|Min SIP Amount||₹500|
|NAV||₹1043.45 (03 Jul 2020)|
|Fund Started||22 Jul 2019|
|Fund Size||₹1,303 Cr|
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 ₹1,303 Cr and the Latest NAV as of 03 Jul 2020 is ₹1043.45.
The Edelweiss Overnight Fund Direct Growth is rated Low risk. Minimum SIP Investment is set to 500. Minimum Lumpsum Investment is 5000.
The scheme seeks to generate returns commensurate with risk of investments in overnight instruments.
Returns are taxed as per your Income Tax slab, if sold before 3 years. Negligible Tax (20% with indexation benefit) post 3 years.