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Edelweiss Overnight Fund Direct Growth+0.01%

3.50%
1 Year Return
Debt
Overnight
6M
1Y
All

Fund Details

Edelweiss Overnight Fund Direct Growth

RiskLow
Min SIP Amount₹500
Expense Ratio0.10%
NAV₹1061.43 (20 Jan 2021)
Fund Started22 Jul 2019
Fund Size253 Cr

Returns

1Y
3Y*
5Y*
Since inception*
Fund Returns
3.5%
-
-
4.0%
Category Average
3.2%
4.8%
5.3%
-
Rank Within Category
1
-
-
-
*All returns are annualized.
SIP
ONE TIME
Minimum SIP amount500
Amount Per Month₹5,000
Would have become
0
with 3.5% returns per annum

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

Gautam Kaul
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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 ₹253 Cr and the Latest NAV as of 20 Jan 2021 is ₹1061.43.

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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