3 Year return

Launched on July 2019 (5 years)

Investment Details


Minimum SIP Amount


Minimum one time investment

Fund has no lock-in period

Calculate Returns

Based on past performance of this fund


Your Investment ₹3,00,000
  • Total Value


Your Investment
  • Total Value

Risk Involved

Low Risk

Your principal will be at

Low Risk

Scheme Information

Asset Under Management

₹241.28 Cr.

Expense Ratio

0.11% (inclusive of GST)

Exit Load



ARQ Rating

Ratings by other agencies


Tax Implications

Withdrawal within 3 years

Tax based on your income tax bracket

Withdrawal after 3 years

20% tax after indexation (adjusting for inflation)

Fund Holdings


Edelweiss Mutual Fund Managers


Rahul Dedhia

Fund Manager since Jul 2019

View Details

Fund House Details

Edelweiss Mutual Fund

Edelweiss Mutual Fund Asset management company

AUM ₹147,767.86 Cr.
No. of Schemes 153
Setup Date NA

Peer Comparison

Comparison with other similar funds

Schemes by Edelweiss Mutual Fund

List of mutual fund schemes by AMC

About Edelweiss Overnight Fund Direct Plan Growth

The Edelweiss Overnight Fund, a part of Edelweiss Mutual Fund, falls under the category of Debt - Overnight Funds. These funds primarily invest in debt securities with very short maturity periods, usually within 24 hours. The fund aims to provide a safe and steady income for investors while maintaining high liquidity due to its short-term nature.

Investment Objectives of the Scheme

The primary objective of the Edelweiss Overnight Fund is to generate optimal returns through investments in overnight securities and money market instruments. These securities generally have minimal interest rate risks due to their short maturity periods, which makes them suitable for investors seeking a stable and low-risk investment option.

Key Features of The Fund

5-year return NA
Expense Ratio 0.11%
Fund Manager Rahul Dedhia
Fund Size ₹241.28 Cr
Risk Profile Low

Is This Scheme Right for Me?

The Edelweiss Overnight Fund is a suitable choice for investors with a low-risk appetite who prioritize capital preservation and liquidity. It's an ideal option for individuals and corporate investors looking to park surplus funds for a short period without exposure to market fluctuations. Since it primarily invests in highly secure overnight securities, it provides a safe haven for idle funds and may also serve as a temporary parking option for short-term financial goals.

AMC Contact Details

Name Edelweiss Mutual Fund
Launch Date 2009
Addresss Edelweiss House, Off. C.S.T Road, Kalina, Mumbai - 400 098
Contact 1800 425 0090
Email EMFHelp@edelweissmf.com
Website https://www.edelweissmf.com/

Disclaimer: Mutual funds are subject to market risk. Read all scheme-related documents carefully to make informed-decision.

Your Guide Map for Investing

Investing without setting a financial goal takes out the aspect of clarity for an investor. Once a goal is set such as purchasing that dream car, you need to determine the optimum SIP amount vis a vis to the number of years of investing. Angel One's SIP calculator can serve as a map to guide you to take the smoothest road to your goals by finding the optimum balance between the variables affecting the SIP.


What is today's NAV of Edelweiss Overnight Fund?

NAV, or Net Asset Value, is the price of a single unit of a mutual fund. It is calculated by dividing the current value of holdings held by the mutual fund scheme at the end of the day by the total number of units issued. The NAV changes every day. The NAV of Edelweiss Overnight Fund Jun 12 2024 is 1256.1148

What is the AUM of Edelweiss Overnight Fund?

Short for Asset Under Management, AUM means the total assets held by a mutual fund scheme. The AUM of the fund changes every day based on the fluctuation in the price of the underlying assets. Fund houses don't update AUM on a daily basis. They only update it at the end of the month and release it within a few days of the following month. The AUM of Edelweiss Overnight Fund is 241.28 crore.

What is the expense ratio of Edelweiss Overnight Fund?

The expense ratio is the annual charges you pay to the mutual fund house for managing your investments. It is a percentage of Assets Under Management. It is deducted from the fund’s returns. The expense ratio of Edelweiss Overnight Fund is 0.11%

What are the returns of Edelweiss Overnight Fund since inception?

The Edelweiss Overnight Fund was launched on Jul 23 2019. The fund has delivered a CAGR of 4.77 since inception.

What is the minimum SIP amount to invest in Edelweiss Overnight Fund?

A Systematic Investment Plan (SIP) in mutual funds allows you to invest small amounts periodically instead of a one-time investment. The frequency of investment can be monthly, quarterly, half-yearly or annually, as per your convenience. The minimum SIP for Edelweiss Overnight Fund is 100.

How do I invest in Edelweiss Overnight Fund?

  1. Make sure you are logged in to Angel One.
  2. Select the type of investment: SIP or one-time.
  3. In case of an SIP, select the amount and date and click ‘Start SIP’. In case of a one-time investment, enter just the amount.
  4. Proceed by clicking the pay button and choosing your mode of payment.
  5. Your portfolio will be updated with this investment in 3-5 working days.

How to start an SIP in Edelweiss Overnight Fund?

  1. Click on the ‘Invest’ button.
  2. Enter your desired SIP amount and the SIP date.
  3. You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
  4. Choose your payment method between UPI and Net Banking.
  5. Make your payment.
  6. Your SIP is created.

How do I automate an SIP in Edelweiss Overnight Fund?

  1. Once you create an SIP, click on ‘Set up autopay’
  2. Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
  3. Once you verify the OTP, your mandate request will be created.

How can I withdraw/redeem my investment in Edelweiss Overnight Fund?

  1. Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
  2. Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
  3. Verify the details on the ‘Confirm withdraw’ screen.
  4. Select the bank account in which you want to receive the funds.
  5. You will receive your funds within three working days of placing the order.
  6. You can track your order in the ‘Orders’ section.