024 | +7.71% | +7.46% |
| 2023 | +7.17% | +7.06% |
| 2022 | +4.25% | +4.60% |
| 2021 | +3.65% | +4.51% |
Edelweiss Money Market vs WhiteOak Capital Ultra Short Term: Rolling Returns
Every holding period of both funds
Rolling returns
Every 3-year holding period, 1,064 of them, one for each trading day from 10-06-2022 to 30-10-2026: the yearly return (CAGR) of each, plotted on the day it ended. One lucky or unlucky start day cannot flatter or hide a fund.
Edelweiss Money Market Fund (Direct)
WhiteOak Capital Ultra Short Term Fund (Direct)
to
Oct 2022Jul 2020
to
Jul 2023Apr 2021
to
Apr 2024Jan 2022
to
Jan 2025Oct 2022
to
Oct 2025Jun 2023
to
Jun 2026
How the periods spread
| Fund | Below 0% | 0-5% | 5-10% | 10-15% | 15-20% | 20-25% | Above 25% | Mean | Median | Lowest | Highest |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Edelweiss Money Market | 0.0 | 24.9 | 75.1 | 0.0 | 0.0 | 0.0 | 0.0 | 6.0% | 5.9% | 4.4% | 7.6% |
| WhiteOak Capital Ultra Short Term | 0.0 | 26.2 | 73.8 | 0.0 | 0.0 | 0.0 | 0.0 | 5.9% | 6.0% | 4.3% | 7.2% |
The table shows the % of periods in each return band; a darker cell holds more of them. Lumpsum: the yearly rate (CAGR) from a period's first NAV to its last. SIP: the XIRR of the monthly instalments. Every fund is measured over the days all of them have, from 10-06-2019. Past returns do not promise future returns.
Edelweiss Money Market vs WhiteOak Capital Ultra Short Term: SIP and Lumpsum Returns
What the same monthly or one-time investment would be worth in each fund today, from their own NAV history
Growth of an investment
₹10,000 on the first trading day of every month, from 03-06-2019 to 30-10-2026: 89 instalments, ₹8,90,000 in all.
| Investment | Invested | Value now | Gain | Return a year |
|---|---|---|---|---|
| Edelweiss Money MarketEdelweiss Money Market Fund (Direct) | ₹8,90,000 | ₹11,37,312 | ₹2,47,312 | 6.5% |
| WhiteOak Capital Ultra Short TermWhiteOak Capital Ultra Short Term Fund (Direct) | ₹8,90,000 | ₹11,28,147 | ₹2,38,147 | 6.3% |
Edelweiss Money MarketEdelweiss Money Market Fund (Direct)
WhiteOak Capital Ultra Short TermWhiteOak Capital Ultra Short Term Fund (Direct)
Amount invested
From each plan's published NAV (Growth option), over the same days. Return a year: XIRR for a SIP, CAGR for a lumpsum, shown for a year or more. It does not include exit load, stamp duty or tax. Past returns do not promise future returns.
Edelweiss Money Market vs WhiteOak Capital Ultra Short Term: 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) | WhiteOak Capital Ultra Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.40% | +6.20% |
| Standard deviation | 0.51% | 0.43% |
| Sharpe ratio | 2.24 | 2.19 |
| Sortino ratio | 3.60 | 3.56 |
| Maximum drawdown | −0.1% (22-05-2026) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2025 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.
| Measure | Edelweiss Money Market Fund (Direct) | WhiteOak Capital Ultra Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +7.24% | +6.92% |
| Standard deviation | 0.42% | 0.36% |
| Sharpe ratio | 2.90 | 2.47 |
| Sortino ratio | 5.34 | 4.60 |
| Maximum drawdown | −0.1% (22-05-2026) | −0.1% (22-10-2026) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 30-10-2023 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.
| Measure | Edelweiss Money Market Fund (Direct) | WhiteOak Capital Ultra Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.52% | +6.36% |
| Standard deviation | 0.41% | 0.34% |
| Sharpe ratio | 1.75 | 1.63 |
| Sortino ratio | 2.88 | 2.91 |
| Maximum drawdown | −0.3% (06-05-2022) | −0.2% (11-05-2022) |
| Beta | -- | -- |
| Alpha | -- | -- |
From daily NAVs, 29-10-2021 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.
| Measure | Edelweiss Money Market Fund (Direct) | WhiteOak Capital Ultra Short Term Fund (Direct) |
|---|---|---|
| Return (CAGR) | +6.58% | +5.89% |
| Standard deviation | 1.72% | 0.53% |
| Sharpe ratio | 0.69 | 1.39 |
| Sortino ratio | 1.04 | 4.39 |
| Maximum drawdown | −2.2% (07-06-2018) | −0.2% (11-05-2022) |
| 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)
WhiteOak Capital Ultra Short Term 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) | −1.6% | 04-12-2019 | 13-12-2019 | 01-01-2020 | 19 days | 0.0% |
| WhiteOak Capital Ultra Short Term Fund (Direct) | −0.2% | 02-05-2022 | 11-05-2022 | 24-05-2022 | 13 days | 0.0% |
From daily values since 10-06-2019, the first day every fund has.
Rolling standard deviation
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 1-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Money Market Fund (Direct)
WhiteOak Capital Ultra Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 3-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Money Market Fund (Direct)
WhiteOak Capital Ultra Short Term Fund (Direct)
Whether the swings have grown or calmed over time: the standard deviation of daily changes over every 5-year window, scaled to a year, plotted on the window's last day. Higher means a bumpier ride.
Edelweiss Money Market Fund (Direct)
WhiteOak Capital Ultra Short Term Fund (Direct)
Edelweiss Money Market vs WhiteOak Capital Ultra Short Term: Portfolio Overlap
From each fund's latest monthly portfolio: Edelweiss Money Market Fund, September 2026; WhiteOak Capital Ultra Short Term Fund, September 2026
Holdings in common
- Overlap
- 14.4%
- Held by both
- 4
- Only in Edelweiss Money Market
- 30
- Only in WhiteOak Capital Ultra Short Term
- 18
| Security | % of Edelweiss Money Market | % of WhiteOak Capital Ultra Short Term |
|---|---|---|
| NABARD CD RED 17-02-2027 | 7.08% | 8.87% |
| BANK OF BARODA CD RED 08-03-27 | 3.53% | 8.49% |
| UNION BANK OF INDIA CD RED 19-01-2027 | 4.75% | 3.48% |
| SBI CDMDF--A2 | 0.34% | 0.29% |
Overlap: for each holding both funds own, the smaller of its two weights, added up. 14.4% means 14.4% 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 |
|---|---|
| SIDBI CD RED 18-02-2027 | 7.07% |
| HDFC BANK CD RED 09-03-2027 | 7.05% |
| ICICI BANK CD RED 19-03-2027 | 5.87% |
| FEDERAL BANK LTD CD RED 04-03-27 | 4.70% |
| 182 DAYS TBILL RED 04-02-2027 | 3.32% |
Largest holdings only in WhiteOak Capital Ultra Short Term Fund
| Security | % of fund |
|---|---|
| 8.9% Muthoot Finance Limited (17/06/2027) | 4.56% |
| 7.9% LIC Housing Finance Limited (23/06/2027) | 4.55% |
| 7.14% Bajaj Housing Finance Limited (26/02/2027) | 4.54% |
| Small Industries Dev Bank of India (04/02/2027) | 4.45% |
| Canara Bank (29/01/2027) | 4.45% |
Asset and sector split
Share of each fund, from its latest monthly portfolio
Asset allocation
| Asset | Edelweiss Money Market | WhiteOak Capital Ultra Short Term |
|---|---|---|
| Equity | 0.0% | 0.0% |
| Debt | 95.2% | 94.2% |
| Cash and others | 4.8% | 5.8% |
Edelweiss Money Market vs WhiteOak Capital Ultra Short Term: Expense Ratio
What each plan charges a year, from AMFI's expense ratio file
| Charge | Edelweiss Money Market Fund | WhiteOak Capital Ultra Short Term Fund |
|---|---|---|
| Total expense ratio (Direct) | 0.11% | 0.27% |
| Base expense ratio (Direct) | 0.10% | 0.22% |
| Total expense ratio (Regular) | 0.67% | 0.82% |
| Base expense ratio (Regular) | 0.58% | 0.69% |
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 Edelweiss Money Market with
Compare WhiteOak Capital Ultra Short Term with
- WhiteOak Capital Ultra Short Term vs Tata Ultra Short Term
- WhiteOak Capital Ultra Short Term vs Aditya Birla Sun Life Ultra Short Term
- WhiteOak Capital Ultra Short Term vs Axis Ultra Short Term fund
- WhiteOak Capital Ultra Short Term vs Mirae Asset Ultra Short-Term
- WhiteOak Capital Ultra Short Term vs ICICI Prudential Ultra Short Term
Edelweiss Money Market Fund vs WhiteOak Capital Ultra Short Term Fund: Frequently Asked Questions
What is the difference between Edelweiss Money Market Fund and WhiteOak Capital Ultra Short Term Fund?
Edelweiss Money Market Fund is a Money Market fund, WhiteOak Capital Ultra Short Term Fund is an Ultra Short fund, run by Edelweiss Mutual Fund and WhiteOak Capital Mutual Fund. Their portfolios overlap 14.4%. Edelweiss Money Market Fund charges 0.11% a year and WhiteOak Capital Ultra Short Term Fund 0.27%.
Which has given higher returns, Edelweiss Money Market Fund or WhiteOak Capital Ultra Short Term Fund?
Over 1 year: Edelweiss Money Market Fund +6.40%, WhiteOak Capital Ultra Short Term Fund +6.20%. Over 3 years: Edelweiss Money Market Fund +7.24% a year, WhiteOak Capital Ultra Short Term Fund +6.92% a year. Over 5 years: Edelweiss Money Market Fund +6.52% a year, WhiteOak Capital Ultra Short Term Fund +6.36% a year. As on 30-10-2026. Past returns do not promise future returns.
Which has the lower expense ratio, Edelweiss Money Market Fund or WhiteOak Capital Ultra Short Term Fund?
Edelweiss Money Market Fund charges less: 0.11% a year against 0.27%. These are the Direct plans' total expense ratios reported to AMFI.
How much do Edelweiss Money Market Fund and WhiteOak Capital Ultra Short Term Fund overlap?
14.4%. They hold 4 of the same securities, the largest shared ones being NABARD CD RED 17-02-2027, BANK OF BARODA CD RED 08-03-27, UNION BANK OF INDIA CD RED 19-01-2027. From each fund's latest monthly portfolio.
Which is riskier, Edelweiss Money Market Fund or WhiteOak Capital Ultra Short Term Fund?
On SEBI's riskometer, Edelweiss Money Market Fund is rated Low to Moderate and WhiteOak Capital Ultra Short Term Fund Low to Moderate. Over 3 years, the standard deviation of daily returns was 0.42% and 0.36% a year.
Which is better for SIP, Edelweiss Money Market Fund or WhiteOak Capital Ultra Short Term Fund?
Over the last 5 years, a monthly SIP of ₹10,000 from 01-10-2021 to 30-10-2026 grew to ₹7,29,034 in Edelweiss Money Market Fund (XIRR 7.0% a year) and ₹7,24,469 in WhiteOak Capital Ultra Short Term Fund (XIRR 6.7% a year). Both received 61 instalments. Past returns do not promise future returns.
Can I invest in both Edelweiss Money Market Fund and WhiteOak Capital Ultra Short Term Fund?
Yes. 14.4% 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 WhiteOak Capital Ultra Short Term Fund?
Edelweiss Money Market Fund: Rahul Dedhia, Hetul Raval. WhiteOak Capital Ultra Short Term Fund: Piyush Baranwal.
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.