Edelweiss Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum Cptl Wdrl Opt

Edelweiss Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum Cptl Wdrl Opt is a debt fund. This fund was started on 24 July, 2019. The fund is managed by . This fund is suitable to keep your money safe.

1. Edelweiss Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum Cptl Wdrl Opt has ₹212 Cr worth of assets under management (AUM) as on Jun 2025 and is more than category average.
2. The fund has an expense ratio 0.1.
   

Edelweiss Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum Cptl Wdrl Opt has given a CAGR return of 6.03% since inception. Over the last 1 year the fund has given a CAGR return of 10.52%.

Edelweiss Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum Cptl Wdrl Opt has allocated its funds majorly in Cash Equivalent. Its top holdings are

As it is a overnight mutual fund the taxation is as follows:
If the fund is debt oriented i.e. asset allocation of more than 65% in debt instruments:
Invested before 1 April 2023 and held for less than 24 months, STCG will be taxed at your income slab rate.
Invested before 1 April 2023 and held for more than 24 months, LTCG will be taxed at 12.5%.
Invested after 1 April 2023, capital gains will be taxed at your income slab rate.
Dividends will always be taxed at slab rate.

The investment objective of the scheme is to seek to generate returns commensurate with risk of investments in overnight instruments. However, there is no assurance that the investment objective of the Scheme will be realized and the Scheme does not assure or guarantee any returns.

Minimum investment for lump sum payment is INR 100.00 and for SIP is INR 100.00. Edelweiss Overnight Fund Direct Fortnightly Reinvestment of Income Distribution cum Cptl Wdrl Opt has no lock in period.