Widely used:
Analyst’s Choice
Value Research Rating
Analyst’s Choice
Riskometer
Low
₹1,269.7620 0.02%
As on 13-Aug-2024
As per SEBI's Riskometer.
Split between different types of investments
Split between categories of Equity investments
Rating |
VR Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|
|---|---|---|---|---|---|---|
|
Edelweiss Overnight Fund - Direct Plan
|
|
|
Low
|
Please wait... |
0.10 |
|
 |
|
Low
|
Please wait... |
0.08 |
||
 |
|
Low
|
Please wait... |
0.05 |
||
|
|
Low
|
Please wait... |
0.08 |
||
|
|
Low
|
Please wait... |
0.08 |
₹344 Cr
--
100
1
100
6
Investment Strategy
The scheme seeks to generate returns commensurate with risk of investments in overnight instruments.
Suitability
"Overnight funds invest in bonds having a maturity of just one day. They are suitable to earn a little extra on idle money lying in the bank. You may invest in these funds the money that you have set aside to meet any emergency needs or any surplus money that you don't need for a few days up to a year.
The risk of incurring a loss in these funds is negligible but they do not guarantee returns or safety of capital.
Remember, these funds are geared to deliver only marginally higher returns than your bank account. They deliver steady, but low returns and are not suitable to build wealth in the long run."
Capital Gains Taxation
Dividend Taxation
Edelweiss Overnight Fund - Direct Plan is mandated to invest in bonds having a maturity of just one day.
Mutual funds can be bought directly from the website of the fund house. For instance, Edelweiss Overnight Fund - Direct Plan fund can be purchased from the website of Edelweiss Mutual Fund. You can also buy mutual funds through platforms like MF Central, MF Utility, among others. However, if you are not comfortable buying mutual funds online, you can seek help of a mutual fund distributor. Most banks also act as mutual fund distributors. So you can connect with your bank for assistance.
The NAV of Edelweiss Overnight Fund - Direct Plan is ₹1,269.7620 as of 14-Aug-2024.
The AUM of Edelweiss Overnight Fund - Direct Plan Fund is ₹344 Cr as of 31-Jul-2024
The riskometer level of Edelweiss Overnight Fund - Direct Plan is Low. See More
| Company | Percentage of Portfolio |
|---|---|
|
Reserve Bank of India T-Bills 182-D 22/08/2024 |
2.90
|
As of 31-Jul-2024, Edelweiss Overnight Fund - Direct Plan had invested 100.82% in Debt and -0.82% in Cash & Cash Eq. See More
Edelweiss Overnight Fund - Direct Plan is 5 years 0 months old. It has delivered 4.83% returns since inception. See More
|
1Y
|
3Y
|
5Y
|
7Y
|
10Y
|
Since Inception
|
|---|---|---|---|---|---|
|
6.77%
|
5.54%
|
4.82%
|
--
|
--
|
4.83%
|
No, There is no lock in period in Edelweiss Overnight Fund - Direct Plan.
The expense ratio of Edelweiss Overnight Fund - Direct Plan is 0.10.
Mutual Funds 
Edelweiss Edelweiss Overnight Fund - Direct Plan
