1M
6M
1Y
3Y
5Y
All
| NAV: 12 Jan 2025 | ₹1,303.92 |
| Min. SIP amount | ₹100 |
| Rating | 2 |
| Fund size | ₹294.87Cr |
Return calculator
Monthly SIP
One-Time
₹5,000 per month
Over the past
Total investment of ₹0
Would have become ₹ (%)
Returns and rankings
Category: Debt Overnight
Annualised returns
Absolute returns
| 1Y | 3Y | 5Y | All | |
|---|---|---|---|---|
| Fund returns | 6.6% | 6.0% | 4.9% | 5.0% |
| Category average | 6.6% | 6.0% | 4.8% | NA |
| Rank with in category | 28 | 23 | 13 | NA |
Understand terms
Peer Comparison
| Debt, Overnight funds | Rating | 1Y | 3Y | Fund Size(Cr) |
|---|---|---|---|---|
Axis Overnight Fund Direct Growth | 5 | 6.8% | 6.1% | 8,135.21 |
Nippon India Overnight Fund Direct Growth | 4 | 6.7% | 6.1% | 8,049.99 |
DSP Overnight Fund Direct Growth | 4 | 6.7% | 6.1% | 2,145.55 |
Aditya Birla Sun Life Overnight Fund Direct Growth | 4 | 6.7% | 6.1% | 7,875.77 |
Quant Overnight Fund Direct Growth | 5 | 7.0% | NA | 203.36 |
Holdings (3)
| Name | Sector | Instrument | Assets |
|---|---|---|---|
Punjab National Bank | Financial | CD | 9.21% |
National Bank For Agriculture & Rural Development | Financial | CP | 9.21% |
Reserve Bank of India | Financial | T-Bills | 3.67% |
Pros and cons
Category: Debt Overnight
Pros
Consistently higher annualised returns than category average for the past 1Y, 3Y and 5Y
Exit load is zero
Average credit rating of the fund's holdings: AAA
This fund has holdings of the highest quality
Higher alpha: 1.15
The fund has generated returns higher than benchmark - CRISIL Liquid Overnight Index - in the last 3Y
Cons
Higher expense ratio: 0.11%
Low rating: 2
Expense ratio, exit load and tax
Expense ratio: 0.11%
Inclusive of GST
Exit load
Nil
Stamp duty
0.005% (from July 1st, 2020)
Tax implication
Returns are taxed as per your Income Tax slab.
Understand terms
Check past data
Minimum investment amounts
| Min. for 1st investment | ₹100 |
| Min. for 2nd investment onwards | ₹100 |
| Min. for SIP | ₹100 |
Fund management
Hetul RavalJul 2024 - PresentView details
Hetul Raval
Jul 2024 - Present
View details
Education
Mr. Hetul Raval has completed his MMS in Finance.
Experience
Prior to joining Edelweiss Mutual Fund, he has worked with A. K. Capital Finance Ltd., A.K. Stockmart Pvt. Ltd. and Kotak Mahindra Bank Ltd.
Also manages these schemes
Fund house & investment objective
Fund house contact details
Address
Edelweiss HouseOff C.S.T. Road,Kalina Mumbai 400098
Phone
+91 22 4093 3400
Launch Date
30 Apr 2008
E-mail
NAWebsite
www.edelweissmf.com
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,
Email
[email protected]Website
www.karvymfs.comCompare funds
Edelweiss Overnight Fund Direct Growth
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