Fund Performance
Lumpsum
SIP
4.04
as on 28 May 20233 Years
Investment of ₹ 10,000 in this fund 3 Years back would be ₹ 11,261 today.
NAV Performance
Fund Information
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₹ 1,170.726
as on 28 May 2023 -
Regular - Growth
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₹ 5,000
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₹ 543 Cr.
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0.16%
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23 Jul 2019
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CRISIL 10 Year Gilt Index
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Edelweiss Mutual Fund
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Highlights of this fund
Edelweiss Overnight Fund is an Open-ended Debt Fund. The fund belongs to Overnight Fund category, where the investment is done in predominantly in stocks that are listed on Stock Exchanges like the Bombay Stock Exchange (BSE) or the National Stock Exchange (NSE) in India as well as Global stock exchanges like the Dow Jones, London Stock Exchange or LSE etc. This fund was started on 23 Jul 2019. This fund is offered by one of the top AMC (Assets Management Company) Edelweiss Mutual Fund. You can also view here all other Debt funds offered by Edelweiss Mutual Fund.
Latest NAV of the fund is ₹ 1,170.726 as on 28 May 2023.
This fund has 3 years of track record. Since 31 Mar 2023 expense ratio of this fund is 0.16%. Ideally you shoulds compare this fund with the benchmark CRISIL 10 Year Gilt Index.
You can invest in this fund in SIP with the minimum investment of ₹ 500. Lumpsum invest is offered with minimum investment of ₹ 5,000.
Fund Objective
The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments.
List of Fund Managers of Edelweiss Overnight Fund
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About Pranavi Kulkarni
Ms. Kulkarni is a BE Computer Science, MBA Finance Prior to joining Edelweiss Mutual Fund, she has worked with CRISIL Ltd. and Yes Bank.
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About Rahul Dedhia
Rahul Dedhia started his career with Alka Securities in the year 2009 and has over 9 years of rich experience in the financial markets. Amongst some of the most prominent Mutual Fund players in the market, he has worked with DHFL Pramerica erstwhile Deustche Mutual Fund and Peerless Mutual Fund. He is the Fund Manager with us managing Fixed Income funds. With an MBA in Finance and a Bachelor’s in Engineering, he strongly believes in the essence of having a close knit family and friends; He states in the end your success is futile in the absence of anyone to celebrate it with.
Riskometer : Risk associated with this fund
Investors understand that their principal will be at Low Risk
Fund Return Comparison
| Fund Name | 1 Week | 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years | 1 Year | 2 Years | 3 Years | 5 Years | 10 Years |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Category Best | 0.13% | 0.56% | 1.60% | 3.20% | 5.96% | 4.68% | 4.15% | 4.63% | 6.03% | 6.33% | 5.41% | 4.81% | 4.44% | 5.22% |
| Category Average | 0.11% | 0.51% | 1.51% | 3.00% | 5.55% | 4.38% | 3.97% | 4.50% | 5.92% | 6.17% | 5.26% | 4.67% | 4.40% | 5.13% |
| Edelweiss Overnight Fund | 0.12%₹ 10,012 | 0.53%₹ 10,053 | 1.56%₹ 10,156 | 3.12%₹ 10,311 | 5.80%₹ 10,579 | 6.16%₹ 12,395 | 4.52%₹ 10,924 | 5.24%₹ 25,319 | 4.04%₹ 11,261 | 4.66%₹ 38,645 | - | - | - | - |
| BOI AXA Overnight Fund | 0.12%₹ 10,012 | 0.54%₹ 10,053 | 1.60%₹ 10,160 | 3.20%₹ 10,320 | 5.96%₹ 10,596 | 6.33%₹ 12,405 | 4.68%₹ 10,959 | 5.41%₹ 25,362 | 4.15%₹ 11,297 | 4.81%₹ 38,730 | - | - | - | - |
| Axis Overnight Fund | 0.11%₹ 10,011 | 0.53%₹ 10,053 | 1.58%₹ 10,158 | 3.16%₹ 10,316 | 5.91%₹ 10,590 | 6.26%₹ 12,401 | 4.61%₹ 10,942 | 5.34%₹ 25,344 | 4.09%₹ 11,276 | 4.74%₹ 38,691 | - | - | - | - |
| Canara Robeco Overnight Fund | 0.11%₹ 10,011 | 0.52%₹ 10,052 | 1.57%₹ 10,156 | 3.15%₹ 10,314 | 5.89%₹ 10,588 | 6.22%₹ 12,398 | 4.59%₹ 10,941 | 5.32%₹ 25,337 | 4.08%₹ 11,275 | 4.73%₹ 38,682 | - | - | - | - |
| Mirae Asset Overnight Fund | 0.12%₹ 10,012 | 0.53%₹ 10,052 | 1.58%₹ 10,157 | 3.15%₹ 10,315 | 5.86%₹ 10,586 | 6.22%₹ 12,399 | 4.58%₹ 10,937 | 5.30%₹ 25,335 | 4.07%₹ 11,272 | 4.72%₹ 38,677 | - | - | - | - |
| Baroda Overnight Fund | 0.12%₹ 10,011 | 0.56%₹ 10,055 | 1.59%₹ 10,158 | 3.14%₹ 10,314 | 5.86%₹ 10,586 | 6.23%₹ 12,399 | 4.58%₹ 10,937 | 5.30%₹ 25,334 | 4.06%₹ 11,269 | 4.71%₹ 38,675 | - | - | - | - |