3 Year return
5.7%Investment Details
Calculate Returns
Based on past performance of this fund
Risk Involved
Your principal will be at
Low Risk
Asset Under Management
₹573.79 Cr.
Expense Ratio
0.11% (inclusive of GST)
Exit Load
Nil
Tax Implications
Tax on gains as per your income tax bracket
Fund Holdings
Edelweiss Mutual Fund Managers
RD
Rahul Dedhia
Fund Manager since Jul 2019
Fund House Details
Edelweiss Mutual Fund Asset management company
Peer Comparison
Comparison with other similar funds
Funds
|
3 Y Returns
|
ARQ Rating
|
---|---|---|
PGIM India Overnight Fund |
5.76% |
4 |
DSP Overnight Fund |
5.77% |
4.5 |
HSBC Overnight Fund |
5.78% |
2 |
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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 | 4.86% |
Expense Ratio | 0.11% |
Fund Manager | Rahul Dedhia |
Fund Size | ₹573.79 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 |
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
FAQs
What is today's NAV of Edelweiss Overnight Fund?
What is the AUM of Edelweiss Overnight Fund?
What is the expense ratio of Edelweiss Overnight Fund?
What are the returns of Edelweiss Overnight Fund since inception?
What is the minimum SIP amount to invest in Edelweiss Overnight Fund?
How do I invest in Edelweiss Overnight Fund?
- Make sure you are logged in to Angel One.
- Select the type of investment: SIP or one-time.
- 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.
- Proceed by clicking the pay button and choosing your mode of payment.
- Your portfolio will be updated with this investment in 3-5 working days.
How to start an SIP in Edelweiss Overnight Fund?
- Click on the ‘Invest’ button.
- Enter your desired SIP amount and the SIP date.
- You can uncheck the ‘Make first payment now’ box if you don’t want to make the payment right away.
- Choose your payment method between UPI and Net Banking.
- Make your payment.
- Your SIP is created.
How do I automate an SIP in Edelweiss Overnight Fund?
- Once you create an SIP, click on ‘Set up autopay’
- Select your desired verification method - debit card, net banking or Aadhar method credentials - and click on submit.
- Once you verify the OTP, your mandate request will be created.
How can I withdraw/redeem my investment in Edelweiss Overnight Fund?
- Go to the ‘Investments’ section and click on the mutual fund scheme you want to withdraw.
- Enter the amount you want to withdraw and tap the ‘Withdraw’ button.
- Verify the details on the ‘Confirm withdraw’ screen.
- Select the bank account in which you want to receive the funds.
- You will receive your funds within three working days of placing the order.
- You can track your order in the ‘Orders’ section.