- Mutual Funds
- Edelweiss Mutual Funds
- Edelweiss Overnight Fund (Growth)
However, Scripbox does not recommend investing in overnight mutual funds.
Overnight Funds invest in securities with a maturity of 1 day.
These investments have very low interest rate risk; however this also reduces return.
The category accounts for close to 7% of the total assets in the Debt fund assets primarily driven by corporates for whom this provides a better option than current account.Since most of the underlying holdings are Reverse Repos,funds in this category also score well on credit quality.We do not recommend funds in this category for individuals since we believe that liquid funds are a better option with similar credit & interest rate risk but higher return.
Track Record
3 Years. The Fund has a Short history for analysis. We recommend funds with longer history.
Relative Size
1,047 Cr. Medium within the category
Impact of Interest Rate Changes
Lowest Interest Rate Risk. The impact on fund value is very low when interest rates change
Credit Quality Of Fund's Portfolio
Lowest Credit Risk. The fund has a very high credit quality compared to other debt funds
Scripbox Recommended Overnight Funds
Want the most stable overnight funds for your portfolio?
Learn more
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsHistorical NAV
₹ 1109.9635
NAV (Jun 23)
Fund Returns
Last 1Y | 3.3% |
Last 3Y | NA |
Last 5Y | NA |
Last 10Y | NA |
Since Inception | 3.6% |
6 Month CAGR | 1.8% |
Scheme Information
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.
Expense Ratio | 0.16 |
Launched (3y ago) | Jul 24, 2019 |
AUM in Crores | 1046.258 |
ISIN | INF754K01KE3 |
Lock-in | No Lock-in |
Benchmark | Nifty 1D Rate TR INR |
SIP Minimum | 1000 |
Lumpsum Min. | 5000 |
Returns Calculator Comparison
of
for
with step up of
| Instrument | Returns | Total Corpus | Gains | Annualised % |
|---|---|---|---|---|
| Mutual Fund | 965,796 | 233,184 | 11.25% | |
| EPF | 900,761 | 168,149 | 8.50% | |
| Property | 867,662 | 135,050 | 7.00% | |
| PPF | 869,819 | 137,207 | 7.10% | |
| Bank FD | 846,471 | 113,859 | 6.00% | |
| Gold | 846,471 | 113,859 | 6.00% | |
| Savings Bank | 825,950 | 93,338 | 5.00% |
Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully before investing. Past performance is not an indicator of future returns.
Asset allocation and Holdings
Top Debt Holdings
clearing corporation of india ltd.
99%net receivables/(payables)
1%accrued interest
0%Comparison with Debt Funds
| Fund Name | Scripbox Opinion | Fund Size | Track Record |
|---|---|---|---|
₹ 44,308 cr | |||
₹ 14,441 cr | |||
₹ 18,739 cr | |||
₹ 12,059 cr | |||
₹ 44,308 cr |
About the AMC
Edelweiss Asset Management Limited
Edelweiss Asset Management Limited manages assets worth 50,798 crores and was set up on 23 August 2007. It's current offering of mutual fund schemes includes 33 equity,97 debt and 24 hybrid funds.
| Fund Name | Scripbox Opinion | Till Date CAGR | |
|---|---|---|---|
12.3% | 11% | ||
11.7% | 9.8% | ||
18.3% | 10.7% | ||
12.8% | 10.6% | ||
11.1% | 10% |
Investment Calculator
Investment Duration5 years
0
Total Investment0
Wealth Gained0
Total Corpus Created (₹)
With CAGR of 11.25 % in 5 yearsEdelweiss Overnight Fund (G) Review
Edelweiss Overnight Fund (G) is a Overnight Debt fund and has delivered an annualised return of 3.6% over a period of 2 years. The fund is managed by Edelweiss Asset Management Limited. The fund managers are Gautam Kaul, Pranavi Kulkarni, Rahul Dedhia.
Nav of Edelweiss Overnight Fund (G) as of 6/23/2022 is ₹1109.96 with the total AUM as of 6/24/2022 is ₹1046.258. With Scripbox you can compare and check the latest nav for all mutual funds in India. Edelweiss Overnight Fund (G) was launched on Jul 24, 2019. The category risk of the fund is Low Risk.
The minimum SIP amount for Edelweiss Overnight Fund (G) is ₹1000 and you can increase this in multiples of ₹100. In case you want to invest a lump sum, the minimum amount to be invested is ₹5000. Check your estimated returns on mutual funds by using sip calculator.
Edelweiss Overnight Fund (G) is suited for investors looking to invest for 1-4 years. The asset class is less volatile than equity and the fund is likely to provide stable but slow growth. The fund is benchmarked to Nifty 1D Rate TR INR.
Edelweiss Overnight Fund (G) is rated as a 3 fund in Debt and delivered 3.3% returns in the last 1 year. Scripbox provides a compare mutual funds research tool to view a detailed comparison with Edelweiss Overnight Fund (G).
Frequently Asked Questions
What is Edelweiss Overnight Fund (G)?
How to invest in Edelweiss Overnight Fund (G)?
You can invest in Edelweiss Overnight Fund (G) through AMC, intermediaries, brokers or platforms like Scripbox. To learn step by step process visit how to invest in mutual funds?
What is the minimum sip amount of Edelweiss Overnight Fund (G)?
The minimum sip amount for Edelweiss Overnight Fund (G) is ₹1000. You can invest in multiples of ₹5000.
Is Edelweiss Overnight Fund (G) good to invest in?
As per Scripbox experts, Edelweiss Overnight Fund (G) is a Neutral fund. You can investEdelweiss Overnight Fund (G) fund if its investment objective and risk-o-meter matches your investment goals and risk preferences.
What is the expense ratio of the Edelweiss Overnight Fund (G)?
The expense ratio of the Edelweiss Overnight Fund (G) is 0.16% for regular plan.