6M
1Y
All
Fund Details
Edelweiss Overnight Fund Direct IDCW Yearly
| Risk | Low |
|---|---|
| Min SIP Amount | ₹500 |
| Expense Ratio | 0.11% |
| NAV | ₹1075.64 (24 Jun 2021) |
|---|---|
| Fund Started | 22 Jul 2019 |
| Fund Size | ₹409 Cr |
Returns
1Y
3Y*
5Y*
Since inception*
Fund Returns
3.1%
-
-
5.2%
Category Average
3.0%
4.5%
5.1%
-
Rank Within Category
5
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount₹500
Amount Per Month₹5,000
Would have become
₹0
with 3.1% returns per annum
Comparison
Data not available
Pros
1. Lower expense ratio - 0.11%
2. 1Y Returns are higher than the category average returns
3. Exit load is zero
Cons
1. Asset under management(AUM) is less than 500 Crs. Watch expense ratio when AUM is very low
2. Age is less than 3 years
Fund Managers
Gautam Kaul
Rahul Dedhia
Edelweiss Overnight Fund Direct IDCW Yearly Details
Edelweiss Overnight Fund Direct IDCW Yearly is a Debt Mutual Fund Scheme launched by Edelweiss Mutual Fund. This scheme was made available to investors on 22 Jul 2019. Gautam Kaul is the Current Fund Manager of Edelweiss Overnight Fund Direct IDCW Yearly fund.The fund currently has an Asset Under Management(AUM) of ₹409 Cr and the Latest NAV as of 24 Jun 2021 is ₹1075.64.
The Edelweiss Overnight Fund Direct IDCW Yearly is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
Investment Objective
The scheme seeks to generate returns commensurate with risk of investments in overnight instruments.
Tax Implications
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.
Scheme Information Document(SID)
₹5000
Min for First Investment
₹500
Min for Second Investment
Nil
Exit Load
Compare Funds
Edelweiss Overnight Fund Direct IDCW Yearly
VS
search
About Edelweiss Mutual Fund
Address
Tower 3, Wing B, Ground Floor, Kohinoor City Mall, Kohinoor City, Kirol Road, Kurla(W), Mumbai 400070
Phone
+91 22 40979900
Launch Date
30 Apr 2008
E-mail
[email protected]Website
NAEdelweiss Mutual Fund
Asset Management Company
Custodian
Standard Chartered Bank
Registrar & Transfer Agent
KFin Tech
Address
Karvy House, No. 46, 8-2-609/K, Avenue 4, Street No.1 Banjara Hills,
Email
[email protected]Website
www.karvymfs.com