Edelweiss Overnight Fund Direct Growth
Edelweiss Overnight Fund Direct Growth

Edelweiss Overnight Fund Direct Growth

Compare
Debt
Direct
Overnight

NAV: ₹ 1151.1 as on 08-02-2023

Fund Performance
zero opening, trading, fund transfer fee
7 people have invested ₹ 3L in mutual fund in the last three months

Fund Insights

Insights icon

In the last 1 year, Axis Overnight Fund Direct Growth has given 5.03% return, outperforming this fund by 0.11%

Insights icon

In the last 3 years, Mirae Asset Overnight Fund Direct Growth has given 3.9% return, outperforming this fund by 0.06% per annum

Insights icon

This fund expense ratio is slightly on the lower side within the category (overnight). Its expense ratio is 0.11% which is lower than the category average expense ratio of 0.13%

Fund Performance as on (01-Jan-70)

Return
1M
3M
6M
1Y
3Y
This Fund
0.5%
1.5%
2.9%
4.9%
3.8%
Benchmark
-
-
-
-
-
About the Fund

Edelweiss Overnight Fund Direct Growth is a debt fund. This fund was started on  24 July, 2019. The fund is managed by Rahul Dedhia, Pranavi Kulkarni. This fund is suitable to keep your money safe.

Key parameters

1) Edelweiss Overnight Fund Direct Growth has a NAV of 1151.125 as on 08-02-2023.

2) Edelweiss Overnight Fund Direct Growth has 355 Cr worth of assets under management (AUM) as on 31-12-2022 and is less than category average.

3) The fund has an expense ratio 0.11 %.

Fund Overview

Expense ratio
Expense ratio
0.11%
Benchmark
Benchmark
CRISIL Liquid Fund TR INR
AUM
AUM
₹355 Cr
Inception Date
Inception Date
24 July, 2019
Min Lumpsum/SIP
Min Lumpsum/SIP
₹5000/₹500
Exit Load
Exit Load
0%
Lock In
Lock In
No Lock-in
TurnOver
TurnOver
0%

Fund Distribution as on (31-Dec-22)

  • Debt & Cash 100%

Sector Allocation

Dec'22

Nov'22

Oct'22

Cash Equivalent

100%

Top Holdings as on (31-Dec-69)

  • Debt & Cash
Debt Holdings3
Holdings
Weight%
Holdings Trend
1M Change
Clearing Corporation Of India Ltd.
Clearing Corporation Of India Ltd.
98%
0%
364 Dtb 02022023
364 Dtb 02022023
1.4%
0%
Accrued Interest
Accrued Interest
0.05%
0%

What changed

in last one month
  • Scheme
AUM increased by 84.5 Cr in last 1M
Dec'69 return outperformed benchmark

Change in AUM

Dec'22
₹ 393.5 Cr
Nov'22
₹ 308.9 Cr
Oct'22
₹ 493.5 Cr

Fund Returns vs Benchmark

Jan'23
0.41%
0.36%
Dec'22
0.43%
0.40%
Nov'22
0.42%
0.41%
Fund Return
Benchmark Return

Fund Manager

Rahul Dedhia

Rahul Dedhia

Fund Manager of Edelweiss Overnight Fund Direct Growth, since 24 July 2019
Pranavi Kulkarni

Pranavi Kulkarni

Fund Manager of Edelweiss Overnight Fund Direct Growth, since 23 November 2021

AMC details

Fund House
Edelweiss Asset Management Limited
Total AUM
₹61.39K Cr
as on 31-Dec-2022
Address
Edelweiss House, Off C.S.T. Road, Kalina
Phone
91-22-40979900
Email
investor.amc@edelcap.com

Fund Highlights

Risk meter
pointer

Low Risk

Investors understand that their principal will be at Low Risk
About the fund

About the fund

This fund has delivered an average annual returns of 4.04% since inception which is more than its category average return of 3.16%
AUM size ₹355 Cr

AUM size ₹355 Cr

This fund has AUM of ₹355 Cr which is less than its category average of ₹ 3532 Cr
Expense Ratio 0.11%

Expense Ratio 0.11%

This fund has an expense ratio of 0.11% which is less than its category average expense ratio of 0.14%

Frequently Asked Questions

The current NAV of Edelweiss Overnight Fund Direct Growth is 1150.93 as on 07-Feb-2023.
Existing (Absolute + CAGR)
Edelweiss Overnight Fund Direct Growth
Absolute Returns
CAGR Returns
1 Month Returns
0.52%
0.52%
6 Month Returns
2.91%
2.91%
1 Year Returns
4.91%
4.91%
3 Years Returns
11.95%
3.84%
5 Years Returns
0%
0%
With INDmoney, the process of investing is very simple and involves zero commission.
  • Click Buy on the fund name.
  • Input the amount you are looking to invest.
  • Select Lump Sum or SIP (Weekly, Monthly or Quarterly).
  • Select your bank account and proceed with Payment.
0.11 as on January 2023
355 Cr as on January 2023
Rahul Dedhia,Pranavi Kulkarni are the fund managers of Edelweiss Overnight Fund Direct Growth
The Exit load of Edelweiss Overnight Fund Direct Growth is 0%

Mutual Fund execution provided by

Technology facilitation Services provided by Finzoom Investment Advisors Pvt. Ltd. - Advisory unit. SEBI Registered Investment Advisor: INA100012190 | BASL Registration No. 1154 | BSE StarMF Platform code: 24801

Disclaimer: Mutual Fund investments are subject to market risks, read all scheme related documents carefully. Past performance is not indicative of future returns.