Home>Mutual Funds>Edelweiss Mutual Fund>Edelweiss Overnight Fund Direct IDCW Yearly
shareSHARE

Edelweiss Overnight Fund Direct IDCW Yearly+0.01%

3.14%
1 Year Return
Debt
Overnight
5.0star
6M
1Y
All

Fund Details

Edelweiss Overnight Fund Direct IDCW Yearly

RiskLow
Min SIP Amount₹500
Expense Ratio0.11%
NAV₹1075.64 (24 Jun 2021)
Fund Started22 Jul 2019
Fund Size409 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 amount500
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
keyboard_arrow_down
Rahul Dedhia
keyboard_arrow_down

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
Website
NA
Edelweiss 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,
Loading...
ⓒ 2016-2021 Groww. All rights reserved, Built with in India