Edelweiss Overnight Fund Direct Growth+0.01%

3.96%
1 Year Return
Debt
Overnight
6M
1Y
All

Fund Details

Edelweiss Overnight Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.10%
NAV1054.21 (29 Oct 2020)
Fund Started22 Jul 2019
Fund Size283 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Edelweiss Overnight Fund Direct Growth
4.0%
NA
NA
4.2%
Category Average
3.6%
5.0%
5.5%
-
Rank within category
1
NA
NA
-
*All returns are annualized.
SIP
Lumpsum
I want to invest per month5,000
    Estimated Value
    as per Historical Returns
    0
    with 4.0% annual returns

    Comparison

    Data not available
    Pros
    1. Lower expense ratio - 0.1%
    2. Exit load is zero
    Cons
    1. Age is less than 3 years
    2. Risk-adjusted returns are lower compared to the category

    Fund Managers

    addGautam Kaul
    Education
    Mr. Kaul is a B.Com (H) and MBA (Finance).
    Experience
    Prior to joining Edelweiss AMC he has worked with Invesco Mutual Fund, Sahara India Asset Management Company Pvt. Ltd, IDBI AMC. and Mata Securities (India) Pvt. Ltd..
    Funds Managed

    Edelweiss Overnight Fund Direct Growth Details

    Edelweiss Overnight Fund Direct Growth 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 Growth fund.The fund currently has an Asset Under Management(AUM) of ₹283 Cr and the Latest NAV as of 29 Oct 2020 is ₹1054.21.

    The Edelweiss Overnight Fund Direct Growth 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

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    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
    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,
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